Tiger Woods Net Worth 2024

What is Tiger Woods’s net worth and profession earnings?

Tiger Woods is an American skilled golfer who has a net worth of $800 million. Since turning professional in 1996, Tiger’s profession earnings high $1.8 billion. Adjusting for inflation his profession earnings simply high $2 billion. He is the highest-earning golfer of all time and was the highest-earning movie star on the planet for a few years.

The accolades he has earned are too quite a few to listing of their entirety however some highlights embrace:

• 15 skilled main tournaments
• 82 PGA Tour wins
• 41 European tour wins
• Five Masters wins
• He has been ranked #1 for extra consecutive weeks than another participant
• He has the bottom scoring common of all time
• He has been topped PGA Player of the yr 11 instances
• Inducted into the World Golf Hall of Fame in 2021

Tiger Woods started taking part in when he was two, and by the point he was seven, he was often showing on tv packages and specials showcasing his preternatural golf abilities.  He continued taking part in all through highschool and college, and by the point he turned professional in 1996, everybody knew that he was going to rapidly grow to be the skilled golfer to beat. He just about gained the whole lot for the following ten years, together with 10 PGA Player of the Year Awards. He was the World #1 for a document 264 consecutive weeks from 1999 to 2004, after which one other 281 weeks from 2005 to 2010.

However, his private life took a serious nosedive. After the dying of his father in 2006, it was as if somebody had let a feral cat out of a bag.  He managed to destroy his marriage and family, lose a large variety of endorsement offers, and usually collapse for the following few years. Though his golf sport was nonetheless on par, pardon the pun, his status took a beating and has by no means fairly recovered. Of late, he appears to have gotten again on monitor considerably, however solely time will inform.

Nike Deal and Notable Endorsement Earnings

Outside of event winnings, by FAR Tiger’s most profitable supply of earnings for his complete skilled profession was his Nike sponsorship.

Tiger made his skilled golf debut on August 29, 1996. He gained The Masters 228 days later, on April 13, 1997. After successful The Masters, the 21-year-old signed a 5-year $40 million take care of Nike and 5-year $20 million take care of Titleist.

About a month later, on May 20, 1997, a day after successful the Byron Nelson Classic (the primary event he entered after turning into the youngest participant ever to win The Masters), Tiger signed a 5-year $30 million take care of American Express. The American Express deal mixed together with his Nike, Titleist, and event winnings introduced his profession earnings to $100 million. In different phrases, after turning skilled, it took Tiger simply 8 months (264 days) to earn $100 million. By comparability, LeBron James’ first Nike deal, which was signed in 2003, was value $90 million over seven years.

In September 2000, Tiger signed his second Nike endorsement deal. This deal was value $100 million, over 5 years ($20m per yr). In different phrases, between 1997 and 2005, Tiger earned $140 million from Nike alone. He probably earned a contact over $200 million from all offers throughout that seven-year interval.

Tiger and Nike re-upped with an 8-year $320 million contract in 2005. In 2013 they signed what would become their last deal collectively, a 10-year, $200 million deal.

On January 8, 2024, Nike and Tiger revealed that they’d parted firm as model companions. Between his first deal in 1997 and this announcement, Tiger earned an estimated $700 million from Nike.

Early Life

Eldrick Tont “Tiger” Woods was born on December 30, 1975, in Cypress, California, to Earl and Tida Woods. He is their solely youngster. He has two half-brothers, Earl Jr. and Kevin, and a half-sister, Royce, from his father’s first marriage.

Tiger’s mom is initially from Thailand. Tiger has referred to as his ethnicity Cablinasian — as in Caucasian, Black, American Indian, and Asian. He was nicknamed Tiger in honor of his father’s pal, Colonel Vuong Dang Phong, who was also called Tiger. Woods grew up in Orange County, California. His father Earl Woods launched him to golf earlier than he turned two years outdated. Earl was a single-digit handicap beginner golfer. He was additionally one of many first African-American college baseball gamers at Kansas State University.

Amateur and College Career

In 1978, throughout a tv look on “The Mike Douglas Show,” Tiger putted towards comedian Bob Hope. At age three, he shot a 48 over 9 holes. At age 5, he appeared in “Golf Digest” and on ABC’s “That’s Incredible!”  Tiger gained the Under Age 10 part of the Drive, Pitch, and Putt competitors, held on the Navy Golf Course in Cypress, California, when he was six years outdated. When he was eight, he gained the 9–10 boys’ occasion, the youngest age group obtainable, on the Junior World Golf Championships. He first broke 80 that very same yr. Tiger gained the Junior World Championships six instances, together with 4 consecutive years from 1988 to 1991.

Woods first defeated his father when he was 11, and Earl was making an attempt his greatest to win that sport. Earl misplaced to Tiger each time from then on.  Woods was a 15-year-old pupil at Western High School in Anaheim when he grew to become the youngest U.S. Junior Amateur champion, a document that stood till 2010. He was named Southern California Amateur Player of the Year in 1990 and 1991. He was the 1991 “Golf Digest” Junior Amateur Player of the Year. In 1992, Woods grew to become the primary two-time winner of the U.S. Junior Amateur Championship when he efficiently defended his title. That similar yr, he performed within the Nissan Los Angeles Open, his first PGA Tour occasion. He was named the 1992 “Golf Digest” Amateur Player of the Year, the Golf World Player of the Year, and the “Golfweek” National Amateur of the Year.

The following yr, Woods gained his third consecutive U.S. Junior Amateur Championship; he stays the occasion’s solely three-time winner. In 1994, he grew to become the youngest winner of the U.S. Amateur Championship, a document he held till 2008. He was a member of the successful American staff on the 1994 Eisenhower Trophy World Amateur Golf Team Championships. Woods graduated from highschool in 1994 and was voted “Most Likely to Succeed” among the many graduating class.

Woods was closely recruited by the largest college golf powers. He selected to attend college at Stanford University, the then reigning 1994 NCAA champions. He enrolled at Stanford within the fall of 1994 and gained his first collegiate occasion, the fortieth Annual William H. Tucker Invitational, that September. In 1995, he efficiently defended his U.S. Amateur title on the Newport Country Club in Rhode Island and was voted Pac-10 Player of the Year, NCAA First Team All-American, and Stanford’s Male Freshman of the Year (an award that encompasses all sports activities).

At age 19, Woods participated in his first PGA Tour main, the 1995 Masters, and tied for forty first as the one beginner to make the minimize; two years later, he would win the event by 12 strokes. At age 20 in 1996, he grew to become the primary golfer to win three consecutive U.S. Amateur titles and the NCAA particular person golf championship. He left college after two years to show skilled in golf.

Professional Career

Woods turned professional in August 1996 at age 20 and instantly signed promoting offers with Nike and Titleist that ranked as essentially the most profitable endorsement contracts in golf historical past at the moment. Woods was named “Sports Illustrated’s” 1996 Sportsman of the Year and PGA Tour Rookie of the Year. On April 13, 1997, he gained his first main, the Masters, which he gained by 12 strokes in a record-breaking efficiency and have become the event’s youngest winner at age 21. Two months later, he set the document for the quickest ascent to No. 1 within the Official World Golf Rankings.  After a lackluster 1998, Woods completed the 1999 season with eight wins, together with the PGA Championship.

Woods was the dominant power in golf from 2000 to 2010. He was the top-ranked golfer on the planet from August 1999 to September 2004 (264 weeks) and once more from June 2005 to October 2010 (281 weeks). During this time, he gained 13 of golf’s main championships.

The subsequent decade of Woods’ profession was marked by comebacks from private issues and accidents. Woods fell to quantity 58 on the planet rankings in November 2011 earlier than ascending once more to the No.1 rating between March 2013 and May 2014. However, accidents led him to endure 4 again surgical procedures between 2014 and 2017. Woods competed in just one event between August 2015 and January 2018, and he dropped off the listing of the world’s high 1,000 golfers. On his return to common competitors, Woods steadily progressed to the highest of the sport, successful his first event in 5 years on the Tour Championship in September 2018 and his first main in 11 years on the 2019 Masters. In 2022, Woods returned to play in his first skilled event since his 2021 automobile crash, collaborating within the Masters Tournament. He made the minimize and completed forty seventh at 13-over par, 23 photographs behind the winner, Scottie Scheffler.

Woods has held a number of golf information. He has been the primary participant on the planet for essentially the most consecutive weeks and the best whole variety of weeks of any golfer in historical past. He has been awarded PGA Player of the Year a document 11 instances and has gained the Byron Nelson Award for lowest adjusted scoring common a document eight instances. Woods has the document of main the cash listing in ten completely different seasons. He has gained 15 skilled main golf championships and 82 PGA Tour occasions. Woods leads all lively golfers in profession main wins and profession PGA Tour wins. He is the youngest participant to attain the profession Grand Slam and the second golfer (after Jack Nicklaus) to have achieved a profession Grand Slam thrice. Woods has gained 18 World Golf Championships. He was additionally a part of the American successful staff for the 1999 Ryder Cup. In May 2019, Woods was awarded the Presidential Medal of Freedom, the fourth golfer to obtain the distinction.

Personal Life

Woods met Elin Nordegren, a Swedish former mannequin and daughter of former minister of migration Barbro Holmberg and radio journalist Thomas Nordegren, throughout The Open Championship in 2001. Swedish golfer Jesper Parnevik employed her as an au pair. They bought engaged in November 2003 and married on October 5, 2004, on the Sandy Lane resort in Barbados. They lived at Isleworth, a neighborhood in Windermere, a suburb of Orlando, Florida. Woods and Nordegren’s first youngster was a woman born in 2007, whom they named Sam Alexis Woods. Woods selected the title as a result of his father had at all times referred to as him Sam. Their son, Charlie Axel Woods, was born in 2009.

He took a self-imposed hiatus from skilled golf from December 2009 to early April 2010 in an try to resolve marital points together with his then-wife, Elin. Woods admitted to a number of infidelities, and the couple divorced on August 23, 2010.

On March 18, 2013, Woods introduced that he and Olympic gold medal skier Lindsey Vonn have been relationship. They cut up up in May 2015. From November 2016 to August 2017, Woods was in a relationship with stylist Kristin Smith. Woods introduced in November 2017 that he was in a relationship with restaurant supervisor Erica Herman, following hypothesis about their relationship that started the month prior. But in 2023, she filed a swimsuit towards Woods in relation to a non-disclosure settlement claiming she was owed $30 million after Woods’ belief’s workers locked her out of their residence and eliminated her private belongings.

On May 29, 2017, Woods was arrested close to his Jupiter Island, Florida, house by the Jupiter Police Department at about 3:00 am. EDT for driving drunk or medication. He was asleep in his automobile, which was stationary in a site visitors lane with its engine working. He later said that he had taken prescribed drugs and didn’t notice how they could work together collectively. On July 3, 2017, Woods tweeted that he had accomplished an out-of-state intensive program to sort out an unspecified challenge. At his August 9, 2017 arraignment, Woods had his lawyer, Douglas Duncan submit a not responsible plea for him and agreed to take part in a first-time DUI offender program and attend one other arraignment on October 25. At a listening to on October 27, 2017, Woods pleaded responsible to reckless driving. He acquired a yr of probation, was fined $250, and was ordered to endure 50 hours of neighborhood service and common drug assessments. He was not allowed to drink alcohol throughout the probation, and if he violated the probation, he can be sentenced to 90 days in jail with a further $500 fantastic.

In February 2021, Woods was concerned in a extreme automobile crash when his automobile rolled over whereas he was touring north alongside Hawthorne Boulevard in Rancho Palos Verdes, California. It was discovered that Woods had been driving over 80 mph earlier than he crashed, and Tiger suffered a number of leg accidents and needed to endure surgical procedure.

Tiger Woods Net Worth – How It Breaks Down

Tiger’s first income comes from successful tournaments and endorsing merchandise. Since turning professional in 1996, Tiger has earned $118 million on the golf course (together with the $2.07 million he gained on the 2019 Masters). That quantities to 7.6% of his whole profession earnings thus far. As with equally dominant athletes like Michael Jordan and Lebron James, the majority of Tigers’ fortune comes because of endorsements. Roughly 92.4% of his profession earnings, round $1.6 billion, are from endorsing manufacturers reminiscent of Nike, Gatorade, American Express, Asahi, General Mills (Wheaties), Golf Digest, Rolex, Gillette, Accenture, Tag Heuer, AT&T, EA Sports, NetJets, Upper Deck, TLC Laser Eye Centers, and Buick.

Gatorade developed a custom-branded drink for Woods referred to as “Gatorade Tiger.” The Gatorade deal alone was value $100 million over 5 years. At one time, Tiger Woods earned $20 million per yr to endorse Gillette together with fellow famous person athletes Roger Federer and Thierry Henry. Tiger instructions $10 million to design golf programs worldwide and may earn as a lot as $1.5 million simply to indicate as much as a golf event.

Real Estate and Other Assets

In the wake of his separation and divorce from Elin, Tiger constructed a large oceanfront new property in Jupiter, Florida, on 12 acres. At the time of its completion, the house was estimated to be value $60 million. Today, the property may very well be value $75 to $100 million. The property encompasses a follow golf course (naturally), an oxygen remedy room, and at the very least 4 swimming swimming pools. The sprawling compound has a lap pool, dive pool, youngsters’s pool, reflection pool, and a water fountain.

• Tiger owns a $25 million yacht named “Privacy.” He typically sleeps on the yacht throughout tournaments which might be close to water.
• His PGA tour Pension plan is value at the very least $20 million.
• He owns a $54 million Gulfstream G550 personal jet. The solely time Tiger has flown commercially within the final 15 years was in January 2017, when he traveled from Los Angeles to Dubai.
• The beforehand talked about a 12-acre ocean-front property in Jupiter, Florida, that’s value at the very least $75 million
• In the wake of the 2009 monetary disaster and his profession slowdown, Tiger launched a course design enterprise. He has designed programs worldwide with loads of work on his plate.

Tiger Woods Career Earnings Year By Year

2016: $34.61 million whole ($35.5 million from endorsements)

2017: $43.3 million whole ($42 million from endorsements)

2018: $36.1 million whole ($35.5 million from endorsements)

2019: $65 million (contains $2.07 million from 2019 Masters win)

2020: $62.3 million

2021: $73.5 million

2022: $68 million

Tiger Woods’ whole profession earnings as of this writing are $1.8 billion

Marriage And Divorce Settlement With Elin Nordegren

Tiger Woods married Elin Nordegren in 2004. Woods and Nordegren’s first youngster, a daughter named Sam Alexis Woods, was born in 2007, and their son, Charlie Axel Woods, was born in 2009. An infidelity scandal involving Tiger rocked the couple in 2009 and ultimately led to the tip of their marriage. With the controversy surrounding Tiger’ divorce from Elin Nordegren, his sport and his relationships with sponsors has suffered, costing him tens of millions in potential earnings. He additionally paid Elin $100 million value of belongings, together with money and actual property.

Tiger Woods Net Worth Milestones

1995: $10,000 (earlier than turning professional)

1997: $7 million (indicators first offers with Nike and Titleist)

1999: $40 million

2001: $50 million

2003: $100 million

2005: $250 million

2009: $500 million (profession earnings surpass $1 billion)

2010 $400 million (divorce settlement finalized)

2016: $700 million

2019: $800 million

In 2009, when his net worth was $500 million, Tiger was the second-richest individual of coloration within the United States behind Oprah Winfrey who was value $2.5 billion on the time.