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One of the most successful sportsmen in the United States, Tiger Woods, is worth an estimated 800 million dollars. Tiger Woods makes between $50 and $60 million a year. According to Forbes, he made $63 million between June 2019 and June 2020 through his different enterprises. Throughout his career, Tiger’s profits have totaled $1.7 billion. He’s made well over $2 billion in his career, even after accounting for inflation. For several years, he was the highest-paid celebrity on the planet, making him the highest-paid golfer in history.
He has won 15 professional major tournaments, 81 PGA Tour victories, 41 European Tour victories, and five Masters victories, to name a few. He has held the top spot for the longest period of any player. He holds the record for the lowest career batting average. Eleven PGA Player of the Year awards, two Sports Illustrated Sportsman of the Year awards, and four AP Male Athlete of the Year awards have been bestowed upon him. When it comes to the sport, Tiger Woods is usually recognized as the greatest golfer in history. Induction into the World Golf Hall of Fame is scheduled for 2021 for him.
Table of Contents
Early Life
He was born on December 30th, 1975 in Cypress, California, to parents Earl and Tida Woods as Eldrick Tont “Tiger” Woods. He is the only child they have. From his father’s first marriage, Earl Sr. has two half-brothers, Earl Jr. and Kevin, and a half-sister, Royce. Thai heritage runs deep in Tiger’s family tree. Tiger has referred to his ethnicity as Cablinasian, which includes Caucasian, African American, and Asian.
In honor of his father’s friend, Colonel Vuong Dang Phong, who was also known as Tiger, he was given the moniker Tiger. He was raised in Orange County, where he now lives. Earl Woods introduced Woods to golf when he was just two years old. Earl was an amateur golfer with a single-digit handicap. He was also one of Kansas State University’s first African-American college baseball players.
Tiger Woods, whose net worth is around $1 billion dollars, declined an offer of between $700 million and $800 million to join LIV golf 👇
— SuperSport 🏆 (@SuperSportTV) August 2, 2022
Amateur and College Career
Tiger faced up against comedian Bob Hope in a ring match on “The Mike Douglas Show” in 1978. When he was three years old, he had a nine-hole score of 48. He featured on ABC’s “That’s Incredible!” and “Golf Digest” when he was just five years old. Six-year-old Tiger won the Drive, Pitch, and Putt tournament at the Navy Golf Course in Cypress, California’s Under Age 10 division.
He won the 9–10 boys’ event at the Junior World Golf Championships when he was eight years old, the youngest age group available. That year, he became the first person to reach the age of 80. For four years from 1988 to 1991, Tiger won the Junior World Championships six times.
The first time Woods beat his father was when he was 11 years old, and Earl was doing everything he could to win that match. From that point on, Earl was beaten by Tiger every time. Woods was just 15 years old when he became the youngest U.S. Junior Amateur champion, a record that lasted until 2010 at Western High School in Anaheim. In 1990 and 1991, he was voted Southern California Amateur Player of the Year. Golf Digest named him the year’s top junior amateur player in 1991.
By successfully defending his championship in 1992, Woods had become the first player to win the U.S. Junior Amateur Championship twice. In the same year, he took part in his first PGA Tour event, the Nissan Los Angeles Open, which took place in Southern California. “Golf Digest” Amateur Player of the Year, “Golf World” Player of the Year, and “Golfweek” National Amateur of the Year were all awarded to him in 1992.
He won his third consecutive U.S. Junior Amateur Championship the following year; he is the only three-time winner of the tournament to do so. When he won the US Amateur Championship in 1994, he became the youngest victor in the tournament’s history. He retained that record until 2008. At the 1994 Eisenhower Trophy World Amateur Golf Team Championships, he was a member of the victorious American team. When Woods graduated from high school in 1994, the graduating class selected him as “Most Likely to Succeed.”
A number of the nation’s top collegiate golf programs sought out Tiger Woods. He chose to attend Stanford University, the 1994 NCAA winners, because of the school’s reputation for academic excellence. During the fall of 1994, he enrolled at Stanford University and won his first collegiate tournament, the William H. Tucker Invitational. While playing for the University of Oregon in 1995, he won the U.S. Amateur Championship at Newport Country Club in Rhode Island and was named Pac-10 Player of the Year, NCAA First Team All-American, and Stanford Freshman of the Year (an award that encompasses all sports).
It took Woods two years after his first PGA Tour major at age 19 to win by 12 shots by finishing in a tie for 41st. Woods was the only amateur to qualify for the final round of the 1995 Masters. In 1996, at the age of 20, he became the first golfer in history to win three straight U.S. Amateur titles and the NCAA individual golf championship. He dropped out of college after two years to pursue a career in golf.
Professional Career
He turned professional in August 1996 at the age of 20 and secured advertising contracts with Nike and Titleist that were the most lucrative in golf history at the time. Woods turned pro in August 1996 at the age of 20. In 1996, he was named “Sportsman of the Year” by “Sports Illustrated” and “PGA Tour Rookie of the Year” by the PGA Tour.
The Masters, which he won by 12 strokes in a record-breaking performance, and became the tournament’s youngest winner at the age of 21 on April 13, 1997, was his first major victory. He broke the record for the fastest rise to the top of the Official World Golf Rankings just two months later. Timberland Woods bounced back in 1999 with eight victories, including the PGA Championship, after an underwhelming campaign in 1998.
From 2000 through 2010, Tiger Woods dominated the sport of golf. From August 1999 to September 2004 (264 weeks), he was the world’s top-ranked golfer, then again from June 2005 to October 2010 (264 weeks) (281 weeks). He won 13 major championships during this period.
Recoveries from personal issues and injuries dominated Woods’ next decade on the golf course. During the fall of 2011, Woods dropped to number 58 in the global rankings, but he rose to the top again between March 2013 and May 2014. Although he had four back surgeries between 2014 and 2017 due to injuries, Between August 2015 and January 2018, Woods played in just one tournament and plummeted out of the top 1,000 golfers in the world. Woods has steadily risen to the top of the game since his comeback to regular competition at the Tour Championship in September 2018, when he won his first tournament in five years, and his first major in 11 years at the 2019 Masters.
Several golf records have been set by Tiger Woods. At least twice as long as any golfer in history, he has been in first place at least twice as often as anybody else in the world’s top 10. There are no other golfers who have earned more than eight Byron Nelson Awards for lowest adjusted scoring average, and he holds both of those records. Woods holds the record for most money won in a single season with eleven. Since turning professional, he has won 15 major championships and 82 tournaments on the PGA Tour.
In terms of major titles and PGA Tour victories, Tiger Woods is the most successful active golfer. He is the second golfer (after Jack Nicklaus) to have three career Grand Slams and the youngest player to do it. Woods has won 18 World Golf Championships in his career. He was also a member of the American Ryder Cup squad that triumphed in 1999. As of May 2019, Tiger Woods was the fourth golfer to receive the Presidential Medal of Freedom.
Personal Life
During the 2001 Open Championship, Tiger Woods met Elin Nordegren, the daughter of former Swedish minister of migration Barbro Holmberg, and radio journalist Thomas Nordegren. She worked as an au pair for Swedish golfer Jesper Parnevik. At the time of their engagement in November 2003, they were living in Windermere, a suburb of Orlando, Florida. They were married on October 5, 2004, at the Sandy Lane resort in Barbados. After the birth of their first child in 2007, Woods and Nordegren named her Sam Alexis Woods. Sam was a nickname given to Woods by his father growing up. 2009 saw the birth of their first child Charlie Axel Woods.
During December 2009 and the beginning of April 2010, he took a break from professional golf to work out issues with his then-wife, Elin. The pair split on August 23, 2010, after Woods confessed to many affairs.
Woods and Olympic gold medalist Lindsey Vonn began dating in March of 2013 and made their relationship public on March 18th. They called it quits in May of 2015. Stylist Kristin Smith was Woods’ long-term love interest from November 2016 to August 2017. After months of rumors, Tiger Woods confirmed in November 2017 that he was dating Erica Herman, a manager at a local restaurant.
Woods was detained at Jupiter Island, Florida, on May 29, 2017, for driving under the influence of alcohol or narcotics at around 3:00 a.m. EDT. He was sound asleep in the passenger seat of his car, which was sitting in the middle of the road, its motor running. Later, he admitted that he had taken prescription medications without thinking about the potential interactions with other substances in his system. Earlier this year, Tiger Woods announced through Twitter that he had undergone an extensive out-of-state program to address an unidentified ailment.
Woods’ lawyer Douglas Duncan entered a not guilty plea on his behalf at his arraignment on August 9, 2017, and he agreed to participate in a first-time DUI offender program and appear at another arraignment on October 25, 2017. Reckless driving charges were filed against Woods on October 27, 2017, at a court appearance. He was sentenced to a year of probation, forced to perform 50 hours of community service, and required to submit to random drug testing for the duration of his probation. During probation, he was not allowed to drink alcohol, and if he did, he would be sentenced to 90 days in jail and a $500 fine.
Tiger Woods Net Worth – How It Breaks Down
Tiger’s first source of income comes from tournament victories and product endorsements. Including the $2.07 million he won at the 2019 Masters, Tiger Woods has earned $118 million as a professional golfer since going pro in 1996. 7.6 percent of his entire career earnings. The bulk of Tiger Woods’ money comes from endorsements, just like with other dominant players like Michael Jordan and Lebron James. His endorsement deals with Nike, Gatorade, American Express, Asahi, General Mills (Wheaties), Golf Digest (Rolex), Gillette, Accenture, Tag Heuer, AT&T, and EA Sports have earned him a total of $1.6 billion throughout his professional career.
Gatorade created a “Gatorade Tiger” beverage for Woods. One-on-one, the Gatorade partnership was worth $100 million in five years. Tiger Woods, Roger Federer, and Thierry Henry were once paid $20 million a year to market Gillette. For $10 million, Tiger can develop golf courses all over the world and earn up to $1.5 million just for showing up at a tournament.
How Long Did It Take Tiger To Earn $100 Million?
On August 29, 1996, Tiger Woods made his professional golf debut. On April 13, 1997, 228 days later, he won the Masters’s. On top of the $40 million Nike agreement and $20 million Titleist deal, the 21-year-old won the Masters.
On May 20, 1997, a day after winning the Byron Nelson Classic, Tiger signed a five-year $30 million deal with American Express, his first tournament after becoming the youngest player to win the Masters. For his career, he earned $100 million thanks to the American Express partnership as well as Nike and Titleist sponsorships and tournament victories. To put it another way, Tiger earned $100 million in just 264 days after he turned pro. With the deal, which was signed in 2003, LeBron James was paid $90 million over a seven-year term.
Since then, Tiger Woods has had two Nike sponsorship deals. Over five years, the transaction was worth $100 million ($20 million annually). In other words, Tiger made $140 million from Nike alone between 1997 and 2005. Over those seven years, he probably made well over $200 million in total.
Real Estate and Other Assets
Tiger built a big new estate on 12 acres in Jupiter, Florida after separating and divorcing Elin. The house had a market value of $60 million when it was finished. The property could be valued at $75 million to $100 million now. It has a practicing golf course, an oxygen therapy area, and at least four swimming pools. Lap pools, dive pools, children’s pools, reflection pools, and water fountains are all part of the expansive complex.
‘Privacy,’ Tiger’s 25-million-dollar yacht, is named for him. During tournaments that are close to the water, he often sleeps on the yacht.
At least $20 million is in his PGA tour pension plan.
He has a Gulfstream G550 worth $54 million as his aircraft. Tiger’s sole commercial flight in the last 15 years was a trip from Los Angeles to Dubai in January of this year.
A 12-acre oceanfront property in Jupiter, Florida, worth at least $75 million was previously mentioned.
Tiger began a course design firm in the wake of the financial crisis of 2009 and his professional decline. For the past decade, he has been designing courses all around the world.
2016: $34.61 million total ($35.5 million from endorsements)
2017: $43.3 million total ($42 million from endorsements)
2018: $36.1 million total ($35.5 million from endorsements)
2019: $65 million (so far – includes $2.07 million from 2019 Masters win)
Tiger Woods’ total career earnings as of this writing are $1.7 billion
Marriage And Divorce Settlement With Elin Nordegren
In 2004, Tiger Woods tied the knot with Elin Nordegren. Sam Alexis Woods and Charlie Axel Woods were born in 2007 and 2009, respectively, to Woods and Nordegren. After a scandal surrounding Tiger’s infidelity in 2009, the couple’s marriage came to an end. Tiger Woods’ playing and sponsorships have deteriorated as a result of the scandal surrounding his divorce from Elin Nordegren, which has cost him millions of dollars. Aside from that, Elin received $100 million in assets from him in the form of cash and real estate.
Conclusion
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