Tiger Woods is one of the most famous athletes in modern history and is one of the greatest golfers of all time due to his incredible achievements on the course, holding the record for the most career major wins and career PGA Tour wins of all active players.
This has led to the 46-year-old accumulating the most career earnings of any golfer in PGA Tour history, with $2.1 billion (£1.5 billion) coming his way since turning professional at 20 years old in 1996.
And his success within the sport has also brought success outside of it, with golf only contributing towards a small part to his total life earnings, while his net worth has reached a staggering number as a result.
What is Tiger Woods’ net worth?
Tiger Woods has an estimated net worth of $800m (£608m) following an incredibly lucrative career, and despite plenty of absences from the sport due to numerous injuries and personal problems, it is estimated that he still earns $50m (£38m) a year through his sporting achievements and outside ventures.
With earnings of $2.1bn (£1.5bn), Woods is the highest earning golfer of all time and was the highest earning celebrity in the world for many years during the peak of his career in the 2000s, while he is the second highest earning athlete of all time, behind only Michael Jordan with $2.62bn (£1.99bn).
Woods has earned handsomely from winning golf tournaments, such as the $2.07m (£1.57m) he won at the 2019 Masters, yet these career earnings are just a small proportion of where his money has come from, with the majority earned through endorsements and sponsorships.
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Endorsements and sponsorships
Woods' estimated $50m (£38m) salary is mainly contributed to by endorsements and sponsorship, with it being revealed that he earned $63m (£47m) between June 2019 and June 2020 from his various endeavours. Woods commands $10m (£7m) to design golf courses all over the world and can earn up to $1.5m (£1.1m) just to show up at golf tournaments.
Woods is sponsored by Nike and signed his first contract in 1996 which was reportedly worth $40m (£30m) over five years. This was followed by another five-year deal, worth an estimated $100m (£76m), and an eight-year deal in 2006 believed to be worth $20-40m (£15-£30m) annually. In 2013, his deal was again extended but exact details were not released, although Business Insider put the value at $200m (£152m).
Woods also has deals with TaylorMade, Monster, GOLF TV, Bridgestone, Kowa, Hero, Upper Deck, Full Swing Simulators, and Centinel Spine. Gatorade developed a custom branded drink for Woods called "Gatorade Tiger", which made him $100m (£76m) over five years, while he once earned $20m (£15m) per year to endorse Gillette.
Assets
A divorce with Elin Nordegren in 2010 cost Woods $100m (£76m) but he still has plenty of high value assets and properties to his name, including a $54m (£41m) private jet and a 155-ft yacht, that he named "Privacy", worth $25m (£18m).
In 2006, Woods and Nordegren purchased a $39m (£29m) estate in Jupiter Island, Florida, before constructing a 10,000-square-foot home for $55m (£41m), which Woods moved into in 2010 following the couple's divorce, that comes complete with private docks and a golf course.
The American has a PGA tour Pension plan which is worth at least $20m (£15m), while he also has his own Tiger Woods Foundation, to which he reportedly gave $12m (£9m) in 2012, to add to his long list of various incomes. Even after a drop off in tournament appearances in recent years, it is clear that the golfing legend is more than set for life.
