Eldrick Tont “Tiger” Woods was born to Earl and Tida Woods in Cypress, California, on December 30, 1975. They just have him. From his father’s first marriage, he has two half-brothers, Earl Jr., Kevin, and a half-sister, Royce.
Thailand is where Tiger’s mum is originally from. Tiger has identified as Caucasian, Black, American Indian, Asian, or Cablinasian. In honor of Colonel Vuong Dang Phong, a friend of his father’s who had also gone by the moniker “Tiger,” he was named Tiger.
In Orange County, California, Woods was raised. Woods’ father, Earl Woods, taught him golf before he turned two. Earl played golf as a hobby with a single-digit handicap.
At Kansas State University, he was one of the first African Americans to play baseball in college.
What Is Tiger Woods’s Net Worth And Career Earnings?
American professional golfer Tiger Woods has an estimated net worth of $800 million. Tiger makes $50–60 million annually. For instance, he made $63 million from his many efforts between June 2019 and June 2020.
Tiger has earned more than $1.7 billion since going pro in 1996. His career earnings easily surpass $2 billion after accounting for inflation. He is the highest-paid golfer in history and once held the title of the highest-paid personality on earth.
There are too many honors for him to mention all, but a few standouts are five Masters victories, 81 PGA Tour victories, 81 wins on the PGA Tour, and 15 professional major event victories.
He has held the top spot more often than any other player for a straight week. He has the all-time lowest scoring average. He has won the PGA Player of the Year award 11 times, Sportsman of the Year from Sports Illustrated twice, and AP Male Athlete four times.
One of the best golfers of all time, Woods is also one of the most well-known athletes in history. In 2021, he will be admitted to the World Golf Hall of Fame.
Long before anyone else, Tiger Woods was the man. He conquered golf under his father’s instruction and yet managed to make it seem cool.
It’s not that golf isn’t intrinsically excellent; it’s just that awesome is a term you wouldn’t typically choose to describe. When Tiger was competing, the sport somehow had a really great vibe.
At the age of 2, he started playing, and by the time he was seven, he was frequently featured on golf-related television shows and specials.
He continued to play throughout high school and college, and by the time he turned professional in 1996, everyone was confident he would soon establish himself as the player to beat.
He won everything for the following ten years, including ten PGA Player of the Year Awards. He held the top spot in the world for a record 264 weeks in a row between 1999 and 2004, then another 281 weeks between 2005 and 2010.
His personal life, however, completely collapsed. After the passing of his father in 2006, it appeared as though a feral cat had been set loose from a bag.
He was able to ruin his marriage and family, lose a ton of endorsement deals, and generally disintegrate over the course of the following few years.
Although pardon the pun, his golf game was still on par, his reputation took a hit, and has never fully recovered. He seemed to have recently somewhat gotten back on track, but only time will tell.
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Tiger Woods Net Worth – How It Breaks Down
The first money Tiger makes is through winning competitions and giving product endorsements. Tiger has made $118 million from golf (including $2.07 million from the 2019 Masters) since turning pro in 1996.
That represents 7.6% of his overall career earnings up to this point. Like other powerful athletes like Lebron James and Michael Jordan, the Tigers’ primary source of income is endorsements.
His endorsement deals with companies like 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, Buick account for about 92.4% of his total career earnings, or about $1.6 billion.
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For Woods, Gatorade created a specially branded beverage called “Gatorade Tiger.” Over a five-year period, the Gatorade partnership alone was worth $100 million.
Tiger Woods and fellow superstars Roger Federer and Thierry Henry used to receive $20 million a year for endorsing Gillette. Tiger can get up to $1.5 million for attending a golf tournament and is paid $10 million to develop golf courses worldwide.
How Long Did It Take Tiger To Earn $100 Million?
On August 29, 1996, Tiger made his professional golf debut. 228 days later, on April 13, 1997, he won The Masters. The 21-year-old secured 5-year deals worth $20 million with Titleist and $40 million with Nike after winning The Masters.
A little over a month later, on May 20, 1997, Tiger signed a five-year, $30 million contract with American Express. He did this the day after winning the Byron Nelson Classic, the first competition he played in after becoming the youngest player to win The Masters. H
is career earnings reached $100 million thanks to the American Express partnership, and his victories with Nike, Titleist, tournaments, and other sources?
In other words, Tiger earned $100 million in just 264 days after becoming a professional. LeBron James‘ initial Nike contract, signed in 2003, had a seven-year value of $90 million.
Tiger inked his second Nike sponsorship contract in September 2000. The price of this agreement was $100 million spread over 5 years ($20 million annually).
In other words, Tiger made $140 million from Nike alone between 1997 and 2005. He made over $200 million from all his deals throughout those seven years.
How Much Property Did Tiger Woods Have?
Following his divorce from Elin, Tiger built a sizable new estate with a seaside location on 12 acres in Jupiter, Florida. The house’s estimated value at completion was $60 million. The property might be worth between $75 and $100 million now.
A practicing golf course, an oxygen therapy facility, and at least four swimming pools are all present on the property. The vast complex includes a diving pool, a lap pool, a kid’s pool, a reflection pool, and a water feature.
- Tiger owns a $25 million yacht that he named “Privacy.” He sometimes sleeps on the yacht during tournaments that are near water.
- His PGA tour Pension plan is worth at least $20 million.
- He owns a $54 million Gulfstream G550 private jet. The only time Tiger has flown commercially in the last 15 years was in January 2017 when he traveled from Los Angeles to Dubai.
- The previously mentioned 12-acre ocean-front property in Jupiter, Florida is worth at least $75 million
- In the wake of the 2009 financial crisis and his career slowdown, Tiger launched a course design business. He has designed courses worldwide with plenty of work on his plate.
Tiger Woods Career Earnings Year By Year
- 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
Tiger Woods Net Worth Milestones
- 1995: $10,000 (before turning pro)
- 1997: $7 million (signs first deals with Nike and Titleist)
- 1999: $40 million
- 2001: $50 million
- 2003: $100 million
- 2005: $250 million
- 2009: $500 million (career 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 person of color in the United States behind Oprah Winfrey who was worth $2.5 billion at the time.
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For almost 4 years, Jason Martin has been a freelance writer for newspapers, journals, blogs, books, and online material. He covers the most recent news as well as many other topics.