What is Tiger Woods's Net Worth in 2024
What is Tiger Woods's Net Worth in 2024
By Indra Gunawan February 12, 2024 22:48
In 2024, Tiger Woods is widely regarded as one of the greatest golfers of all time and one of the most famous athletes in modern history. His net worth is a subject of immense interest, as he has amassed a substantial fortune from his illustrious career as a professional golfer and through lucrative endorsement deals with major brands such as Nike, Gatorade, Rolex, and Monster Energy. Let's delve into the details of Tiger Woods' net worth in 2024, including his career earnings and the various sources contributing to his impressive wealth.
Tiger Woods' Career Earnings and Net Worth
- Tiger Woods' net worth is estimated at $1.1 billion as of January 2024, according to Forbes. This makes him one of the few billionaire athletes in the world.
- Throughout his 27-year career as a professional golfer, Woods has earned approximately $1.8 billion.
- Despite a severely limited playing schedule, Woods reportedly ranks second when it comes to the highest-paid athletes of all time, with about $75 million of his career net worth coming from endorsements.
- Woods has also earned a record-setting $121 million in prize money from PGA tours.
- His net worth is further solidified by his ownership of an array of businesses, including a golf design firm, live events production company, a restaurant, and an indoor golf league.
Sources of Wealth
Tiger Woods' impressive net worth is attributed to various sources of income, including:
- Golf Winnings: Despite less than 10% of his career earnings and net worth coming from golf winnings, Woods has accumulated more than $120 million in PGA Tour career earnings.
- Endorsement Deals: A large portion of Woods' fortune has come from endorsement deals with major brands such as Nike, Gatorade, Rolex, and Monster Energy. Notably, Woods' 27-year partnership with Nike, believed to have been worth up to $500 million, ended in January 2024.
- Business Ventures: Woods has ventured into an array of businesses, including TGR Design (a golf design firm), TGR Live (a live events production company), and a restaurant called The Woods. He has also launched an indoor golf league, TGL, in partnership with Rory McIlroy and the PGA Tour.
Notable Business Ventures
- In 2022, Woods and fellow pro golfer Rory McIlroy launched TMRW Sports, a tech company focused on sports, media, and entertainment.
- Woods also owns a restaurant called The Woods on Jupiter Island in Florida, one of the wealthiest neighborhoods in the nation.
- His businesses extend to golf-related ventures, including a golf course design firm, TGR Design, and an indoor mini-golf chain, Popstroke, which has nine locations across Florida, Arizona, and Texas, with plans to open more sites in 2024 and 2025.
Comparison to Other Athletes
- Woods' net worth of $1.1 billion places him among the top-earning athletes of all time, ranking second only to NBA legend Michael Jordan on the all-time list of highest-paid athletes.
- According to Sportico, three golfers make the top five on the list of highest-paid athletes, with four in the top 10.
Tiger Woods' net worth in 2024 stands at an impressive $1.1 billion, solidifying his position as one of the wealthiest athletes in the world. His remarkable career as a professional golfer, combined with astute business ventures and lucrative endorsement deals, has propelled him to the upper echelons of global sports wealth. Despite facing challenges such as a limited playing schedule and injury setbacks, Woods continues to be a dominant force in the world of sports and entertainment, cementing his legacy as one of the most iconic figures in the history of golf.