How Tiger Woods’ net worth was built
Tiger Woods began his golf career in the public eye at age 2, when he showed off his swing during a segment on TV’s “The Mike Douglas Show” that also featured Hollywood legends Bob Hope and Jimmy Stewart.
Woods became a professional golfer in 1996 and has become one of the sport’s most famous players. In addition to his golf winnings, he has landed several high-paying endorsement deals. Forbes reports that sponsorships are now responsible for the vast majority of Woods’ annual income and earned him $45 million during the 12 months that ended in June 2016. His net worth stood at $740 million as of May 2017, according to Celebrity Net Worth.
- Born: 1975
- Birthplace: Cypress, California
What he’s up to now
Woods has had some tough times playing golf in the past several years, mostly because of back and neck injuries. His personal difficulties away from his sport have included a recent arrest on suspicion of driving under the influence when police in Jupiter, Florida, reported they found him asleep at the wheel.There was no immediate impact on his endorsements.
He has been able to remain an active part of the golf world by designing golf courses in Cabo San Lucas and Houston, as well as in other parts of the world. His endorsement deals also keep him busy. And he has established the Tiger Woods Foundation, whose goal is to provide low-income students with support and opportunities that will enable them to succeed in school, college and life.
Widely recognized as one of the greatest golfers of all time, Woods has won a staggering 14 major golf championships and 79 PGA tours. In 2009, he became the first athlete to reach $1 billion in career earnings, according to Forbes.
Woods may be a wealthy man, but check out how his net worth pales next to that of another sports superstar, retired NBA great Michael Jordan.
(Credit to Bankrate)