The feat was achieved regardless of Woods reportedly turning down a mammoth proposal from the Saudi-backed LIV Golf League
Golf icon Tiger Woods has joined basketball legends Michael Jordan and LeBron James by turning into the third athlete in historical past to surpass internet price of at the very least $1 billion, in keeping with Forbes.
The finance journal estimated that LA Lakers star James had hit the edge final week with earnings of $121.1 million over the previous 12 months.
Based on the US publication, 46-year-old Woods has raked in over $1.7 billion over his 27-year profession, which is greater than anybody Forbes has tracked on the earth of sports activities, permitting them to conclude that Woods has a internet price of at the very least $1 billion.
Forbes additionally claimed that lower than 10% of Woods’ internet price has come from what he has earned on the golf course whereas profitable 15 main championships.
Elsewhere, he has profitable sponsorship offers with the likes of Nike, who he has been with since 1996, Gatorade, Monster Power, and TaylorMade – which have all boosted his financial institution stability.
Woods has scooped $68 million in off-course revenue during the last 12 months, Forbes stated. And despite the fact that he has solely performed at The Masters and within the PGA Championship just lately, and didn’t take part in any tournaments in any respect in 2021 whereas recovering from a brutal automobile accident, that determine alone would make him the world’s 14th-highest-paid athlete.
In Forbes’ most up-to-date checklist in that respect, footballer Lionel Messi reclaimed prime spot from Conor McGregor, who dropped outdoors the highest 10.
In second was James, and identical to his fellow Nike-sponsored star, Woods’ pursuits transcend his chosen sport.
Moving into possession and course design, Woods has additionally invested in PopStroke which is a luxurious minigolf outfit with a number of places round Florida.
Regardless of a collection of scandals comparable to the invention of infidelity with ex-wife Elin Nordegren and a ensuing Thanksgiving automobile crash in 2009 that noticed Buick and an inventory of different sponsors drop him, Woods has managed to stay certainly one of sport’s most bankable stars.
Moreover, he has additionally managed to turn out to be a billionaire regardless of rebuffing the advances of the Saudi-backed LIV Tremendous Golf League.
Based on LIV CEO Greg Norman through The Washington Put up, Woods turned down a “mind-blowingly huge” provide from the breakaway group that was in “the excessive 9 digits”.
Quickly following in Woods’ footsteps might be 13-year-old son Charlie, who’s being tipped as a future prodigy after impressing on the PNC Championship in a father and son duo with Woods after they completed second behind John Daly and John Daly III late final yr.