Tiger Woods is a professional golfer from the United States with an estimated net worth of $800 million. Tiger gets between $50 and $60 million each year. For instance, he made $63 million between June 2019 and June 2020 from his many enterprises. Tiger Woods’ career earnings total more than $1.5 billion since he turned professional in 1996.
That equates to around $1.8 billion when adjusted for inflation. He is the highest-paid golfer of all time and was for many years the highest-paid personality on the planet.
The list of his accomplishments is far too lengthy to detail, but some highlights include 15 professional major event victories, 81 PGA Tour victories, 41 European Tour victories, and five Masters victories. He has been ranked number one for the most consecutive weeks of any golfer. He has the all-time lowest scoring average.
He has been named 11 times PGA Player of the Year, twice Sports Illustrated Sportsman of the Year, and four times AP Male Athlete of the Year. Woods is widely considered one of the greatest golfers of all time, as well as one of the world’s most famous athletes. In 2021, he’ll be enshrined in the World Golf Hall of Fame.
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Childhood
Eldrick Tont “Tiger” Woods was born in Cypress, California, on December 30, 1975, to Earl and Tida Woods. He is their sole offspring. From his father’s first marriage, he has two half-brothers, Earl Jr. and Kevin, and a half-sister, Royce. Tiger’s mother is Thai. Tiger has described himself as Cablinasian – a combination of Caucasian, Black, American Indian, and Asian ancestry.
He was given the moniker Tiger in honor of Colonel Vuong Dang Phong, a friend of his father’s who was also known as Tiger. Woods was born and raised in Orange County, California. Woods was exposed to golf by his father Earl Woods before he turned two years old. Earl was an amateur golfer with a single-digit handicap. He was also one of Kansas State University’s first African-American college baseball players.
Private Life
Woods met Elin Nordegren, a former model from Sweden and the daughter of former Swedish minister of migration Barbro Holmberg and radio journalist Thomas Nordegren, at the 2001 Open Championship. Jesper Parnevik, a Swedish golfer, hired her as an au pair. They were engaged in November 2003 and married on October 5, 2004, at Barbados’ Sandy Lane resort.
They resided in Isleworth, a subdivision in Windermere, a suburb of Orlando, Florida. Woods and Nordegren welcomed their first child, a girl named Sam Alexis Woods, in 2007. Woods selected the name Sam because his father always referred to him as Sam. Charlie Axel Woods, their son, was born in 2009.
From December 2009 until early April 2010, he took a self-imposed vacation from professional golf in an attempt to resolve marital troubles with his then-wife, Elin. Woods confessed to many affairs, and the pair split on August 23, 2010.
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On March 18, 2013, Woods disclosed his relationship with Olympic gold medalist Lindsey Vonn. They divorced in May 2015. Woods was in a relationship with stylist Kristin Smith from November 2016 to August 2017. Woods started in November 2017 that he was dating restaurant manager Erica Herman, following months of rumors about their relationship.
On May 29, 2017, Woods was arrested by the Jupiter Police Department near his Jupiter Island, Florida, home at approximately 3:00 a.m. EDT for driving under the influence of alcohol or drugs. He was dozing in his automobile, which was parked in the middle of a traffic lane with the engine running.
He later indicated that he had taken prescription medications and was unaware of their potential interaction. On July 3, 2017, Woods announced through Twitter that he had completed an extensive out-of-state program to address an unidentified condition. At his August 9, 2017 appearance,
Woods requested that his counsel Douglas Duncan enter a not guilty plea on his behalf and agreed to participate in a first-time DUI offender program and return to court on October 25. On October 27, 2017, Woods pled guilty to careless driving during a hearing. He was sentenced to a year of probation, a $250 fine, and 50 hours of community service in addition to regular drug testing. He was not permitted to consume alcohol during his probation and was sentenced to 90 days in jail and a $500 fine if he breached the probation.
Careers in Amateur and College
Tiger squared off against comedian Bob Hope during a 1978 television appearance on “The Mike Douglas Show.” He shot a 48 over nine holes when he was three years old. He made his television debut at the age of five, appearing in “Golf Digest” and on ABC’s “That’s Incredible!” Tiger won the Under Age 10 segment of the Drive, Pitch, and Putt competition when he was six years old.
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The competition was held at the Navy Golf Course in Cypress, California. He won the 9–10 boys’ event at the Junior World Golf Championships when he was eight years old, the youngest age group available. That same year, he became the first person to reach the age of 80. Tiger won the Junior World Championships six times, most recently in four years between 1988 and 1991.
Woods defeated his father for the first time when he was 11, and Earl was determined to win that game. Earl was defeated by Tiger on every subsequent occasion. Woods was a 15-year-old student at Anaheim’s Western High School when he won the US Junior Amateur at the age of 15, a record that stood until 2010. In 1990 and 1991, he was voted Southern California Amateur Player of the Year.
He was named the 1991 Junior Amateur Player of the Year by “Golf Digest.” When he successfully defended his championship in 1992, Woods became the first two-time winner of the United States Junior Amateur Championship. That same year, he competed in his first PGA Tour tournament, the Nissan Los Angeles Open. He was selected Amateur Player of the Year by “Golf Digest” in 1992, Golf World Player of the Year in 1993, and National Amateur Player of the Year by “Golfweek” in 1994.
Woods won his third consecutive US Junior Amateur Championship the following year; he remains the event’s only three-time winner. In 1994, he became the US Amateur Championship’s youngest winner, a record he kept until 2008. He was a member of the 1994 Eisenhower Trophy World Amateur Golf Team Championships winning American team. Woods graduated from high school in 1994 and was voted the class’s “Most Likely to Succeed.”
Woods was aggressively sought by the nation’s most prestigious college golf programs. He chose to attend Stanford University, the defending NCAA champions in 1994. In September 1994, he enrolled at Stanford and won his first collegiate event, the 40th Annual William H. Tucker Invitational. In 1995, at the Newport Country Club in Rhode Island, he successfully defended his US Amateur title and was named Pac-10 Player of the Year, NCAA First Team All-American, and Stanford’s Male Freshman of the Year (an award that encompasses all sports).
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At the age of 19, Woods competed in his first PGA Tour major, the 1995 Masters, and tied for 41st as the only amateur to cut; two years later, he won by 12 shots. He became the first golfer to win three consecutive US Amateur titles and won the NCAA individual golf championship at the age of 20 in 1996. He dropped out of college after two years to pursue a career in golf.
Career Progression
Woods became professional in August 1996, at the age of 20, and instantly signed advertising deals with Nike and Titleist, which at the time were the most lucrative endorsement deals in golf history. Woods was selected 1996 Sportsman of the Year and Rookie of the Year on the PGA Tour by “Sports Illustrated.” He won his first major, the Masters, on April 13, 1997, by 12 shots in a record-breaking performance, becoming the tournament’s youngest winner at the age of 21.
Two months later, he set a new record for the quickest ascension to the top spot in the Official World Golf Rankings. Woods won eight times in 1999, including the PGA Championship, following a dismal 1998.
Between 2000 and 2010, Woods dominated the sport of golf. From August 1999 to September 2004 (264 weeks), and then again from June 2005 to October 2010, he was the world’s top-ranked golfer (281 weeks). He won 13 major championships throughout this period.
Woods’ career continued to be defined by comebacks from personal difficulties and injuries during the next decade. Woods was ranked 58th in the world in November 2011 before reclaiming the top spot between March 2013 and May 2014. However, between 2014 and 2017, ailments necessitated four back surgery.
Between August 2015 and January 2018, Woods competed in just one tournament and plummeted out of the top 1,000 golfers in the world. Woods steadily ascended to the top of the game following his comeback to regular play, winning his first tournament in five years at the Tour Championship in September 2018 and his first major championship in 11 years at the 2019 Masters.
Woods held several golf records during his career. He has the most consecutive weeks as the world’s number one player and the most total weeks of any golfer in history. He has been named PGA Player of the Year an unprecedented 11 times and has won the Byron Nelson Award eight times for having the lowest adjusted scoring average.
Woods has won the money list eleven times in his career. He has won 15 major championships in professional golf and 82 PGA Tour events. Woods has the most major championship victories and PGA Tour victories of any active player. He is the youngest player to complete the career Grand Slam and only the second golfer (after Jack Nicklaus) to do so three times. World Golf Championships: Woods has won 18 of them. Additionally, he was a member of the 1999 Ryder Cup-winning American team. Woods was the fourth golfer to earn the Presidential Medal of Freedom in May 2019.
Elin Nordegren’s Marriage And Divorce Settlement
In 2004, Tiger Woods married Elin Nordegren. Woods and Nordegren welcomed their first child, Sam Alexis Woods, in 2007, and their second child, Charlie Axel Woods, in 2009. Tiger’s adultery scandal shocked the pair in 2009 and ultimately ended their marriage.
Tiger’s game and ties with sponsors have suffered as a result of the scandal surrounding his divorce from Elin Nordegren, costing him millions in potential earnings. Additionally, he compensated Elin with $100 million in assets, including cash and real properties.
How Much Time Did Tiger Spend Earning $100 Million?
On August 29, 1996, Tiger made his professional golf debut. On April 13, 1997, 228 days later, he won The Masters’s. The 21-year-old inked a five-year $40 million deal with Nike and a five-year $20 million deal with Titleist following his victory at The Masters.
Tiger signed a five-year $30 million deal with American Express a month later, on May 20, 1997, a day after winning the Byron Nelson Classic (the first tournament he joined after becoming the youngest player to win The Masters). When combined with his Nike, Titleist, and tournament earnings, the American Express agreement increased his lifetime earnings to $100 million.
In other words, Tiger earned $100 million in just 8 months (264 days) after being professional. By comparison, LeBron James’ initial Nike contract, inked in 2003, was worth $90 million over seven years.
Tiger signed his second Nike sponsorship agreement in September 2000. This transaction was valued at $100 million over five years ($20 million per year). In other words, Tiger made $140 million from Nike alone between 1997 and 2005. He probably gained somewhat more than $200 million from all transactions throughout those seven years.
Tiger Woods’s Net Worth Is Unknown.
Woods has accumulated riches mostly from golf victories, such as the $2.07 million he won at the 2019 Masters. He has, nonetheless, earned a sizable sum of money from sponsorships and endorsements.
Woods’ rumored $50 million salaries are merely a starting point since he earned $63 million in sponsorship revenue over 12 months in 2019/20. He makes $10 million by assisting in the design of golf courses throughout the world and can earn up to $1.5 million by simply competing in golf tournaments.
Tiger Woods Has several Sponsorships.
Woods is sponsored by Nike and inked a five-year deal for $40 million. He signed another $100 million deal with the sportswear business in 2001 and another worth up to $40 million per year for eight years with the company in 2006.
His contract was extended in 2013, however, some aspects were reduced, and it was valued at $200 million. TaylorMade, Monster, GOLF TV, Bridgestone, Kowa, Hero, Upper Deck, Full Swing Simulators, and Centinel Spine are among his many endorsements and sponsors.
Additionally, Gatorade once created a unique drink called the “Gatorade Tiger” that earned him $100 million over five years, and a Gillette sponsorship got him another $20 million.
How Much Does Tiger Woods Make a Year?
Tiger Woods Net Worth
Tiger Woods is anticipated to have a net worth of approximately $800 million by 2022 as a result of his accomplishments on and off the golf course. A year after sustaining injuries in a vehicle accident that sidelined him for nearly a year, his annual pay remains an astounding $50 million.