GOLF

How did Tiger Woods make his fortune on the golf course?

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Tiger Woods has been a professional golfer since 1996 and has enjoyed enormous success – reaching over $1 billion in net worth – thanks to his many major wins and endorsement deals. Along with his success, he also struggled, including numerous serious injuries and an explosive public cheating scandal with his now ex-wife, Elin Nordegren. Numerous books and films have been made about the world-renowned golfer, including a two-part 2021 HBO documentary titled “Tiger” which explores Woods’ life on and off the course.

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Why is Tiger Woods the most famous?

Woods is known for his many victories in the professional golf world and the multitude of accolades he received during his time with the pros. He began his professional golf career in 1996 and has won 107 world championships and 15 major championships. He has a total of 82 PGA Tour wins, which ties him with Sam Snead for the most wins in history. Woods has won five Masters victories, four PGA Championship victories, three US Open Championship victories and won three British Open Championships. He is also the first golfer in history to hold four professional championship titles at the same time and was the youngest golfer to win the Masters at 21.

Although Woods has been playing golf professionally since 1996, he has had to take time off throughout his career due to the numerous injuries he has suffered. He underwent various knee surgeries and back issues, resulting in five back surgeries. His most recent and damaging injuries came in February 2021 when he had a single car accident in California where the car rolled multiple times with Woods inside, leaving him with a rod in his right leg and screws and pins in his right foot and ankle. .

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Woods started playing golf professionally in 1996.
(Oisin Keniry/Getty Images)

How did Tiger Woods get so rich?

Woods has banked over a billion dollars, making him one of the richest athletes in the world. He started making millions very soon after becoming a professional golfer. He signed his first contract with Nike in 1996 once he turned pro on a 5-year, $40 million deal and signed a 5-year, $20 million deal with Titleist. His contract with Nike will remain with him throughout his career. He still works with the brand today and continues to earn millions from this partnership.

Woods also makes money supporting brands like Hero Motocorp, Bridgestone, Rolex, AT&T, American Express and Monster Energy. He has worked with Gatorade in the past, where they created a custom drink called Gatorade Tiger. This agreement brought him 100 million dollars in 5 years. He also won $20 million for endorsing Gillette.

Woods is paid millions in prize money for every tournament he wins. He also owns a golf course design company called TGR Design, owns TGR Live which manages and produces events, and The Woods, a restaurant located in Jupiter, Florida.

Woods has surpassed $1 billion in lifetime earnings from winnings, long-term and short-term endorsement deals, and businesses he has created.

Woods has surpassed $1 billion in lifetime earnings from winnings, long-term and short-term endorsement deals, and businesses he has created.
(Sam Greenwood/Getty Images)

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Along with his wealth, Woods made many very luxurious purchases, including a $20 million yacht, which he named Privacy, a $63 million Gulfstream G550 jet, and a multi-million dollar house on Jupiter Island, in Florida.

Is Tiger Woods part of Nike?

Woods has a partnership with Nike and has had virtually his entire professional career. There was brief speculation that Woods may no longer be associated with the brand after wearing FootJoy shoes during a practice round ahead of the Masters at Augusta National Golf Club in April 2022. was quick to say that the reason for the shoe change was because of the reduced mobility he now has due to his leg injury. Nike also released a statement indicating that they would continue to work with the athlete and his new needs.

Is Tiger Woods an only child?

Woods is the only child of his parents Earl and Kultida Woods, but he has half-siblings. His father had three children from his first marriage, Earl Jr. Kevin and Royce.

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Woods had three caddies during his long golf career.  His caddie earns a percentage of his earnings in addition to his base salary.

Woods had three caddies during his long golf career. His caddie earns a percentage of his earnings in addition to his base salary.
(Andrew Redington/Getty Images)

How much does the Tiger Woods cart earn?

Even though Woods had an extremely long career, Woods only had three cadets. His very first was Mike “Fluff” Cowan who started working with Woods early in his professional career in 1996. The couple broke up in 1999. Woods then worked with Steve Williams who caddyed for him from 1999 to 2011. After William, Joe LaCava became caddy Woods.

Typically, caddies earn around $1,500 to $3,000 each week plus a percentage of the golfers’ earnings, which is usually around 5% to 10%. Since Woods earns millions of dollars in prize money, it’s safe to assume that his caddies may also earn millions themselves over time working with Woods.

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