Tiger Woods Net Worth: Get the Latest Income of This Hokey Player

Eldrick Tont “Tiger” Woods was born in Cypress, California on December 30, 1975. He's their only son. Earl Jr. and Kevin are half-brothers from his father's first marriage, as is Royce. Tiger's mother is Thai. It is a mix of Caucasian, African American Indian and Asian ancestry.

Tiger was called after his father's friend Colonel Vuong Dang Phong. Woods is from Orange County. Earl Woods, Woods' father, introduced him to golf when he was two. Earl was a low handicap golfer. He was also one of Kansas State's first African-American college baseball players.

A Career in Amateur Sports and College

Tiger put against Bob Hope on “The Mike Douglas Show” in 1978. At three, he had a 48 over nine. He was five when he made “Golf Digest” and “That's Incredible!” When Tiger was six, he won the Drive, Pitch, and Putt tournament at the Navy Golf Course in Cypress, California. At the age of eight, he won the 9–10 boys' event at the Junior World Golf Championships. That same year he turned 80. Four years in a row from 1988 to 1991, Tiger won the Junior Worlds six times.

Early Life of Tiger Woods

Woods beat his father when he was 11 and Earl was determined to win. Earl lost to Tiger ever since. Woods won the U.S. Junior Amateur at the age of 15, a record he held until 2010. Amateur Player of the Year in Southern California in 1990 and 1991. “Golf Digest” Junior Amateur Player of the Year 1991.

Woods became the first two-time winner of the U.S. Junior Amateur Championship in 1992. He made his PGA Tour debut in the Nissan Los Angeles Open that year. Amateur Player of the Year in 1992, Golf World Player of the Year, and Golfweek National Amateur of the Year.

Woods won the U.S. Junior Amateur Championship for the third time in 2004. He won the US Amateur Championship in 1994, a record he retained until 2008. He won the Eisenhower Trophy World Amateur Golf Team Championships in 1994. Woods graduated from high school in 1994 and was named the class's “Most Likely to Succeed.”

tiger woods net worth

Big-time college golf powers swooped in on Woods. He chose Stanford University, the 1994 NCAA winners. In September 1994, he won his first collegiate event, the 40th Annual William H. Tucker Invitational. For his efforts, he was named 1995 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).

A 19-year-old Woods made his PGA Tour debut at the 1995 Masters when he tied for 41st place as the only amateur to make the cut. With his third consecutive U.S. Amateur title in 1996, he also won the NCAA individual golf championship. He dropped out of college after two years to pursue golf.

How much money does Tiger Woods make?

Tiger Woods is an American golfer with an $800 million net worth. Tiger makes $50-60 million annually. For example, he made $63 million between June 2019 and June 2020. Tiger Woods has earned over $1.5 billion since 1996. After inflation, that's roughly $1.8 billion. He is the highest-paid golfer of all time and was for many years the highest-paid celebrity.

He has won 15 professional major tournaments, 81 PGA Tour wins, 41 European Tour wins, and five Masters. He has been ranked #1 for the longest period of time. His scoring average is the lowest ever. 11 times PGA Player of the Year, twice Sportsman of the Year, 4 times AP Male Athlete of the Year. Woods is one of the best golfers and sportsmen of all time. He'll be inducted in 2021.

The career of Tiger Woods

Woods turned pro in August 1996 at the age of 20 and instantly landed lucrative endorsement deals with Nike and Titleist. Woods was selected “Sportsman of the Year” and “PGA Tour Rookie of the Year” by SI. On April 13, 1997, he won his first major, the Masters, by 12 shots, becoming the tournament's youngest victor at 21.

Two months later, he broke the record for the fastest rise to No. 1 in the OWR. After a disappointing 1998, Woods won eight times in 1999, including the PGA Championship. From 2000 through 2010, Woods dominated golf. From August 1999 to September 2004 (264 weeks) and again from June 2005 to October 2010 (281 weeks). He won 13 major championships during this time.

Woods' next decade was marred by personal and professional challenges. Woods dropped to No. 58 in November 2011 before returning to No. 1 in March and May of 2014. Between 2014 and 2017, he had four back surgeries due to injuries. Between August 2015 and January 2018, Woods played in only one tournament and fell out of the top 1,000 players.

Woods won his first tournament in five years at the Tour Championship in September 2018 and his first major in 11 years at the 2019 Masters. Woods held many golf records. He has been the world's number one player for the most weeks in a row and the most weeks overall. Awarded PGA Player of the Year 11 times and the Byron Nelson Award for lowest adjusted score average 8 times. Woods has led the money list ten times.

He has 15 major championships and 82 PGA Tour wins. Woods has the most major and PGA Tour wins of any active golfer. He is the second golfer (after Jack Nicklaus) to have achieved a career in Grand Slam three times. Woods has 18 WGC victories. He was on the American Ryder Cup-winning squad in 1999. In May 2019, Woods became the fourth golfer to earn the Presidential Medal of Freedom.

The personality of Tiger Woods

During the 2001 Open Championship, Woods met Elin Nordegren, a Swedish former model and daughter of former minister of migration Barbro Holmberg and radio journalist Thomas Nordegren. Jesper Parnevik, a Swedish golfer, hired her. It all started when they got engaged in November 2003 and married on October 5, 2004, at the Sandy Lane resort in Barbados.

Sam Alexis Woods, born in 2007, was Woods and Nordegren's first child. Woods chose the name Sam after his own father. In 2009, Charlie Axel Woods was born.

tiger woods net worth

He took a break from golf from December 2009 to early April 2010 to work on his marriage with Elin. Their marriage ended when Woods confessed to several infidelities. On March 18, 2013, Woods revealed he was dating Olympic gold medalist Lindsey Vonn. They broke up in May. Woods dated stylist Kristin Smith from November 2016 to August 2017.

Woods confirmed his relationship with restaurant manager Erica Herman in November 2017 after a month of rumours. The Jupiter Police Department arrested Woods for DUI on May 29, 2017, at 3:00 a.m. EDT near his Jupiter Island, Florida home. He was sleeping in his automobile, which was parked in a traffic lane.

He eventually admitted to using prescription medicines without knowing how they might mix. On July 3, 2017, Woods tweeted that he had completed an unidentified out-of-state intense programme. Woods entered a not guilty plea on August 9, 2017, and agreed to complete a first-time DUI offender programme and return to court on October 25.

Woods pled guilty to careless driving on October 27, 2017. He was sentenced to a year of probation, a $250 fine, 50 hours of community service, and random drug testing. He couldn't drink throughout probation and was fined $500 if he broke it.

Tiger Woods Net Worth: An Overview

Tiger earns money by winning events and promoting products. Tiger Woods has made $118 million since going pro in 1996 (including $2.07 million at the 2019 Masters). That's 7.6% of his overall career earnings. Like Michael Jordan and Lebron James, Tiger Woods' money is mostly based on endorsements.

Nike, Gatorade, American Express, Asahi, General Mills (Wheaties), Golf Digest, Rolex, Gillette, Accenture, Tag Heuer, AT&T, EA Sports, NetJets, Upper Deck, TLC Laser Eye Centers, and Buick have all paid him millions of dollars to endorse their products. Gatorade created a drink named “Gatorade Tiger” for Woods.

It was worth $100 million over 5 years. Tiger Woods, Roger Federer, and Thierry Henry used to earn $20 million a year promoting Gillette. Tiger may make up to $1.5 million just by attending a golf tournament and designing golf courses throughout the world.

How Long Did Tiger Take To Earn $100M?

Tiger debuted as a pro on August 29, 1996. On April 13, 1997, he won The Masters's. After the Masters, the 21-year-old signed 5-year $40 million deals with Nike and Titleist. On May 20, 1997, Tiger signed a 5-year $30 million deal with American Express, a day after winning the Byron Nelson Classic (his first tournament following winning The Masters).

A combination of his Nike, Titleist and tournament win increased his total earnings to $100 million. Tiger earned $100 million in just 8 months (264 days) after starting pro. LeBron James' initial Nike contract, inked in 2003, was worth $90 million over seven years.

Tiger signed his second Nike contract in September 2000. Each year, the arrangement was worth $20 million. Tiger made $140 million from Nike alone between 1997 and 2005. During that seven-year period, he probably earned about $200 million.

tiger woods net worth

Other Assets of Tiger Woods

His $25 million boats is titled “Privacy”. During tournaments on the water, he sleeps aboard the yacht. It's worth at least $20 million. His Gulfstream G550 costs $54 million. Tiger has only travelled commercially once in the last 15 years, from Los Angeles to Dubai in January 2017.

His 12-acre oceanfront Jupiter, Florida property is worth at least $55 million. Tiger began a course design firm after the 2009 financial crisis and his professional slump. He has designed courses all throughout the world.

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