Exploring Tiger Woods’ Net Worth in 2024: Is He Still the Wealthiest Professional Golfer?
Tiger Woods, famously known as “The Man,” “The Myth” and the ultimate golfing legend, is renowned for his astounding skills on the green. With 82 PGA Tour wins and a whopping 15 majors – he has undoubtedly proved to be one of the greatest golfers ever witnessed by mankind! However, holding numerous titles like these aren’t just limited to accolades; Tiger’s achievements go beyond that – He’s now also officially crowned as history’s first-ever billionaire golfer!
According to Forbes, Woods’ net worth reached a staggering $1.3 billion in 2024. Throughout his career on the PGA Tour, he has earned an impressive sum of $120,999,166 from prize money alone – making him the highest earner ever on the tour’s list. In 2022, when Forbes announced that his fortune had officially surpassed a billion dollars alongside LeBron James’, it was quite mind-blowing news itself; however there’s more – even after turning down LIV Golf’s tempting offer (which is rumored to have been around $700 million), Woods still remains as golf’s richest player.
It may come as a surprise, but Woods earns less than 10% of his income from winning golf tournaments. Rather, most of his career earnings originate from sponsorships and endorsements. In 2024, the fifteen-time major champion is sponsored by Gatorade, TaylorMade, and Rolex while Nike was previously one of his sponsors until early this year when he unexpectedly parted ways with the shoe brand that had offered him a $500 million deal.
Beyond his status as a golfing icon, Tiger Woods has proven himself to be an astute entrepreneur. Over the last two decades, he’s diversified his brand across multiple avenues – from philanthropic efforts and designing golf courses to launching restaurants, clothing lines and other ventures centered around the sport such as TGL and Popstroke. Through its founding in 1996 until now, The TGR Foundation has afforded youths opportunities for realizing their aspirations while hosting events such as Hero World Challenge alongside charity benefits like Tiger Jam aimed at fundraising for this charitable organization that is close to Wood’s heart.
In addition to being a celebrated golf player, Woods is also well-known for his prowess in designing golf courses. His company, TGR Designs, has worked on projects like El Cardonal located in Mexico and Bluejack National situated in Texas – ensuring that it has promising prospects ahead. In 2015, he opened The Woods Jupiter restaurant in Florida too. Recently though, he has ventured into new territory with initiatives such as partnering up with Rory McIlroy to launch the TGL league set to commence by January 2025; collaborating with Justin Timberlake for their brand called T-Squared; and getting criticism over Sun Day Red’s collaboration created alongside TaylorMade since its inception.
Tiger Woods has limitless potential for earning with these incredible business endeavors. Are you intrigued about the possibilities of his net worth soaring? Share your thoughts in the comments below!
As an author for EssentiallySports, Meenakshi Karn demonstrates a fervent interest in the LPGA and endeavors to uncover concealed information about players such as Elizabeth Szokol that she shares with her readers. Additionally, she exhibits exceptional aptitude creating analytic golf compositions where she delves into distinctive elements of various events and athletes.
