Tiger Woods net worth and prize money from golf

How rich is Tiger Woods?

With an estimated fortune of around 705 million euros , the American golfer Tiger Woods is   not only one of the richest athletes in the world, but also the second richest Afro-American in the USA and the highest-earning golfer of all time. This wealth came about primarily through golf, i.e. through prize money and exclusive advertising contracts from lucrative sponsors. However, the assets are not only made up of cash reserves, but also of tangible assets such as real estate and vehicles. To date, Tiger Woods has $124.73 million in prize money from  golf alone plays. Overall, he dominated golf for over 13 years as the world No. 1. Tiger is currently playing very successfully again after a long back injury. After a long break and several setbacks, he was able to win a golf tournament again in September 2018. In April 2019, the unbelievable major victory at “The Masters” followed.

The prize money won is only a fraction of Tiger Woods’ net worth. The advertising contracts and tournament entry fees are much higher. Nevertheless, he is the one who was able to win the most prize money in golf:

• PGA Tour: $120,660,780
• European Tour: 3,590,356 euros ($4,068,052)
• Total: $124,728,832

• Scandals

Unfortunately, things haven’t been running smoothly in private for a long time. On the one hand, the affair scandals, that was hardly forgotten, it was about drugs. He was arrested by the police in May 2017 for drunk driving. Overall, he is said to have been under the influence of five different drugs. Woods suffers from severe pain and trouble sleeping, so he took a pain-relieving supplement on an ongoing basis. The opioid called hydrocodone, better known by the product name Vicodin, was his daily companion. He also sought professional care to manage his drug use . With Tiger Woods, you never know what’s coming next. We can be curious to see which scandals he will make headlines again in the future.

Eldrick Tont Woods, known as Tiger Woods, was born on December 30, 1975 in Cyprus, California. Although professional athletes usually develop an interest and experience in the profession at a very early age, around the age of six or seven, Woods began playing golf as a child prodigy . It is reported that he was still wearing diapers and imitated his father when he played golf. This trait was to bring him fame very soon as he appeared in various television series as a toddler to amaze and amaze America with his very early affinity for golf.

It only got serious for Tiger Woods at the age of eight when he played his first tournament – ​​admittedly still in the amateur division. Nevertheless, it was an important milestone for the young Woods, as his game gave him the certainty that he really was an exceptional golfer. He won the Junior World Golf Championship, as it was officially called, six times in total and managed to defend his championship title three times in a row. This unusually high number of successes alone made him set a record. But more should follow. He won the World Golf Championship (which is now the adult amateur league) three times in a row, which no one else has managed to do before him.

Lucrative advertising deals for Tiger Woods

Woods originally intended to study economics, but things turned out differently. After a short interlude at Stanford University, he finally dropped out and decided in 1996 to pursue a professional career. It wasn’t difficult at all, as the world of professional golf had already taken notice of him. So he was able to start with a high market value right at the beginning of his career . Nike paid him an amount in the tens of millions for his first advertising contract with the sporting goods manufacturer.

He didn’t just sign endorsement deals with Nike. Gatorade developed a specialty drink for golfers, appropriately sold as the “Gatorade Tiger.” Tiger Woods was paid a whopping 70 million euros for the deal as the advertising face for it . He received 15 million euros from the contract with Gilette. Tiger also signed endorsement deals with other companies that continued to grow his fortune: Rolex, EA Sports, Asahi Golf Digest American Express, NetJets, Accenture, Tag Heuer….

The first career highlight was to come in 1997 when Woods won the Masters for the first time. At the same time, just a year after starting his professional career, he led the world rankings of the best golfers. The year 2000 was extremely successful for him, in which Woods won the US Open, The Open Championship and the PGA Championship. However, due to an injury and other factors, Woods had to make a swing change that initially caused him to lose his dominance. Nevertheless, from 2005 he managed to win tournaments again. The last major tournament won was the PGA Championship in 2007. After several accidents, private turmoil and dry spells in sport, Woods only managed to get his career back on the road to success in 2013. He again took 1st place in the world rankings through numerous won games and good placements in the tournaments. He was also represented in the Ryder Cup a total of 7 times in Team USA and competed against Europe, where he only won once with the USA (1999).

Tiger Woods ownership

Tiger Woods owns a sprawling luxury mansion in Orlando, Florida, which he bought for $40 million . In fact, the property is a building complex. It consists of several building parts that are practically built along a long pool. The property sits on an acre of land on which is Wood’s private four hole golf course. Of course, Woods uses this as a private practice area right in front of his own front door.

Like most professional athletes, Tiger Woods owns several exclusive vehicles: According to TSM Plug, he owns a Cadillac Escalade (SUV), a Buick Enclave (SUV), a Porsche Carrera GT, a Lexus LS 460 and a Mercedes-Benz S65. According to their own estimates, the value of these vehicles should be between 400,000 and 500,000 US dollars. However, this estimate is based on their list price, since those vehicle models are already delivered with numerous equipment at their list price. Tiger Woods also owns a Gulfstream G550 as a private jet and two luxury yachts , one of which is a sailing yacht and one a motor yacht. About twenty million US dollars should have been due for the acquisition of the motor yacht “Privacy” .