Tiger Woods has officially joined Lebron James and Michael Jordan as one of only three billionaire athletes in the world.
Forbes now estimates that Woods’ net worth is at least $1 billion. according to the magazine’s earnings update for the golf superstar.
James, the first active NBA player to make the Forbes list, has been valued at over $1 billion just last weekwhile Jordan only made the list in 2014 — more than a decade after his retirement.
Woods, who has the most PGA Tour event wins in history at 82, has earned about $1.7 billion over his 27-year career, with less than 10% of his net worth coming from his golf salary. His sponsorship and endorsement deals through Nike, TaylorMade, Gatorade, Monster Energy and Rolex, along with his ownership of TGR Design, TGR Live (an events company) and TGR Ventures, all contributed significantly.
Woods also recently acquired a stake in PopStroke, a miniature golf company with locations across Florida.
News of Wood’s billionaire status comes shortly after him reportedly turned down a “high nine-figure” offer to play golf in the Saudi-funded golf league LIV in order to continue playing on the PGA Tour.
Woods previously topped Forbes’ list of highest-paid athletes for 10 straight years, ending in 2012. Last year was the 46-year-old Earned $68 million due in off-course earnings after hardly playing his serious car accident in February 2021.
Woods recently retired from the PGA Championship in May and then announced that he would not compete in the 2022 US Open.
However, the 15-time Major champion is optimistic he will be ready to play ahead of the Open Championship, which begins on July 14.
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Golf – PGA – The Open Championship – 14/07/2022
