Tiger Woods Net Worth: 5 Facts You Should Know

Tiger Woods

Tiger Woods’ net worth is a mere $700 million, although this famous American golfer, who is one of the highest paid athletes in the world, has earned $1.4 billion since he turned professional 20 years ago.

Guess why?

1. Tiger Woods Has a Net Worth of $700 Million

Tiger Woods, who has been one of the highest-paid athletes in the world for several years, has a net worth of $700 million. (Source: “Tiger Woods Net Worth: $700 Million In 2015,” Forbes, November 18, 2015.)

Last year, Forbes, the renowned American business magazine, ranked him number 26 in its inaugural list of the top 40 richest entrepreneurs under the age of 40. Woods will turn 41 years old on December 30.

2. The Bulk of His Net Worth Doesn’t Come from Golf

During the first decade of his professional career, Woods was the world’s most marketable athlete. This is why the bulk of his fortune doesn’t come from golf. Instead, it was generated through endorsement deals with the likes of Accenture, AT&T, Buick, Nike, and Gatorade. However, all of those companies, except for Nike, have since left Woods.

Since turning professional in 1996, Woods has earned $1.35 billion, with barely 10% of that total derived from prize money on the golf course. (Source: “Tiger Woods Net Worth: $700 Million In 2015,” Forbes, November 18, 2015.)

Throughout his career, it is estimated that he has won $14.0 million from majors alone, not including any off-course money. (Source: “Major Money: Lifetime Golf Earnings,” CNN Money, retrieved March 2, 2016.)

3. His Largest Endorsement Deal Is with Nike

Unlike the rest of his benefactors, Nike has stuck by the 14-time Majors winner and pays him more than $20.0 million a year. Nike built a $711-million (in sales) golf division on the back of Tiger Woods. (Source: “America’s Richest Entrepreneurs Under 40,” Forbes, last accessed March 2, 2016.)

Other current partners include Hero MotoCorp, Kowa, MusclePharm, Rolex, and Upper Deck.

Woods has about 5.6 million followers on Twitter, the world’s largest microblogging site.

4. His Other Income Sources Include Golf Course Design

Tiger Woods Design, a full-service golf course design firm, has created many courses, including one each in China, Mexico, and Dubai.

In the U.S., Woods has a course in Texas, a practice facility in Florida, and one 1,200-acre site just south of Nashville, Tennessee. (Source: “Design Services,” TigerWoods.com, last accessed March 2, 2016.)

He also has a restaurant, the Woods Jupiter, near his home in Jupiter, Florida, which just opened last summer. (Source: “Tiger’s First Restaurant, The Woods Jupiter, A Hit,” TigerWoods.com, September 24, 2015.)

5. Tiger Woods Could Be Richer

Woods’s net worth took a hit with his $100-million divorce settlement in 2010 from Elin Nordegren.

Woods and Nordegren met in 2001 while she was a nanny for a fellow golfer. They began dating in 2002 and got married in 2004. They had two children together, Charlie and Sam, before the news of Woods’ infidelity scandal broke in November 2009. (Source: “The Mysterious Mrs. Woods,” The Daily Beast, November 30, 2009.)

As of February 2015, Woods reportedly still owed Nordegren more than half of the settlement money, which was about $54.0 million. (Source: “Report: Tiger Woods still owes ex-wife $54 million,” Fox Sports, February 5, 2015.)

Injuries have also hampered Woods during the last two years and he has been sidelined since undergoing back surgery in September. (Source: “America’s Richest Entrepreneurs Under 40,” Forbes, retrieved March 2, 2016.)

Tiger Woods’s Earnings Highlights

Year Income
1996 $13.2 million
2001 $63.8 million
2005 $87.0 million
2007 $123 million
2010 $74.3 million
2014 $55.1 million

Data source: “Tiger’s Earnings: $1.3 Billion and Counting,”
Golf Digest, February 4, 2015.