Tiger Woods net worth: salary, income from advertising and assets
Tiger Woods can be considered one of the most successful athletes in the history of sport, but exactly what is his net worth and what are his assets?
One of the most successful athletes on the planet, the American golfer has won a staggering 82 official PGA Tour events during a stellar career which has seen him earn more than any other golfer in history. That of course says nothing about what he has managed to earn in endorsements.
Who is Tiger Woods?
Eldrick Tont “Tiger” Woods was born on December 30th 1975 to parents Earl and Kutilda Woods in Cypress, California. A child prodigy, Woods was playing golf under his father’s tutelage from the age of two. Indeed, at the age of three in 1978, Woods was featured on the Mike Douglas Show where he putted against comedian Bob Hope. He would go on to shoot a 48 over nine holes at the Navy course. Later, at five years old he would again come to national attention when he appeared in Golf Digest before appearing on ABC’s ‘That’s Incredible.’ The young ‘Tiger’ would go on to win countless youth tournaments including the Junior World Championships an incredible six times.
It was at the age of 20 in 1996 when Tiger turned professional in August of that year. Almost immediately he was signed by Nike to what would turn out to be the most lucrative endorsement deal in golf history at that time. Woods would go on to be named both Sports Illustrated’s Sportsman of the Year and the PGA’s Rookie of the Year in that first year and believe it or not would win his first major - the Masters - just one year later on April 13th 1997, making him the tournament’s youngest winner ever at the tender age of 21. Then just two months later, Woods would set the record for the quickest climb to No.1 in the Official World Golf Rankings.
Needless to say from those early days to now, there have been a whole lot of titles won and records broken. Where just majors are concerned, Tiger has won the Masters five times, The PGA Championship on four occasions, The U.S. Open three times, and the Open Championship three times. There are are of course countless other wins, which can be see here.
What is Tiger Woods’ net worth?
With the kind of success that Tiger Woods has seen on the course, one can imagine that his earnings would be equally as impressive. In reality, Tiger’s net worth is more than impressive, its something to behold. At 46 years of age, the record breaking golfer has accumulated more career earnings than any other golfer in the PGA Tour history with an eye opening $2.1 billion. Of course his triumphs on the course have also been matched by those off of it as endorsements and the like have seen him arrive at an estimated net worth of $1.1 billion according to Forbes.
What about Tiger Woods’ sponsors and assets?
While his exploits on the golf course are exceptional and well documented, they don’t account for the entirety of his wealth, in fact the large majority of his earning actually come from an extensive list of sponsors which include, but are not limited to Nike, Rolex, Bridgestone Golf, Monster Energy Drink, 2K, Upper Deck, and Kowa. At present Tiger has an annual salary of approximately $50 million and is second behind only Michael Jordan as the highest earning athlete in history with $2.69 billion.
Where Woods’ assets are concerned, there are of course a plethora of cars in his garages such as Lamborghinis, Porches and Bentleys, but perhaps the most stand out piece in the portfolio is his home in Miami valued at approximately $53 million. Interestingly, Woods also owns and operates a golf course design firm (TGR Design), as well as a live events series (TGR Live) and even an upscale sports bar (The Woods).
Tiger Woods’ former partner is suing him
Though it’s quite clear that Woods can afford most things in life, his assets and net worth may well be about to take a hit. As reports have confirmed, Tiger Woods’ ex-girlfriend, Erica Herman, filed two lawsuits against parties representing the 15-time major champion. Herman is seeking $30 million in damages amid a domestic dispute, in addition to the the dissolution of a nondisclosure agreement, which she signed when their relationship began back in 2017. It is understood that Woods terminated the relationship last year, after which he reportedly locked her out of his house. Indeed, the lawsuit alleges that aside from those actions, the agents of Woods’ homestead trust also misappropriated some $40,000 worth of her own money.
Where the NDA is concerned, Herman’s lawyer stated in a complaint filed this week that the NDA in question was signed more than five years ago and as such, should be declared unenforceable under the federal Speak Out Act. For context, the act was passed by Congress back on December 7th, 2022 and was aimed at preventing the enforcement of NDAs when harassment or sexual assault are suspected. It’s important to note here that no claim has been made against Woods specifically, however the suit does allege that Woods’ trust attempted to enforce the NDA in an effort to conceal details of their relationship. Woods’ trust has since requested arbitration regarding the NDA.