Tiger Woods Net Worth, Money and More
Net worth – $ 450 million
Career- Professional Golfer
Tiger Woods, the name that never stays out of the tabloids, the person that every golfer aspires to be, is an American professional golfer whose achievements to date rank him among the most successful golfers of all time. Currently the World No. 1, he has been one of the highest paid athletes in the world for several years, according to Forbes.
Eldrick Tont ‘Tiger’ Woods, born on 30 December 1975 in Cypress, California, who started his career as a professional golfer at a ripe age of 20 and by 1997 he bagged his first major, the 1997 Masters in a record-tracking performance, winning the tournament by 12 strokes. He first reached the number one position in the world rankings in June 1997. Through the 2000s, Woods was the dominant force in golf, spending 264 weeks from August 1999 to September 2004 and 281 weeks from June 2005 to October 2010 as world number one. After winning the Arnold Palmer Invitational on March 25, 2013, he ascended to the No. 1 Ranking once again.
A miracle child
A child prodigy, he was, introduced to golf before the age of two by his athletic father Earl, a single-figure handicap amateur golfer who had been one of the earliest African-American college baseball players at Kansas State University. If you think it was the family’s sheer interest in his career that got him the name boy wonder, you sure are mistaken, for this young talent, at the age of 8 won the 9–10 boys’ event, the youngest age group available, at the Junior World Golf Championships. He went on to win the Junior World Championships six times, including four consecutive wins from 1988 to 1991.
The money just keeps flowing
2012-2013 Earnings: $78.2 million (Forbes)
Salary/Winning/Bonuses – $13 M Million
Endorsements Earning: $65.2 M
Major Brands: Nike, EA Sports, PGA Tour Partner, Upperdeck,
This is a gist of his career earnings complied by Forbes.
Salary/Winnings Endorsements
| 1996 | $790,594 | |
| 1997 | $2,06 M | |
| 1998 | $1,84 M | |
| 1999 | $6,66 M | |
| 2000 | $9,18 M | |
| 2001 | $5,68 M | |
| 2002 | $6,91 M | $69 million |
| 2003 | $6,67 M | $78 million |
| 2004 | $5,36 M | $80.3 million |
| 2005 | $10,62 M | $87 million |
| 2006 | $9,94 M | $90 million |
| 2007 | $10,86 M | $100 million |
| 2008 | $5,77 M | $115 million |
| 2009 | $10,5 M | $110 million |
| 2010 | $1,2 M | $105 million |
| 2011 | $660,238 | $75 million |
| 2012 | $6,13 M | $58 million |
| 2013 | $13.1 M | $78 million |
Until before his infidelity came into limelight, Tiger Woods was successfully running the Tiger Woods Design, which in 2006 announced its intention to begin designing golf courses, the first of its project being the Al Ruwaya Golf Course In Dubai. As of February 2010, only seven holes had been completed; in April 2011, The New York Times reported that the project had been shelved permanently.
Care for the under-privileged
All the fame and the bling did not ever come in his of caring for the underprivileged. He firmly believes that the game should not just be a thing of the rich and privileged but everyone should get a taste of it. Hence was formed The Tiger Woods Foundation. It was established in 1996 by Woods and his father Earl, with the primary goal of promoting golf among inner-city children. The foundation has conducted junior golf clinics across the country, and sponsors the Tiger Woods Foundation National Junior Golf Team in the Junior World Golf Championships. As of December 2010, TWF employed approximately 55 people.
. The center has since expanded to four additional campuses: two in Washington, DC; one in Philadelphia, Pennsylvania; and one in Stuart, Florida.
Married and philandering
It was in October 2004 that the richest athlete on earth got hitched to a Swedish model and daughter of former minister of migration Barbro Holmberg and radio journalist Thomas Nordegren by the name Elin Nordegren. In 2006, they purchased a $39 million estate in Jupiter Island, Florida, and began constructing a 10,000-square-foot home. Woods and Nordegren’s first child, a daughter named Sam Alexis Woods, was born in 2007. Woods chose the name because his own father had always called him Sam. Their son, Charlie Axel Woods, was born in 2009.
That sure does sound like happily ever after. Sadly it turned out something else. On November 25, 2009, a supermarket tabloid The National Enquirer published a story claiming that Woods had an extramarital affair with New York City nightclub manager Rachel Uchitel. Over the next few days, more than a dozen women claimed in various media outlets to have had affairs with Woods. On December 11, he released a third statement admitting to infidelity and apologizing again, as well as announcing that he would be taking ‘an indefinite break’ from professional golf.
The scandal that nearly ruined him
After the Newspaper report, revealing his affair with a nightclub manager, he hit the road, going down the hill like never before. Two days after the report was published, around 2:30 a.m. on November 27, Woods left home in his Cadillac Escalade SUV and, while still on his street, collided with a fire hydrant, a tree, and several hedges. He was treated for minor facial lacerations and received a ticket for careless driving.
On November 30, Woods announced that he would not be appearing at his own charity golf tournament, the Chevron World Challenge, nor any other tournaments in 2009, due to his injuries.
On December 2, following the release by US Weekly of a voicemail message allegedly left by Tiger for a mistress, Woods released another statement in which he admitted “transgressions” and apologized to “all of those who have supported [him] over the years”, while reiterating his and his family’s right to privacy.
After his marital infidelities came to light at the end of 2009 and received massive media coverage, Woods announced in December that he would be taking an indefinite break from competitive golf. In February 2010, he delivered a televised apology for his behavior. During this period, several companies ended their endorsement deals with Woods.
Woods returned to competition in April at the 2010 Masters Tournament, where he finished in a tie for fourth place. He followed the Masters with poor showings at the Quail Hollow Championship and the Players Championship, where he withdrew in the fourth round citing injury
Woods’ performance continued to suffer in 2011, taking its toll on his ranking. After falling to No. 7 in March, he rebounded to No. 5 with a strong showing at the 2011 Masters Tournament, where he tied for fourth place
Something to remember by
Woods wrote a golf instruction column for Golf Digest magazine from 1997 to February 2011. In 2001 he wrote a best-selling golf instruction book, How I Play Golf, which had the largest print run of any golf book for its first edition, 1.5 million copies
Back with a bang!
He is not one to lose hope or stay behind. He knows what he wants and he makes sure he gets it. Two years after the so-called mishap that his life turned into, he won the Arnold Palmer Invitational, winning the event for a record-tying 8th time. The win moved him back to the top of the world rankings. To commemorate that achievement, Nike was quick to launch an ad with the tagline “winning takes care of everything”.
After winning the Arnold Palmer Invitational on March 25, 2013, he ascended to the No.1 Ranking once again.
