Sports

Tiger Woods’ enormous wealth

In 2022, Forbes officially recognized Tiger Woods as a billionaire, becoming the first golfer with a fortune exceeding 1 billion USD. Having earned a “huge” amount of money, Woods is willing to spend millions of dollars heavily on luxury pleasures and even invest in large business projects. Let’s explore the dream fortune of the U50 billionaire…

In June 2022, Tiger Woods became one of three athletes included in Forbes’ list of billionaires. The remaining two are American basketball superstar LeBron James and Michael Jordan, who became a billionaire after retiring thanks to his investment in the Charlotte Hornets basketball team.

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However, Woods’ total income is estimated (including taxes and fees) to be 1.7 billion USD, making Super Tiger the richest billionaire among sports athletes in the world, far exceeding the total income of famous football players such as Cristiano Ronaldo and Lionel Messi. At his peak, Woods was the highest-earning athlete in history with $100 million per year, holding the number one position on Forbes’ list of highest-paid athletes for 10 consecutive years (counting to 2012).

Notably, Woods surpassed the billion-dollar mark despite turning down a “huge” offer from the Saudi Arabia-backed LIV Golf system, which according to Greg Norman was worth around “nine big figures”. This means that Tiger Woods’ net worth would be much higher if he signed this agreement.

Woods’ income

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Tiger Woods is the greatest golfer in history. When he was just 15 years old, he won the Junior World Golf Championships six times. After 27 years of professional competition, Woods has 82 PGA Tour victories, equaling the record with the late Sam Snead. Among them, Tiger Woods won the major 15 times, including 5 times wearing the Green Jacket. This achievement makes Woods the golfer with the second most major titles of all time, behind Jack Nicklaus’ record of 18 titles.

According to a Forbes report, Woods earned $121 million in competition bonuses alone. No professional golfer in history has had such a large tournament income. However, that income only accounts for 10% of his total career income, the remaining 90% comes from sponsorship contracts and business projects.

GOAT Tiger Woods has long been the face of some of the world’s biggest brands, among them Gatorade, Monster Energy, Rolex and Nike.

Other projects of Tiger Woods

Woods has used his fame and income to expand into a series of other ventures, including a golf course design business (TGR Design), a live event production company (TGR Live), and a golf course design business (TGR Design). row (The Woods). Through TGR Ventures, Woods also invested in Full Swing, a golf technology training tool; Heard, a hotel software startup; and PopStroke, a luxury mini-golf experience with four locations in Florida and plans to open more new locations across the United States.

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The billionaire golfer was also identified as a partner in a SPAC (special purpose acquisition company) announced in January. He also joined hands with British billionaire Joe Lewis to invest in Tavistock Group, a The group owns the NEXUS Luxury Collection resort.

Sieu Ho also has social projects, with the establishment of the Tiger Woods Learning Center in Anaheim, California in 2006 to help disadvantaged 𝘤𝘩𝘪𝘭𝘥ren go to school. The center was built at a cost of about 18 million USD and includes a golf teaching campus.

He also spends a lot of time and money on his charity Tiger Woods Foundation. In 2012, Woods gave $12 million to this fund

Net worth 2023

Woods sera présent le 2 janvier 2021 et sera en mesure de le faire. Il sera bientôt disponible pour Major à quai pour The Masters le 4 janvier 2022.

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Despite many difficulties in 2021, he still earned 68 million USD (before taxes), of which only 40,000 USD was bonus. The rest comes from valid sponsorship and business contracts, as well as the agreement he signed in March 2021 with the producers of the video game franchise PGA Tour 2K.

Although Woods is still trying to come back stronger and improve his performance, his income has hardly been affected much thanks to the reputation he has built over the past nearly 30 years. In March 2022, Tiger Woods was inducted into the World Golf Hall of Fame.

According to Forbes, Tiger Woods’ real-time net worth is $1.1 billion, as of April 5, 2023. And like any other billionaire, Woods splurges on luxury properties , luxury cars, yachts as well as private jets.

The most luxurious properties Tiger Woods owns

Privacy Cruise

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Tiger Woods has a yacht named Privacy – which he bought in 2004 from Christensen Shipyards, for about 20 million USD – when he was only 29 years old and had only been “in the profession” for 9 years. After the 2010 divorce, there were rumors that Woods considered selling Privacy for $25 million. However, this yacht was not ultimately sold.

According to a 2019 USA Today report, maintaining the Privacy yacht costs $2 million per year. It has a range of about 6,500 km and can move at a maximum speed of 17 knots. Manned by a nine-member crew, the ship can accommodate 10 to 12 people with about 5 rooms furnished with cherry wood interiors.

Tiger Woods’ Privacy yacht is also fully equipped, of course, with a jacuzzi for 8 people, a decompression chamber for scuba diving, a personal gym, a theater, a large bar on deck and an elevator. In addition, Woods is also equipped with water motorbikes and kayaks for more recreational activities.

Solitude submersible

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Woods bought the Solitude submersible around 2010, at a time when his marriage to Elin Nordegren was on the rocks. It is known that both Woods and Nordegren enjoyed scuba diving in the early years of their marriage.

Solitude submersible built by Garlington Landeweer Marine. At that time, the ship was anchored at Pirate’s Cove Resort & Marina, near Woods’ villa on Jupiter Island (Florida). But neither the shipyard nor the manufacturer confirmed the owner’s name to the media.

The report said the Solitude submersible costs between 2 million and 3 million USD and takes 2 years to complete.

Gulfstream G550 special aircraft

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Woods has used his vast fortune to buy some of the best things to travel the world with, including a Gulfstream G550.

The golf legend bought this jet for about 54 million USD. It has 18 passenger seats and can fly non-stop for nearly 12 hours or more than 12,000 km. The Gulfstream G550 that Woods owns has a bedroom with a walk-in closet, a separate dining area and a spacious bathroom. In case Woods has urgent work needs, he can fully use the internet connection and satellite communication on the plane.

Mercedes-Benz SLR McLaren Edition
Woods has a dream collection of luxury cars, including cars he has been awarded or owned as part of sponsorship contracts.

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Mercedes-Benz SLR McLaren Edition
The two cars that attract the most attention are the Mercedes-Benz SLR McLaren Edition and the Porsche Carrera GT. In particular, the Mercedes-Benz SLR McLaren Edition is a limited edition, with only about 2,100 units produced from 2003 to 2010. The McLaren version can reach a maximum speed of 336 km/h and accelerate 0-96 km/h. h in 3.6 seconds on a 5.4-liter V8 engine with 651 horsepower. The most unique feature of this car line is that no two cars are alike because of differences in specifications.

The car is sold at a starting price of $100,000 to $150,000. However, its resale value is much higher because this is a high-end car that is sought after by collectors. For example, a Mercedes-Benz SLR McLaren 722 S Roadster, the roadster version of the car, sold for $1.45 million in 2018. And one of the variants, the Mercedes-Benz SLR McLaren Stirling Moss, is one of the most prized limited edition cars in the collection. Only 75 were produced and its two owners are pop icon Rihanna and rapper Kanye West.

Porsche Carrera GT

Tiger Woods also owns a super expensive Porsche Carrera GT to satisfy his passion for fast cars.

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Porsche Carrera GT is one of the cars that can accelerate very quickly and has a maximum speed of 330 km/h. Made from carbon fiber, the car can reach a speed of 160 km/h in 6.8 seconds. Although initially priced around half a million dollars, the Porsche Carrera GT could easily surpass that mark at auctions.

Villa in Florida
Wood’s first major property was the Windermere mansion located in the Isleworth golf club community near Orlando, Florida. He bought it in 1996 for about 2.6 million USD with an area of 743 square meters.

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The two-story house next to the river has eight bedrooms, a guest room, a spacious ground porch and a cinema room and bar. Woods sold this mansion in 2013 to Bubba Watson for $2.2 million. After 4 years, Watson sold it for $4.2 million.

According to reports, Woods still has property in Windermere. This land was estimated to be worth $1.31 million in 2010 and was named by Tiger Woods and his father.

Jupiter Island Real Estate
The Jupiter Island estate along the coast of Martin County, Florida, is perhaps the most famous property owned by Tiger Woods. Spread over an area of about 50,000 square meters, the property was purchased in 2006. Woods demolished a house standing on the land and rebuilt it entirely, estimating the total cost of the project to be around 40 – 55 million USD.

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Panoramic view of Tiger Woods’ Jupiter Island campus
The Jupiter Island estate is widely known for its private golf course of more than 14,000 square meters for Woods to practice whenever he wants. On the other hand, the mansion has a tennis court, multiple swimming pools, media room, wine cellar, private dock and gym as well as many lavish amenities.

A year later, Woods also bought his mother two plots of land in the same area for about 2.4 million USD.

Other properties
Woods bought land in Jackson Hole, Wyoming, with his then-wife Elin Nordegren for an undisclosed amount. According to Insider, the land in the community where Woods bought was sold for between $1.2 million and $4.5 million at the time.

He also owns an apartment in Corona Del Mar, California that he bought in 2004 for $3 million. The apartment had three bedrooms and ocean views, but was sold for $2.5 million in 2012 after he and Nordegren divorced.

Rolex Sea-Dweller Deepsea watch

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Woods owns some massive luxury watches. But the most prominent one in his collection is the Rolex Sea-Dweller Deepsea, which he wore during his last major championship in 2019. The watch costs about 10,000 USD.

The Woods Jupiter Restaurant
Woods opened the restaurant in Jupiter in 2015 with an investment of about $8 million.

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The Woods Jupiter Restaurant is an upscale sports bar serving…

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