The greatest golfer in the world, Tiger Woods, spends his sprawling $800 million fortune lavishly.
After turning professional in 1996, Tiger Woods brought younger energy to the game with his powerful workouts and performances. In 1997, a little more than 42 weeks after his career began, Woods was the youngest player to become the No.1 golfer in the world at the age of 21. As everyone had a keen eye on young Woods, brands capitalized on his popularity to sell their products. Additionally, Tiger stepped into the world of business ventures and brand endorsements to establish an $800 million empire.
Currently, the golfer has taken a break from his career, but he still earns $62 million a year from his big-time brand partnerships. Woods has managed to build a brand of himself and made millions. He also ensures to spend the money on luxuries and rewards himself sometimes. Let’s take a look at how Tiger Woods earns and spends his fortune.
Earns: Successful Golf Career
Good luck to everyone this week at the @playofffinale. Lots of good memories at East Lake! pic.twitter.com/dFcSg1dbl2
— Tiger Woods (@TigerWoods) September 1, 2021
Ever since 1996, Woods has had the most prolific career of any golfer in the world. A true legend, he has won 82 PGA titles tied with Sam Snead for the most wins in the history of PGA. According to Golf, Woods is on the number three spot for the highest career earnings, with $102 million of his net worth made from the tours he won.
Spends: A Stunning Car Collection
Tiger has a sprawling car collection in his garage. He is famously known to drive his Lamborghini Murcielago, which has a powerful V12 engine. He also owns a 2001 Buick Bengal Concept, which never went into production, although Woods was given one. The other powerful cars in his collection are Porsche Carrera GT, Mercedes-Benz S65 AMG, and Buick Enclave, as noted by Yahoo Auto.
Earns: Brand Endorsements
Now when you play a round at @PopstrokeGolf you can play with a @bridgestonegolf ball like I do. The signature experience includes a souvenir ball. You don’t just keep the memories, now you can keep the ball too! pic.twitter.com/k2UwIf1x9N
— Tiger Woods (@TigerWoods) January 12, 2021
As the most marketable golf player in history, Woods has a lot of brand endorsements under his belt. Over time, the golfer has collaborated with eight major brands: Nike, Bridgestone, Monster Energy, Hero Motocorp, Discovery Communications, Rolex, Upper Deck, and TaylorMade. Woods is known to have a $200 million contract with Nike and a 20-year contract with Bridgestone.
Spends: Real Estate
Tiger Woods has a multi-million dollar real estate profile with investments around the world. He owns a private island in Lake Mälaren which is an hour away from Stockholm, and is equipped with a private harbor, open yard, and even six golf tees. His residential property is a $54 million mansion in Florida with a mini-golf course of its own spanning 3.5 acres, as stated by Sports Casting. The luxury home also has oxygen tanks, swimming pools, and a gym.
Earns: Business Ventures
Tiger Woods restaurant set to open http://t.co/dPGxgpP1in pic.twitter.com/40OTmeVYL7
— WPBF 25 News (@WPBF25News) August 7, 2015
The golfer opened The Woods Jupiter in 2020, which is located in Jupiter, Florida. Since Woods has been traveling and tasted various cuisines, he wanted to bring his vision to life with a flagship restaurant of his own. The restaurant is an elevated sports bar and has quickly become a hang-out place for family and friends.
Spends: A Yacht And A Private Jet
Tiger Woods has docked his $20 million, 155-foot yacht in the Hamptons — and he apparently plans to stay there during the US Open https://t.co/hWc9t7scCd
— Business Insider (@BusinessInsider) June 6, 2018
Woods loves to travel and vacation in style. So, it’s no surprise that he owns a private yacht called Privacy which is 155-foot long and costs him $25 million. The mega yacht is docked at North Palm Beach in Florida, and the golfer was spotted using it as a residence during his 2018 US Open tournament. He also owns a gorgeous Gulfstream G550 private jet worth $54 million with a top speed of 680 MPH and a maximum range of an astonishing 7,767 miles.
Earns: Golf Course Designing
Tiger Woods photographed back on golf course with son Charliehttps://t.co/JS1YWs1KNx pic.twitter.com/JvKjLlwgaX
— GolfWRX (@GolfWRX) October 9, 2021
While Tiger is an active player in the game of golf, he has been consistent in designing golf courses worldwide. The golf star has designed around ten golf courses to date, and one of them resides in his backyard. His designed courses are in Houston, Texas, Cabo San Lucas, Bahamas, and even Dubai.
Looking forward to playing in the 2018 Quicken Loans National next week! I am excited to get my first shot at a PGA Tour event. Thank you to the Tiger Woods Foundation for giving me this opportunity! @QLNational @TGRLiveEvents @TGRFound @TigerWoods @QuickenLoans pic.twitter.com/nRhWyVIa6a
— Kristoffer Ventura (@krisventura95) June 23, 2018
Apart from dominating the golf course, Woods likes to devote some of his time to charity. He founded the Tiger Woods Foundation in 1996 that gave rise to community programs in the healthcare, education, and welfare sectors. He also supports at-risk youths and has donated over $12 million to his Foundation, as stated by Insider.
Tiger Woods earns big, and his expenditure is also just as lavish. A gifted golfer and popular personality, Woods has amassed earnings from his presence in the media. He doesn’t hesitate to show off his luxurious possessions and ensures that his contribution is made for the community’s welfare. After his four surgeries, the golfer is currently in rehab and trying to rebuild his strength for his much-anticipated golf return.
Tiger Woods Reveals ONE FACTOR That Is Holding Him Back From Returning to Professional Golf
Tiger Woods has finally made his first-ever public appearance since the horrifying solo car crash in February. Moreover, he had a damaged ankle with open fractures breaking his fibula and tibia in the right leg. However, he seems to have made an excellent recovery, as he recently posted a video of himself practicing at the range.
Hence, since then, fans have been anticipating some news from his end. And finally, it has happened at the Hero World Challenge in the Bahamas. He faced the media on Tuesday morning as the host of the event and tried to provide clarity on his journey going ahead as a golfer. So let us have a look at his first-ever press conference and public appearance since February 2021.
Tiger Woods reveals one condition which will force him to resume normal golf
Tiger Woods gave a press conference earlier this morning and answered every question that was directed at him without any fear. Meanwhile, a journalist asked him about his comeback to the tour and when will he resume regular golf. However, Tiger said he still doesn’t know the exact timeline for his return to normal golf.
He said he sat with his family and discussed whether he should be playing out on the Tour, once again. Moreover, all the members agreed, but Woods believes he hasn’t internally reached there. “You know, all of us sat down and said, you know if you all cooperate and I get to a point where I can play the tour,” said Woods.
“Is it okay with you guys if I try to do it? And the consensus was yes. Now internally, I haven’t reached that point. I haven’t proven to myself that I can do it. Yeah, I can show up here, and I can host an event. I can play a par three course.”
However, he said when it comes to competing against the best players in the world on demanding courses, it requires something more, which he hasn’t found yet. “Now I have a long way to go to get to that point. Now I haven’t decided whether I want to get to that point. I gotta get my leg to a point where that decision can be made. And we’ll see what happens when I get to that point, but I got a long way to go.”
Hence, when he gets to a point where he thinks he can compete once again against the best in the world, he will make a comeback and start competing.
Tiger Woods ‘Supports’ the PGA Tour in Ongoing Saga With Breakaway Leagues
It is no secret that the new rival leagues are a major threat to the PGA tour. Recently, players like Phil Mickelson, Dustin Johnson, Bryson DeChambeau have committed to Greg Norman’s event on the Asian Tour. Hence, fans believe this is just a start to something much bigger, and the Tour needs to act fast to contain this. Now, Tiger Woods, who has competed on the PGA Tour all his life, commented on these leagues.
Tiger recently gave his first-ever press conference since his solo car crash in February. Answering every question calmly and diligently, Woods discussed a lot of things about his journey so far and also his future as a golfer. Moreover, he also commented on this entire rival league saga and shared his opinions about the same.
Tiger Woods supports PGA Tour!
During his recent press conference, a reporter asked Tiger Woods about his views on the rival leagues that Greg Norman is working on. Moreover, the reporter asked Tiger, what would he advise a player who approached him in doubt. Notably, without an iota of doubt, Tiger said, it’s going to be the player’s decision. But for him, he is supporting PGA Tour.
“I’m supporting the PGA Tour. That’s where my legacy is. I’ve been fortunate enough to have 82 wins on this tour and 15 major championships, and then a part of the World Golf Championships. So I have an allegiance to the PGA tour, and I understand that some of the comparisons are is very similar to when Arnold and Jack broke off from the PGA of America to start the tour. I don’t see it that way,” said Tiger.
Tiger appreciates PGA Tour commissioner Jay Monahan, who he believes has done a fantastic job, especially during the pandemic. He said, “Jay, the staff have done an incredible job. And so I think the tour is in great hands. They’re doing fantastic, and prize money is going up. It’s just not guaranteed money like most sports are. Just like tennis, you gotta go out there and earn it.”
Clearly, Tiger Woods believes that PGA Tour has done an excellent job, and hence, he will continue to support this tour, no matter what. What are your thoughts on Tiger’s comments?
Is Tiger’s wood change in preparation for future golfing path!
Tiger Woods made a subtle equipment change this week at Sherwood Country Club before starting his defense of the Zozo Championship, and the swap probably was made with an eye toward the Masters.
Woods had been playing a TaylorMade M5 3-wood since early 2019, but this week that club was replaced with a TaylorMade SIM 3-wood. The club’s stated loft is 15 degrees, and it is fitted with a 70-gram Mitsubishi Diamana D+ TX shaft. However, the actual loft is 14 degrees. The club has a finished length of 42.5 inches with a swing weight of D4. Tiger’s old 3-wood had 15 degrees of loft and was fitted with the same shaft.
While many pros will pull a 5-wood out of the bag and go with a 2-iron or a driving iron when they play on firm courses or in windy conditions, 3-wood changes are rare. Three-woods are notoriously hard for pros to swap out because the clubs pull double duty, hitting the ball to a precise distance from both the the tee and off the fairway. When elite players find a 3-wood that does the job well, they tend to stick with it.
Woods’ decision to change into a TaylorMade SIM 3-wood, a club released in January, probably has more to do with getting used to the club in competition before the Masters than needing it at Sherwood Country Club this week.
The Masters starts Nov. 12, and the weather is expected to be colder at Augusta National than is typical for April. According to Titleist, a golf ball will fly 1.5 percent less far on a 50-degree day than it will when the air temperature is 70 degrees because the atmosphere is thicker. It also will fly higher.
According to Joe LaCava, Tiger Woods’ caddie, Woods hits his TaylorMade M5 3-wood about 265 yards in the air. A 1.5 percent decrease in carry distance would drop that to 261, but that assumes Woods maintains the same speed in his swing. In colder weather, most golfers have trouble staying loose and swing slower.
TaylorMade SIM fairway woods
Weight savings from the carbon-fiber crown and titanium face allowed TaylorMade to add an 80-gram sole plate to the SIM fairway woods. (TaylorMade)
The TaylorMade SIM fairway woods have titanium faces, like a driver, so they are lighter and flex more efficiently for increased ball speed. They also have a heavy soleplate that lowers the center of gravity and creates a higher launch angle. Combine all that with a loft that is 1-degree stronger, and in colder weather,Tiger may not lose any distance with his new 3-wood at Augusta National in November.