The billionaire athlete club has a new member as Tiger Woods’ net worth has reached $1 billion, according to Forbes.
The news comes shortly after Forbes estimated that LeBron James’ net worth hit $1 billion. Woods and James are the only active professional athletes who are believed to be worth 10 figures.
Michael Jordan, the only other athlete-turned-billionaire, reached the milestone in retirement.
Exclusive company. _
Tiger Woods, Michael Jordan and LeBron James are the only athletes to have an estimated net worth of one billion dollars or more.
(H/T @Forbes) pic.twitter.com/FBWjTHlzq4
— Golf Digest (@GolfDigest) June 10, 2022
Woods has made more than $1.7 billion in his professional golf career, according to Forbes. More than 90% of Woods’ earnings have come off the golf course through sponsorships and investments, Forbes reports.
Woods has won just under $121 million of his earnings from PGA Tour events. Woods has made the most money in PGA Tour history, ranking well ahead of Phil Mickelson and his nearly $95 million in PGA earnings.
Woods’ net worth might be significantly higher if he chose to leave the PGA Tour for the LIV Golf Invitational Series. Woods reportedly turned down a big-money offer from the new Saudi-backed golf league.
LIV Golf Investments CEO Greg Norman told The Washington Post that the offer to Woods was “mind-blowingly enormous; we’re talking about high nine digits.”
Dustin Johnson and Bryson DeChambeau are reportedly making at least $100 million apiece for joining LIV Golf. Mickelson’s deal is believed to be worth close to $200 million.
Woods returned to the PGA Tour at the 2022 Masters. The 46-year-old came back less than 14 months after a single-car accident nearly ended his career.