Tiger Woods Net Worth 2015
Tiger Woods Net Worth
Full name: Eldrick Tont “Tiger” Woods
Born: December 30, 1975
Net Worth: $600 Million
Net Worth 2015: $61.2 Million
Winnings 2015: $6.2 Million
Endorsements: $55 Million
Residence: Jupiter Island, Florida, United States
Agent: Mark Steinberg
Agency: Excel Sports Management
Tiger Woods has a net worth which has been estimated to be approximately $600 million which is one of the reasons why he is counted among the leading golfers of all time. His net worth also makes him the second richest African American, placed only behind the famous television personality, Oprah Winfrey. Woods, in the year 2013, proved himself to be a generous spender. According to the approximation of Forbes, Tiger Woods made earnings of about $78 million that year, alongside earning around $1,600,000 as a legal settlement from a yacht builder who, without Woods’ permission, used his name for to promote their yachts. On one hand, he purchased Mercedes-Benz S65 that year, which has a current market value worth $210,000, and on the other hand, he spent about $2,000,000 to build his Solitude yacht.
According to Forbes, Tiger Woods made a whopping fortune as of June 2014, of approximately $61 million. As winnings from several of his tournaments, the PGA golfer has earned around $6.2 million last year. From several of his endorsements, the 39-year old Tiger Woods also made an income of approximately $55 million last season. He is currently residing at Jupiter Island, Florida and is thus a citizen of the United States. He has 2 children but his controversial extramarital affairs landed him in a messy divorce with his ex-wife. An interesting fact about this enormously popular player is that he dropped out from Stanford University. Woods is currently associated with Excel Sports Management, with Mark Steinberg as his agent.
Tiger Woods is the proud owner of a perfect business jet aircraft, Gulfstream G550, a private jet that is capable of carrying as many as 16 people in standard seating configurations and travelling 12,000 kilometer continuously, thus becoming one of the longest range business jet ever made. He owns an Escalade, the largest vehicle in Cadillac’s lineup which weighs about 5,909 pounds and is the largest EXT version of the lineup. Woods is also the owner of Porsche Carrera GT, one of the “super class” model cars, a 3,042 pounds muscle with a 5.7 Liter V10 engine, providing 435 pounds of torque during driving. His recent addition to his supercar lineup, worth is the Lexus LS 460 Sedan which cost him approximately $60,000.
Bonus: Hottest Female Golfers 2015
Tiger Woods became a professional in the year 1996. He achieved his first major championship win in April 1997. His first win of the 1997 Masters was a record-breaking performance with 12 strokes, and he bagged a whopping $486,000 as his prize money. Woods climbed to the no. 1 place in the world of golf in June 1997, and remained the most dominant force in golf throughout the 2000s. He held on to the no. 1 position for 264 weeks from August 1999 to September 2004 and then again clinched the highest place from June 2005, holding on to it for 281 weeks till October 2010. He went through a career-high 107-week winless streak before capturing the Chevron World Challenge in December 2011.
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Tiger Woods’ endorsement deal with Nike is the biggest he has signed. The exact contract amount is undisclosed amount, but statistics and reports suggest that he earns $10-20 million annually from the company. He also earns more than $35-$45 million from his other endorsements with reputed companies such as with EA Sports, Rolex, as well as some smaller companies. Forbes estimated Woods’ net worth as $600 million in 2009. His divorce settlement a few years ago with his wife Elin set him back by more than $110 million. Woods is the owner of a megayacht, which a 155 feet long pure luxury called Privacy, worth approximately $20 million. He also doled out more than $55 million in total, to build a new house in Jupiter Island, Florida, from scratch.
During the span of 17 years, Tiger Woods has earned $1.3 billion from his winnings and endorsements in his professional golfing career. His on-course winning is approximately $109 million as on-course winning, thus placing him in the no. 1 position of the all-time money list till now. Woods signed his most valuable endorsement contract valued at more than $200 million with American sportswear company Nike in 2013. Interestingly, Nike offered the amount first to another star athlete, Rory McIlroy. Tiger Woods received more than $3 million last year, for participating in a tournament in Turkey and hitting a ball from Europe to Asia, and he is famous for receiving crazy “appearance fees”.
Bonus: Top 10 Richest Golfers 2015
Immediately after becoming a professional golfer in August 1996, Tiger Woods signed a contract with Nike. At that time, it was considered the most valuable of endorsement contracts in golf history. He was honored as the Sportsman of the Year by Sports Illustrated and the PGA Tour Rookie of the Year 1996. Having won the tournament in April 1997, Tiger Woods became the Masters’ youngest-ever winner. He also set the record for the fastest-ever ascent to the top position, and achieved the no. 1 spot in the Official World Golf Rankings after two months. Woods won the PGA Championship and he finished the 1999 golf season with eight wins. In the year 2000, Woods clinched six consecutive wins which, since 1948, was the longest winning streak.
August 20, 2007 saw Tiger Woods being inducted into the California Hall of Fame by the erstwhile California Governor Arnold Schwarzenegger and First Lady Maria Shriver, while, on December 5, 2007, he got inducted at The California Museum for History, Women and the Arts in Sacramento. In December 2009, he was honored as “Athlete of the Decade” by the Associated Press, as Male Athlete of the Year a record-setting four times by the Associated Press and as Sports Illustrated’s Sportsman of the Year, the only person to receive the honor more than once till now. During his participation in different international tournaments, he became well known for drawing the largest TV audiences in golf history.
Shortly after he turned 21 in 1996, Tiger Woods signed numerous endorsement deals with reputed companies such as Titleist, General Mills, American Express, General Motors, Accenture, and Nike. After the initial contract, Woods signed $105 million worth of contract extension of 5 years with Nike in 2000. With an estimated sale worth $600 million, Nike Golf is one of the fastest growing brands in the sport. Tiger Woods was chosen as the “ultimate endorser” for Nike Golf by the company. At the launch of Buick’s Rendezvous SUV, Woods was involved in every aspect in 2000. A Buick spokesman stated that the company was happy with the Woods’ endorsement value. A marvelous fact is that more than 130,000 Rendezvous vehicles were sold in 2002 and 2003.
Tiger Woods was raised a Buddhist. So, he practised Buddhism actively from childhood till he reached the greatest height of his adult professional career as a golfer. In 2000, Woods stated that he “believes in Buddhism… Not every aspect, but most of it” in an article in 2000. While talking about his infidelity to his losing track of Buddhism, Woods further said, “Buddhism teaches me to stop following every impulse and to learn restraint. Obviously I lost track of what I was taught.” In “We Are One”, the Obama Inaugural Celebration to commemorate the military at the Lincoln Memorial in January 2009, Woods delivered a speech. The same year in April, he also visited the White House, while promoting the AT&T National golf tournament in the Washington, D.C.