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Tiger Woods: How Much Is His Net Worth and Assets

It was during that year’s Open Championship that Tiger Woods met Elin Nordegren. The daughter of Swedish ex-minster for migratory affairs Barbro Holmberg and radio journalist Thomas Nordegren. Jesper Parnevik, a Swedish golfer, hired her as an au pair for his children. At the Sandy Lane resort in Barbados, they were engaged in November 2003 and married on October 5, 2004. Further they resided in Isleworth, an Orlando suburb called Windermere. Sam Alexis Woods was born to Woods and Nordegren in 2007, and they named her after their daughter. Sam was a nickname given to Woods by his father growing up. 2009 saw the birth of their first child Charlie Axel Woods.

Tiger Woods

Until address marital troubles with his ex-wife, Elin. He took a self-imposed break from professional golf from December 2009 to early April 2010. The pair split on August 23, 2010, after Woods confessed to many affairs.

Tiger Woods and Olympic gold medal-winning skier Lindsey Vonn revealed their relationship on March 18, 2013. It was announced that they were no longer together in May of 2015. Kristin Smith was Woods’ girlfriend from November 2016 through August 2017. After months of rumours, Tiger Woods confirmed in November 2017 that he was dating Erica Herman, a manager at a local restaurant.

Further Information on Tiger Woods

Woods was arrested for DUI on May 29th, 2017 at 3:00 a.m. EDT near his Jupiter Island. Florida home by the Jupiter Police Department. As he drifted off to sleep, the engine of his automobile hummed ominously in the middle of the road. Later, he admitted that he had taken prescription medicines and had no idea how they would mix with one other. He To address an unclear problem, Tiger Woods tweeted on July 3, 2017. With stating that he has finished an extensive out-of-state treatment.

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At his arraignment in August 2017, Woods’ attorney Douglas Duncan pleaded not guilty for him and promised to participate in a first-time DUI offender program and attend a second hearing on October 25, 2017. Woods pled guilty to reckless driving on October 27th, 2017, at a hearing. Probation of one year, a $250 fine, and 50 hours of community service were among the conditions imposed on him. During his probation, he was not permitted to consume any alcoholic beverages, and he risked an extra 90 days in prison and a $500 fine if he did.

How Much Is Tiger Woods’s Net Worth?

Winning tournaments and promoting goods are the primary sources of income for Tiger Woods. Since going pro in 1996, Tiger has earned $118 million on the golf field (including $2.07 million he won at the 2019 Masters). That equates to 7.6 percent of his overall career earnings to date. The majority of Tigers’ wealth comes from sponsorships, like Michael Jordan and LeBron James. His endorsement deals with Nike, Gatorade, American Express, Asahi, General Mills (Wheaties), Golf Digest, Rolex, Gillette, Accenture, Tag Heuer, AT&T, EA Sports, NetJets, Upper Deck, TLC Laser Eye Centers, and Buick account for around 92.4% of his total career earnings of $1.6 billion.

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Gatorade created a “Gatorade Tiger” beverage for Tiger Woods. A five-year contract with Gatorade was for a total of $100 million in cash. Tiger Woods, Roger Federer, and Thierry Henry used to make $20 million per year as Gillette endorsers. A golf event in which Tiger plays may bring in as much as $1.5 million solely for Tiger’s presence alone.

It Took Tiger Woods a Long Time to Make $100 Million

On August 29, 1996, Tiger Woods made his professional golf debut. 228 days after that, he won the Masters. To commemorate his victory at Augusta National, the 21-year-old inked multi-million dollar deals with both Nike and Titleist, totaling $40 million over five years.

Tiger Woods

Tiger signed a five-year $30 million contract with American Express on May 20, 1997, the day after he won the Byron Nelson Classic (the first event he joined after becoming the youngest player to win The Masters). Together with his Nike and Titleist endorsement deals as well as his tournament victories, his lifetime earnings of $100 million were made possible thanks to the American Express arrangement. In other words, it took Tiger only 8 months (264 days) after going professional to make $100 million. With the agreement, which was inked in 2003, LeBron James was paid $90 million over seven years.

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His Nike contract was renewed in September 2000. Over the course of five years, this transaction was worth $100 million ($20 million every year). Nike alone paid Tiger $140 million between 1997 and 2005. During that seven-year span, he probably made something in the neighbourhood of $200 million.

Assets Such as Property and Stock

A $25 million boat dubbed “Privacy” belongs to Tiger Woods. During tournaments that are close to the ocean, he often sleeps on the yacht.

At the Very Least, His PGA Tour Retirement Plan Is Worth $20 Million

He has a Gulfstream G550 private aircraft worth $54 million. Tiger has only flown professionally once in the previous 15 years, when he travelled from Los Angeles to Dubai in January 2017. In Jupiter, Florida, he has a 12-acre oceanfront property with a value of at least $55 million Tiger Woods started a course design firm after the financial crisis of 2009 and the subsequent downturn in his professional career. In addition to his job designing courses across the globe, he has a full plate.

Tiger Woods

With Elin Nordegren’s Marriage and Divorce Agreement

In 2004, Tiger Woods tied the knot with Elin Nordegren. Sam Alexis Woods and Charlie Axel Woods were born in 2007 and 2009, respectively, to Woods and Nordegren. In 2009, a Tiger infidelity scandal shook the pair and finally led to their divorce. Golfer Tiger Woods has lost millions of dollars in potential profits as a result of the scandal surrounding his divorce from Elin Nordegren. Besides cash and real land, he also gave Elin $100 million in assets.

Conclusion

Tiger Woods was the second-richest black American in 2009, with a fortune of $500 million, behind Oprah Winfrey, who had a fortune of $2.5 billion at the time.