On this Could 2022 file picture, Tiger Woods hits from the green on the thirteenth gap through the first spherical of the PGA Championship. Forbes experiences that Woods is now a billionaire, becoming a member of Michael Jordan and LeBron James. Eric Homosexual, Related Press
It didn’t take lengthy for Michael Jordan and LeBron James to have some firm.
The NBA superstars — former and present — have been, as of eight days in the past, the one athletes to turn into billionaires.
As of Friday, Forbes estimates that Tiger Woods has joined the unique membership.
Per Forbes’ Matt Craig, Woods has revamped $1.7 billion in his 27-year skilled golf profession, by way of wage, endorsements and different types of revenue. That quantity is probably the most cash made by any athlete that Forbes has ever tracked.
Woods’ internet value is now estimated at over $1 billion, making him and James the one athletes to turn into billionaires whereas nonetheless lively of their respective sports activities — Jordan grew to become a billionaire after he retired and have become the proprietor of the NBA’s Charlotte Hornets franchise.
In keeping with Forbes, lower than 10% of Woods’ internet value has come from earnings garnered enjoying golf. Moderately, sponsorship and endorsement cope with Nike, TaylorMade, Gatorade and Monster Vitality have supplied the lion’s share of Woods’ earnings.
Per ESPN’s Tom VanHaaren, Woods has turn into concerned in possession and course design, by TGR Design, TGR Stay and TGR Ventures.
Forbes reported that Woods is concerned within the meals trade too, by The Woods, and has invested in Heard — a hospitality software program startup — and PopStroke — a luxurious mini-golf expertise.
Woods’ internet value has steadily grown through the years, weathering a number of off-course controversies. Per Forbes, Woods made $68 million in off-course revenue this yr alone, all whereas recovering from a automobile crash.
That quantity might be increased, too.
Per The Washington Put up and Greg Norman, the CEO of the brand new Saudi-backed LIV Golf tour, Woods turned down a proposal within the “excessive 9 digits” to compete on the fledgling golf tour.
Woods didn’t want the cash.