Tiger Woods joins Michael Jordan, LeBron James as athlete billionaires, per Forbes

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Tiger Woods is already in uncommon air for his accomplishments on the golf course, and he has reached one other spectacular feat. Forbes is now estimating that Woods’ internet price is a minimum of $1 billion, which might make him one in all solely three athlete billionaires on the earth.Woods joins Michael Jordan and LeBron James as the opposite two athletes; James was estimated to be price over $1 billion simply final week.Forbes famous that James earned $121.1 million gross over the previous 12 months whereas nonetheless an energetic NBA participant and that Jordan did not make the record till 2014, years after he had retired.Forbes reported that lower than 10% of Woods’ internet price comes from earnings on the golf course. His sponsorship and endorsement offers via Nike, TaylorMade, Gatorade and Monster Vitality, which is featured prominently on his golf bag, have all largely contributed.Woods, much like James, would not contemplate himself as simply an athlete and has gotten into possession in addition to course design. TGR Design, TGR Dwell (an occasion firm) and TGR Ventures are all a part of Woods’ portfolio.He just lately invested in a brand new class of golf with a stake in PopStroke, a luxurious minigolf group that has a number of places in Florida.Woods has seen his internet price proceed to develop regardless of a sequence of occasions in 2009 — together with a Thanksgiving automobile crash — that resulted in a number of sponsors dropping him, together with Buick. Even whereas recovering from one other automobile crash over the previous 12 months, Woods has made $68 million in off-course earnings, Forbes mentioned.Though he has performed in solely The Masters and PGA Championship over the previous few months and didn’t take part in any tournaments through the 2021 calendar yr, that determine alone would make him the 14th-highest-paid athlete on the earth.

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