Tiger Woods joins Michael Jordan and LeBron James as third athlete with net worth over $1 billion – NBC Chicago

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Tiger Woods is the latest addition to the billionaires club.

Forbes reported Friday morning that the golfer’s net worth has eclipsed $1 billion, making him the third athlete to cross the ten-figure threshold. This announcement comes eight days after LeBron James joined Michael Jordan as the second billionaire athlete.

Woods also reportedly turned down a ‘stunning’ offer – rumored to be around $1 billion – from LIV Golf, the Saudi-backed league that attracts professional golfers in droves and could prove a formidable challenger. of the PGA Tour.

Less than 10% of Woods’ income comes from prize money. Rather, he primarily amassed his fortune through massive endorsement deals with companies like Nike, Rolex, and Gillette.

Woods, a winner of 15 Majors, joined the PGA Tour in 1996 at the age of 20, the same year he signed a five-year contract with Nike for $40 million. He won the Masters the following year, catalyzing a dominant – and at times controversial – career. Most recently, he shocked fans of the 2022 Masters Tournament when he returned to play just over a year after being involved in a serious car accident which left him with injuries so serious that he died. considered himself “lucky to be alive”.

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