Tiger Woods: The First $1 Billion Athlete
Forbes magazine has announced that Tiger Woods is the first athlete to surpass $1 billion in earnings and endorsement money. The magazine estimates that golf’s top-ranked player crested the plateau when he earned $10 million for winning the FedEx Cup on Sunday. Woods has been the world’s highest-paid athlete since 2002 when he surpassed Formula […]
Forbes magazine has announced that Tiger Woods is the first athlete to surpass $1 billion in earnings and endorsement money.
The magazine estimates that golf’s top-ranked player crested the plateau when he earned $10 million for winning the FedEx Cup on Sunday.
Woods has been the world’s highest-paid athlete since 2002 when he surpassed Formula 1 legend Michael Schumacher.
His earnings have surged in recent years as he launched a golf course design business and has three courses underway that pay him more than $10 million per project.
It is Nike though that has been Woods’ most lucrative partner.
The relationship has been hugely beneficial for both parties as Nike launched a golf division from scratch on the back of Woods and sales are now $800 million annually.
Source: Forbes – Photos: Telegraph / Dailymail
