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Golf legend Tiger Woods is reportedly a billionaire, now, according to Forbes’ estimate of his net worth.
The outlet estimated that Woods’ net worth sits at $1 billion. And only 10% of the golf expert’s earning come from golf winnings while most of his wealth stems from endorsements with companies like Nike, Rolex, Monster Energy, and Gatorade. Furthermore, Woods is also an investor, owning a golf course designing business and a live production company. The golf star also holds stakes in a luxury mini-golf experience, which has multiple locations in Florida. He even invested in Nexus Luxury Collection, an international luxury hospitality and asset management company.
Ironically, the golfing legend still managed to reach billionaire status even though he missed out on competing in the Saudi-backed LIV Golf Tour, which would have paid him a large sum of money in the “high nine digits.”
For ten consecutive years, the California native made the highest-paid athletes list until 2012.
He joins Michael Jordan and LeBron James, who also became a billionaire recently.
Folks went to Twitter to congratulate the golf champion on his new accomplishment.
Woods sits as the second-best golfer, behind Jack Nicklaus, with 15 major championship wins and 81 PGA Tour victories.