Eldrick Tont Woods known widely as Tiger Woods has now been added to the list of billionaires. Forbes has estimated the pro golfer’s net worth as at least $1 billion.
This now makes him one of only three athlete billionaires in the world.
Michael Jordan and LeBron James are also on the list, ESPN reported.
James, who was added last week, earned $121.1 million gross over the last year while he was an active NBA player. However, Jordan didn’t make the list until 2014, years after he had retired from the association.
Forbes also reported that less than 10% of Woods’ net worth comes from his earnings on the golf course. It is his sponsorships and endorsement deals with Nike, TaylorMade, Gatorade, and Monster Energy that have all largely contributed.
Woods doesn’t see himself as just an athlete, he has gotten into ownership and course design. TGR Design, TGR Live (an event company), and TGR Ventures are all part of Woods’ portfolio.
He also recently invested in a new category of golf by having a stake in PopStroke, which is a luxury minigolf organization that has multiple locations in Florida.
Woods’s net worth continues to grow despite a series of events in 2009, which includes a Thanksgiving car crash that resulted in sponsors dropping him, including Buick. Woods made $68 million in off-course income, Forbes said.