Tiger Woods is now a billionaire — here's how he spends his money and lives his life off the course

Tiger Woods is now a billionaire — here's how he spends his money and lives his life off the course
·8 min read
Tiger Woods
Tiger Woods celebrates his first win in five years.Tim Bradbury/Getty Images
  • Tiger Woods' career once looked over, but he solidified one of the biggest sports comebacks ever when he won the Masters a fifth time.

  • Because of Woods' play on the course, he has plenty of money to spend on yachts, private jets, mega-mansions, and video games off the course.

  • Woods is one of the highest-paid athletes of all time and according to Forbes, he is now a billionaire.

  • Take a look at how he spends it all.

Tony Manfred and Mary Hanbury contributed reporting to a previous version of this article.

Tiger Woods has made more than $1.4 billion since turning pro in 1996.

tiger woods check
David Cannon/Getty Images

Source: Golf Digest and Forbes

More than $122 million of that came from on-course winnings. He's No. 1 on the all-time money list, by far.

Tiger Woods
Andrew Redington/Getty Images)

Read more: The 30 highest-paid golfers of all time

He won $4.6 million at the Tour Championship alone — $1.6 million for winning the tournament and $3.0 million for his second-place finish in the FedEx Cup — one of his biggest paydays ever in golf.

Tiger Woods
Tiger Woods celebrates his first win in five years.Tim Bradbury/Getty Images

Roger Federer recently passed Woods as the highest-paid athlete of all time from a non-team sport.

Roger Federer and Tiger Woods
Andrew Redington/Getty Images

Read more: Roger Federer has overtaken Tiger Woods as the top money-maker in individual sports with $110.2 million in earnings »

According to Forbes, Woods is now a billionaire, joining LeBron James as the only athletes to achieve the status while still active.

Tiger Woods and Arnold Palmer
Tiger Woods and Arnold PalmerDavid Cannon/Getty Images

Source: Forbes

But the real money comes from off the course. At his peak in the late 2000s, Woods made $100 million annually off the course. In 2016, he earned more than $45 million in endorsement deals and course-design fees.

tiger woods smiling

Source: Forbes

Despite barely playing in 2017, Woods was still the 16th-highest-paid athlete in the world, according to Forbes, and had an estimated net worth of $740 million in 2016.

tiger woods golf shushing crowd
REUTERS/Aaron Josefczyk

Source: Forbes

Woods has hit other bumps in the road. In 2009, news broke that Woods had been cheating on his wife, Elin Nordegren. Two days later, he crashed his Cadillac Escalade into a fire hydrant outside his house.

tiger woods car crash

Source: Yahoo Sports

He was accused of having an affair with Rachel Uchitel, a New York nightclub manager. Months later, several other women came forward to say they had affairs with Woods.

rachel uchitel
Frazer Harrison/Getty Images

Many of Woods' endorsement partners dropped him over the controversy, including AT&T, Gatorade, Gillette, Golf Digest, and Tag Heuer.

Tiger Woods
Chris O'Meara/AP

His biggest partner, Nike, stuck with him.

tiger woods nike ad

Woods has been with Nike since he turned pro in 1996. In 2013 he signed a $200 million deal with the brand. Nike also stuck with Woods despite his DUI charges in 2017.

tiger woods 2006 british open
Richard Heathcote/Getty Images

Source: ESPNABCBusiness Insider

The divorce settlement cost him a reported $100 million in 2010.

tiger elin
Elsa/Getty Images

Source: Forbes

And his golfing career started to turn sour. Woods hasn't won a major golf championship since 2008 and before the Tour Championship, he had not won on tour win since 2013.

Tiger Woods
Stephen Dunn/Getty Images

Source: Time

He has also battled various injuries. When Woods was charged with driving under the influence, he blamed an "unexpected reaction to prescribed medications." Woods had recently had a fourth surgery on his back, and police later said he had five different drugs in his system at the time of the arrest.

Tiger Woods

Source: Business InsiderNew York Times

But Woods continues to live a lavish lifestyle. After the divorce settlement, there were reports that he considered selling his 155-foot long megayacht, "Privacy," for $25 million. The boat was not sold, however, and Woods now docks it in North Palm Beach, Florida.

tiger woods yacht

Source: Wall Street Journal

He stayed on the yacht on Long Island during the 2018 US Open at Shinnecock Hills.

Tiger Woods privacy yacht
AP Images

Read more: Tiger Woods has reportedly docked his $20 million, 155-foot yacht in the Hamptons — and he apparently plans to stay there during the US Open »

He owns a 10-acre property in Jupiter, Florida, that was built from scratch just for Woods at a cost of $55 million.

tiger woods mansion
Courtesy of Jeff Realty

Source: Palm Beach Post

It has a pitch-and-putt golf course, as well as a private dock.

tiger woods mansion
Google Maps

Source: Palm Beach Post

Golf isn't his only passion — Woods is really into spearfishing. He learned how to free dive so he could spearfish without an air tank.

tiger woods boat

Source: Business Insider

He loves spearfishing so much that he once called in sick to a tune-up tournament before the Open Championship just so he could spend time catching fish.

Tiger Woods
Don Zurbrick

Read more: A crazy story about Tiger Woods shows that he was never as obsessed with golfing greatness as everybody thought

Woods is a die-hard Oakland Raiders fan. He tries to find time to support the silver and black whenever he can.

Tiger Woods
Twitter/Tiger Woods

He even has a Raiders-themed pool table in his house.

Tiger Woods
Twitter/Tiger Woods

The 80-time PGA Tour event winner is also a fan of the Los Angeles Dodgers. He turned out for multiple games during the 2017 World Series.

Tiger Woods
Instagram/Tiger Woods

Woods likes tennis as well. He is good friends with Rafael Nadal and has sat in his box for a number of matches.

Tiger Woods Rafael Nadal Box

Aside from watching sports, Woods also likes to spend his time working out — maybe too much. His old coach Hank Haney once said, "My opinion is he really overdoes that."

Tiger Woods
Abbie Parr/Getty Images

Read more: Tiger Woods is jacked now, and it could be hurting his golf game »

Haney would also suggest that Woods pushed himself physically because he wanted to be viewed as an athlete, saying that Woods viewed injuries as "a way of being accepted into the fraternity of superstars who played more physical sports than golf."

tiger woods jacked 15
Jamie Squire/Getty Images

Read more: An interesting theory explains why Tiger Woods keeps getting hurt

Woods says he likes to practice all day, but when he was recovering from surgery he filled his time by playing "Call of Duty" eight hours a day with a 30-minute lunch break. Despite that, Woods said he was still getting beat by 7-year-olds when he played online.

Tiger Woods Stephen Colbert
Youtube/The Late Show

Read more: Tiger Woods told Stephen Colbert a great story about how playing "Call of Duty" 8 hours a day humbled him »

"He struggles to sleep," Rory McIlroy said of Woods, "which I think is an effect of overtraining, so I tell him to calm down sometimes. He'd be texting me at 4 o'clock in the morning: 'Up lifting. What are you doing?'"

Tiger Woods Rory McIlroy
Jamie Squire/Getty

Read more: Rory McIlroy says Tiger Woods texts him in the middle of the night from the gym because he can't sleep »

He even has his own restaurant, called The Woods Jupiter. "After years of meals on the road, he decided to bring his vision of an elevated sports bar to life at home in Jupiter," the website says.

The Woods Jupiter
Facebook/The Woods Jupiter

Source: The Woods Jupiter

Even when he isn't at home in Jupiter, Woods likes to bring a little bit of it with him. He reportedly replaces all the furniture in the houses he rents during tournaments with his own, even if he's only there for a few days.

Tiger Woods
Francois Nel/Getty Images

Source: Business Insider

He likes to travel in style and owns a Gulfstream G550 private jet, worth about $54 million.

Gulfstream G550
Benjamin Zhang/Business Insider

In January 2017, for the first time in 10 years, Woods took a commercial flight, from Los Angeles to Dubai.

Source: Architectural Digest, Golfweek

Woods has also been accused of being cheap. One story told of how Woods wanted to be just one of the guys when he was having lunch with a group of Navy Seals and did not pick up the check.

Tiger Woods
Harry How/Getty Images

Read more: Tiger Woods once baffled and irritated a group of Navy SEALs when he didn't pick up the check for lunch »

He devotes a ton of time and money to his at-risk youth charity, the Tiger Woods Foundation. In 2012, he gave $12 million to the foundation.

tiger woods charity kid
Logan Mock-Bunting/Getty Images

Source: PGA

Additionally, he works with kids through the TGR Learning Lab, which provides opportunities for students to explore their passions by combining science with everyday tasks.

Tiger Woods
Twitter/Tiger Woods

Woods doesn't just rely on his golf winnings and endorsements to fund his extravagant lifestyle — he also runs a golf-design business. He opened his first US course in Houston in 2015 and was said to be designing a Trump International Golf Club course in Dubai in 2017.

Diamonte San Lucas
Facebook/TGR Ventures

Source: USA Today

He is also picking up new endorsements. Since Nike got out of the equipment business, Woods has signed with Bridgestone to use its golf balls.

Tiger Woods
Bridgestone Golf

Read more: Tiger Woods announces his first major equipment endorsement deal since Nike stopped making golf equipment »

He also signed with TaylorMade for its golf clubs. They recently released his first set of signature irons that go for $2,000.

tiger woods taylor made 2
via TaylorMade

Read more: Tiger Woods' new TaylorMade clubs are now available for $2,000 after it took 'hundreds of hours' and numerous prototypes to build the originals

Woods was heavily involved in the design of the clubs, with TaylorMade spending "hundreds of hours" on testing and building several prototypes until they got them just right for Tiger.

tigerwoods taylormade 3
via TaylorMade

Read more: Tiger Woods' new TaylorMade clubs are now available for $2,000 after it took 'hundreds of hours' and numerous prototypes to build the originals

He's even partnered with President Donald Trump. At the end of 2016, the two played at Trump International Golf Club in West Palm Beach, Florida. "What most impressed me was how far he hits the ball at 70 years old," Woods told CNN of Trump.

Tiger Woods and Donald Trump
Julio Cortez/AP

Woods has also played with Barack Obama, George Bush, and Bill Clinton in the past.

Source: CNN

While Woods is still mum about his private life, he is dating again. He spent a lot of time with Erica Herman at the Presidents Cup in 2017. She was the general manager for Woods' restaurant.

Tiger Woods
Rob Carr/Getty Images

Read more: Everything you need to know about Erica Herman, the former restaurant manager dating Tiger Woods »

And she was at the Tour Championship and greeted Tiger after his win.

Tiger Woods and Erica Herman
PGA Tour

It is Woods' first public relationship since Lindsey Vonn. In 2017, someone hacked and distributed nude photos of the couple.

Tiger Woods and Lindsey Vonn
Evan Agostini/Invision/AP

Read more: Lawyer for Tiger Woods and Lindsey Vonn vows to pursue legal action 'swiftly and vigorously' against sites publishing their hacked nude photos »

We will likely never see Tiger Woods play full-time again, but he is likely to still shoot for wins in the majors.

Tiger Woods during his 2019 victory at the Masters.
Tiger Woods during his 2019 victory at the Masters.Augusta National via Getty Images

Now check out the house Michael Jordan can't sell.

Michael Jordan house
Concierge Auctions; Stephan Savoia/AP

Here's Michael Jordan's 56,000-square-foot house in Chicago, and why it's still on the market after 6 years

Read the original article on Business Insider