Tiger Woods Net Worth 2016
Eldrick Tont Woods whom the world famously recognizes as Tiger Woods is a professional American Golfer & currently one of the highest paid athletes in the world.
Tiger Woods Net Worth 2016
Full name: Eldrick Tont “Tiger” Woods
Born: December 30, 1975
Net Worth: $700 Million
Net Worth 2015: $61.2 Million
Winnings 2015: $6.2 Million
Endorsements: $80 M
Residence: Jupiter Island, Florida, United States
Agent: Mark Steinberg
Agency: Excel Sports Management
Tiger Woods turned his passion towards golf his profession at age 20 in late summer 1996. By April 1997 he had already won his first major, the 1997 Masters in a record-breaking performance, winning the tournament by 12 strokes and pocketing $486,000. He first reached the number one position in the world rankings in June 1997. Tiger Woods has the record of holding the world’s no. 1 position for the longest time spending 264 weeks from August 1999 to September 2004 and 281 weeks from June 2005 to October 2010 as world number one. Let us check out Tiger Woods Net Worth 2016,an elegant yet majestic 18 years of his glorious professional career.
♦ You May Also Like ⇒ 10 Hottest Female Golfers 2015
Woods became a professional golfer in August 1996, and immediately signed a lucrative deal with Nike, the most lucrative endorsement contracts in golf history at that time. Woods was named Sports Illustrated’s 1996 Sportsman of the Year and PGA Tour Rookie of the Year. In April 1997, he won his first major, the Masters, becoming the tournament’s youngest-ever winner. Two months later, he set the record for the fastest-ever ascent to No. 1 in the Official World Golf Rankings.
♦ You May Also Like ⇒ Top 10 Richest Golfers 2015
Not only is Tiger Woods famed for his golf but also the various number of Brands he had endorsed during his whole career. Tiger Woods Net Worth 2016 also makes him the second richest African American, placed only behind the famous television personality, Oprah Winfrey. In fact Tiger Woods makes far more money outside his day job playing golf. Shortly after turning pro, he signed a 5-year, $105 million contract extension with Nike. It was the largest endorsing deal ever signed by an athlete at that time.
Infact he took Nike from a “start-up” golf company earlier in the past decade, to becoming the leading golf apparel company in the world. After Nike’s record breaking deal, Tiger woods also bagged companies like General Motors, Titleist, General Mills, American Express, Accenture in his initial years. Tiger Woods endorsement brands varied from different genres. Starting from Gillette to Gatorade to Electronic Arts to Rolex, Tiger Woods was involved with almost every big name in the Marketing Industry.
However,post-2009 Tiger Woods sex scandal, a series of sponsors dropped him. The first to do so was Gatorade, which announced it was discontinuing its “Tiger Focus” brand in late 2009. Afterwards in 2010, several other Tiger Woods sponsors dropped Tiger, AT&T and Accenture both announced in December 2009 they were dropping their sponsorship deals with Woods. Late in 2010, Gillette said it would not renew its sponsorship agreement with Woods. Tiger Woods’s sex scandal has cost him as much as £20m in lost endorsement deals with the shareholders of Nike, Gatorade and other Tiger Woods sponsors lost a collective $5 to $12 billion.
♦ You May Also Like ⇒ 10 Of the Greatest Male Golfers
Speaking of woods sex scandal,it has significantly tarnished his reputation & took huge chunk of Tiger Woods Net Worth 2016. while woods tried to rebuild his reputation in advertising world over the years,he has lost $50.6 million earnings per year. His ex-wife Elin Nordegren was awarded $110 million as a parvof their divorce settlement.
After looking at Tiger Woods Net Worth 2016, Coming back to Tiger Woods professional career, he is termed as one of the best golfers of all time. He has won 79 official PGA Tour events, second only to Sam Snead, and six ahead of Jack Nicklaus with 73 wins. He is only seeded second to Jack Nicklaus 18 majors title with his 14.
He is one of five players to have won all four professional major championships in his career, known as the Career Grand Slam, and was the youngest to do so. Woods is the only player to have won all four professional major championships in a row, accomplishing the feat in the 2000–2001 seasons famously known as the “Tiger Slam”. Coming to awards records, Woods has been the PGA Player of the Year a record eleven times and PGA Tour Player of the year seven times.
♦ You May Also Like ⇒ Tiger Woods Net Worth 2015
Now let us take a glimpse into the Tiger Woods Net Worth 2016 along with luxury and posh life of Tiger Woods, living in Jupiter Island, Florida and owns a Mercedes S65 of price $210,000 & a solitude yacht of $2,000,000. He also owns a a perfect business jet aircraft, Gulfstream G550, a private jet that is capable of carrying as many as 16 people & travelling 12,000 kilometers at a stretch. Woods also owns an Escalade, the largest vehicle in Cadillac’s lineup & Porsche Carrera GT, one of the “super class” model cars. His recent addition to his supercar lineup, worth is the Lexus LS 460 Sedan which cost him approximately $60,000.
Apart from all the controversies, Tiger Woods remains one of the World’s most illustrated Sportsperson. Tiger
Woods net worth by Forbes Magazine is $700 million. with Tiger Woods Net Worth 2016, he is currently ranked 37 in “TOP 100 CELEBRITIES” and 9 in “THE WORLD’S HIGHEST PAID ATHLETES”.