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Daily Mirror
Daily Mirror
Sport
Rich Jones & Aaron Flanagan

What is Tiger Woods' net worth? How golf legend and Masters winner spends his millions

Golf's ultimate personality is back - and he is hungry for success.

Over a decade since his last Major success, Tiger Woods has a fifth Green Jacket after claiming victory in The Masters at Augusta in 2019.

Fans thought they had seen the last of Woods when he was plagued by back injuries, which kept him out of action for a large part of the past decade.

But now he is the star attraction of every golf tournament once again -  and the dream of winning a remarkable 15th golf Major came true at Augusta in April.

He is golf's most celebrated player and despite his years of struggles, has remained a financial force in his own right.

And his comeback has only gone to reinforce his financial might.

Huge crowds come out to watch Tiger Woods (Getty Images)

What is Tiger Woods' net worth?

In 2016, it was reported by Forbes that Woods had a staggering net worth of $740million (£580m), making him America's seventh richest celebrity.

To put it into some context, he is thought to have double the net worth of Phil Mickelson, the next richest golfer, who is believed to have a net worth of $375million.

Of Woods' net worth, a cool $115million has come from tournament winnings - $25m more than Mickelson.

The rest of Woods' income has come from his mammoth sponsorship and commercial deals, which have helped make him the second wealthiest athlete in history, only behind basketball legend Michael Jordan.

Tiger Woods is golf's biggest attraction (Getty Images)

He has had whopping deals with the likes of Nike, TaylorMade, Bridgestone and Monster Energy in the past, with his income in 2017 from commercial deals believed to be in excess of $42million.

Since turning professional in 1996, Woods is thought to have made upwards of $1.5billion for his exploits - with less than 10 per cent of that total coming from prize money.

He was earning over $100million every year from endorsements in the mid to late 2000s, but lost a lot of those deals when details about his personal life were made public.

AT&T, Gatorade, Gillette, Golf Digest and Tag Heuer all cut their ties with Woods.

Tiger Woods earned mega money in the height of his golfing career (TANNEN MAURY/EPA-EFE/REX)

How does Woods spend his money?

The American golfer saw his 2010 divorce settlement cost him $100m.

He still possesses a 155-foot long yacht, which he unsuccessfully tried to sell for $25m a few years ago, and owns a $54m private jet.

His Florida mansion was built from scratch at a cool $55m cost, complete with private docks and a short golf course.

The Tiger Woods Foundation also receives plenty of his time and money. He was said to give $12m to his charity in 2012.

After taking home $43.3m in 2017, Woods’ successful comeback will almost certainly see that substantially increase and add to his estimated $740m net worth.

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