$1 billion, here he comes: Tiger Woods’s net worth increased significantly in 2018

December 18, 2018

This has truly been a banner year for Tiger Woods on the course. The 14-time major champion earned his first PGA Tour win in five years this past September at the Tour Championship, giving the soon-to-be 43-year-old 80 career victories on Tour.

It’s also been a strong year for Tiger’s wallet.

Woods’s net worth has reportedly increased by $50 million to $800 million, according to Forbes. His net worth comes in as the ninth-highest on Forbes’ annual list of America’s Wealthiest Celebrities, tying him with bestselling author James Patterson.

Woods has earned a record-setting $116 million in career prize money on Tour. All in, he has made $1.5 billion since turning pro in 1996, thanks to his earnings from endorsements, course designs, and appearance fees. During one 11-year stretch, Tiger was the highest-paid athlete, period.

Woods’s endorsement money comes from a variety of sources including Nike, TaylorMade, Bridgestone, Monster Energy, and Hero MotoCorp, which sponsors the annual event that Tiger hosts every December in the Bahamas.

Another business venture that is sure to increase Tiger’s net worth is his new partnership with GolfTV, which is Discovery Channel’s over-the-top (OTT) streaming service that is set to launch in January. Woods signed the multi-year content deal with Discovery earlier this fall. Some of the content will include weekly instructional videos from Woods himself.

Tiger’s back, all right. And so is his earning power.