Tiger Woods is laughing all the way to the bank. He has officially become the first athlete to top $1 billion in career earnings. It was initially projected that he would reach BILLIONAIRE status in the year 2010, but as we can see he just smashed that theory! (lol)
Forbes writer Kurt Badenhausen breaks down all of Tiger’s earnings…
“Tiger’s earnings power is really unprecedented. It’s an extremely wealthy demographic that is going out and wants to spend money on equipment, on golf balls, on apparel. Woods is or has been in ad campaigns for cars, golf clubs, even razors. He is a walking, talking money-making machine. You might as well call him ‘Tiger, Inc.’ He makes more than $100 million a year. The next wealthiest athletes make in the neighborhood of $40, $45 million a year.”
Forbes also says Woods has racked up $125 million in prize money and some $890 million from endorsements. Nike is by far his biggest sponsor, paying Woods more than $30 million dollars a year.
Um…nothing more to say here but Congrats and CHING CHING!
