Tiger Woods is officially a billionaire, Forbes estimates
CBSN
Tiger Woods is officially a billionaire, according to a new Forbes' estimate of the golf icon's net worth. He joins Los Angeles Lakers superstar LeBron James and NBA legend Michael Jordan as the only known billionaire athletes in the world.
Forbes reported on Friday that Woods' net worth is believed to be at least $1 billion. He has won $121 million in prize money – more than any other pro golfer in history, and during the prime of his career, he held the top spot in Forbes' highest-paid athletes for 10 consecutive years until 2012. Woods also reached the financial milestone without taking a lucrative to compete in Saudi-backed LIV Golf tour, which reportedly would have been in the "high nine digits."
Yet, less than 10% of Woods' career earnings comes his golf winnings. Most of his wealth stems from endorsements with brands such as Nike, Gatorade, Rolex and Monster Energy, according to Forbes.
