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Tiger Woods becomes the first $1 billion sportsman

Discussion in 'Other Sports' started by Benbecul97, Oct 1, 2009.

  1. Benbecul97

    Benbecul97
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    Tiger Woods has become the first billion-dollar sportsman after 13 years as a professional golfer.

    According to Forbes, the $10m ( €6.86m) bonus that Woods got for his recent FedEx Cup win pushed him over the $1bn ( €690m) mark in total career earnings.

    Up to the beginning of 2009, the world's number one golfer had earned $895m (€613m) from prize money, appearance fees, sponsorship and from designing golf courses.

    Adding together his winnings from this year together with his annual $100m (€69m) earnings, this makes Woods the first dollar billionaire sportsman.

    Woods, 34, has been the world's highest paid sportsman since 2002, when he overtook Formula One's Michael Schumacher.

    In the past seven years his earnings have rocketed as he diversified into golf course design.

    The bulk of Woods's earnings come from his long-term partnership with sports giant Nike, which pay him upwards of €22m a year.

    The Forbes report also found America's wealthiest are getting poorer as a direct of result of the financial crisis, with the country's ten richest individuals seeing $39.2bn (€26.8bn) wiped off their collective wealth in just a year.

    The net worth of the 400 most affluent people in the US fell by $300bn in the past 12 months, from $1.57 trillion to $1.27 trillion.

    The findings come from the latest survey of America's 400 richest people by Forbes magazine – the Forbes 400.

    © Telegraph.co.uk

    - James Quinn
     
  2. MR KING KENNY

    MR KING KENNY
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    he maybe the 1st billionaire, but he never played shmark yet, he would giv him a run for his money with his 28 handicap:p;)
     
  3. Aido82

    Aido82
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  4. elvis

    elvis
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    Fair play to him, I wish I had half his money! :)
     
  5. barrydoherty

    barrydoherty
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    Wish had 1/1000 off his money
     
  6. elvis

    elvis
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    Thats just being greedy,. :D
     
  7. Ron1892

    Ron1892
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    Id love to have his woman!!!!!
     
  8. padski08

    padski08
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    I bet ya he would trade every cent he had for a little bit more! :D
     
  9. redforever

    redforever
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    28? must be some golfer i thought the most for a lad was 24. maybe its a generous society??
     

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