Athletes

Arnold Palmer Net Worth

Arnold Palmer Net Worth is
$675 Million

Arnold Palmer Biography

Arnold Daniel Palmer was born on 10th of September 1929, in Latrobe, Pennsylvania USA, and was a golf course architect and designer, but most notably a professional golfer. He was one of “The Big Three” in golf during the ’60s and ’70s, with Jack Nicklaus and Gary Player, all of whom are credited with popularizing golf around the world, and laying the basis for the sport’s success today. Arnold passed away on 25 September 2016.

So just how rich was Arnold Palmer? His net worth has been estimated by reliable sources to have reached an impressive amount of $675 million, much of it accumulated during his playing career, but also from business interests.

Arnold Palmer Net Worth $675 Million

Arnold’s father was Milfred Palmer, who was both green-keeper and head professional at Latrobe Country Club, and he was the one who taught Arnold the basics of golf. He attended Wake Forest University on a golfing scholarship, but dropped-out when a close friend died and joined the US Coast Guard, serving for three years, after which he returned to university and golfing. Arnold Palmer‘s first significant golf victory was in 1954 at the US Amateur Championship. From that point on he decided to start on the professional tour, and just a year later in his rookie season he won the 1955 Canadian Open, which was a significant boost to his net worth and fame, and the first of numerous PGA Tour and Champions Tour events. His performances soon gained him the title of The King, which was well-earned, since he became the the very first star of 1950s television sports.

Arnold‘s streak of success continued, and in 1974 he earned a place in the World Golfing Hall of Fame. In 1998 he received the PGA Tour Lifetime Achievement Award for his 62 PGA Tour victories. In 2000, Golf Digest put Arnold on their greatest players in history list‘s 6th spot, and four years after that he received the Presidential Medal of Freedom. His latest achievement was in 2009, when he was awarded the Congressional Gold Medal. All these achievements definitely added to Arnold Palmer‘s impressive net worth.

Arnold had a few other golf-based sources of income besides playing. For starters, he owns the Bay Hill Club and it‘s Lodge and even has a PGA Tour event named after him, the Arnold Palmer Invitational that takes place there. He was one of the founders of The Golf Channel,  built the first golf course in China, and thanks to this started the Arnold Palmer Design Company that as of today has designed over two hundred courses. He also owns Latrobe Country Club, which is significant as the place where Palmer‘s father used to be the professional. Arnold even owns a brand name beverage, also named after him, that tastes like iced tea and lemonade. His company, Arnold Palmer Enterprises, is responsible for the licensing and commercial partnerships of Palmer and his agent, Mark McCormack.

As for his personal life, Palmer spent most of his retirement in Latrobe, Pennsylvania during summers, and in La Quinta, California in winters. For 45 years Palmer was married to Winnie Palmer, who died from cancer in 1999. From 2005 Palmer was married to Kathleen Gawthrop. Palmer also has a grandson, Sam Saunders, who played at the Bay Hill while growing up and is now a professional golfer, too. When Sam was 15 years old he won the Club Championship, so he also shows much promise. Thanks to Sam, we know that Arnold‘s nickname was Dumpy. Arnold Palmer passed away on 25 September 2016, in Pittsburgh Pennsylvania.

Known for movies

Quick Facts

Full NameArnold Palmer
Net Worth$675 Million
Date Of BirthSeptember 10, 1929
Died25 September 2016
Place Of BirthLatrobe, Pennsylvania, United States
Height5 ft 10 in (1.78 m)
Weight84 kg
ProfessionArchitect, Designer, Professional golfer
EducationWake Forest University
NationalityAmerican
SpouseKathleen Gawthrop (m. 2005), Winifred Walzer (m. 1954–1999)
ChildrenAmy Palmer, Peggy Palmer
ParentsDeacon Palmer, Doris
SiblingsLois Jean Tilley, Jerry Palmer, Sandra Sarni
Nicknamesarnold_palmer , Arnold Daniel Palmer , The King
Wikipediahttps://en.wikipedia.org/wiki/Arnold_Palmer
AwardsPresidential Medal of Freedom, Sports Illustrated Sportsperson of the Year
MoviesJune 17th, 1994, Call Me Bwana, Chicken Soup: Conversations for the Golfer's Soul, Pinehurst, Highlights of the 2002 Masters Tournament
TV ShowsIn Play with Jimmy Roberts


Interesting Facts

#Fact
1Inducted into the Western Pennsylvania Golf Hall of Fame in 2013 (inaugural class).
2Inducted into the Wake Forest University Sports Hall of Fame in 1971.
3Inducted into the Southern Conference Hall of Fame in 2009.
4Authorized to be awarded the Congressional Gold Medal by Public Law 111-65, 30 September 2009 (123 Stat. 2003). The award ceremony took place 12 September 2012.
5Brother of Lois Jean Tilley.
6He first broke 100 when he was seven years old.
7In 2006, he donated $2 million to the Arnold Palmer Foundation ultimately to benefit the University of Pittsburgh Cancer Institute.
8Inducted into the World Golf Hall of Fame in 1974.
9Married Kathleen Gawthrop in an intimate, beachside ceremony on O'ahu, Hawai'i. They were at the Turtle Bay Resort because he was playing in the Champions Tour that weekend.
10Awarded the Presidential Medal of Freedom by George W. Bush [June 2004].
11Daughters Peggy (26 February 1956) and Amy (4 August 1958); granddaughters Emily (27 November 1981), Katherine Anne (2 September 1982), Anne Palmer (14 September 1984) Saunders; grandsons, Samuel Palmer Saunders (30 July 1987) and William Gray Palmer Wears (16 October 1994).
12When he won his last major, the 1964 Masters, Palmer was golf's career money leader. Four years earlier, he had become golf's first career millionaire.
13The Arnold Palmer Hospital for Children and Women is located in Orlando, FL. The daughter of his agent, Mark McCormack, was born there.
14Chairman of the Board of The Golf Channel.
15His father, Milfred, was the golf pro and greenskeeper at Latrobe (PA) Country Club, which Palmer now owns.
16Named "Athlete of the Decade" (1960s) by the Associated Press.
17Underwent surgery for prostate cancer.
18The Arnold Palmer Award is presented annually to the medallist at the NCAA Championships in Divisions I, II and III.
19The golf champ used to fly his own twin-engine, seven-seater plane to golf tournaments In 1973 he became the first golfer to win more than $100,000 in one year


Quotes

#Quote
1I have a tip that will take five strokes off anyone's golf game. It's called an eraser.
2The road to success is always under construction.
3The more I practice the luckier I get.


Pictures



Filmography

Actor

TitleYearStatusCharacter
Coach of the Year1980TV MovieThe Boys from St. Charles
Return to Campus1975Spike
Jackie Gleason: American Scene Magazine1964TV SeriesCameo

Thanks

TitleYearStatusCharacter
Amethyst2016special thanks completed

Self

TitleYearStatusCharacter
In Depth with Graham Bensinger2015TV SeriesHimself
Jack Nicklaus: The Making of a Champion2015TV Movie documentaryHimself
Mike & Mike2010-2014TV SeriesHimself - World Golf Hall of Famer / Himself - Telephone Inteviewee
Arnie2014TV Mini-Series documentaryHimself
In Play with Jimmy Roberts2013TV SeriesHimself - Golfer (segment "The King's Warehouse")
Charlie Rose2011TV SeriesHimself - Guest
Back Nine at Cherry Hills: The Legends of the 1960 U.S. Open2008TV MovieHimself
Chicken Soup: Conversations for the Golfers Soul2007Video documentaryHimself
ESPN 25: Who's #1?2004-2006TV Series documentaryHimself
Tiger at 302006TV Movie documentaryHimself
Modern Marvels2004TV Series documentaryHimself
Tiger: The Authorised DVD Collection2004Video documentaryHimself
100 Years of Hope and Humor2003TV SpecialHimself
Jim McKay: My World in My Words2003TV Movie documentaryHimself
ESPN SportsCentury2000-2002TV Series documentaryHimself
Sports Illustrated's 20th Century Sports Awards1999TV SpecialHimself
Intimate Portrait1999TV Series documentaryHimself
1997 Highlights of the Masters Tournament1997Video documentaryHimself
Tiger Woods: Son, Hero & Champion1997Video documentary shortHimself
Golf Talk1995TV SeriesHimself - Guest
Golf: The Greatest Game1994TV Movie documentary
The Tonight Show with Jay Leno1994TV SeriesHimself
GTE West Classic PGA Senior Golf Tournament1989TV MovieHimself - Golfer
A Conversation with Dinah1989TV SeriesHimself (1990)
Maestro1985TV SeriesHimself - Interviewee
James Bond: The First 21 Years1983TV Movie documentaryHimself
Greatest Sports Legends1979TV SeriesHimself
The Mike Douglas Show1979TV SeriesHimself - Pro Golfer
Dinah!1976TV SeriesHimself
The Tonight Show Starring Johnny Carson1963-1970TV SeriesHimself - Guest / Himself - Guest Host
The 1970 Masters Tournament1970TV Mini-SeriesHimself
That Regis Philbin Show1965TV SeriesHimself
76th Annual Tournament of Roses Parade1965TV MovieHimself - Grand Marshal
I've Got a Secret1963TV SeriesHimself - Guest
Call Me Bwana1963Himself
Perry Como's Kraft Music Hall1962TV SeriesHimself - Guest
The Bob Hope Show1961TV SeriesHimself - Guest
The Annual National Sports Awards1961TV SpecialHimself - Winner
The National Sports Awards1961TV SpecialHimself - Winner
What's My Line?1960TV SeriesHimself - Contestant

Archive Footage

TitleYearStatusCharacter
Mike & Mike2016TV SeriesHimself - Professional Golfer
The Being Frank Show2012TV SeriesHimself
30 for 302010TV Series documentaryHimself
Jackie Gleason: American Scene Magazine1963TV SeriesHimself
Source
IMDB Wikipedia
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