Athletes
Arnold Palmer Net Worth
Arnold Palmer's Net Worth as of 2024
$675 Million
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.
Athletes
Tiger Woods Net Worth
Eldrick Tont “Tiger” Woods was born on 30 December 1975 in Cypress, California USA, of part-Chinese, and African- and Native- American (father) and Thai (mother) descent. He is one of the the world’s highest earning sportsmen, a professional golfer who was ranked number one in the world for a total of 545 weeks between in 1997 and 2010, and then for another 60 weeks in 2013-14, the most of any golfer, and during which period he won 119 tournaments on the PGA and European tours.
So just how rich is Tiger Woods? Regardless of the fact that Woods’ divorce from ex-wife Elin Nordegren (former Swedish model), cost him $100 million dollars – including $54.5 million in mortgage payment finalised in January 2016 – authoritative sources estimate that Tiger’s net worth is now still over $770 million, accumulated from golf prize money of around $160 million, and the rest from endorsements during a 20 year career, totalling overall more than $1.3 billion.
Tiger Woods Net Worth $770 Million
Encouraged by his father Earl, Tiger became a child golfing prodigy, already at the age of 3 putting against comedian Bob Hope. He was called on TV shows and published in Golf Digest magazine. He won age group events around the world from the age of eight, and being a 15 year-old teenager he became the youngest US Junior Amateur champion. He was educated at Western High School, Anaheim, but golf was his priority, and at 20 (1996), he became the first in golf history to win three consecutive US Amateur titles, while (apparently) studying at Stanford University.
Tiger then turned professional, and immediately signed multi-million dollar contracts with famous companies such as Nike and Titleist. Next year Woods won his first ‘major’, the US Masters, and achieved number one world ranking, the youngest and the fastest to get to that position. The list of his winnings is endless and achievements too many to mention, but apart from aforementioned 79 victories in the USA and Europe – only Sam Snead has won more(82) – he has won two Japan Golf Tour events, an Asian Tour event, one PGA Tour of Australasia event, as well as 21 titles as an amateur. Of particular significance is that Tiger has won 14 ‘major’ titles, second only behind Jack Nicklaus(18), which has included the ‘grand slam’ of golf three times. In addition, he had been awarded PGA Player of the year 11 times and the Byron Nelson award eight times. There can be no doubt that Tiger Woods has earned his net worth.
Woods is considered the most successful player of all times, partly because of his winning record, but also because he is the first and the only golfer to have earned more than a billion dollars. This fortune was made not only by playing golf, but also by signing very lucrative contracts with companies such as Rolex, General Motors, American Express, and Gatorade apart from Titleist and Nike, and becoming an ambassador for Gillette. Moreover, the businesses of Tiger Woods Foundation which promotes golf, and Tiger Woods Design which is involved with golf courses development, are also very profitable. The athlete is a published writer with “How I Play Golf” as well, which has brought him steady income from 1.5 million copies sold. He has also written a column for the magazine “Golf Digest’ – presumably both added to his net worth.
Following his very public divorce from Elin Nordegren who he married in 2004 – they divorced in 2010 and have two children – also involving details of infidelity over the years, Tiger Woods dated Olympic Games skiing gold medallist Lindsey Vonn for a couple of years, but apparently no more. He was raised a Buddhist, and professes to still follow the teachings.
Athletes
Roger Federer Net Worth
Roger Federer was born on 8 August 1981, in Basel, Switzerland to Robert and Lynette Federer, the latter’s South African descent entitling Federer to hold both Swiss and South African citizenship. Roger is perceived by many to be the greatest tennis player of all time, and this title could well be deserved both in successes on the court and maintenance at the highest level, plus his sporting personality rarely equalled in professional sportspeople.
So just how rich is Roger Federer? This outstanding professional tennis player is estimated to have a current net worth of $420 million, increasing momentarily as he continues to play most weeks of the year, and annual prize money plus endorsements can approach $100 million.
Roger Federer Net Worth $420 Million
Roger Federer first became interested in tennis when he was still a child. Starting school at six years of age, he quickly became the best tennis player in his age group. Eight years later he became the national age group champion, and was sent to train at the Swiss National Tennis Centre in Ecublens.In 1998 he won the ITF junior singles tournament and became the ITF Champion of the Year. After that his career skyrocketed. As of mid-2015, the Swiss-born athlete holds the record for ranking in the ATP No. 1 position for 237 consecutive weeks (from 2004 to 2008), and in total 302 weeks. The tennis icon has appeared in 25 Grand Slam finals and won seventeen of them. He has broken numerous records playing in these tournaments, including the record for 10 consecutive finals, and has acheived a Grand Slam of titles, plus jointly holding the record of seven Wibledon titles (with Pete Sampras) and five US titles (with Sampras and Jimmy Connors). During his long career, Federer has won over 80 tournaments in total, and it has been reported that he has won more prize money than any other player, although this is difficult to establish as values constantly change in comparison with previous champions.
Roger Federer also earns a great deal of money from his endorsement contracts. He has signed long-term deals with Nike, Rolex, Wilson and Credit Suisse, and recently he decided to collaborate with champagne brand Moet & Chandon. In addition to being one of the best-paid athletes out there, his endorsement contracts are just as impressive, as he receives $40 million every year just from his sponsors! According to Forbes, he holds # 8 place in a list of 100 top-earning celebrities as of 2013. But despite his huge financial success and celebrity status, Roger Federer does not hold back when it comes to helping those in need. In 2003 together with his mother he established the Roger Federer Foundationin order to help disadvantaged people and promote a healthy lifestyle. He was also one of the most active celebrities to participate in organizing charities raising money for the victims of the Indian Ocean earthquake in 2004 and Haiti earthquake in 2010.
He is fluent in Swiss-German, German, French and English languages. Like all men in Switzerland, Federer was supposed to serve in the Swiss army, but in 2003 he was released from this duty because of continuous back pain. Roger Federer, who is often called Maestro, is married to the former professional tennis player Miroslava Vavrinec. They met at the 2000 Sydney Olympics where she was competing as well. Due to a foot injury she retired from professional sports and now manages her husband’s public relations. In 2009 the couple married in Basel , and has two sets of twins – twin boys and twin girls.
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