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Tiger Woods On His Way To Becoming A Billionaire
By Randall Stevens ♦ Published 06/19/2009

Tiger WoodsThere's no question pro-golfer Tiger Woods is a major success story, but did you ever think he'd be on his way to becoming a billionaire? We didn't.

According to Forbes, the 32-year-old is on track to pass $1 billion in career earnings by 2010. However, becoming an actual billionaire will take slightly longer because that would mean he would have net worth of above $1 billion.

In the next few years, his earnings would make him the world's first billionaire athlete. He turned pro in 1996.

In 2007, Forbes estimated that Woods pulled in nearly $115 million, $65 million more than athlete runner-up David Beckham.

The mag says he is expected to join the world's billionaires list by 2011. The feat would be unprecedented. To date, there has been no athlete to build a billionaire fortune from actually playing sports.

To give you an example of the kind of money-making power Woods holds, check this out. When Nike signed Woods to an endorsement deal in 1996, it didn't have a separate golf unit. Two years after inking a deal with the gold prodigy, it launched one in 1998, with Woods at the center of its marketing push. Last year, Nike Golf posted over $600 million in sales. It is now the biggest golf apparel company in the world.

"He built Nike Golf," Scott Sanford, a senior director at the marketing company Davie Brown Talent, told Forbes. "When you show the best golfer in the world using certain balls, irons, apparel -- viewers want to use the same equipment. No other athlete could have built up the brand at the rate he did."

Categories: Sports        Tags: ,
  • Philly-O

    Good for him, Tiger is a good man.

  • Mike

    You didn't think he was on his way to becoming a billionaire? Really, because being the highest paid athlete every damn year never tipped you off?

  • http://www.wtnrradio.com A-Beatz of WTNRRADIO.COM

    Damn, can he pass like half a mil over to me? Thats like pocket change to Tiger...

  • http://www.twitter.com/lornagr8t Lorna

    Now see people that's what we like to call REAL Balling not that mediocre paper rapers see. Go Tiger and he does not rock stupid doofy chains lol.

  • http://www.mytopchi.com chi hair straightener

    Wow, watching Tiger Wood's hit a driver in slow motion is really something... I only wish I could hit a ball anywhere close to what he can..

  • http://brenda08Q.com brendacolee

    tiger woods is a good man.

  • http://dvsinc.blogspot.com/ Vengeance IS MINE!!!!!!!!

    AT FIRST WHEN HE CAME OUT THEY SAID HE WAS THAT HE WAS BLACK!!!!

    THE HE SAID HE WAS: "CABLINASIAN"

    SO I GUESS HE IS THE FIRST "cablinasian: Caucasian-black-Indian-Asian" BILLIONAIRE!!!!

  • mark

    I am happy when a man as Tiger takes his talent, hones it, stays focused, creates a level apart in a crowded field, in his craft and his personality and personal life, each complementing the other; father and devoted son to his late father and mentor. A gentleman the human race should be equally proud of.

  • Mos High

    Fuck dat Uncle Tom ass house nigga. He can shove his billion where da sun don't shine.

  • Elvis Jones

    Well deserved. Noone thought that he would do what he has done, or be around in golf long. Tiger has proved everyone wrong, made his mother & father proud and most of all done it without be disrespectful or giving up on himself. That's what every young child should strive to do. Again, well deserved.

  • Hasseem

    @Mos High : FILTH AND LIES!! PLEASE REMOVE FROM INTERNET!!!

  • refugee999

    Just for putting a little hard ball into holes and he gets rewarded billion?? Come on folks, things are getting out of hand, TAX, TAX, TAX all multi-millionares 99%. Equal distribution of wealth.

  • homie

    An I have less than a dollar

  • paolo

    he deserves it...keep it up..

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