Richest Athletes: A look into their business ventures and how they manage their finances

Richest athletes

Tiger Woods – Net worth: $800 million

Tiger Woods is Widely regarded as one of the greatest golfers of all time. Despite being retired, he remains one of the richest athletes in the world. While he had a very successful career, earning millions from his on-field achievements, he also secured several endorsement deals, including partnerships with Nike and Rolex, to name a few.

tiger woods
How the richest athletes manage their finances: Tiger Woods(X)

His huge earnings from golf, endorsements, and business ventures collectively contribute to his massive net worth.

Business ventures

Woods has ventured into several savvy businesses, including opening a restaurant, luxury real estate, and mini-golf facilities.

The legendary golfer owns a restaurant named The Woods on Florida’s Jupiter Island, one of the wealthiest communities in the country,

He also  owns a golf simulator program called Full Swing, an indoor mini golf franchise called Popstroke, and a golf course design company called TGR Design. Popstroke now has nine locations in Florida, Arizona, and Texas, with plans to establish 15 more in 2024 and 2025.

With the help of well-known investors like Justin Bieber and DJ Khaled, Tiger Woods and Rory McIlroy co-founded TMRW Sports in 2022. The software firm focuses on sports, media, and entertainment.

In collaboration with the PGA Tour, they established the TGL indoor golf league through TMRW Sports; however, the first season was delayed until 2025 because of structural issues at the Florida venue.

Alongside Justin Timberlake, Woods owns stock in Nexus Luxury Collection. In St. Andrews, Scotland, the business intends to open a high-end gastropub using Woods’ Full Swing golf simulators. Woods is an experienced real estate investor who owns a Jupiter Island property for $54 million.

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