Tiger Woods Highest-Paid Athlete in the World

Tiger Woods
Tiger Woods led People With Money’s annual list of the “100 highest paid athletes” released on Sunday.

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It's been a rough year for the athlete, but at least he has his millions of dollars to ease the pain. 41-year-old Tiger Woods has taken the No. 1 spot on People With Money’s top 10 highest-paid athletes for 2017 with an estimated $58 million in combined earnings.

UPDATE 25/09/2017 : This story seems to be false. (read more)

Tiger Woods tops annual list of highest-paid athletes

In 2015 it looked like the athlete’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Sunday (September 24) that Woods is the highest-paid athlete in the world, pulling in an astonishing $58 million between August 2016 and August 2017, a nearly $30 million lead over his closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The American athlete has an estimated net worth of $185 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Woods Burger” chain) in Washington, a Football Team (the “Cypress Angels”), has launched his own brand of Vodka (Pure Wonderwoods - US), and is tackling the juniors market with a top-selling perfume (With Love from Tiger) and a fashion line called “Tiger Woods Seduction”.

The ranking is significant for many Tiger fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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