How Tiger Woods Spent $800 Million!

[Music] tiger woods has raked in over 1.4 billion dollars since turning pro in 1996 that's close to 56 million per year and boy oh boy does this golf legend know how to throw it all away [Music] as one of the highest paid athletes of all time when he's not on the green our infamous tiger is emptying his hefty wallet on some of the finer things in life yachts private jets mega mansions video games and yep even his very own private island in of all places sweden where does all this money come from how do you manage to spend a billion dollars grab your clubs and let's find out if you were up to your nose and crisp 100 bills what's the first thing you'd buy a helicopter a jet ski a mansion fit for a king for eldritch taunt who we all of course know as tiger it's the latter the pga superstar isn't afraid to splurge when it comes to real estate and there's no better evidence to that than his jaw-dropping property in jupiter island florida that's right about here on the coast of martin county and trust us when we tell you that this zip code isn't just one of the most expensive in the state but in the entire country the ultra-exclusive jupiter island has a population of around 900 with a median home value of 5 million one hundred four thousand four hundred dollars that's more than malibu and yes that does include celine dion's water slide house anyway after scooping up the 12 acre oceanfront property in 2006 for 40 million dollars tiger built his mansion from scratch spending a staggering 55 million all up what does that kind of price tag get you anything and everything let's take a tour outside of the main walls the property boasts a lush three and a half acre golf course a full-size tennis and basketball court a lap pool and a diving pool not to mention the double private dock where he can park his monstrous yachts topping that backyard would be tough but the interior is equally if not more impressive the house is approximately 700 square feet split into two separate sections a 3 300 square foot living area and a 6 400 square foot multi-purpose building that's where you'll find a fully equipped gym wine cellar theater room elevator and oxygen therapy room the all-star athlete also held the keys to a gargantuan eight-bedroom nine-bathroom three-story home in windermere florida just outside of orlando but sold it to bubba watson for 2.2 million dollars after tiger's well-noted scandal and divorce that divorce by the way from now ex-wife ellen nordegren burned a reported 110 million dollar sized hole in tiger's pocket ouch but for all the controversy woods has also shown his angelic side in 2007 he reportedly bought his beloved mother two plots of land in jupiter florida costing him around 2.4 million dollars if you thought that owning a massive house on paradise island was the ultimate symbol of wealth think again tiger went one step further he bought an entire freaking island known as stora rulingin the island is a stunning slender piece of land that sits in lake mollerin about 60 miles west of stockholm in sweden it's far more impressive than just a piece of land though the private oasis features a villa hunting lodge guest quarters horse stables a dock for boats a runway for small planes and undoubtedly its most unique feature an 11th century viking stronghold the main villa reminiscent of a log cabin spans nearly 2 500 square feet and rocks a chef's kitchen spa pool beautiful dining area and cozy fireplace an essential add-on for those snowy swedish winters despite being designed for a tiger in ellen the couple never moved in following their dramatic split the island was sold to a swedish millionaire and in 2015 the 62-acre island was listed for sale for 7.1 million dollars which also came with two smaller islands and a private water area for hunting and fishing that's a bargain in our books especially compared to his florida house hold your horses we know that tiger's rolling in the dough but where exactly did it all come from how did this california-born father of two transform himself into a living breathing money magnet well first and foremost he's a pretty darn good golfer that we know with 82 pga tour victories woods is tied with sam sneed for the most wins in the competition's history he's also got 15 professional major golf championship victories under his belt and managed to rock it to number one in the world rankings less than a year after turning pro back in june of 1997. all things considered tiger has etched his name into the history books as one of if not the greatest golfer of all time and what comes hand in hand with success and fame yep fortune over the years he's raked in an astounding estimated total of 122.5 million dollars in prize money alone as applaudable as that is woods actually makes most of his money off the green the bulk of his income stems from lucrative endorsement deals over the years partnerships have been formed with high income brands including a t gatorade gillette golf digest and tag heuer however following his tumultuous 2009 all of these brands dropped him as an ambassador and he lost over 50 million dollars in deals one brand kept faith nike tiger has reportedly signed four extensive contracts with nike over the journey with those deals worth as much as 20 million dollars per year oh and if you need a quick refresher of his bump in the road in 2009 here's the calamity in a nutshell news broke that woods was having an affair with new york nightclub manager rachel uchitel he crashed his cadillac escalade into a fire hydrant outside his house and months later more women came forward claiming they'd been having relationships with the golfer as well apart from this embarrassing period tiger's generally a rather respected and certainly well-known athlete in fact his reputation is so distinguished that he's been paid millions just to show his face tournaments typically have a set budget for celebrity appearances while a low-level star might be paid 100 grand to make an appearance those in tigers echelon can receive up to a million in fact at one point he pocketed a cool three million dollars to play a tournament in turkey and hit a ball from europe to asia as a publicity stunt counting all the pennies from his multiple streams of revenue tiger now parades around an 800 million dollar net worth a large chunk of that money went toward his 20 million dollar yacht dubbed privacy which he bought back in 2004 as a wedding present for ellen oh and slap on 2 million bucks a year in maintenance cost as well to be candid though at 155 feet long this is less of a boat and more of a floating house the yacht sleeps between 10 and 12 people can fit a crew of nine and boasts an impressive 000 mile range thanks to its 12 000 gallon fuel tank but it's the list of features that really makes this boat stand out there is an eight person jacuzzi a gym with a treadmill exercise bike and free weights and vip stateroom a three-person elevator in theater he sailed his gem all over the world with notable recent stops including the 2018 u.s open at chinnicock hills in new york and the bahamas when tiger's looking for a little more quiet time the smaller 61 foot 3 million solitude yacht suffices this condensed practical dive boat is known to dock at pirates cove resort and marina which is just a few minutes away from his palace on jupiter island when the all-star golfer isn't working on his tan on the yacht's deck he's cruising around on land in one of his many many cars while many fans claim that his collection lacks a certain pizzazz compared to the supercars in lebron and ronaldo's garages it's not without reason tiger's had a long-term deal with buick which is why he's been spotted driving a fifty thousand dollar buick enclave and a thirty three thousand dollar buick lacrosse plus the concept bengal roadster and the concept elite convertible don't worry he has diversified his collection a little a ninety thousand dollar cadillac escalade a two hundred thousand dollar mercedes-benz s65 and a 75 000 lexus ls 460 also sit in his garage then there's the top of the range most expensive cars we're talking a 448 000 porsche carrera gt a 140 000 lamborghini murcielago and a mercedes slr mclaren edition whose customization alone cost nearly 200 000 when you've got almost a billion dollars in the bank a little cash splashing on nice cars barely makes a dent one of the most important lessons to building wealth is reinvesting tiger's well aware of this which is exactly why he's decided to put his money to good use in the form of a couple of notable business ventures the first is all about well it doesn't take a genius to guess this golf in 2019 the pga pro decided to kickstart his own golf entertainment business pop stroke which would compete with the likes of topgolf and drive shack the business aims to take the traditional putt-putt experience and infuse it with a dose of technology to create a more social and entertaining experience for a much larger scale golf enterprise there's tgr design tiger's own full-service golf course design firm some of his courses such as the one in chicago were estimated to cost 30 million dollars then we've got the tiger woods learning center a selfless establishment opened in 2006 by the golfer himself which prompts several thousand underprivileged students to think about the role education plays in their futures it's housed in anaheim california is thought to have cost upwards of 18 million dollars to build and last but not least the iconic athlete even has his very own restaurant well more so an elevated sports bar it's called the woods jupiter and like his other companies it falls under the tgr ventures umbrella what tiger calls his chapter two in life he views tgr ventures as a way of building a legacy that's about more than just birdies and bogies the idea to build his own local restaurant at eight million dollars mind you it came after years and years of eating on the road but his travels weren't always on the road and they certainly weren't always in a buick as the proud owner of a gulfstream g550 private jet worth about 54 million dollars tiger can afford to fly himself around the globe in ultimate style be it for golf or just a well-earned holiday tiger spent the last couple of decades gallivanting all over the planet chalking up hundred thousand dollar travel bills in the process from sydney australia to abu dhabi california scotland mexico thailand and belize just to name a few tigers seen it all as an athlete your entire world revolves around one sport which is why so many a-listers find solace in more quiet activities like fishing for our guest of honor it's no different the multiple record holder has a keen love for spear fishing and free diving that's partly why he purchased the swedish island as well as the smaller of his two yachts even when the weather's poor tiger doesn't mind spending hours on end button mashing on a 40 call of duty game when he was recovering from surgery he reportedly went a whopping eight hours every single day with just a 30-minute break for lunch sniping other online gamers funny enough he's admitted that he'd still get his butt kicked by a seven-year-old what's the first thing you'd buy if you woke up tomorrow with 800 million dollars in the bank let us know in the comments below don't forget to like this video subscribe to the richest and have a great day catch you next time

Channel: TheRichest

Views: 202,779

Rating: 4.8675294 out of 5

Keywords: The Richest, the richest, money, spending, millions, millionaire, billion, dollars, cars, expensive, purchases, private jet, mansion, business, rise to fame, made money, net worth, 2020, tiger woods, golf, golfer, athlete, richest athlete

Id: g3kz2GkYboI

Length: 11min 15sec (675 seconds)

Published: Sun Aug 16 2020