Thursday, July 08, 2010

Amid speculation about a possible divorce settlement between Tiger Woods and Elin Nordegren, some media outlets have tried to establish Woods's net worth. Kurt Badenhausen of Forbes Sports Monthly writes that Woods is likely worth around $600 million after adding his winnings on the course, sponsorship deals and business ventures.

We've been tracking Tiger's earnings since he turned pro in 1996. Last year he became the first athlete to earn a cumulative $1 billion through his income from prize money, appearance fees, endorsements and his golf course design business. ...
Yet those earnings are before the tax man and his agents at IMG took their cut. And if you think Tiger made a killing in the stock market, think again. The S&P 500 is at the same level it was at 12 years ago. By our count Woods is worth $600 million and any divorce settlement is likely to be worth a fraction of current reports.

But Woods was an early, pre-IPO investor in Google, according to this April 25, 2004, article in The New York Times.

Tiger Woods has his small stake. So do Shaquille O'Neal, Henry A. Kissinger and Arnold Schwarzenegger. All can be counted among that small club of people lucky enough to own a sliver of Google, one of the hottest companies in Silicon Valley and what could be the hottest deal on Wall Street this year.
The Times

Incidentally, Woods attended Stanford from 1994-1996, which is when Google founders Sergey Brin and Larry Page started creating their search engine as Stanford graduate students.

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