Seven-hundred-million reasons for Tiger to keep smiling

Tiger Woods

Tiger has found himself inside the top ten at the conclusion of a tournament just once in the past two years, however the former world number one still managed to find his way onto Forbes’ inaugural 40 Richest Entrepreneurs Under 40 in America.

Woods’ place on the list is unique, in that he is the only athlete on it.

What is equally as interesting is that Woods sits on the list despite a clear dip in form over the past few years, as well as an expensive divorce due to a sex scandal, and the subsequent loss of a number of prolific sponsors.

Forbes understands that Woods has earned $1.35 billion since 1996, however his current worth is thought to stand at around $700 million.

On the course, he’s down from the $10 million years he enjoyed in 2005, 2007 and 2009.

This significant loss of worth can be attributed to the American’s divorce from Elin Nordegren in 2010, which cost Woods around $100 million, as well as the loss of sponsors Accenture, AT&T, Buick and Gatorade.

While Woods' best annual earnings in a year (including prize money and sponsorship) was $115 million in 2008, Forbes suggest that he is down to under half that amount per year currently, however this has still landed him at 26th on the list. 

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