Weekly News

The 5 highest-paid golfers in the world

August 09,2018 21:13

Today, the 100th PGA Championship kicked off in St. Louis, Missouri. Some of the most talented golfers in the world will compete for their share of $10.5 million in purse money, and the winner will take home $1.89 million. The world's richest golfers ...



Careers
Abigail Hess | @AbigailJHess
CNBC.com
Harry How/Getty Images
Tiger Woods 

Today, the 100th PGA Championship kicked off in St. Louis, Missouri. Some of the most talented golfers in the world will compete for their share of $10.5 million in purse money, and the winner will take home $1.89 million.
The world's richest golfers are not only fighting for prize money, they are also competing for lucrative sponsorship and endorsement deals which can make them incredibly wealthy. According to Forbes, five of 100 highest-paid athletes in the world are golfers, and four of them are from the United States.
Here are the five highest-paid golfers in the world:

Gregory Shamus | Getty Images 
Justin Thomas

5. Justin Thomas

Pay: $26 M
Salary/winnings: $21 M
Endorsements: $5 M
Country: United States of America

 Sam Greenwood | Getty Images
Rory McIlroy

4. Rory McIlroy

Pay: $37.7 M
Salary/winnings: $3.7 M
Endorsements: $34 M
Country: Northern Ireland

 Harry How | Getty Images
Jordan Spiet

3. Jordan Spieth

Pay: $41.2 M
Salary/winnings: $11.2 M
Endorsements: $30 M
Country: United States of America

Streeter Lecka/Getty Images
Phil Mickelson

2. Phil Mickelson

Pay: $41.3 M
Salary/winnings: $4.3 M
Endorsements: $37 M
Country: United States of America

Streeter Lecka/PGA of America/Getty Images
Tiger Woods

1. Tiger Woods

Pay: $43.3 M
Salary/winnings: $1.3 M
Endorsements: $42 M
Country: United States of America
Despite being raked 51st in the world golf rankings, Tiger Woods remains the highest-paid golfer in the world. But Woods didn't make this fortune by winning titles, he earned it through endorsement deals with companies like Nike, Monster Energy and Bridgestone. According to Forbes, Woods made $43.3 million last year, and has made $1.5 billion since turning pro in 1996, but less than 10 percent of these earnings came from prize money.
In 2017, Bridgestone Golf's then-CEO Angel Ilagan told CNBC that Woods "actually has more power as an endorser than he does as a player."
Close behind Woods is Phil Mickelson, who reportedly raked in $41.3 million in 2017. Mickelson, who is 48-years-old, and Woods, who is 42-years-old, are the two oldest athletes on Forbes' list of the 100 highest-paid athletes.
Jordan Spieth is the third highest-paid golfer in the world. The 25-year-old golfer has some significant sponsorship deals himself with companies like Under Armour, Coca-Cola and Rolex.
Like this story? Subscribe to CNBC Make It on YouTube!
Don't miss:
LeBron James has opened a public elementary school, and grads can attend college for free
France won the World Cup and will earn $38 million in prize money—here's how much other teams get
As Cristiano Ronaldo joins Juventus the team sells $60 million worth of his jerseys in 24 hours

show chapters

To view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser. Download the latest Flash player and try again.

Make It - Careers,Tiger Woods,PGA Championships,Golf,Career advice,Entrepreneurship,Entrepreneurs,Make It,business news

Share this article

Related videos

TOP 5 BEST PAID GOLFERS IN THE WORLD 2016 HIGHEST EARNERS IN GOLF
TOP 5 BEST PAID GOLFERS IN THE WORLD 2016 HIGHE...
Top 10 highest paid golfers in the world
Top 10 highest paid golfers in the world

DON'T MISS THIS STORIES