Tiger Woods is the highest paid professional golfer on and off the course, according to Golf Digest, but he is also a big spender. Earning a total of 1.4 billion dollars in his twenty-year career, he has a net worth of 700 million dollars and is listed twenty-six on Forbes’ 2015 list of the richest top forty under forty entrepreneurs.
Despite the expensive divorce settlement with ex-wife, Elin Nordegren, setting Woods back 110 million dollars, his spending habits continued. He purchased a 155-foot long yacht, Privacy, valued at twenty million dollars, but reports say it is now up for sale. After the scandal revealed he was unfaithful to Elin, Woods sold his home for 2.2 million dollars, then built one from the ground up for fifty-five million dollars.
In 2008, Woods purchased a G5 jet worth sixty-four million dollars. For all he spends, Woods does donate a significant portion of his earnings and raises funds for charities. The Tiger Woods Foundation was established in 1996 to help at-risk youth appreciate the sport of golf. Tournaments, concerts, and the Tiger Jam are all held annually to benefit the foundation.