Being a successful PGA Tour golfer equals large paychecks, even after retirement. Some golfers make more from their additional investments and deals. Tiger Woods, who has been active for over two decades now, fits all the criteria.
Woods has made sure to make a fortune outside of his golf career as well, which includes brand deals, endorsements, and other investments. Not to be outshone, NBA players are also known for their lavish lifestyle as a result of their million-dollar contracts.
Magic Johnson, who retired in 1996, continues to earn millions. While he was a well-paid player, his business ventures have grown rapidly since then. Mirror, mirror on the wall, who is the richest of them all? Both Woods and Johnson boast impressively massive net worths.
Woods is currently worth $800 million, while Johnson is worth $620 million. Although there is admittedly not much of a difference, Woods is leading the race, especially considering his massive Nike deal, 82 PGA Tour wins and the fact that he has not yet retired.
The 15-time major winner signed with Nike in 1996 with a five-year, $49 million contract. Later, it extended to a $100 million deal. Though recent numbers are unavailable, Woods is apparently worth $22,540,000 to the brand.
His other endorsements are worth around $60 million and his career earnings of $1.5 billion makes him the richest golfer of all time. Woods also owned the Los Angeles Lakers briefly, which he bought in 1994 for $10 million.
He sold it for around $50 million in 2010. Two years later, he bought the LA Dodgers with a group for $2 billion. The Magic of Money Magic Johnson has earned $22 million, with Magic Johnson Enterprises being valued at $1 billion.
They own a movie studio and a marketing company, among other businesses. Of course, properties like his Beverly Hills home are a highlight. Johnson also owns a home in Orange County, which is a beach house in Dana Point. Woods, on the other hand, is known for his mansion in Jupiter, worth around $54 million. The PGA Tour icon also boasts a $25 million yacht called Privacy and a $54 million Gulfstream G550 private jet.