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Tiger Woods is formally a billionaire.

The person broadly thought of to be the best golfer of all time has a web price that totals greater than $1 billion, in response to a Friday Forbes report.

In reaching the billion-dollar mark, Woods, 46, joins the corporate of Michael Jordan and LeBron James as athletes estimated to be price greater than $1 billion.

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Whereas Woods is usually lauded for his accomplishments as a golfer, lower than 10% of his earnings come immediately from the golf course, in response to the report.

A big quantity of his wealth was cultivated by way of sponsorship and endorsement offers with manufacturers together with Nike, TaylorMade, Gatorade, and Monster Power.

Woods additionally considers himself a businessman and never simply an athlete.

Venturing into possession and golf course design, his portfolio contains TGR Design, TGR Stay, an occasion firm, and TGR Ventures, the report famous.

He additionally reportedly invested in luxurious mini-golf group PopStroke.

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Woods has even introduced in $68 million in off-course revenue whereas recovering from an harm over the past 12 months, in response to the report.