Tiger Woods becomes first billionaire sportsman in history

Tiger Woods becomes first billionaire sportsman in history

American golfer Tiger woods has become the first figure from the world of sport to earn $1 billion, thanks to sponsorship and golf course design contracts as well as his sporting success.

The 34-year-old reached the milestone figure with the help of a $10 million bonus after winning the recent FedEx Cup (pictured).

At the beginning of the year, dad-of-two Tiger had earned around $900 million, but is believed to have secured another $100 million since.

The golfer - who became the world's best paid sportsman in 2002 when he overtook Formula 1's Michael Schumacher - has enhanced his portfolio since he started designing golf courses.

He has three courses under development and is being paid a reported $10 million for each.

Photo: ę Getty Images

Thursday October 1, 2009

Previous News In Pictures:

MORE NEWS IN PICTURES
´╗┐

Follow us on

´╗┐

News in pictures

´╗┐

Suggestions

´╗┐
´╗┐