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How does billionaire golfer Tiger Woods make and spend his money?

During his 27-year career, Tiger Woods has earned more than $1.7 billion and is currently worth at least $1 billion.

Legendary golfer Tiger Woods has just been recognized as a billionaire by Forbes. According to the magazine, Woods currently has a net worth of at least $1 billion and is one of three billionaire athletes in the world. The other two are basketball stars – Michael Jordan and LeBron James. (Photo: AP)

According to Forbes, Woods has earned more than $1.7 billion over his 27-year career. However, less than 10% of his wealth comes from his playing career, with the majority of his wealth coming from endorsements and business ventures. The 46-year-old golfer is the face of many famous brands, including Gatorade, Monster Energy, TaylorMade, Rolex and Nike. Some of the brands have signed contracts with him since 1996 and remain his biggest sponsors. (Photo: USA Today)

Woods has used his fame and fortune to expand into a range of other ventures, including a golf course design business (TGR Design), a live event production company (TGR Live) and a restaurant (The Woods). Through TGR Ventures, Woods has also invested in Full Swing, a golf technology training tool; Heard, a hospitality software startup; and PopStroke, a luxury mini-golf experience with four locations in Florida and plans to open more across the US this year. (Photo: AP)

The billionaire golfer was also identified as a partner in a SPAC (special purpose acquisition company) announced in January. He also teamed up with British billionaire Joe Lewis to invest in the Tavistock Group, which owns the NEXUS Luxury Collection resort. (Photo: AP)

At his peak, Woods was the highest-earning athlete in history, earning $100 million a year. He held the number one spot on Forbes’ list of highest-paid athletes for 10 consecutive years (as of 2012). (Photo: The World Golf Hall of Fame)

Despite earning a huge amount of money, Woods also spent millions of dollars on entertainment, buying mansions and even divorce. In 2009, some sources said that the famous golfer cheated on his wife, former Swedish model Elin Nordegren. In 2010, the two divorced and Nordegren received $100 million from her ex-husband. (Photo: Getty Images)

Tiger Woods owns a yacht called Privacy, which he bought in 2004 from Christensen Shipyards for around $20 million. After his divorce in 2010, there were rumors that Woods considered selling Privacy for $25 million. However, the yacht was ultimately not sold.

He also owns a 10-acre estate in Jupiter, Florida, worth $55 million, with its own golf course and marina. Even when he’s not at home, Woods likes to bring the atmosphere with him. He’s been known to replace the furniture in the places he rents during tournaments, even if it’s just for a few days. (Photo: Jeff Realty)

The golfer loves to travel in style and owns a Gulfstream G550 private jet, worth an estimated $54 million. In January 2017, Woods took his first commercial flight in 10 years, from Los Angeles to Dubai. (Photo: Benjamin Zhang/Business Insider)

He also devotes a lot of time and money to his Tiger Woods Foundation, which he donated $12 million to in 2012 (Logan Mock-Bunting/Getty Images)

Golf isn’t the U50 billionaire’s only passion. He also enjoys spearfishing and has learned to scuba dive. He’s also a fan of the Oakland Raiders and the Los Angeles Dodgers.

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