After a Successful LIV Golf Adelaide, $400M Worth CEO Greg Norman Set to Return to Australia With Another Big Announcement

LIV Golf’s success has been thriving in recent months among the golf community since its Adelaide event. Though CEO Greg Norman, has a major role in the success of the lucrative Tour, it isn’t the only endeavor that the Aussie has been a part of. Apart from the Saudi-funded Tour, Norman also happens to boast income from his real estate business which isn’t affordable to everyone like his costly golf league. With another announcement related to Down Under, ‘the Shark’ is set to return to his home country.

While he may be among one of the best golfers, there is arguably anyone better in the golf business than Norman. Under the banner, The Greg Norman Company, ‘the Shark’ has mastered every field he has stepped foot in.

It has helped the golfer turned business tycoon in having a net worth of $400 million. Back in 2019, the 67-year-old decided to enter the world of real estate. Before digging deeper into the latest update, let’s look at one of Norman’s business empires set to make a mark in Australia.

Greg Norman’s real estate endeavors

Though the golfer is well-rehearsed in designing golf courses, Norman isn’t familiar with the architecture of houses. Nonetheless, four years ago, the two-time Open Championship winner announced the beginning of Greg Norman Estates.

The first listing under the new endeavor was located in Los Cabos, Mexico on the southernmost tip of the Baja California peninsula. Within the larger Rancho San Lucas resort, a private gated community with round-the-clock protection will house 36 luxury residences and 32 single-story estate homes.

Norman Estates is situated on the beachfront portion of a signature 18-hole championship golf course that also bears his name. The LIV Golf Commissioner’s wife Kirsten Kutner, who is an interior designer, also played a key role in decorating the houses at the Estate. The prices of the houses differ based on the size.

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With houses varying from being priced at $3.5 million to $7 million, the range in size includes houses between 4,667 square feet (3 bedrooms + den) and 6,700 square feet (5 bedrooms and 5.5 baths) in size. Norman, who has a love for the sea, also has oceanfront high-rise houses listed ranging from $1.5 million to $4.3 million. Apart from the luxurious home, the residents will also enjoy membership at Greg Norman Golf Club.

Nonetheless, four years after his endeavor in Mexico, the Hall of Famer has another exciting announcement for his fellow countrymen. Let’s take a look at what the Aussie had to say.

Greg Norman Estates arrive in Australia

Weeks after a successful LIV Golf event in Australia, Norman announced the arrival of his Estate project in Australia. “Construction is booming at Glendswood Hills”, wrote ‘the Shark’ earlier today while announcing his latest endeavor in Australia.

Set in the suburbs of Sydney, New South Wales, the highly anticipated project is to be concluded by the end of 2023 according to the retired golfer. The upcoming property will boast exclusive residents’ lounge, featuring a gym and an entertaining area, a swimming pool, and a tennis court.

Known for his success in every field, good times for Norman are only beginning. As the fans embrace LIV Golf gradually, Norman is increasing his income through his ever-growing business empire. Perhaps, the business tycoon might be the next Billionaire representing the golf domain. What do you think?

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