Despite Being Neck-Deep in Lawsuit as LIV Golf Captain, $875 Million Rich Phil Mickelson Continues His Extravagant Lifestyle

LIV Golf sure draws a lot of attention, especially with epic players like Phil Mickelson captaining the HyFlyers team and incurring a lawsuit in the process. The copyright infringement legal battle issued by Cool Brands Supply has inadvertently left Mickelson in a pile of debt. But that does not deter Lefty from his goals.

Despite the latest drama concerning his net worth, which is about to take a big hit, Mickelson is continuing his endeavor to acquire prime real estate in the posh locality of Santa Fe.

How can Phil Mickelson afford these high-value properties?

Back in 2012, Phil Mickelson put up his country-style home in Rancho Santa Fe for sale, which finally sold for a loss in 2015.

Fans would assume that after already incurring a loss on a beautiful mansion in Rancho Santa Fe, Mickelson would set his sights elsewhere. However, Lefty is far from being discouraged by the neighborhood.

Read More: $300M Worth Phil Mickelson Once Sold His Luxurious Mansion at a Loss Due to 1 Major Reason – EssentiallySports

But we are still left to wonder how he can afford to acquire so many properties in one of the poshest localities in Los Angeles, amid an expensive lawsuit.

LIV Golf Nation took to Twitter to make a statement about the California-raised golfer.

According to NYPost, Lefty has accumulated a net worth north of $850 million. Therefore, no amount of lawsuits or mergers that left him out of gameplay, seem to hinder his progress. With smart financial decisions, Phil Mickelson has managed to acquire 3 properties already around his luxurious home in Santa Fe, and is looking forward to monopolizing the area.

Earlier he purchased 2 properties at a combined value of $14 million+ and recently acquired the lands on either side of his landholding for $25 million apiece. Now he wants to buy Steven Black’s estate, which seems to be an uphill battle. All his years of dedication on the golf course seem to be paying off substantially toward building his empire.

Why is Lefty obsessed with the Rancho Santa Fe neighborhood?

The 52-year-old golfer sees value in the high-income region that is home to many celebrities including Arnold Schwarzenegger, Bill Gates, Janet Jackson, and more.

With pristine Golf Courses at a stone-throw distance, the LIV Golfer is attracted to the region of course, but there’s more. The quality of education in the surrounding school system, ample venues for outings and entertainment, not to mention, the Tennis Club and various other sports clubs for both adults and children alike, make for advantageous investments.

Besides Rancho Santa Fe, Mickelson has also acquired a piece of property in Jupiter Islands where Tiger Woods currently lives. he hopes to build a residential property there as well.

Why do you think Phil Mikelson is so set on obtaining these properties? Do you think he wants to build an extravagant ‘Dream Compound’ for personal use, or does he have a much bigger picture in mind? Let us know what you think in the comments down below.

Watch this story: Despite the billion dollar success LIV Golf favorite Phil Mickelson gets trapped in a serious double trouble that could cost him a fortune