Is LIV Golf CEO Greg Norman a Billionaire?

Though many felt Greg Norman had choked on many opportunities of winning during his playing days, the Aussie has been winning ever since he took the designation of an Entrepreneur. Norman has been involved with several ventures including the mighty LIV Golf, that helped boost his bank account. With the Hall of Famer engaged in so many businesses, has he managed to earn a Billionaire status?

Norman is highly regarded as one of the best golfers to come out from down under. He has 80 professional wins across the globe, which also include his two Open Championship wins. However, the retired PGA Tour player stunned many with his decision to lead the Saudi funded-LIV Golf.

Dubbed ‘The Shark’ for his Queensland origin, he has kept the term alive even in his business career. While being considered the best golfer businessman of all time, has he managed to join the Billion Dollar Club? Let’s find out.

Has the LIV Golf deal helped Greg Norman become a Billionaire?

The Aussie golfer enjoys a lavish lifestyle. Though he has been an entrepreneur even during his playing days, it wasn’t until the arrival of LIV Golf that his business portfolio seemed glittering to many fans. Norman was appointed as the CEO and Commissioner of the league to rival his former Tour.

After getting financial backing from Saudi Public Investment Fund, Norman and his team kick-started LIV Golf last year after spending nearly a Billion on recruiting players. ‘The Shark’ was given the credit for recruiting many rival Tour players. While many received nine-figure deals to join the Breakaway Tour, how much did its CEO earned is still publicly undisclosed.

However, despite that, Norman has a net worth of $400 million, according to Celebrity Net Worth. The Hall of Famer earned $14,484,458 on the course as a participant in the PGA Tour. The rest of his exorbitant earnings came from other ventures. While he holds a net worth of nearly half a million, the Aussie still has $600 million left to join Tiger Woods in the Billion Dollar Club.

Greg Norman may be able to achieve this feat in case if LIV Golf prevails over the PGA Tour in the Tour war. But since the closure of Norman’s salary and earnings from the Saudi-funded Tour isn’t shared publicly, fans will still be in a question of doubt. Regardless of what the future holds for him, having a $400 million Net Worth is no joke.

Read More: LIV Golf Chief Greg Norman Once Subtly Wore a Bold Outfit to Pay Tribute to His Native Country

The golfer has worked hard enough to shift from the 18-hole game to a successful business career. Let’s take a look at the different sectors Norman has spread his wings into.

The many ventures of Norman

Norman might be one of the few golfers to have earned more since his retirement rather than his competing days. It all began during his last Major win in 1993 when the Aussie decided to kick-start his own business, Greg Norman Company. The company is headquartered in West Palm Beach, Florida.

The company was originally called Great White Shark Company but changed in 2016 for the sake of rebranding. Nonetheless, the Shark’s brand has created different types of products throughout its thirty years of existence. The venture produces sunglasses, a clothing line, golf carts, and even Wagyu Beef named after the golfer. Along with his son, Norman opened a Wakeboarding park in South Carolina and Florida.

Apart from the regular items, the Greg Norman Company also owns several fixed investments. It owns several Real Estate, a restaurant named after the Hall of Famer, and a Funding venture. However, the closest to Norman’s heart is the business of golf course design. The two-time Major winner’s main reason to commence the business was to design golf courses globally.

The Greg Norman Golf Course Design has created over 100 courses around the world. While Norman was enjoying minting money through these businesses, he decided to shift to a higher gear by starting a rival golf Tour to PGA Tour. Perhaps it could be the final stop for the Hall of Famer before joining the Billion Dollar Club.

Will Greg Norman ever become a Billionaire? What do you think? Let us know in the comment section below.

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