There was a time when being a millionaire, with a ‘1’ in front of the zeroes, was an accomplishment of massive proportion. However, in today’s times when Gen Z has made it so much simpler to make money off of the internet, hitting the ‘Billionaire’ title becomes relatively easy.
Nevertheless, we cannot forget the hard-earned respect of several billionaires who hit it big with their constant strife. These celebrities deserve special acknowledgment for the way they changed our world with their entrepreneurial genius or helped entertain us, dragging us away from our daily woes. Leading the race of Billionaires is Tiger Woods, the prolific golfer with an inevitable place in history.
Tiger Woods tore through the finish line of the billion-dollar race
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The golfing community owes a lot to Tiger Woods. Before the PGA Tour pro hit the circuit, golf was considered a pastime game, and the PGA Tour remained in the background of other sports such as Football, Basketball, Cricket, and more. Tiger Woods literally put the game on the radar with his astounding performance before he even went pro.
Woods had an affinity for the game from a young age. When he was only 14 years old in 1990, Woods claimed, “I might be sort of like a Michael Jordan in basketball, something like that.” That prediction of a young boy with big dreams came true. however, that wasn’t his first appearance in the golfing world.
Back in 1981, when Tiger Woods was only 5 years of age, he came on the radar of Golf Digest. His pro, Rudy Duran said of the young boy, “The kid’s not exceptional. He’s beyond that.” Such was the talent of the pro golfer even at a tender age that the golfing community saw potential in him.
It is no surprise that when Tiger Woods made the record at NCAA back then (recently broken by Rose Zhang) and decided to go pro at age 20, he was approached by Nike. Woods took them up on the offer and it turned out to be one of the most favorable contracts he signed in his professional career as a golfer. It was the first step towards becoming a billionaire.
Read More: At What Age Did Tiger Woods Become a Billionaire? – EssentiallySports
Throughout his career, Woods collected massive prize money along with accolades. He holds 15 Major Championship winner titles along with a whopping 82 wins on the PGA Tour. While playing the esteemed circuit, he amassed a total sum of $121 million in career earnings on the PGA Tour alone. That, along with his Championship winnings helped him reach a career total of $1.8 Billion.
But that’s not all. With the money he earned from the golfing circuit, Woods made some valuable investments that paid out over time. he diversified his assets into starting a business of building golf course designs, followed by a mini-golf franchise known as PopStroke. He went on to invest in luxury real estate alongside singer and actor Justin Timberlake, in the venture funded by Joe Lewis called Nexxus. That is excluding his massive real estate holdings in Jupiter Island.
Woods was only 33 years old when he crossed the Billionaire finish line. His endorsements, career earnings, smart investments, and a vision to build the TGL supported the dream of the 14-year-old boy, making him the Michael Jordan of Golf. But Tiger Woods’ celebutant stands on its own as the achievements of a competitive man with ambition.
Jeff Bezos reached the billionaire mark at the end of the 1990s
Amazon’s esteemed founder Jeff Bezos was among the first entrepreneurs to hit the billionaire mark at the turn of the century. Bezos founded the billion-dollar global conglomerate in 1994.
The journey had a rocky start for Bezos but he believed in his service and the potential for a world-traded market. In 1997, his idea started paying off as the Amazon IPO went public and raised approximately $54 million. The sensational entrepreneur knew he was on the right path and focused all his attention on building the business beyond limitations. In 1999, Jeff Bezos became a billionaire.
Since the birth of his first successful venture, Bezos has diversified his investments by acquiring the Washington Post. He also owns an aerospace corporation called Blue Origin that helped fulfill a life-long dream he had of going into space.
Jeff Bezos was 35 years old when he first became a billionaire. His net worth has since fluctuated with 2021 being the best year when he was valued at $177 Billion. According to Forbes, he shared that he intends to impart as much of his wealth as he can to public benefit.
LeBron James becomes a billionaire with his investment portfolio
Another active pro athlete who made it past the Billionaire milestone is LeBron James. Much like Tiger Woods, LeBron embarked upon signing endorsement and massive contracts with Nike and followed suit by making wise investments in a diversified portfolio. he was only 18 years old when Nike approached him after he turned down sponsors including Adidas and Reebok according to Forbes. Throughout his career, the contracts kept coming from several businesses including massive enterprises such as PepsiCo., AT&T, and Walmart that contributed to his earnings in leaps and bounds.
As an active NBA athlete, his career earnings so far crossed the $385 million mark. Coupled with his endorsements that sum up to over $900 million. LeBron James has an equity of 50% in the Spring Hill Company, which amassed nearly $300 million in earnings, 1% of the Fenway Sports Group which contributed $90 million, and 10% of the Blaze Pizza franchise, which provided $30 million to his net income.
Lebron also owns three properties at Brentwood and Beverly Hills in Los Angeles along with a mansion near Akron from where he hails. Altogether, the properties are valued at $80 million. But that’s not all. Forbes estimated a total of $500 million in earnings for LeBron James that stem from trading in public holdings and his invaluable partnership with Arnold Schwarzenegger that was acquired by Beachbody.
LeBron finally made it to the Billionaire finish line at age 37, although it was earnings before taxes. Still, it is an incredible accomplishment.
Elon Musk’s entrepreneurial diversity made him a billionaire
Another self-made entrepreneurial icon is Elon Musk. Just like Tiger Woods who reformed the vision of the golfing world, The genius behind Tesla knew from the start that he would have to make compromises in order to change the face of the world, and that’s exactly what he did.
Elon indulged in several entrepreneurial ventures before he founded Tesla. He cofounded X.com, which merged with Cofinity to form PayPal. That was the beginning of a long journey that set the intrepid entrepreneur on a path to success. With his vision for a better future for humanity, Musk indulged in Zip2, Hyperloop, Solar City, and his most profitable company which is best known for its smart cars, Tesla.
However, his vision expanded beyond this realm and Elon Musk further diversified into SpaceX, then set his sights underground to The Boring Company. With his penchant for founding companies and soaring success, Musk has become one of the wealthiest men of his generation with a net worth that crossed $219 Billion in 2022.
Although his success is astounding, Elon’s fortunes came at the considerably advanced age of 41. He is still going strong and will undoubtedly break more records.
Behold! Tiger Woods accomplished billionaire status at age 33 before the business magnates
Due to his retreat since the 2022 PGA Tour when Tiger Woods succumbed to mobility issues and pain from his injuries caused during the car accident, his incredible accomplishment seems to be shadowed.
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Be it the entrepreneurial successes of Elon Musk or Jeff Bezos, the athletic competition from LeBron James, or the infamous director of many interstellar entertainment movies George Lucas, Tiger Woods was way ahead of them all. He indulged in the fields of entertainment, athletics, and entrepreneurship and crossed the Billionaire benchmark at age 33.
His compatriots are always in awe of the exceptional talent he portrayed from an early age that culminated in his massive earnings. Even if his net worth remains steady at around $1.1 Billion, fluctuating based on his passive earnings after he withdrew from professional golf, his accomplishment is beyond extraordinary. He worked hard since his childhood to reach the title of Billionaire at such a young age.
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Who do you idolize in this list of Billionaires? Do you think Tiger Woods is going to return soon? Share your thoughts with us below.
Watch this story: As disappointing clouds hover over Tiger Wood’s career latest announcement brings positive news