Woods To Pass $1 Billion In Earnings By 2010
12/07/2008 05:31
NEW YORK - Tiger Woods is on pace to pass $1 billion in career earnings by 2010, becoming the world's first billionaire to accumulate his fortune by playing sports, says Forbes.
The 14-time major championship winner earned $115 million in 2007 alone, said the magazine, which annually ranks the world's richest people with its Forbes' Celebrity 100 list. English soccer player David Beckham was the No. 2 sportsman on the list with earnings of $65 million.
The magazine goes on to say in its Wednesday edition that while tycoons like Bill Gates accumulated wealth by holding a stake in a company with soaring profits, Woods is unique because his massive fortune was earned through pay cheques.
Woods is a marketers' dream, having earned more than $750 million in endorsement deals to date in his career.
SWIVEL HIPS SAYS:
I can see things are really tough in the professional sports world these days.