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 »  Home  »  Sports  »  Tiger on track to become first billionaire athlete
Tiger on track to become first billionaire athlete
By NNPA News Service | Published  07/17/2008 | Sports | Rating:
Tiger on track to become first billionaire athlete

 (NNPA)—Tiger Woods is on the verge of breaking another record, this time with his bank account.

The golf icon is on track to become the first athlete to reach one billion dollars in career earnings—and according to Forbes Magazine, he may do it as soon as 2010.


TIGER WOODS

“It will be an unprecedented occurrence,’’ the magazine said. “There are plenty of billionaires who have excelled at sports like Switzerland’s richest man and champion sailor Ernesto Bertarelli. But there are no billionaires who accumulated their fortune by playing sports.’’

The magazine said in its July 9 edition that while tycoons like Bill Gates accumulated his wealth by holding a stake in a company with soaring profits, Woods is unique because his massive fortune was earned through paychecks. Tiger banked $115 million last year alone.

(Information from Forbes Magazine contributed to this report.)

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