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Tiger denied being a billionaire in October.

Posted by David (aka David) Dec 2 '09, 18:26

It must be at least in the ballpark, though. Also, the last sentence of this turned awkward in only two months.

"October 07, 2009
Tiger Woods: I'm not a billionaire
Posted at 10:03 AM by Mike Walker | Categories: Tiger Woods

Tiger-woods-pres-tues_372 Last week, Forbes reported that Tiger Woods was the first athlete to earn $1 billion. One problem, though: Woods says he doesn't have that much money. At a Presidents Cup news conference Tuesday, a reporter asked Woods directly about the Forbes report.

Reporter: "This last week, it was announced you hit the billionaire status. What's that like to learn?"

Tiger Woods: [Laughs] "Well, one, I haven't, so I don't know where that number came from."

Forbes cited estimates of Woods's earnings from endorsements, tournament winnings, appearance fees and his nascent golf-course design business. Other than tournament winnings, Forbes could only guess at the other income of the famously circumspect Woods, and the business magazine admitted its figures could not be exact.

As for Woods, only his accountant knows if Tiger is a billionaire athlete yet, but if it did not happen on Sunday [after his $10 million FedEx Cup win] it is likely only a matter of months or his next check from Nike.

Woods is certain to be the first billionaire athlete, but we'll never know when it happens. He likely won't know right away either, and when he does learn, the only acknowledgment of the fact will probably be a private smile behind the tinted windows of a Buick SUV."

Responses:

well, you can earn a trillion and end up not having two cents if you do it right (or more precisely doing it wrong) -- nm - zork Dec 2, 18:46
He may have earned a billion but managers get a percentage and taxes take a third, so 500m would be about right -- nm - zeitgeist Dec 2, 18:30 2
- In 13 years, I'm pretty sure he's seen massive gains as well. - Will Hunting Dec 2, 18:37
- There's other factors at play on the debits side like positive investments, stock dividends, and revenue just from the principal. -- nm - David Dec 2, 18:36
Either way...he's in ballpark of it so po-tay-to, po-tah-to.... - Will Hunting Dec 2, 18:28 16
- Yeah, that is the crux of it. People that rich really *have* to get prenups, though. -- nm - David Dec 2, 18:30 15
  - oh yeah? -- nm - Paul McCartney Dec 2, 18:34 1
    - Well, apparently prenups don't hold water in UK courts. -- nm - loosilu Dec 2, 18:49
  - but don't they go *poof* if he cheats? I figure it would if she did, but thought he must have to be good too -- nm - Beaker Dec 2, 18:30 3
    - not to be crass, but what would be the point? -- nm - TFox Dec 2, 18:31 2
      - as an incentive for her to agree? -- nm - mara Dec 2, 18:38 1
        
        I think it all depends on how good her lawyers were. Supposedly CZETA and MDOUG's prenup gives her more money if he cheats. -- nm - loosilu Dec 2, 19:03
  - I think it said he did for 300mil - Will Hunting Dec 2, 18:30 8
    - that's... the biggest prenup in history, maybe? -- nm - TFox Dec 2, 18:31 7
      - It'd be in the ballpark. -- nm - Will Hunting Dec 2, 18:32 6
        
        There was a Russian billionaire a couple of years ago who lost $2.5 billion (with a B) in a divorce settlement. - David Dec 2, 18:34 5
        
        How do you say, Hit the bricks toots, in Russian? - Will Hunting Dec 2, 18:36 1
        
        in Russia you don't hit bricks, bricks hit you! -- nm - Yakov Dec 2, 18:42
        
        but not in a prenup. -- nm - TFox Dec 2, 18:35 2
        
        Yeah, that was my point. If you're that rich, a prenup should be automatically attached to the marriage license. -- nm - David Dec 2, 18:37 1
        
        Scary thought.....what if it was? -- nm - Will Hunting Dec 2, 18:37
Maybe he was already trying to shelter his money from Elin. -- nm - Redmond, Go Ducks!!! Dec 2, 18:27

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Tiger denied being a billionaire in October.

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