A Full Breakdown of Tiger Woods’ $1 Billion Fortune
E ver wondered how to crack into the elite billionaire club? Well, being a master on the golf greens is a pretty good start. In 2022, pro golfer Tiger Woods etched his name into financial history books, racking up a net worth of at least $US 1 billion (AUD$1,538,604,000). And this is before turning down a jaw-dropping ‘high nine digits’ offer to join a Saudi-backed LIV Golf tour .
With news that the golf legend has officially severed ties with Nike after one of the most lucrative partnerships in sports history, it’s worth looking at Tiger Woods’ net worth figure. Woods’ career has been a rollercoaster of triumph, injury, scandal, setbacks, and remarkable comebacks. Through highs and lows, Woods has remained a titan in the sports world, amassing over $1 billion from earnings, endorsements, and other ventures in his 27-year career. That’s a record-breaking feat. Wondering how he got there? Because FYI – just 10% of Tiger Woods’ net worth comes from golf winnings.
Table of contents
How much is tiger woods worth 2023, who is tiger woods, 2. endorsements/sponsorships, 3. business ventures, 4. philanthropy , a luxury yacht, dive boat “solitude”, gulfstream g550 private jet, luxury cars, real estate, rolex sea-dweller deepsea watch, tiger woods car accident , is tiger woods still able to play golf, tiger woods reaches new career low in world rankings (2023), related net worth stories, tiger woods net worth faqs.
Over his 27-year career, Forbes estimates Tiger Woods has amassed a staggering $1.7 billion, before taxes and agents’ fees. While he’s the highest earner in professional golf history with $121 million in prize money, it’s even more incredible that these winnings form less than 10% of his total income.
The majority of Woods’ wealth stems from his endorsements with major brands like Nike, TaylorMade, and Monster Energy. Beyond the golf course, Woods is a savvy businessman. He runs a successful golf course design company and has a partnership with Discovery’s GolfTV for streaming content.
Not to mention his highly-rated memoir Tiger Woods by Jeff Benedict and Armen Keteyian published by HarperCollins. There’s no accurate data available on how many books have been sold since it was published in April 2023, but no doubt he’s made some nice coin from it.
TLDR : Tiger Woods is a prime example of an athlete who has extended his influence and success beyond his sport.
Tiger Woods, born Eldrick Tont Woods is – for lack of a better term – a global sports icon. Bursting onto the professional greens scene in 1996, Woods quickly became a household name, not just for his skill with a golf club but for his intense focus and fierce competitive spirit. Known for his remarkable consistency and ability to perform under pressure, Woods has clinched 15 major championships, including five Masters titles.
But what’s more impressive is his legacy has extended beyond the fairways. He’s a trailblazer who’s reshaped golf, bringing it to a wider, more diverse audience. His impact is seen in the surge of interest and participation in the sport since his rise to fame. Off the course, he’s equally influential, with his business ventures and charity work. The TGR Foundation, for example, focuses on providing resources for youth education.
Woods is also well known for his numerous affairs of the years, which came to light in late 2009. Numerous women claimed affairs with Woods , leading to intense media scrutiny and a pretty tarnished public image. Fair enough.
Woods admitted to his infidelities, apologised to his family and fans, and took a break from golf to focus on personal issues. The scandal had significant repercussions, however, including the loss of sponsorships and a hit to his reputation. It also led to his divorce from Elin Nordegren in 2010.
Tiger Woods Earnings
Tiger Woods has had an exceptional career in golf, with 82 PGA Tour wins, tying the record held by Sam Snead, and 15 Major wins. His most recent Major victory was the 2019 Masters Tournament. Throughout his career, Woods has earned a remarkable $121 million in prize money from golf tournaments, making him the highest-earning golfer in history in terms of prize money. However, these winnings account for only about 10% of his total career earnings.
The larger portion of Woods’ income comes from his endorsements and sponsorship deals. He has long been associated with some of the world’s most prominent brands, including Gatorade, Monster Energy, Rolex, and Nike. His ability to appeal to both traditional and casual fans has made him a highly sought-after endorser.
In 2022 alone, he earned $68 million from endorsements. His relationship with Nike, one of his most significant sponsors, began in 1996. Woods’ endorsement deal with Rolex, which started in 1997 with a 5-year, $7 million contract, was one of the first major partnerships to be renewed after his cheating scandal.
In January 2024, however, Woods confirmed that his 27-year partnership with Nike had come to an end. In a statement shared on X (formerly Twitter), the 15-time major champion expressed gratitude to the sporting goods giant for their support, reminiscing about signing with the brand as a 20-year-old in 1996. While there’s no news on if and who Tiger will sign with next, he has assured fans that “there is another chapter” ahead.
Tiger Woods isn’t just a master on the golf course; he’s also swinging big in the business world. He’s established a golf course design company named TGR Design and runs TGR Live, an event production business. He also owns a restaurant, The Woods Jupiter.
In addition to his own businesses, Tiger Woods is also making strategic moves with TGR Ventures (his overarching company). He’s invested in Full Swing, a company specialising in cutting-edge golf technology. Then there’s Heard, a startup focusing on hospitality software, tapping into the tech side of service and accommodations. Woods also backs PopStroke, a luxury mini-golf chain.
He has also stepped into the financial world as a partner in a Special Purpose Acquisition Company (SPAC) announced earlier this year. And, he’s investing in the NEXUS Luxury Collection, a group of clubs and resorts, alongside notable figures like Joe Lewis, Ernie Els, and Justin Timberlake.
While not a direct source of income, Woods’ involvement in philanthropic activities, like founding the Tiger Woods Learning Center in Anaheim, California, has contributed to his public image and brand value. This centre, which was built at a cost of about $18 million, not only focuses on education for underprivileged children but also teaches golf, intertwining his charitable efforts with his professional expertise.
What Does Tiger Woods Spend His Money On?
Tiger Woods, with his billion-dollar fortune, enjoys a lavish lifestyle, splurging on some of the most luxurious items. Here’s a quick rundown of what he spends his money on.
Bought for around USD 20 million in 2004, this 47.2-meter luxury yacht costs Woods about USD 2 million annually in maintenance . It’s equipped with an eight-person jacuzzi, a decompression chamber, a gym, a theatre, and more. The yacht is often seen at major golf tournaments around the world.
Reportedly purchased for Woods’ ex-wife as a peace offering, this 18.5-meter dive boat cost between USD 2 and 3 million and took two years to build.
Woods travels in style in his Gulfstream G550, a private jet he bought for around USD 54 million. It’s equipped with a bedroom, dining area, spacious bathrooms, and full internet connectivity.
His garage houses several high-end vehicles, including a Mercedes-Benz SLR McLaren Edition and a Porsche Carrera GT. These cars are known for their speed and exclusivity, with the McLaren Edition being particularly rare and valuable.
Tiger’s property portfolio is impressive. He sold his Windermere mansion for USD 2.2 million in 2013, but his most famous property is the Jupiter Island estate in Florida, valued at around USD 40-55 million. It boasts a private golf course, multiple pools, and other luxurious amenities. He also owns land in Jackson Hole, Wyoming, and has a condo in Corona Del Mar, California.
Part of his luxury watch collection, Woods was spotted wearing this Rolex, valued at around USD 10,000, after his 2019 Masters Tournament win.
In the world of golf, Tiger Woods is a legend, but on February 23, he made headlines for a different reason. Woods found himself in a serious car crash in Southern California. Woods was clocked at a staggering 135-140 kilometres per hour, nearly doubling the 45 miles per hour speed limit on a notorious downhill stretch known for its share of wrecks.
The accident was chalked up to Woods’ excessive speed and loss of control. The report following the accident revealed Woods didn’t even attempt to brake – possibly mistaking the accelerator for the brake. Post-crash, Woods was laid up with a laundry list of injuries to his lower right leg, undergoing surgeries that put rods, screws, and pins in place.
Woods is on a steady but challenging path to recovery following his car accident and subsequent surgeries. He said he’s pain-free in his right ankle, which underwent fusion surgery, but it’s the rest of his leg that’s still catching up.
The big question on everyone’s mind is when he’ll swing his clubs in a tournament again. Two years ago Woods got the golf world buzzing by posting a video of his swing , hinting at progress.
As for his future, it’s still a wait-and-see situation. Woods’ last competitive appearance was at the Hero World Challenge in Albany back in December 2023. He finished in 18th position and hasn’t played competitively since then
After withdrawing from this year’s Masters, Woods’ ranking dropped from No. 1,291 to No. 1,307, a new career low for the pro golfer. Woods, who debuted in the rankings at No. 720 back in 1994, has held the No. 1 spot for a record 683 weeks, including an uninterrupted streak from 2005 to 2010. His ranking notably dipped to No. 1,199 in November 2017, but he made a remarkable comeback to win the 2019 Masters, briefly climbing back to No. 5.
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Tiger Woods is 47 years old. He was born on December 30, 1975. As a golfer who turned professional in 1996, Woods has had a career spanning over two decades, filled with remarkable achievements and comebacks
As of 2023, Tiger Woods holds the title of the richest golfer in the world. His net worth, which stands at an impressive USD 1.7 billion, is a testament to his success both on and off the golf course. His wealth is a combination of tournament winnings, endorsements and sponsorships, and various business ventures.
Tiger Woods, along with basketball greats LeBron James and Michael Jordan, makes up the exclusive club of billionaire athletes. This group isn’t just known for their impressive achievements in sports but also for their financial success. Their rise to billionaire status comes from a mix of their sports earnings, significant endorsement deals, and smart investments in various business ventures.
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Tiger Woods Yacht: Everything You Want To Know
Tiger Woods is one of only three professional athletes in the world who has achieved billionaire status alongside LeBron James and Michael Jordan. As you can imagine, with that kind of cash comes the ability to buy a very nice boat and in 2004 he shelled out for an impressive toy. He purchased the yacht with his ex-wife just before their 2004 wedding and they apparently spent their wedding night on board, so it was something of a wedding gift to themselves.
What’s the Name of Tiger Woods’ Yacht?
Woods chose to name his yacht Privacy, and you may know the story behind that one to a greater or lesser degree. When the yacht was commissioned back in 2004, Woods actually ended up suing the yacht maker Christensen. The company, at the time a fairly well known and reliable shipyard, had been using Wood’s name and images of the yacht and Woods himself in their promotional materials. So, basically, trying to get business off of his name and the work they did for him.
Woods sued the company and by 2006 the case was settled out of court. The yacht makers had nothing to say on the record regarding the case, the yacht or Woods after that.
In addition to this scandal, Woods has been constantly in the eye of the media and the paparazzi for most of his career, including some well known scandals that happened even after he bought the yacht, so the Privacy name was well chosen.
How Big is Tiger Woods Yacht?
Tiger Woods’ yacht is a respectable 155 feet in length with a 29.5 foot beam. It features three decks and while it’s nowhere near one of the largest yachts in the world , it’s actually one of the biggest celebrity-owned yachts on the water. Most of the larger vessels out there are owned by industrialists, royalty and other titans in the business world.
How Fast is Tiger Woods Yacht?
Word is that Privacy has a cruising speed of about 16 knots with a top speed of 18 knots. Not a speed demon by any means, but no one buys a 155-foot long yacht for racing. It’s powered by two 1,800-horsepower MTU engines and features a 12,000 gallon fuel tank. The yacht has a range of 4,000 nautical miles.
How Much Did Tiger Woods’ Yacht Cost?
In 2004, Woods is said to have dropped about $20 million on his super yacht. Again, not nearly the most expensive yacht in the world but clearly quite an expensive vessel in its own right. Because it’s such a large vessel it requires a crew of 9 to keep it operating. That, along with the fuel costs for that big 12,000 gallon tank and various other costs of operation means it costs Woods an additional $2 million or so per year to keep the boat running.
What’s the Interior of Tiger Woods Yacht Like?
With a name like Privacy it’s no surprise that there aren’t a ton of details about Woods’ yacht but, that said, it’s been nearly 20 years so it’s been around long enough that we do know a good deal of what’s going on inside the ship. He once gave the Golf Channel a tour and they were able to snap some still images that give an idea of what it’s like inside which you can check out in the video above.
The boat was designed to accommodate up to 10 guests in 5 staterooms. There’s an additional four cabins that can handle the crew members. The VIP stateroom is aft and there are two queen size cabin amidships as well as a twin cabin. All told there’s said to be about 6,500 square feet of living space on board. The upper deck of the vessel is also an observation deck for those looking to just relax and enjoy the view.
Woods has been known to live on the yacht when he’s golfing, rather than staying at hotels like some other golfers. He first lived on board during the 2006 US Open at Winged Foot Golf Club. Later, he was aboard Privacy during the 2018 US Open at Shinnecock Hills Golf Club on Long Island in New York, and then again during the 2019 PGA Championship.
There’s a gym as you’d probably expect for the yacht of an athlete. It’s said to house a treadmill, exercise bike, and free weights. There’s also a jacuzzi tub big enough for eight people at a time. In addition, there’s a movie theater on board as well as a well-stocked bar.
The dining area is large and opulent, as you’d expect, and there is room for 12 guests to enjoy a meal. With so many people eating you’d need a well-stocked kitchen and it seems like the yacht has a walk-in fridge in the galley so there’s little worry about not having enough on board to keep everyone fed.
When it comes to having fun, the yacht has a few water toys available for Woods and his guests. There are three jet skis on board as well as a pair of ocean kayaks. When you reach land there are even two Vespa scooters you can take out. There’s also scuba gear and apparently an entire decompression chamber. You can also fill up the air tanks on board as well.
As for the finer details, that stuff is still kind of up in the air as Woods has not let many people on board to photograph anything in the years he’s owned the vessel. Some of those who have been aboard describe the interior as being pretty classical as far as yachts go. Features are done in cherry woodwork and there’s supposed to be a staircase connecting the three decks with transparent steps and a cherry handrail. Of course, if you’re not inclined to be doing any stair climbing on a yacht, there’s an elevator on board as well.
The main floor is designed with an open concept to take advantage of the flow of the whole vessel and, of course, ensure that passengers get to enjoy the most of not just the features but the views while they’re out on the water.
Alongside that 12,000 gallon fuel tank, there’s a 2,000 gallon water tank to keep freshwater on board for crew and passengers. Two 99-kilowatt Northern Lights generators provide electrical power to keep the lights on for everyone.
Details on any security features are definitely scant, but it’s been said there are at least two safes on board for passengers to store valuables if need be.
What is the Solitude?
You may have heard that Woods has a boat named Solitude as opposed to Privacy. Well, as far as we can tell, he owns both. Solitude was purchased back in 2010 and the rumored price was $3 million. Solitude was bought as a dive boat as opposed to a luxury yacht that Woods planned to be living on while he’s golfing in coastal cities.
As we mentioned above, the Privacy has a decompression chamber, scuba gear and more scuba-related amenities. Woods is an avid scuba diver as was his ex-wife. He even learned free-diving and spearfishing. The dive boat seems to have been purchased to more specifically focus on the hobby for his ex, with whom he is still friends.
The Bottom Line
Tiger Woods’ yacht called Privacy cost him around $20 million back in 2004. It’s a 155-foot vessel with room for 10 passengers and 9 crew including an interior VIP stateroom. It features a good deal of fun water toys like Sea Doos, two ocean kayaks, and scuba gear for the scuba diving fans, as well as a full twin cabin gym, a jacuzzi, a sweeping staircase, and more. Woods still makes frequent use of the yacht and even lives on board when he’s working various golf tours and opens.
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What Is The Value Of Tiger Woods Yacht?
Table of Contents:
Tiger Woods, a 14-time major golfer and the highest-paid professional athlete, purchased a luxury yacht named Privacy from Christensen Shipyards in Vancouver, Wash., for an estimated $20 million. The yacht, known as Hull 026, is a 155 Trideck Motor Yacht and has three floors. The yacht was built by Christensen in 2004 and is believed to be worth around $20 million.
The shipbuilders of Woods Privacy allegedly violated the golfer’s privacy, according to a report in Power and Motor Yacht Magazine. With an estimated net worth of around 800 million, Woods can afford the yacht, which can hold up to 12,000 gallons of gas. The yacht has three stories, including a main deck, a second level, and an oceanside mansion on Jupiter Island.
In addition to his oceanside mansion, Woods also owns a 155-foot luxury yacht called Privacy, which he bought almost 20 years ago in 2004. The luxurious private vehicle is around 155 feet long and has three floors. With an estimated net worth of around 800 million, Woods can afford the yacht for an annual running cost of $2 million.
The Privacy yacht is a beautiful and luxurious superyacht built by Christensen in 2004. With a net worth of over $1 billion, Woods has spent some of his millions from golf over the years buying himself a yacht. The 14-time primary champion in golfing has a stunner crew for this super-boat, sending a message that he believes he will get what he paid for it or more.
📹 Tiger Woods BILLIONAIRE LIFESTYLE | Bio, Family, Net worth, Earnings, Houses, Jet, Yacht, Cars
Embark on an exclusive journey into the lavish realm of golf icon Tiger Woods, where opulence knows no bounds. From sprawling …
Who owns the 1.5 billion dollar yacht?
And 22 m in width Now imagine how big that is This makes the yacht. The second largest in the world The vessel is equipped with a $50. Million anti-missile defense system.
Who owns Tiger yacht?
Who is the Owner of the Yacht PRIVACY?. The yacht’s owner is golf player Tiger Woods. Tiger Woods is a professional golfer from the United States. He is considered one of the greatest golfers of all time, and has won numerous major championships, including 15 major championships. He has been ranked as the world’s number-one golfer for the most consecutive weeks and for the greatest total number of weeks of any golfer.Woods purchased the yachtfor US$ 20 million fromChristensen Shipyardsin 2004.
How Much is Tiger Woods’ Yacht Price?. Her value is $20 million. Her annual running costs are around $2 million. The price of a yacht can vary greatly depending on a number of factors, including the size, age, and level of luxury of the yacht, as well as the materials and technology used in its construction.
Christensen Shipyards. Christensen Shipyards is a luxury yacht manufacturer based in Vancouver, Washington, USA. The company designs and builds custom yachts ranging in size from 130 to over 300 feet. It was founded in 1984 by Bob Christensen, who is still the current CEO of the company. They are known for building high-end, custom-made yachts with advanced technology and luxurious amenities. The company has built over 150 yachts to date, with its yachts are known for their quality, durability and seaworthiness. Notable projects include SILVER LINING, Tiger Wood‘s yacht PRIVACY, and CHASSEUR.
How much do Nike pay Tiger Woods?
He signed his most recent deal with Nike, worth $200 million over 10 years, in 2013.” NGPF’s Entrepreneurship mini-unit will give you lots of tools to get your students thinking like innovators and problem solvers! To receive a Question of the Day in your email inbox, subscribe to the NGPF Blog.
What do you get when you pair one of the world’s most famous brands with one of the world’s most famous athletes? A lot of money changing hands.
- Why do companies like Nike pay celebrities like Tiger Woods large sums of money for endorsements?
- What are the potential financial risks for athletes with high-income streams from endorsements?
- How can athletes use their platform and earnings for social good?
Click here for theready-to-go slidesfor thisQuestion of the Daythat you can use in your classroom.
Is tiger a billionaire?
- Woods’ career once looked over, but he made a stunning comeback by winning the Masters a fifth time and may become a regular on the senior tour in a few years.
- He’s one of the highest-paid athletes ever and, according to Forbes, is now a billionaire.
- Woods spends his money on yachts, private jets, and megamansions off the course.
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Who owns the biggest yacht?
TableRankNameOwner1AzzamEstate of Khalifa bin Zayed Al Nahyan2Fulk Al SalamahSultan of Oman3EclipseRoman Abramovich4DubaiMohammed bin Rashid Al Maktoum.
M/Y Azzam, seen here in Cadiz, Spain, during the summer of 2020, is the world’s longest luxury yacht.
This list of motor yachts by length, is a table of the world’s longest active superyachts, with an overall length of at least 75 metres (246ft) and up.
These boats are also known as “megayachts”, “gigayachts” and even “terayachts”, usually depending on length. It has been generally accepted by naval architects and industry executives that superyachts range from 37m (≈120ft) to 60m (≈200ft), while those over 60m are known as megayachts and boats over 90m (≈300ft) have been referred to as giga-yachts.
How many yachts does Tiger Woods have?
His great fortune has allowed him to own expensive things which will blow your mind. The pro golfer owns a yacht named ‘The Privacy’. He paid a whopping $25 million for it in 2004. However, he owns another boat named ‘Solitude.’ Now the question arises; why has Woods bought another yacht? What is the reason behind it? Let’s find out the details.
What Tiger Woods purchased Solitude?. According to sources, the marriage between Woods and Elin Nordegren was struggling to survive in 2010. However, after facing difficulties in his married life, the golfer was looking forward to something in February 2010. It was a new dive boat specially designed to cater to the needs of Woods’ wife, Elin. The golfer named the ship ‘Solitude’. A source told ‘People,'”Solitude is a dive boat designed for Elin, who loves the sport.”
The specially customized boat of the legendary golfer was built by Garlington Landeweer Marine company. The boat, a.k.a. “The Solitude,” is a dive boat generally used by divers. The 15-times major championship winner paid $3 million for “Solitude”.
Does Tiger Woods own a jet?
One of the most well-known golfers with a private jet is Tiger Woods. As a legendary figure in the golfing world, Woods owns a Gulfstream G550, a top-of-the-line business jet known for its range, speed, and comfort. Having a private jet allows Woods to travel seamlessly between tournaments, sponsor events, and personal commitments while enjoying privacy and personalized service onboard.
Another prominent golfer who owns a private jet is Phil Mickelson. Mickelson, known for his achievements in professional golf, owns a Gulfstream V, a luxurious and spacious jet ideal for long-haul flights. The Gulfstream V allows Mickelson to travel with his family and team in comfort, making it easier to maintain his busy schedule on the PGA Tour.
Rory McIlroy, a world-renowned golfer with numerous championships to his name, also owns a private jet. McIlroy’s aircraft of choice is a Bombardier Challenger 605, a versatile and high-performance jet suitable for both business and leisure travel. The Challenger 605 enables McIlroy to travel efficiently and comfortably, whether attending tournaments, promotional events, or personal engagements.
What is the world’s most valuable yacht?
The 10 Most Expensive Yachts in the World1) History Supreme ($4.8 billion)2) Eclipse ($1.5 billion)3) Streets Of Monaco ($1 billion)4) Azzam ($600 million)5) Motor Yacht A+ (old name Topaz) ($527 million)6) Motor Yacht A ($440 million)7) Dubai ($440 million)8) Radiant ($320 million)
The 10 Most Expensive Yachts in the World. Yachts are indispensable vehicles of the summer season, especially appealing to sea lovers. We can say that it is possible to find suitable for every budget for these beautiful vehicles that make life even more beautiful. However, in this article, let’s escape to some luxury and take a look at the list of the 10 most expensive yachts in the world in 2022. In addition, some of the following yachts are mentioned in our article named Top 10 World’s Biggest Yachts in 2021.
How Much Is The World’s Most Expensive Yacht?. Luxury yachts are offered for sale at high prices in direct proportion to the opportunities they provide. So, how much is the most expensive yacht in the world?
The History Supreme, currently known as the most expensive yacht in the world, is valued at $4.8 billion. Although the price is astonishing, those who hear its features think that it is definitely worth it.
📹 Private Yachts – $2,000,000 to $1,500,000,000
Most expensive private yachts in the world.
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Tiger Woods has always been discreet when it comes to its luxury vessels , but recently, this 47-meter superyacht which ironically is named Privacy was spotted in the docks of the Gurney’s Montauk Yacht Club. The marvelous vessel was built by Christensen Yachts back in 2004 and the renowned golf player, who by the way has 14 major championship wins, purchased this stunning vessel for $20 Million.
Woods’ yacht is a tri-deck fiberglass motor yacht with a 9-meter beam. It is powered by twin 1,800 hp MTU/Detroit Diesel motors while also having two 99 kilowatt Northern Lihtsenertors which provide electrical power. The magnificent vessel also has plenty of storage space, as the famous golf player normally places three SeaDoos, two ocean kayaks and two Vespa scoots.
The deck of the yacht features a large bar and an 8-person jacuzzi. She is also comprised of a station to fill scuba tanks and an inflatable decompression chamber. Cherry woodwork completely defines the luxurious yacht interiors and the VIP stateroom has two queen size cabin amidships and a twin cabin. The living area highlights an open floor plan and it has a single divider between the saloon and dining room. Privacy also has an elevator that is located right along the staircase.
Besides Privacy, Tiger Woods also owns an 18-meter boat, Solitude, a custom-built dive boat that cost around $3 million. The golf player also owns a Gulfstream G550 Private Jet with a listed price of $60 million.
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