Woods 'a billionaire by 2010'
2008-01-10 13:41
Los Angeles - Golfer Tiger Woods is set to become the world's first billion-dollar sportsman in 2010, Splash news reported on Thursday, citing Golf Digest magazine.
The record-setting golfer took home a staggering $122.7 in 2007 - an increase of $26m from 2006, according to the reports.
Tiger enjoyed a boom year on the golf course in 2007, winning his 13th Major title, as well as a $10m bonus for winning the FedEx Cup competition.
Wood's bank account was also bolstered by lucrative advertising deals.
The magazine estimates that since turning pro in 1996 Woods has earned $769.4m in total earnings, the report said.
In 1996, only nine golfers earned more than $1m a year, but in 2007, 158 players, including 99 on the PGA tour topped that figure.
- SAPA