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Woods' worth balloons by $50m in 2018

Cape Town - Tiger Woods’ net worth has increased by $50 million this year, according to the richest American celebrities list release by Forbes this week. 

The former world No 1 was buoyed by recent return to form, notching up his first victory in five years at the TOUR Championship at East Lake.

Woods’ return to relevance has not been lost on sponsors, as he’s signed endorsements with Monster Energy, Nike and Bridgestone, to name a few. 

Forbes has the 14-time major winner tied for ninth on the list at $800 million with author James Patterson. 

Basketball legend Michael Jordan tops the sporting celebs, weighing in at $1.7 billion in fourth place, while Star Wars creator George Lucas is in splendid isolation at the top with $5.4 billion. Last year, Forbes pegged Woods’ wealth at $750 million.

And with the signing of a deal with Discovery, Woods looks set to reach the billionaire mark in quick time. The media company is on the cusp of launching GOLFTV, a streaming video platform dubbed ‘the Netflix of golf’. 

If the humming galleries that hounded Woods at East Lake are anything to go by, its bound to be a runaway success.

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