Professor Mark J. Perry's Blog for Economics and Finance
With close to $800 million in total earnings on and off the course over his 13-year career, Tiger should become the first billion-dollar athlete in the next two years -- and he's still only 32. With that kind of money, he can afford this yacht:
Ranking the 50 highest-earning athletes in the U.S., from Sports Illustrated.
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
6 Comments:
Well, I guess if you have nothing else better to do with your money. Unfortunately, he probably needs to go to such lengths for privacy.
When one considers the benefit that such expenditure could have charitably, it seems a great shame.
Think of all the jobs that were created building this. And think of all the maintenance needed, you don't think Tiger mows the grass himself do you? If it helps, you can consider all that, a charitable contribution.
Good for Tiger. What would michael Jordan earn today. I think he is twice as marketable as tiger.
www.theinvestingspeculator.com
Before this is over it's going to take 800 mil just to fill that monstrosity up with fuel.
anon,
You are correct. It might. But if Tiger wants to spend 800 mil to fill it up he should be free to do so. He should have to listen to you as you explain to him how his money should be used.
By the way, I doubt the accuracy of those numbers. Floyd Mayweather did not actually make $20 million dollars for his one appearence at Wrestlemania. That was just a ploy to get people interested, like everything else in wrestling. It was just theatre.
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