Despite His 18 Major Titles, Jack Nicklaus Elucidated What Forced a Non ‘Business-Minded’ Person to Enter Business in a Candid Conversation Once

Published 01/06/2023, 8:30 AM EST

When ending their professional career, golfers are mostly remembered for their golfing greatness. However, that isn’t the case with Jack Nicklaus. Apart from his majestic game career, the ‘Golden Bear’ continues to be in the limelight for his business legacy. Established in 1970, conglomerate Nicklaus Companies today cater to numerous different industries.

While Jack Nicklaus continues to be the founder of the conglomerate, little does one know that the 18x major champion was never a business-minded person. Instead, it was just the need for ‘cash’ that pushed him into this profession. Something that he elucidated during his final US Open in 2000.

Jack Nicklaus explained the need to step into the business world

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Despite being a recipient of record four US Open titles, the urge for more forced Nicklaus to make one last try in 2000. However, failing to make the cut, he closed his last US Open campaign with a score of 13 over par.

While he failed to win a 5th title at one of the most prestigious tournaments in the world, he witnessed success in the other part of his life. Nicklaus Companies. Talking about his establishment with the media, the legendary golfer admitted, “Look, I’m not naturally business-minded. I don’t think anybody’s naturally anything.”

‘No Reason for Me To Do So’: $400M Worth Jack Nicklaus Shared His Decision To Step Away From His 50-Year-Old Company in a Candid Conversation Once

Jack Nicklaus today enjoys an estimated net worth of $400 million. However, despite being arguably the greatest player of all time, it is just a fraction of his accumulated worth that he won playing on the tour. According to PGA Tour’s website, the now 82-year-old won only $5.7 million as prize money in golf.

Going ahead explaining the reason behind Nicklaus Companies, he asserted, “It doesn’t seem to matter what you make in this game, you always seem to spend it, you always seem to need to get more.”

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“Cash is the kind of thing you always wish you had, only you’ve always got your money tied up, you know what I mean?,” he further added.

More than a decade after his words, Nicklaus continues to witness rapid growth in his 50-year-old business. Lead by some of the finest talents in the business world, Nicklaus Companies today designs golf courses, sells wines, and has an apparel brand to name a few of its ventures.

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Considering the spirit of the golfing great, it goes without saying that there’s no sign of stopping anytime soon. What are your views on Jack Nicklaus’ business empire? Do let us know in the comments below.

Watch this story- Jack Nicklaus Supported Tiger Woods After His Honest Assessment of Donald Trump in 2018

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Written by:

Ahmar Wasif is a Golf author at EssentiallySports. He is a national level tennis player and has a number of titles to his name. His experience on the court allows him to incorporate a deeper understanding in his coverage of the sport.

Edited by:

Rohini Kottu

Despite His 18 Major Titles, Jack Nicklaus Elucidated What Forced a Non ‘Business-Minded’ Person to Enter Business in a Candid Conversation Once

Jack Nicklaus explained the need to step into the business world

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