Is Phil Mickelson a Billionaire?

Published 09/10/2022, 4:00 AM EDT

The most distinctive feature of the new Saudi-backed LIV Golf Invitational Series is that it offers millions as guaranteed money for its players. According to reports, the 6-time major champion, Phil Mickelson, has received the biggest offers from LIV Golf yet, an offer of approximately $200 million!

Forbes named Argentina soccer star, Lionel Messi, as the highest-paid athlete in 2022 at the beginning of the year. However, LIV Golf’s $200 million offer for Mickelson, led the golfer to take Messi’s place on the list. However, did the money make Lefty a billionaire as well?

Phil Mickelson reached a milestone in his career like Tiger Woods.

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Tiger Woods is the first golfer in the world who has surpassed $1 billion in his career earnings. Forbes estimated that the 15-time major champion earned at least $1.1 billion from prize money, sponsorships, appearance fees, and course design.

Notably, no one else was close enough to achieve the same feat in the professional golf as Woods. However, the new LIV Golf guaranteed money changed all that. According to reports, the $200 million Mickelson got from LIV Golf officials made him surpass the $1 billion mark.

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Starting from 1992, Mickelson has been considered one of the best professional golfers of all time. He has won 50+ titles, including 6 majors. He ranks second on the all-time PGA Tour career earnings list with $94,955,060, right behind Tiger Woods.

Mickelson surpassed $1 billion in terms of gross earnings throughout his career. It includes all the money he earned in the last 30 years as a professional golfer by winning titles or getting endorsements from several reputed brands. However, it is not the same as his net worth. Even though he earned more than a billion over the years, his net worth in 2022 is way less than that.

What is Mickelson’s net worth in 2022?

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The 52-year-old Mickelson has been a professional golfer since 1992. His early success landed him several endorsement deals from big brands. In 2022, Celebrity Net Worth reported his net worth to be around $300 million.

According to them, the golfer earns $50 million yearly, even if he doesn’t win any tournaments. Moreover, the value sometimes ranges from $80 to $100 million. Other than sponsorships and tournament winnings, Mickelson also earns money from golf courses, which he set up with other investors, and real estate.

Phil Mickelson has earned more than $1 billion throughout his career. However, his net worth is not close to a billion at all. Do you think it is okay to call him a billionaire?

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Watch This Story: A Furious Phil Mickelson Once Got Into a Heated Argument With a Reporter

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Written by:

Anjana Prabhakaran is a Golf content writer at EssentiallySports. She has completed her Master's degree in Public Administration and considers researching as one of her hobbies. As her family is interested in sports, Anjana grew up watching every sport on television.

Edited by:

Manaal Siddiqui

Is Phil Mickelson a Billionaire?

Phil Mickelson reached a milestone in his career like Tiger Woods.

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What is Mickelson’s net worth in 2022?