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Rory McIlroy 2023 Net Worth: What Are the European Star’s Million-Dollar Investments?

Published 09/28/2023, 1:30 PM EDT

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USA Today via Reuters

One cannot assign a price tag to a person’s talent. And it is especially so in the case of a golfer like Rory McIlroy. A gifted individual on and off the course, he has come a long way since turning professional in 2007. Moreover, he has cemented his name as one of the best in the game of golf, propelling past many of his peers.

With a total of 24 PGA Tour wins under his belt, including four majors, the professional has managed to beat a lot of golfers through his amazing skillset and determination. But the question remains: how much has he grown through all these victories spanning his career of close to two decades? It certainly makes one curious!

The Irish superstar’s net worth and salary

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As per sources, the Northern Irish golfer boasts a net worth of $170 million in 2023, making him one of the richest golfers on the planet, behind Tiger Woods and Phil Mickelson. The professional’s prime sources of income include those from his various endorsements, investments, and salary. One of the most sought-after players in the game, he has signed deals with some popular brands, which have added a significant boost to his wealth.

Marking his salary at around $7.5 million annually and total earnings of $41.5 million in 2022, including the $34 million he received from various endorsements, he was the highest-paid PGA Tour pro in the year, as per Forbes.

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Totaling his income over the span of his long career, the 4X major pro has amassed earnings of $131,033,808 as of July 2023, making him the most marketable player on the Tour.

USA Today via Reuters

Among the total money earned, $77,394,308 was made from official tournaments, $1,895,750 from unofficial ones, and $15,500,000 was made from the Player Index Program. Well, what is certain for the average golf enthusiast is that the Ryder Cup veteran has been earning millions through his wins, including $15 million by winning the Tour Championship and FedEx Cup in the year 2019.

The investments made by the 4-time major winner

Investments have always played a crucial role in elevating the net worth of a golfer. The same is the case with the professional, as he engaged himself in it a number of times. In one of the hottest news stories since its release, the professional had joined hands with the legend of the game, Woods, in a bid to start TMRW Sports in 2022.

 

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It is a tech-based company that has since teamed up with the PGA Tour to air matches from the league, named TGL, every Monday starting in January 2024. The innovative league has invited a number of famous names, including Serena Williams and her husband Alexis Ohanian, billionaire Arthur Blank, and Steven A. Cohen.

Other investments from ‘Rors’ include a venture capital firm called Symphony Ventures that the golfer set up in 2019, which was interested in emerging companies; the fitness tech company Whoop, which has been valued at around $1.2 billion by 2020; the one-on-one digital fitness training platform Future; and LetsGetChecked, a personal health testing service, which included an investment through his VC firm.

Rory McIlroy and his endorsements

By proving his mettle on the greens, the Northern Irishman was able to capture the attention of a lot of brands throughout his career. Moreover, the many major names that the golfer has partnered with include NBC Sports for GolfPass, data analytics company Optum, TaylorMade Golf Company, Nike, and Omega.

 

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And among these, the most eye-catching one was that of the athletic apparel company Nike. He signed a deal with the giant in 2013 worth $200 million to $250 million over the next 10 years. But in a surprise of sorts, the duo renewed the same agreement for a reported $100 million, set to end in 2027.

The deal with the company Omega, which launched a special edition Speedmaster ’57 dedicated to the golfer, came after his partnership with the sports brand and Bose Corporation. Although a lot of details haven’t been made public regarding the deals with both the audio specialists and the watch brand, their strong relationship has managed to continue till the present.

 

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Adding to his deals, the Northern Irishman has signed agreements with brands including GolfPass in 2019, a subscription on the digital platform designed to help players in the process of improving their gameplay; Workday in 2022, where he became the brand ambassador; and a whopping $100 million-worth partnership with Taylormade for a 14-club and ball deal in 2017.

Although the professional has been making a lot of money, he has also been helping underprivileged children and those in need through The Rory Foundation, which was set up in 2013. Although it was shut down in 2019, the golfer has been making good use of his philanthropic work in a private manner, helping vulnerable and deserving people all the same.

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What did you think of Rory McIlroy after reading through his net worth and endorsement deals? Have you felt a bit awed, at least? Share your thoughts below.

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Written by:

Allan Abe

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One take at a time

Allan Abe is a fresh golf writer at EssentiallySports. Tiger Woods was the golfer who inspired him into the sport, and he lives by what the legend once said, "No matter how good your get, you can always get better." Allan extends his love for golf by indulging in a little gaming in his free time, with PGA Tour 2K21 being his go to.
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Edited by:

Sheldon Pereira

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