When it comes to earning money, some people just seem to be more adept at it than others. You will find that to be the case with Rory McIlroy. Hailing from the green valleys of Ireland, he has made quite the name for himself on the professional golf tour. Having won many tournaments and several majors over the years, it is not surprising that this is where much of his wealth has come from. However, you will also discover that he has made quite a bit of money in other areas as well. He is a major endorser of golf products worldwide. He is the envy of many golfers, which explains his lucrative sponsorship contracts. All told, he has been to amass and net worth of $150 million. This is a figure that continues to grow even though he has not won a major tournament since 2014. Continue reading to learn how he did it.
A Summary of Details
As mentioned, Rory McIlroy is a professional golfer who has earned quite a bit of money. Having been ranked number one in the world for more than 100 weeks in total will explain where a lot of that money came from. That is quite an accomplishment, no matter how you look at it. This will result in many fans around the world, equating to a lot of companies who clamor to have Rory McIlroy endorse their products. These have turned into lucrative contracts that add to his net worth.
Over his relatively young career, he has already one more than a few several championships. He also won an impressive three major golf titles before he turned 25 years of age, putting him in a very select group of golfers who have ever accomplished that feat. At the present time, Rory McIlroy is believed to make in the range of $45 million every year. Right now, much of this comes in the form of endorsements. That is not to discount the role that his golf winning play in his overall net worth, as evidenced by the $15 million that he took home in 2019 when he would both he Tour Championship and the FedEx Cup.
It can be said that Rory McIlroy was born into golf. He was born back in 1989. The place was Northern Ireland, where his father happened to be passionate about golf. When Rory was very young, he began to swing a golf club. In fact, Rory McIlroy would quite frequently be seen at the local golf club there in the community. He had such skill that the club allowed him to become the youngest member in history. At the time, he was only seven years old. When some kids would get legos for their birthday, Rory would end up getting a golf club. That was because that was what he wanted. Through a combination of his father and other members at the club teaching him, he would continue to progress in the game of golf. He would even sleep with a golf club in order to practice just the perfect grip. It was that grip that would end up making him millions of dollars in the future.
Given the fact that Rory McIlroy was a member of a local golf club at such an early age, you might assume that his family was already wealthy. That is actually not the case. They were a working-class family that was more than happy, but they did not have a lot of money for the extras in life. That begin said, Rory’s father saw the potential in his son and ended up doing everything that he could to find the money required to get Rory to pass through the ranks necessary to eventually become a professional golfer. In fact, he would end up working several jobs just so they could afford the right coaches and trainers that they felt would give Rory the skills he needed to be the best. It was not long before Rory McIlroy would be entered in his first ever tournament. It was held for boys ages nine and ten and was held in Miami, Florida. He ended up winning the tournament, and things only looked up for him from there.
The Early Days Of His Career
When Rory McIlroy was only 15 years old, he ended up winning the Junior Ryder Cup. The year was 2004. He would win that tournament as a part of the European team. That same year, he would go on to win champions throughout the nation of Ireland. It was in 2005 that he ended up winning the West of Ireland Championship. He was the youngest golfer ever to do so. He would also win the Irish Close Championship. Just a year later, Rory McIlroy would add the European Amateur championship to his resume. He would go on to win several other championships before turning pro.
Where the Money Comes From
Having set the stage for his successful career, it should be noted that he turned professional back in 2007. That is when the money would start pouring in. While he did not win any championships that first year, he would do extremely well in several of the tournaments that he entered. The highest finish was at the Alfred Dunhill Links Championship. By his second year on the Tour, he would be ranked in the top 200 in the world. Obviously, he would catapult the rankings from there. At the end of 2008, Rory McIlroy was ranked 39th in the world. The money was going to flow from that point on. Championships started to add up quite quickly. Endorsements followed, and they have never dried up since then. This is how he has ended up with $150 million in net worth today. He is still young and still performing well on the Professional Golf Tour, so one should expect that this number is going to continue to increase from here.
Written by Allen Lee
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