Scottie Scheffler is the No. 1 golfer in the world, and, having just turned pro in 2018 has a long runway for more success in building wealth. Scheffler won the Masters in 2022 and is hoping to win that title again when he tees it up April 11 at Augusta, Ga.
Scheffler’s net worth has grown quickly over the past few years, carried by his stunning on-course performance.
Scottie Scheffler Net Worth
Scottie Scheffler’s net worth is reportedly now north of $50 million, a staggering figure for a guy who’s had his PGA Tour card for only four years and doesn’t turn 28 until June 2024.
His income from pursuits other than golf tournaments figures to drive up that number considerably in the next several years.
Salary & Career Earnings
In a very short time, Scottie Scheffler has earned a stunning amount of prize money in professional golf.
In March, he rallied from five strokes back to win The Players Championship in Florida, collecting a $4.5 million prize that pushed him to $53.5 million in career earnings.
As an aside, the rapid expansion of prize money on the PGA Tour – largely to stay competitive with the rival LIV golf tour – has served today’s pros quite well.
Scheffler reached the $50 million milestone in 113 career starts while another pretty fair golfer, Tiger Woods, did so in 177 starts.
For further context, according to Golf Digest, Scheffler reached the plateau with eight career wins, Rory McIlroy hit the mark with 15 victories and Tiger Woods did so with 35 victories.
You can bet on Scheffler’s performance at many of the best online sportsbooks, which offer prop bets, futures, and plenty more wagering opportunities.
LIV Tour Money Scheffler Turned Down
When the Saudi-funded LIV Golf League attempted – sometimes successfully – to recruit top stars from the PGA Tour, Scheffler declined the opportunity despite the lure of a reported $150 million to join.
With his talent and on-course earnings, though, he doesn’t have to leave the PGA Tour.
Scheffler begins his quest to win a second Masters on April 11, 2024. If you think he’s in good enough form, check out how to bet on the Masters and see if he can win a second green jacket.
Endorsements & Other Sources of Income
Scottie Scheffler’s net worth could be even more expansive if it weren’t for Scheffler’s humility and reserved demeanor.
He stays clear of social media and doesn’t force his opinions on golf’s more controversial subjects.
A world-famous, No. 1-ranked golf star can’t escape the spotlight, though, and he certainly has his collection of endorsements and sponsorships.
His additional forms of income include deals with Nike, Rolex, NetJets and Titleist, as well as more than $5 million from the Player Impact Program, which rewards players for their role in promoting the PGA Tour.
Forbes recently put Scheffler’s endorsements, sponsors and contracts at approximately $15 million per year.
Business Ventures
Unlike Rory McIlroy, Scottie Scheffler is at the beginning of his financial management career. He has won more than $50 million on the course and collects another large amount in auxiliary income.
In January 2024, Scheffler invested in GolfForever, a company offering players access to an in-home system of training.
It is designed for all golfers, young and old, and was developed by golf and fitness experts along with leading physicians.
The company announced in January it had closed a $10 million Series A round of funding. Scheffler and fellow PGA pro Tom Kim joined as equity investors, according to reports, and are now GolfForever brand ambassadors.
Conclusion
Scottie Scheffler’s career arc is moving dramatically upward, leading to predictions he’ll become the wealthiest golfer on record.
He has been the No. 1-ranked player since May 2023 and currently holds a margin over the rest of the players that is larger than any in the past seven years.
As for his excellence so far in 2024, no golfer since Tiger Woods has held the No. 1 ranking for an entire calendar year.
Scheffler’s net worth will expand quickly as he works with advisers to find the preferred investments and business opportunities.
References
- https://www.golfdigest.com/story/scottie-scheffler-fastest-to-50-million-pga-tour-career-money-tiger-rory-rahm (Golf Digest)
- https://www.masters.com/index.html (The Masters)
- https://golfforever.com/pages/homepage (GolfForever)
- https://www.businesswire.com/news/home/20240110673342/en/%C2%A0GolfForever-Secures-10-Million-in-Series-A-Funding-Led-by-Clerisy (Business Wire)