Woods has appeared on Forbes' list of the world's highest-paid athletes. According to Golf Digest, Woods made $769,440,709 from 1996 to 2007, and the magazine predicted that Woods would pass a billion dollars in earnings by 2010. In 2009, Forbes confirmed that Woods was indeed the world's first professional athlete to earn over a billion dollars in his career, after accounting for the $10 million bonus Woods received for the FedEx Cup title. The same year, Forbes estimated his net worth to be $600 million, making him the second richest person of color in the United States, behind only Oprah Winfrey. In 2015, Woods ranked ninth in Forbes' list of world's highest-paid athletes, being the top among Asian Americans or the fourth among African Americans. As of 2017, Woods was considered to be the highest-paid golfer in the world.
The year 2013 would bring a return of Woods' dominating play. In January, he won the Farmers Insurance Open by four shots for his 75th PGA Tour win. It was the seventh time he had won the event. In March, he won the WGC-Cadillac Championship, also for the seventh time, giving him his 17th WGC title and first since 2009. Two weeks later, he won the Arnold Palmer Invitational, winning the event for a record-tying 8th time. The win moved him back to the top of the world rankings. To commemorate that achievement, Nike was quick to launch an ad with the tagline "winning takes care of everything".
• “My Game: Tiger Woods” is a new, 12-episode video series, taking you through the bag from driving to iron play to short game and putting. Woods explains how technique, practice and fitness training get him ready for any and every situation. Plus, he describes the mental and emotional strength to perform when the stakes are highest—and over a season, a decade, a career. This is where his insights and inspirations are unforgettable.
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Woods' back problems continued to hinder him in 2017. He missed the cut at the Farmers Insurance Open in January and pulled out of a European Tour event in Dubai on February 3. On March 31, Woods announced on his website that he would not be playing in the 2017 Masters Tournament despite being cleared to play by his doctors. Woods said that although he was happy with his rehabilitation, he did not feel "tournament ready." Woods subsequently told friends, “I’m done”. On April 20, Woods announced that he had undergone his fourth back surgery since 2014 to alleviate back and leg pain. Recovery time required up to six months, meaning that Woods would spend the rest of the year without playing any professional golf. Woods returned to competitive golf at the Hero World Challenge in the Bahamas. He shot rounds of 69-68-75-68 and finished tied for 9th place. His world ranking went from 1,199th to 668th, which was the biggest jump in the world rankings in his career.
A related effect was measured by University of California economist Jennifer Brown, who found that other golfers scored higher when competing against Woods than when he was not in the tournament. The scores of highly skilled golfers are nearly one stroke better when playing against Woods. This effect was larger when he was on winning streaks and disappeared during his well-publicized slump in 2003–04. Brown explains the results by noting that competitors of similar skill can hope to win by increasing their level of effort, but that, when facing a "superstar" competitor, extra exertion does not significantly raise one's level of winning while increasing risk of injury or exhaustion, leading to reduced effort.
World Golf Championships-American Express Championship: With victory at the World Golf Championships-American Express Championship, became the first player in TOUR history to win five times in five consecutive seasons. Captured his record fifth consecutive Byron Nelson Award and the PGA of America's Vardon Trophy, based on each player's adjusted scoring average. Finished the season with an adjusted scoring average of 68.41, the second-lowest in TOUR history.
Woods began dominantly in 2006, winning his first two PGA tournaments but failing to capture his fifth Masters championship in April. Following the death of his father in May, Woods took some time off from the tour and appeared rusty upon his return at the U.S. Open at Winged Foot, where he missed the cut. However, he quickly returned to form and ended the year by winning six consecutive tour events. At the season's close, Woods had 54 total wins that included 12 majors; he had broken the tour records for both total wins and total majors wins over eleven seasons.
World Golf Championships-Dell Technologies Match Play: In his first start at the World Golf Championships-Dell Technologies Match Play since 2013, and first start in the state of Texas since 2005, advanced to the Quarterfinals to finish T5 in the event. Playing at Austin Country Club for the first time in his career, earned two points to advance out of his group after defeating Aaron Wise and Patrick Cantlay. Suffered a 2-and-1 loss to Brandt Snedeker. Went head-to-head with Rory McIlroy for the first time with their match up in the Round of 16. Defeated McIlroy, 2 and 1, before falling to Denmark's Lucas Bjerregaard, 1-up.
In October 2007, Gatorade announced that Woods would have his own brand of sports drink starting in March 2008. "Gatorade Tiger" was his first U.S. deal with a beverage company and his first licensing agreement. Although no figures were officially disclosed, Golfweek magazine reported that it was for five years and could pay him as much as $100 million. The company decided in early fall 2009 to discontinue the drink due to weak sales.
World Golf Championships-Accenture Match Play Championship: Captured second consecutive World Golf Championships-Accenture Match Play Championship for 40th career PGA TOUR win. With six match victories, including a 3-and-2 win over Davis Love III in the 36-hole finale, has won 12 consecutive matches, and overall Accenture Match Play Championship record is 20-3.
Woods was heavily recruited by college golf powers. He chose Stanford University, the 1994 NCAA champions. He enrolled at Stanford in the fall of 1994 under a golf scholarship and won his first collegiate event, the 40th Annual William H. Tucker Invitational, that September. He selected a major in economics and was nicknamed "Urkel" by college teammate Notah Begay III. In 1995, he successfully defended his U.S. Amateur title at the Newport Country Club in Rhode Island and was voted Pac-10 Player of the Year, NCAA First Team All-American, and Stanford's Male Freshman of the Year (an award that encompasses all sports).
Masters Tournament: Claimed fourth Masters title at age 29 years, 3 months and 10 days with sudden-death playoff victory over Chris DiMarco. Tied Arnold Palmer for second-most Masters victories, with four, two behind Jack Nicklaus. Recovered from a first-round 2-over-par 74 and took the 54-hole lead by three over DiMarco with rounds of 66-65. During that stretch of the third round, posted seven straight birdies (Nos. 7-13), matching Steve Pate's 1999 record birdie streak at Augusta National. Final round included chip-in on par-3 16th hole from behind the green that extended lead to two strokes and bogeys on two closing holes for a 1-under-par 71, tied with DiMarco at 12-under-par 276 total. Rolled in 15-foot birdie putt on first playoff hole to earn green jacket and re-claim the No. 1 position in the Official World Golf Ranking.
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Woods has held numerous golf records. He has been the number one player in the world for the most consecutive weeks and for the greatest total number of weeks of any golfer in history. He has been awarded PGA Player of the Year a record 11 times and has won the Byron Nelson Award for lowest adjusted scoring average a record eight times. Woods has the record of leading the money list in ten different seasons. He has won 15 professional major golf championships (trailing only Jack Nicklaus, who leads with 18) and 82 PGA Tour events (tied for first all time with Sam Snead). Woods leads all active golfers in career major wins and career PGA Tour wins. He is the youngest player to achieve the career Grand Slam, and the second golfer (after Nicklaus) to have achieved a career Grand Slam three times. Woods has won 18 World Golf Championships. In May 2019, Woods was awarded the Presidential Medal of Freedom, the fourth golfer to receive the honor.
Following an outstanding junior, college, and amateur golf career, Woods turned professional in 1996 at the age of 20. By the end of April 1997, he had won three PGA Tour events in addition to his first major, the 1997 Masters, which he won by 12 strokes in a record-breaking performance. He reached number one in the world rankings for the first time in June 1997, less than a year after turning pro. Throughout the first decade of the 21st century, Woods was the dominant force in golf. He was the top-ranked golfer in the world from August 1999 to September 2004 (264 weeks) and again from June 2005 to October 2010 (281 weeks). During this time, he won 13 of golf's major championships.
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The foundation benefits from the annual Chevron World Challenge and AT&T National golf tournaments hosted by Woods. In October 2011, the foundation hosted the first Tiger Woods Invitational at Pebble Beach. Other annual fundraisers have included the concert events Block Party, last held in 2009 in Anaheim, and Tiger Jam, last held in 2011 in Las Vegas after a one-year hiatus.
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Woods was 15 years old and a student at Western High School in Anaheim when he became the youngest U.S. Junior Amateur champion; this was a record that stood until it was broken by Jim Liu in 2010. He was named 1991's Southern California Amateur Player of the Year (for the second consecutive year) and Golf Digest Junior Amateur Player of the Year. In 1992, he defended his title at the U.S. Junior Amateur Championship, becoming the tournament's first two-time winner. He also competed in his first PGA Tour event, the Nissan Los Angeles Open (he missed the 36-hole cut), and was named Golf Digest Amateur Player of the Year, Golf World Player of the Year, and Golfweek National Amateur of the Year.