Altogether, the 20 African tycoons are worth $68.7 billion, down from $75.4 billion for last years list. However, the average net worth for each list member this year has climbed to $3.4 billion from $3.3 billion in early 2018.
Buffeted by plunging stock prices and weaker currencies, the number of African billionaires has shrunk to just 20, down from 23 a year ago. Four people fell off Forbes annual list of the continents richest since last year while one returned to the ranks after a four-year absence. All but four members of the list have smaller fortunes than a year ago.
For the eighth year in a row, Aliko Dangote of Nigeria is Africas richest person. His estimated $10.3 billion net worth, however, is nearly $2 billion less than a year ago, primarily due to a roughly 20% drop in the stock price of Dangote Cement, his most valuable asset.
The continents second richest is Mike Adenuga, also of Nigeria, worth an estimated $9.2 billion. Adenuga owns Globacom, which is Nigerias third largest mobile phone network, plus oil exploration firm Conoil Producing, extensive real estate holdings in Nigeria, and a network of 12,000 cell phone towers. His net worth has climbed dramatically from $5.3 billion in January 2018 as a result of more detailed information provided by him about his assets.
Number three in Africa is diamond heir Nicky Oppenheimer of South Africa. His grandfather founded diamond mining firm DeBeers, which Nicky ran and then sold to mining giant Anglo American for $5.1 billion cash in 2012. He is currently worth an estimated $7.3 billion, down from $7.7 billion a year ago.
Among the few on the list who are richer than a year ago is Strive Masiyiwa of Zimbabwe, worth an estimated $2.3 billion, up from $1.6 billion last year. Hes richer due to a rise in the share price of Econet Wireless Zimbabwe and a new investment that boosted the value of his stake in fiber optic and satellite services firm Liquid Telecom.
In a per country ranking, Egypt and South Africa are tied with five billionaires each, followed by Nigeria with four and Morocco with two. Forbes found one billionaire each from Algeria, Angola, Tanzania and Zimbabwe.
The three South Africans who fell off since last years list are Stephen Saad, founder of generics drug firm Aspen Pharmacare; Desmond Sacco, chairman of iron ore mining company Assore Group; and Christoffel Wiese, founder of retailer Pepkor and former chairman of furniture retailer Steinhoff International, which acquired Pepkor in 2015. Steinhoff is still reeling from an accounting scandal that was disclosed in December 2017, and shortly afterwards, Wiese stepped down as chairman of the company. The fourth dropoff is Onsi Sawiris of Egypt, who owns a stake in Netherlands-based fertilizer and chemical producer OCI N.V. All four fell off due to a decline in the stock price of their main asset.
Nigerian cement mogul Abdulsamad Rabiu, who runs and owns the BUA Group, returns to the list for the first time since 2015. He merged his Kalambaina Cement firm into publicly-traded Cement Company of Northern Nigeria, which he controlled, in late 2018. Rabiu now owns 97% of the list entity. Kalambaina, which operates a new cement production facility, started selling cement in mid-2018. Separately, Rabius OBU Cement recently expanded its operations, adding a new production line.
Two of the 20 billionaires are women: Isabel dos Santos, the daughter of Angolas former president, Jose Eduardo dos Santos; and Folorunsho Alakija of Nigeria. Dos Santos fortune declined to an estimated $2.3 billion, down from $2.7 billion a year ago, primarily due to a drop in value of her stock holdings in oil firm Galp and communications firm Nos both in Portugal and a decline in the value of Angolan mobile telecom firm Unitel, of which she owns 25%. Unitel is in an arbitration with one of its shareholders, Brazilian telecom firm Oi, which claims it is owed $608 million in unpaid dividends from five years through 2014. (Unitel did not respond to a request for comment.)
Nigerias Alakija owns a stake in one of the most productive oil fields in Nigeria, currently operated by Chevron. Her net worth dropped due a decline in the value of the oil field, in part because its production has leveled off.
Altogether, the 20 African tycoons are worth $68.7 billion, down from $75.4 billion for last years list. However, the average net worth for each list member this year has climbed to $3.4 billion from $3.3 billion in early 2018.
Our list tracks the wealth of African billionaires who reside in Africa or have their primary businesses there, thus excluding Sudanese-born billionaire Mo Ibrahim, who is a U.K. citizen, and billionaire London resident Mohamed Al-Fayed, an Egyptian citizen. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his expansive telecom holdings in Africa.) We calculated net worths using stock prices and currency exchange rates from the close of business on Friday, January 4, 2019. To value privately-held businesses, we couple estimates of revenues or profits with prevailing price-to-sales or price-to-earnings ratios for similar public companies. Some list members grow richer or poorer within weeks or days of our measurement date.
-Dangotes grandfather was a successful trader of rice and oats in Kano, Nigerias second largest city.
-Dangote told Forbes that when he was young, he bought sweets, gave them to others to sell, and he kept the profits.
Nigeria is one of the best-kept secrets. A lot of foreigners are not investing because theyre waiting for the right time. There is no right time.
Adenuga, Nigerias second richest man, built his fortune in telecom and oil production. His mobile phone network, Globacom, is the third largest operator in Nigeria, with 43 million subscribers. His oil exploration outfit, Conoil Producing, operates six oil blocks in the Niger Delta. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. He made his first million at age 26 selling lace and distributing soft drinks.
-Mike Adenuga made his first million at age 26 selling lace and distributing soft drinks.
Oppenheimer, heir to his familys fortune, sold his 40% stake in diamond firm DeBeers to mining group Anglo American for $5.1 billion in cash in 2012. He was the third generation of his family to run DeBeers, and took the company private in 2001. For 85 years until 2012, the Oppenheimer family occupied a controlling spot in the worlds diamond trade. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights with its fleet of three planes and two helicopters. He owns at least 720 square miles of conservation land across South Africa, Botswana and Zimbabwe.
-Oppenheimer owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa.
-Oppenheimer is a sports fan and plays squash, golf and cricket. Notepads in his office read: Things I must do before cricket.
Nassef Sawiris is a scion of Egypts wealthiest family. His brother Naguib is also a billionaire. Sawiris split Orascom Construction Industries into two entities in 2015: OCI and Orascom Construction. He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange. Orascom Construction, an engineering and building firm, trades on the Cairo exchange and Nasdaq Dubai. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas.
-A University of Chicago graduate, he donated $20 million to the school in 2015 to fund scholarships in his fathers name for Egyptian students.
-Nassef Sawiris teamed up with Fortress Investment Groups Wes Edens to purchase a majority stake in Aston Villa Football Club.
Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. The company is best known for the brands Cartier and Montblanc. It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s. He owns a 7% stake in diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding co. based in Luxembourg. In recent years, Rupert has been a vocal opponent of plans to allow fracking in the Karoo, a region of South Africa where he owns land.
-He also owns part of the Saracens English rugby team and Anthonij Rupert Wines, named after his deceased brother.
-Rupert says his biggest regret was not buying half of Gucci when he had the opportunity to do so for just $175 million.
Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. Cevital owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. Rebrab has plans to build a steel mill in Brazil to produce train tracks and improve transportation logistics for sugar, corn and soy flour exports. His five children workat Cevital.
-Rebrab is the son of militants who fought for Algerias independence from France.
-Cevital helped finance a biopic on Algerian resistance hero Larbi Ben Mhidi, who was executed by the French in 1957.
We [Algerians] have great potential; we can make up for lost time.
Naguib Sawiris is a scion of Egypts wealthiest family. His brother Nassef is also a billionaire. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. Hes chairman of Orascom Telecom Media & Technologyrenamed Orascom Investment Holding to reflect investments in other sectors. Family holding La Mancha has stakes in Evolution Mining, Endeavour Mining and Golden Star Resources, which operate gold mines in Africa and Australia. In 2017, he shifted ownership of La Mancha to his mother, Yousriya Loza-Sawiris, for estate planning purposes.
-Sawiris helped found the Free Egyptians, a liberal political party, at the onset of Egypts uprisings in 2011
-In 2015, he offered to buy a Greek or Italian island to house Syrian refugees, but Greece and Italy turned him down.
I want to feel good about having done something good. Provide me with the island and I will do the rest.
Bekker is revered for transforming South African newspaper publisher Naspers into an ecommerce investor and cable TV powerhouse. He led Naspers to invest in Chinese Internet and media firm Tencent in 2001 by far the most profitable of the bets he made on companies elsewhere. Naspers has a 31% stake in Tencent, and Bekker serves as a non-executive director at the Chinese company. It sold a 2% stake in Tencent in March 2018, its first time reducing its holding, but stated at the time it would not sell again for 3 years. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015.
-His Babylonstoren estate, nearly 600 acres in South Africas Western Cape region, features architecture dating back to 1690, a farm, orchard and vineyard and more.
-Over the summer of 2015, he sold more than 70% of his Naspers shares.
Dos Santos is the oldest daughter of Angolas longtime former president, Jose Eduardo dos Santos, who stepped down in fall 2017. Her father made her head of Sonangol, Angolas state oil firm, in June 2016, but Angolas new president removed her from that role in November 2017. Forbes research found that while president, Isabels father transferred to her stakes in several Angolan companies, including banks and a telecom firm. She owns shares of Portuguese companies, including telecom and cable TV firm Nos SGPS. A spokesperson for Isabel told Forbes that she is an independent business woman and a private investor representing solely her own interests.
-Isabel dos Santos is nicknamed the princess in Angola.
-Santos mother, Tatiana Kukanova, met her father while he was a student in Azerbaijan. The couple later divorced.
Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires; his son Loutfy heads private equity arm Man Capital.
-Mansours father lost his fortune, when Egypts then president, Gamal Abdel Nasser, expropriated his cotton trading company in 1964.
-Mansour worked as a busboy in a pizza parlor while at North Carolina State University to pay for college.
Empowering best in class management teams is the only way to transform a local player into a diversified conglomerate with multinational exposure.
Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. His other assets include stakes in mobile phone networks in Burundi and Lesotho, and investments in fintech and power distribution firms in Africa. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho.
-After studying at university in Britain, Masiyiwa worked at ZPTC, Zimbabwes phone company.
-He left ZPTC to start an engineering services firm, then sold it and founded Econet Wireless Zimbabwe, but had to battle the government in court for years.
Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. In 2016, he launched a new private equity firm, African Rainbow Capital, focused on investing in Africa. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. He became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a contracting business doing mine scut work. In 1994, he bought low-producing gold mine shafts and later turned them profitable.
-In 2013, the mining magnate was the first African to sign Bill Gates and Warren Buffetts Giving Pledge, promising to give at least half his fortune to charity.
-Motsepe benefited from South Africas Black Economic Empowerment (BEE) laws, mandating that companies be at least 26% black-owned to get a government mining license.
Aziz Akhannouch is the majority owner of Akwa Group, a multibillion-dollar conglomerate founded by his father and a partner, Ahmed Wakrim, in 1932. It has interests in petroleum, gas and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene.Akhannouch is Moroccos Minister of Agriculture and Fisheries and the president of a royalist political party.
Mohammed Dewji is the CEO of METL, a Tanzanian conglomerate founded by his father in the 1970s. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa. METL operates in at least six African countries and has ambitions to expand to several more. Dewji, Tanzanias only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes.
-Dewji retired from Tanzanias parliament in early 2015 after completing two terms.
-Dewji, who is known as Mo (short for Mohammed), launched Mo Cola several years ago to compete with Coca-Cola.
Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. His father was a shareholder in RMA Watanya, a Moroccan insurance company; Benjelloun built it into a leading insurer. Through his holding company FinanceCom, he has a stake in the Moroccan arm of French telecom firm Orange. Benjelloun inaugurated a $500 million plan to build the 55-story Mohammed VI Tower in Rabat. It will be one of the tallest buildings in Africa. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies.
-He co-owns Ranch Adarouch, one of the biggest cattle breeders in Africa.
-Benjelloun and his wife received the David Rockefeller Bridging Leadership Award for building schools in rural Morocco in 2016.
Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. In December 2018, Rabiu merged his privately-owned Kalambaina Cement company with listed firm Cement Co. of Northern Nigeria, which he controlled. His BUA Group also owns Obu Cement, which expanded its production with a new line in 2018. Rabiu, the son of a businessman, inherited land from his father. He set up his own business in 1988 importing iron, steel and chemicals.
Mansour is a shareholder in family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. His brothers Mohamed and Youssef are also billionaires and part owners of Mansour Group. Hes chairman of Palm Hills Developments, one of Egypts biggest real estate developers.
-U.S. private equity firm Ripplewood has a stake in Palm Hills Developments.
-Mansour Group is the sole franchisee of McDonalds in Egypt, as well as the distributor of Gauloises cigarettes.
Mansour is chairman of family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. He oversees the consumer goods division, which includes supermarket chain Metro, and sole distribution rights for LOreal in Egypt. Younger brothers Mohamed and Yasseen are also billionaires and part owners of Mansour Group.
-Former Egypt President Gamal Abdel Nasser nationalized his fathers original cotton trading business.
-Mansour is a founding member of the American Egyptian Chamber of Commerce.
Folorunsho Alakija is vice chair of Famfa Oil, a Nigerian oil exploration company with a stake in Agbami Oilfield, a prolific offshore asset. Famfa Oils partners include Chevron and Petrobras. Alakijas first company was a fashion label whose customers included the wife of former Nigerian president Ibrahim Babangida. The Nigerian government awarded Alakijas company an oil prospecting license in 1993, which was later converted to an oil mining lease. The Agbami field has been operating since 2008; Famfa Oil says it will likely operate through 2024.
Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. The bank, which trades on the Johannesburg Stock Exchange, targets South Africas emerging middle class. He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland.
-The bank has more than 800 branches and over 13,000 employees.
-Fellow South African Jannie Moutons PSG Group owns a 30% stake in Capitec Bank
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The pop singer Taylor Swift lands the number 1 spot on the Forbes 2019 Celebrity 100 list, her highest earnings year yet.
Back in 2007,Jay-Z made a bold statementin songabout both his lyrical prowess and his future financial fortunes: Im already the G.O.A.T.next stop is the billie.
Sure enough,Forbesdeclaredhim hip-hops first billionaire earlier this month. The news caught the attention of observers around the worldnot only due to the breadth of Jay-Zs financial achievement, but because of what it means for others looking to follow in his footsteps.
Jay-Zs entire life is the real blueprint, says hip-hop pioneer Fab 5 Freddy, longtime host of the showYo! MTV Raps. Hes one of the best examples in our lifetime of one whos truly achieved the American dream and billionaire status.
Naturally, Jay-Z tops this years ranking of hip-hops richest stars. Who will be the next billionaire from the rap world? The answer is almost certainly one of the names below.
The 32-year-old Canadian is the youngest on this list by a decade, but hes quickly gaining ground on hip-hops elder statesmen. Drakes fortune grew 50% over the past year, boosted by holdings ranging from real estate to his Virginia Black whiskey, as well as a lucrative tour and new residency at the XS Nightclub in Las Vegas.
Every year, we just want to get more prepared and better at touring and better at things that make money, hetoldForbesin 2013 (his average gross has since surged from $500,000 to more than $2 million per stop). Thats pretty much my objective every year, other than making good music.
A onetime protg of Jay-Z, the superproducer has been making headlines recently for his Sunday Service, an invitation-only get-together mostly in Southern California that isreportedlyfrequented by the likes of Courtney Love and Tyler, the Creator. He took the show on the road in April for a Coachella service on Easter Sunday featuring appearances by Chance the Rapper, DMX and a gospel choirwhilehawkingsocks and holy spirit sweatshirts. But selling church clothes alone wont be enough to push West into ten-figure territory.
Despitedeclaringhimself $53 million in debt and beseeching Mark Zuckerberg for $1 billion to fund future creations in 2016, West makes his debut on this list thanks to a another patron: Adidas, which lured West and his Yeezy shoe line from Nike several years ago. Our accounting of Wests wealth is almost entirely predicated on a conservative estimate of that brands value. As it continues to scale up, he could one day join his sister-in-law, Kylie Jenner, as a billionaire.
I started my business career at age 12, delivering newspapers, Diddy explained two years ago in our centennial issue, where we named him one of the worlds greatest living business minds. Since then, Ive always understood that if I give the customers my best and service them differently, whether music, clothing or vodka, Ill get a return on my hard work.
The artist formerly known as Puff Daddy dips to No. 3 on this list as industry trends weigh on some of his holdings, including cable network Revolt and clothing line Sean John (though Diddy has sold much of his stake in the latter, he retains a sizeable piece). But Ciroc, the main driver of his fortune, is growing again after case volumes fell from all-time highs in recent yearsmaking the impresario perhaps the most likely candidate to join Jay-Z in the billion-dollar club.
Its been five years since Dr. Dre proclaimed himself a billionaire, butForbesstill doesnt agree with the assessment made in the wake of Apples $3 billion 2014 purchase of his Beats By Dr. Dre headphone line. The superproducer owned an estimated 20%-25% of the company at the time; of the $2.6 billion Apple paid upfront in cash, another $295 million wasearmarkedto cover debt payments, leaving Dre with a little over $500 million.
Even with the vesting of his final slug of Apple stock last summer, Dre hasnt quite made it into billionaire territory. He has spent heavily over the years on property (hepaid$40 million for Tom Brady and Gisele Bundchens Los Angeles estate) and charitable donations (along with Beats cofounder Jimmy Iovine, hegave$70 million to start a school at USC). And with his formal involvement at Apple seemingly wrapping up, Dre will likely need to get back on the festival circuitor start a new companyif hes to make good on his 2014 declaration.
Though hes hip-hops first billionaire, Jay-Zs lead on the rest of the pack is even larger if his entire family fortune is taken into consideration: He and wife Beyonc are now worth a combined $1.4 billion. So much for the notion that music is a dying business.
To convince artists that you cant be an artist and make money was the greatest trick in music that people ever pulled off, Jay-ZtoldForbesin 2010. I think the people that were making the millions said that.
In order to compile our ranking of the richest rappers, we use the same procedures employed in the calculation of our annualbillionaires list: poring over financial documents, valuing major assets, and consulting with analysts, managers, attorneys and other industry insiders.
Cover photographs: Getty Images (Dr. Dre: AP Images)
Major League Baseball had a staggering run this year when, over a four-week period, a quartet of its biggest starsNolan Arenado, Bryce Harper, Manny Machado and Mike Troutsigned blockbuster, long-term dealsworth a combined $1.3 billion. They ranked as four of the biggest playing contracts in the history of sports.
The deals will create generational wealth for their families, but only Trout, ranked 17th with $50.6 million, cracks the top 20 of theworlds highest-paid athletes.
The difference: Those four baseball stars generate barely $10 million in combined endorsement income while the top earners in basketball, soccer, tennis and golf all individually bank at least $30 million from sponsors annually; eight of the 11 best-paid athletes come from those four sports.
READ MORELionel Messi Claims Top Spot on Forbes 2019 List Of The Worlds 100 Highest-Paid Athletes
Most of the athletes ranked above Trout follow a similar path: Reach the highest levels of a global sport, and marketers swarm with endorsement deals to pitch their wares around the world.
Barcelona soccer legend Lionel Messi leads the way on this years list with $127 million, including $35 million off the pitch from partners Adidas, MasterCard, PepsiCo and more. Messi translates into every language.
Messi is only the fourth athlete to land in the No. 1 spot over the past 19 years, joining Tiger Woods (12 times), Floyd Mayweather (4) and Cristiano Ronaldo (2).
Messi succeeds Mayweather, who failed to get in the ring for a pro bout over the past 12 months but is likely still counting last years$285 million haul, which he earned largely from his 2017 bout against UFC star Conor McGregor.
Messi is joined by fellow global soccer icons Cristiano Ronaldo ($109 million) and Neymar ($105 million) at the top this year. It is the first time that soccer players have ranked as the top three earners in sports since Forbes began tracking athlete earnings in 1990.
Elite stars in other global sports are also extremely marketable on any continent. Roger Federer ranks fifth with $93.4 million, including $86 million off the court.
Federer will turn 38 in August and is a dinosaur in tennis years. Yet Japanese apparel brand Uniqlo signed the 20-time Grand Slam winner in 2018 to a10-year contract worth $300 million. Federer has a dozen sponsors looking to tap the cash-rich tennis fan demographic.
Basketballs leading trio of LeBron James ($89 million), Stephen Curry ($79.8 million) and Kevin Durant ($65.4 million) rank seventh through ninth, having earned a combined $130 million beyond their respective playing salaries.
READ MOREThe NBAs Highest-Paid Players 2019: LeBron James Leads With $89 Million
Their shoe deals, with Nike (James, Durant) and Under Armour (Curry), are by far the biggest endorsement for each player and dwarf what an MLB player can earn pitching baseball cleats and gear.
Sportswear brands, including Adidas, have used NBA stars in China for more than a decade to help establish a foothold in the worlds biggest market, sending big names like James and Durant there every summer on promotional tours. The NBA estimates640 million peoplein China watched some kind of NBA programming during the 2017-18 seasonthats nearly twice the population of the U.S.
Golf is another sport that reaches almost every corner of the globe, and no golfer has benefited more than Tiger Woods: He has made $1.4 billion during his career from endorsements and appearance fees, more than 10 times his prize money, and his net worth is astaggering $800 million. Woods ranks 11th on this years athletes list with earnings of $63.9 million, including $54 million off the course.
Tiger roared back over the past 12 months with his first win in five years (Tour Championship) and his first major title in 11 years (The Masters). Last year, he signed an exclusive multi-year global content partnership with Discoverys GolfTV. Head-to-head matches are part of the deal, and most will take place outside the U.S.
The 100 highest-paid athletes earned a combined $4 billion over the past 12 months, up 5% over the previous year. The increase jumps to 16% if you strip out the one-time stimulus of the 2017 Mayweather-McGregor fight. Endorsements fueled much of the gains, with sponsor-driven income at $987 million, up 12% from the previous year.
Overall, athletes from 10 sports and 25 countries made the top 100. Basketball (35 athletes) is the