Wealthiest
Photo of Jack Nicklaus

Jack Nicklaus

Jack William Nicklaus, nicknamed The Golden Bear, is an American retired professional golfer and golf course designer. In 2022, Jack Nicklaus's net worth is estimated to be $350 million dollars.

March 29, 2022

Words by Matthew Taylor

Jack Nicklaus Net Worth

$350 million

Est. Range $271M - $429M

Medium Confidence

Jack William Nicklaus, nicknamed The Golden Bear, is a retired professional golfer and golf course designer. He is widely considered one of the greatest golfers of all time. He won 117 professional tournaments in his career, including a record 18 major championships. Nicklaus focused on the major championships and played a selective schedule of regular PGA Tour events. He competed in 164 major tournaments, more than any other player.

Nicklaus won the U.S. Amateur in 1959 and 1961 and finished second in the 1960 U.S. Open. Nicklaus turned professional at age 21 toward the end of 1961. He earned his first professional victory at the 1962 U.S. Open, defeating Arnold Palmer by three shots in a next-day 18-hole playoff and launching a rivalry between golf superstars. In 1966, Nicklaus became the first player to win the Masters Tournament two years running; he also won The Open Championship, becoming at age 26 the youngest player to win all four golf majors. He won another Open Championship in 1970.

Between 1971 and 1980, he won nine more major championships, overtook Bobby Jones's record of 13 majors, and became the first player to complete double and triple career grand slams. He won the 1986 Masters, his 18th and final major championship at age 46, the tournament's oldest winner. Nicklaus joined the Senior PGA Tour when he became eligible in January 1990, and by April 1996 had won 10 tournaments, including eight major championships despite playing a very limited schedule. He continued to play at least some of the four regular Tour majors until 2005 when he made his final appearances at the Masters Tournament and The Open Championship.

Today, Nicklaus heads Nicklaus Design, one of the world's largest golf course design and construction companies. Nicklaus runs an event on the PGA Tour, the Memorial Tournament, named after the annual honoring it bestows to individuals associated with the game of golf.

You vs. Jack Nicklaus

How long would it take you to earn as much as Jack Nicklaus?

Richest Athletes

The average salary for athletes in the United States is around $49,143 per year. Not however, if you play in the NBA where the average salary is projected to be around $8 million this year. Even then, though, earnings vary greatly. While some of the top players (we’re looking at you, Stephen Curry) earned over $45 million last year, others didn’t even reach the million-dollar mark.

All sports aren’t created equal though and basketball doesn’t even make the top five highest earning sports. Ice hockey, tennis and soccer stars round out the top three, with athletes in those sports able to build a huge amount of wealth from their appearance fees alone.

Still, there’s always ways for athletes to increase their earnings. UFC fighter Conor McGregor managed to be the top earning athlete in 2021, but a sizeable amount of his income was due the sale of his majority stake in Irish whiskey distiller Proper No. Twelve. However, opportunities for athletes go well beyond business deals.

As is the case with actors, musicians and other celebrities, the golden ticket to building an athlete’s net worth tends to lie in endorsements, sponsorships and selling their name (and often photos) wherever they can. Athletes have to be careful about what they do and say though… more than a few athletes have lost their product endorsements and been dropped by a brand over a scandal or unwise comment.

Buying Power

Jack Nicklaus's net worth of 350 million can buy...

11111x
Rolex GMT Master II
Priced at $31,499
2662x
Tesla Model S
Priced at $131,440
573x
Prestige 420 yacht
Priced at $610,000

Methodology

The Wealthiest Index is a ranking of the world's richest people. In calculating Andre Agassi’s net worth, we strive to provide the most transparent calculations available with detailed analysis of how that Andre Agassi’s fortune was made. Each net worth figure is updated at regular intervals to reflect market movements.

Related

Photo of Shaquille O'Neal

Shaquille O'Neal

Shaquille Rashaun O'Neal, known commonly as "Shaq", is an American former professional basketball player who is a sports analyst on the television program Inside the NBA.

Photo of Phil Mickelson

Phil Mickelson

Philip Alfred Mickelson, nicknamed Lefty, is an American professional golfer.

Photo of Alex Rodriguez

Alex Rodriguez

Alexander Emmanuel Rodriguez, nicknamed "A-Rod," is an American former professional baseball shortstop and third baseman, businessman and philanthropist.

Photo of Greg Norman

Greg Norman

Gregory John Norman AO is an Australian entrepreneur and retired professional golfer who spent 331 weeks as the world's Number 1 Official World Golf Rankings ranked golfer in the 1980s and 1990s.