How much is Phil Mickelson worth?
|Net Worth:||$450 Million|
|Date of Birth:||June 16, 1970 (age 52)|
|Country:||United States of America|
|Height:||6 ft 3 in (1.91 m)|
About Phil Mickelson
Phil Mickelson, aka “Lefty”, is a professional golfer who was inducted into the World Golf Hall of Fame in 2012. He was born in San Diego, CA and, after reaching peak fame, he was part of one of golf’s greatest rivalries of all-time as he was arguably Tiger Wood’s fiercest competitor. Along with brother Tim, and sister Tina, Phil was raised in San Diego, as well as Scottsdale, AZ. His father, Philip Mickelson, made his living as a naval aviator until eventually becoming an airline pilot. Phil grew up in a traditional family household and had a happy childhood.
Phil’s introduction to golf came from his father before he started high school. At least a few times per week, Phil’s father would practice with him in the family’s yard. His dad’s commercial airline pilot job provided him with enough free time to instruct Phil on his swing. Otherwise right-handed, Mickelson felt more comfortable holding the club with his left hand.
He also plays golf left-handed because he learned by mirroring his right-handed father’s swing. This is how he picked up the nickname “Lefty”. “Lefty” has enjoyed most of his career success competing in the PGA Tour with over forty wins. He started playing in the tournament as an amateur in 1991 which is when he won his first title. He has won five major championships. Phil won the Master’s Tournament a stellar three times (04′, 06′, 10′). In addition to capturing the PGA Championship trophy in 2005, he also won The Open Championship in 2013.
Mickelson is famous for his endorsements and TV commercials as well. While an endorser of Titleist, Phil was responsible for selling truckloads of golf clubs based on his recommendations. He is currently endorsing other household name brands such as Rolex, Exxon Mobile, and Callaway Golf. According to ESPN, Mickelson has amassed over $91 million in earnings over the course of his career as a professional golfer. That figure places him second on the all-time leaderboard behind Tiger Woods who has earned a total of an estimated $120 million.
While Mickelson has done well for himself in terms of tournament earnings, he makes much more from endorsements. “Lefty” made an estimated $53 million from endorsements in 2011. His prize money from tournament placing was just $9 million for that same year. Making a grand total of an estimated $62 million in 2011 was enough to be the second-highest-paid athlete in the world for the year. As he raked in greater income during his prime, Mickelson still builds his wealth exponentially in endorsements. In fact, from June 2019 to June 2020 Mickelson made over $45 million from endorsements alone.
Mickelson’s Total Net Worth
Phil Mickelson has earned over $100 million in tournament earnings and over five times that amount in endorsements. Golf is one of the most heavily endorsed sports and golfers earn far more money from their sponsorship deals than they ever do for their winning on the putting green. In total, Phil Mickelson has earned estimated total career income of $650 million dollars.
Of that amount, around $30-40 million is expected to have been paid in business related costs. The remainder, $615 million, will have been taxed at a rate of around 50% as Phil Mickelson has been residing in the state of California. After tax, it is estimated that his career earnings are at around $307.5 million dollars, having paid the same amount in taxes.
Phil Mickelson married Amy Mickelson in 1996 and they remain together. They have three children together, Amanda Brynn, Sophia Isabel and Evan Samuel Mickelson. In his personal life, Phil has likely spent around $15-17 million dollars of his career earnings but also probably possesses assets valued at around $5-8 million, not including investment assets. In his investments, he may have earned investment returns of $150 million dollars. Therefore, it is estimated that Phil Mickelson has a net worth of around $450 million dollars.
Phil Mickelson is a perfectionist on the golf course and an incredible salesman off the course, as well. He’s earned almost half a billion dollars from playing golf and endorsing a number of companies and products. Phil is also a family man. He has a wife and three kids. The marvelous and legendary Tiger Woods is probably considered the greatest golfer of all-time. Although, Phil Mickelson has to be in that same conversation. He has raised enough Major Championship trophy’s to stake claim as one of the top golfers in history.