Arnold Palmer Net Worth
Arnold Palmer Net Worth: Arnold Palmer was an American professional golfer and entrepreneur who had a net worth of $700 million. During his lifetime, Arnold Palmer was considered to be one of the greatest golfers of all time. Perhaps more impressively, during his career Arnold earned more than $1.3 billion from endorsements and entrepreneurial ventures (after adjusting for inflation). Among his many wins and championships, he won the PGA Tour 62 times and the Championship Tour ten times. He was inducted into the World Golf Hall of Fame in 1974. He was born Arnold Daniel Palmer on September 10, 1929, in Latrobe, Pennsylvania. Coming from a humble background, Palmer's success in golf transformed the perception of the sport from an elite, upper-class boys club to a more democratic sport accessible to middle and working class people. After leaving Wake Forest University, he enlisted in the United States Coast Guard, where he served for three years. After leaving the Coast Guard he returned to golf. It was his win at the 1954 US Amateur that made him decide to try the pro tour. Arnold won the 1955 Canadian Open in his rookie season. He eventually went on to win numerous events on both the PGA Tour and Champions Tour. His performance on the golf course helped him earn the nickname "The King", a perfectly suitable nickname for one of golf's most popular stars and its most important trailblazer. Furthermore, he became the first superstar of the sport's television age, which began in the 1950s. Arnold Palmer went on to secure himself a place into the World Golf Hall of Fame in 1974 and won the PGA Tour Lifetime Achievement Award in 1998. Aside from playing golf, Palmer has had a diverse golf-related business career. He was the owner the Bay Hill Club and Lodge, which is the venue for the PGA Tour in Bay Hill, Florida, a suburb of Orlando. His company Arnold Palmer Enterprises, deals with the licensing, endorsements, spokesman associations and commercial partnerships. Palmer was globally recognized for his achievements as a golfer and being part of "The Big Three" in golf, along with Jack Nicklaus and Gary Player, the three key players who are widely credited with popularizing and commercializing the sport around the world. Arnold Palmer died on September 25, 2016 at the age of 87.