Greg Norman Net Worth
Greg Norman Net Worth, Salary and Career Earnings: Greg Norman is an Australian professional golfer and entrepreneur who has a net worth of $400 million dollars. Greg Norman was born February 10, 1955 in Mount Isa, Australia. During his career, Greg Norman has notched no fewer than 90 professional victories. He was inducted into the Golf Hall of Fame in 2001. He played rugby and Australian Rules football while growing up, but became hooked on golf at age 15 after serving as a caddie for his mom, Toini. Within a couple of years he was playing to a scratch handicap. After participating in a series of amateur events, he turned pro at age 21 in 1976. He began competing on the American PGA Tour full-time in 1983 and won the Kemper and Canadian Opens the following year. Norman became known as one of golf's more charismatic figures, but also developed a reputation for his inability to close out victories when the pressure mounted. In 1986, Norman entered the final day of play with the lead in all four major tournaments, but lost three of them. Despite his highly publicized shortcomings, Norman has achieved tremendous success in golf. His professional victories include two British Open championships and being ranked the No. 1 player in the world for a total of 331 weeks in the '80s and '90s. In addition, he led the PGA Tour in earnings and scoring average three times each. He was named Player of the Year in 1995. Norman established the Greg Norman Golf Course Design company in 1987, and expanded into other business avenues even as he maintained his full-time touring schedule. He founded the Greg Norman Collection clothing line in 1992, and made his debut into the wine industry with the launching of Greg Norman Estates in 1996. Today, the golfing great maintains all of his thriving business interests under the umbrella of his company Great White Shark Enterprises.
Marriages and Divorce Settlement: Greg has been married three times. He was married to Laura Andrassy, a former flight attendant, from 1981 to 2007. They had two children. When they divorced, Greg paid Andrassy a $105 million settlement. He was married to tennis player Chris Every for 15 months from 2008 to to 2009. In 2010 he married interior designer Kirsten Kutner.
Career Earnings: During his career, Greg Norman earned more than $1 million per year five times. He was the tour money leader in 1986, 1990 and 1995. He was the very first golfer to surpass $10 million in career earnings. During his career he earned a total of $14,484,458 on the course.
Real Estate: Greg Norman owns a vast and valuable real estate portfolio. One of his most-valuable properties is an 11,600-acre ranch in Colorado called Seven Lakes Ranch. The ranch features an 14,000 square-foot main lodge, equestrian facilities, guest cabins, staff housing, fitness center, spa and much more. He assembled the ranch by acquiring three adjacent land parcels. He listed the property for sale in 2017 for $55 million, though he did not find a buyer. He lowered the price to $50 million a year later. As of this writing the property is still for sale.
In 1991, Greg purchased a mansion in Jupiter, Florida for $4.9 million. He put the mansion up for sale in 2016 for $65 million but did not find a buyer. In July 2018 the demolished the 100+ year old, 26,000 mansion on the property.
Greg Norman Company: Greg founded the Greg Norman Company in 1993. Today the company is involved in dozens of industries, generating tens of million in revenue per year. The company includes divisions that design golf courses, a winery, a real estate development firm, private equity, eye-ware, clothing, steaks, restaurants and more. In 1991, he bought 12 percent of Cobra Golf for $1.9 million. The company sold five years later and Norman made a $40 million profit.
|Net Worth:||$400 Million|
|Date of Birth:||Feb 10, 1955 (65 years old)|
|Height:||6 ft (1.83 m)|
|Profession:||Architect, Golfer, Businessperson, Designer, Entrepreneur|