What is the net worth of Rory McIlroy as of 2023? How much wealth does the PGA Tour star own? This is the place to learn everything you require to know.
Although we can only speculate as to Rory McIlroy’s actual net worth, the golfer himself is the only one who truly knows.
At the time of writing, McIlroy’s total on-course earnings on the PGA Tour is an incredible $80,095,557.
Throughout his career, he has also amassed an incredible $47,434,525 on the European-based DP World Tour.
Throw in the fact he’s also got lucrative multiyear contracts with TaylorMade and Nike, it’s not unreasonable to suggest the Northern Irishman is worth a pretty penny.
Let’s try and break it down.
Nike and TaylorMade
A bushy-haired, chubby-cheeked McIlroy reportedly agreed an endorsement contract with Nike in 2013 that was worth between $100-250m.
In 2017, the four-time major champ formally agreed a 10-year extension to that contract.
That allowed McIlroy to negotiate a contract with TaylorMade, said to be worth in the region of $100m.
McIlroy, along with Tiger Woods, are the two highest-profile staff players with the brand. The Northern Irishman extended his contract with TaylorMade in 2022.
Endorsements
As one might expect, McIlroy is a highly sponsored athlete. He also earns a sizable sum of money here.
He reportedly earns $40–50 million a year from his partners.
The golfer has endorsements from Optum, Omega, and Golfpass in addition to Nike and TaylorMade.
PGA Tour bonuses
The PGA Tour introduced the player impact program (PIP) in 2021. In short, it rewards players with cash for boosting engagement and publicity of the PGA Tour.
It will come as no surprise to you that McIlroy has made some big bucks here.
Tiger Woods proved he still moved the needle in the inaugural PIP, scooping $8m. McIlroy placed third and was given $3.5m.
In 2022, Woods was the top dog again as the PIP was expanded to reward the top 20 players. Woods was given $15m whereas McIlroy finished second, earning $12m.
Investments
In 2022, Rory McIlroy co-founded TMRW Sports alongside Tiger Woods.
TMRW Sports then launched TGL.
GolfMagic has already written everything you needed to know about TGL, the tech-forward, primetime golf league that features the PGA Tour’s top talent.
McIlroy has also put a bunch of money in other ventures.
In 2019, he set up Symphony Ventures. The primary purpose of the fund was to invest in emerging companies. One of those is fitness tech company Whoop.
During the early days of his career, McIlroy was also using Nike clubs, but the brand discontinued making golf equipment in 2017.
When McIlroy invested in Whoop, it was worth $1.2bn. The valuation has since grown exponentially.
He’s also invested in Future, a one-on-one digital fitness training platform and health companies called LetsGetChecked and Kaia Health.
Troon, the largest golf management company, also has McIlroy money.
Formula 1
In October 2023, McIlroy joined the backers of F1 team Alpine.
He was part of a $217m strategic investment into the team led by consortium Otro Capital. Joining McIlroy in that move was boxer Anthony Joshua and footballer Trent Alexander-Arnold.
McIlroy said he was open to the idea of investing into his beloved football team, Manchester United, at some point in the future.
He said: “Sports team ownership used to be limited to private equity, and people who had a ton of money. But now sports stars are becoming more savvy and using their money in the right way.”
What is Rory McIlroy’s net worth in 2023?
Rory McIlroy’s net worth in 2023 is estimated to be approximately $170m.
Forbes ranked McIlroy as the 15th highest-paid athlete.
Russell Westbrook, Kylian Mbappe, Lionel Messi, Cristiano Ronaldo, Phil Mickelson, Dustin Johnson, Roger Federer, Canelo Alvarez, LeBron James, Neymar, Giannis Antetokounmpo, Kevin Durant, Stephen Curry, and Leonardo da Silva were ahead of him.