Phil Mickelson Net Worth 2022 | Salary | Career Stats | Bio

Biographies

Phil Mickelson Net Worth: $300 Million
Phil Mickelson’s Annual Income: $50 Million Annually

What are Phil Mickelson’s career earnings and net worth?

Phil Mickelson is an American professional golfer with a $300 million net worth. He is one of the few golfers in history to have won three of the four major championships. To date, Phil Mickelson’s career earnings have exceeded $800 million. In certain years, he has made between $80 and $100 million. In recent years, he has earned between $40 and $50 million, the vast majority of which comes from endorsements.

 

At the time of writing, he has earned over $100 million from tournaments alone. Second only to Tiger Woods.

Early Years

Philip Alfred Mickelson was born on June 16, 1970 in San Diego, California. His father, Philip Mickelson, was a former naval aviator and airline pilot. Mickelson grew up in San Diego, California, and Scottsdale, Arizona. He imitated his father’s golfing style, which he learned from him. This is the reason why he has a left-handed swing, despite being a right-handed individual in everyday life. In 1988, he graduated from University of San Diego High School.

 

Professional Beginning

Mickelson received a full golf scholarship to attend Arizona State University and was immediately successful at the collegiate level. In fact, he won three NCAA individual championships and three Haskins Awards for Outstanding College Golfer of the Year in 1990, 1991, and 1992. Mickelson won a total of 16 tournaments during his collegiate career, and he was only the second golfer in history to be named first-team All-American for four consecutive years. He completed college in June of 1992.

 

Professional Career

Mickelson has experienced considerable success on and off the golf course. In 1991, when he was still an amateur, he won the Northern Telecom Open on the PGA tour. Due to his 1991 Tucson victory, he was exempt from the PGA tour’s qualifying process and was able to turn pro immediately after college graduation. From 1999 to 2003, he recorded seventeen top-ten finishes and six second- or third-place finishes, but he did not win any majors. 2004 marked his thirteenth year on the PGA tour, when he won his first major championship. Mickelson underwent two sports hernia surgeries in 2016, but made an unexpectedly speedy recovery and returned to the CareerBuilder Challenge with a T-21 finish. In 2019, he won the AT&T Pebble Beach Pro-Am, his 44th PGA Tour victory overall. This also made him the oldest winner of that competition at the age of 48. He announced in December 2019 that he would skip the Waste Management Phoenix Open for the first time since 1989 in order to compete in the Saudi International golf tournament. At an event held in Saudi Arabia in February 2020, he tied for third place.

 

Over the course of his career, he has won over 40 PGA tournaments, including four Major Championships: the 2004 Masters, 2005 PGA Championship, 2006 Masters, and 2010 Masters. He is currently one of the world’s best and most popular professional golfers.

Endorsements and Compensation

Phil Mickelson has earned over $100 million in tournament prizes throughout his career. At the time of writing, his total career earnings exceeded $800 million.

 

In a typical year, he earns between $40 and $50 million, with $10 million coming from salary and tournament winnings and an astounding $50 million from endorsements. Mickelson is the second-ranked golfer in terms of all-time career tournament winnings, trailing Tiger Woods by $110 million. Until 2015, he ranked third in tournament earnings, behind Vijay Singh ($70 million).

 

KPMG, ExxonMobil, Titleist, Ford, Enbrel, Callaway, Amgen, Grayhawk, Rolex, and Intrepid Financial Partners are Mickelson’s most prominent sponsors. After being treated with Enbrel for psoriatic arthritis in 2010, he began endorsing the drug. He had a 15-year endorsement deal with Barclays that expired in 2016. Simultaneously, he was named a “relief defendant” in an insider trading case by the SEC. He was not indicted for a crime. Between June 2017 and June 2018, Phil Mickelson’s salary and endorsements earned him $40 million. During the period from June 2018 to June 2019, he earned approximately $50 million. This includes the $9 million he received for defeating Tiger Woods.

 

Saudi League Controversies

In February 2022, Phil was embroiled in a controversy regarding the proposed Saudi Golf League. In an interview, Phil discussed the human rights record of Saudi Arabia and agreed that the new league presented a greater business opportunity than the PGA. Following the interview, Phil lost KPMG, his longest and most valuable sponsor.

 

Personal Facts

In 1996, Mickelson married his wife Amy. Amanda Brynn (born June 1999), Evan Samuel (born March 2003), and Sophia Isabel are their three children (October 2001).

 

Real Property

In 1999, Phil and Amy purchased a home in La Jolla, California, for $1.65 million. This home was sold in 2012 for $2,745,000.

 

Phil and his family have called Rancho Santa Fe, California home for many years. They paid approximately $6 million for a 4.55-acre property in 2001. In 2008, they listed it for sale at a lofty $12.2 million. In January 2015, they ultimately accepted $5,725 million.

 

Phil purchased an undeveloped lot in Jupiter, Florida for an undisclosed amount in January 2020. Tiger Woods and Michael Jordan will be his nearby neighbors.

 

Mickelson Exclusive Golf

Phil and a group of investors collectively own approximately six golf courses in Arizona. Private memberships are available for an annual fee.

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