How much is Phil Mickelson worth?
|Net Worth:||$420 Million|
|Date of Birth:||June 16, 1970|
|Country:||United States of America|
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 on June 16, 1970, in San Diego, CA. Mickelson 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, CA, 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 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”. Phil attended The University of San Diego High School and graduated in 1988.
We calculate Phil Mickelson has a net worth of $420 million dollars, as of 2020. His annual earnings sit at about $50 million dollars per year, most of which come from endorsements.
How did Phil Mickelson get so rich?
The game of golf is either and expensive sport to play as a hobby or it can be incredibly lucrative to play as a professional.
For the average enthusiast the spends a small fortune on clubs, country club memberships and so on. Yet the occupation of being a pro golfer, especially at Phil Mickelson’s level, brings with it fame and fortune seen in very few other sports.
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 $120 million.
While Mickelson has done well for himself in terms of tournament earnings, he makes much more from endorsements. “Lefty” made $53 million from endorsements alone in 2011. His prize money from tournament placing was just $9 million for that same year.
Making a grand total of $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 in the last year alone from June 2019 to June 2020 Mickelson made at $50 million from endorsements alone.
Why is he so famous?
Phil Mickelson is very famous for a variety of reasons. The most obvious, and No. 1 reason, is because he is an outstanding pro golfer who competes head on head with one of the most famous sports figures in the world, Tiger Woods.
Golf is a wildly popular sport globally now and Mickelson is one of the top ranked in the sport. Phil has maintained a top 50 Official World Golf Ranking for 25 consecutive years. He’s a life member of the PGA Tour and one of it’s most legendary performers.
“Lefty” has enjoyed most of his career success competing in the PGA Tour with 44 wins. He started playing in the tournament as an amateur in 1991 which is when he won his first title.
The world of golf has known Mickelson’s excellence on the grandest of stages. 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.
What makes him so successful?
Phil Mickelson’s dedication to being the best at his sport is what makes him so successful. The number of countless hours perfecting his craft coming up as an unknown amateur propelled Mickelson to greatness and beyond.
Constantly making adjustments to his swing in order to remain elite has been crucial to Phil’s success. It’s that attention to detail and perfectionism that really keeps him ahead. With every birdie, eagle, and even the occasional whole in one, he marches toward immortality in the sport.
The ever-present tenacious competition with arch-rival Tiger Woods is another factor to Mickelson’s success. Although “Lefty” has been on the losing end of the two’s grueling battles more often than Woods, they were epic showdowns.
Even from a casual fan’s perspective, any time Mickelson and Woods faced off was must-see TV. While a tournament coming down to the last hole is entertaining, Tiger and Phil’s competitions often came down to the last shot. This rivalry with Tiger has driven Phil to drill his shots thousands of times and dig deeper than he ever wood on his own. It’s well known that a competitive streak can help us, and when competing with the best we become far better ourselves. This has been shown in both Phil and Tiger’s game, they have improved through competing with each other head on head, and in practice.
Mickelson also has an uncanny ability to promote, sell, and market himself and other companies, which has made him a massive success financially. If you look at his earnings at least 80% of the money Phil Mickelson makes comes from sponsorships, advertisements and endorsements. So his natural ability to look professional and trustworthy, while being able to maintain high standards of moral living, coupled with his ability to sell a product in an advertisement, has likely be worth hundreds of millions for him.
When an athlete is awesome at their profession and has an attractive personality too, their star always shines brightest. This is what we have seen with Mickelson, and it’s why he stays at the top both professionally in the sport, and financially with his top athlete earnings.
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. He’s reached worldwide fame and global recognition.
As fame and fortune shouldn’t be the only measurement of success, Phil is also a family man. He has a lovely wife and three kids. I imagine being rich makes it easier to be happy and have a fulfilling life. However, that’s not always the case as more money frequently causes more problems.
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.
As a closing note, one can see that Phil Mickelson grew up close to the sport at an early age. He was taught by his father, played with relative and later amateur competitors and always gravitated toward those that could help him in his sport and career. This has been a major factor in his enhancement over the years, and something each one of us can begin to practice more diligently in our careers.