Athletes
Chip Ganassi Net Worth
Chip Ganassi's Net Worth as of 2024
$20 Million
Floyd “Chip” Ganassi, Jr was born on 24 May 1958 in Pittsburgh, Pennsylvania USA, where he also won his first auto race in a Formula Ford at the tender age of 18. Few people have managed to build their wealth from their careers doing what they love to do, but Chip Ganassi has made a successful career in racing, first as a driver, but best known as the owner of Chip Ganassi Racing (CGR), now spanning over 35 years.
So just how rich is Chip Ganassi? Chips net worth is estimated by sources to be over $20 million as of early 2016, most of his wealth accumulated from being a race car driver, but especially from owning and managing Chip Ganassi Racing (CGR).
Chip Ganassi Net Worth $20 Million
Ganassi had a relatively normal upbringing, except that he had a desire to compete in any kind of racing sports activities. Even though this was more of a hobby than a goal for him, his parents supported him. Ganassi’s supportive parents even went as far as allowing him (at the age of 16) and his 17-year old friend to drive from Pennsylvania all the way to California just to participate in a motorcycle race.
Ganassi tried a different kind of motor racing after competing in nearly three dozen motorcycle races – auto racing – which jump-started his career. Even in his teens he was a busy man, he was attending college at Duquesne University, at the same time working for his father. Chip may have inherited his leadership and management skills from his father, Floyd Ganassi Sr. who owned FRG Group where Chip was the Vice President also. His father’s company was involved in commercial real estate, transportation and other areas. However, Chip was also competing in amateur races until in 1981, when he became regional champion. His professional racing career started with Super Vee, but a few days after graduating with a BA degree in Finance from Duquesne University, he qualified for the Indianapolis 500; it is important to highlight that at that time Chip was one of only 100 people to have ever qualified.
Subsequently his career highlights include finishing in 6th place in the Robert Bosch Formula Super Vee Championship in 1981 with his March-Volkswagen 79/80SV Ralt-Volkswagen RT5 car. It should be noted that he was not part of any racing team yet when he broke into car racing, but then his performance caught the eye of team owner Pat Patrick and he raced for them from 1981 – 1984. Unfortunately, Ganassi’s racing career effectively ended with crash at the Michigan 500 in 1984, suffering serious injuries, although he raced intermittently over the next three years, even winning the Kodak Copies 500 in 1986. However, he then bought into Patrick Racing in 1988, and his second career began.
After winning the Indianapolis 500 with Emerson Fittipaldi in 1989, as well as the CART series, Chip Ganassi formed his own team Chip Ganassi Racing (CGR) which would later bring him fame and fortune! The team has been very successful since its inception in CART, INDYCAR, NASCAR, GRAND-AM and, now, the TUDOR United SportsCar Championship, that many drivers crave to drive for his it.
It took CGR four seasons to win a race, but since then Ganassi has led the team to wins in all championship types, beginning with Indycar in 1996, through innovation in car design and recruitment of drivers capable of doing the job in those different types. Names such as Jimmy Vasser, Alex Zanardi, Dan Wheldon, Dario Franchitti and Juan Pablo Montoya are synonymous with CGR, and Chip is still going strong.
In his personal life, Chip Ganassi married tennis pro athlete, Cara Small in 1995, and they have a daughter, Tessa Ganassi who seems destined to follow in her father’s footsteps appearing at the Indianapolis 500 to make the first selection in the qualifications draw. The Ganassi family still resides in Chip’s hometown in Pittsburgh, Pennsylvania to this day.
Athletes
Tiger Woods Net Worth
Eldrick Tont “Tiger” Woods was born on 30 December 1975 in Cypress, California USA, of part-Chinese, and African- and Native- American (father) and Thai (mother) descent. He is one of the the world’s highest earning sportsmen, a professional golfer who was ranked number one in the world for a total of 545 weeks between in 1997 and 2010, and then for another 60 weeks in 2013-14, the most of any golfer, and during which period he won 119 tournaments on the PGA and European tours.
So just how rich is Tiger Woods? Regardless of the fact that Woods’ divorce from ex-wife Elin Nordegren (former Swedish model), cost him $100 million dollars – including $54.5 million in mortgage payment finalised in January 2016 – authoritative sources estimate that Tiger’s net worth is now still over $770 million, accumulated from golf prize money of around $160 million, and the rest from endorsements during a 20 year career, totalling overall more than $1.3 billion.
Tiger Woods Net Worth $770 Million
Encouraged by his father Earl, Tiger became a child golfing prodigy, already at the age of 3 putting against comedian Bob Hope. He was called on TV shows and published in Golf Digest magazine. He won age group events around the world from the age of eight, and being a 15 year-old teenager he became the youngest US Junior Amateur champion. He was educated at Western High School, Anaheim, but golf was his priority, and at 20 (1996), he became the first in golf history to win three consecutive US Amateur titles, while (apparently) studying at Stanford University.
Tiger then turned professional, and immediately signed multi-million dollar contracts with famous companies such as Nike and Titleist. Next year Woods won his first ‘major’, the US Masters, and achieved number one world ranking, the youngest and the fastest to get to that position. The list of his winnings is endless and achievements too many to mention, but apart from aforementioned 79 victories in the USA and Europe – only Sam Snead has won more(82) – he has won two Japan Golf Tour events, an Asian Tour event, one PGA Tour of Australasia event, as well as 21 titles as an amateur. Of particular significance is that Tiger has won 14 ‘major’ titles, second only behind Jack Nicklaus(18), which has included the ‘grand slam’ of golf three times. In addition, he had been awarded PGA Player of the year 11 times and the Byron Nelson award eight times. There can be no doubt that Tiger Woods has earned his net worth.
Woods is considered the most successful player of all times, partly because of his winning record, but also because he is the first and the only golfer to have earned more than a billion dollars. This fortune was made not only by playing golf, but also by signing very lucrative contracts with companies such as Rolex, General Motors, American Express, and Gatorade apart from Titleist and Nike, and becoming an ambassador for Gillette. Moreover, the businesses of Tiger Woods Foundation which promotes golf, and Tiger Woods Design which is involved with golf courses development, are also very profitable. The athlete is a published writer with “How I Play Golf” as well, which has brought him steady income from 1.5 million copies sold. He has also written a column for the magazine “Golf Digest’ – presumably both added to his net worth.
Following his very public divorce from Elin Nordegren who he married in 2004 – they divorced in 2010 and have two children – also involving details of infidelity over the years, Tiger Woods dated Olympic Games skiing gold medallist Lindsey Vonn for a couple of years, but apparently no more. He was raised a Buddhist, and professes to still follow the teachings.
Athletes
Roger Federer Net Worth
Roger Federer was born on 8 August 1981, in Basel, Switzerland to Robert and Lynette Federer, the latter’s South African descent entitling Federer to hold both Swiss and South African citizenship. Roger is perceived by many to be the greatest tennis player of all time, and this title could well be deserved both in successes on the court and maintenance at the highest level, plus his sporting personality rarely equalled in professional sportspeople.
So just how rich is Roger Federer? This outstanding professional tennis player is estimated to have a current net worth of $420 million, increasing momentarily as he continues to play most weeks of the year, and annual prize money plus endorsements can approach $100 million.
Roger Federer Net Worth $420 Million
Roger Federer first became interested in tennis when he was still a child. Starting school at six years of age, he quickly became the best tennis player in his age group. Eight years later he became the national age group champion, and was sent to train at the Swiss National Tennis Centre in Ecublens.In 1998 he won the ITF junior singles tournament and became the ITF Champion of the Year. After that his career skyrocketed. As of mid-2015, the Swiss-born athlete holds the record for ranking in the ATP No. 1 position for 237 consecutive weeks (from 2004 to 2008), and in total 302 weeks. The tennis icon has appeared in 25 Grand Slam finals and won seventeen of them. He has broken numerous records playing in these tournaments, including the record for 10 consecutive finals, and has acheived a Grand Slam of titles, plus jointly holding the record of seven Wibledon titles (with Pete Sampras) and five US titles (with Sampras and Jimmy Connors). During his long career, Federer has won over 80 tournaments in total, and it has been reported that he has won more prize money than any other player, although this is difficult to establish as values constantly change in comparison with previous champions.
Roger Federer also earns a great deal of money from his endorsement contracts. He has signed long-term deals with Nike, Rolex, Wilson and Credit Suisse, and recently he decided to collaborate with champagne brand Moet & Chandon. In addition to being one of the best-paid athletes out there, his endorsement contracts are just as impressive, as he receives $40 million every year just from his sponsors! According to Forbes, he holds # 8 place in a list of 100 top-earning celebrities as of 2013. But despite his huge financial success and celebrity status, Roger Federer does not hold back when it comes to helping those in need. In 2003 together with his mother he established the Roger Federer Foundationin order to help disadvantaged people and promote a healthy lifestyle. He was also one of the most active celebrities to participate in organizing charities raising money for the victims of the Indian Ocean earthquake in 2004 and Haiti earthquake in 2010.
He is fluent in Swiss-German, German, French and English languages. Like all men in Switzerland, Federer was supposed to serve in the Swiss army, but in 2003 he was released from this duty because of continuous back pain. Roger Federer, who is often called Maestro, is married to the former professional tennis player Miroslava Vavrinec. They met at the 2000 Sydney Olympics where she was competing as well. Due to a foot injury she retired from professional sports and now manages her husband’s public relations. In 2009 the couple married in Basel , and has two sets of twins – twin boys and twin girls.
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