Rory McIlroy Net Worth 2020 & Career Earnings

Rory McIlroy Net Worth, Career Earnings, Prize Money

What is Rory McIlroy net worth?

Rory McIlroy is a professional golfer who currently competes in the PGA European Tour and PGA Tour. McIlroy, who is presently the number one golfer in the Official World Golf Rankings (as of June 2020), ranks among the world’s very best golfers.

Since he turned Pro in 2007, McIlroy has progressed to become one of the young stars whose success in the PGA tour, has slightly eclipsed the reign of famous golfers such as Tiger Woods and Phil Mickelson. McIlroy is one of three golfers globally, who have won a Major title before the age of 25. McIlroy’s success has seen him earn a massive sum of money in career earnings at an early age. In 2012, McIlroy became the youngest star to record $10 million in wins. 

With an emphasis on McIlroy’s worth, we’ll review his early life, career, earnings, endorsements, charity, and luxury lifestyle.

Early Life

Rory McIlroy was born in Holywood, North Ireland, to Gerry McIlroy and Rosie McDonald in May 1989. McIlroy was introduced to the beautiful game of golf, by his father, Gerry, from an early age. His father was an avid and talented golfer who regularly golfed at the Holywood Golf Club. McIlroy’s father trained young McIlroy in the art of golf. 

As young as age 7, Rory McIlroy became the youngest member of the Holywood Golf Club. To build his ability, McIlroy practiced regularly and also watched videos. His favorite video was produced by Sir Nicholas Alexander Faldo, a retired golf player. 

His first significant success was at the Doral Golf Resort & Spa in Florida, where he won the World Championship. Michael Bannon began training McIlroy at an early age and remained his coach.

Career Summary & Winnings

When McIlroy was just 15, he was a member of the victorious Junior Ryder Cup team. The next year, McIlroy won the Irish Close Championship and West of Ireland Championships, making him the tournament’s youngest winner. He won the award the following year. McIlroy had previously committed to attending the East Tennessee State University on a golf scholarship but decided to continue playing amateur golf in Europe after his successes. When he newly turned 16, McIlroy competed in the British Masters. 

In September 2007, McIlroy turned Pro. In his first season of professional golf on the European PGA Tour, he earned €277,255 in prize money. In January 2008, his consistent above-average performances, saw him enter the top 200 in the Official World Golf Rankings. By the end of 2008, he had jumped to the 39th spot. February 2009, 19 years old, McIlroy claimed his first professional win at the Dubai Desert Classic. That year, McIlroy made his first appearance in the Masters, The Players Championship, and the US Open. 

In November 2009, McIlroy announced that he’d join the PGA tour based in America. In May 2010, McIlroy recorded his first victory in the PGA tour at the Quail Hollow Championship, making him the first PGA Tour player since Tiger Woods to win a tournament on tour before the age of 21. After a narrow loss at the 2011 Masters, McIlroy claimed his first Major title after winning the US Open. 

His win, which took him to the fourth spot in the World rankings, made him the youngest US Open winner since 1923. He earned $1,440,000 for his win and followed his US Open success with victory at the Lake Malaren Shanghai Masters and the UBS Hong Kong Open. McIlroy won his second Major in August 2012 at the PGA Championship, where he earned $1,445,000. He won several other tournaments to conclude his 2012 season a success. 

In 2013, McIlroy struggled with equipment change due to an endorsement deal penned with Nike. He, however, won the Emirates Australian Open. 2014 proved to be a very successful season for McIlroy, who claimed two Majors, the Open Championship and PGA Championship. He earned $1,665,788 and $1,800,000 respectively for both wins. 

His 2015 season saw him win several titles, which included no major win. His wins earned him his third European Tour Golfer of the Year Award. 2016 also proved to be a successful season for McIlroy. With no wins in 2017, McIlroy returns to winning way in March 2018 at the Arnold Palmer Invitational. In 2019, McIlroy won the Players Championship and received $2.25 million for his win. He also won several tournaments, such as the FedEx Cup. He earned $15 million for his victory, the highest ever paid in history. In February 2020, McIlroy returned to the top spot in the World ranking.

Rory McIlroy Career
Photo: YouTube

Rory McIlroy Net Worth in 2020

Rory McIlroy’s Net Worth is valued at $150 million, ranking him as one of the world’s wealthiest golf stars. Young and talented, McIlroy has recorded enormous success in the world of golf. His golf success has seen him claim four majors and several tournaments, which has earned him millions in prize money. In 2019, McIlroy had his biggest payday when he claimed the FedEx Cup and walked away with $15 million, the highest ever paid to a FedEx Cup winner. According to Forbes in 2020, McIlroy ranks as the 14th highest-paid athlete in the world, earning a total of $52 million from the 12-month period ending in May.

Much of his wealth has not come from winning tournaments, but from endorsement deals with top brands. McIlroy’s success has made him a popular figure in the mainstream media and thus has been leveraged by brands who have signed him on decade long deals worth fortunes. 

Aside from career winnings and Endorsements, McIlroy has other business dealings, which has generated revenue steadily. He launched GolfPass with NBC Sports in 2019. GolfPass is a subscription-based service that costs $99 annually and contains golf tips for coaches and golfers. He also invested in Golf Genius software, cloud-based software for tournament management.

RELATED: Top-20 Richest Golfers In The World 2020

Rory McIlroy Career Earnings

As of July 2020, Rory McIlroy’s career prize money earnings of $52,594,356 ranks as the eighth all-time golf money leader. With more years ahead in his career, McIlroy could move further forward in the list.

SEE ALSO: Top-20 Highest-Paid Athletes In The World 2020

Rory McIlroy Endorsements & Sponsors

Rory McIlroy boasts of a lucrative endorsement portfolio. His deal with Nike was rumored to be worth about $200 million. After Nike pulled out of the golf industry, liberating all golf athletes from existing contracts, he signed a decade long deal with TaylorMade reportedly valued at $100 million. Within a 12 month period, which ended in June 2020, McIlroy earned $30 million from endorsement deals. He has sponsorship deals with TaylorMade, Upper Deck, UnitedHealth Group, and Omega.

Rory McIlroy Charity & Philanthropy

In May 2020, following the return of golf to television, Rory McIlroy teamed up with Dustin Johnson in a charity match against Matthew Wolff and Rickie Flower. The game was held at Seminole Golf Club in Florida. In the skins game, McIlroy and Johnson both won £1.53 million for charity. McIlroy won 8 skins in the game, which equates to £1 million for charity. The money is set to be used in Coronavirus relief efforts. McIlroy also founded the Rory McIlroy Foundation, through which he provides financial support for children charities.

Rory McIlroy Luxury Lifestyle

House & Real Estate

McIlroy owns an £8.5million mansion in Jupiter, Florida. The estate located in The Bear’s Club covers 12,800 square feet and has seven bedrooms and ten bathrooms, a recording room, a game room, a spacious swimming pool, a tennis court, a gym, and a home cinema. 

McIlroy also owns a £9.5 million mansion in Palm Beach Gardens. The villa has six bedrooms, nine bathrooms, a giant swimming pool, and a gym. 

Cars Collection

Rory McIlroy’s car collection includes a Lamborghini Aventador, a Bugatti Veyron, an Audi RS6 and a Bentley. 

Private Jet

Rory McIlroy’s private jet is a Bombardier Challenger 605 jet valued at about $33 million.

Lessons from McIlroy’s Wealth & Success

1. Develop your skills

McIlroy once said, “I kept telling myself this word, process. Focus on my process; don’t care about the result.” His focus on developing his skills without focusing on the present results helped him build his skills so that he emerged as one of the best in golfers in the world.

2. Learn from experienced athletes

While growing up, Young McIlroy regularly watched videos of seasoned golfers and tried to imitate them in other to build his skills. That helped him to master golfing techniques quickly.

Summary

Net Worth:$150 Million
Career Earnings:$52,594,356
Date of Birth:May 4, 1989
Age:31 years old
Nationality:Northern Irish
Source of Wealth:Professional Golfer
Last Update:2020

As of 2020, Rory McIlroy’s net worth is valued at $150 million. That makes him one of the most affluent golfers in the world. His career prize money earnings of $52,594,356 rank him as the eighth all-time golf money leader.

Conclusion

In the course of building skills, one should not be bothered about the present result but on the process.

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