Greg Norman is best known for spending 331 weeks as the world’s No. 1 golfer in the 1980s. The Australian golfer, who is now an entrepreneur, is currently the CEO of the monumental LIV Golf series.
He is undoubtedly one of the richest golfers in the world, and his net worth of $400 million says a lot about his success. Greg has managed to amass a huge net worth through his hard work and dedication on and off the golf course.
Greg NormanThe business of has added a considerable sum to his wealth, while part of his income also comes from endorsements. His work as CEO of LIV Golf continues to add an attractive amount to his lucrative earnings.
At the height of his career, Norman was earning $1 million a year from his playing career. He was the first golfer to reach the milestone of $10 million in career earnings. Norman has earned over $15 million in total from gambling.
Apart from that, Greg Norman’s real estate business has added a spectacular amount to his wealth. He lives in a beautiful house, which is a huge 26,000 square foot property in Florida.
The mansion, purchased in 1991 for $4.9 million, has four bedrooms, a six-car garage, a gym, game room, home theater and a swimming pool.
Early life and career of LIV Golf CEO Greg Norman
Greg Norman was born on February 10, 1955 in Mount Isa, Queensland, Australia, to Merlin and Toini Norman.
Growing up, Greg played cricket and rugby and aspired to pursue a career in surfing. However, he changed his plans after his mother introduced him to the world of golf.
After achieving success at the amateur level, Greg finally gained media attention by playing at the Queensland Open.
He started playing professional golf in 1975 at the age of 20 when he was an assistant professional golfer under Billy McWilliam OAM.
In 1976 Greg became a professional tournament player and that year he scored his first win at the West Lakes Classic at the Grange Golf Club in Adelaide.
Greg Norman then ventured onto the European circuit and won his first tournament in 1977 at the Blairgowrie Club in Scotland.
Norman has 88 professional victories, including two major championships. He has won 20 PGA Tours, 14 European Tours, two Japanese Golf Tours and 33 Australian PGA Tours. He also won the Open Championship twice in 1986 and 1993. After finishing second in the U.S. OpenGreg Norman was named a member of the World Golf Hall of Fame in 2001.
Greg explored the business sector after retiring from golf and is currently CEO of LIV Golf.
However, he would be under fire these days. According to several media, the series supported by Saudi Arabia plans to replace CEO Greg with a new candidate, and Mark King has a favorable chance of replacing him. Although there has been no official announcement about it, Greg Norman’s position may be in jeopardy.
It should be noted that Greg played a vital role in the success of the first season of the LIV series. Despite the controversy, the tournament ended successfully.