Steve Williams Net Worth

June 2024 · 4 minute read

Table of Contents

Table: Steve Williams Net Worth

Net WorthSalaryBirthdateBirthplaceGenderHeightProfessionNationality
$20 millionEarned 15% of Tiger Woods’ tournament prizesDecember 29, 1963Wellington, New ZealandMaleN/AGolf CaddyNew Zealand

What is Steve Williams’ Net Worth?

Steve Williams, a New Zealand-born professional golf caddy, has an estimated net worth of $20 million. He accumulated his wealth primarily through his role as a caddie for several prominent golfers, most notably Tiger Woods. Williams served as Tiger’s caddie from 1999 to 2011, a period during which Tiger consistently ranked as the top golfer in the world and earned significant earnings. Additionally, Williams has caddied for other notable golfers such as Adam Scott, Peter Thomson, and Jason Day.

Highlights

– Steve Williams has a net worth of $20 million.
– He caddied for Tiger Woods from 1999 to 2011.
– Williams has also worked with other renowned golfers like Adam Scott and Jason Day.
– During his time with Tiger Woods, Steve earned at least $12 million in bonuses and salary alone.
– He received 10 vehicles from Tiger Woods as gifts.
– Williams’ net worth is primarily derived from his earnings as a caddie.

Early Life

Steve Williams was born on December 29, 1963, in Wellington, New Zealand. He discovered his passion for golf at an early age and began caddying when he was only six years old. By the time he turned ten, Williams was already caddying 36 holes on both Saturdays and Sundays. Although he initially pursued playing golf, he eventually found greater enjoyment in caddying.

Career

Williams started his professional caddying career by working for Greg Norman from 1982 to 1989. He then transitioned to caddying for Raymond Floyd from 1989 to 1999. However, Steve’s career took a remarkable turn when he was hired by Tiger Woods in 1999. The duo formed a highly successful partnership that lasted until 2011, with Steve carrying Tiger’s clubs during the prime of his career.

During the years with Tiger, Steve Williams earned 15% of Tiger’s tournament prizes, which often surpassed the typical salary of most professional tournament players. In 2007 alone, Williams earned $1.4 million in commission, placing him among the top 75 earners on the Professional Golfers’ Association (PGA) tour for that year. Apart from his salary, Williams also received additional income through endorsements and gifts from Tiger.

Following his departure from Tiger Woods, Steve Williams immediately began working for Adam Scott and remained his caddie until 2017. He then briefly worked with Danielle Kang in the same year before joining forces with Jason Day, with whom he continues to collaborate.

Personal Life

As of now, Steve Williams’ personal life details are not extensively publicized. However, it is known that he shares a professional relationship with the golfers he has worked with and maintains a low-profile public presence.

Net Worth Over Time

Steve Williams’ net worth has grown steadily throughout his career as a caddie. His association with Tiger Woods, alongside their shared success, significantly contributed to his wealth accumulation. As a successful caddie, Williams has benefited from substantial earnings in the form of salary, commissions, and additional perks.

Components of Net Worth

Steve Williams’ net worth primarily stems from the following components:

1. Salary: As a caddie, Williams earned a standard salary that typically consisted of 5% of the professional golfer’s tournament earnings. However, his partnership with Tiger Woods allowed him to negotiate a higher percentage, earning him at least $12 million in bonuses and salary alone.

2. Endorsements: A significant portion of Williams’ income also came from endorsements. As Tiger Woods’ caddie, he was associated with numerous sponsors and brands, further bolstering his financial profile.

3. Perks and Gifts: In addition to salary and endorsements, Williams received gifts and perks from Tiger Woods, including ten vehicles that Woods won at tournaments.

In conclusion, Steve Williams’ net worth of $20 million is a testament to his successful career as a caddie. His long-standing partnership with Tiger Woods, as well as his work with other renowned golfers, has contributed to his significant wealth accumulation over the years.

Disclaimer: All net worth figures mentioned are based on estimates and publicly available information. Corrections and feedback are welcome.

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