Phil Mickelson Net Worth: Golfer Earned $40M In Endorsements, Only $800,000 Winnings In 2020

Phil Mickelson’s net worth is $400 million. One of the greatest ever to play the game is also one of the most sought after golf ambassadors.

Mickelson’s best might already be past him, but no one could count him out. At 50 years old, he can pull off surprises in tournaments. As one of the most decorated golf players in his generation, it is not surprising that he is also an in-demand endorser.

In 2020, the legend earned $40 million in sponsorships and collaborations alone. Although he won only $800,000 in winnings, Mickelson can still laugh his way to the bank. According to FanBuzz, Mickelson has bagged 44 PGA Tour events and five major championships in his career that spans almost three decades. No one lasts long in golf without earning massive money or respect from accolades and Mickelson has shown his brilliance even before turning pro in the early ‘90s.

Nicknamed “The Lefty,” he captured his first PGA tour event while being an amateur. After multiple majors and tour titles, a dilapidating injury threatened to end his career in 2016 but after two successful sports hernia surgeries, he was back to his old self, per Celebrity Net Worth.

On the personal side, the San Diego, California native is married and has three children. He owns several golf courses, which demand annual private membership fees. Among the golf courses he is part of are The Rim Golf Club, The Stone Canyon Club, Palm Valley Club and Ocotillo Golf Club, among others.

Lefty used to own a home in La Jolla, California but he sold it for $2.7 million in 2012. He also bought a 4.55-acre property and sold it for $5.7 million. This year, his family acquired a lot in Jupiter, Florida where he will live close to rival Tiger Woods and basketball icon Michael Jordan.

The son of an airline pilot and former naval aviator amassed millions from prize winnings. His career total is at least $90 million which only trails the prize winnings of Woods in the rankings game. However, his net worth ballooned due to lucrative deals he signed up for in the past. It was estimated that he bagged up to $800 million out of endorsements and prize winnings in his career. Some of the brands that he represents are Rolex, Amgen, Callaway Golf, Workday, KPMG, Intrepid Financial Partners, Exxon Mobil, Titleist, Ford, Enbrel, Grayhawk, Mizzen+Main and Barclays. In 2020, he added Amstel Light and Melin to his sponsorship portfolio.

What makes him ideal as an endorser is his longevity in the sport and being a family man who has not been involved in major issues outside golf. He also plays it smart, based on the titles and lucrative deals he won in the past years.