Arnold Palmer, the legendary golfer, had an estimated net worth of $850 million at the time of his death in 2016.
His wealth was accumulated through a combination of:
- Prize money: Palmer won 62 PGA Tour events, including seven major championships.
- Endorsements: He was one of the first athletes to become a major brand ambassador, with iconic endorsements like Arnold Palmer Tea and the Arnold Palmer Invitational.
- Business ventures: He owned and operated various businesses, including golf courses and restaurants.
- Investments: Palmer invested wisely in various industries, contributing to his substantial wealth.
Palmer's legacy extends beyond his impressive net worth. He is credited with popularizing golf and transforming the sport into a mainstream entertainment phenomenon. His charisma and down-to-earth personality made him a beloved figure, earning him the nickname "The King."
