Phil Mickelson’s net worth in 2021

We begin with the obvious: Phil Mickelson is a very rich man with an impressive net worth in 2021. We haven’t been to his home, but we imagine it to be filled with leather-bound books and smells of rich mahogany. That’s what being good at golf does to a person. But Mickelson isn’t just a good golfer. He is a great golfer, one who's had a significant role in defining his generation and will forever be looked upon as a legend of the sport. 

Phil Mickelson’s net worth in 2021 (estimate): $400 million

According to Celebrity Net Worth, Mickelson has a net worth of $400 million. That’s around quadruple the amount of the NBA’s salary cap in the 2020-21 season. Mickelson obviously owes his fat bank account to his success on the golf course. As of this writing, Lefty has a total of 44 PGA Tour victories. His first PGA Tour win was at the Northern Telecom Open way back in 1991. 

Phil Mickelson turned pro in 1992, though he’s already played in PGA Tour events as far back as 1988, when he both missed the cut at the Shearson Lehman Hutton Andy Williams Open and at the Los Angeles Open Presented by Nissan. That rough introduction to PGA Tour play was just par for the course for a then 18-year-old Mickelson. It won’t take long before he started to rake in wins and collect cheques on a consistent basis. 

In fact, after all these years of swinging clubs, Mickelson has managed to collect over $92 million in career golf tournament earnings, the second-highest all-time. The only guy who’s earned more than Mickelson? That would be some golfer named Tiger Woods, who’s cashed in almost $121 million from playing golf alone. 

One surprising fact about Mickelson is that despite being one of the most recognizable faces of the sport — and regarded as among the top guys — he waited for a very long time before he was able to call himself a major tournament champion. He lasted over a decade in his professional career with his resume lacking what many of his fellow elite golfers had on theirs. But this major championship drought mercifully ended in 2004 when Mickelson topped the field and took home a Green Jacket at The Masters, beating Ernie Els by just a stroke to get the victory. To make things way sweeter for Mickelson, he also got paid $1.117 million for his victory.

The following year, Mickelson won another major event, as he emerged victorious at the 2005 PGA Championship. Once again, Mickelson found himself laughing his way into the bank with a cheque worth $1.17 million. From 2006 to 2013, Mickelson won three major championships, two at the Masters (2006, 2010) and a first one at the Open Championship in 2013. Between those three major wins, Mickelson amassed over $4 million in prizes. 

The only one missing in Mickelson’s trophy case is a US Open trophy. He nearly got one in at least six different times, since he’s finished runner-up at the US Open a total of — you guessed it — six times. Mickelson’s no longer at his prime, but he’s still capable of winning tournaments — and raking in money. 

In 2018, Phil Mickelson got richer by $9 million for playing Tiger Woods in a pay-per-view match, which pitted one incredibly wealthy talent against another. 

Mickelson’s net worth is also getting constant boosts from his extensive array of endorsements. Among his sponsors are Amgen, Callaway Golf, Heineken N.V., Intrepid Financial Partners, KPMG, and Rolex. Moreover, he finalized endorsement deals with Amstel Light and Melin in 2020.

According to Forbes, Mickelson has racked up $750 million in earnings from endorsements. He made nearly $41 million in 2020 as of June. 

When it comes to real estate, Mickelson can certainly wow almost anyone with his collection of properties. He and his family used to reside at a Rancho Santa Fe, California home which they bought for $6 million in 2001. Seven years later, they were able to sell the property for $5.725 million.

Lefty also is in the golf course design game and just had the Mickelson National Golf Club open in Canada in 2020.

Phil Mickelson can retire from golf right this moment and he’d still earn millions from his several financial endeavors. But who said Mickelson is going to step away from the sport he’s been playing for almost his entire life?

Just as his search for a US Open victory continues, his seemingly well established money-making mechanisms will also continue generating income for the great Lefty. It would be great to see him finish off that career Grand Slam. Only five men have won a modern career Grand Slam.