Tiger Woods: The Income Billionaire
I have written in my previous articles about “How to become a Billionaire” that a single person can’t earn a billion dollar in his/her life. This is because a billion dollar is the valuation of Assets mainly a bulk of shares in the publically listed Businesses.
All the Forbes Billionaires are Billionaires because the net worth of their own shares in their own publically listed companies is worth of billions. Becoming a Billionaire is the game of creating valuations in the economy. Valuations of Businesses mainly. The more Businesses you develop and take them to the public, the more wealth you can create and get richer.
But, well Today I want to tell you about a person who is going to be a Billionaire from his Income very soon. That person is the world famous golf player, Tiger Woods.
Well, Yes. The Billionaire Status is Tiger wood’s Next trophy according to MSNBC
Tiger Woods will become a billionaire by the end of 2010. And well, This much amount of money he has earned from by playing a golf only. In other words, Tiger Woods will be the first Income Billionaire in this world.
Actually it would take a little longer to become a Income Billionaire for him because of the Taxes and management fees eat into his prizes.
Tiger Woods is the highest paying professional athlete of the year 2008. He earned $ 110 Million in Prizes and bonuses last year.
Thus, if you are a high skilled professional player than you can become an Income Billionaire.
But well, I think developing a successful Business and taking that business to the public is more easy way to become a billionaire rather than becoming a professional player. What do you think?…!!!
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