World No. 1 Golfer Scottie Scheffler’s Net Worth, Endorsements and Remarkable Rise to the Top

Scottie Scheffler’s rise to the top of the Official World Golf Ranking (OWGR) has been quick. In a short span, the resident of Dallas, Texas, is now regarded one of the world’s finest players. Read on to find out all about Scottie Scheffler’s golf journey, rising net worth, and impressive list of endorsements over the course of his career.

Since turning professional in late 2018, Scheffler has notched an amazing eight PGA Tour victories, among the highlights being the 2022 Masters Tournament at the Augusta National Golf Club. It was his first Major championship and along with the coveted Green Jacket came an eye-popping USD 2.7 million prize cheque.

The summit of professional Golf was his, and since then up till March 2024, Scheffler has towered like a colossus, holding onto the top spot on OWGR for over 75 weeks.

At 27, the world is Scheffler’s stage and he looks to scale greater heights, drawing comparisons with Tiger Woods along the way. We recount his career highlights and how his monetary gains have cemented the Scottie Scheffler brand.

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Scottie Scheffler: Net worth, career and endorsements

Career earnings of Scottie Scheffler

The signs of greatness came early. At 17, Scheffler won the US Junior Amateur Golf Championship, which led to a highly exclusive invitation to his first PGA Tour tournament.

His pro career began in late 2018 when he joined the Korn Ferry Tour, the feeder line to the PGA Tour. He played one season, claimed two titles and secured the 2019 Player of the Year award.

After graduating to the PGA Tour, he was named the 2019–2020 Rookie of the Year. Since then, Scheffler has gone on to become one of the handful of Golfers to have won multiple times in each calendar year on the PGA Tour starting from the 2021-22 season. He won four times in 2021-22, and the title wins alone got him USD 8.436 million among other payouts courtesy the other strong finishes that season.

In 2023, his two wins at the WM Phoenix Open and The Players Championship fetched USD 8.1 million alone, while the limited field Hero World Challenge at Bahamas in December last made him richer by USD 1 million. Being an unofficial event on the PGA Tour, the FedExCup points didn’t add up in The Bahamas, but the earnings from those three wins and other top finishes, like the T2 at the PGA Championship, did help Scheffler do a repeat. For the second successive year, he won the PGA Tour Money List and Player of the Year Award to add to the 2022 distinction.

The 2024 season is still young, but Scheffler has surpassed his class. The win at the Arnold Palmer Invitational (worth USD 4 million) for the second time in March set the tone for what was to unfold at the Players Championship. Scheffler made history by becoming the only player to defend the title at TPC Sawgrass and in the process earned a massive USD 4.5 million payout.

Financial milestones

Scheffler surpassed the USD 50 million milestone on the PGA Tour to become the 15th player to do so. With his official Tour earnings at USD 53,504,729 million after the Players Championship, Scheffler surpassed Jon Rahm to take 14th place on the all-time Money List. Scheffler’s potency on the greens can be gauged from this stat, compared to his breakthrough in 113 starts, Tiger Woods took 177 starts, Rory McIlroy 169 and Rahm 141 starts to breach the USD 50 million mark.

According to Spotrac, the leading online database for Sports teams and player contracts, Scheffler’s lifetime earnings are projected at approximately USD 78,471,396 million, as of March 2024. To put it precisely, he has made USD 53.5 million from official tournaments in the form of official payouts and bonuses and USD 1.7 million from unofficial payouts.

Additionally, Scheffler has received USD 5.5 million from the PGA Tour’s Player Impact Program. His earnings for the current year have officially exceeded USD 10 million, and he will have a lot more opportunities to add to the corpus.

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Scottie Scheffler’s endorsements and sponsors

Scheffler’s incredible victories have won him not just hearts and admiration, but also hefty sponsorships and endorsement deals. Some of his major endorsements and sponsors include:

TaylorMade Golf

Scheffler signed a multi-year deal with TaylorMade after the impact the 2022 Masters and Green Jacket had on his brand value. He first began using TaylorMade irons in 2020, but officially joined Team TaylorMade in early 2022, winning four times in less than three months with a TaylorMade driver, irons, and fairway wood in his bag. The payment terms have not been made public, but it is believed to have gone down as one of the most significant sports endorsements of 2022.

Nike

Scheffler has an apparel deal with Nike, and the multinational Sports equipment company showcases Scheffler’s tournament photographs donning Nike Golf shirts, shoes, and accessories, on its website to sell its product line. Although Nike sponsors him for sporting their merchandise, it is unclear how much the brand pays Scheffler.

Titleist

Scheffler’s partnership with TaylorMade Golf is not limited, considering that he also has a deal with Titleist, which provides him with Scotty Cameron putters, Vokey wedges, and balls. However, Titleist’s official website doesn’t have Scheffler’s name on the list of Titleist Tour players for March 2024. No information is available whether he is no longer under contract.

Veritex Community Bank

Headquartered in Dallas, Texas, Veritex Community Bank serves communities across Dallas, Houston, and Fort Worth, and supports small and mid-scale businesses apart from offering classic banking services. The Texas community bank is passionate about golf and sponsors several promising professional golfers across different tours, including Scheffler.

NetJets

Scheffler was named a brand ambassador for the US private jet corporation at the beginning of 2022. NetJets congratulated Scheffler on his accomplishment when he won The Masters in April 2022 and posted a message as he boarded one of their aircraft to return home.

Rolex

Scheffler wears a Rolex watch on the golf course, and is part of the extensive roster of athletes who represent Rolex.

GolfForever

Scheffler is an ambassador for GolfForever, a company that provides professional and amateur golfers with an at-home training programme using an app that is endorsed by medical professionals and fitness specialists.

According to Forbes, Scottie Scheffler’s endorsements, contracts, and sponsors bring in about USD 15 million annually. More success on the PGA Tour will further boost Scheffler’s earning potential.

Scottie Scheffler’s net worth in 2024

As reported by Celebrity Net Worth this year, Scottie Scheffler’s net worth is around USD 50 million. Scheffler, who shot into prominence for his long drives, flawless iron play, and cool-headed approach on the golf course, continues to amass a fortune.

Scottie Scheffler’s brand endorsements over the course of his career have also made a substantial contribution to his overall wealth. Scheffler was placed 45th on Forbes’ 2023 World’s Highest-Paid Athletes Earnings List, with an estimated USD 47.1 million in earnings.

When it comes to Scheffler’s estimated net worth, it’s crucial to take into account that he is among the select few PGA Tour players who allegedly declined a substantial cash offer to participate in the LIV Golf League. Scheffler reportedly turned down a massive USD 150 million offer to join the Saudi-funded rival league.

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The most expensive things Scheffler owns

While his many endorsements and sterling career could very well warrant a luxurious lifestyle, Scottie Scheffler is content with living modestly — something not many people can pull off, particularly when surrounded by wealth and fame.

Despite being a Masters champion, PGA Tour and Ryder Cup star, the world no. 1 remains an average Joe. The belief is that his modest upbringing helped shape him into the humble man he is. The mindset stems from the insight he shared after winning the Arnold Palmer Invitational, where he reflected on how golf wasn’t the defining factor of his life. Rather, it was what he cared for outside the sport — family, friends and their support.

“I try not to place too much of my identity in what I do out here on the golf course. There’s a whole other part of my life that is not in front of you guys that I think is what’s most important to me,” he said at the post-event press conference. “So, yeah, my life’s not a golf score — it’s not how many trophies I’m going to win, it’s not anything like that. I’m proud to have a great wife and a great family, and we have great friends at home and I’m very grateful for the other part of my life that’s away from the golf course.”

Dallas residence

Scheffler highlights his Dallas house, which he shares with wife Meredith, as his most expensive purchase at USD 2.9 million. Even though it was a big purchase, he wouldn’t exactly describe his house as extravagant.

Spanning 4,881 square feet and with five bedrooms and six baths, the house was originally built in 1985 and has undergone recent renovations. There is a covered patio and a swimming pool in the spacious backyard. The exterior is built of white brick, giving it a beautiful, modern, rustic vibe. Overall, it’s a fantastic blend of traditional and modern.

2012 GMC Yukon XL

#FedExCup No. 1 Scottie Scheffler is a simple man.

He still drives the same car he drove in college 😅 pic.twitter.com/HU4gd34GpR

— PGA TOUR (@PGATOUR) August 9, 2022

While he could be driving a Bugatti, Koenigsegg, Pagani, or any other luxury car, Scheffler prefers to drive a 10-year-old vehicle gifted to him by his father.

As of 2022, the University of Texas alumnus was still driving the same 2012 model GMC Yukon XL that his father purchased for him when he was in college, clocking in about 178,000 miles.

Rolex GMT-Master II

Scheffler won the Masters, his first Major championship, wearing a Rolex GMT-Master II worth roughly USD 16,500. His celebratory watch of choice was the steel and Everose gold GMT-Master II ref. 126711CHNR, dubbed the “Root Beer” GMT.
This specific Rolex, which was released in 2018, features a bi-colour black and brown bezel.

(Main image: Keyur Khamar/ PGA Tour via Getty Images; Featured image: PGA Tour/ Instagram)

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Frequently Asked Questions (FAQs)

What is Scottie Scheffler ranked?

Scottie Scheffler is currently ranked as the world no. 1 in golf.

Has Scottie Scheffler ever won a golf tournament?

Scheffler has eight PGA Tour victories under his belt, including the WM Phoenix Open (2022 and 2023), Arnold Palmer Invitational presented by Mastercard (2022 and 2024), 2023 Masters Tournament, and The Players Championship (2023 and 2024).

Is Scottie Scheffler the best golfer in the world?

Scottie Scheffler is certainly among the best players in the world of golf, if not the best — he currently ranks at no. 1.