Once the highest earner on the PGA Tour, is still leading the list even after leaving the league before Scottie Scheffler recorded his $14 million earnings in the regular season. It was Jon Rahm who set the record with $77 million the year before. Even though the record has been changed, the list of toppers with the most earnings is still the same.
Surprisingly, the world no.1 is far behind Jon Rahm even after winning 7 titles in 2024. The LIV golfer has made 3X more than him as per the report of Forbes. Shocking, but that is true. Rahm has earned $218 million, including his on-course $198 million and off-course $20 million. But that is not all, as the golfer started his professional journey in 2016, there is a lot more to unveil.
Jon Rahm’s net worth in 2024
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The former no.1 has left fans curious about his net worth since his league switch, as his earnings have grown multifold. After signing the deal with LIV Golf which reportedly was between $550 and $600 million, his career earnings saw the maximum growth. His net worth as per Golf Monthly is estimated at $100 million as of June 2024.
The eight-year-long professional career of the Spanish player explains the growth. As in the initial years, he was only earning the official payout, which later added an unofficial payout, Tour championship bonus, Player Impact Program, and Tour Top 10 bonus. In the first year of his professional career, he made $983,000, which gradually grew. The earnings in 2017 were $7 million, in 2018 $10 million, and in 2019 $15 million.
via Reuters Golf – The 2023 Ryder Cup – Marco Simone Golf & Country Club, Rome, Italy – October 1, 2023, Team Europe’s Jon Rahm holds the trophy aloft as he celebrates with teammates during the presentation after winning the Ryder Cup REUTERS/Guglielmo Mangiapane
Following the gradual growth, the year 2019 was massive for the golfer as it changed the growth scale for him with $24 million in a single year, which in the later years was $40 million, $50 million, and $77 million till he was associated with the PGA Tour. In the year 2023, Rahm won 4 titles, including two signature events and two major events. Along with that, he secured multiple top-10 finishes, out of which three came in the first 6 months of the season. After the 2023 season, the top earner of the PGA Tour switched to LIV Golf, which helped him earn $37 million, including $3.5 million in team payouts and $18 million from the Individual Champion bonus.
Similar was the scenario with his major earnings. In 2016, he earned only $21,035, which later, by the end of 2024, was close to $10 million. A great example of consistent performance. However, the earnings for the professional do not end here. He has been associated with many global brands for which he earns off-course.
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What are the other sources of earning for the LIV Golfer?
The exemplary performance of the 30-year-old has invited many brands to collaborate and partner with him. His huge fan base and consistent performance were a win-win for the brands to partner. Following this, Rahm has been associated with the global superpowers in golf including TaylorMade and Adidas. However, according to Forbes, he has an endorsement deal that helps him with $20 million of annual earnings. The list of brands for endorsement includes Callaway Golf, Mercedes-Benz, Santander Group and Rolex.
Callaway owns TopGolf, which in the deal reflects Rahm’s equity stake in the driving range/entertainment company. While there are a few other brands as well which the Spaniard has worked with including, Travis Matthew, VistaJet, and Blue Yonder.
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Along with the earnings, the Spanish golfer spends on luxuries as well. The golfer resides in Scottsdale, Arizona, which has a home that he bought in 2020 for $10.5 million. The Silverleaf neighborhood is famous for its residences with breathtaking views. The house has several garages that he utilizes for his car collection of Mercedes Benz AMG GT 63, S450, and GLE53 AMG.
Besides, this is just the beginning for the Spaniard as there are many more years to come, where he might be the highest earner, similar to 2024. What are your thoughts on Jon Rahm’s net worth? Share with us in the comments section below.