Michelle Wie Rakes in $20 Million for the Year
Saturday, October 21st, 2006
A lackluster year for Michelle Wie did not deter her from bringing home a whopping $20 million since she turned pro in October of 2005. Michelle’s appearance and endorsement fees topped the $20 million mark. An amazing feat for a 17 year old who hasn’t won a tournament, but small change compared to Tiger Wood’s $100 million for the year.
Michelle participated in 12 LPGA events, bringing in a paltry $3.5 million. But it’s the endorsements and appearance fees that made up the other $16.5 million. Oftentimes Michelle just has to “show up” to earn $1 million or more. She earned $1.5 million for appearing at the Casio World Open in Japan and another $700,000 to pop over to her home country of Korea for a short stint. While in Korea she signed a 2-year construction endorsement deal that earned her another $3 million.
Hard to imagine what she might earn if she could stack up first-place finishes like Tiger Woods does. But $20,000,00 in one year for a 17 year old is not too shabby. The best bet Michelle can make is to invest that $20 million so that if she fails to ever win a tournament, at least she will be set for life financially.