It isn’t just the golf course where Rory McIlroy‘s excellence has seen him rake in millions. The Northern Irishman is only hours removed from claiming a long-awaited Masters title while becoming only the sixth player ever – and first European – to clinch a career Grand Slam.
On top of earning the fifth major of his career, the 35-year-old captured £3.2million ($4.2m) in prize money for winning the tournament. It’s been a financially rewarding first quarter of the year for McIlroy who’s netted over £9m ($11.8m) from Augusta and his previous wins at the Players Championship and AT&T Pebble Beach Pro-Am.
The Holywood hero ranks only behind Tiger Woods in golf’s highest career earnings with £72m ($95m). While he’s secured the financial status of several generations of his family with his winning mentality on the green, McIlroy opted to build on his sporting legacy by entering the investment space.
In 2019, he formed Symphony Ventures, a venture capital firm based in Dublin intent on investing into growing companies. It’s certainly been an overwhelming success for McIlroy whose crown jewel among his investments is fitness tech company, Whoop.
It was in 2020 when he, alongside fellow golfer Justin Thomas, invested in the company who measure strain, recovery, and sleep through a fitness tracker.
Valued at £912m ($1.2bn) at the time, the company’s valuation skyrocketed to £2.7bn ($3.6bn) a year later. The fitness industry is one McIlroy is evidently keen on as he also invested in a one-on-one digital fitness platform called Future. Investing alongside Hollywood star Kate Hudson, the company pairs its clients with elite coaches.
Health is also another of McIlroy’s go-to industries as he put money into LetsGetCheked, a company that allows its customers to order medical test direct to their door.
Tests include those for a sexual transmitted disease, some cancers, fertility issues, and more. The company raised £53m ($71m) in a recent funding round and is said to be predicted for a steep rise in value.
Closing in on 20 years as a golf professional, McIlroy knows all too well about the injuries that plague athletes and his investment into Germany-based company Kaia Health could make a significant impact in sports. The company makes an application that helps in the treatment of muscular pain problems.
McIlroy turned founder in 2022 when he joined forces with Tiger Woods and sports executive Mike McCarley to create TMRW Sports, who are behind indoor golf league TGL.
Featuring players from the PGA Tour, the league’s inaugural season began this year in partnership with the PGA. It’s attracted numerous celebrity investors such as F1 icon Lewis Hamilton and NBA greats Shaquille O’Neal and Stephen Curry.
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