Tiger Woods' Wife Earned $411,000 Per Day During Marriage


As a finance professor, I thought I'd do some quick analytics on the serious earning power of Elin Nordegren, the wife of Tiger Woods, if the reports are true that she might walk away with a $750 million dollar settlement. Initially, I thought that such an amount would be impossible for Elin to obtain. But after talking to a major film producer who works with "Hollywood types" on a regular basis, I walked away with a different conclusion. According to the opinion of my friend, who shall remain anonymous, it turns out that Elin's lawyers likely have a tremendous amount of leverage over Tiger Woods. Should the divorce go to trial, they would "ask him about every girl he ever kissed, every woman he ever slept with, every time anyone put whipped cream on his butt and spanked him, and every sexually-perverted thing he's ever done. By the time that trial is over, Tiger's image would be ruined forever."

Well, alrighty then.


With that said, let's start breaking down Elin Nordegren's riches. I would say that it's like she won the lottery, but lotto winners don't have it this good. Let's start from the beginning, shall we? If Elin Nordegren gets a $750 million settlement out of this divorce, she will have earned:

- Roughly $411,000 per day for the five years of her marriage. That's more than the average annual salary of an Invasive Cardiologist, who goes to college for four years, medical school for another four years, and then another six years of residency training. Perhaps they should become nannies instead.
- Nearly $2.9 million per week, meaning she could buy 20 new houses every week at the average price of a home in the Midwest.
- Almost $11.6 million per month, which is 15 times the average annual salary of players in the NFL.
- About $139 million per year, more than Tiger has ever earned in any year, including endorsements. It's also more than the 2009 payroll for the entire Los Angeles Lakers.

If she invests her money and earns an average annual return of 10 percent (not unreasonable for the wealthy of America), she will earn more than $1.4 million per week in interest alone, or almost $6 million per month. So, the $75 million she would earn in annual interest would be nearly triple the annual salary of the highest paid player in the NBA.

Remember when 50 Cent said, "Have a baby by me, baby, be a millionaire"? Reminds you of that song, doesn't it?

Dr. Boyce Watkins is the founder of the Your Black World Coalition and a Scholarship in Action Resident of the Institute for Black Public Policy. To have Dr. Boyce commentary delivered to your email, please click here.

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