Tiger Woods Remains Top Earner in Golf for 2010 Despite Lost Endorsements

Tiger Woods had quite a year of scandal in 2010. It could not have been easy to lose his wife and family in the aftermath of the magnitude of Woods' cheating after it was revealed. The stress of losing close contact with his children, estranging his beloved ex-wife, and seeing his public image dissolve into a portrait of a moral debacle predictably devastated Tiger's golf game. The result: Woods won zero golf tournaments last year, a sad punctuation point ending months of losses.

But despite this fact, and on top of losing prized million-dollar endorsements due to his media "shellacking," Tiger Woods remained the highest earning golf pro in the world in 2010. PGA.com has the story:

http://xml.channel.aol.com/xmlpublisher/fetch.v2.xml?option=expand_relative_urls&dataUrlNodes=uiConfig,feedConfig,entry&id=900266&pid=900265&uts=1294178980

http://cdn.channel.aol.com/cs_feed_v1_6/csfeedwrapper.swf

Top Ten Sexiest Black CEOs

10. Tiger Woods: CEO of Tiger Woods, Inc.
Woods might have gotten into trouble with his wife, but the dozen or so women who seemed to be madly in love with him can't be wrong. As CEO of Tiger Woods, Inc., the platinum golfer presides over a billion-dollar brand.

BlackVoices.com

Top Ten Sexiest Black CEOs

9. Rodney O'Neal: Chief Executive Officer and President, Delphi
At 56, Rodney O'Neal still has the charm and good looks of a man half his age, but the sexy power that only a seasoned captain of industry can flaunt.

Top Ten Sexiest Black CEOs

8. Kenneth I. Chenault: Chairman and Chief Executive Officer of the American Express Company
At 58 years young, Ken Chenault is one of the smoothest and well-regarded CEOs of any color in corporate America.

Top Ten Sexiest Black CEOs

7. Dr. Farrah Gray: Author and Co-CEO of Realty Pros Real Estate Asset Management
It's easy to be sexy at the age of 26, but what makes Farrah Gray extra attractive is the stack of accomplishments he has achieved at such a young age.

Top Ten Sexiest Black CEOs

6. Russell Simmons: CEO of Rush Entertainment and Phat Pharm
Russell keeps his sexy by staying connected to youth culture, veganism and yoga. You've gotta love him!

Top Ten Sexiest Black CEOs

5. Tina Wells: CEO of Buzz Marketing Group
Playboy.com was the first to recognize that this vibrant young woman is both intelligent and sexy. The site praises Ms. Wells for her combination of toughness and charm. Perfect combination!

Top Ten Sexiest Black CEOs

4. Sylvia Rhone: Former CEO of EastWest Records and Elektra Records
While technically no longer a CEO, Sylvia Rhone is so sexy and so accomplished, that we had to include her on the list. Her great accomplishments in the realm of the music business continue to this day.

Top Ten Sexiest Black CEOs

3. Clarence Otis, Jr.: CEO of Darden Restaurants
You might not know the appealing Clarence Otis, Jr., but we are sure you adore his food. As the CEO of Darden Restaurants Otis oversees eateries we love like Red Lobster and Olive Garden at the highest level.

Top Ten Sexiest Black CEOs

2. Sean "Diddy" Combs: CEO of Bad Boy Entertainment
We love Diddy for many reasons. The money, the power and the fame are part of it. But his lifestyle that is the perfect combination of street and high-end keeps us fascinated.

Top Ten Sexiest Black CEOs

1. Iman: CEO of Iman Cosmetics
At 54, Iman is as stunning as she was the day she started modeling in 1976. Beautiful inside and out, Iman proves that gorgeous goes well with executive power. We salute you!

Top Ten Sexiest Black CEOs

Despite a pay cut of $48 million and failing to win a single tournament, Tiger Woods again emerged as golf's top earner in 2010.

Woods' earnings took a dent after losing his swing and his marriage, but he still managed to make $74.2 million, according to Golf Digest magazine's annual list.

The No. 2-ranked player received just $2.29 million from tournament purses, with the bulk of his income coming through endorsements and appearance fees.

Woods, who celebrated his 35th birthday on Thursday, was down from a staggering $121.9 million in 2009 after he was engulfed by a scandal. The furor caused firms such as AT&T and Accenture to end sponsorship deals with the 14-time major champion, costing him up to $35 million in annual revenue.

He is however, still paid more than $60 million per year by Nike, Electronic Arts, Procter & Gamble's Gillette, Berkshire Hathaway's NetJets unit, LVMH Moet Hennessy Louis Vuitton's Tag Heuer, Upper Deck and TLC Laser Vision Centers.

Talk about multiple income streams. Despite Tiger's foolishness in romantic matters, his continuing domination of the golf world shows that Woods has remained remarkably smart in the world of business.

Here on BV on Money Dr. Boyce Watkins often discusses the importance of having multiple income streams so that if your primary employer or income source fails you, you will always have revenue to fall back on.

No, you might not ruin your life in an allegedly Ambien-fueled sex orgy with bottle service girls, porn stars and pancake waitresses as Woods did. In this economy, a simple matter such as an impersonal company-wide layoff could impact your personal finances at any time. So in 2011, you might want to follow Tiger's financial lead and create as many income streams as you can to support you in case your main hustle fails. Financial independence is more important than ever for everyone, whether you are a sports star or the star earner for your family. Take a tip from Tiger, and diversify your income streams to stay on top of your game.