Net Worth Ranker
What Is Morgan Pressel’s Net Worth?
As of 2023, Morgan Pressel’s net worth is estimated to be around $10 million. This valuation takes into account her earnings from professional golf, endorsements, and her expanding role as a golf analyst. The majority of her wealth has been accumulated through a successful career on the LPGA Tour.
Sources of Morgan Pressel’s $10 Million Net Worth
LPGA Career Earnings: A significant portion of Pressel’s net worth comes directly from her performance on the LPGA Tour. As of March 2021, her career earnings on the LPGA Tour are over $8 million. More specifically, official career earnings are reported at $8.1 million. She consistently ranked high, securing 66 career Top 10s and 142 Career Top 25 Finishes.
In 2011, she had seven top-10 finishes, including a runner-up finish at the Wegmans LPGA Championship. Her success on the course has not only contributed to her earnings but also increased her marketability and attractiveness to sponsors.
Endorsements: Pressel has secured endorsement deals with several well-known brands, further boosting her income. These deals include partnerships with:
- Callaway Golf: As a prominent golfer, Pressel uses Callaway equipment and represents the brand.
- Polo Ralph Lauren: This endorsement aligns her with a major fashion and lifestyle brand.
- Royal Bank of Canada (RBC): This partnership connects her with a leading financial institution.
- Audemars Piguet: Representing this luxury watch brand reflects her high profile and success.
- Stanford Group: In 2008, Pressel was backed by Swiss wealth management firm Stanford Group.
Specific financial details of these endorsement deals are not publicly available. These endorsements contribute a substantial amount to her annual income.
Broadcasting Career: In early March 2021, Pressel joined Golf Channel and NBC Sports as an analyst and on-course reporter. While the exact details of her contract with NBC Sports and Golf Channel are not public, this role represents a steady income stream. This transition allows her to leverage her extensive golf knowledge and experience, enhancing her financial portfolio.
Early Career and Key Milestones
Amateur Success: Before turning professional, Pressel had an outstanding amateur career, winning the North and South Women’s Amateur at Pinehurst and the U.S. Women’s Amateur. In 2001, at 12 years old, she became the youngest player to qualify for the U.S. Women’s Open. She was the 2005 American Junior Golf Association (AJGA) Player of the Year and won the 2006 AJGA Nancy Lopez Award.
Professional Debut: Pressel turned professional in 2005 at the age of 17. In 2007, at 18, she became the youngest-ever winner of a modern LPGA major championship by winning the Kraft Nabisco Championship. This victory propelled her to a career-high fourth in the world rankings.
Professional Wins: Morgan Pressel has a total of four professional wins, including:
- Kraft Nabisco Championship in 2007
- Kapalua LPGA Classic in 2008
Personal Life and Residence
Family and Background: Born on May 23, 1988, in Tampa, Florida, Morgan Pressel is the daughter of Mike Pressel and Kathy Krickstein Pressel. She has a younger sister, Madison Pressel, who also played collegiate golf. Following her mother’s passing from breast cancer in 2003, Morgan moved in with her maternal grandparents, Evelyn and Herb Krickstein, in Boca Raton, Florida. Herb Krickstein, a retired physician, became her coach and mentor.
Residence: Pressel resides in Boca Raton, Florida, specifically within the St. Andrews Country Club. Her grandparents purchased a 5,179 sq/ft home there in March 1992 for $875,000. St. Andrews Country Club offers 36 holes of championship golf and is also the home course for Morgan Pressel.
Philanthropy: Morgan Pressel hosts the annual “Morgan & Friends Fight Cancer” charity golf tournament and has raised more than $8.5 million since 2008 to benefit the Morgan Pressel Foundation’s initiatives to support patient care and research in the fight against cancer.
