Net Worth Ranker
What Is Raymond Floyd Net Worth?
Raymond Floyd, a celebrated American professional golfer, has an estimated net worth of $20 million. His financial standing reflects a successful career marked by numerous victories and endorsements. Floyd’s journey in professional golf began after foregoing a potential baseball career, leading him to become a prominent figure in the sport.
Early Life and Career Beginnings
Raymond Loran Floyd was born on September 4, 1942, in Fort Bragg, North Carolina. He spent his formative years in Fayetteville, North Carolina, and graduated from Fayetteville High School in 1960. While skilled in both golf and baseball, Floyd received an offer from the Cleveland Indians organization. However, he chose to pursue higher education at the University of North Carolina in Chapel Hill, but he only stayed for one semester. In 1961, he transitioned into professional golf, quickly making his mark on the PGA Tour. By March 1963, at the age of 20, he secured his first victory at the St. Petersburg Open Invitational. This marked the beginning of his impressive tally of 22 PGA Tour wins, which included four major championships.
PGA Tour Success and Major Championships
Floyd’s career highlights include several major championship victories. In 1969, he won his first major title at the PGA Championship, earning $104,814 that year. His second major victory came in 1976 at The Masters, where he won by an impressive eight-stroke margin. Floyd went on to win his second PGA Championship in 1982. His fourth and final major title was at the U.S. Open in 1986, held at Shinnecock Hills. In 1994, Floyd had a particularly successful season, winning four times and earning over $1 million for the first time in a single year. Overall, Raymond Floyd’s PGA tour career earnings amounted to $18,948,018.
Senior PGA Tour and Later Career
Raymond Floyd continued his success on the Senior PGA Tour (now PGA Tour Champions). He achieved the distinction of winning PGA Tour events in four decades, joining Sam Snead as the second player to accomplish this feat. He also became the first player to win on both the regular PGA Tour and the Senior PGA Tour in the same year. Between 1992 and 2000, Floyd secured 14 wins on the Senior Tour, including four senior majors and two Senior Tour Championships. In 1992, he was ranked 14th on the Official World Golf Ranking at the age of 50, a high position for a player of that age. Floyd represented the U.S. on eight Ryder Cup teams and served as captain in 1989 and assistant captain in 2008.
Hall of Fame and Retirement
Raymond Floyd was inducted into the World Golf Hall of Fame in 1989, solidifying his legacy in golf. On April 6, 2010, on the eve of the 2010 Masters Tournament, Floyd officially announced his retirement from competitive golf.
Real Estate
In August 2017, Raymond Floyd listed his Southampton estate, known as “Mulligan,” for $25 million. This 3.25-acre property on Captains Neck Lane features a 10,000-square-foot main house with five bedrooms, staff quarters, a gym, a wine cellar, and a separate 6,000-square-foot guest cottage with 5 bedrooms. The estate also includes a pool, tennis court, and landscaped grounds. The home was eventually sold for $16 million.
Other Ventures and Recognition
Beyond his achievements as a player, Floyd has also contributed to golf course design through Raymond Floyd Design. The company aims to create golf courses that offer a unique and enjoyable experience for players of all skill levels. Floyd’s design philosophy emphasizes a blend of traditional and modern architectural elements, intending to provide both challenge and aesthetic appeal. During his career, Raymond Floyd secured endorsement deals with prestigious companies such as AT&T, Lexus, and Advil. In 1994, Golfweek named the Floyd family “Golf Family of the Year.” In 1992, he was selected as Golf World’s “Man of the Year.”
Personal Life
Raymond Floyd’s personal life has also contributed to his overall story. He was married to Maria Floyd for 38 years until her death from cancer in September 2012. Raymond and Maria have three children: Raymond Jr., who works in investment; Robert, who is involved in real estate and golf; and Christina, an art expert. In late December 2002, Floyd underwent successful prostate cancer surgery at Johns Hopkins Medical Center.
