What Is Steve Williams’ Net Worth?
Steve Williams, the New Zealand-born professional golf caddy, has an estimated net worth of $20 million as of late 2024. He accumulated this wealth through his successful career caddying for several professional golfers, most notably Tiger Woods.
Earnings and Career Highlights
Williams’ career took off when he began caddying for Australian golfer Peter Thomson on the European Tour in the 1970s. His big break came in 1982 when he started working with Greg Norman, which helped establish him as a top caddie in professional golf.
The most significant period of his career began in 1999 when he teamed up with Tiger Woods. During their 13-year partnership, Williams was Woods’ caddie for 13 of his 15 major championship victories. Woods secured 64 Tour victories, nine Tour Player of the Year awards and held the World No. 1 spot for 281 weeks between June 2005 and October 2010 with Williams by his side. It’s estimated that Williams earned at least $12 million in bonuses and salary alone during his time with Woods. In 2007, his commissions totaled $1.4 million, which would have placed him among the top 75 PGA earners for that year.
Typically, caddies earn 5% of whatever the professional makes in tournament play, in addition to a weekly salary. During his time with Tiger Woods, Steve Williams earned 15% of Tiger’s tournament prizes.
After his partnership with Woods ended in 2011, Williams caddied for Adam Scott, helping him win the 2013 Masters Tournament. He also worked with Jason Day in 2019.
Wealth Accumulation and Recognition
Williams’ success made him one of the highest-paid caddies in golf history. His earnings were so substantial that he was reportedly the highest-paid New Zealand sportsperson for several years while working with Woods.
Williams has also been recognized for his impact on the profession of caddying. He emphasized the importance of detailed course knowledge, precise yardages, and strategic advice, elevating the caddie’s role from a bag carrier to a strategic advisor.
He also penned his autobiography, “Out of the Rough,” which was published in 2015 and provided insights into his career and relationship with Tiger Woods.