Tiger Woods becomes the first billion-dollar sportsman

NEW YORK: Tiger Woods has become the first billion-dollar sportsman after 13 years as a professional golfer.

According to Forbes, the $10million [6.2m] bonus that Woods collected to for winning the FedEx Cup pushed him over the $1 billion [620m] mark in total career earnings.

The 34-year-old American, who has won 14 major championships, has been the world''s highest paid sportsman since 2002 when he overtook Formula One''s Michael Schumacher.

The bulk of Woods''s earnings come from his long-term partnership with Nike, which pays him upwards of 20m a year, around a third of his total earnings from sponsorship, advertising and endorsements. Woods also makes around 6.2m for each golf course he designs.

Up to the beginning of 2009, the world No 1 had earned $895m from prize money, appearance fees, sponsorship and golf course design.