Phil Mickelson's net worth and how gambling losses impacted the golf star's fortune

Phil Mickelson's net worth and how gambling losses impacted the golf star's fortune

Phil Mickelson's net worth is alleged to be between $300 million and $400 million, making him one of the world's wealthiest athletes. Most of his income comes from his lengthy and successful golf career, which has been built on on-course victories, lucrative sponsorship deals, and, most recently, a large signing bonus from the LIV Golf League.

Phil Mickelson at The Hong Kong Golf Club. Mickelson at Rich Harvest Farms
Phil Mickelson at The Hong Kong Golf Club in Hong Kong, China (L). Mickelson at Rich Harvest Farms in Sugar Grove, Illinois (R). Photo: Yu Chun Christopher Wong, Quinn Harris (modified by author)
Source: Getty Images

TABLE OF CONTENTS

Key takeaways

  • Phil Mickelson earned $96.7 million in PGA Tour career winnings before moving to LIV Golf.
  • He co-owns multiple Five Guys franchises in Orange County, California, diversifying his income streams.
  • Endorsements with brands like Callaway, Rolex, and KPMG have brought him over $800 million.
  • He once wagered more than $143,000 in a single day on 43 baseball games.

Phil Mickelson's profile summary

Full name

Philip Alfred Mickelson

Gender

Male

Date of birth

16 June 1970

Age

55 years old (as of 2025)

Zodiac sign

Gemini

Place of birth

San Diego, California, United States

Current residence

Rancho Santa Fe, California, United States

Nationality

American

Ethnicity

White

Religion

Christianity

Sexuality

Straight

Height in feet

6′3″

Height in centimetres

191

Weight in pounds

201

Weight in kilograms

91

Hair colour

Brown

Eye colour

Brown

Marital status

Married

Wife

Amy Mickelson

Children

Evan Samuel, Amanda Brynn, Sophia Isabel Mickelson

Father

Phil Mickelson Sr.

Mother

Mary Santos Mickelson

Siblings

Tim Mickelson, Tina Mickelson

Education

Arizona State University, University of San Diego High School, Cathedral Catholic High School

Profession

Professional golfer

Years active

1992–present

Net worth

$300 million–$400 million

Instagram

@philmickelson

X (Twitter)

@PhilMickelson

Facebook

@PhilMickelson

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What is Phil Mickelson's net worth in 2025?

According to Celebrity Net Worth and TheRichest, the American golfer has an alleged net worth of between $300 million and $400 million.

Phil Mickelson's salary, according to Forbes, is $40 million as of June 2025. Here is a breakdown of his income sources:

PGA Tour career: The story of Phil Mickelson's success

Phil Mickelson's PGA Tour career has been long and successful, establishing him as one of the most accomplished players of his era. Since turning professional in 1992, he has won 45 PGA Tour wins, ranking 8th all-time.

Facts about Phil Mickelson
Top-5 facts about Phil Mickelson. Photo: Lauren Sopourn/Getty Images (modified by author)
Source: UGC

His six major victories include two PGA Championships (2005, 2021), three Masters Tournaments (2004, 2006, and 2010), and one Open Championship (2013).

Before leaving the PGA Tour to join LIV Golf, Mickelson was one of the highest-paid players in tour history. According to the PGA Tour, Phil Mickelson's PGA Tour career earnings are $96.7 million.

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Phil Mickelson's LIV contract

Mickelson's LIV Golf tenure commenced in 2022, following a highly contentious and lucrative transition to the upstart league. According to FOX Sports, he received a signing bonus of over $200 million, ranking him second among the five most significant LIV Golf contracts.

In addition to this hefty price, his LIV career has earned him millions more in tournament prize earnings and team bonuses.

Phil Mickelson's endorsements and sponsorships

Philip has long been a highly marketable athlete, signing multiple endorsement deals with major businesses. According to Front Office Sports, these deals have garnered him more than $800 million throughout his career.

Phil Mickelson of HyFlyers GC reacts after a putt on the 5th green on day one of LIV Golf Korea
Phil Mickelson of HyFlyers GC reacts after a putt on the 5th green on day one of LIV Golf Korea at Jack Nicklaus GC Korea on 2 May 2025 in Incheon, South Korea. Photo: Chung Sung-Jun
Source: Getty Images

Some of his notable sponsors include: KPMG, Workday, Amstel Light, Callaway Golf, Rolex, Mizzen+Main, Intrepid Financial Partners, Melin, VistaJet, and Primo Golf Apparel.

Phil Mickelson's franchises

The American golfer's business ventures go beyond his golf career and endorsements. He has made a significant investment in the franchising industry. Phil is well-known for being a member of a group that owns the franchise rights to several Five Guys burger establishments in Orange County, California.

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Spokesman for Mickelson's management company revealed Mickelson's involvement in the fast-food restaurant after Mickelson publicly lauded Five Guys, claiming he preferred their burgers to the famed Southern California-based chain In-N-Out Burger. According to the 1851 Franchise, Mickelson stated:

I grew up on In-N-Out. I thought that was the best burger until I had Five Guys. That is hands down the best burger I’ve ever had.

Phil Mickelson's authoring career: From golf hero to published author

Philip has a single writing credit: he and Donald T. Phillips co-authored the book One Magical Sunday: (But Winning Isn't Everything), which was published in 2005. The book is a memoir of his personal and professional life.

Phil Mickelson's book
Phil Mickelson's book, "One Magical Sunday: (But Winning Isn't Everything)". Photo: @philmickelson
Source: Instagram

Inside Phil Mickelson's real estate portfolio

According to the Mirror, Phil purchased his first property in 2001 in Rancho Santa Fe, about 100 miles south of Los Angeles and 25 miles north of San Diego. He allegedly paid $6 million for the mansion before selling it at a loss of $5.75 million in 2015.

In August 2005, Phil reportedly purchased his next two homes for a total of $14.1 million, one of which was a five-bedroom, six-bathroom home on six acres. Four months afterwards, in December 2005, he purchased a four-acre plot of land for $3.4 million.

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Mickelson reportedly offered $25 million in 2020 for a four-bedroom, four-bathroom estate on 4.3 acres of property. Another $25 million transaction was reportedly completed for a portion of the land adjacent to the prior acquisition, adding 6.79 acres.

Phil Mickelson's gambling losses

The American golfer has openly revealed his difficulties with gambling addiction, declaring that he is currently in recovery and has not gambled in a while. According to CBC, professional sports gambler Billy Walters' book Gambler: Secrets from a Life at Risk recounts Philip's gambling losses of about $100 million over the last three decades.

Phil Mickelson of the United States reacts during day one of the LIV Golf Invitational - Hong Kong
Phil Mickelson of the United States reacts during day one of the LIV Golf Invitational - Hong Kong at The Hong Kong Golf Club on 8 March 2024 in Hong Kong, China. Photo: Yu Chun Christopher Wong
Source: Getty Images

Walters stated that Mickelson wagered more than $1 billion throughout that period. Walters reportedly claimed that Mickelson lost more than $143,000 on a single day in 2011, when he wagered on 43 baseball games.

According to Business Insider, an earlier biography by Alan Shipnuck detailed that Philip lost $40 million gambling between 2010 and 2014.

FAQs

  1. Is Phil Mickelson a billionaire? Phil Mickelson is not a billionaire. His net worth is alleged to be between $300 million and $400 million as of 2025.
  2. Who is the richest man in golf? Tiger Woods is widely considered the wealthiest man in golf. According to Forbes, his estimated net worth is $1.3 billion.
  3. How much did Liv pay Phil Mickelson to join? LIV Golf paid Phil Mickelson a signing bonus of $200 million to join the league.
  4. Does Phil Mickelson own a private jet? Phil does not currently own a private aircraft. He revealed that he sold his private jet, a Gulfstream V, after owning it for around 20 years.
  5. How old is Phil Mickelson? Phil Mickelson is 55 years old as of 2025. He was born on 16 June 1970.
  6. Are Phil and Amy still together? Phil and Amy Mickelson are still together. They got married in 1996 and have three children.
  7. How much money has Phil Mickelson lost through gambling? According to Billy Walters, the American golfer's total gambling losses are nearly $100 million.

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Phil Mickelson's net worth reflects his long career and achievements in the golf industry. His wealth has been accumulated through various sources, including a sizeable portfolio of endorsements worth hundreds of millions of dollars. Mickelson's alleged history of irresponsible gambling has resulted in considerable losses.

Yen.com.gh published an article featuring Paige DeSorbo's boyfriend. Paige DeSorbo is in a romantic relationship with Joe D'Amelio, a senior vice president of Klutch Sports Group, representing elite NFL players.

While neither Paige nor Joe has publicly announced their relationship, they have been sighted together multiple times, appearing close. In January 2025, the two were first seen together at a Philadelphia Eagles game. Read the article to learn about Paige's dating history.

Proofreading by Samuel Gitonga, copy editor at YEN.com.gh.

Source: YEN.com.gh

Authors:
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Racheal Murimi (Lifestyle writer) Racheal Murimi is a content creator who joined Yen in 2022. She has over three years of experience in creating content. Racheal graduated from Dedan Kimathi University of Technology with a bachelor's degree in BCom, Finance. She has amassed sufficient knowledge on various topics, including biographies, fashion, lifestyle, and beauty. In 2023, Racheal finished the AFP course on Digital Investigation Techniques and the Google News Initiative course. You can reach her at wambuimurimi254@gmail.com