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Phil Mickelson Net Worth (Updated 2023)

phil mickelson holding trophy
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Phil Mickelson Net Worth: $300 million
Born:16th June 1970 (52 Years Old)
Profession: Golfer  
Children: 3
Nationality:American

The American professional golfer Phil Mickelson has a net worth of $300 million.   

Early life 

Philip Alfred Mickelson was born on 16th June 1970 to Mary Santos and Philip Mickelson, a former naval aviator turned airline pilot. He was born and raised in San Diego, California, and also spent time in Scottsdale, Arizona.

He is of Portuguese, Sicilian, and Swedish heritage.

Phil Mickelson’s interest in golf began at a young age. His maternal grandfather worked as a caddie and took young Phil to play golf as a child. 

young phil mickelson cutting a cake
A young Phil Mickelson. Credit: cronkitenews.

Mickelson was right-handed but learned to play by observation and so mirrored his father’s right swing by playing golf left-handed. This has gained him the nickname ‘lefty.’

Mickelson was playing golf with his father before starting school. Due to his father’s work schedule, they were able to play together many times a week.

According to his parents, Phil ran away from home aged three and told neighbors he would play golf.

Education  

Mickelson attended Cathedral Catholic High School in San Diego, California, and graduated in 1988. 

After graduating from high school, the golfing prodigy won a golf scholarship at Arizona State University, where he went to study psychology. It was here he became the United States’ face of amateur golf. 

Early Golfing Achievements 

While Mickelson was at Arizona State University, he won the Haskins Award three years running in 1990, 1991, and 1992). This award is given to the most outstanding collegiate golfer in the US.

He competed in three NCAA championships, sharing the record for the most with Ben Crenshaw. 

young phil mickelson golf swing
Mickelson was a famous amateur golfer. Credit: thefriedegg.com

While playing collegiate golf, Mickelson won 16 tournaments, and he was the second collegiate golfer to earn All-American honors for the first team for all four years. 

1990 saw Mickelson become the first left-handed player to win the U.S. Amateur title.

His most outstanding achievement, however, was in January 1991, when he won the Northern Telecom Opera, his first PGA Tour event. This is still the most recent amateur win at a PGA Tour event.

Mickelson’s Professional Career

In 1992, Phil Mickelson graduated from Arizona State University and turned to professional golf. Thanks to his win in 1991 at the Northern Telecom Open, he bypassed the qualifying process for the tour for two years.

Mickelson’s first professional caddy was Jim “Bones” Mackay, a role he held for 25 years. 

Mickelson won lots of PGA tournaments in the first decade of his professional career. These include the World Series of Golf and the Byron Nelson Golf Classic in 1996, and 1998’s AT&T Pebble Beach National Pro-Am. 

First major wins   

Mickelson didn’t get his first major wins until he’d been playing professionally for 13 years. In 2004, he won the Masters on the PGA Tour with a 5.5-meter birdie on the final hole. He became the third left-handed golfer ever to win a major. 

Just prior to 2004’s Ryder Cup, Mickelson was dropped from his Titleist/Acushnet Golf contract after leaving a voicemail to a rival company praising them. 

He was then taken on by the company Callaway Golf, but received scrutiny and ridicule for this sudden change just before the Ryder Cup.

Phil Mickelson with masters green jacket
Mickelson won his first major in 2004.

Mickelson performed poorly at said cup but refused to blame the last-minute equipment change.

After a year, Mickelson was back on form and won his second major at Baltusrol at the PGA Championship. He then went on to win his third major at the Masters in 2006.

2006 U.S. Open

After winning two majors, Mickelson tried his hand at joining Tiger Woods and Ben Hogan to win three majors consecutively. He was in joint lead at the final round but made huge mistakes at the final hole and tied for second place.

Mickelson’s Renowned Generosity and Losing Weight  

The American golfer is known for his generosity and his interaction with the crowds at golfing events.

After breaking a spectator’s watch in the 2006 Ford Championship, Mickelson gave the man $200. 

The following year, he volunteered to pay for Conrad Dobler’s daughter Hollli’s tuition fees for Miami University after hearing the retired NFL player’s struggles with medical bills on ESPN.

Mickelson appeared in Men’s Vogue recalling his efforts to lose 9 kg (20 lbs) with Sean Cochran, a trainer. When training, he ate five small meals a day, did flexibility and power exercises alongside aerobic training, and carried his golf bag himself.

phil mickelson weight loss
Mickelson lost weight in a bid to extend his career. Credit. golf.com

Breaking From Golf and Family Illnesses   

Mickelson continued playing golf and won his 36th victory and first World Golf Championship in 2009 by one stroke ahead of Nick Watney.

He briefly took time away from golf the same year due to his wife being diagnosed with breast cancer. However, he returned after hearing it had been caught early. 

Just a few months later, Mickelson’s mother was also diagnosed with the same disease, and so Mickelson took another break from the sport.

The 2010s Onwards

Mickelson was diagnosed with psoriatic arthritis in 2010. He switched to a vegetarian diet and began medical treatment with the hope of a successful recovery. His prognosis was good, and he continued to play golf.

His career certainly didn’t end as a result, and he even went on to win both the Scottish Open and The Open Championship in 2013, which was the first time any player had won both in the same year. 

In the following few years, Mickelson had a few issues with form and had some close calls and championships, but no wins. His winless streak finally ended in 2018 at the WGC-Mexico Championship. 

This win, at age 47, meant he was the oldest person to ever win this championship.

Mickelson ended his winless streak in Mexico in 2018. Credit. PGA tour

His winning streak continued as he defeated Paul Casey at the 2019 AT&T Pebble Beach Pro-Am, and this was his 44th title in his career. He was 48 at the time and the oldest-ever winner of this event.

In 2021 Mickelson won the PGA Championship for a second time after his first win 16 years earlier in 2005. At 50 years old, he became the oldest player to win the event.

Mickelson continued to be undeterred by his age and went on to win the Dominion Energy Charity Classic in Virginia in 2020 and continued playing well in the 2021 PGA Tour Championships.

Mickelson’s Career Achievements and Earnings

Phil Mickelson ranks 2nd on the all-time PGA Tour money list in terms of prize money he has won. However, he earns much more from his endorsements than he makes from prize money.

It was estimated in 2011 that he was the second-highest-paid US athlete with an income of more than $62 million. It is believed that $53 million was from endorsements. 

In 2022, Mickelson lost many of his endorsements after commenting about LIV Golf, a Saudi-backed golf league. 

He had described Saudis as “scary mother*****s to get involved with… We know they killed Khashoggi and have a horrible record on human rights. They execute people over there for being gay. Knowing all of this, why would I even consider it? Because this is a once-in-a-lifetime opportunity to reshape how the PGA Tour operates.”

Family life and Personal Life

Mickelson married Amy McBride in 1996. She was also an ASU alum as well as a cheerleader for the Phoenix Suns in the NBA. They have three daughters called, Amanda and Sophia, and a son called Evan. 

Mickelson is a Christian and supports the Children’s Miracle Network Hospitals. He has also been involved in several charitable causes.

phil mickelson with his wife and three daughters holding trophy

Mickelson is interested in real estate and also owns six Arizona golf courses.

He is open about how he had a gambling problem. He has admitted to having hundreds of hours’ worth of therapy. He once lost over $40 million over four years.

Phil Mickelson Quotes

“A great shot is when you pull it off. A smart shot is when you don’t have the guts to try it.” – Phil Mickelson

“The object of golf is not just to win. It is to play like a gentleman, and win.”

– Phil Mickelson

“I think it’s more than whether or not you win or lose. It’s having that opportunity on that final round, final nine, to come down the stretch with a chance to win.” – Phil Mickelson

“The winner of this tournament doesn’t just win a major. He becomes a part of the history of the game.” – Phil Mickelson

“Changing would not give me the best chance to win. I need to have fun. I need to attack.” – Phil Mickelson

“I try to respect everybody out here: players, caddies, fans, media.”

Phil Mickelson

“If you add up all the federal and you look at the disability and the unemployment and the Social Security and the state, my tax rate’s 62, 63 percent. So, I’ve got to make some decisions on what I’m going to do.” – Phil Mickelson

Summary: Phil Mickelson Net Worth

  • In 2023, Phil Mickelson’s Net Worth is $300 million. 
  • Nicknamed “Lefty” he is actually right-handed but learned to play by mirroring.
  • He has won 45 PGA Tour events, which include six major championships and two Masters titles.
  • In 2021, he became the oldest person to win a major championship at 51 years of age. 
  • He has spent over 25 years consecutively in the Official World Golf Ranking top 50 and was in the top 10 for 700 weeks in total.
  • In 2012, he was inducted into the World Golf Hall of Fame.
  • He has been married to Amy since 1996 and has three children. 

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