When The Wealthiest Person On The Golf Course Is Actually… A Caddie

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splits: 9

Being a caddie for an expert golfer may be fairly profitable. In line with former PGA Tour caddie Michael Collins, although caddies and gamers all negotiate their very own offers, there are some basic tips to observe. Typically, a caddie will receive a weekly salary within the $1,500 to $3,000 vary, and sometimes a bonus if their participant makes the reduce. Caddies typically obtain 10% of the participant’s earnings for a victory, 7% for a prime 10 end, and 5% for every little thing else.

With most tournaments having multi-million greenback purses, meaning the caddies for gamers that win a match (and even end within the prime ten) can take house a six-figure pay-day for per week’s value of labor. Not a foul haul!

Generally, although, the caddie would not want the cash in any respect. That is what occurred in the course of the Hero World Problem, when a billionaire stepped in for a number of rounds.

Ryan Smith (L) and Tony Finau (Mark Runnacles/Getty Pictures)

PGA golfer Tony Finau’s common caddie, Mark Urbanek, needed to miss the occasion to remain house together with his anticipating spouse. Needing a caddy, Finau known as on his buddy Ryan Smith, 43, who simply so occurs to be value about $2 billion. Smith co-founded the analytics firm Qualtrics—which SAP purchased for $8 billion—and is almost all proprietor of the Utah Jazz.

Smith isn’t any stranger to {the golfing} world. He owns a home on the 18th gap at Pebble Seaside Golf Hyperlinks and has been taking part in golf since he was a child in Utah. He even labored at a course when he was solely 14 years outdated.

This is not the primary time a caddie has been the wealthiest individual on the golf course, both. Again in 2014, Scott McNealy served as a caddie for his son, then-18-year-old Maverick McNealy. The elder McNealy is the co-founder of Solar Microsystems and is value over a billion {dollars}, as properly.

Finau ended up completed tied for seventh, which gave him $114,000 in prize cash. He had been requested in the course of the match whether or not he’d give his substitute caddie a reduce if he ended up profitable.

“Oh yeah, no query about it,” Finau replied.

It is unclear if the golfer ended up sparing $7,980 for Smith after his seventh-place end. Even when he did not, we do not suppose Smith might be too upset. In any case, he is received loads of cash to spare.


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