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According to a recent survey by Forbes magazine, Tiger Woods is on its way to becoming the first athlete with more than one billion dollars, thanks to its significant amount of advertising contracts.
Woods, who won the U.S. Open last month playing on one leg, could exceed one billion dollars in profits for 2010 after raising 115 million during 2007.
Equalize the economic magazine editor said he will take much longer the golfer have all that money because taxes and other expenses consume a significant portion of their earnings in prizes and advertising.
The calculations are based on future earnings estimates for Woods since 1996, when he became professional, and also consider some 8% annual gains in their investments.
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