Arnold Palmer Net Worth

Arnold Palmer Net Worth

Arnold Palmer net worth: $700 million

What is Arnold Palmer net worth?

Arnold Palmer is an American professional golfer who is considered the second richest golfer globally.

He was born in 1929 and passed on in 2016 at 87 years. Arnold Palmer was born and raised at Latrobe in the Pennsylvania State in the US.

Throughout his life, Palmer was married twice and bore two children.

He is remembered and considered as one of the greatest golfers in history. His career as a golfer began in the 1950s and won several awards, PGA tours, and master tournaments.

Apart from playing golf, Palmer also wrote several books in his career.


  • Arnold Palmer Net worth: $700 million
  • Full Name: Arnold Daniel Palmer
  • Date of birth: 10 September 1929 -25 September 2016, 87 years
  • Gender: Male
  • Birth Place: Latrobe, Pennsylvania, United States
  • Height: 178 cm
  • Profession: Golfer
  • Nationality: American


Palmer has earned over $1.3 billion from his entrepreneurial ventures and endorsements during his career. He is among the widely credited golfers for popularizing and commercializing the sport.

He owned many businesses mainly related to the golf game through the Palmer design company.

Palmer also ventured into the car business after purchasing the Cardillac dealership in Charlotte.

He also has drinks, with his most well-known drink being Arnold Palmer, a combination of lemonade and iced tea.

Arnold Palmer proposed to his wife after knowing her for only three days.


Arnold was born in Latrobe, Pennsylvania, in 1929. His mother and father brought him up. His father worked at the Latrobe country club and taught him to play golf from a very tender age.

He later received a golf scholarship and attended Wake Forest College but left eventually.

Arnold later enlisted for the US coast guard until his enlisted term ended, then went back to college and competitive golfing.


Arnold Palmer worked as a coast guard before going back to college and joining competitive golfing.

He decided to go pro in the golfing career after winning Amateur in Detroit in 1954. After this first win, he never turned back but pushed further in his golfing career.

He won many championships throughout his career and significantly won seven major championships.

His success in his career earned him a large fan base and significantly contributed to the growth of golf across the world.


Palmer was married to Winnie Walzer, to whom he proposed three days after meeting.

They had two daughters, Amy and Peggy, and later lost his wife in 1999 due to ovarian cancer complications.

He later got remarried to Kathleen Gawthrop in 2005.

Arnold palmer founded the Arnie’s Army Charitable Foundation, which helps children and the youth.

His foundation oversaw products that involved building children and women hospitals and the creation of a nature reserve.


Arnold Palmer has earned $1.3 billion from entrepreneurial ventures and endorsements.


Arnold owns a home in La Quinta, known as Arnie’s home. It is a part of a Traditional golf club and properties. The home is very beautiful and buying it is like buying into a private golf club. Palmer has another home on his golf course in Orlando and another in Latrobe.


Palmer’s net worth is estimated at $700 million, resulting from his golf career and the many businesses and properties he accumulated over time.


  1. Is Arnold palmer still alive?

No. Arnold died in 2016 while awaiting to receive heart surgery.

  1. Does Arnold palmer have caffeine?

Yes, it contains caffeine naturally derived from the tea ingredients but no added caffeine.

  1. Why is it called an Arnold Palmer?

The drink is named after Arnold Palmer as it is considered more like his invention because he always kept requesting a drink in this particular combination of iced tea and lemonade.

  1. How many majors did Arnold Palmer win?

He won seven major championships; four master tournaments, one US Open, and two open championships.

  1. How much caffeine is in Arnold Palmer?

It contains 1.87mg of caffeine per fluid ounce.

  1. Does Arnold Palmer have alcohol?

No, the drink does not contain any alcohol and is just caffeinated.

  1. When was Arnold Palmer’s drink invented?

It was invented in 1960. He used to ask his wife to prepare him iced tea with lemonade.

  1. How much caffeine is in Arnold Palmer lite?

The drink contains 0.8mg caffeine per fluid ounce.

  1. Is Arnold Palmer gluten-free?

Golf is gluten-free, while the palmer spiked and Arnie spiked contain gluten.

  1. Where is Arnold Palmer’s golf course?

It is located at Darlow’s Green, Southend-on-Sea SS1 2ES.

  1. What was Arnold Palmer’s nickname?

The King.

If you are looking for other sports personalities’ net worths, you can find them here: Logan Paul Net Worth, Sean Gilmartin Net Worth, Terry Bradshaw Net worth, Erika Nardini Net Worth, Wladimir Klitschko Net Worth, Johnny Weir Net Worth

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