Arnold Palmer, a legendary golfer, is not only known for his sporting achievements but also for the iconic Arnold Palmer drink, a blend of iced tea and lemonade.
His net worth, estimated around $700 million at his passing in 2016, reflects his success on the golf course as well as his business acumen.
Palmer’s wealth came from his golfing victories, strategic endorsements, and entrepreneurial ventures, including his beverage brand.
His legacy demonstrates how a sports figure can become a global icon and financial powerhouse. In addition to his on-course earnings and brand endorsements, Palmer also had lucrative licensing agreements and astute investments.