Annika Sorenstam’s Net Worth: Earnings & Endorsements

LPGA legend Annika Sörenstam’s career is rich with awe-inspiring facts that get the admiration of male and female golfers. For example, did you know the pro golfer was inducted into the World Golf Hall of Fame when she was only 33?

Her success will have you asking, what is Annika Sörenstam’s net worth in 2023? Annika Sörenstam’s net worth is estimated at $40 million. She’s estimated to have earned $22 million throughout her 15-year LPGA career, while the rest of her earnings come from endorsement deals and investments.

Even after her retirement, Sörenstam still inspires female golfers. She left a lasting impact on the golf world, enabling women to prove themselves in what was once a male-dominated sport, especially after her 2003 Colonial appearance.

Now, if you’re wondering, “How much is Annika Sörenstam worth?” I’m here to walk you through her golf career, earnings by year, brand endorsement deals, and more!

Annika Sörenstam’s Net Worth 2023 and Bio

Before we dive into the nitty-gritty of Sörenstam’s earnings, let me give you a quick overview of her personal details and significant financials.

Full Name Annika Charlotta Sörenstam
Born October 9, 1970
Birthplace Bro, Stockholm County, Sweden
Height 5 feet 6 inches (1.68 meters)
Weight 138 lbs (63 kg)
Nationality American, Swedish
College University of Arizona
Turned Professional 1992
Professional Wins 97
LPGA Tour Wins 72
Major Championship Wins 10:

  • 1995 U.S. Women’s Open
  • 1996 U.S. Women’s Open
  • 2001 Nabisco Championship
  • 2002 Kraft Nabisco Championship
  • 2003 McDonald’s LPGA Championship
  • 2003 Weetabix Women’s British Open
  • 2004 McDonald’s LPGA Championship
  • 2005 Kraft Nabisco Championship
  • 2005 McDonald’s LPGA Championship
  • 2006 U.S. Women’s Open
Current World Ranking
  • 3 (LPGA Tour’s All-Time Official Wins List as of June 18th, 2023)
  • 1 (Career Money List as of June 18th, 2023)
Career Earnings $22,583,693 as of June 18th, 2023
Net Worth $40 million

Annika Sörenstam’s Career Earnings — Year-by-Year Distribution

According to the LPGA website, the pro golfer has amassed approximately $22,583,693 throughout her LPGA tours from 1994 to 2008. Here’s a breakdown of her year-by-year earnings.

Year Tournaments Played Wins Earnings
2022 2 0 $6,668
2021 1 0 $3,833
2008 22 3 $1,735,912
2007 13 0 $532,718
2006 20 3 $1,971,741
2005 20 10 $2,588,240
2004 18 8 $2,544,707
2003 17 6 $2,029,506
2002 23 11 $2,863,904
2001 26 8 $2,105,868
2000 22 5 $1,404,948
1999 22 2 $863,816
1998 21 4 $1,092,748
1997 22 6 $1,236,789
1996 20 3 $808,311
1995 19 3 $666,533
1994 18 0 $127,451
1993 3 0 N/A
1992 1 0 N/A
Totals 310 72 $22,583,693

Note: Since financial records are not public information, these numbers are availed from detailed research. But to keep things fair, these numbers are a thoroughly researched estimate.

Annika Sörenstam’s Endorsements

 

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Little is known about the exact amount of money that Sörenstam makes out of her sponsorships and deals. However, there are rumors that the retired golfer has collected $18 million from endorsements alone.

After all, that’s how golfers get paid besides the money they make off their wins and on-field victories.

Rolex

One of Annika’s most significant deals is with Rolex, which started in 2004 and continues today. While there are no details about the monetary value of that deal, you can assume that it’s earned the golf player millions since then!

It’s also worth noting that Sörenstam won the Rolex Rookie of the Year in 1994 on the LPGA.

More interestingly, she has an award solely under her name, the Rolex Annika Major Award. This award was established in 2014.

Cutter & Buck

Annika also partnered with Cutter & Buck in 2004 to create her golf apparel line for women, entitled ANNIKA. There aren’t many details on her earnings from this endorsement deal.

Yet, according to Forbes, the total brand sales of this clothing line were estimated to add up to $50 million in 2019, 15 years after it was created.

Callaway Golf

Another remarkable endorsement deal is with Callaway Golf, which started in 1993 after Annika turned professional. A few years later, the female pro golfer signed a long-term extension contract with the brand in 2005.

Unfortunately, the financial details of this endorsement deal were undisclosed.

Other Endorsements

Besides the companies above, the professional female golfer has also signed endorsement contracts with:

  • Oakley
  • Kraft
  • Mercedes
  • ADT
  • Pacific Links International
  • Lexus

Annika Sörenstam’s Investments

 

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With the huge amount of money she’s made throughout her professional career and partnerships, Annika was careful to invest a part of her fortune wisely. Her investments were especially important after her retirement.

One of her most significant investments is becoming a co-owner of Capillary Concrete, a 2012-established company specializing in lining bunkers. Later in 2016, Sörenstam increased her investment in the firm, buying a 50% stake.

In addition to that, Sörenstam has reinforced her entrepreneur status by starting her self-titled brand, ANNIKA. The ANNIKA foundation hosts many events and activities that revolve around golf, fitness, and charity work.

Annika Sörenstam’s Luxuries: From Homes to Cars

 

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It’s only fair for such a famous and wealthy golfer to have homes scattered here and there, right? As far as my research has taken me, Sörenstam currently has two homes.

The first one is near Orlando, Florida, where she primarily lives with her husband and two kids. The second house is for vacations, and that one is in Lake Tahoe.

Her Orlando home is worth $7 million, a 9,237-square-foot beauty in the Lake Nona community with a private golf club nearby. Unsurprisingly, the house features six bedrooms, seven full-fledged bathrooms, a gym, a swimming pool, and a luxurious kitchen. It even has a boat deck!

She and her husband, Mike McGee, enjoy tinkering with the house’s features and renovating it occasionally.

Annika Sörenstam also has an impressive collection of cars. Her passion for automobiles started with purchasing a manual 1986 Ford Festiva when she was still in college. Later, she used her first sponsor check to buy a 1993 Toyota Celica.

Since she has a deal with Lexus, it’s natural for her to own a 2007 Lexus GX 470 besides her 1999 Mercury Mountaineer and 2002 Mercedes-Benz CL55 AMG.

Total Earning Milestones for Annika Sörenstam

As a professional golfer, here are the total earning milestones if you’re interested in how far she’s come in her career since 1993.

  • $10,000: Sörenstam likely earned this amount in college before she started playing golf professionally.
  • $50,000: Sörenstam likely earned this amount in 1993 after competing in three LPGA events before entering the Tour (38th at the PING Welch’s Championship, fourth at the Standard Register PING, and ninth at the Las Vegas  LPGA).
  • $500,000: Sörenstam likely earned this in 1994 and 1995 after winning Rolex Rookie of the Year, Rolex First-Time Winner in the U.S. Women’s Open, and Samsung World Championship of Women’s Golf.
  • $1,000,000: Sörenstam likely earned this in 1996 after winning three tournaments (U.S. Women’s Open, Samsung World Championship of Women’s Golf, and the CoreStates Betsy King Classic).
  • $10,000,000: Sörenstam likely earned this in 2002, winning 11 LPGA tournaments.
  • $20,000,000: Sörenstam likely earned this in 2006 or 2007 after winning her third U.S. Women’s Open and recording her six top-10 finishes.

Annika Sörenstam’s Career Highlights

 

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Annika’s career is full of noteworthy moments and highlights, from her amateur days to her stardom in LPGA tours. Let’s take a closer look at the career achievements and see if she made our list of the LPGA’s most beautiful players!

Annika Sörenstam’s Amateur Career

Annika had been an all-around sportswoman since a very young age; playing soccer, tennis, and even skiing before taking an interest in golf. She bought her first golf club at the age of 12 and started her journey into the world of golf by volunteering as a caddie.

Her victories during her amateur years started with significant wins, such as the St. Rule Trophy played at St. Andrews. Then, she joined the Swedish National Team from 1987 to 1992, winning the 1992 Espirito Santo Trophy.

Sörenstam also played on the Swedish Golf Tour and managed to win three tournaments during the 1990-1991 season. Later, she took her golf career to the University of Arizona where she played college golf.

She made history by becoming the first freshman to win the individual NCAA Division I Championship in 1991. In addition, Sörenstam won seven collegiate titles.

Annika Sörenstam’s Ladies European Tour Career

Now, it’s time to dive deeper into Annika Sörenstam’s wins on the Ladies European Tour from 1995 to 2008.

Year Tournament Margin of Victory (strokes)
1995 OVB Damen Open Austria

Hennessy Cup

3

1

1996 Trygg Hansa Ladies’ Open 1
1997 Compaq Open 6
1998 Compaq Open 10
2000 Evian Masters Playoff
2002 ANZ Ladies Masters

Evian Masters

Compaq Open

Playoff

4

4

2003 Women’s British Open 1
2004 ANZ Ladies Masters

HP Open

4

2

2005 Scandinavian TPC hosted by Annika 1
2006 Scandinavian TPC hosted by Annika

Dubai Ladies Masters

1

5

2007 Dubai Ladies Masters 2
2008 Suzhou Taihu Ladies Open Playoff

Annika Sörenstam’s LPGA Tour Career

Sörenstam’s LPGA Tour wins are equally impressive; the following table includes all the details!

Year Tournament Margin of Victory (strokes)
1995 U.S. Women’s Open

GHP Heartland Classic

Samsung World Championship of Women’s Golf

1

10

Playoff

1996 U.S. Women’s Open

CoreStates Betsy King Classic

Samsung World Championship of Women’s Golf

6

8

1

1997 Chrysler-Plymouth Tournament of Champions

Cup Noodles Hawaiian Ladies Open

Longs Drugs Challenge

Michelob Light Classic

CoreStates Betsy King Classic

ITT LPGA Tour Championship

4

1

Playoff

3

2

Playoff

1998 Michelob Light Classic

ShopRite LPGA Classic

JAL Big Apple Classic

Safeco Classic

Playoff

4

8

5

2000 Welch’s/Circle K Championship

Firstar LPGA Classic

Evian Masters

Jamie Farr Kroger Classic

Japan Airlines Big Apple Classic

Playoff

1

Playoff

Playoff

1

2001 Welch’s/Circle K Championship

Standard Register PING

Nabisco Championship

The Office Depot

Chick-fil-A Charity Championship

Bank of Montreal Canadian Women’s Open

Cisco World Ladies Match Play Championship

Mizuno Classic

6

2

3

Playoff

Playoff

2

1 up

3

2002 LPGA Takefuji Classic

Kraft Nabisco Championship

Aerus Electrolux USA Championship

Kellogg-Keebler Classic

Evian Masters

ShopRite LPGA Classic

Williams Championship

Safeway Classic

Samsung World Championship

Mizuno Classic

ADT Championship

Playoff

1

1

11

4

3

4

1

6

2

3

2003 The Office Depot Championship

Kellogg-Keebler Classic

McDonald’s LPGA Championship

Weetabix Women’s British Open

Safeway Classic

Mizuno Classic

4

3

Playoff

1

1

9

2004 Safeway International

Office Depot Championship

LPGA Corning Classic

McDonald’s LPGA Championship

John Q. Hammons Hotel Classic

Samsung World Championship

Mizuno Classic

ADT Championship

4

3

2

3

4

3

9

Playoff

2005 MasterCard Classic

Safeway International

Kraft Nabisco Championship

Chick-fil-A Charity Championship

ShopRite LPGA Classic

McDonald’s LPGA Championship

John Q. Hammons Hotel Classic

Samsung World Championship

Mizuno Classic

ADT Championship

3

Playoff

8

10

4

3

1

8

3

2

2006 MasterCard Classic

U.S. Women’s Open

State Farm Classic

1

Playoff

2

2008 SBS Open at Turtle Bay

Stanford International Pro-Am

Michelob ULTRA Open at Kingsmill

2

Playoff

7

Annika’s recipe for success is a simple one, as one of her golf motivational quotes points out:

“I stay patient. I don’t go out there and try to set a course record. That’s probably one of my strengths and one reason I’ve been able to win major championships.”

Annika Sörenstam’s Personal Life

 

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Sörenstam had two significant relationships; the first was when she met David Esch in 1994 and married him later in 1997 in Lake Tahoe. However, their marriage didn’t last very long, as they got divorced in 2005.

A short while after that, Annika was introduced to Mike McGee, who is the son of the former golfer Jerry McGee. The pair first got to know each other when McGee became the Managing Director of the brand, ANNIKA, in late 2006.

Sörenstam and McGee tied the knot in 2009 at Orlando’s Lake Nona Golf & Country Club. They currently live in their Lake Nona community house, which they bought in 2009, with their son and daughter: Ava and William.

Annika’s lifestyle is also worth looking into; she leads an active and healthy day-to-day routine that only fits her status as one of the best female golfers in the world. Her workouts typically revolve around strength training, including cycling, running, weightlifting, and such.

When she’s not working out, Annika likes to spend her time raising funds for different causes, including her ANNIKA Foundation Crisis Relief Fund.

Regarding her religious beliefs, Sörenstam has stated that she’s an atheist. She currently holds both Swedish and American citizenship, which has been the case since 2006.

FAQ

How Much Does Annika Sörenstam Make?

Since Sörenstam is currently a retired golf player, most of her earnings come from her endorsement deals, investments, and business ventures. Unfortunately, I found no information about her estimated monthly salary during my research.

Where Did Annika Sörenstam Rank in LPGA Earnings in 2003?

Annika ranked number one in LPGA earnings in 2003 after participating in only 17 events. By that year, she became the first golf player to reach $12 million and $13 million in career earnings!

Who Has the Highest Net Worth on the LPGA Tour?

Annika Sorenstam has the highest net worth on LPGA’s Career Money List as of June 18th, 2023.

To Wrap It Up

Annika Sörenstam has inspired all sorts of people in the golf universe, from Asian female golfers to aspiring junior golf players. She amassed 97 professional wins and 72 LPGA tour wins and aced ten major championships.

With the huge number of tournaments she’s won, her investments, and her endorsement deals, it only makes sense that Annika Sörenstam’s net worth is well over $40 million!

Do you want to know more about the fortune of other professional female golfers? You should check out the American golfer Nelly Korda’s net worth.

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Nick is the founder of GolfSpan and an avid golfer. He's not quite a pro but has over 15 years of experience playing and coaching golfers worldwide. His mission is to bring the golfing community a better experience when it comes to choosing the right golf gear and finding the right setup for your game.

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