Profile
American professional golfer
#81 in Golf today
John Daly has a net worth of $3 million, as of 2024. At the peak of his career, Daly’s highest net worth was $36 million. John Daly is a golfing legend with two Major Championships.
How did John Daly Lose his Money?
John Daly’s financial losses primarily stem from his extensive gambling habit, which he has openly acknowledged and struggled with throughout his career.
In his autobiography, Daly estimated losing between $15 and $17 million from gambling between 1991 and 2007. Some reports claim these losses could be even higher, potentially reaching up to $30 million.
Examples of gambling losses: In 2005, after losing a playoff to Tiger Woods, Daly reportedly gambled away $1.65 million in just five hours at a Las Vegas casino.
He has admitted to playing high-stakes blackjack hands for $5,000 to $15,000 per hand and spending large sums on slot machines.
Impact of his losses:
- Daly has filed for bankruptcy twice, citing gambling debts as a major factor.
- He has faced lawsuits from creditors and has had to settle debts out of court.
- Despite his earnings from golf tournaments and endorsements, his gambling habit has significantly impacted his financial security.
Debts & Setttlements
Daly’s real estate history also reflects his financial ups and downs. He has owned luxurious properties like a $12 million mansion in Windermere, Florida, which he was forced to sell at a loss during his first bankruptcy. He currently resides in a more modest home in Arkansas.
Creditors haven’t held back when it comes to pursuing Daly for unpaid debts. He has faced numerous lawsuits and out-of-court settlements over the years. His financial struggles highlight the importance of responsible financial management and seeking help when needed.
Divorces & Alimony
John Daly’s net worth has been greatly impacted by his four divorces to date. In total, he has paid out $11 million in settlements for all of his divorces. Daly also ended up having to pay $500k a month in child support and alimony to each of his ex-wives.
John Daly Net Worth 2024 (Forbes)
| Net Worth | $3 Million |
| Peak Net Worth in 1995 | $36 Million |
| Annual Income | $900,000 |
| Career Earnings | $20 Million |
| Other Income | $1.2 Million |
| Debts and Loans | $5.8 Million |
| Inheritance | $2,000 |
FAQs
John Daly’s highest net worth is $16 million.
John Daly has amassed an estimated $20 million in career earnings from official and unofficial golf tournaments, but his flamboyant lifestyle and gambling habit have significantly impacted his net worth.
While John Daly doesn’t have major corporate sponsors anymore, he still boasts endorsements with clothing brand Loudmouth and maintains collaborations with smaller organizations like John Daly Merchandise and Wentz Financial Group.
John Daly’s gambling habit, estimated to have cost him between $15 million, is the primary cause of his significant financial losses.
Reports estimate his peak weight to be around 329 pounds in 2008, before undergoing gastric bypass surgery.