
PHIL MICKELSON
Six-time major golf champion who became the face of LIV Golf and one of sport's most prolific gamblers and investors.
Phil Mickelson has won six major golf championships, earned over $95 million in prize money, and still somehow managed to lose $100 million gambling. He left the PGA Tour for LIV Golf's reported $200 million guaranteed deal, making him the highest-paid defector in sports history. The man plays golf and life the same way — aggressive, bold, and occasionally catastrophically wrong.
Net Worth
$400 million
Nationality
American
Time Horizon
Medium-Term
Risk Appetite
10 / 10
CAREER & BACKGROUND
Born in San Diego in 1970. Turned pro in 1992.
Won his first major at the 2004 Masters at age 33 after years of being the best player without a major title. Won six majors total: three Masters (2004, 2006, 2010), one PGA Championship (2005), one Open Championship (2013), and another PGA Championship (2021) at age 50 — making him the oldest major champion in golf history.
Off the course, Mickelson is one of the most active athlete-investors in history. He co-founded a coffee brand, invested in real estate across the Southwest, and partnered with business manager Steve Loy on multiple ventures.
He also became famous for his gambling — reported to have wagered over $1 billion over his career, with net losses estimated at $100 million.
In 2022, Mickelson became the highest-profile golfer to join the Saudi-backed LIV Golf league for a reported $200 million guaranteed. He was briefly suspended by the PGA Tour and lost sponsors including Callaway, Amstel Light, and KPMG before they were replaced by LIV-affiliated deals.
COMPANIES & ROLES
Six-time major golf champion. Co-founded and invested in multiple businesses including coffee brand and real estate.
Joined LIV Golf in 2022 for a reported $200 million. Career PGA Tour earnings of $95+ million.
Also earned $700+ million in endorsements and appearance fees over his career.
INVESTING STYLE & PHILOSOPHY
Aggressive and concentrated. Mickelson does not diversify — he makes big bets on things he believes in.
In golf, in gambling, and in business, he swings hard. He has invested heavily in real estate and private companies, preferring tangible assets to public market trading.
His financial advisor has said Mickelson treats investments the way he treats golf shots — go for the pin, not the safe center of the green.
THE PLAYBOOK
Risk Approach
Extremely high. This is a man who has reportedly lost $100 million gambling.
He bet his entire PGA Tour career on a LIV Golf deal. He once placed a $400,000 bet on the Super Bowl.
Risk is not something Phil Mickelson avoids — it is something he actively seeks.
Money Habits
Famously generous tipper — $100 tips at restaurants and to caddies at courses he visits casually. Owns multiple properties in Rancho Santa Fe, California, one of the wealthiest zip codes in America.
Known for flying private everywhere. Despite the gambling losses, his earnings have always outpaced his spending — barely.
BIGGEST WIN
The 2021 PGA Championship win at age 50. Nobody in the history of major championship golf had won a major that old.
Mickelson outplayed Brooks Koepka, Louis Oosthuizen, and a field half his age at Kiawah Island. The moment transcended golf — it was a story about defying age and expectations that went global.
BIGGEST MISTAKE
The gambling. A 2023 biography revealed Mickelson lost nearly $100 million gambling over 30 years.
He was also implicated in an insider trading investigation involving Dean Foods stock in 2012 — he paid $1.03 million in disgorgement to the SEC without admitting wrongdoing. The gambling has been the shadow over an otherwise legendary career.
FINANCIAL PHILOSOPHY
Bet big, win big, lose big, move on. Mickelson has never been a cautious person with money.
He earns aggressively and spends aggressively. His philosophy is that life is short, and the upside of bold action always outweighs the downside of playing safe.
Whether this is wisdom or rationalization depends on your perspective.
FAMILY & PERSONAL LIFE
Married to Amy Mickelson since 1996. Three children: Amanda, Sophia, and Evan.
Amy was diagnosed with breast cancer in 2009. Phil stepped away from golf to be with her during treatment.
She recovered fully. The family is based in Rancho Santa Fe, California.
EDUCATION
Arizona State University (graduated with a psychology degree in 1992). Won the NCAA individual championship and three Haskins Awards as the best collegiate golfer in America before turning pro.
BOOKS & RESOURCES
Mickelson is a known fan of Lynch's invest-in-what-you-know approach
The sports psychology book that shaped his mental game
The unauthorized biography that revealed many of his gambling details
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QUOTES (5)
I've made some bad bets. But I've also made some great ones. That's the nature of being aggressive.
Winning at 50 meant more than winning at 30. It proved that experience and preparation can beat youth and talent.
I've always played my best when I've played bold. That applies to golf and to business.
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