He's the defining figure in golf. And yes, people still enjoy drinking Arnold Palmers to this day. [10] Palmer's design partner was Ed Seay. He was one of the highest earning golfers of his time and held the title for many years even after retirement. In 1960, he won the Hickok Belt as the top professional athlete of the year and Sports Illustrated magazine's "Sportsman of the Year" award. (Getty). In March, due to a nagging shoulder injury, Palmer was not able to fulfill his duties as honorary starter at the 2016 Masters, Golf Digest had reported. Palmer made the decision to turn pro after winning the 1954 U.S. Per the Pittsburgh Post-Gazette, w hen it came to his will, he left his estate to his second wife, two daughters, his foundation, and employees that he picked to be beneficiaries. 's salary? Arnold had two daughters named Peggy and Amy. Scroll below and check our most recent updates about Arnold Palmer Net Worth, Salary, Biography, Age, Career, Wiki. During his playing career, Arnold Palmer smoked cigarettes, which caused him to battle an addiction to nicotine. [13], Palmer was greatly disappointed by his runner-up finish in the 1960 British Open. American Society of Golf Course Architects, Winnie Palmer Hospital for Women & Babies Center, List of celebrities who own wineries and vineyards, List of golfers with most wins in one PGA Tour event, List of golfers with most PGA Tour Champions wins, List of golfers with most Champions Tour major championship wins, List of men's major championships winning golfers, "Arnie: Palmer's father an imposing, lasting figure", "Golf's most beloved figure, Arnold Palmer, dies at 87", "Arnold Palmer, the Magnetic Face of Golf in the '60s, Dies at 87", "Player Remembers Palmer's 'Dashing Style' & 'Knowing Smile', "90th Open Royal Birkdale 1961: Palmer takes the Open after a late challenge by Rees", "91st Open Royal Troon 1962: Palmer's victory signals a new era", "Iron Man Avery, Arnold Palmer's caddie for all four Masters wins, finally has a grave stone some 3+ decades after his death", "Arnie: Trevino remembers his Ryder Cup captain", "Arnold Palmer dies at 87 of complications from heart problems", "Palmer v. Gotta Have It Golf Collectibles, Inc", "Tiger Woods Misses the Cut in Golf Memorabilia Dispute", "Gotta Have It Golf, Inc. v. Arnold Palmer Enterprises, Inc., No. In Pennsylvania's Latrobe, Palmer was born. Palmer designed more than 300 golf courses in 37 states, 25 countries, and five continents (all except Africa and Antarctica), including the first modern course built in China, in 1988. Her Death in 1999) and Kathleen Gawthrop (M. 2005; His Death in 2016) Children: Amy Palmer and Peggy Palmer: Height: 5 . Arnold was married to Winifred Walzer for 45 years. Once Palmer left the Guard, he returned to the world of competitive golf. He also owned the Latrobe Country Club, which he purchased in 1971, and helped found the sports network The Golf Channel. As of March 2023, Arnold Palmer had an estimated net worth of more than $875 million at the time of his death. After winning that match, Palmer quit his job selling paint and played in the Waite Memorial tournament in Shawnee-on-Delaware, Pennsylvania. Palmer was married to Winnie Walzer (1934-1999) for 45 years. Palmer was married to the former Winnie Walzer (19341999) for 45 years; the couple had two daughters. He represented everything that is great about golf. Johnson said Palmer was admitted to the hospital Thursday for some cardiovascular work and weakened over the last few days.. Matthews and associated parties counter-claimed that Palmer and associated businesses committed several acts, including breach of contract, breach of implied duty of good faith and violations of Florida's Deceptive and Unfair Trade Practices Act. Fellow legend Jack Nicklaus said at that time, according to Golf Digest: I know he is doing what is in the best interest of his health and for future opportunities to get back up on that tee with driver in hand. He built up a wide fan base, often referred to as "Arnie's Army", and in 1967 he became the first man to reach $1 million in career earnings on the PGA Tour. [12], In particular, Palmer traveled to Scotland in 1960 to compete in the British Open for the first time. During his lifetime, these endorsement deals paid Arnold an astonishing $1.3 BILLION after adjusting for inflation. Amateur in Detroit. Arnold Palmer diedSunday at the age of 87 due to complications related to heart issues. In a career spanning more than six decades, Palmer won 62 PGA Tour titles from 1955 to 1973. Arnold Palmer is considered one of the most popular golfers in the world. Arnold Palmer Net Worth 2023: Age, Height, Weight, Wife, Kids, Bio-Wiki, Kathleen Gawthrop (m. 20052016), Winifred Walzer (m. 19541999), Yes (Amy Palmer Arnold Palmer, Peggy Palmer). He was in charge of the Palmer Course Design Company, alongside partner Ed Seay. In 1961 and 1962, he won the Open Championship. 1 Palmer won this with a birdie on the first playoff hole. According to Celebrity Net Worth, Arnold Palmer had an estimated net worth of around $700million at his time of death. He was 86 years old at the time. Learning how to fly an airplane. Arnold Palmer Net worth $1.4 Billion Arnold Palmer was an American professional golfer who was nicknamed "The King", and is considered as one of the greatest and most charismatic players in golf history. [10] Winnie died at age 65 on November 20, 1999, from complications due to ovarian cancer. On March 12, 2014, a Florida jury ruled in favor of Gotta Have It on its breach of contract and other related claims. There were quite a few people included in Palmer's will. [48] He and O.J. [8] "That victory was the turning point in my life," he said. The Arnold Palmer Invitational is an annual PGA Tour event where charitable proceeds are directed to the Palmer Medical Center. He formed the company Palmer Course Design in 1972 with his design partner Ed Seay; it was renamed to the Arnold Palmer Design Company in 2006. Palmer wanted to emulate the feats of his predecessors Bobby Jones, Sam Snead and Hogan in his quest to become a leading American golfer. Powered by. Maybe you know about Arnold Palmer very well But do you know how old was he at the time of his death and what is his net worth in 2023? Palmer was eligible for the Senior PGA Tour (now PGA Tour Champions) from its first season in 1980, and he was one of the marquee names who helped it to become successful. In 1971, Palmer purchased the Latrobe Country Club - where he grew up playing. Arnold Palmer body measurments, height, weight and age details. Among his many wins and championships, he won the PGA Tour 62 times and the Championship Tour ten times. [62] His estate was valued at $875 million and was divided between his two daughters, his second wife (who received $10 million), eight employees who received $25,000 each, and his charity, Arnie's Army, which received $10 million.[63]. In 1997, he received the Bob Jones Award. Today's insanely rich athletes like Tiger Woods, Michael Jordan and Kobe Bryant all owe Palmer a huge debt of gratitude for the trail he blazed and the blueprint he created. In 1960, he won the Hickok Belt as the top professional athlete of the year and Sports Illustrated magazine's "Sportsman of the Year" award. His first tour win was in 1955, during his rookie season; he won the Canadian Open, earning $2,400. When is Arnold Palmer Words cannot describe the loss of Mr. Arnold Palmer. During his lifetime, Palmer was famous for being a golfer, but it was his revolutionary sports marketing that made him legendary. 1Defeated Player (2nd) and Finsterwald (3rd) in an 18-hole playoff; Palmer (68), Player (71) and Finsterwald (77). He is fifth on the Tour's all-time victory list, trailing only Sam Snead, Tiger Woods, Jack Nicklaus, and Ben Hogan. Arnold Palmer earned a total of $7 millionon the course as a professional golfer. In 1954, Arnold Palmer won the U.S. [46] That included building one of the premier events on the PGA Tour there along with his contributing to new hospitals. That's the same as around $60,000 today. In fact, according to Forbes estimate, his combined golf and business revenue brought him $1.3 billion. His public memorial service was held October 4 in Latrobe, Pennsylvania. In 2000, Palmer was ranked the sixth greatest player of all time in Golf Digest magazine's rankings, and by 2008 had earned an estimated $30 million. Well, if youre ready, lets start. 's birthday? This mark falls short of both Nicklaus 73 career wins and Woods current total of 82 career wins. His appearance at the British Open also convinced many American golfers that it was worth it to travel to Britain for the event, something few had done. a This was the January edition of the tournament. His wins in the 1960s include Canada Cup, Long Island Open, Panama Open, Australian Open, Piccadilly World Match Play Championship, and Wills Masters. "T" = tied. And just like Michael Jordan, the vast vast. He was also known to be a humble person who changed the person of golf. Palmer has represented the United States in several events and won them. Arnold died on September 25th, 2016. Then, in 1958, he experienced his first majors victory at the 1958 Masters Tournament. He owned the Bay Hill Club and Lodge in Orlando, Florida, which serves as the venue for the Arnold Palmer Invitational (renamed in 2007, originally the Bay Hill Invitational) on the PGA Tour. The same jury rejected the counterclaims of Palmer and Woods, and awarded Gotta Have It $668,346 in damages. At the Coast Guard Training Center in Cape May, New Jersey, he built a nine-hole course and had some time to continue to hone his golf skills. About. It has been 13 months since Arnold Palmer died, from complications of heart problems, at the age of 87. Palmer was globally recognized for his achievements as a golfer and being part of "The Big Three" in golf, along with Jack Nicklaus and Gary Player, the three key players who are widely credited with popularizing and commercializing the sport around the world. Palmer's charisma was a major factor in establishing golf as a compelling television event in the 1950s and 1960s, which set the stage for the popularity it enjoys today. The licensing business is one by its nature that can perpetuate far beyond the persons demise if set up correctly, says Alastair Johnston, Palmers longtime agent at IMG. A Golden Palm Star on the Palm Springs Walk of Stars was dedicated to Palmer on January 1, 2017. Palmer married his second wife, Kathleen Gawthrop, in 2005. Palmer's most prolific years were 19601963, when he won 29 PGA Tour events, including five major tournaments, in four seasons. Palmer earned $3.6 million in prize money during 52 years on the PGA Tour and Champions Tour, but his business prowess pushed his career earnings to $875 million, including endorsements, appearances, licensing and course design fees (it was $1.4 billion adjusted for inflation). He built up a wide fan base, often referred to as "Arnie's Army", and in 1967 he became the first man to reach $1million in career earnings on the PGA Tour. Palmer himself was known to often order and drink this particular combination. Most analysts agree that the No. He won ten events on the tour, including five senior majors. After his enlistment term with the Coast Guard ended, he returned to college and competitive golfing. Palmer would have ranked13th in Forbes look at the worlds highest-paid athletes(active athletes only). [61] After his funeral, he was cremated and his ashes were scattered in his hometown at Latrobe Country Club. [8] He left upon the death of close friend Bud Worsham and enlisted in the U.S. Coast Guard, where he served for three years, 19511954. At the time of his death, Arnold was one of the wealthiest athletes of all time with a net worth of $700 million. Through his company, Arnold Palmer Enterprises, his name has been marketed, promoted, branded, and licensed like no other. (Getty) Arnold Palmer amassed a net worth of about $675 million in his lifetime, most of after he was done dominating on the golf course. He was far from being an athlete who made money from his skills. Over the years, Palmer would acquire several other dealerships in several states including a Buick-Cadillac store in his hometown of Latrobe. indicates the event was won in a playoff; indicates the event was won wire-to-wire; # indicates the event was won by an amateur. Palmer had a diverse golf-related business career, including owning the Bay Hill Club and Lodge in Orlando, Florida, which is the venue for the PGA Tour's Arnold Palmer Invitational (renamed from the Bay Hill Invitational in 2007), helping to found The Golf Channel,[10][24] and negotiating the deal to build the first golf course in the People's Republic of China. said The Pittsburgh Post-Gazette newspaper. Although . He won 62 PGA Tour events, including four victories at the Masters, and was inducted into the World Golf Hall of Fame in 1974. In March, his grandson, pro golfer Sam Saunders, said Palmer wouldnt be as much of a presence at the Arnold Palmer Invitational: I think his availability to get out and be on the course and be seen as much will be limited. A question-and-answer session replaced the traditional press conference, said Golf.com. [47] Palmer created the Arnie's Army Charitable Foundation to help children and youth. [46] On hearing about Palmer's death, Tiger Woods said, "My kids were born at the Winnie Palmer Hospital for Women & Babies, and his philanthropic work will be remembered along with his accomplishments in golf. Long after he ceased to win tournaments, Palmer remained one of the highest earners in golf due to his appeal to sponsors and the public. [10] He raised his game status for the next several seasons. Furthermore, from 1955 to 1971, he won a PGA Tour event every year. Would love your thoughts, please comment. Fortunately, everything was laid out well for how things would be distributed in the event of his death. By Rick Rosen. He signed his first endorsement deal in 1959 with the golf club maker Wilson. He is also the winner of the Congressional Gold Medal in 2009. His original money man, contemporary Mark McCormack, sport's first super agent, was at least a co-builder of his great friend's . Members of their entourage are sometimes left with nothing. Arnold Palmer was a well-known professional golfer from America who is regarded as one of the greatest golfers in the history of golf. The United States Postal Service issued a commemorative stamp honoring Palmer on March 4, 2020. Additionally, he made 50 consecutive appearances in the Masters Tournament, making his last one in 2004. There, he met his future wife, Winifred Walzer, and they remained married for 45 years until her death in 1999. Palmer will also forever be known as the namesake of the Arnold Palmer drink, a mix of lemonade and iced tea. If you're wondering what Arnold Palmer's net worth was, the legendary golfer had an estimated net worth of a whopping $675.0 million! His appearance overseas drew American attention to the Open Championship, which had previously been ignored by the American golfers. He also had a deal with Coca-Cola that paid him $15,000 per year ($115,000 today). Arnold Palmer will celebrate 94th birthday on a Sunday 10th of September 2023. She passed away in 1999 from complications due to ovarian cancer. pic.twitter.com/h9vfwffLBm, Gerry Dulac (@gerrydulac) September 29, 2016. "[32] Arnold Palmer Boulevard is named in his honor. [8], On November 17, 1954, Palmer announced his intentions to turn pro. Andrew Redington/Getty Images #2. He has won titles as an amateur, professional, and as a senior player. [19], In 2004, he competed in the Masters Tournament for the last time, marking his 50th consecutive appearance in that event. ESPN Arnold Palmer The Machine | 2 Spots. [45] He first visited Orlando in 1948 during a college match. [30] The Latrobe dealership, known as Arnold Palmer Motors, closed in 2017 after 36 years in business.[31]. [67] PGA of America president Derek Sprague stated: The game has never known a more enthusiastic sportsman than Arnold Palmer. Only Michael Jackson has earned more among deceased celebrities. Postal Service", American Society of Golf Course Architects profile, https://en.wikipedia.org/w/index.php?title=Arnold_Palmer&oldid=1139418682, Winners of men's major golf championships, Winners of senior major golf championships, Ryder Cup competitors for the United States, United States Coast Guard non-commissioned officers, Articles with dead external links from October 2022, Articles with permanently dead external links, Short description is different from Wikidata, All Wikipedia articles written in American English, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, Moody won with birdie on second extra hole, 1947 WPIAL Championship, PIAA Championship, Western Pennsylvania Junior, Western Pennsylvania Amateur, 1950 Southern Intercollegiate, Western Pennsylvania Amateur, Greensburg Invitational, 1951 Western Pennsylvania Amateur, Worsham Memorial, 1952 Western Pennsylvania Amateur, Greensburg Invitational, Most consecutive cuts made 26 (1958 Masters 1965 Masters), Longest streak of top-10s 6 (1966 Masters 1967 U.S. Open), This page was last edited on 15 February 2023, at 01:25. How tall is Arnold Palmer Palmer is often cited as a major factor contributing to the establishment of golf as a popular television event in the 1950s and 1960s. We welcome all corrections and feedback using the button below. Palmer was also a member of the American Society of Golf Course Architects. There are only two athletes in history who have earned more money from endorsements during their lifetimes. On September 25, 2016, Palmer died before his heart surgery. List of Arnold Palmer From 2007 to 2009, Palmer was the sole honorary starter. Arnold Palmer Earned $1.3 BILLION From Endorsements During His Lifetime, Arnold Palmer Is 86 And Hasn't Played Professional Golf In A Decade Yet He Still Made $40 Million Last Year, Arnold Palmer Made An Insane Amount Of Money During His Golf Career And Even More After He Retired. The 33-year-old Celebrity Big Brother winner posted a video of 2020 showing him having sex with Love Island's Georgia Harrison in his backyard. Legendary golfer Arnold Palmer has died. His estate was valued at $875 million and was divided between his two daughters, his second wife (who received $10 million), eight employees who received $25,000 each, and his charity, Arnie's Army, which received $10 million. He was a regular participant in the Senior PGA Tour starting in its inaugural 1980 season. Tiger Woods Net Worth: $800 million Total Winnings from Golf: $120 million Total Career Earnings:. When and how did Arnold Palmer As you may have heard by now, Arnold Palmer died last night at the age of 87. Arnold Palmer Net Worth At Death Arnold Palmer had an estimated net worth $700 million dollars as at the time of his death. That included building one of the premier events on the PGA Tour there along with his contributing to new hospitals. Instead, they would be tied to what people liked and admired about Palmer, his character, integrity, approach-ability, etc. That's enough to make him one of the 10 richest athletes of all time. How rich is Arnold Palmer Fans were also asked to show their respects by going to the Winnie Palmer Nature Reserve, the television station said. You are forever a legend in golf and in life. When he took up residence in Orlando, Palmer helped the city become a recreation destination, "turning the entire state of Florida into a golfing paradise". Palmer leaves behind a wife, Kathleen Gawthrop, and two daughters, Amy and Peggy. He went on to acquire multiple dealerships across the United States. He is also the winner of the 1996 Presidents Cup. (Getty). He was remembered as a dignified legend who always carried himself with class. trends.embed.renderExploreWidget("TIMESERIES", {"comparisonItem":[{"keyword":"Arnold Palmer","geo":"","time":"today 12-m"}],"category":0,"property":""}, {"exploreQuery":"q=Arnold Palmer&date=today 12-m","guestPath":"https://trends.google.com:443/trends/embed/"}); He gained a reputation for drinking a mixture of iced tea and lemonade and years later, the combination was turned into a mass-produced beverage sold under his name. And Palmer wasn't exactly a slouch in the earnings department. (@APinv) June 15, 2014. Arnold Palmer had a net worth of $700 million at the time he made his demise. Before Ben Hogan won that championship in 1953, few American professionals had traveled to play in The Open, due to its extensive travel requirements, relatively small purse, and the style of its links courses (radically different from most American courses). [10] His first major championship win at the 1958 Masters Tournament, where he earned $11,250, established his position as one of the leading stars in golf, and by 1960 he had signed up as pioneering sports agent Mark McCormack's first client. Arnold endorsed a wide range of brands including United Airlines, Holiday Inn, Westin, Qantas, Rolex, Ford, Heinz ketchup, Allstate Insurance, Pennzoil, Hertz and many many more. Palmer's most prolific years were 19601963, when he won 29 PGA Tour events, including five major tournaments, in four seasons. AriZona Beverages produced 500 million cans of the line last year, and with thebrandfocused on the 13-to-35-year-old consumer, 60% to 70% ofits customers associate the Palmer name with the drink instead of the golfers accomplishments on the course. Here is a collection of well wishes from players, media and others in the golf world for Arnold Palmer on his 85th birthday. From 2007 to 2009, Palmer was the sole honorary starter. In 2004, he competed in the Masters Tournament for the last time, marking his 50th consecutive appearance in that event. He won seven major titles in a six-plus-year domination from the 1958 Masters to the 1964 Masters. Arnold Palmer died from heart problems at the age of 87 in 2016. At his death, he and Jack Nicklaus were the only two Masters champions to be regular members of Masters organizer Augusta National Golf Club (as opposed to the honorary membership the club grants to all Masters champions). The basis of their strategy was two-fold. During the spring and summer months, Palmer resided in Latrobe, and he spent winters in Orlando and La Quinta, California. While awaiting surgery at the University of Pittsburgh Medical Center, Palmer succumbed to complications with his heart. As a designer, Palmer worked on more than 300 golf courses in 37 states, 25 countries, and five continents (all excluding African and Antarctica). Arnold Palmer Boulevard is named in his honor. AUGUSTA, GEORGIA APRIL 07: (L-R) Honorary starters Jack Nicklaus, Arnold Palmer and Gary Player attend the ceremonial tee off to start the first round of the 2016 Masters Tournament at Augusta National Golf Club on April 7, 2016 in Augusta, Georgia. He was a part of the Big Three in golf with the great Jack Nicklaus. Palmer also won three other majors during those six years. Between 1958 and 1964, he won the Masters four times a feat only Nicklaus and Woods have ever been able to duplicate. [10][28], As a member of the Lincoln-Mercury Sports Panel, in the early 1970s Palmer was a brand ambassador for Lincoln-Mercury. Nonetheless, his career easily ranks among the greatest in golf history. Palmer was 87-years-old, said Golf Digest, which also confirmed the golfers death. He noted that many of his colleagues smoked, and he even endorsed the product in television commercials. Complete Wiki Biography of Arnold Palmer, which contains net worth and salary earnings in 2023. His grandson, Sam Saunders, is a professional golfer who grew up playing at Bay Hill, where he won the club championship at age 15. His website, which is now a tribute to him and memorial, says, It all began in the 1960s when Arnold Palmers go for broke style of golf bolstered a legion of fans who were coined by the press as Arnies Army. According to Celebrity Net Worth, Arnold Palmer had an estimated net worth of around $700million at his time of death. He had already won both the Masters and U.S. Open and was trying to emulate Hogan's 1953 feat of winning all three tournaments in a single year. During his 52-year career on the PGA Tour and Champions Tour, Palmer won $3.6 million in prize money. It has been 13 months since Arnold Palmer died, from complications of heart problems, at the age of 87. His earnings or salary as a pro golfer from his career were quite high, which helped him become the first player to gain $1 million in career earnings. Even death can't slow down the earning power of a sports star as popular and lucrative as Palmer. Arnold married his second wife, Kathleen Gawthrop, in 2005 in Hawaii. Additionally, Palmer ventured into the car business in 1974 when he purchased a Cadillac dealership in Charlotte, North Carolina, along with his business partners Mark McCormack and Don Massey. He received a golf scholarship and went to Wake Forest College. For the last time. He was known to have a fear of flying, and this led him to earn a pilot certificate. Actor. $3.6 million is a decent amount of money, but not really enough to sustain. He has also ventured into golf business and has designed above 300 golf courses across the world. There, he met his future wife, Winifred Walzer, and they remained married for 45 years until her death in 1999. Terms of the deal required Palmer to give the clubs back if he ever quit playing. His participation in The Open Championship in the early 1960s "was the catalyst to truly internationalize golf," said European Tour chief executive Keith Pelley. Source: Vimbuzz.com Related Posts As of January 2023, Arnold Palmer had an estimated net worth of more than $875 million at the time of his death. [8][10] In 1971, he purchased Latrobe Country Club (where his father used to be the club professional) and owned it until his death. "[8], After winning that match, Palmer quit his job selling paint and played in the Waite Memorial tournament in Shawnee-on-Delaware, Pennsylvania. By 1960, he was signed with the pioneering sports agent Mark McCormack as his first client. Save my name, email, and website in this browser for the next time I comment. The endorsements kept piling up thanks to Arnold's likability and "every-man" persona. More wins followed in the next couple of years, as Palmer continued to raise his status in the game. Palmer had a diverse golf-related business career, including owning the Bay Hill Club and Lodge in Orlando, Florida, which is the venue for the PGA Tour's Arnold Palmer Invitational (renamed from the Bay Hill Invitational in 2007), helping to found The Golf Channel, and negotiating the deal to build the first golf course in the People's Republic of China. British fans were excited about Palmer's playing in the Open. His brand, like the Jordan Brand, is eternally earning respect and worth something. Remembering Arnold Palmer's work as pitchman for Cadillac", "Golf icon Arnold Palmer was also an auto industry player", "Arnold Palmer Motors near Latrobe will close Dec. 1 after 36 years", "RIP, Arnold Palmer: Obama, Nicklaus, Woods and others pay tribute to 'The King', Arnold Palmer:100 things to know about The King, "50 Greatest Golfers of All Time: And What They Taught Us", "Arnold Palmer joining exclusive gold club", "Arnold Palmer receives Congressional Gold Medal", "Golfer Arnold Palmer Honored With Congressional Gold Medal", "Nicklaus to join Palmer as honorary starter at Masters", "Player to Join Palmer, Nicklaus as Honorary Starter at 2012 Masters", "Arnold Palmer's Grandson Makes Cut for US Open", "Palmer gets remarried in Hawaii ceremony", "Arnold Palmer dies, Orlando loses its king of sports and charity", "1985 Hertz Commercial: O.J. All net worths are calculated using data drawn from public sources. Quite simply, he made golf cool. [32], He is mentioned by James Bond's caddie in Goldfinger: "If that's [Goldfinger's] original ball, I'm Arnold Palmer. The drink combination is sold under the Arnold Palmer trademark by Arizona Beverage Company since 2002, featuring a picture of Palmer and his signature on the bottle. He earned enough to live more than comfortably ($3.5 million), but it was his keen sense of entrepreneurship that propelled him into the stratosphere of wealth. His fans declared themselves to be members of "Arnie's Army.". became famous? Whenever one of his endorsement deals came up for renewal, a rival sponsor was waiting in the wings to increase the offer. Over the next several years, Palmer lit the golf world on fire. Palmer owned several car dealerships, specializing primarily in Buicks and Cadillacs.

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