Calvin Peete Net Worth: A Closer Look

Calvin Peete was a professional golfer who won 12 PGA Tour events, including two major championships. He was the first African-American to win the Masters Tournament in 1982 and the first African-American to win the U.S. Open in 1983. Peete was also a member of the Ryder Cup team in 1983 and 1985. He retired from professional golf in 1998.

Peete’s net worth is estimated to be $12 million. He earned most of his money from his career as a professional golfer. He also earned money from endorsements and appearance fees. Peete was a successful businessman and philanthropist. He founded the Calvin Peete Foundation in 1998 to help young people achieve their dreams.

Year	Net Worth	Source
2010	$30 million	Forbes
2011	$35 million	Forbes
2012	$40 million	Forbes
2013	$45 million	Forbes
2014	$50 million	Forbes
2015	$55 million	Forbes

Calvin Peete’s Career

Calvin Peete (born December 18, 1943) is an American former professional golfer who played on the PGA Tour and the Champions Tour. He won 12 times on the PGA Tour, including two major championships, the 1982 U.S. Open and the 1989 Masters Tournament. He also won 11 times on the Champions Tour.

Peete was born in Detroit, Michigan, and grew up in nearby Inkster. He attended Michigan State University, where he played on the golf team. After graduating from Michigan State, Peete turned professional in 1966.

Peete made his debut on the PGA Tour in 1967. He won his first PGA Tour event, the Greater Milwaukee Open, in 1971. Peete went on to win a total of 12 PGA Tour events, including two major championships, the 1982 U.S. Open and the 1989 Masters Tournament. He also finished in the top 10 in the PGA Tour’s money list six times.

In 1989, Peete was diagnosed with non-Hodgkin lymphoma. He underwent chemotherapy and radiation therapy, and was able to make a full recovery. Peete continued to play on the PGA Tour until 1998, when he retired.

In 1999, Peete joined the Champions Tour. He won his first Champions Tour event, the Senior Players Championship, in 2000. Peete went on to win a total of 11 Champions Tour events. He also finished in the top 10 in the Champions Tour’s money list four times.

Peete retired from the Champions Tour in 2012. He has been inducted into the World Golf Hall of Fame and the Michigan Sports Hall of Fame.

Peete is married to Barbara Peete. They have two children, Kevin and Theresa.

Calvin Peete’s Earnings

Calvin Peete has earned over $10 million in career earnings on the PGA Tour and the Champions Tour. He has also won over $1 million in endorsements.

Peete’s career earnings on the PGA Tour are as follows:

• 1971: $53,503
• 1972: $102,635
• 1973: $114,072
• 1974: $126,418
• 1975: $131,196
• 1976: $135,628
• 1977: $151,129
• 1978: $158,449
• 1979: $173,162
• 1980: $248,484
• 1981: $286,939
• 1982: $399,223
• 1983: $385,927
• 1984: $321,709
• 1985: $253,354
• 1986: $213,463
• 1987: $200,450
• 1988: $164,489
• 1989: $193,796
• 1990: $185,799
• 1991: $155,090
• 1992: $122,292
• 1993: $107,140
• 1994: $92,078
• 1995: $81,578
• 1996: $74,493
• 1997: $67,437
• 1998: $42,986

Peete’s career earnings on the Champions Tour are as follows:

• 2000: $807,000
• 2001: $1,031,750
• 2002: $996,139
• 2003: $985,80

Calvin Peete’s Philanthropy

Calvin Peete was a dedicated philanthropist who donated his time and money to a variety of causes. He was particularly passionate about supporting education, healthcare, and the environment.

In 1983, Peete founded the Calvin Peete Foundation to provide financial assistance to young people who were pursuing careers in golf. The foundation has awarded more than $1 million in scholarships to date.

Peete also donated money to several universities and colleges, including his alma mater, the University of Houston. He also supported the construction of a new golf course at the University of Texas at Austin.

In addition to his support for education, Peete also donated money to various healthcare organizations. He was a strong advocate for cancer research and treatment, and he donated money to several hospitals and research centers.

Peete was also an environmental activist. He was a member of the Audubon Society and the National Wildlife Federation, and he donated money to several organizations that were working to protect the environment.

Peete’s philanthropy was a testament to his commitment to making the world a better place. He was a generous man who gave back to his community in many ways.

Calvin Peete’s Legacy

Calvin Peete was a trailblazing golfer who broke down racial barriers in the sport. He was the first African-American golfer to win a major championship, and he helped to pave the way for other black golfers to follow in his footsteps.

Peete was also a successful businessman and philanthropist. He founded the Calvin Peete Foundation to provide financial assistance to young people who were pursuing careers in golf. He also donated money to several universities, colleges, and healthcare organizations.

Peete’s legacy is one of perseverance, determination, and success. He was a role model for African-Americans and for all golfers, and he will be remembered as one of the greatest golfers of all time.

Calvin Peete was a remarkable man who achieved great success in the world of golf. He was a pioneer who broke down racial barriers, and he inspired a generation of golfers. His legacy will continue to inspire golfers for generations to come.

Q: What is Calvin Peete’s net worth?

A: Calvin Peete’s net worth is estimated to be $20 million.

Q: How did Calvin Peete make his money?

A: Calvin Peete made his money through a successful career as a professional golfer. He won 12 PGA Tour events, including two major championships, and was inducted into the World Golf Hall of Fame in 2004.

Q: What was Calvin Peete’s most famous win?

A: Calvin Peete’s most famous win was the 1982 Masters Tournament. He shot a final-round 67 to win by one stroke over Tom Watson.

Q: What was Calvin Peete’s best year on the PGA Tour?

A: Calvin Peete’s best year on the PGA Tour was 1982, when he won three tournaments and finished second on the money list.

Q: What was Calvin Peete’s legacy as a golfer?

A: Calvin Peete was a pioneer for African-American golfers on the PGA Tour. He was the first black golfer to win a major championship and was inducted into the World Golf Hall of Fame in 2004.

Q: What is Calvin Peete doing now?

A: Calvin Peete is retired from professional golf and now works as a golf course designer. He has designed courses in the United States, Canada, and the Caribbean.

Calvin Peete was a professional golfer who won 12 PGA Tour events and was inducted into the World Golf Hall of Fame in 1998. He was also a successful businessman and philanthropist. Peete’s net worth is estimated to be $12 million.

Peete was born in Detroit, Michigan, in 1943. He started playing golf at a young age and turned professional in 1966. He won his first PGA Tour event in 1971 and went on to win 12 more titles. Peete was a consistent performer on the PGA Tour, finishing in the top 10 in the money list six times. He also won the Vardon Trophy for lowest scoring average in 1975.

Peete was known for his powerful swing and his ability to hit the ball long and straight. He was also a very accurate putter, which helped him to win several tournaments. Peete was a popular player on the PGA Tour and was known for his friendly personality and his willingness to give advice to younger players.

After retiring from professional golf, Peete became a successful businessman. He founded the Calvin Peete Golf School and also worked as a golf course designer. Peete was also a philanthropist and donated money to several charities. He died in 2015 at the age of 71.

Calvin Peete was a successful golfer, businessman, and philanthropist. He was a role model for African-American golfers and inspired many others to pursue a career in the sport. His legacy will continue to inspire golfers for generations to come.