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Why Tiger's decision to skip U.S. Open isn't unexpected (1:02)

Tiger Woods decided not to play in the US Open. There is a time and a place for this.

10:27 AM ET

Tiger Woods is already in the public eye for his accomplishments on the golf course. According to Forbes, Woods' net worth is at least $1 billion, making him one of only three athletes in the world to have a billion dollar fortune.

James was estimated to be worth over $1 billion last week, making him the third most valuable athlete.

While still an active NBA player, James earned $121 million gross over the past year, while Jordan didn't make the list until after he retired.

According to Forbes, less than 10% of Woods' net worth is derived from earnings on the golf course. His sponsorship deals with Nike, TaylorMade, Gatorade, and Monster Energy have all contributed to his success.

Similar to James, Woods doesn't consider himself just an athlete and has gotten into ownership and course design. Woods has several companies in his portfolio, including TGR Design, TGR Live, and TGR Venture.

He has a stake in PopStroke, a luxury minigolf organization that has multiple locations in Florida.

Despite a number of events in 2009, including a Thanksgiving car crash that resulted in multiple sponsors dropping him, Woods' net worth has grown. According to Forbes, Woods has made $68 million off-course in the past year.

He's only played in The Masters and the PGA Championship over the past few months, but he's the 14th-highest-paid athlete in the world.