Viktor Hovland, the Norwegian golf sensation, continues to make waves on the international golfing stage. At just 26 years old as of May 2024, Hovland has built a remarkable resume both in amateur and professional golf, cementing his place among the sport’s elite. From humble beginnings in Oslo, Norway, to becoming one of the top earners on the PGA Tour, Hovland’s journey is nothing short of inspiring. Here’s a detailed look at his net worth, career highlights, and latest accomplishments.
Viktor Hovland’s Net Worth in 2024
As of 2024, Viktor Hovland’s estimated net worth stands at approximately $17 million. Having turned professional in 2019, Hovland quickly rose through the ranks, collecting significant prize money and lucrative endorsement deals. A pivotal moment came in 2023 when he clinched the Tour Championship, securing the prestigious FedEx Cup and its massive $18 million purse, the single biggest payday of his career.
His career earnings have now soared to $54.4 million, and that’s just counting his on-course winnings. His income streams also include endorsements with some of the sport’s most recognizable brands such as Cisco, PING, Rolex, and J. Lindeberg, though his exact earnings from sponsorships remain undisclosed.
Career Earnings and Salary Highlights
Golfers like Hovland don’t receive a fixed annual salary; instead, their income varies based on tournament performances. In 2023, Hovland earned $34.6 million, largely boosted by his FedEx Cup triumph. By contrast, his 2022 season brought in a still-impressive $8.5 million, according to Spotrac.
Given that the majority of Hovland’s net worth is prize money-driven, it’s fair to say his FedEx Cup victory marked a financial milestone. The win alone accounted for over a third of his total career earnings and catapulted him into the upper echelon of professional golfers in terms of income.
Viktor Hovland’s Rise: From Amateur Star to Global Pro
Before making a name for himself on the PGA Tour, Hovland was already breaking records in the amateur ranks. In 2018, he became the first Norwegian to win the U.S. Amateur Championship, an accomplishment that secured him entries to the 2019 Masters Tournament, U.S. Open, and The Open Championship.
During the 2019 U.S. Open, Hovland shot an aggregate score of 280, breaking a long-standing amateur record set by Jack Nicklaus in 1960. He also finished as the low amateur at both the 2019 Masters and U.S. Open, a rare feat last achieved by Matt Kuchar in 1998.
Hovland’s amateur accolades include nine titles, such as the 2014 Norwegian Amateur Golf Championship, and a period as the world’s No. 1-ranked amateur in 2019. His decision to turn professional later that year marked the beginning of a fast-tracked rise.
Professional Career Milestones
Viktor Hovland transitioned to the professional circuit in 2019 and quickly made headlines. He earned his PGA Tour card after finishing runner-up at the Albertsons Boise Open on the Korn Ferry Tour. Shortly after, he made history as the first Norwegian to win a PGA Tour event, claiming the 2020 Puerto Rico Open.
His international success continued when he triumphed at the 2021 BMW International Open, becoming the first Norwegian to also win on the European Tour. Back-to-back victories at the Hero World Challenge in 2021 and 2022 further solidified his status.
In August 2023, Hovland delivered a course-record 61 at Olympia Fields to clinch the BMW Championship, the opening event of the FedEx Cup Playoffs. He kept that momentum going into the Tour Championship, where he defeated Xander Schauffele by five strokes with a final score of 261 (-27) to win the FedEx Cup.
Viktor Hovland at the Majors and Ryder Cup
Though a major championship win has eluded him thus far, Hovland has been a formidable contender. His best finish in a major came at the 2023 PGA Championship, where he tied for second place alongside Scottie Scheffler, just two strokes behind winner Brooks Koepka.
Additionally, he finished tied for seventh at the 2023 Masters Tournament, but faced a setback when he missed the cut at the 2024 edition of the same event. Despite this, Hovland remains a consistent top performer.
In the 2023 Ryder Cup, Hovland was instrumental in Europe’s 16.5-11.5 victory over Team USA. His record of 3-1-1, including a singles win over Collin Morikawa, highlighted his ability to thrive under team pressure.
Viktor Hovland’s Personal Life and Residence
Currently residing in Stillwater, Oklahoma, Viktor Hovland has chosen to stay close to familiar surroundings, training regularly at Karsten Creek Golf Club, the home course for Oklahoma State University, where he played collegiate golf. While his family background is largely kept private, Hovland is known for his grounded personality and love for Norway.
Although detailed information on his family is limited, Hovland’s parents played a crucial role in supporting his golf career from an early age, fostering his passion which eventually led him to international success.
The Road Ahead
At just 26, Viktor Hovland’s trajectory points towards even greater success. With six PGA Tour victories, two European Tour wins, and two other professional titles, Hovland is poised for more breakthroughs in the coming seasons, including a possible first major championship win.
With rising endorsement opportunities and the momentum from his FedEx Cup victory, Hovland’s net worth and global reputation are expected to climb further as he continues to compete at the highest level.