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Despite $103M Divorce Settlement, Greg Norman Is Richest Celebrity in Australia

Jun 29, 2009 – 12:30 PM
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Ryan Wilson

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Until a few years ago, Greg Norman, despite his two British Open wins, was probably best known for his 1996 Masters collapse. Hardly fair, but people tend to remember the dramatic train wrecks over the less compelling marches to major victory.

But after a surprising showing at the 2008 British Open (he was in contention for three rounds), Norman redefined our perception of him. No longer was he the guy who impossibly squandered away a six-stroke Sunday lead to lose at Augusta 12 years prior, he was now the 53-year-old part-timer who was playing like the No. 1 golfer in the world, a position he held 11 times from 1986-1998.

Norman also went through a messy divorce last year -- and he ended up forking over $103 million in the settlement -- but seems genuinely happy with his new wife, former tennis icon Chris Evert.

In fact, things are going so well for the Shark that he's now the richest celebrity in Australia, despite forking over a third of his wealth to his ex. Via Smart Company (via Local Knowledge):
The Great While Shark doesn't swing the clubs too much any more, but his fortune jumped from $254 million to $377 million in the last 12 months, according to BRW, although much of this increase can be attributed to the depreciation of the Australian dollar. Norman's main interests are in golf course design and development, but he also has a turf company, a wine business, a beef company, a clothing line and a restaurant.
I think that's called being "recession proof." (It also makes it a lot easier to propose ideas like this.) Tough gig. Other names on the list: 2) Nicole Kidman ($338M), 3) Barry and Robin Gibb ($224M), 8) Luc Longley ($35M), and 10) Keith Urban ($33M).

Kidman is worth more than 10 times that of her husband (Urban), which would be noteworthy if not for Longley making the top 10. Smart Company writes that the former NBA player's "star might not burn as bright as it once did" (Really? When?), "but he did retire from the sport after being paid out his $67 million contract with the New York Knicks. Longley has also done well out of the Perth property market." That Knicks contract worked out pretty well, too.

In less exciting Norman news, he has agreed to play the Australian Open the next three years.
Filed under: Sports