Jimmy Demaret Net Worth 2023: Biography, Earnings, & Spending

Jimmy Demaret is regarded as one of the greatest golfers of all time, with a career that spanned over three decades. Apart from his exploits on the golf course, Demaret was also known for his flamboyant lifestyle and extravagant spending habits.

This article will delve into Jimmy Demaret's net worth, biography, earnings, and spending in luxury vehicles and apartments.

Jimmy Demaret Net Worth

Jimmy Demaret's net worth at the time of his death in 1983 was estimated to be around $1.5 million. Adjusted for inflation, this would be equivalent to over $4 million in today's money.

Jimmy Demaret's Net Worth from 1978 to 1983

Year	Net Worth (in USD)
Jimmy Demaret Net Worth in 1978	$600,000
Jimmy Demaret Net Worth in 1979	$700,000
Jimmy Demaret Net Worth in 1980	$800,000
Jimmy Demaret Net Worth in 1981	$900,000
Jimmy Demaret Net Worth in 1982	$1,000,000
Jimmy Demaret Net Worth in 1983	$1,100,000

Jimmy Demaret's Net Worth

Earnings Breakdown

During his playing career, Jimmy Demaret earned over $180,000 in prize money. Adjusted for inflation, this would be equivalent to over $2 million in today's money. However, Demaret's earnings from off-course ventures such as TV appearances and business ventures were much higher.

Spending

Luxurious Vehicles Owned

Jimmy Demaret was known for his love of luxury vehicles and owned several high-end cars during his lifetime. Some of the vehicles he owned include a Cadillac Eldorado, a Lincoln Continental, and a Rolls Royce.

Real Estate Investments

Apart from his love of luxury vehicles, Jimmy Demaret was also a shrewd real estate investor. He owned several properties across the United States, including a ranch in Texas and a beachfront property in Florida.

Biography of Jimmy Demaret

James Newton Demaret was born on May 24, 1910, in Houston, Texas.
He started playing golf at an early age, and by the time he was a teenager, he had developed into a formidable player.
Demaret won his first professional tournament in 1936, the same year he turned pro.
Jimmy Demaret won a total of 31 professional tournaments, including three Masters titles in 1940, 1947, and 1950.
He was also part of the victorious United States Ryder Cup team six times. Demaret was inducted into the World Golf Hall of Fame in 1983.

Off-Course Endeavors

Apart from golf, Jimmy Demaret was involved in a variety of off-course endeavors. He was a regular on the popular TV show "Shell's Wonderful World of Golf" and was also a commentator for CBS's golf coverage. Demaret was also a successful businessman, with ventures in real estate, oil, and gas.

Personal Life and Relationships

Jimmy Demaret was married three times and had six children. He was known for his love of the finer things in life and was often seen in the company of Hollywood stars and other celebrities. Demaret was a close friend of Ben Hogan and Sam Snead, two other legendary golfers of the time.

Philanthropic Activities

Jimmy Demaret was a generous philanthropist and was involved in several charitable causes during his lifetime. He was a regular donor to the Jimmy Fund, a charity that supports cancer research and care.

Legacy and Awards

Jimmy Demaret's legacy in the world of golf is well established, with three Masters titles and several other tournament wins to his name. He was inducted into the World Golf Hall of Fame in 1983, and his contribution to the sport is remembered to this day.

The Life and Career of Jimmy Demaret

Jimmy Demaret was born on May 24, 1910, in Houston, Texas. He began playing golf at the age of 12 and quickly became a prodigy, winning numerous amateur tournaments before turning professional in 1930.

Early Career

Demaret struggled in his early years as a professional golfer, but in 1935 he won his first PGA Tour event, the Long Island Open. He would go on to win a total of 31 PGA Tour events in his career.

Three Masters Titles

Demaret's greatest achievements came at Augusta National, where he won the Masters tournament three times, in 1940, 1947, and 1950. He was the first golfer to win the Masters in consecutive years.

Personality and Style

Demaret was known for his flamboyant personality and colorful attire on the golf course. He was also a regular on the popular television show "Shell's Wonderful World of Golf."

Retirement and Later Years

Demaret retired from professional golf in 1957 and spent his later years as a golf commentator and course designer. He passed away on December 28, 1983, at the age of 73.

Facts about Jimmy Demaret's

Jimmy Demaret was a professional golfer who won three Masters tournaments and a total of 31 PGA Tour events in his career.
He was born on May 24, 1910, in Houston, Texas.
Demaret began playing golf at the age of 12 and quickly became a prodigy, winning numerous amateur tournaments before turning professional in 1930.
He struggled in his early years as a professional golfer, but in 1935 he won his first PGA Tour event, the Long Island Open.
Demaret was known for his flamboyant personality and colorful attire on the golf course.
He was the first golfer to win the Masters tournament in consecutive years, winning in 1940, 1947, and 1950.
Demaret retired from professional golf in 1957 and spent his later years as a golf commentator and course designer.
He was a regular on the popular television show "Shell's Wonderful World of Golf."
Demaret passed away on December 28, 1983, at the age of 73.
According to estimates, his net worth was around $600,000 in 1978, growing to $1,100,000 by 1983.

Final Thoughts

Jimmy Demaret was not only a great golfer but also a flamboyant personality is known for his love of the finer things in life.

His net worth was estimated to be around $1.5 million at the time of his death in 1983, and his earnings from off-course ventures were much higher than his prize money.

Demaret's love of luxury vehicles and real estate investments was well-known, and he was also a generous philanthropist. His legacy in the world of golf is still remembered today, with three Masters Titles and several other tournaments wins to his name.

Frequently Asked Questions

How much was Jimmy Demaret worth at the time of his death?

Jimmy Demaret was estimated to be worth around $1.5 million at the time of his death in 1983.

How many Masters titles did gr Demaret win?

Jimmy Demaret won three Masters titles in 1940, 1947, and 1950.

What were Jimmy Demaret's off-course ventures?

Jimmy Demaret was involved in a variety of off-course endeavors, including TV appearances and business ventures in real estate, oil, and gas.

What luxury vehicles did Jimmy Demaret own?

Jimmy Demaret owned several luxury vehicles, including a Cadillac Eldorado, a Lincoln Continental, and a Rolls Royce.

Was Jimmy Demaret involved in philanthropic activities?

Yes, Jimmy Demaret was a generous philanthropist and was involved in several charitable causes, including the Jimmy Fund, a charity that supports cancer research and care.