Report: Phil Mickelson quietly spending fortunes to make $100m dream a reality!

A report by The New York Post has revealed the vast sums Phil Mickelson has been spending over two decades to build his dream home in California.

Ben Smith's picture
Wed, 14 Jun 2023
Report: Phil Mickelson quietly spending fortunes to make $100m dream a reality!

Six-time major champion Phil Mickelson has reportedly been spending his LIV Golf fortunes on acres of land to build his dream compound. 

According to the New York Post, the eventual cost of his luxury home in San Diego, California, will cost upwards of $100m. 

Mickelson, 52, recently claimed his net worth is approaching nearly one billion dollars. 

To the surprise of nobody, Mickelson was also recently named by Forbes as one of the richest golfers in 2023. Here's the full list

As for Mickelson, he now is said to own four properties in Rancho Santa Fe. 

The report by The Post has detailed how much Mickelson is alleged to have spent over the last two decades on the 20 acres of land. 

Mickelson is said to have:

  • Bought his first home in Rancho Santa Fe in 2001 for $6m
  • Spent $14.1 million on two properties in the area in 2005
  • Purchased another four-acre stretch of land for $3.4m in 2005
  • In 2020, shelled out another $25m on a four-bedroom, four-bathroom estate 
  • Has attempted to persuade estate owned by businessman Steven Black to sell up, but to no avail

Mickelson was one of the first highest-profile players to make the switch to the rival golf league last June with the likes of Dustin Johnson, Bryson DeChambeau and Brooks Koepka

After stepping away from the game for a few months over his infamous comments about working with the Saudis, he all-but confirmed he agreed a $200m deal to join LIV Golf

Mickeslon was once again in the headlines last week when it was confirmed the PGA Tour had struck a deal with LIV Golf's Saudi backers. 

He was gleeful in the immediate aftermath of the news. 

The surprise merger could potentially provide a pathway for him to return to play in PGA Tour events one day. 

Mickelson was one of 11 players who were banned by PGA Tour commissioner Jay Monahan in 2022. 

His suspension from the tour where he has won 45 times sparked a protracted legal battle. 

The proposal between the PGA Tour and PIF came with the agreement to end all litigation. 

The report by The Post comes as Mickelson is also facing fresh legal problems.

His HyFlyers LIV team have been accused of copying the 20-year-old logo of a skateboarding and lifestyle apparel brand. 

Read more about that here

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