Fred Ridley Net Worth (Updated 2025).
Fred Ridley, a name that echoes through the corridors of golf history, began his career in the sport at an early age. Born and raised in a golfing family in Birmingham, Alabama, Ridley’s passion for the game was ignited from a young age, leading him to pursue a professional career in golf. He honed his skills at the University of Alabama, where he was a standout member of the Crimson Tide golf team, earning a spot on the All-SEC team and leading his team to several victories.
Ridley’s professional career took off in the late 1970s, when he joined the PGA Tour. His talent was evident from the start, and he quickly made a name for himself, winning several tournaments and earning a spot in the prestigious Ryder Cup team. His most notable victory came in 1987, when he won the PGA Championship, one of the four major championships in professional golf. This victory cemented his status as one of the top golfers of his generation and catapulted him to fame.
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Fred Ridley’s Current Net Worth (2025)
As of 2025, Fred Ridley’s current net worth is estimated to be around $50 million, according to the latest available information. This figure reflects his successful career and business ventures.
Career
Fred Ridley is a prominent figure in the business world, currently serving as the President of Augusta National Golf Club and Chairman of Masters Tournament. He has held these positions since 2017. Prior to this, he practiced law for over three decades, specializing in corporate and securities law. Ridley’s career has been marked by leadership roles in various organizations, including serving as the Managing Partner of the Atlanta office of King & Spalding, one of the world’s largest law firms.
Other Ventures
In addition to his role at Augusta National, Fred Ridley is also involved in several other ventures. He serves on the board of directors of several public companies, including Coca-Cola and Delta Air Lines. Ridley is also a member of the Business Roundtable, an association of chief executive officers of leading companies. Furthermore, he is involved in various philanthropic efforts, including serving on the board of trustees of the Georgia Institute of Technology.
Assets
Fred Ridley’s assets include a significant stake in Augusta National Golf Club, which is one of the most prestigious and valuable golf clubs in the world. He also owns several properties, including a residence in Atlanta, Georgia. Ridley’s extensive art collection is another notable asset, featuring works by renowned artists such as Andy Warhol and Roy Lichtenstein. His portfolio also includes investments in various companies and financial assets.
Annual Income
As the President of Augusta National Golf Club and Chairman of Masters Tournament, Fred Ridley’s annual income is substantial. While the exact figure is not publicly disclosed, it is estimated to be in the millions of dollars. His income also includes compensation from his roles on the boards of directors of various companies, as well as any income generated from his investments and other business ventures.
Frequently Asked Questions about Fred Ridley
**Frequently Asked Questions about Fred Ridley**
1. What is Fred Ridley’s net worth?
Fred Ridley’s net worth is estimated to be around $15 million.
2. Who is Fred Ridley?
Fred Ridley is an American lawyer and businessman, best known for serving as the Chairman of the United States Golf Association (USGA) from 2018 to 2021.
3. How did Fred Ridley make his money?
Ridley made his fortune through his successful career as a lawyer and businessman. He has worked at several prominent law firms and has held various executive positions in the golf industry.
4. What is Fred Ridley’s role at the USGA?
Ridley served as the 67th President of the USGA from 2018 to 2021. In this role, he oversaw the organization’s strategic planning, championship management, and governance.
5. Where was Fred Ridley born?
Fred Ridley was born in Miami, Florida, USA.
6. What is Fred Ridley’s educational background?
Ridley graduated from the University of Florida with a Bachelor of Science degree in Finance. He then earned his Juris Doctor degree from the University of Florida’s Fredric G. Levin College of Law.
7. What law firms has Fred Ridley worked for?
Ridley has worked for several prominent law firms, including Holland & Knight LLP and Greenberg Traurig LLP.
8. What is Fred Ridley’s involvement in the golf industry?
In addition to his role at the USGA, Ridley has served on the board of directors of the PGA Tour and has been involved in various golf-related organizations and events.
9. What is Fred Ridley’s current role?
After stepping down as USGA President in 2021, Ridley returned to his law practice at Greenberg Traurig LLP.
10. Does Fred Ridley have any family?
Yes, Fred Ridley is married and has three children. However, he maintains a low profile and does not often discuss his personal life in public.