Topgolf, a global sports entertainment company, was founded in 2000 by Steve Wynn and Dave Barrett. The concept was born out of a desire to create a fun, social atmosphere where people could enjoy golf regardless of their skill level. The first Topgolf venue opened in Watford, England, offering a unique twist on the traditional driving range experience. Instead of simply hitting balls into a net, Topgolf’s technology tracks the flight path of each shot, scoring points based on accuracy and distance. This innovative approach quickly gained popularity, attracting both golf enthusiasts and casual players alike.

As the company expanded, it began to incorporate additional entertainment elements into its venues. Today, Topgolf locations feature full-service bars, restaurants, and private event spaces, making them popular destinations for corporate events, parties, and date nights. The company’s growth has been significant, with over 60 venues worldwide and plans for continued expansion. Topgolf’s success can be attributed to its ability to merge technology, entertainment, and sports, creating a unique and engaging experience that appeals to a wide audience.

Topgolf’s Current Net Worth (2025)

As of 2025, Topgolf’s estimated net worth is $4.5 billion. This figure reflects the company’s significant growth and success in the golf entertainment industry.

Career

Topgolf was founded in 2000 by Steve and Dave Jolliffe in the United Kingdom. The company introduced its signature golf game, Target Oriented Practice & Entertainment (TOPE), in 2005. It expanded to the United States in 2008 and has since grown to over 60 locations worldwide.

Other Ventures

In addition to its golf entertainment venues, Topgolf has expanded its offerings to include Topgolf Media, a digital platform for golf content, and Toptracer, a ball-tracing technology used in golf broadcasts and at Topgolf venues.

Assets

Topgolf’s assets include its extensive real estate holdings, comprising all its venue locations, as well as its intellectual property, including the TOPE game and Toptracer technology. The company also owns a significant amount of golf equipment and supplies used at its venues.

Annual Income

Topgolf’s annual revenue has been increasing steadily. In 2021, the company reported a revenue of $1.2 billion, a 30% increase from the previous year. This growth is attributed to the company’s expanding customer base and successful ventures in media and technology.

Frequently Asked Questions about  Top Golf

Frequently Asked Questions: Topgolf Net Worth

1. What is Topgolf’s net worth?

Topgolf’s net worth is estimated to be over $2 billion.

2. How many locations does Topgolf have?

As of 2021, Topgolf operates over 60 locations worldwide, with plans to expand further.

3. When was Topgolf founded?

Topgolf was founded in 2000 by Steve Jolliffe, Dave Jolliffe, and Carl Wolter.

4. Who is the CEO of Topgolf?

Dolf Berle is the current CEO of Topgolf, having taken over the position in 2018.

5. What is the average revenue per Topgolf location?

Each Topgolf location generates an average annual revenue of around $10 million.

6. How does Topgolf make money?

Topgolf generates revenue through bay rentals, food and beverage sales, membership fees, and event bookings.

7. Is Topgolf a public or private company?

Topgolf is a private company. It has received funding from several investors, including Callaway Golf Company and Fidelity Management & Research Company.

8. How has the COVID-19 pandemic affected Topgolf?

Like many businesses, Topgolf was impacted by the COVID-19 pandemic, with several locations temporarily closing. However, the company has since recovered and continued its expansion plans.

9. What is the average size of a Topgolf facility?

A Topgolf facility typically spans around 65,000 square feet, with three or four levels of hitting bays.

10. Does Topgolf offer any membership programs?

Yes, Topgolf offers a membership program called Topgolf PLUS, which provides members with exclusive benefits and perks, such as priority bay access and discounted game play.