Tiger Woods may have had to pay an estimated $100-million in his divorce settlement but, by the looks of things, that heft sum barely registered a dent in his substantial bank balance.

According to the Daily Mail, the golfer, who divorced on August 23, is kick-starting his single life by moving into a luxurious ocean front estate in Florida. Tiger's new pad, on the ultra exclusive Jupiter Island, comes with its own backyard golf course, and is valued at over $50-million.

Woods had already set his sights on the property in January, 2006, paying $40-million and surprising locals by tearing down the original house.


Woods and his ex-wife Elin Nordegren divorced on August 23. Mortgage papers for his new home were dated August 25.

Despite a disappointing season on the golf course, Woods is still ranked number one in his sport. In July, this year, Forbes announced him as the richest sportsman in the world, earning a reported $105m in the past year.