What is Fred Ridley’s net worth?
Fred Ridley is an American amateur golfer who has a net worth of $2 million. He became chairman of the Augusta National Golf Club in 2017 and won the United States Amateur Championship in 1975.
He was born on August 16, 1952, in Lakeland, Florida, making him a Leo.
He attended Winter Haven High School in Winter Haven, Florida, and then went on to attend the University of Florida in Gainesville, Florida.
While he was at the University of Florida, Fred Ridley played for the Florida Gators men’s golf team, which was coached by Buster Bishop.
In 1974, Fred Ridley graduated from the University of Florida’s College of Business Administration with a bachelor’s degree in marketing.
Golfing Career
Fred Ridley of the USA during the 42nd Masters Tournament at Augusta National Golf Club on April 6, 1978 in Augusta – @Getty
Fred Ridley had his first golfing victory in 1975 when he won the leading American amateur golf tournament, the United States Amateur Championship at the Country Club of Virginia in Richmond, Virginia.
By the end of 1975, Fred Ridley was rated as the second-best amateur golf player in the United States by the golf magazine Golf Digest.
In 1976, Fred Ridley won the Monroe Invitational Championship, an annual amateur golf tournament in New York.
He also competed in the 1976 Open Championship in Southport, England, later the same year.
Ridley also participated in the 1976 Eisenhower Trophy as a member of the United States’ team. Later in the year, he was ranked as the tenth-best amateur golf player in the United States by Golf Digest.
@Getty
In 1977, Fred Ridley competed in the British Amateur Championship, a golf tournament held annually in the United Kingdom.
He also competed in the 1977 Walker Cup at Shinnecock Hills Golf Club, Southampton, New York, where he won two singles matches against Sandy Lyle and lost a foursomes match.
Despite his numerous successes, Fred Ridley never became a professional golfer and remains the only United States Amateur Championship winner to have never become a professional golfer.
However, Fred Ridley continued to participate in amateur golfing events and competed in the 1987 British Amateur Championship.
He was also the captain of the United States team at the 1987 and 1989 Walker Cups and the 2010 Eisenhower Trophy.
President of the USGA
@Getty
In 2004, Fred Ridley was elected president of the United States Golf Association (USGA).
In addition to this, he had also previously been elected as a member of the executive board, treasurer, and vice president of the USGA, and had also served as the chairman of the USGA’s Championship Committee, Amateur Status and Conduct Committee, and International Team Selection Committee.
He also served as co-chairman of the International Golf Federation and competition committee chairman for the 2011 Masters Tournament.
Fred Ridley is a member of the Augusta National Golf Club and succeeded Billy Payne as chairman of the club in 2017. ”I stand ready to embrace the responsibilities that come with this important position,” Ridley said in a press release.
READ MORE: Who is Andre Ingram’s wife?
Law Career
Fred Ridley presents the induction crystal to Billy Payne during the World Golf Hall of Fame induction ceremony – @Getty
From 1974 to 1977, Fred Ridley was a law student at the Stetson University College of Law in Gulfport, Florida.
In 1977, he graduated with a Juris Doctor degree in Law.
Fred currently works as a commercial real estate lawyer in Tampa, Florida.
He is a partner in the international law firm Foley & Lardner LLP and specializes in commercial real estate finance and development, planned unit development, resort development, and multifamily and condominium development.
Ridley is a member of the Hospitality & Leisure (former co-chair) and Sports Industry Teams, and a member of the Transactions Practice. He also is a former member of the firm’s Management Committee.
Since 2018, Fred Ridley has also been an Independent Director of Starwood Property Trust Inc.
Between 2004 and 2021, Fred Ridley has been recognized by Chambers USA: America’s Leading Business Lawyers.
@Getty
In 2010 and 2013 – 2016, he was recognized by The Legal 500 in the area of real estate.
He was also named the Best Lawyers 2021 Leisure and Hospitality Law “Lawyer of the Year” in Tampa.
READ MORE: Malik Beasley Net Worth
Wife
Fred Ridley is married to his wife Elizabeth Herndon Ridley, with whom he lives in Tampa, Florida.
The couple has three daughters named Maggie Ridley, Elizabeth Ridley Lifsey, and Sydney Ridley.
Fred Ridley speaking during the Green Jacket Ceremony after winning the 2023 Masters Tournament at Augusta National – @Getty
Net Worth
So, how much is Fred Ridley worth?
Ridley earned most of his wealth from working as a partner at Foley & Lardner LLP.
Fred is also a member of the exclusive Augusta National Golf Club club, which is made up of the wealthiest, most powerful businessmen in the world. His annual salary as chairman of the club is over $300,000.
Therefore, American golf administrator Fred Ridley has an estimated net worth of $2 million.
READ THIS NEXT: Who is Ryan Shazier?
I am Bulgarea Candin Stefan, and I founded FamousPeopleToday.com in 2018. I’m using my bachelor’s degree in economics and 9 years of experience in blogging to guide millions of people through the incredibly complex world of celebrity net worths.