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1 year ago
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Golf legend Greg Norman has opened up about the secrets to his multi-million dollar business empire, who his role models are and if former US President Donald Trump inspired his success.
The golf icon turned business tycoon was recently in Sydney to launch Norman Estates - a exclusive residential community in Glenwood Hills.
In partnership with developer Sekisui House, the Glenswood Hills development is the Great White Shark's first luxury housing estate in Australia.
After flying in on a chopper and touring the estate, Norman told The Daily Telegraph that he realised he could have huge success in the business world while he was still one of the world's top pro golfers.
'I recognised I could put bums on seats because I could hit a white ball from point A to point B,' he said.
Norman (pictured with wife Kirsten Kutner) revealed that he realised he could make a fortune in the business world while he was still playing golf
The golf icon turned business tycoon has a a personal empire worth more than $400million
'I recognised people would turn on TV screens to watch me play golf. That means people were following me. I was lucky enough to get a logo attached to me in the early '80s, the shark logo, and it became globally recognised.'
Norman has built a multi-million dollar empire that spans across various businesses and includes apparel, course design, restaurants, wine and real estate.
He is also the CEO and commissioner of the Saudi-backed LIV Golf league.
Norman admits to being lucky throughout his career, and says his advice to his kids is to 'find something that the masses want'.
'There is virgin space out there, you just have to identify it, write a business model around it and execute on it,' he said.
'Fortunately I have done a few of those things successfully.'
However, Norman dismissed any suggestion that his friend Donald Trump inspired his success in business.
'Not at all,' he said before explaining that his role models are retired professional auto racing driver and businessman Roger Penske, and former boss of General Electric, Jack Welch.
Norman says his longtime friend Donald Trump (pictured together in July 2022) did not inspire his success in business
Norman says his advice to his kids was to 'find something that the masses want'
'[Jack Welsh] took two letters and made it a global brand and he didn't graduate from college,' Norman said.
The golfing Hall of Famer has been involved in worldwide real estate developments for 25 years, but says he wanted to create a new product that 'differentiated itself'.
'I have done that successfully in other parts of the world, America, Asia the Middle East and I wanted to do it here in Australia,' he said.
Norman is considered to be one of the most successful golfers to take up the club.
He spent 331 weeks as the world's No.1 ranked golfer in the 1980s and 1990s.
He has won 89 professional tournaments, including 20 PGA Tour tournaments and two majors: the Open Championships in 1986 and 1993.
Norman has two children and has been married to interior designer Kirsten 'Kiki' Kutner since 2010.
English (US)