Golf is a sport chosen by many wealthy individuals as it represents “status,” requires minimal physical exertion, is safe, and offers opportunities for business networking.
Reasons Why Wealthy People Enjoy Playing Golf
High Costs
Golf Equipment.
To join the sport of golf, players need to learn and hire a coach, which can cost around $1,000 per session. Additionally, golf attire and equipment are quite expensive. A set of golf clubs can cost players several thousand dollars. When on the course, players also incur various fees such as course rental (around $100), cart rental ($50), and tips for staff.
Golf Affirms “Status”
Due to its high costs compared to other sports, playing golf automatically associates you with being “wealthy.” Many golfers are not necessarily passionate about the game but wish to showcase their “status.” At some high-end golf clubs, only those who are truly affluent can qualify for membership.
Golf Creates Networking Opportunities Among the Wealthy
Golf clubs often consist of affluent players such as entrepreneurs, politicians, and celebrities. Wealthy individuals prefer to be surrounded by like-minded people. Golf facilitates connections, allowing them to discuss business and potentially collaborate.
Golf Provides Entertainment and Stress Relief
Former U.S. President Donald Trump on the golf course. (Photo: New York Times)
Wealthy individuals also face significant work-related pressure, often more than others. By focusing on hitting the ball into the hole and interacting with fellow players, they can set aside those pressures. Notably, making great shots and scoring well can provide excitement comparable to soccer players scoring goals.
Wealthy Individuals Have Time
Many wealthy people play golf simply because they have the time to do so. Those who work regular hours find it challenging to visit a golf course during the day or travel around to play. Wealthy individuals typically have flexible schedules, allowing them to arrange their work around golfing.
Golf Does Not Require Excessive Physical Strength
Wealthy individuals primarily engage in intellectual work, spending long hours in meetings and at desks, leaving little time for physical activity. Golf provides them with an opportunity to exercise without being overly strenuous. At the course, they have assistance carrying their gear and primarily move around in golf carts, enabling even those aged 60-70 to participate in the sport.
Golf is a Safe Sport
Unlike many sports that involve direct competition, golf has a very low risk of injury. Players can enjoy the game without worrying about sustaining injuries that could affect their work afterward.