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  2. $1 billion
    • According to 2 sources
    Forbes magazine estimated his net worth at $1 billion.
    McCormack was named one of the 10 most powerful people in sports last December by the Sporting News. In 1990, Sports Illustrated described him as "the most powerful man in sports." Forbes magazine estimated his net worth at more than $1 billion last year.
     
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    Mark Hume McCormack (November 6, 1930 – May 16, 2003) was an American lawyer, sports agent and writer. He was the founder and chairman of International Management Group, now IMG, an international management organization serving sports figures and celebrities. See more

    After his Army discharge, McCormack worked as an attorney at the Cleveland law firm, Arter & Hadden. In the 1950s he helped organize one-day golf exhibitions for professionals around the United States. In 1960, … See more

    The system used to calculate Mark McCormack's world golf rankings was adapted in 1986 to become the Official World Golf Ranking system, with McCormack chairing … See more

    • Arnie: The Evolution of a Legend, New York: Simon & Schuster (1967)
    • What They Don't Teach You at Harvard Business School: … See more

    November 6, 1930
    Mark Hume McCormack was born.
    1950s
    McCormack helped organize one-day golf exhibitions for professionals around the United States.
    1960
    McCormack founded IMG.
    1967
    McCormack published The World of Professional Golf, first published in 1967, included an (unofficial) world ranking system.
    1984
    McCormack published What They Don't Teach You at Harvard Business School.
    1986
    McCormack adapted the system used to calculate his world golf rankings to become the Official World Golf Ranking system, with McCormack chairing the rankings committee made up of representatives from all the major golf tours. McCormack met his second wife Betsy Nagelsen-McCormack, a two-time Australian Open doubles champion and a Wimbledon doubles finalist, while she was a business client. They married in 1986.
    May 16, 2003
    McCormack died at a New York hospital on May 16, 2003, age 72, from complications after suffering a cardiac event four months earlier that left him in a coma.
    July 2006
    McCormack was selected for induction into the World Golf Hall of Fame in the lifetime achievement category, and he was inducted in October 2006.
    January 23, 2008
    McCormack was inducted into the International Tennis Hall of Fame.
    1990
    McCormack was named the "Most Powerful Man in Sports" by Sporting News.

    McCormack died at a New York hospital on May 16, 2003, age 72, from complications after suffering a cardiac event four months … See more

    In July 2006 McCormack was selected for induction into the World Golf Hall of Fame in the lifetime achievement category, and he was inducted in October 2006. On January 23, 2008, he was also inducted into the International Tennis Hall of Fame. He was featured as … See more

     
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  5. Mark H. McCormack, 72, Pioneer of Sports Marketing

  6. 10 Years Later: Remembering Late IMG Founder …

    WEBMay 16, 2013 · Starting with the golfer ARNOLD PALMER, McCormack changed that. ... Palmer, his first full-time client, saw his annual income of $50,000 rise to $500,000 within three years and eventually to more than …

  7. Mark R Mccormack Net Worth (2024) - GuruFocus.com

  8. WEBIn 1990, Sports Illustrated named Mark Hume McCormack the “Most Powerful Man In Sport.” By the time his dealings in the tennis world had ended, Tennis Magazine called him the “Most Powerful Man In Tennis.” …

  9. Pioneering Agent McCormack Dies - The Washington Post

  10. WEBExtensive Interview from Golf Digest in June, 1998 Mark McCormack: The Visionary 1930-2003 from Sports Illustrated, May 2003 Mark H. McCormack, 72, Pioneer of Sports Marketing, New York Times …

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