(Forbes) Through The Green: Fast-Growing Korean Private Equity Firm Takes A Big Swing At Golf
In 2020, when the pandemic shut down most sports, one old-fashioned sport saw a record number of new people taking up the game: Golf.
More than 3 million people in the U.S. played golf for the first time in 2020, according to the Florida-based National Golf Foundation. The previous record high was in 2000, when golfing great Tiger woods (who became a billionaire last year) was at the height of his popularity. And golfers played more rounds—some 60 million more—than they had the year before. Overall equipment sales also increased by 10% compared with 2019, per Golf Datatech.