Forbes.com is reporting that Tiger Woods has beat out Michael Jordan and Michael Schumacher to first athlete to reach $1 billion in earnings.

“Forbes has been tracking athlete earnings since before Tiger turned pro,” Forbes.com wrote.” Woods had earned a cumulative $895 million going into 2009, by our estimates, from prize money, appearance fees, endorsements, bonuses and his golf course design business. If you add his $10.5 million in 2009 prize money, the FedEx bonus and his take so far this year from his more than $100 million in annual off-the-course earnings, Woods’ career earnings are now 10 figures.”

It’s official. Tiger Woods wipes his ass with $1000 bills.