Nathaniel Crosby Net Worth- How Rich is Bing Crosby’s Golfer Son?

3 Key Takeaways

  1. Nathaniel Crosby has a net worth of $20 million as of now.
  2. He is the son of Legendary Entertainer Bing Crosby.
  3. Nathaniel is a professional golfer and founded many companies and golf clubs.

Nathaniel Crosby’s net worth is estimated at $20 million as of 2025. This figure stems from his successful career as a professional golfer, real estate investments, and family inheritance.

Best known for winning the 1981 U.S. Amateur Championship and competing in prestigious tournaments like the Masters, Nathaniel later transitioned into leadership roles such as captain of the U.S. Walker Cup team. Beyond the golf course, he founded the AppleTree Management Group and invested in properties and golf-related businesses, particularly in California and Florida.

Nathaniel Crosby attended the University of Miami, where he played for the university’s golf team. During his time there, he won the 1981 U.S. Amateur Championship at just 19 years old, making him the third-youngest winner in the tournament’s history.

While Crosby’s net worth is modest compared to top PGA professionals, it is notable among former amateur champions who transitioned into business careers.

Nathaniel Crosby is married to Sheila Crosby, and they have six children: four from his first marriage and two from hers.

Who is Nathaniel Crosby?

Nathaniel Crosby is an accomplished golfer, businessman, and the son of legendary entertainer Bing Crosby. Born on October 29, 1961, in Hillsborough, California, Nathaniel carved his own identity in the sports world despite his famous lineage.

Who is Nathaniel Crosby

His career includes winning the 1981 U.S. Amateur championship and competing in the 1982 Masters Tournament. Nathaniel served as the captain of the U.S. Walker Cup team in 2019 and 2021, demonstrating his continued involvement in golf at the highest levels.

What is Nathaniel Crosby’s Net Worth Today?

Nathaniel Crosby’s current net worth is around $20 million. His wealth consists of diverse assets and income sources accumulated throughout his professional career.

His financial portfolio includes:

  • Real Estate Holdings: Properties in Florida and California valued at approximately $2-3 million
  • Golf Course Investments: Partial ownership in golf facilities and related ventures
  • Business Ventures: Founder of AppleTree management group and involvement in other golf-related businesses
  • Family Inheritance: Portion of his father Bing Crosby’s estate
  • Speaking Engagements: Income from appearances at golf events and corporate functions
  • Tournament Winnings: Career prize money from his competitive golf days amounts to approximately $500,000

What are the Sources of Nathaniel Crosby’s Wealth?

Professional Golf Career

Nathaniel’s primary wealth foundation stems from his accomplishments in professional golf. His victory in the 1981 U.S. Amateur Championship opened doors to prestigious tournaments and endorsement opportunities. This achievement launched his professional standing in the golf world and provided the platform for his subsequent business ventures.

Business Enterprises

Nathaniel leveraged his golf expertise to establish successful businesses in the industry. His founding of AppleTree management group demonstrated his entrepreneurial skills, allowing him to capitalize on the growing golf management sector throughout the 1990s and 2000s. These business operations contributed significantly to his wealth accumulation over decades.

Real Estate Investments

Strategic property acquisitions form a substantial portion of Nathaniel’s asset portfolio. His investments focus primarily on properties in golf-centric communities, particularly in Florida and California. These real estate holdings have appreciated considerably over time, enhancing his overall net worth.

Nathaniel Crosby’s Early Life, Education and its Impact on Career

Nathaniel Crosby grew up in an environment of privilege and celebrity as the son of entertainment icon Bing Crosby and actress Kathryn Grant. His childhood experiences included exposure to the elite worlds of entertainment and professional golf through his father’s connections and interests.

His educational path took him to the University of Miami, where he balanced academic studies with competitive golf. Nathaniel earned a business degree that provided fundamental knowledge for his later entrepreneurial ventures. The university’s strong golf program allowed him to develop his skills alongside academic pursuits, creating a balanced foundation for his future.

This combination of privileged upbringing and formal education shaped Nathaniel’s career trajectory significantly. His father’s establishment of the famous Crosby Clambake golf tournament (now the AT&T Pebble Beach Pro-Am) created an early connection to the business side of golf.

Nathaniel Crosby’s Golfing Career and Its Contribution to his Net Worth

Nathaniel Crosby gained significant attention in his amateur golfing days. He was the 1981 U.S. Amateur Champion, which marked him as one of the prominent figures in American amateur golf. His victory at the U.S. Amateur made him the youngest winner of the prestigious tournament at the time. 

Nathaniyel Crosby Championship in different golf tournament

Additionally, Crosby also won the 1982 Porter Cup and was part of the U.S. team that won the Eisenhower Trophy (World Amateur Team Championship) in 1982. Crosby’s achievements extended to the 1983 Walker Cup, where he played an instrumental role in securing a victory for the U.S. team.

After turning professional in 1984, Crosby competed on the European Tour from 1985 to 1987. While he enjoyed some success, with his best finish being third place at the 1985 Portuguese Open, Crosby struggled to achieve consistent results on tour. This led to a loss of his tour card, and he subsequently returned to amateur status in 1994.

His professional golf career may not have reached the heights of some of his peers, but Crosby’s contributions to amateur golf continued. He went on to serve as the non-playing captain for the U.S. Walker Cup teams in 2019 and 2021, continuing his involvement in the sport at a leadership level.

How Does Nathaniel Crosby’s Net Worth Compare to Other Former Golf Champions?

Nathaniel Crosby's Net Worth Compare to Other Former Golf Champions - visual selection

Nathaniel’s $20 million net worth positions him in the mid-tier range among former amateur champions who transitioned to business careers. 

This comparison demonstrates:

  • PGA Tour Professionals: Top career professionals like Tiger Woods ($800+ million), Phil Mickelson ($400+ million), and Jack Nicklaus ($320+ million) accumulated significantly larger fortunes through decades of prize money, major endorsements, and business ventures.
  • Amateur Champions: Former U.S. Amateur champions who primarily pursued business careers typically report net worths between $3-15 million, placing Nathaniel within the expected range for his competitive achievements and subsequent career path.
  • Golf Industry Executives: Executives and entrepreneurs in the golf industry without professional playing careers typically report net worths of $2-10 million, indicating Nathaniel’s successful leverage of his playing credentials into business opportunities.

Nathiel Crosby Family

Nathaniel Crosby comes from a distinguished family, with his father being the legendary Bing Crosby, a world-famous singer, actor, and one of the best-selling music artists in history. His mother, Kathryn Grant Crosby, is an actress who appeared in a number of films and television shows. Together, they played a significant role in shaping Nathaniel’s upbringing.

Nathaniel Crosby’s Parents

Nathaniel Crosby and his father Bing Crosby

Bing Crosby (Father): Bing Crosby was a major figure in the entertainment world during the 20th century, with a career spanning music, radio, and film. He is perhaps most famous for his timeless song “White Christmas.” Despite his father’s fame, Nathaniel chose to pursue golf professionally, marking a departure from the entertainment industry his father dominated. Bing’s love for golf also influenced Nathaniel’s interest in the sport.

Learn more about Bing Crosby’s Net Worth

Nathaniel Crosby with his mother Kathryn Grant Crosby

Kathryn Grant Crosby (Mother): Kathryn Grant Crosby, a former actress, married Bing Crosby in 1957. She is the mother of Nathaniel and his siblings. She was instrumental in raising Nathaniel and his siblings, offering them a sense of balance and grounding, even in the midst of their father’s high-profile career.

Learn more about Kathryn Crosby net worth

Nathaniel Crosby’s Siblings

Nathaniel Crosby Siblings

Nathaniel Crosby has two siblings from his parents’ marriage. Here, siblings is considered the sister and brother from his own mother.

  • Harry Crosby (Brother): Harry is Nathaniel’s brother. While not as publicly visible in the entertainment world, Harry has stayed out of the spotlight compared to his famous family members. If you are interested, learn Harry Crosby’s net worth here.
  • Mary Crosby (Sister): Mary Crosby, Nathaniel’s sister, gained significant fame for her role in the iconic television series “Dallas,” where she portrayed the character of Kristin Shepard. Learn more about Mary Crosby Net Worth here.

Nathaniel Crosby’s Wife

Nathaniel Crosby has been married twice, though details about his current wife are relatively private. He has managed to keep much of his personal life away from the public eye. His first marriage was to Janet Crosby, and he later remarried. His current wife’s name has not been widely publicized, as Nathaniel prefers to maintain a level of privacy about his personal life.

Nathaniel Crosby’s Children

Nathaniel Crosby is a father to six children. While he has shared little about his children publicly, it is known that they are an important part of his life, and Nathaniel continues to be involved in both their lives and his business ventures.

Author

  • Nafisa Anjum

    Nafisa Anjum is the finance and wealth reporter on Minted Moola. She is currently pursuing a Bachelor of Business Administration in Finance at CIU (Chittagong Independent University) and ACCA (Association of Certified Chartered Accountants) at PSB (Professional School of Business). She is interested in wealth, assets, economics, and finance.

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