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☆ Welcome to the Masters, a staple of the billionaire's social calendar
▼ + stars: | 2024-04-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're doing a deep dive into the golf tournament at one of the most exclusive clubs in the world . Mike Ehrmann/Getty ImagesHarvard University alumni, Goldman Sachs partners, Birkin bag owners — those exclusive groups are nothing compared to an Augusta National Golf Course membership. The Masters Tournament, the first of four men's major golf tournaments, kicks off today , write Business Insider's Madeline Berg and Taylor Rains. Since it's almost impossible to check out Augusta National otherwise, the Masters has become a staple of the billionaire's social calendar. Augusta National runs a lottery system for them.

Persons: —, Mike Ehrmann, Goldman Sachs, Birkin, Madeline Berg, Taylor, it's, Cork Gaines, aren't, Joe Ciolli, didn't, Chelsea Jia Feng, Bill Smead, Brad Porter, Elon Musk's, Y, Paul Graham, Alyssa Powell, Larry Ellison, David Ellison, Larry Ellison's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Getty Images Harvard University, Augusta, Waste, bros, Augusta National, Renaissance Technologies, Sigma, Robotics, Amazon Robotics, xAI, Paramount, Oracle, Google, JPMorgan, SpaceX Locations: Augusta, swag, Chelsea, D.E, Shaw's Valence, New York, London

☆ Billionaire golf fans' favorite tournament, the Masters, kicks off this week in Augusta
▼ + stars: | 2024-04-10 | by ( Madeline Berg | Taylor Rains | ) www.businessinsider.com time to read: +7 min

The Masters Tournament begins this week at Augusta National Golf Club. That's thanks to the Masters Tournament, the first in an annual run of major professional golf championships and a favorite of the superrich. Former Secretary of State Condoleezza Rice became one of the first women to join Augusta National in 2012. But if you're not a member, you're not invited by a member, you're not getting on Augusta National." The names of Augusta National members are kept confidential, though their green jackets are a tell.

Persons: Warren Buffett, Bill Gates, —, Dirk Ziff, Stanley Druckenmiller —, Barnabas Carrega, Carrega, State Condoleezza Rice, Timothy A, Clary, weren't, Darla Dee Moore, Richard Rainwater, Augusta National's, Billy Casper, Horton Smith, Jamie Squire, Phil Knight —, Robert Rowling, Herbert Allen Jr, David Duffield, Ernest Garcia, Greg Mondre, Garth Brooks, Luke Bryan, Rory McIlroy, Tiger Woods, that's Organizations: Augusta National Golf, Private, Service, Michelin, Golf, Bloomberg, State, Augusta National, Getty, Augusta, Augusta Regional Airport, Nike, reselling, Ticketmaster Locations: Augusta , Georgia, Augusta, Georgia, United States, Carvana

☆ Sorenstam surprised by invite to join Augusta National membership
▼ + stars: | 2023-11-01 | by ( Frank Pingue | ) www.reuters.com time to read: +2 min

Dec 18, 2022; Orlando, Florida, USA; Annika Sorenstam Walks up to the fourth tee box during the final round of the PNC Championship golf tournament at Ritz Carlton Golf Club Grande Lakes Orlando Course. Mandatory Credit: Reinhold Matay-USA TODAY Sports/File Photo Acquire Licensing RightsNov 1 (Reuters) - Swedish golfing great Annika Sorenstam said on Wednesday she was surprised by the recent invitation for her to join the renowned Augusta National Golf Club and called it one of the happiest days of her life. Sorenstam, a 10-times major champion who has won 90 titles worldwide, is the first LPGA professional to become a member at the exclusive Augusta, Georgia-based golf club that has been home of the Masters since 1934. I'm extremely honored," Sorenstam told reporters ahead of her namesake event on the LPGA Tour taking place next week in Belleair, Florida. King made no secret about what impact she hopes Sorenstam can have at Augusta National, which in 2019 began hosting the Augusta National Women's Amateur.

Persons: Annika Sorenstam, Reinhold Matay, State Condoleezza Rice, Darla Moore, Augusta, Sorenstam, Billie Jean King, Lyn St, James, Gainbridge, I'm, King, Frank Pingue, Toby Davis Organizations: PNC Championship, Ritz Carlton Golf Club, Augusta National Golf Club, Former U.S, State, LPGA, Billie Jean King Cup, Women, Motorsports, Hall of Fame, Augusta National, Thomson Locations: Orlando , Florida, USA, Ritz Carlton Golf Club Grande, Swedish, Augusta , Georgia, Belleair , Florida, Motorsports North America, Toronto

☆ The owner of a 1,900-square-foot house next to the Masters golf course kept turning down millions of dollars to sell
▼ + stars: | 2023-06-14 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

"We really don't want to go," Elizabeth Thacker told NJ.com in 2016. Here is a view of the house from Google Street View, with Augusta National in the background. It's like the Martians have landed," Pirample told Golf Digest. One woman, who initially told Augusta National she wanted to stay in the house until she died but eventually sold, agreed about the lights and noise. "I could do without the lights and the generators and all the noise," Kittie Baker told Golf Digest.

Persons: —, Steve Politi, Thacker, Stanley Dr, Augusta, Herman, Elizabeth Thacker didn't, Elizabeth Thacker, NJ.com, Graig, Elizabeth, Peter Larson, Politi, William Hatcher, Hatcher, John Pirample, Pirample, Kittie Baker, Herman Thacker's, Jerry Thacker, Herman Thacker, Scott Brown, Sarah Stier, Emmett Knowlton Organizations: Augusta National, Service, Golf Club, Street, Google, Summer House Realty, Augusta, Golf, PGA, Masters Locations: Georgia, Herman

☆ The owners of a 1,900 square foot house next to the Masters golf course keep turning down millions of dollars to sell
▼ + stars: | 2023-06-11 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

Augusta National has spent $200 million buying up property around the course for two decades. According to The Wall Street Journal, Augusta National spent over $200 million purchasing over 100 properties covering 270 acres since 1999. Here is a view of the house from Google Street View, with Augusta National in the background. It's like the Martians have landed," Pirample told Golf Digest. "I could do without the lights and the generators and all the noise," Kittie Baker told Golf Digest.

Persons: —, Steve Politi, Thacker, Stanley Dr, Augusta National's, Herman, Elizabeth Thacker don't, Elizabeth Thacker, NJ.com, Elizabeth, Graig, Peter Larson, Politi, Herman Thatcher's, William Thatcher, Hatcher, John Pirample, William Thatcher's, Pirample, Kittie Baker, Thatcher, hasn't, we're, Scott Brown, Sarah Stier, Emmett Knowlton Organizations: Augusta National, Service, Augusta National Golf Club, Wall Street, Independent, Google, Summer House Realty, Augusta, Golf, Masters Locations: Georgia

☆ Koepka extends Masters lead before round three suspended due to rain
▼ + stars: | 2023-04-08 | by ( Frank Pingue | ) www.reuters.com time to read: +5 min

[1/8] Golf - The Masters - Augusta National Golf Club - Augusta, Georgia, U.S. - April 8, 2023 Brooks Koepka of the U.S. after playing out from a bunker on the 7th hole during the third round REUTERS/Jonathan ErnstSummary Play to resume Sunday at 8:30 a.m. It marked the second consecutive day that rain interrupted play at the year's first major as 39 golfers returned early on Saturday to complete their second round. Play will resume Sunday at 8:30 a.m ET followed by the final round starting at 12:30 p.m. "I'm pretty sure I'll be up for it considering it is the Masters. Reporting by Frank Pingue in Augusta, Georgia; Editing by Ken Ferris, Pritha Sarkar and Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ Pine trees fall near Masters patrons, nobody injured
▼ + stars: | 2023-04-07 | by ( Frank Pingue | ) www.reuters.com time to read: +2 min

Augusta National Golf Club said nobody was injured from the trees that fell down as breezy northeasterly winds ushered in colder conditions. Threatening weather forced officials to suspend play for a second time at 4:22 p.m. "The safety and well-being of everyone attending the Masters Tournament will always be the top priority of the club," Augusta National Golf Club said in a statement. Moments after the two trees came down under darkening skies, there were several crew members on sight cleaning up the debris. Many of the pines found in the original forested part of Augusta National are over 150 years old while many others were planted when the course was built.

☆ Koepka storms into Masters lead
▼ + stars: | 2023-04-07 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

Koepka, who shared the overnight lead with Norway's Viktor Hovland and Spain's Jon Rahm, returned a spotless five-under 67 to set a 12-under target for the afternoon wave that headed out under menacing skies. Resurgent Jason Day had looked poised to challenge Koepka until he stumbled to a double-bogey, bogey, par, bogey finish for a disappointing 72 that put the Australian in the clubhouse seven behind. While Rahm, winner of three events already this season, was always expected to contend at the year's first major, Koepka was not. "I just take it one shot at a time, one hole at a time, whatever I got in front of me," said Koepka. As Koepka was putting the finishing touches on his round, five-time Masters champion Tiger Woods was teeing off.

☆ Take a tour of Augusta National's gorgeous pro shop, the only place where you can buy official Masters merchandise
▼ + stars: | 2023-04-06 | by ( Tyler Lauletta | ) www.businessinsider.com time to read: 1 min

A decorated hallway guides patrons into the store. In the old shop, long lines were a problem, with patrons in many cases left waiting outside in the elements for some time before there was even room to enter the store. Now, there is space for lines inside the building, with installations that tell the story of Augusta National in place to help engage the attention of those who wait.

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