Quick Facts

The former chairman of The Augusta National Golf Club is William Porter Payne. He held the same role from 2006 to 2017. Additionally, he was the first to oversee the admission of women to the club.

Additionally, he holds the titles of managing director of Gleacher & Company, vice chairman of WebMD, member of the board of directors of cousin’s properties and Lincoln National Corporation, as well as vice chairman of Premiere Global Services, Inc.

What is the net worth of Bill Payne?

The majority of Bill Payne’s wealth comes from his leadership of Augusta National Golf Club. From 2006 through 2017, Bill Payne worked in that capacity and was paid well for it.

Additionally, he serves as managing director of Gleacher & Company, vice chairman of WebMD, member of the boards of directors of cousin’s properties and Lincoln National Corporation, as well as vice chairman of Premiere Global Services, Inc. As of 2022, he is valued $2 million.

Payne will be remembered after retiring for becoming the first chairman of the Augusta National Golf Club to allow a woman membership.

When was Bill Payne born?

On October 13, 1947, in Athens, Georgia, the United States, William Porter Payne became Billy Payne. In 1996, he participated in sports for the University of Georgia. In 1969, he received an honors Bachelor of Arts in political science. After that, in 1973, he graduated from the School of Law with a law degree. Then, in 1991, Oglethorpe University awarded him an honorary Doctor of Laws degree.

What are the age, height, and weight of Bill Payne?

As of today, June 9, 2022, Bill Payne, who was born on October 13, 1947, is 74 years old. He is 90 kg in weight and 182 cm tall.

Career

Payne enlisted help from people all across the world in his quest to host the Olympics in Atlanta in 1987. Then he received private support and sponsors, as well as the support of the then-mayor Andrew Young. Much to his astonishment, Atlanta was chosen by the IOC to host the 1996 Olympics. He continued to lead the Atlanta Olympic Committee even after winning the bid.

On May 5, 2006, Payne succeeded Hootie Johnson as chairman of Augusta National Golf Club, the site of the Master’s Tournament. In October of the same year, Payne started working with the team at the beginning of the season.

Tiger Woods was blasted by Payne prior to that year’s Masters on April 7, 2010, asserting that he was an inadequate role model.

The subsequent year, Payne and his fellow Augusta National members added another contemporary element to their main golf event. In order to motivate upcoming golfers, they also approved the video game “Tiger Woods PGA Tour 12.” The non-profit foundation that supports young golfers would receive the proceeds from the video game’s sales.

Payne would resign as club chairman effective October 16, 2017, Augusta National announced on August 23. Fred Ridley would take over in Payne’s place.

He began his career as the chairman of Atlanta-based Centennial Holding Company. The business was coping with problems with fund management.

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Achievements and Awards

At the Atlanta Games’ Closing Ceremonies in 1996, Bill Payne was presented with the Olympic Order in Gold. In 2014, he was also chosen to serve as a Georgia Trustee. He was inducted into the World Golf Hall of Fame in the 2019 class under the lifetime accomplishment category.

Apart from that, one of his greatest accomplishments was convincing IOC members to hold the Olympics in Atlanta, a wish that was fulfilled in 1996. He also worked to get the club’s first women members admitted, something that had never been done previously.

Who is the wife of Bill Payne?

Payne is an extremely private individual when it comes to his personal details. Regardless, we are aware that he is wed. The lucky woman in his life is Martha Beard, to whom he has been blissfully married since their 1968 nuptials. In addition to being the first woman to join the ANGC in 2012, his wife was the CEO of IBM at the time. A boy and a daughter are their two offspring.