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who owns parsons xtreme golf club manufacturing

by Emelia Ernser Published 2 years ago Updated 1 year ago
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founder Bob Parsons

Where does PXG manufacture their clubs?

PXG clubs are manufactured in Asia and elsewhere, but otherwise PXG is an American company, with engineering, product development, marketing and other operations here.

Who is the CEO of PXG?

Bob ParsonsBob Parsons, 71, founded PXG in 2014 and is a self-made billionaire who is perhaps most famous for launching GoDaddy.com in the late 1990s. He was ranked No. 378 on Forbes Magazine's list of richest people in America in 2020.

Who made PXG?

Bob ParsonsParsons Xtreme Golf / FounderRobert Ralph "Bob" Parsons is an American entrepreneur, billionaire, and philanthropist. In 1997, he founded the GoDaddy group of companies, including domain name registrar GoDaddy.com, reseller registrar Wild West Domains, and Blue Razor Domains. Wikipedia

Is PXG going out of business?

Arizona-based PXG never shut down and actually saw a notable uptick in its business, leading to the 2020 hiring of 151 new employees, mostly in the build shop. While other brands stopped or reduced orders, PXG doubled and tripled down.

Does Bob Parsons still own GoDaddy?

The colorful founder of GoDaddy, Bob Parsons, sold off his remaining stake in the web hosting firm and stepped down from the board in 2018.

What is Bob Parsons worth?

3.4 billion USD (2022)Bob Parsons / Net worth

Are there any golf clubs made in the USA?

The only major golf club company that is still manufacturing clubs in the USA is Ping. Ping started making putters many years ago and has continued to expand and grow and make as many of their clubs on American soil as possible.

Why did Billy Horschel leave PXG?

The last few weeks have seen PXG's tour staff undergo significant changes that started with Billy Horschel parting ways with the company on Feb.

Is PXG Made in USA?

The price required to put a set of PXG golf clubs has made many a golfer wondering whether the clubs are manufactured in the USA. Well, the answer is, YES, they are manufactured in the USA under the supervision of the founder that ensures that it meets his goals of premium quality at all costs.

Do any pros use PXG?

Several of the world's professional golfers use PXG equipment, including Zach Johnson, Ryan Moore, Chez Reavie, and Lydia Ko.

Are PXG clubs worth it 2021?

Conclusion. While the 0311 GEN3 irons still have tremendous appeal, particularly when it comes to customization, the PXG 0211 irons simply can't be beat in terms of performance for the money. These irons can go toe-to-toe with their more expensive brethren on every important metric.

Who does PXG sponsor?

the Korn Ferry TourPXG has also notably expanded its support of the Korn Ferry Tour, adding six new players. The professional golfers joining current PXG staffers Scott Langley and Grant Hirschman include: Kevin Dougherty. Nicolas Echavarria.

Who is the founder of Parsons Xtreme Golf?

A MESSAGE FROM BOB PARSONS. Parsons Xtreme Golf was founded in 2014 by billionaire and GoDaddy founder Bob Parsons who wanted to prove he could get more out of his golf equipment. With revolutionary patented technology, the world's finest materials, and zero cost or time restraints, PXG products would be golf clubs without compromise.

Who owns YAM golf?

In 2012 Bob founded YAM Worldwide under which he owns and operates more than a dozen companies, including PXG (Parsons Xtreme Golf), Scottsdale National Golf Club, Harley-Davison of Scottsdale, GO AZ Motorcycles, SNEAKY BIG, YAM Properties and YAM Capital. A self-proclaimed golf nut, Bob founded PXG in 2014 with the sole intent to design ...

When did Parsons Technology sell to Intuit?

When Parsons Technology was sold to Intuit in 1994 for $64 million, the company had nearly one thousand employees, $100 million in annual revenue and three million customers. ​. Three years later, he launched Jomax Technologies which would later become GoDaddy - the world's largest domain name registrar. He sold a majority stake in 2011, in ...

When did Bob Parsons start his business?

His alma mater presented him with an honorary doctorate in 2008 and named him Distinguished Entrepreneur in 2010. ​. In 1984 Bob started his first business, Parsons Technology, in his basement after teaching himself how to write computer programs.

Who is Bob Parsons' wife?

Bob and his wife Renee started The Bob & Renee Parsons Foundation in 2012 to reach marginalized populations and causes often underfunded by mainstream philanthropy. The Foundation provides transformational grants to nonprofit organizations successfully working in the areas of homelessness, medical care, LGBTQ youth, education and the needs of wounded veterans and military families.

Is PXG a privately held company?

The company has become the largest of Bob’s post GoDaddy ventures, currently serving golfers in more than 50 countries. In 2019 PXG was recognized as one of the fastest growing, privately-held companies in the U.S. by Inc Magazine. This is Bob’s third business to top the list – Parsons Technology (#11, 1992), GoDaddy (#8, 2004) and PXG, (#123, ...

What is a PXG golf club?

PXG is golf club innovation unboxed. Parsons Xtreme Golf (PXG) was founded in September of 2014 by well-known businessman, philanthropist and golf nut Bob Parsons. PXG was born out of Parsons’ desire to make the world’s best golf equipment. A shared passion for the greatest game ever played and equitable obsession with club technology led Parsons ...

What is PXG team?

PXG TEAM. PXG is a team of golf fanatics, insanely devoted to changing the way golf enthusiasts think about their clubs. We are golfers, designers and dreamers who will do whatever it takes to deliver game-changing innovation.

Why was the PXG made?

PXG was built to shatter expectations and change the way golf enthusiasts think about their clubs. We will not release new equipment unless it’s significantly better than what is already on the market.

Is PXG an incremental innovation?

At PXG, incremental innovation is never an option. With no cost or time constraints, PXG is committed to the long process of researching various alloys, exploring new technologies and identifying the unique properties that make PXG clubs perform unlike anything else.

Is Parsons Xtreme Golf a global brand?

More than 200 global patents later, Parsons Xtreme Golf has introduced a full line of golf clubs that are forcing golfers to change the way they think about the game. In response to explosive growth since its inception, PXG has quickly become an international brand, with retailers and distributors around the world.

How much did Parsons spend on golf clubs?

Opinions range from the mastermind behind the GoDaddy.com domain empire being the modern incarnation of Ely Callaway to a golf junkie – he spent over $350,000 in 2015 on golf clubs – who is in over his head.

How many percent of golfers accepted the Parsons buyout offer?

Nearly 40 percent reportedly accepted the offer. Although no one was willing to speak with GolfChannel.com on the record regarding the buyout, one source familiar with the situation said the membership welcomed Parsons’ improvements to an already well-maintained golf course if not his totalitarian approach to running the facility.

What is the PXG 0311?

Parsons explains that PXG, “won’t be attacking the competition directly,” a lesson he learned and has refined since his days as a Marine Corps rifleman – which is designated 0311 in USMC nomenclature and serves as the name of PXG’s first set of irons.

How many members did Parsons offer?

Parsons went on to offer the club’s 175 members a “resignation opportunity,” with full refunds paid to those who didn’t care for the future he envisions for the club, which includes a redesign of the original 18 holes, a new 18-hole layout and what he describes as the “bad little nine.”

How much does a 14 club set cost?

At $300 an iron and $700 for a driver, a 14-club set will run about $5,000, nearly twice as much as a normal set of “performance clubs,” and PXG’s target audience is a relatively well-defined and affluent group.

When did Parsons create GoDaddy?

It was one of those trailblazing moments that made Parsons a household name in 2005 when he created a risqué GoDaddy.com advertisement to air during the Super Bowl that included a now-famous “wardrobe malfunction.”

Who is Bob Parsons?

Bob Parsons: The eccentric man behind PXG clubs. SCOTTSDALE, Ariz. – Littered across the walls of Bob Parsons’ well-appointed office is the history of a life fully lived. From the Purple Heart medal he was awarded after being injured while on patrol in Vietnam to the faded computer – complete with floppy drive – he used to develop his first ...

How much did Parsons Technology sell for?

Ten years after starting Parsons Technology, he sold it to Intuit for $64 million. He was 43. He divorced his first wife (with whom he has three adult children), moved to Arizona, and pumped much of his new fortune into a company that would help people build their own websites. He didn’t know what to call it or even how it would work. Within five years, Parsons’ initial investment of $35 million had dwindled to $6 million. In 2001, he went to Hawaii to be alone and prepare to shutter the business. There, Parsons had a life-changing encounter with a happy-go-lucky valet.

How much did Parsons invest in his business?

He didn’t know what to call it or even how it would work. Within five years, Parsons’ initial investment of $35 million had dwindled to $6 million. In 2001, he went to Hawaii to be alone and prepare to shutter the business. There, Parsons had a life-changing encounter with a happy-go-lucky valet.

What did Parsons discover?

Eventually, his tinkerers found a thermoplastic elastomer. Parsons calls it their breakthrough. Through trial and error, they discovered a way to thin the face of PXG’s irons to a degree previously thought to be unsustainable, making them “hot” but without the cave-ins, and forgiving, too.

What did Parsons tell Nicolette to do?

Unmoved, Parsons convinced Nicolette to leave Ping and help form PX G. “I told him I wanted a club that looked like a blade, played like a cavity back, felt like heaven and would go,” Parsons says. “I said, ‘Take as long as you need. There are no cost constraints.’”

What time is Bob Parsons at Scottsdale National?

It’s 9 a.m. at Scottsdale National, and as the sun rises over the Southwestern rockscape, the club owner is sitting at his desk. In the middle of the 15th green. Bob Parsons—Harley rider, entrepreneur, disrupter of the natural golf world—is dressed in all black, including a recent 65th-birthday treat: a stud earring stamped with the initials “PXG.”.

How much did Parsons spend on equipment?

By spending upwards of $300,000 a year on equipment, Parsons developed a sense for what worked. One day, while playing Whisper Rock in Scottsdale, he met former Tour pro Mike Nicolette, who was working for Ping. They became friends, and talk turned to Parsons’ vision of his very own club company.

Where did Parsons invest his money?

Parsons went home to Scottsdale and invested the rest of his money in the company, which he’d renamed GoDa ddy. Promptly, he got the break of the new century. The Internet bubble had finally burst, wiping out much of his competition. Although he remains its largest shareholder, he substantially cashed out of GoDaddy in 2011 and turned his focus to golf. Parsons business maxim No. 5: Do what you love.

When did Parsons buy Scottsdale?

In September 2013, Parsons purchased The Golf Club Scottsdale, a 292-acre members-only golf course, for $600,000 and undisclosed debt, and renamed it Scottsdale National Golf Club. In 2014, Parsons purchased undeveloped properties adjacent to his golf course including a 223-acre parcel for a reported $55 million, a 41-acre parcel for $5.4 million, and a smaller tract for $2.3 million. Also in 2014, Parsons announced plans to build a new clubhouse, nine-hole practice facility, and second 18-hole golf course on the property.

Where is Parsons Technology located?

Parsons Technology. In 1984, he founded Parsons Technology in Cedar Rapids, Iowa, and began selling MoneyCounts, a home accounting program. In late 1987, Parsons was able to quit his job and focus completely on selling and overseeing growth of MoneyCounts.

When did Parsons leave GoDaddy?

In July 2011, Parsons sold approximately 70 percent of GoDaddy to a private equity consortium and resigned his position as CEO. In June 2014, he stepped down from his position as Executive Chairman and served on the board until 2018.

What did Parsons do in 2011?

In 2011, Parsons was denounced by animal rights and other groups for tweeting a video in which he shoots and kills an elephant in Zimbabwe. In response to the shooting, Gawker called Parsons "insane" and "ridiculous." NBC News said "It's definitely the kind of thing only a super rich CEO/founder of a privately-held company could get away with." Parsons said, "elephants are not endangered and probably there are too many of them." According to Convention on International Trade in Endangered Species of Wild Fauna and Flora elephants are listed as Schedule II.

What is the Bob and Renee Parsons Foundation?

After the 2010 Haiti earthquake, The foundation pledged $500 thousand for Hope for Haiti and a further $4 million towards relief efforts. The Bob and Renee Parsons Foundation has supported several veterans' organizations, mainly the Semper Fi Fund, with donations exceeding $8.5 million, mostly in the form of matching donations. In or around Phoenix, Arizona, it has donated more than $8 million to United Methodist Outreach Centers (UMOM) and its New Day Centers, which the organization spent in part to pay off the mortgage for one of its biggest facilities. It has also donated at least $10 million to the Southwest Center for HIV/AIDS, helping it open its new center.

How much did Parsons donate to Restore Our Future?

In 2012, Parsons donated $1 million to Restore Our Future, Mitt Romney's Super PAC.

How much did Cornerstone buy?

The Cornerstone shopping center, acquired for $29 million

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