Tiger Woods, the No. 1 ranked golfer in the world, announced on Tuesday on his website that he and his wife, Elin, will be expecting their second child later this winter.

Woods posted the announcement on Tuesday. It reads: "This has been a year of contrasts. I had a solid start to the season, won the U.S. Open in an exciting playoff, and then unfortunately had to shut it down after the successful knee surgery."

Golf pro Tiger Woods may soon earn one billion dollars in career earnings, becoming the world's first billionaire to accumulate his fortune by playing sports. According to Forbes magazine, Woods may reach the billion dollar mark by 2010. He is already a millionaire many times over.

The 14-time major championship winner earned 115 million dollars in 2007 alone, according to Forbes. The magazine annually ranks the world's richest people with its Forbes' Celebrity 100 list. Soccer player David Beckham was the No. 2 sportsman on the list with earnings of 65 million dollars.

Golf legend Tiger Woods has recently added a $65 million mansion in the Hamptons to his list of assets.

Woods' six-acre estate houses a 13,200 sq. ft. Colonial Revival mansion, 7,500 sq. ft. guest house and a four-car garage.

Angelina Jolie and Brad Pitt have reportedly been concerned with Ricky Hatton's defeat that they went to his dressing room to give their support for the defeated boxer.

Brangelina have gone to the World Championship boxing match Saturday and supported the British fighter, the reports say. They were joined by other celebrities including Bruce Willis, Tiger Woods, and David Beckham.

Beyonce Knowles is American Express' latest celebrity spokesperson. The singer-and-actress, who filmed a commercial for the credit card company in New York this week, will be promoting American Express gold and platinum cards.

Beyonce follows in the footsteps of Hollywood stars Kate Winslet, Robert DeNiro and Ellen DeGeneres and golf superstar Tiger Woods who were all previously American Express spokespeople.