How The AIG Women’s Open Prize Money Has Grown

The prize fund has grown significantly since AIG became the title sponsor

AIG Women's Open
AIG's involvement with The Women's Open has boosted the prize fund significantly
(Image credit: Getty Images)

Formerly sponsored by Weetabix and Ricoh, The Women’s British Open became the AIG Women's Open in 2019 through a sponsorship deal that extends until 2025 – which has been good news for those competing. 

AIG, in alliance with The R&A, is dedicated in helping to elevate and advance women's golf by shining a spotlight on gender equity, especially gender pay equity.

The prize fund for the 2023 AIG Women’s Open was confirmed a day before play got underway, and it now stands at $9m, a 23% increase on last year’s prize fund of $7.3m, of which Ashleigh Buhai claimed $1.095m for her win.

Here's how the Women’s British Open prize money has grown since AIG became a title sponsor, and how it's increased since it was first recognised as a Major Championship by the LPGA in 1994.

How The Women’s British Open Prize Money Has Grown

  • 2023 – $9m 
  • 2022 – $7.3m
  • 2021 – $5.8m
  • 2020 – $4.5m
  • 2019 – $4.5m (beginning of The R&A’s partnership with AIG)
  • 2018 – $3.25m
  • 2017 – $3.25m
  • 2016 – $3m
  • 2015 – $3m
  • 2014 – $3m
  • 2013 – $2.75m
  • 2012 – $2.75m
  • 2011 – $2.5m
  • 2010 – $2.5m
  • 2009 – $2.2m
  • 2008 – $2.1m
  • 2007 – $2m
  • 2006 – $1.8m
  • 2005 – $1.8m
  • 2004 – $1.6m
  • 2003 – $1.6m
  • 2002 – $1.5m
  • 2001 – $1.5m
  • 2000 – $1.25m
  • 1999 – $1m
  • 1998 – $1m
  • 1997 – $900,000
  • 1996 – $850,000
  • 1995 – $600,000
  • 1994 – $500,000

How Does Prize Money Compare To The Men's Open Championship?

At the 151st Open Championship, winner Brian Harman took home a cheque for $3 million.

The game's oldest Major Championship was just played for pride back in 1860, but at Royal Liverpool in 2023, the best male golfers in the world competed for a total prize fund of $16.5 million.

Prize Funds For The 2023 Women’s Majors

With a prize fund of $9 million in 2023, there are two women’s golf Majors that boast bigger prize funds than the AIG Women's Open – the KPMG PGA Championship and U.S. Women’s Open, the latter of which has the biggest purse in the women’s Major season.

  • Chevron Championship $5.1 million
  • KPMG Women's PGA Championship $10 million
  • U.S. Women’s Open $11 million
  • Evian Championship $6.5 million
  • AIG Women's Open $9 million
Michael Weston
Contributing editor

Michael has been with Golf Monthly since 2008. As a multimedia journalist, he has also worked for The Football Association, where he created content to support the men's European Championships, The FA Cup, London 2012, and FA Women's Super League. As content editor at Foremost Golf, Michael worked closely with golf's biggest equipment manufacturers, and has developed an in-depth knowledge of this side of the industry. He's now a regular contributor, covering instruction, equipment and feature content. Michael has interviewed many of the game's biggest stars, including six world number ones, and has attended and reported on many Major Championships and Ryder Cups. He's a member of Formby Golf Club.