Singh led the World Money Lists for the second consecutive year, after having broken Woods's five-year reign. The second- and third-place finishers were also the same as in 2003, with Ernie Els taking second with $9,368,386 on the strength of his five worldwide victories, and Woods placing third with $7,069,407, having three victories including his last two tournaments of the year. U.S. Open champion Retief Goosen was fourth with $6,589,631 and Masters champion Phil Mickelson was fifth with $6,184,823. A record total of 112 regular tour players won more than $1 million in 2004.
This is the 39th year that IMG has compiled the World Money Lists, which also include worldwide earnings for women and seniors.
Annika Sorenstam led the Women's World Money List for the fourth consecutive year with $2,746,824 and Craig Stadler led the seniors with $2,681,041. Neither figure was a record.