Elin Nordegren's new boyfriend, the coal magnate Chris Cline, is worth a cool $1.2 billion, according to the New York Post, who broke the story of the couple's relationship. Cline 53, has a mansion in North Palm Beach, where Nordegren, the former wife of Tiger Woods, has been renovating a new $12 million home. "Elin and Chris have been dating since the holidays," a source told Page Six.

A father-of-four, Cline owns a luxury yacht called Mine Games and reportedly hosted a Mitt Romney fundraiser at his home last September. Elin's ex-husband Woods is also back in the dating game, having hooked up with Olympic skier Lindsay Vonn, dispatching his own private jet to fetch her after she recently suffered a serious injury in Austria.

Nordegren and Woods split in 2010 after one of the most highly publicized cheating scandals in history. They reunited last month and were photographed together at a sporting event with kids Sam, 5, and Charlie, 3. According to TMZ.com, the exes chatted for half an hour and "appeared to enjoy each other's company."

Though Elin's new man appears to be an intensely private man, he did make headlines last year after falling victim to an attempted extortion plot by an aspiring actor who also targeted movie mogul Harvey Weinstein and Groupon co-founder Eric Lefkofsky. A letter was sent to Cline that threatened the coal tycoon's family unless he handed over $13 million. Mr Cline did not hand over the money.

Elin NordegrenElin Nordegren's New Boyfriend Is Worth A Reported $1.2 Billion