The Swedish former model, 33, and the billionaire, 53, both have mansions in the exclusive North Palm Beach oceanfront community of Seminole Landing, where Elin had her home rebuilt after splitting with Woods, writes The New York Post.
“Elin and Chris have been dating since the holidays,” a source revealed to reporters of the very quiet new couple. Married twice, Cline has four children, is a happy owner of a luxury yacht called Mine Games, and a host of a Mitt Romney fundraiser in his home last September.
Nordegren previously dated financial investor Jamie Dingman, before calling its quits last May.
“He’s a really fun, exciting guy and she needed that, but she wants someone more stable for the kids now,” a source told reporters at the time. “She’s back to casually dating.”
Cline stays out of the public spotlight, but he made headlines last year after having become one of the targets of an extortion plot that also involved movie executive Harvey Weinstein, among others.
Meanwhile, Nordegren’s ex-husband Woods has been dating Olympic skier Lindsey Vonn for several months, and even dispatched his private jet to deliver the gold medalist in Austria after a serious injury.
Nordegren and pro-golfer Woods were married for five years and have two children together, Sam, 4, and Charlie, 3.
The two divorced nine months after his middle-of-the night car crash outside his home set off shocking revelations that the world’s most famous and richesh athlete had been cheating on his beautiful young wife.
Nordegren later revealed that she and Woods tried for months to reconcile the relationship. In the end, a marriage “without trust and love” wasn’t good for anyone, she said at the time.
In a statement Woods and Miss Nordegren said: “We are sad that our marriage is over and we wish each other the very best for the future.
“While we are no longer married, we are the parents of two wonderful children and their happiness has been, and will always be, of paramount importance to both of us.
“Once we came to the decision that our marriage was at an end, the primary focus of our amicable discussions has been to ensure their future wellbeing.”
After the divorce hearing, lawyer Gloria Allred, who represented several of the golfer’s alleged mistresses, said: “Tiger Woods’s marriage appeared to be over long before it became final today. He has broken his wife’s heart and the hearts of many others.”
“His apparent lack of honesty in his relationships doomed his marriage and caused a break that could not be repaired. Tiger can begin again but he should never forget the human wreckage that he has left behind,” she added.
Since their divorce, Elin has dated several men, including wealthy financier Dingman and professional hockey player Douglas Murray, to whom she was first romantically linked in July 2012.
Tiger appeared to have learnt from his mistakes and is making every effort to go the distance with his new love: “He wants to marry again and thinks Lindsey could be the woman,” a source close to the golfer revealed the information.