By Selena Hill ( | First Posted: Mar 12, 2013 03:38 PM EDT

Elin Nordegren (R), former wife of U.S. team member Tiger Woods, arrives with other wives for opening ceremonies at the Presidents Cup golf tournament at Harding Park golf course in San Francisco, California October 7, 2009. Woman at left is unidentified. (Photo : REUTERS/Matt Sullivan )

New reports say that Tiger Woods' ex-wife Elin Nordegren is moving on with a new older, richer love interest.

The former Swedish model and the pro-golfer split in 2010 after it was revealed that Woods was a serial cheater and sex addict who had multiple marital affairs.  After a messy divorce, Nordegren walked away with $750 million dollars in the divorce settlement.

Now, according to the New York Post, Nordegren is seeing coal magnate Chris Cline, a 53-year-old business tycoon who is worth $1.2 billion and happens to be her neighborhood in North Palm Beach, Florida.

"Elin and Chris have been dating since the holidays," a source revealed to the Post of their quiet romance.

Cline has been married two times already and has four children. He owns a luxury yacht called Mine Games and hosted a Mitt Romney fundraiser in his home during the 2012 presidential election last September.  He also owns a mansion in Seminole Landing where the 33-year-old blonde beauty is renovating her $12 million home.

Meanwhile, it has been reported that Woods is dating Olympic skier champion Lindsey Vonn.  The infamous 37-year-old womanizer met the 28-year-old skier in April 2012, but they didn't become more than friends until November. A number of news outlets including CBS Sports and PEOPLE speculate that they were seeing one another over the last few months.

Last month Vonn suffered a devastating injury during the Alpine World Championships and reportedly returned home to the U.S. on a private jet owned by Woods.

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