The ex-wife of Tiger Woods, Elin Nordegren is reportedly dating billionaire, Chris Cline. The New York Post's Page Six reported Tuesday that the Swedish former model, 33, is seeing the 53-year-old who's worth an estimated $1.2 billion.

"Elin and Chris have been dating since the holidays," a source told Page Six of the very quiet new couple. Married twice, Cline is a father of four, owns a luxury yacht called Mine Games, and apparently hosted a Mitt Romney fundraiser in his home last September, according to Page Six.

Tiger Woods and Nordegren divorced in August of 2010 after a 2009 single-vehicle incident that Tiger Woods crashed his car just outside the couples Florida home. The National Enquirer reported that Woods was having an affair, just days before the accident.

Women came out and admitted to having an affair with the married man, who had two children with Nordefren.

Page Six reported that Nordegren has been renovating a new home near Cline's mansion in the Seminole Landing development in North Palm Beach, Fla.

Cline is He is currently the majority owner of privately held Foresight Reserves LP, with headquarters in Palm Beach, Florida. Carlyle.com reports that Cline's company has more than three billion tons of coal reserves across Illinois and the Northern Appalachia.

In 2010, Cline ranked 278th on Forbes list of American billionaires.