Tiger Woods’ Swedish ex-wife Elin Nordegren, 34, has reportedly split from her billionaire boyfriend, Chris Cline, 56, after dating for a little over a year because they “drifted apart”. Nordegren and Cline own homes next to each other on North Palm Beach and started dating in March 2013.  A source told Page Six, “They didn’t spend enough time together. He has a thriving business and has been traveling a lot.”

Cline owns Foresight Energy, a company that has mines in Illinois and northern Appalachia. Forbes has estimated his worth at $1.4 billion. Earlier this year, Nordegren reportedly introduced him to her family while they were vacationing in Sweden, and the couple even went on double dates with Nordegren’s ex-husband Woods and his girlfriend, Lindsey Vonn. Nordegren and Cline were last seen together in public at a bell ceremony for Foresight Energy at the New York Stock Exchange in June.

Tiger Woods’ ex Elin Nordegren is newly single: http://t.co/pKfYDF9tFX

— Us Weekly (@usweekly) August 16, 2014

Meanwhile, Nordegren was spotted on Friday in the Hamptons, where she spent a weekend with girlfriends. She was seen walking around Bridgehampton with friends and described as “single again and hotter than ever” by an insider.

Despite her recent split, Nordegren has many reasons to smile. She graduated from Rollins College after nine years of studying psychology, earning a degree and an Outstanding Senior Award with her 3.96 GPA, for which she was asked to give a speech to her class. She also opened up to People that same month about her relationship with her ex-husband post-divorce.

“My relationship with Tiger is centered around our children and we are doing really good—we really are—and I am so happy that this is the case. He is a great father,” she revealed.

When asked about Woods’ new girlfriend, Nordegren said she was happy that there was one more person loving her children.

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