The 1950 Masters Tournament was the 14th Masters Tournament, held April 6–9 at Augusta National Golf Club in Augusta, Georgia. Jimmy Demaret won at 283 (−5) and became the first three-time Masters champion, with previous wins in 1940 and 1947. He played the par-five 13th hole (Azalea) in six-under-par for the week, with two eagles and two birdies at the pivotal 480-yard (440 m) hole.
Third round leader Jim Ferrier, a naturalized American originally from Australia, bogeyed five of the final six holes for 75 (+3) and was two strokes back as runner-up. Defending champion Sam Snead was third at 287 (−1).
Ben Hogan played in his first major since his near-fatal automobile accident in early 1949. In second place after 54 holes, he shot a 76 (+4) in the final round and fell back to even par for the week, in a tie for fourth place with Byron Nelson. Hogan won the next three majors he entered: the 1950 U.S. Open, 1951 Masters, and 1951 U.S. Open.
The tournament drew an estimated 10,000 patrons on Saturday and 18,000 on Sunday. With the favorable turnout, host Bobby Jones increased the original purse of $10,000 to $12,000.