Last Updated on 9 months by Anoob P T
As of 2022, Dave Portnoy Net Worth is estimated to be $100-$120 Million. In this post we are going to look at Dave Portnoy Net Worth, Age, Career & How Dave Portnoy Made Money.
Dave Portnoy Net Worth : $100-120 Million | |
Source of Net Worth | Founder of Barstool Sports |
Real Estate Investments | $14M Waterfront Home in Miami’s Morningside |
Business Investments | NA |
Age & Date of Birth | 45 Years, 3/22/1977 |
Gender | Male |
Profession | Professional Actor and Director |
Nationality | American |
Table of Contents
Dave Portnoy Net Worth & What You Can Learn from Dave Portnoy Life Story
As of 2022, Dave Portnoy Net Worth is estimated to be $120-$100 million and according to him, his net worth would have been much higher but his investment in stock market reduced his net worth.
Dave Portnoy founded Barstool Sports which was sports & pop culture print publication which focused on the Boston metropolitan area.
Barstool Sports made money using gambling advertisements and fantasy sports projections and the website was launched in 2007.
2007 was early years of the viral news trend and Barstool Sports grew very quickly and got investments from The Chernin Group.
Dave Portnoy was passionate about sports and entertainment and the internet gave him incredible leverage to expand quickly.
What you can learn from Dave Portnoy is that if you are passionate about something, you should think of starting a business or a hobby around it so that you have a greater chance of finding something fun to do and you have a better shot of success than normal people who are working just for money.
I was good at writing in school but I never thought of starting a blog of writing for myself until couple of years back. Now it gives me great pleasure to watch this site grow every month–and I do it not for the money but out of curiousity and genuine interest.
This post is part of our series where we look at the lives of influencers who have chosen unconventional careers and became successful.
After working full-time for more than 12 years, I switched to working for myself and trying to earn a living online.
If you are interested in the whole concept of making money online, you can check out some of my other posts including 10 Easy Ways to Earn Money Online without Investment, How to Earn Money from YouTube, how to earn money from Facebook and how to start a blog and make money.
I have also written a detailed post on How to Start an Online Business That Changes Your Life, How to Live a Simple Life And Be Happy–you can read it if you are interested.
I recently helped a client of mine generate $1000 in income from his YouTube channel that was not making any money and even you can do the same.
Earlier, I had co-founded a video company and raised $2 million in funding and then got fired from the company I started. I had done lot of testing and research on how to monetize YouTube and now I use the same skills to help other YouTubers.
You can read my full story here if you are interested.
Dave Portnoy Net Worth, Age, Career & How Dave Portnoy Made Money
Who is Dave Portnoy
Dave Portnoy is an internet entrepreneur and a sports personality who is famous as the founder of Barstool Sports.
Dave Portnoy founded Barstool Sports which was sports & pop culture print publication which focused on the Boston metropolitan area.
Barstool Sports made money using gambling advertisements and fantasy sports projections and the website was launched in 2007.
In 2007, some of his stories went viral quickly making his site attract huge number of visitors and he was able to make a business out of the same.
Dave Portnoy Age
Dave Portnoy was born on 22 March 1977. He is currently 45 years old.
Dave Portnoy Bio
Real Name | David Scott Portnoy |
Nick Name | Dave Portnoy |
Date of Birth | 22 March 1977 |
Age | 45 Years OId |
Relationship Status | Divorced, ex-wife Renee Portnoy |
Children | 0 |
Height | 6 feet 0 inch or 182 cms |
Weight | 147 lbs or 67 kgs (Approx) |
Net Worth | $100-120 Million (Approx) |
Place of Residence | Miami |
Source of Wealth | Founder of Barstool Sports |
Nationality | American |
Education | University of Michigan |
Religion | Jewish |
Controversies | Arrested twice for NFL-related incidents |
Dave Portnoy Early Life
Dave Portnoy was born in Swampscott in Massachusetts to parents Michael and Linda.
His birth name is David Scott Portnoy and he completed his schooling at Swampscott High School.
Being an avid sports lover who played football and baseball throughout his younger years, it was evident that he would look to building a career in sports in the future.
He studied at the University of Michigan, a reputed sports college, but did not involve himself in any of the sports activities. He graduated with a degree in Education in 1995.
Dave Portnoy Career
Shortly after graduating college, Dave joined Yankee Group in Boston that was a technology research firm. After working there for 4 years, he left the company and formed his own brand called Barstool Sports.
The intention behind starting Barstool Sports was to provide help with sports betting.
While doing his own research, he found out that there were no such portals that were helping people with sports betting.
This gave him the idea to start his own platform. He established Barstool Sports in 2003 in the form of a local newspaper in Boston.
The newspaper’s content was focused on offering fantasy sports bets.
He employed his childhood friends to write articles.
Initially, they all wrote under pseudonyms to give off the impression that the newspaper was from a huge publication with many writers under their roof.
Sometime later Dave stopped writing articles himself, and instead went out in search of income and monetizing the publications.
He went to local bars and gambling companies to pitch advertisement spots in their locations. This method, although took some time, but helped in streaming income to their company.
Barstool Sports when first launched in 2003 did not have the advantage of using the internet.
Later in 2007, Dave decided to launch the company online and created a website. This was a major breakthrough for the company and brought them national attention.
The traffic on the website started to increase which led to more people knowing about the platform.
You can watch Dave Portnoy interview here:
Dave Portnoy Net Worth
According to Dave Portnoy, his net worth would have been higher but his net worth reduced as a result of stock market crash.
He is currently active as the Chief of Content in Barstool Sports where he looks after all forms of content like videos, podcasts, and merchandise.
His equity in the company also contributes to the majority of his net worth.
Dave Portnoy Net Worth
Dave Portnoy’s net worth in 2020 was $118.9 million. The majority of this income came from Barstool Sports.
In January of 2020, Barstool Sports was acquired at 36% stake by Penn National Gaming which was valued at $450 million.
Another 36% stake was owned by The Chernin Group. The owner of the remaining 28% stakes was Portnoy with a few executives of the company.
Dave Portnoy Net Worth 2017
Dave Portnoy Net Worth 2017 was estimated to be around $100 Million.
How Dave Portnoy Made His Money
Dave Portnoy made most of his income from Barstool Sports.
Though the company faced some initial setbacks just like any company, it later picked up speed through the digitalization of the publication.
The Barstool Sports website currently has more than 1 million viewers visiting the website every month. This surely helped in increasing the revenue.
Dave himself was 100% in charge of the company until 2016, so this too meant that he took home a major chunk of the revenue from the website.
Since he overlooked almost all aspects of the company, starting from content production to TV show appearances, it is understandable that his net worth would be so high.
His stake in Barstool Sports is worth $90 million.
Dave Portnoy Podcast
Dave Portnoy also has a successful podcast where he talks about Barstool and he reflects back on his company’s history with other guests.
I’ve listed Dave Portnoy Podcast links so that you can listen to it if you are interested.
Dave Portnoy Podcast on Apple Music
Dave Portnoy Podcast on iHeart radio
Dave Portnoy Podcast Player.fm
Barstool Reddit
Barstool has a very popular Reddit handle that is followed by thousands of redditors.
You can join the official sub reddit of Barstool here:
Twitter account of Barstool Reddit– @barstoolreddit
Dave Portnoy Pizza
In 2017, Dave Portnoy made a show where he ate Pizza from every Pizza store in Manhattan.
Since then, he consumed a slice of pizza every day and reviewed them for the viewers.
This series was called “One Bite With Davey Pageviews”. You can watch all videos in this series here
You can also watch one of the videos here.
He also claimed that eating one slice of pizza a day helped him lose weight.
The reason behind this being previously he would have a whole pizza by himself for dinner.
But now since he reduced his consumption and divided it among all days of the week, it reduces his craving for pizza.
He said that “Pizza is God’s gift to man”.
Dave Portnoy Trump
In 2020, Dave Portnoy had the opportunity of interviewing the then-President of the USA, Donald Trump.
You can watch the video of Dave Portnoy Trump interview here:
The interview took place inside the White House.
Dave began by stating the fact that Trump’s son was a huge fan of Dave’s website Barstool Sports and had also gotten a retweet from him.
It was a revelation when Trump revealed that he was a fan of Dave’s Pizza reviews.
Although Dave had said that he is apolitical, but he later assured that he would vote for Trump and support him.
At the end of the interview, Dave arranged for a facetime call between his father and Trump.
Dave Portnoy Girlfriend
Dave Portnoy’s rumored girlfriend is Silvana Mojica.
Not much is known about Silvana Mojica excepot that she works as a social media marketing assistant for a fashion company in Miami.
Dave Portnoy Wife
Dave Portnoy married Renee Satherthwaite in 2009 and the marriage lasted till 2017. By profession, Renee Satherthwaite is a social media personality.
Dave Portnoy Kids
Dave Portnoy does not have any kids despite being married for so long.
Dave Portnoy Divorce
Dave Portnoy divorced his ex-wife Renee Satherthwaite in 2017.
There were rumors that Dave was seeing another woman.
He then took to his blog to explain the situation. He stated that he and his wife had separated amicably and had no bad blood between them.
Dave Portnoy Heart Attack
In 2012, David Portnoy experienced what felt like it was a heart attack.
He was walking up the stairs and felt very uneasy. He thought he had gotten a heart attack and rushed to the hospital.
However, his assumption turned out to be false, as the medical professionals detected that due to him having buttered popcorn in large quantities, his body repulsed.
Dave Portnoy House
Dave Portnoy purchased a house in Miami in April of 2021 for about $14 million.
You can watch this video where he talks about purchasing the home.
Before purchasing this property, he was renting Floyd Mayweather Jr’s property in Miami for $200,000 a month.
Dave Portnoy Address New York
- 333 7TH Ave FL 2
- New York, NY, 10001-5029
- United States
Dave Portnoy Social Media Handles
Dave Portnoy is active on most social media channels. If you want to follow him on social media to get know what he is up to, you can use the official handles listed below.
Dave Portnoy Twitter- @stoolpresidente
Dave Portnoy Instagram- @stoolpresidente
Frequently Asked Questions about Dave Portnoy
How much is Dave Portnoy worth?
As of 2022, Dave Portnoy net worth is estimated to be $100-$120 Million. According to Dave Portnoy his net worth has decreased to $100 million because of stock market crash.
Does Dave Portnoy have kids?
No, Dave Portnoy does not have any kids.
What is Dave Portnoy salary?
Dave Portnoy is Co-Chief Executive Officer at Cryo Cell International Inc and he made a salary of around $687,063.
Is Dave Portnoy a billionaire?
No, Dave Portnoy is not a billionarie, As of 2022, Dave Portnoy net worth is estimated to be $100-$120 Million.
Does Dave Portnoy have a gf?
Yes, Dave Portnoy is currently dating Silvana Mojica.
What is Dave Portnoy’s favorite pizza?
Bello’s New Yorker Pizza
Why is Dave Portnoy famous?
Dave Portnoy is famous as founder of digital sports company Barstool Sports
Does Dave Portnoy live in NYC?
Dave Portnoy was living in NYC for 5 years but now lives in Miami.
How much does Dave Portnoy own of barstool?
Around 28% with other executives.
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