Dave Portnoy is an American social media personality with a net worth of $120 million. Dave is also an entrepreneur, blogger, and founder of the blog Barstool Sports. He founded “Barstool Sports” as a print magazine in 2003.
Over time, the company grew into an unlikely sports media giant. Portnoy made his fortune as the founder of Barstool Sports, a digital sports group that he sold in two deals for $163 million.
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Dave Portnoy Net Worth (2024)
| Net worth: | 120 million dollars |
| Job: | Businessman, Blogger |
| Year old: | 47 years old |
| Country of origin: | USA |
| Born: | March 22, 1977 |
| Wage: | 10 million dollars |
| Last updated: | 2024 |
Dave Portnoy’s Net Worth Growth
| Net worth 2024 | 120 million dollars |
| Net worth 2023 | $110 million |
| Net worth 2022 | 100 million dollars |
| Net worth 2021 | $90 million |
| Net worth 2020 | 80 million dollars |
Early life
David Scott Portnoy was born to Michael and Linda Portnoy on March 22, 1977, in Swampscott, Massachusetts. In 1995, he graduated from the University of Michigan with a bachelor’s degree in educational studies.
Barstool Sports
In 2003, Portnoy decided to leave Yankee Group after four years. He founded his first company, Barstool Sports, a popular sports and pop culture satire website, that same year.
The site has grown into one of the most popular free sports blogs on the internet, covering all sports news in the United States. Barstool has moved its headquarters to New York City. Barstool Sports is visited by 80 million people every month.
Dave took his chance at day trading during the COVID-19 lockdown, but he ended up losing around $647,000. He deposited $3 million into an E-Trade account and even live-streamed his day trading activities on Twitter.
He initially lost about $200,000, but by April 17, he had lost $740,000. He was able to recover about $93,000 by the end of trading on April 20, and his current loss is about $647,000.
Charity
He founded the Barstool Foundation for philanthropy. At the height of COVID-19 in 2020, Portnoy donated $500,000 to the Barstool Foundation, which helps small businesses impacted by the pandemic.
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As of 2022, the campaign has raised over $39 million for 348 companies. Dave donated $20,000 to Penn State’s annual IFC/Panhellenic Dance Marathon in 2019, which raises money for pediatric cancer research and treatment.
About
| Name | Dave Portnoy |
| Net worth | 120 million dollars |
| Year old | 47 |
| Height | (1.82m) |
| Weight | 80KG (Approx.) |
| Job | Businessmen |
| Date of birth | March 22, 1977 |
| Place of birth | USA |
| Nationality | American |
| Income | $10 million (Annual) |
| Couple | Nekesta Samone Shelton |
“We will not bow to the winds of PC culture no matter which way they blow.”
– Dave Portnoy
Dave Portnoy’s Social Media Profile
Personal life
Renee Satherthwait and David Satherthwait married in 2009 and were together for eight years before divorcing in 2017. After his divorce from his ex-wife, Portnoy reportedly began dating Jordyn Hamilton.
The couple split after a short period of dating. According to sources, David is dating Silvana Mojica, a 26-year-old model, accountant, influencer and social media star.
Argumentative
Business Insider revealed:
According to a Business Insider exposé published in 2021, Portnoy engaged in violent sexual interactions with three women and videotaped them without their consent. He admitted that one of the women suffered injuries during sex, breaking her ribs, but denied that it was non-consensual. Several similar claims were made in 2022. He sued for making “false and defamatory” statements.
Labor investigation:
The National Labor Relations Board investigated Portnoy, the founder of Barstool Sports, for threatening to fire employees if they joined a union. He agreed to an informal settlement that required him to delete his threatening tweets.
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NFL related issues:
Portnoy has been arrested in two NFL-related incidents: the first occurred in 2015 when he and three Barstool employees handcuffed each other on the floor of NFL headquarters in protest of Deflategate.
The second time was in 2019 when he was arrested by New York City police for counterfeiting tickets to attend a press event the day before and was banned from attending the game. He was taken to a jail cell at Mercedes-Benz Stadium.
Political participation:
After Thomas Menino retired in 2013, Portnoy ran for mayor of Boston, but lost. He failed to file nomination papers to qualify for the election despite raising more than $17,000 in campaign contributions.
Real estate
David Portnoy reportedly paid $15 million for a Morningside, Miami property that reportedly has ocean views. Portney is also said to own a Hamptons beach house in Montauk worth $10 million.
Wealth dependence
Most of David Portnoy’s money comes from his own company, Barstool Sports, and he’s also involved in other businesses. His net worth has skyrocketed every year. His net worth has nearly doubled in the past five years. Portnoy made his fortune as the founder of Barstool Sports, a digital sports group that he sold for $163 million.
Summary
David Portnoy’s net worth is estimated at $120 million, with an annual income of around $10 million. The bulk of his income comes from his company, Barstool Sports. He serves as Head of Content, overseeing everything.
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Source: https://anhngunewlight.edu.vn
Category: Net Worth