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 Barstool Sports blog. He founded the print magazine “Barstool Sports” in 2003.
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Over time, the company would grow into a sports media giant. Portnoy became wealthy as the founder of Barstool Sports, a digital sports group that he sold in two transactions for $163 million.
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Dave Portnoy Net Worth (2024)
| Net value: | 120 million USD |
| Job: | Businessman, Blogger |
| Year old: | 47 years old |
| Country of origin: | America |
| Born: | March 22, 1977 |
| Wage: | 10 million USD |
| Latest updates: | 2024 |
Dave Portnoy’s net worth growth
| Net worth in 2024 | 120 million USD |
| Net worth in 2023 | 110 million USD |
| Net worth in 2022 | 100 million USD |
| Net worth in 2021 | 90 million USD |
| Net worth 2020 | 80 million USD |
Early life
Michael and Linda Portnoy were born David Scott 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.
sports bar stools
In 2003, Portnoy decided to leave Yankee Group after four years. He founded his first company, Barstool Sports, a popular satirical sports and pop culture website the same year.
This site has become 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. Every month, 80 million people visit Barstool Sports.
Dave took the opportunity to day trade during the COVID-19 lockdown, but he ended up losing about $647k. He deposited $3 million into an E-Trade account and even live-streamed his daily trading activities on Twitter.
He initially lost about $200k, but by April 17, he had lost $740k. He was able to recover about $93k at the close of trading on April 20, and his current loss is about $647k.
Charity organization
He founded the Barstool Foundation for charitable causes. When the COVID-19 outbreak peaked in 2020, Portnoy contributed $500,000 to the Barstool Foundation to help small companies affected by the pandemic.
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As of 2022, the campaign has raised more than $39 million for 348 companies. Dave donated $20,000 to Pennsylvania’s annual IFC/Panhellenic Dance Marathon in 2019, to raise money for pediatric cancer research and treatment.
About
| Name | Dave Portnoy |
| Net value | 120 million USD |
| 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 USD (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 divorcing his ex-wife, Portnoy reportedly began dating Jordyn Hamilton.
The couple broke up after a short period of relationship. According to sources, David is dating Silvana Mojica, a 26-year-old model, accountant, influencer and social media star.
Argumentative
Business Insider reveals:
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 was injured during sex, suffering broken ribs, but denied that it was non-consensual. In 2022, several similar assertions were made. He was 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 requiring him to delete his threatening tweets.
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NFL-related incidents:
Portnoy has been arrested in two NFL-related incidents: the first in 2015 when he and three Barstool employees handcuffed each other on the floor of NFL headquarters to protest Deflategate.
The second time was in 2019 when he was detained by New York City police for making a fake ID to attend a press event the day before and was banned from attending the match. He was placed in a cell at Mercedes-Benz Stadium.
Political Participation:
After Thomas Menino retired in 2013, Portnoy ran for mayor in Boston but ended in defeat. He failed to submit nomination signatures to qualify for the election despite earning more than $17,000 in campaign contributions.
Real Estate
David Portnoy reportedly paid $15 million for a property in Morningside, Miami, which is said to have ocean views. Portney is also said to be the owner of 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 is also involved in other businesses. Every year his net worth skyrockets. His net worth has nearly doubled in the past five years. Portnoy became rich as the founder of Barstool Sports, a digital sports group that he sold for $163 million.
Summary
David Portnoy’s net worth is estimated to be around $120 million, with an annual income of around $10 million. The majority of his income comes from his company, Barstool Sports. He serves as Chief Content Officer, overseeing everything.
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Category: Net Worth