What is Patrick Bet-David's Net Worth and Salary?
Patrick Bet-David is an American entrepreneur, author, and financial adviser with a net worth of $350 million. He is the founder of Valuetainment Investments Group LLC and PHP Agency.
Early Life
Born in Tehran, Iran in October 1978, Patrick Bet-David moved to the United States in 1990 during the Iranian Revolution. He settled in Glendale, California, and served in the U.S. Army's 101st Airborne Division.
PHP Agency
After his military service, Bet-David started his career in financial services at Morgan Stanley and Transamerica Corporation. In 2009, he founded PHP Agency, a financial services marketing organization offering insurance products such as annuities, health insurance, and 401k roll-overs. The agency is headquartered in Dallas, Texas.
In 2017, PHP Agency raised $10 million in expansion capital from a syndicate of private equity players, including Atalya Capital, Gabriel Brener, Oscar De La Hoya, and Ambina Partners. In 2019, the company held a convention with over 8,000 attendees, featuring guest speakers like Kobe Bryant and President George W. Bush.
Valuetainment
Patrick Bet-David owns Valuetainment Media LLC, which creates and syndicates content on platforms such as YouTube and Roku. The Valuetainment channel has over 1.8 million subscribers and features interviews and educational content on entrepreneurship, business, and personal development. Bet-David has interviewed a range of high-profile figures, including President George W. Bush, Kevin Hart, Ray Dalio, Kobe Bryant, Mark Cuban, Steve Wozniak, Wayne Gretzky, Magic Johnson, and John Calipari.
Personal Life
Patrick Bet-David has been married to Jennifer Bet-David since 2009. Jennifer serves as the Executive Vice President of Operations at PHP Agency Inc.
Fort Lauderdale Mansion
In June 2021, Jennifer and Patrick Bet-David purchased a waterfront home in Fort Lauderdale, Florida, for $20.4 million, setting a record for the area. The 10,400-square-foot mansion includes six bedrooms, nine bathrooms, and is situated on 1.1 acres of land with 800 feet of water frontage, a 65-foot boat slip, a putting green, a private beach, and a saltwater lap pool.
Philanthropy
Patrick Bet-David is also known for his philanthropic efforts, contributing to various charities and causes such as The Front Row Foundation and the Italian Earthquake Relief Fund.
In May 2023, Patrick Bet-David appeared as a guest on Joe Rogan's podcast.
Image supplied by Patrick Bet-David's agency, Valuetainment Media LLC
