Dave Portnoy is a sports media personality from America. He is also a popular entrepreneur on the internet. Almost, the man earned a good net worth in the three digits millions. Thus, the man became the founder of the ‘Conglomerate Barstool Sports.’
In this article, let us have a look at the Dave Portnoy net worth of briefly. Read through the article to get more information about his personal life and career.
|✔ Real Name||David Portnoy|
|✔ Birthday||March 22, 1977|
|✔ Birthplace||Swampscott, MA|
|✔ Zodiac Sign||Aries|
|✔ Spouse||Renee Portnoy (m. 2009–2017)|
|✔ Profession||American internet celebrity|
|✔ Dating/Girlfriend||Renee Portnoy|
|✔ Net Worth||$100 Million|
|✔ Siblings||Not Disclosed|
Dave Portnoy Early Life:
Dave was born on 22nd March 1977. His real name is David Portney. There is no information regarding his parents and siblings. He studied at the University of Michigan in 1999. David finished his degree in education.
After finishing his education, he moved to Boston where he joined an IT-based firm. In 2003, Dave started Barstool Sports. This serves as a print publication for the Boston area. In 2007, he launched a website for his sports company.
Within the next ten years, Barstool grew into a sports media powerhouse. In his initial days, Portney was busy handling his website. He sits for 10+ hours a day to finish his work. Even he worked on both Saturdays and Sundays.
A little bit of a difference in approach by these two here https://t.co/nJvfHDilm7 pic.twitter.com/QPNaAvX9wf
— Dave Portnoy (@stoolpresidente) December 9, 2022
His website covers sports-related stuff and some attractive women. Then, the brand got the name ‘ESPN and Girls Gone Wild.’ Such a unique combination worked well and thus gained popularity on the internet.
In 2017, Dave started a pizza review series titled ‘One Bite with Davey Pageviews.’ The unwanted goal of this site is to review the different pizza corners in Manhattan.
Dave Portney married Renee Satherthwaite in 2009. He lived with her from 2009 to 2017. Then, the couple got divorced due to some personal reasons.
In recent times, Dave grabbed the attention of the media. He is dating a Colombian model, Silvana Mojica. She is the rumored girlfriend of this Barstool Sports founder.
What Happened To Barstool?
In January 2016, Peter Chernin acquired some part of the Barstool for $10-$15 million. It is based on some reports that ‘The Chernin Group’ owner acquired it. By 2018, Chernin almost invested $20-25 million on stake. This is to increase his stake to 60%.
But Dave stayed in 100% control of his company’s content. Such content may include
- TV shows
- Gambling content
- Alcohol brands
Now, it is a turn for Penn National Gaming to acquire a 36% stake in Barstool Sports. In January 2020, Penn group acquired Barstool for $450 million.
Dave Portnoy Net Worth:
Since Dave sold the portion of a Barstool over two transactions, his net worth is good. He sold a major stake of his company in 2016 to ‘The Chernin Group.; Then, in January 2022, he sold 36% of stake to Penn Gaming for $163 million. After selling the portions of the Barstool, he earned a good net worth in the market.
0.5% stake of the company may be worth $80 million. In this, Dave owns 1/3 of the stake, which is around $26 million. Then, his remaining assets may come roughly to $90 million. So, how much is Dave Portnoy’s worth? Thus, Dave Portney’s net worth is around $100 million.
Dave earned this good fortune through the Barstool. He is quite a genius in handling the stock market and thus, he gained this much fortune.
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