Profile
Entrepreneur and Author
#2 in Influencers today
As of 2024, Patrick Bet David has a net worth of $550 million. Patrick is a US war veteran and also the founder of PHP Agency, a multi-million dollar media company. He also has $25 million in crypto assets, according to Forbes.
According to his Wikipedia, He also runs a successful YouTube channel and earns $1.6 million annually through his videos.
Assets and Investments
Over 40% of Patrick Bet David’s wealth today comprises real estate investments, cryptocurrency, and stock market holdings. Patrick owns $25 million worth of Bitcoin and DogeCoin.
Patrick’s stock market portfolio is valued at $27 million, with his largest stake being a $9 million investment in Apple shares. He also has investments in Alphabet, Boeing, Berkshire Hathaway, Amazon, and Nvidia.
Starting in 2015, Patrick significantly increased his investments in real estate and land. Presently, he possesses 3,800 acres of land across Hawaii, California, and Ohio. Furthermore, he possesses numerous mansions and villas in Florida and Texas.
Patrick Bet David Net Worth 2024 (Forbes)
| Net Worth | $550 Million |
| Annual Income | $40 Million |
| YouTube Earnings | $1.6 Million |
| Podcast Revenue | $700,000 |
| Book Royalties | $9.1 Million |
| Bank Balance | $10.4 Million |
| Crypto Investments | $25 Million |
Cars
Patrick owns over 15 luxury, vintage, and sports cars in his garage. The total value of his car collection is $11 Million. He owns three Ferraris, two Lamborghini, and a Rolls Royce.
House
In 2020, Patrick David made a jaw-dropping $22 million acquisition of a 10-bedroom mansion in Florida, previously owned by Preacher Joel Osteeen. Recently he spent $1.4 million to build a custom car garage on the property.
Financial Losses
He is not just about winning. Patrick Bet-David has suffered a huge financial loss too, losing $10 million in stocks, cryptocurrency, and NFTs. Here’s how it happened:
- Coinbase Global Inc. (COIN) – Bought at $350, now $60, leading to a $2 million loss to his wealth.
- ARK Innovation ETF (ARKK) – Bought at $150, now $40, causing a $2.5 million loss.
- Bitcoin (BTC) – Invested heavily when Bitcoin was at $60,000, now $30,000, resulting in a $3 million loss.
- Ether (ETH) – Purchased at $4,000, now $1,800, leading to a $1.5 million loss.
- Bored Ape Yacht Club NFTs – Acquired several at $400,000 each, now worth $100,000 each, resulting in a $1 million loss.
Wikipedia
Patrick Bet-David completed high school at Glendale High School in California. He earned a degree in nutrition from Santa Monica Community College and attended Harvard Business School Executive Education.
He is married to Jennifer, an early team member in his company, and they have four children. Patrick has authored books like “Drop Out and Get Schooled” and “Your Next Five Moves.”