Patrick Bet-David Net Worth: Career And Lifestyle

American entrepreneur Patrick Bet-David’s net worth is $150 million as of May 2024.

The Tehran-born adviser started his financial career with the Transamerica Corporation.

He founded a financial services marketing organization named PHP Agency in 2009 in Dallas, Texas.

The organization provides insurance products, including health insurance, annuities, and roll-overs.

Additionally, Patrick owns Valuetainment Media LLC and uses it to share his passion for business, educating an enormous number of young entrepreneurs.

Patrick Bet-David | Quick Facts

Let us have a look at Patrick Bet-David’s life.

Patrick Bet-David | Net Worth and Income

Speaking about his wealth, financial adviser Patrick has accumulated a staggering amount of money over the years.

Patrick Bet-David’s net worth is $150 million as of May 2024.

He has earned a significant chunk of fortune from his companies, including PHP Agency and Valuetainment Media LLC.

Patrick Bet-David’s founded company, PHP Agency, raised $10 million in Expansion Capital in 2017.

The capital was raised from a syndicate of private equity players, including Atalaya Capital, Gabriel Brener (CEO of Brener International Group), Oscar De La Hoya (retired champion boxer), and Ambina Partners.

Patrick Bet-David Net Worth in Different Currencies

Let us see what Patrick Bet-David’s net worth is in different currencies.

Patrick Bet-David | Houses & Cars

Houses

Patrick Bet-David’s net worth as of May 2024 is a whopping $150 million.

Everybody knows Patrick is super-rich, and there is no doubt that he lives lavishly.

Recently, in June 2021, the popular entrepreneur with his wife Jennifer C. Bet-David bought a lavish mansion for $20.4 million along the Intracoastal Waterway in Fort Lauderdale.

Bet-David bought the 10,436 square feet space home from Vincent E. Virga, CEO and the founder of a Fort Lauderdale-based technology company.

The mansion located at 141 Bay Colony was built in 2016 on 1.13 acres of space.

Currently, the new owner Patrick has updated the home with six bedrooms, seven and two half bathrooms, a fitness room, a media room, a putting green, and a summer kitchen.

Before moving to their new home, the duo resided in Plano, Texas. Not only Patrick and Jennifer but also eight staff of the Valuetainment media network were relocated to Fort Lauderdale.

Cars

The founder of the Valuetainment media network, Patrick Bet-Davis, always has big things to say about automobiles.

As of now, his favorite car seems to be the BMW i8. Clearly, the vehicle looks and feels futuristic. Also, Patrick said that he wanted to buy it right away once he saw it.

He owns other exotic cars, including Lamborghini Aventador. The man also loves electric vehicles. Without a doubt, it hints that Patrick is a huge car lover.

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Patrick Bet-David | Lifestyle and Vacations

Lifestyle

As of May 2024 Patrick Bet-David’s net worth is a staggering $150 million.

Patrick Bet-David was born on 18 October 1978 in Tehran, Iran.

Talking of his nearest and dearest, Bet-David’s parents were of Armenian and Assyrian descent.

However, the names of his parents and other family members, including his siblings, have not been disclosed yet. It looks like Patrick likes to keep his personal life off from his financial limelight.

In 1990, he moved to the United States from Germany and lived in Glendale, California.

Love stories are always adorable and fascinating for the audiences. A similar romantic tale happened in Patrick’s life where he fell in love with a girl and got married.

Patrick and his wife Jennifer Bet-David tied the knot in 2009 and have been together ever since. He met Jennifer all the way back in 2002.

Furthermore, the mesmerizing couple is proud parents to three children. The duo seems very happy with their two sons and a daughter.

Vacation

Even though Patrick is very open about his career, he seems a bit hesitant when it comes to giving his personal life information to the media. However the case, he seems to enjoy his vacations.

Because the entrepreneur bought a beautiful home along the Intracoastal Waterway in Fort Lauderdale, everything is pretty sure that Patrick enjoys his holidays over there with his family.

Though he hasn’t been all around the world enjoying holidays, Patrick Bet-David’s private property right along the waterway is perfect for taking breaks from his hectic work stress.

Patrick Bet-David | Charity

Honestly, Patrick Bet-David seems like a generous man and wants to give back to the community.

He has been giving very helpful career advice to young entrepreneurs all around the globe.

However, he has not established a big charity organization till now. He seems to be tight-lipped about his donations and charity events.

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Patrick Bet-David | Financial Advisor & Books

Financial Advisor

Financial advisor Patrick Bet-David owns Valuetainment Media LLC and other new media outlets, including Roku.

It is a company that created the Valuetainment channel on YouTube and syndicates motivational videos.

Moreover, the channel has more than 1.8 million subscribers on YouTube as of 2021.

Using his new media platform, Patrick shares his passion for business. He also encourages and educates upcoming entrepreneurs.

Besides, he has interviewed many high-achievers and entrepreneurs over his career as a financial advisor, including famous actor Kevin Hart to Wayne Gretzky.

Some other people he has interviewed include Kobe Bryant, John Calipari, Steve Wozniak, Magic Johnson, Ray Dalio, and Mark Cuban.   

Books

Besides his passion for business and advisory, Patrick also has a writing talent.

He has authored and published several books over the years. Some of the famous ones include Drop Out, The Life of an Entrepreneur in 90 Pages, Your Next Five Moves, and Get Schooled.

His books are mostly about entrepreneurship and his passion for business.

Clearly, he has earned a whole lot of money from his career as an author. As mentioned before, Patrick Bet-David’s net worth is $150 million.

Patrick Bet-David | Career

Talking about his career, Patrick Bet-David served in the 101st Airborne Division of the United States Army.

After getting discharged from the Army, he started his career in financial services with Morgan Stanley in the Transamerica Corporation.

In 2009, he founded PHP Agency, a marketing organization for financial services. The agency is centralized in Dallas, Texas.

Additionally, the PHP organization offers many insurance products, including 401k roll-overs, health insurance, and annuities.

The company hosted 8,000 attendees at a convention in 2019. On top, the convention had President George W. Bush and Kobe Bryant as guest speakers.

Three Facts About Patrick Bet-David

• Once, Google mistook Patrick’s career as an actor. The entrepreneur took the error to share on his Instagram and even joked about the whole matter, saying he loved to take it as an admiration.
• Patrick, escorted by his father, fleed out during the Iraq-Iran war in the late 80s. The duo resided in a refugee camp in Germany for almost two years and migrated to the United States.
• He speaks Assyrian, Armenian, and Farsi. English is actually his fifth language.

FAQs

What is Patrick Bet-David’s religion?

He had once stated that he is a believer in God. But he has never disclosed his religious preferences out to the media.

How long did Patrick Bet-David serve in the military?

Patrick served in the marines for eight years.

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