What is Patrick Bet-David's net worth and salary?
Patrick Bet-David is an American entrepreneur, author and financial adviser who has a net worth of $350 million. Patrick Bet-David is the founder of Valuetainment Investments Group LLC and PHP Agency.
Born in Iran in 1978, Bet-David and his family fled to the United States during the Iranian Revolution when he was just 10 years old. He served in the U.S. Army for six years and later worked in the financial services industry before becoming an entrepreneur.
In 2009, Bet-David founded PHP Agency, a financial services marketing organization that has grown into a multimillion-dollar company with thousands of agents across the United States. He has since become a sought-after speaker and has authored several books, including "The Life of an Entrepreneur in 90 Pages," "Dropping Bombs," and "Your Next Five Moves."
Bet-David is also known for his popular YouTube channel, Valuetainment, which features interviews and educational content on entrepreneurship, business, and personal development. The channel has amassed millions of subscribers and has become a go-to resource for aspiring entrepreneurs.
In addition to his entrepreneurial and media ventures, Bet-David is a philanthropist and has donated to various charities and causes, including 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.
Early Life
Patrick Bet-David was born in Tehran, Iran in October 1978. He came to the United States in 1990, settling in Glendale, California. He then served in the 101st Airborne Division of the United States Army.
PHP Agency
After being discharged from the Army, Bet-David started his financial services career with Morgan Stanley and the Transamerica Corporation.
Patrick Bet-David founded PHP Agency in 2009, a financial services marketing organization that offers insurance products including annuities, health insurance, and 401k roll-overs. PHP agency is headquartered in Dallas, Texas.
In 2017 the company raised $10 million in Expansion Capital from a syndicate of private equity players including; Atalya Capital, Gabriel Brener (CEO of Brener International Group and Owner of the Houston Dynamo MSL soccer team), Oscar De La Hoya (retired champion boxer, Olympic gold medalist, boxing promoter and owner of the Houston Dynamo MLS soccer team) and Ambina Partners. At a convention in 2019, PHP hosted 8,000 attendees and had Kobe Bryant and President George W. Bush as guest speakers.
Image supplied by Patrick Bet-David's agency, Valuetainment Media LLC
Valuetainment
Patrick Bet-David also owns Valuetainment Media LLC, a company that creates and syndicates the Valuetainment channel on YouTube and other new media outlets (Roku, etc.). Valuetainment has over 1.8 million subscribers on YouTube. Patrick uses his new media platform to share his passion for business while he educates & encourages tomorrow's entrepreneurs. Bet-David has interviewed entrepreneurs and high-achievers including President George W. Bush, Kevin Hart, Ray Dalio, Kobe Bryant, Mark Cuban, Steve Wozniak, Wayne Gretzky, Magic Johnson, John Calipari among others.
Personal Life
Patrick and his wife Jennifer have been married since 2009. Jennifer Bet-David serves as the Executive Vice President of Operations at PHP Agency Inc.
Fort Lauderdale Mansion
In June 2021 Jennifer and Patrick Bet-David paid $20.4 million for a waterfront home in Fort Lauderdale, Florida. The sale set a record for the area. The 10,400 square foot mansion features six bedrooms and 9 bathrooms. The property spans 1.1 acres of land on a waterfront corner, allowing for 800 feet of water frontage, a 65 foot boat slip, putting green, private beach and saltwater lap pool.
