Phil Ivey Net Worth

What is Phil Ivey’s Net Worth?

Phil Ivey, an American professional poker player, has a net worth of $100 million. He is widely regarded as the greatest all-around player in the world. With an impressive career and numerous accolades, Ivey’s net worth continues to grow.

Highlights

– Ten World Series of Poker bracelets
– World Poker Tour title
– Inducted into the Poker Hall of Fame in 2017

Early Life

Born on February 1, 1977, in Riverside, California, Phil Ivey moved with his parents to Roselle, New Jersey at a young age. He attended Old Bridge High School, where he first discovered his passion for poker. Using a fake ID card, Ivey started playing in Atlantic City during his teenage years. Additionally, while working at a telemarketing company as a young adult, he honed his poker skills by playing against his colleagues.

Career

Phil Ivey’s career in poker has been nothing short of remarkable. He joined the World Series of Poker in 2000 and quickly made a name for himself by winning his first bracelet that year in Pot Limit Omaha. In the following years, Ivey achieved significant milestones, including tying the record for the most World Series tournament victories in a single year by claiming three bracelets in 2002.

Over his career, Ivey has won numerous high-profile tournaments and competed in various poker events worldwide. Notably, he has made it to the final table nine times on the World Poker Tour, achieving his first title at the LA Poker Classic in 2008. Additionally, he has participated in other tournaments such as the Monte Carlo Millions and the European Poker Masters.

Personal Life

Ivey married his wife Luciaetta in 2002 but divorced in 2009. Beyond poker, he is a passionate sports fan, supporting teams like the Los Angeles Lakers, Buffalo Bills, and Houston Rockets. In his free time, Ivey enjoys playing golf and video games. He currently resides in Las Vegas.

Net Worth Over Time

Phil Ivey’s net worth has experienced significant growth throughout his successful career in poker. Estimated at $100 million, his wealth is a result of his tournament earnings, including over $19.5 million in live tournaments. Additionally, Ivey is rumored to have won tens of millions more from private games.

Components of Net Worth

Ivey’s net worth encompasses various factors, such as his tournament winnings, cash games, and online poker successes. He has earned millions from both live events and private games, cementing his position as one of the wealthiest professional poker players in the world.

In addition to his poker career, Ivey has also ventured into philanthropy. He donated $50,000 to the Las Vegas charity Empowered 2 Excel in 2008 and subsequently founded the Budding Ivey Foundation, a non-profit named after his grandfather. Furthermore, Ivey established the online poker application Ivey Poker and the poker training site Ivey League.

In conclusion, Phil Ivey’s net worth of $100 million reflects his tremendous success in the world of professional poker. With his remarkable achievements, including multiple World Series of Poker bracelets and a World Poker Tour title, Ivey has solidified his place among the greatest poker players of all time. As his career continues to thrive, his net worth is expected to grow even further.

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