Patrick Bet David Net Worth: Age, Wife & Income Sources
Patrick Bet David net worth is $350 million. He has accumulated wealth from several successful ventures, with his main income source being PHP Agency, the financial services company he founded in 2009. Bet-David also earns from his Valuetainment media platform, where he shares business insights, interviews high-profile guests, and produces educational content.
In addition to his businesses, Patrick has written multiple bestselling books and engages in public speaking. He also invests in real estate, further growing his wealth. Bet-David lives a life of luxury, often showcasing his success through social media, where he shares glimpses of his mansion and high-end lifestyle.
Patrick Bet David Wiki
Full Name | Patrick Bet-David |
Gender | Male |
Profession | Entrepreneur, Author, Financial Adviser, YouTuber |
Net Worth | $350 million |
Date of Birth | October 18, 1978 |
Place of Birth | Tehran, Iran |
Age | 46 years old (as of 2024) |
Zodiac Sign | Libra |
Nationality | American |
Education | Attended Glendale Community College, but did not complete a degree. |
Parents | Not widely publicized |
Siblings | Has one brother |
Spouse | Jennifer Bet-David (married in 2009) |
Kids | 3 |
Patrick Bet David Net Worth
Patrick Bet David has a net worth of $350 million. He made his fortune as an entrepreneur, author, and financial advisor. Bet-David is best known for founding PHP Agency, a company that helps people with financial services like insurance, annuities, and retirement plans. He also runs Valuetainment, a YouTube channel where he shares business advice and interviews successful people. His channel has millions of subscribers.
Besides his businesses, Bet-David has written several popular books, such as The Life of an Entrepreneur in 90 Pages and Your Next Five Moves. He also earns money from speaking engagements, investments, and other ventures. Over the years, his hard work and smart decisions have helped him build a large fortune.
Patrick Bet David Net Worth Growth Rate
Here’s a table outlining the growth rate of Patrick Bet-David net worth over the years:
Year | Net Worth | Key Milestones |
2009 | 0 | Founded PHP Agency after leaving the Army and working in finance. |
2014 | $20 Million | PHP Agency grew rapidly, attracting more agents and business opportunities. |
2017 | $50 Million | PHP Agency raised $10 million in expansion capital. |
2020 | $150 Million | Valuetainment became a popular channel with millions of YouTube subscribers. |
2023 | $350 Million | Net worth increased due to success in multiple ventures, including Valuetainment, books, and PHP Agency. |
How Patrick Bet-David’s Builds Her Wealth?
Here’s a more detailed explanation of each income source:
PHP Agency
Patrick Bet-David’s company, PHP Agency, is a major income source. The company helps people with insurance, health plans, and retirement services. Bet-David earns money as the founder, and the company makes millions through its network of agents across the U.S. By training and supporting these agents, PHP generates significant revenue, making it a key part of his overall wealth.
Valuetainment (YouTube Channel)
Valuetainment is Patrick’s YouTube channel that brings in income through ads and sponsorships. With millions of subscribers, the channel generates ad revenue each time someone watches a video.
Additionally, companies pay for sponsored content and promotions, adding to Patrick’s earnings. His channel also sells merchandise, creating another income stream by offering products to his audience.
Books Publications
Patrick & is the author of several popular books, like The Life of an Entrepreneur in 90 Pages and Your Next Five Moves. Every time someone buys one of his books, he earns royalties. These books provide valuable business advice, and as more people read them, Patrick continues to earn from their sales. Writing books adds a steady flow of income to his wealth.
Public Speaking & Conferences
Patrick Bet-David earns money by speaking at events, conferences, and seminars. He shares his knowledge of business, entrepreneurship, and personal growth. Speakers like Patrick are paid fees for their time and insights, especially when attending high-profile events. His speaking engagements are an important way for him to spread his message while increasing his income.
Investments
Bet-David has invested in real estate, stocks, and other assets. One of his major investments is a $20 million mansion in Florida. By making smart financial choices, like owning real estate and possibly stocks, he gains returns over time. These investments grow his wealth and provide him with a steady income stream outside of his businesses.
Media & Partnerships
Through his company Valuetainment Media, Patrick produces content, which generates income through syndication, ads, and partnerships. Valuetainment’s media projects, including video content and brand collaborations, provide additional income. Patrick’s business partnerships also contribute to his wealth as he works with other successful entrepreneurs and media outlets. This multiplies his revenue sources and keeps his earnings growing.
Patrick Bet-David: Early Life and Education
Patrick Bet-David was born on October 18, 1978, in Tehran, Iran, during a difficult time—the Iranian Revolution. In 1989, when he was 10 years old, Patrick and his family had to leave Iran due to the Iran-Iraq War. They first lived in a refugee camp in Germany for a while before moving to the United States, where they settled in Glendale, California.
Patrick graduated from Glendale High School and later joined the U.S. Army, serving in the 101st Airborne Division. In his early years, Patrick lived a wild lifestyle, often partying. He also briefly worked as a bodyguard for a drug dealer in Los Angeles, an experience that shaped his views on life.
After his time in the Army, Patrick reconnected with an old friend who introduced him to Christianity. Initially an atheist, Patrick started attending Bible studies. Over time, he changed his beliefs, and after about a year and a half, he fully embraced Christianity. This personal transformation was a turning point in his life, leading him to pursue a new direction.
Patrick Bet-David’s Career Journey
Here’s a breakdown of Patrick Bet-David’s career year by year:
2001-2009: Morgan Stanley Dean Witter and Transamerica
- 2001: Patrick was hired by Morgan Stanley Dean Witter as a financial advisor, just before the 9/11 attacks. His Army background and strong desire for sales impressed the branch manager.
- 2001-2009: He worked for Transamerica for nearly 8 years. During this time, Patrick realized he didn’t want to climb the corporate ladder at a bank or insurance company.
2009-Present: PHP Agency Inc and Valuetainment
PHP Agency Inc (2009-Present)
- 2009: Patrick founded PHP Agency (People Helping People) in Northridge, California. The company started small with a few employees.
- Present: PHP has grown into a major financial services firm with over 14,000 agents in 49 U.S. states and Puerto Rico. The company specializes in life insurance and focuses on entrepreneurship and personal development within its workforce.
Valuetainment (2012-Present)
- 2012: Patrick launched the Valuetainment YouTube channel. Initially, he shared his business philosophies and life lessons.
- 2015: His video “The Life of an Entrepreneur in 90 Seconds” went viral, giving a huge boost to his online presence.
- Today: Valuetainment has expanded into a media company with 115 employees and features high-profile guests like Kobe Bryant, Dwayne “The Rock” Johnson, and Mark Cuban.
Real Estate Investments (2024)
- 2024: Patrick expanded into real estate, purchasing a $25 million mixed-use project in Broward County, Florida. This project includes both residential and commercial spaces.
Political Commentary (2024)
- Patrick ventured into political commentary with the PBD Podcast. He has hosted high-profile figures like Donald Trump and Piers Morgan, and his political views have sparked both praise and controversy.
- July 2024: He suggested that Donald Trump return to his 2016 campaign messaging, focusing on the American Dream to appeal to Independent voters.
Criticism and Controversy
- Multilevel Marketing Criticism: Patrick’s company, PHP Agency, has faced criticism for its MLM (Multi-Level Marketing) business model. While it’s not a pyramid scheme, critics argue it relies more on recruiting agents than selling insurance.
- Controversial Podcast Guests: His podcast has been criticized for hosting controversial figures and promoting conspiracy theories. Some critics say it gives a platform to figures who spread hate speech or bigotry.
Patrick Bet-David’s Yankees
- Patrick also owns a minority stake in the New York Yankees, one of the most famous sports teams in the world.
Patrick Bet-David’s Books
Here’s a list of Patrick Bet-David’s books:
- The Next Perfect Storm (2012)
- Focuses on the economic and financial challenges facing businesses and individuals, offering strategies to navigate difficult times.
- Doing the Impossible: The 25 Laws for Doing the Impossible (2012)
- A guide to achieving success against all odds, with 25 principles that Patrick believes are key to accomplishing the impossible.
- The Life of an Entrepreneur in 90 Pages: There’s An Amazing Story Behind Every Story (2016)
- A short, powerful read about the journey of an entrepreneur, sharing Patrick’s personal experiences and lessons learned in business.
- Drop Out and Get Schooled: The Case for Thinking Twice About College (2017)
- This book challenges traditional ideas about education, encouraging readers to consider alternative paths to success outside of college.
- Your Next Five Moves: Master the Art of Business Strategy (2020)
- A business strategy book that outlines how to think five steps ahead, just like chess, to create success in business and life.
- Choose Your Enemies Wisely: Business Planning for the Audacious Few (2023)
- Focuses on how to strategically choose the right challenges and competitors in business, and how this can help drive your success.
- The Academy (2024)
- A recent release that explores the mindset, tools, and tactics needed to succeed in today’s competitive world of business.
These books reflect Patrick’s entrepreneurial mindset, offering advice on personal development, business strategy, and unconventional thinking.
Patrick Bet-David Family Roots
Patrick Bet-David was born to Assyrian parents in Tehran, Iran, in 1978. His family was significantly impacted by the political turmoil during the Iranian Revolution and the Iran-Iraq War. As a result, they fled Iran and eventually settled in the United States in 1989, after spending time in a refugee camp in Germany.
Patrick has spoken about how his family’s journey shaped his work ethic and outlook on life. He is one of several siblings, although details about his brothers and sisters are not widely shared. His family background, marked by hardship and resilience, has played a big role in his determination to succeed in life.
Patrick Bet-David’s Personal Life: Wife and Children
Patrick Bet-David is married to Jennifer Bet-David, who has been his partner since 2009. Jennifer plays a significant role in their business ventures, serving as the Executive Vice President of Operations at PHP Agency. Together, they have built a strong family and professional foundation.
The couple has children, though they prefer to keep details about their kids private. Patrick often shares how his family supports and motivates him in his work and personal life, emphasizing the importance of family in his journey to success. The couple’s close bond and shared vision have contributed to their success both at home and in business.
Patrick Bet-David Political Party
Patrick Bet-David does not publicly align himself with any specific political party. He is known for his independent and often pragmatic approach to politics. Through his PBD Podcast, he frequently discusses political issues, often interviewing high-profile figures from both sides of the political spectrum, including Donald Trump and Piers Morgan.
Patrick has expressed views that focus on individual responsibility, entrepreneurship, and economic freedom. While he leans towards conservative views on many issues, particularly around business and personal development, he emphasizes the importance of understanding various perspectives and taking a more nuanced approach to political discussions.
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FAQs
Q. What is PHP Agency?
PHP Agency is a financial services marketing company founded by Patrick in 2009, offering life insurance and other financial products.
Q. Does Patrick Bet-David have a podcast?
Yes, Patrick hosts the PBD Podcast, where he discusses business, politics, and personal development with various guests.
Q. What books has Patrick Bet-David written?
Patrick has authored several books, including “The Life of an Entrepreneur in 90 Pages”, “Your Next Five Moves”, and “Choose Your Enemies Wisely”.