Patrick Bet David Net Worth in 2024 – Age, Height, Spouse, and Bio
Patrick Bet-David’s net worth is estimated to be around $350 million. He’s a successful entrepreneur, author, and motivational speaker known for his work in the insurance industry and as the founder of Valuetainment, a popular media company.
Born in Iran and later moving to the United States, Patrick built his career from scratch. His engaging videos and insightful content have inspired many aspiring business owners and leaders. With a strong social media presence, he shares valuable lessons on entrepreneurship and personal growth that resonate with a wide audience.
Net Worth and Income Sources
Patrick Bet-David’s net worth is estimated between $350 million and $450 million as of 2024. This significant wealth comes from several successful business ventures.
PHP Agency
Bet-David founded PHP Agency in 2009. PHP stands for People Helping People, and it focuses on financial services. The company offers products such as insurance, annuities, health insurance, and 401(k) roll-overs. Since its founding, the company has seen great growth with thousands of agents across the U.S. In a notable sale, he sold a large part of PHP for around $300 million, but he still retains a stake in the business.
Valuetainment
He also created Valuetainment, a media brand that includes a popular YouTube channel with over 1.8 million subscribers. Valuetainment shares content about entrepreneurship, business tips, and personal development. This platform brings in income through advertising deals, sponsorships, and affiliate marketing efforts.
Both PHP Agency and Valuetainment show how Patrick Bet-David built his wealth by focusing on helping others while sharing valuable information through various platforms.
Wiki Biography
Category | Details |
---|---|
Name | Patrick Bet-David |
Net Worth | Estimated between $350 million and $450 million |
Birth Date | October 1978 |
Birth Place | Tehran, Iran |
Immigration Year | 1990 |
Age at Immigration | 10 years old |
Education & Service | Served in the 101st Airborne Division of the U.S. Army for six years |
Career Start Year | Started in financial services after leaving the Army |
First Companies | Morgan Stanley and TransAmerica |
Founded PHP Agency | In 2009, headquartered in Dallas, Texas |
Company Focus | Offers insurance products like annuities, health insurance, and 401(k) roll-overs |
Company Sale Value | Sold part of his company for about $300 million |
Total Companies Owned | Owns eight companies |
Investments Included | Stocks, cash, and real estate |
Patrick Bet-David is a successful entrepreneur known for his work in financial services. He built PHP Agency into a large business with many agents across the United States. His media company Valuetainment shares helpful content about business and personal growth. Patrick’s story shows how hard work can lead to great success.
Early Life and Education
Patrick Bet-David was born in October 1978 in Tehran, Iran. His family fled Iran during the Iranian Revolution, moving to Glendale, California, when he was 10 years old. Before settling in the U.S., they spent time in a refugee camp in Germany.
After finishing high school, Patrick joined the U.S. Army and served for six years in the 101st Airborne Division. This military experience shaped his work ethic and leadership skills, which later contributed to his success as an entrepreneur and public figure.
Professional Journey and Career Highlights
Patrick Bet-David’s professional journey showcases his rise in the financial services industry and entrepreneurship.
Early Life and Education
- Born in Tehran, Iran in October 1978, Patrick’s family fled to the United States during the Iranian Revolution when he was 10 years old. They settled in Glendale, California.
- He served for six years in the 101st Airborne Division of the United States Army, gaining valuable skills that contributed to his later success.
Financial Services Career
- After military service, Patrick started his career with companies like Morgan Stanley and Transamerica Corporation.
- He switched to sales within financial services, realizing its potential. His efforts led him to earn over $400,000 annually.
PHP Agency Founder
- In 2009, he founded the PHP Agency, a marketing company focusing on insurance products, annuities, health insurance, and 401(k) rollovers. The agency has grown into a multimillion-dollar business with thousands of agents across the U.S.
- Patrick sold a large portion of PHP for around $300 million, yet retained a stake in it.
- He also owns Valuetainment Media LLC, which includes a YouTube channel with over 1.8 million subscribers. This platform generates income through advertising deals and sponsorships.
- Valuetainment shares content about business tips and personal development, inspiring many future entrepreneurs.
Patrick Bet-David’s achievements highlight hard work, focus on growth, and dedication to helping others succeed through education and resources.
Age, Weight, Height, and Physical Attributes
Patrick Bet-David was born in October 1978, making him 45 years old as of October 2024. The available sources do not provide specific details about his weight, height, or other physical characteristics. Most information focuses on his business success and financial strategies rather than personal attributes.
For those interested in his achievements, Patrick gained recognition as an entrepreneur and founder of Valuetainment. His work in the insurance industry significantly contributed to his wealth and influence. Despite the lack of physical details, Patrick’s accomplishments highlight a strong presence in the business world, emphasizing skills over appearance.
Spouse and Relationship Status
Patrick Bet-David is married to Jennifer Bet-David. They tied the knot in 2009 and have built a strong partnership over the years. Jennifer plays an important role as the Executive Vice President of Operations at PHP Agency Inc., contributing significantly to its success.
In 2021, the couple made headlines when they purchased a stunning waterfront home in Fort Lauderdale, Florida, for $20.4 million. This purchase set a record for that area, showcasing their financial achievements and lifestyle choices. Together, Patrick and Jennifer continue to support each other’s professional pursuits while raising their family.
Social Media Profiles
Platform | Profile |
---|---|
YouTube | Valuetainment |
Patrick Bet-David | |
@patrickbetdavid | |
@patrickBetsDavid | |
Patrick Bet-David |
Patrick Bet-David shares his thoughts and ideas on various topics through these social media platforms. He often posts motivational content and business advice, helping many people learn about entrepreneurship.
Conclusion
Patrick Bet-David’s remarkable journey from a young immigrant to a successful entrepreneur and motivational speaker exemplifies the power of resilience and ambition. His net worth growth reflects not just financial success but also his commitment to empowering others through education and resources. As he continues to inspire millions via social media and his Valuetainment platform, Patrick’s influence in the business world remains significant. With numerous ventures under his belt and a dedication to personal development, he sets a strong example for aspiring entrepreneurs everywhere.
Frequently Asked Questions
What is Patrick Bet-David’s net worth as of 2024?
Patrick Bet-David’s net worth is estimated to be between $350 million and $450 million in 2023, a significant increase from around $150 million in previous years.
Where was Patrick Bet-David born?
Patrick Bet-David was born in Tehran, Iran, in October 1978. He immigrated to the United States with his family in 1990 after fleeing Iran during the Iranian Revolution.
What companies did Patrick Bet-David work for before starting his own?
Before founding his own company, Patrick worked at Morgan Stanley and TransAmerica, where he focused on sales and earned over $400,000 annually.
What is PHP Agency?
PHP Agency is a financial services marketing company founded by Patrick Bet-David in 2009. It specializes in insurance products, annuities, health insurance, and retirement planning.
How many subscribers does Valuetainment have on YouTube?
Valuetainment has over 1.8 million subscribers on its YouTube channel. The channel focuses on entrepreneurship and personal development content.
Who is Jennifer Bet-David?
Jennifer Bet-David is Patrick’s wife and serves as the Executive Vice President of Operations at PHP Agency Inc. They married in 2009 and support each other’s professional endeavors.
How old is Patrick Bet-David as of October 2024?
As of October 2024, Patrick Bet-David is 45 years old. His achievements highlight his hard work and dedication to success rather than physical attributes.
What kind of content does Valuetainment produce?
Valuetainment produces content focused on entrepreneurship, business tips, personal development, and motivational advice aimed at aspiring business owners and leaders.