Dave Portnoy Net Worth: How Much Is Barstool Sports Boss Worth?
What is Dave Portnoy’s net worth? How much is the Barstool Sports boss worth nowadays?
Portnoy is arguably the most influential man on the internet today. Unlike most male influencers who are athletes, actors or musicians, Portnoy’s rise came as a byproduct of hard work and dedication in building up a media brand.
Portnoy’s current estimated net worth is somewhere between $100 million and $120 million.
His Barstool Sports publication started with a print newspaper, then went fully digital and was ultimately partially purchased by the Chernin Group. From there, thanks to Portnoy and Chernin’s hard work, it grew to the point where gambling company Penn National Gaming purchased a stake for $163 million.
Penn valued Barstool Sports at $450 million.
Portnoy is said to have taken much of his payment from Penn in stock. That means as the company grows and Barstool continues to evolve, he stands to get even richer.
With gambling gaining legal status in an increasing number of states over the next few years, it seems likely that Penn, Barstool and Portnoy will all be well positioned to cash in on this constantly-growing market.