Reported 9 months ago
Dave Portnoy, founder of Barstool Sports, started from a four-page print publication and grew it into a booming media empire. His net worth was around $100 million in 2020, later estimated at $150 million by mid-2024. Portnoy made his wealth mainly from the sale of Barstool Sports to Penn National Gaming. He became known for his Davey Day Trader live streams where he shares his investment strategies, even using unique methods like randomly picking stock symbols. Portnoy also invests in various companies and owns interests beyond Barstool, like in the social media platform Rumble, while enjoying sports betting, real estate investments, and luxury properties like a $42 million home on Nantucket Island.
Source: YAHOO