American entrepreneur and investment advisor Patrick Bet-David was born on October 18th, 1978. He and his family left Iran when he was 10 years old, while the country was at war. After finishing high school, Bet-David used to enlist in the 101st Airborne Division.
David decided to take his interest in finance further in 2009 when he founded the P.H.P. Agency. Bet-David also established the media company Valuetainment, through which he advocated for business ownership and self-improvement.
Patrick Bet David Net Worth
In the insurance industry, Patrick Bet-David is well-known as the CEO and founder of PHP. You may, however, be familiar with him from his videos on YouTube, in which he offers advice to aspiring business owners.
It’s worth noting that Patrick Bet-David has a $200 million fortune despite not having completed formal education beyond high school. He was a small lad when he and his family fled war-torn Iran. After working for a while, he decided to try his hand at business ownership.
How Patrick Bet-David Earned His First $148?
Bet-David, his mom, and his sister emigrated to Germany on July 15th, 1989. It was the first time he had ever been separated from his father, and the two years they spent in the refugee camp were the first time he had to get by without a father figure.
There, he met and became close with fellow refugees from Yugoslavia, the Czech Republic, Poland, and Albania. Bet-David had a thing for Katarina, the gorgeous sister of Jan Staff, the entrepreneur’s greatest friend and confidante.
Staff desired the new Super Nintendo game that was coming out, and Bet-David reasoned that if he got it for him, Staff might let him go out with Katarina. Earning it by maintaining the pool was the most practical option.
Bet-David had seen a large number of individuals congregating near it, consuming beer, and then abandoning the area in a shambles. As a result, he asked the proprietor if he could get a job picking up the bottles and was told yes.
The shopkeeper would sell bottles to the entrepreneurial youngster for five pfennige ($0.0059). Bet-David managed to earn $148 (or 250 Deutsche Marks) in a month by collecting 5,000 bottles. He gave his friend Staff a Super Nintendo, and in exchange, he was able to play Katarina.
Patrick Bet-David’s Money-Making Secrets
At age 10, Patrick Bet-David started his career as an entrepreneur by cleaning pools for a dollar. He was driven to succeed by his passion and ambition from an early age.
He made an annual salary of $65,000 as a financial counselor at Morgan Stanley. Following his departure from his previous position, Patrick established Valuetainment, a media company.
Author of many New York Times bestsellers, Patrick also created the audio series The Bet-David Show, which has over 3.5 million followers on Instagram. Additionally, he has had the likes of Kobe Bryant and Wayne Gretzky on his show as guests and interviewees.
Patrick’s ambition paid off in 2017 when he was able to raise $10 million in funding for his financial services marketing firm. He started with nothing and now has a wealth of $200 million.
Patrick Bet-David: A Look at His Business and Investment Ventures
St. Patrick Bet-David’s business ability is legendary, but he also has a keen eye for investment opportunities. He started the financial education platform PHP Agency and Valuetainment after a prosperous career in the financial services industry. He has a diversified portfolio that includes equities, real estate, automobiles, and digital currencies.
His experience in the military and his education have given him a solid foundation from which to make wise financial decisions. He has attracted the interest of multibillionaire Mark Cuban and financial powerhouse Morgan Stanley.
Valuetainment: Inspiring Future Business Leaders with Interviews of Legends and Achievers
Patrick Valuetainment Media LLC, which produces and distributes the Valuetainment channel on YouTube and other streaming platforms (Roku, etc.), is also owned by Bet-David. Valuetainment has amassed more than 1.8 million YouTube subscribers.
With his online presence, Patrick hopes to inspire and inform business leaders of the future. President George W. Bush, Kevin Hart, Ray Dalio, Kobe Bryant, Mark Cuban, Steve Wozniak, Wayne Gretzky, Magic Johnson, and John Calipari are just some of the entrepreneurs and achievers who have been interviewed by Bet-David.
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