Categories: Poker News
| Published On Jun 12, 2014 12:35 pm CEST  |  Updated on Aug 3, 2023 8:15 am CEST | By Daniel Allermand

What is Phil Ivey’s Net Worth?

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Phil Ivey is probably one of the most famous poker players in the world. His name was broadcasted across the globe in the early 2000’s, when World Poker Tour showed final tables from events all across the world. Phil Ivey, along with guys like Gus Hansen and Phil Hellmuth, was one of the guys who were a frequent at those tables and thus became super famous. But what is Phil Ivey’s net worth?

How much is Phil Ivey worth?

But despite being famous and being shown in both tabloid papers both online and in stores, nobody really seem to know what Phil Ivey’s net worth is. Let’s have a look at what it is that makes Ivey such a personality that people wants to follow as well as trying to get a better insight to how much money he has actually made with poker over the years.

But why is it that we care about how much money guys like Ivey has made from poker? Deep down it must be that money fascinates the most of us and we probably all dream of being able to make the same amounts of money doing the hobby that we love. So despite Ivey’s bad press lately, which includes a law suit with Borgata over allegedly having cheated in crabs, Ivey is still one of the most adored poker characters in the industry.

Net Worth Phil Ivey

Phil Ivey is a professional poker player with an estimated net worth of over $100 million. He is considered to be one of the greatest poker players of all time, having won 10 World Series of Poker bracelets and one World Poker Tour title. Ivey has also had success in high-stakes cash games and is known for his aggressive playing style. He has been named the “Player of the Year” by the World Series of Poker and the World Poker Tour. Despite his success, Ivey has been involved in several legal disputes related to his gambling activities. Despite that, his net worth continues to be a result of his successful career as a professional poker player and his reputation as one of the most skilled and successful players in the game.

How much did Phil Ivey make?

According to various sources, Phil Ivey’s total live tournament earnings exceed $26 million, making him one of the most successful poker players of all time. He has won 10 World Series of Poker bracelets and one World Poker Tour title, and has also had success in high-stakes cash games. However, his net worth is considered to be over $100 million, that’s including his earning from his other business ventures, sponsorships, and other sources of income. It’s worth noting that these are estimates and figures can vary due to many factors such as market conditions, taxes and other expenses.

How is Phil Ivey so rich?

Phil Ivey has accumulated a significant amount of wealth through his successful career. He has won over $26 million in live tournament prize money, which is one of the highest among all poker players. He has also won 10 World Series of Poker bracelets and one World Poker Tour title, which are considered to be the most prestigious awards in the poker world. Additionally, Ivey has had success in high-stakes cash games, which can generate significant income for skilled players.

Furthermore, Phil Ivey has also made money through various business ventures such as sponsorships, endorsement deals (such as Ethereum-based Virtue Poker), and other investments. He has also been involved in various other ventures such as a training site. All these revenue streams have contributed to his net worth, which is estimated to be over $100 million.

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It’s worth noting that these are just estimates and figures can vary due to many factors such as market conditions, taxes and other expenses. But it’s clear that Phil Ivey has used his exceptional skills in poker and his ability to capitalize on business opportunities to accumulate significant wealth.

Is Phil Ivey a Genius?

Phil Ivey is widely considered to be one of the greatest poker players of all time, known for his exceptional skill and ability to consistently perform at a high level. He has won 10 World Series of Poker bracelets and one World Poker Tour title, and has also had success in high-stakes cash games. He is known for his aggressive playing style and his ability to read and outplay his opponents. He is also known for his ability to adapt to different games and formats, which is a key factor in his success.

It’s important to note that being a genius is a subjective term, and it can be defined in many ways. However, if we’re talking about someone who has a high level of intelligence and abilities in certain areas, then Phil Ivey could be considered a genius in the realm of poker. His ability to understand the game and make decisions quickly, his ability to adapt to different situations, and his ability to read his opponents are all skills that are considered to be the hallmarks of a poker genius.

What is Phil Ivey’s IQ?

IQ, or intelligence quotient, is a measure of cognitive abilities, such as problem-solving and reasoning. It’s usually measured through standardized tests. IQ is not related to how much money someone makes or how successful they are in their chosen field. Phil Ivey is known for his exceptional skills in poker and his ability to consistently perform at a high level, but it’s impossible to know his IQ score without taking a test or him disclose it.

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Who is the richest poker player?

As of 2021, the richest poker player is considered to be Daniel Negreanu. He has won over $42 million in live tournament prize money, and has accumulated wealth through various means including his winnings, sponsorships, and other business ventures. He has won six World Series of Poker bracelets and two World Poker Tour titles. He is also known for his popular YouTube channel, where he shares tips and strategies for poker players of all skill levels, and his successful training site, Poker VT. Negreanu’s net worth is estimated to be over $150 million. However, it’s worth noting that net worth of players can change and it’s difficult to know exact figures as they don’t have to disclose their wealth, and also wealth can fluctuate with market conditions.

The ‘Tiger Woods of Poker’

Phil Ivey, often labeled the ‘Tiger Woods of Poker,’ is a phenomenon in the poker world. His poker journey began in Atlantic City using a fake ID under the name “Jerome.” Now, Ivey has secured his position at the top of the poker food chain with numerous live tournament wins, an impressive record in high-stakes poker, and an unwavering focus that’s hard to match.

Phil Ivey’s Wins

Over the years, Ivey has demonstrated his poker prowess repeatedly. With ten World Series of Poker (WSOP) bracelets to his name, he is on par with poker legends like Johnny Chan and Doyle ‘Texas Dolly’ Brunson. Just like Amarillo Slim, Ivey has shown remarkable versatility, winning bracelets in multiple poker variants. In addition, Ivey has clinched a World Poker Tour title, demonstrating his adaptability to different tournament structures and proving his mettle in high-stakes poker.

Ivey’s Digital Playground

While his live tournament successes are plentiful, Ivey also maintains a robust presence in online poker. Playing poker online has allowed Ivey to engage in numerous cash games, raking in significant earnings and contributing to his rising net worth. Moreover, his command over the digital poker game enables him to keep his skills sharp and adapt to a rapidly evolving poker landscape.

The Budding Ivey Foundation

Outside the poker world, Ivey is also known for his philanthropic efforts through the Budding Ivey Foundation. Established to offer underprivileged children a better future, the foundation reflects Ivey’s commitment to giving back to the community, proving he’s more than just a poker player.

To Sum Up

Estimates suggest Ivey’s net worth is close to $100 million, a staggering sum accumulated from poker wins, both offline and online. His net worth continues to climb with every final table he graces, every poker bracelet he wins, and every high-stakes game he dominates.

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Whether he’s going head-to-head against poker giants like Daniel Negreanu or working at his former job at a telemarketing firm, Ivey’s drive to succeed is undeniable. From his humble beginnings as ‘home Jerome’ to becoming a household name, Ivey’s journey serves as an inspiration for all aspiring players who wish to play poker at the highest level. His ability to consistently perform at such a level solidifies his standing as a true poker legend.

Daniel Allermand

Daniel Allermand is a freelance writer, with more than 14 years of experience in the industry as an operator, affiliate and poker player. Daniel has decided it was time to try and bring more coverage about the industry to the general public by writing articles about everything from poker to casino.