When it comes to the business of Barstool Sports, Dave Portnoy is an absolute genius. The man could sell ice to an Eskimo, and he has the bank account to prove it. Dave Portnoy net worth forbes is $120 million as of 2022 (and growing). Now, I’m not saying that’s what Dave makes, but that’s a lot of money.
Who is Dave Portnoy?
You know him as the founder of Barstool Sports and the host of the popular interview series One Bite with Davey Pageviews. But who is Dave Portnoy? As it turns out, he’s a lot more than just a pizza reviewer.
Portnoy was born on March 22, 1977, in Swampscott, Massachusetts. He attended Swampscott High School and graduated in 1995.
After high school, Portnoy attended the University of Michigan, earning a degree in education from the School of Education in 1999.
According to his LinkedIn page, Portnoy worked for Dominos Pizza for four years after graduating. Then, in 2004, Portnoy launched Barstool Sports out of his apartment in Milton, Massachusetts.
Today Barstool is one of the most popular sports blogs on the internet, with millions of readers every month. The blog has since grown into a full-fledged media company with several verticals, including KFC Radio, Pardon My Take, Spittin’ Chiclets and more. In 2016, The Chernin Group purchased a majority stake in Barstool Sports.
How Much Money Does Portnoy Make Barstool Sports?
According to Forbes, Barstool Sports is worth $100 million, and Dave Portnoy is the sole owner.
Portnoy founded Barstool Sports in 2003 as a print publication that covered Boston sports. In 2007 he started a blog for the company and began producing online content. In September 2016, The Chernin Group bought a majority stake in the company for $10–$15 million.
According to Celebrity Net Worth, Dave Portnoy’s net worth is approximately $120 million.
Ultimately, the honest answer to the question seems to rest in this idea that Portnoy’s personality is what makes Barstool Sports so successful. If that’s true, then there may not be a definitive answer for how much money he’s making. After all, you can’t put a price tag on perceived value.
However, considering all of the metrics combined, it appears that Portnoy and Co. are generating a significant amount of revenue through Barstool Sport. Who knows how long it will be before they get purchased by one of their competitors? But even if they can continue growing at their current rate, companies looking to compete will quickly see how Barstool is dominating the content creation field and act accordingly with their bids. Eventually, Barstool Sport will be worth at least double what they paid for it and maybe even more than that because of the ever-growing power of social media marketing.