Patrick Bet David Net Worth 2024: Age, Bio, Wife, Height & Wiki Insights!
As of 2024, Patrick Bet David net worth is estimated to be around $350 million to $450 million.
Patrick Bet David is a successful entrepreneur, author, and the founder of Valuetainment, a media company focused on business education.
Known for his engaging videos and interviews, Patrick has built a strong online presence that attracts millions.
Born in Iran and later moving to the U.S., he started his career in the insurance industry before venturing into entrepreneurship.
His journey from humble beginnings to financial success inspires many aspiring business owners.
Patrick Bet David Net Worth & Income Sources
As of 2024, Patrick Bet-David’s net worth is estimated between $350 million and $450 million. This amount reflects a significant growth from earlier estimates of around $200 million.
The increase in his wealth comes from successful business activities. He sold his insurance company, PHP Agency, for about $300 million, yet he still holds a substantial share that continues to rise in value.
Income Sources
Patrick Bet-David’s wealth comes from several key income sources:
- Patrick founded PHP Agency in 2009. It has grown into a large financial services marketing organization.
- The company offers various insurance products such as annuities, health insurance, and 401k rollovers.
- As of 2023, PHP Agency has more than 27,000 agents across 49 states.
In addition to PHP Agency, Patrick invests in stocks and real estate. His investments help grow his net worth further by providing additional income streams and opportunities for growth in various markets.
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Patrick Bet David Biography
| Category | Details |
|---|---|
| Birthplace | Tehran, Iran |
| Birth Year | 1978 |
| Immigration to USA | 1990, at age 10 |
| Early Life | Lived in a refugee camp in Germany for 2 years before moving to the United States. Settled in Glendale, California. |
| Education | After high school, joined the U.S. military. |
| Military Service | Served in the 101st Airborne Division of the U.S. Army for 2 years. |
Early Life and Career Highlights
Patrick Bet-David was born in October 1978 in Tehran, Iran. At the age of ten, he and his family fled Iran during the Iranian Revolution.
They spent 18 months in a refugee camp in Germany before moving to the United States in November 1990. The family settled in Glendale, California.
After high school, Patrick joined the U.S. Army. He served for six years in the 101st Airborne Division. This experience helped shape his strong work ethic and determination to succeed.
Bet-David later founded PHP Agency, an insurance company, in 2009. The company grew rapidly and now has over 27,000 agents across 49 states.
His success with PHP contributed significantly to his estimated net worth of $350 million to $450 million.
In addition to PHP Agency, Bet-David made smart investments that boosted his wealth further. These investments include stocks and real estate that provide additional income streams.
Patrick Bet David Age, Height, Weight, and Physical Appearance
Patrick Bet-David was born in October 1978. As of 2024, he is 46 years old. Information about his height and weight isn’t available in the sources. Details regarding his physical appearance also remain unspecified.
He was born in Tehran, Iran. His family moved to the United States when he was 10 years old due to the Iranian Revolution. Patrick served for six years in the U.S. Army’s 101st Airborne Division.
He is married to Jennifer Bet-David, who works as the Executive Vice President of Operations at PHP Agency Inc.
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Patrick Bet David Wife and Relationship Status
Patrick Bet-David is married to Jennifer Bet-David. They tied the knot in 2009. Jennifer serves as the Executive Vice President of Operations at PHP Agency Inc., which Patrick founded.
Their professional partnership strengthens both their personal and business lives.
Together, they invest in real estate. One notable investment includes a waterfront home in Fort Lauderdale, Florida, purchased for $20 million.
This property showcases their commitment to building wealth together beyond just their careers in insurance and financial services.
Their relationship reflects a strong bond built on shared goals and mutual support, contributing to both their personal lives and business successes.
Personal Life & Family
Patrick Bet-David values his personal life and family. He married Jennifer Bet-David in 2009. Together, they work closely in their business ventures, strengthening both their personal and professional ties.
Jennifer serves as the Executive Vice President of Operations at PHP Agency Inc., contributing to the company’s growth.
The couple shares a strong commitment to building wealth together. They made headlines with their purchase of a $20 million waterfront home in Fort Lauderdale, Florida.
This property showcases their dedication to creating a secure financial future while enjoying life together.
Patrick and Jennifer’s partnership extends beyond business; they emphasize mutual support and shared goals.
Their teamwork plays an important role in their overall success, reflecting how strong relationships can lead to greater achievements in both life and work.
As parents, Patrick and Jennifer focus on providing a nurturing environment for their children.
They prioritize education and instill values that encourage hard work and determination—qualities that helped Patrick achieve his dreams after moving from Iran to the U.S.
This blend of family values with business ambition illustrates how Patrick Bet-David balances his roles as an entrepreneur and a family man successfully.
Conclusion
Patrick Bet-David’s remarkable journey from humble beginnings to a net worth of up to $450 million inspires many.
His achievements in entrepreneurship through PHP Agency and Valuetainment showcase his commitment to business education and empowering others.
Bet-David’s strategic investments further solidify his financial success, highlighting the importance of diversification in wealth accumulation.
Balancing his professional ambitions with strong family values demonstrates how personal relationships can enhance overall achievement.
Frequently Asked Questions
What is Patrick Bet-David’s net worth?
Patrick Bet-David’s net worth is estimated to be between $350 million and $450 million, a significant increase from earlier estimates of around $150 million.
How did Patrick Bet-David accumulate his wealth?
Bet-David primarily accumulated his wealth through the sale of PHP Agency, an insurance company he founded in 2009 for about $300 million. His ownership stake continues to grow and contribute to his financial success.
What is Valuetainment?
Valuetainment is a media company founded by Patrick Bet-David that focuses on business education. It serves as a platform for aspiring entrepreneurs to learn valuable lessons from his experiences.
Where was Patrick Bet-David born?
Patrick Bet-David was born in Tehran, Iran, in October 1978. He fled with his family during the Iranian Revolution and later moved to the United States.
How many agents does PHP Agency have?
PHP Agency has rapidly expanded and now boasts over 27,000 agents across 49 states, significantly contributing to Patrick Bet-David’s wealth.
Who is Jennifer Bet-David?
Jennifer Bet-David is Patrick’s wife and the Executive Vice President of Operations at PHP Agency Inc. They married in 2009 and collaborate on various investments together.
What values does Patrick prioritize in his family life?
Patrick emphasizes family values such as education, hard work, and determination. He aims to provide a nurturing environment for their children while balancing both personal life and entrepreneurial ambitions.
