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Phil Ivey Net Worth

Phil Ivey Net Worth

How much is Phil Ivey net worth?

Introduction

Phil Ivey is a professional poker player from Riverside, California. Known as “The Tiger Woods of Poker,” Ivey is widely regarded as one of the best poker players in the world. With his calm demeanor and sharp skills at the poker table, Ivey has won numerous World Series of Poker (WSOP) bracelets and other major poker tournaments.

He has also made a name for himself as a high-stakes gambler, frequently playing in private games with other wealthy individuals. Despite some legal issues related to his gambling activities, Ivey remains a highly respected figure in the poker world, with many considering him to be among the all-time greats of the game.

As of 2024, Phil Ivey net worth is around $100 million.

Early Life

Phil Ivey was born on February 1, 1976, in Riverside, California. He was raised in New Jersey, where he spent most of his childhood. Ivey began playing poker at a young age, and he quickly showed a natural talent for the game. He would often play against his grandfather and other family members, and he began to develop his skills through practice and observation.

Ivey dropped out of high school at the age of 17 to pursue a career in professional poker. He moved to Atlantic City, where he started playing in local casinos and honing his skills. Despite his lack of formal education, Ivey quickly became one of the most successful poker players in the world.

Ivey’s early years in the poker world were marked by his intense focus and dedication to the game. He would often spend hours studying his opponents, analyzing their playing styles, and devising strategies to beat them. He also developed a reputation for his ability to read other players’ body language and facial expressions, which helped him gain an edge at the poker table.

In addition to his success at the poker table, Ivey also gained a reputation as a savvy businessman. He has invested in several successful ventures, including real estate, sports betting, and a high-end poker training site. Ivey is also an avid sports fan, and he has been known to place large bets on sporting events.

Despite his success, Ivey has also faced several setbacks in his career. In 2011, he was accused of cheating at a casino in London and was ordered to return $12 million in winnings. He has also had legal disputes with several casinos over his winnings and has been barred from playing at certain establishments.

Overall, Ivey’s early life was marked by his natural talent for poker and his intense dedication to the game. Despite his lack of formal education, he quickly became one of the most successful players in the world and has continued to be a major force in the poker world for more than two decades.

Personal Life

Phil Ivey has been relatively private about his personal life, but it is known that he was married to Luciaetta Ivey in 2002 and the couple divorced in 2009. They have two children together. In 2012, he was involved in a highly publicized lawsuit against Crockfords Casino in London, where he was accused of edge-sorting during a baccarat game and won £7.7 million. The casino refused to pay out the winnings and Ivey took legal action, but ultimately lost the case in 2017.

Ivey is also known for his philanthropic work, particularly in the poker community. He has hosted charity poker tournaments to raise money for various organizations, including the Make-a-Wish Foundation and the Boys and Girls Club of America. In addition, he has been involved in promoting responsible gambling and helping those with gambling addiction.

Ivey is an avid sports fan and has been known to place large sports bets. He is a fan of the Los Angeles Lakers and the Houston Rockets in the NBA, and the Oakland Raiders in the NFL. He has also been seen playing golf and enjoys listening to music. Overall, Ivey is known for being a private individual who keeps his personal life out of the public eye.

Career

Phil Ivey is widely regarded as one of the greatest poker players of all time. He began playing poker in Atlantic City casinos when he was only 18 years old. At the age of 23, he won his first World Series of Poker (WSOP) bracelet in the $2,500 Pot Limit Omaha event.

Over the years, Ivey has won a total of 10 WSOP bracelets, which is tied for the second-most all-time. He has also won one World Poker Tour title and has made nine final tables on the tour. Ivey has won millions of dollars playing in both live and online poker tournaments.

In addition to his tournament success, Ivey is also known for his high-stakes cash game play. He has been a regular in some of the biggest cash games in the world, playing with and against other top pros like Doyle Brunson, Phil Hellmuth, and Daniel Negreanu. Ivey is known for his aggressive and fearless style of play, and his ability to read his opponents and make the right decisions.

Ivey has also been involved in several business ventures related to poker, including co-founding Full Tilt Poker, which was one of the biggest online poker sites in the world before it was shut down by the U.S. government in 2011. He has also been a sponsored pro for several different poker sites and has appeared in numerous television shows and movies.

Despite his success on the felt, Ivey has also been involved in several controversies throughout his career. In 2011, he was accused of cheating at a London casino and sued by the casino for $12 million. He was also involved in a legal battle with the Borgata casino in Atlantic City over $10 million in baccarat winnings that he was accused of winning unfairly. Despite these controversies, Ivey remains one of the most respected and feared players in the poker world.

Net Worth and Assets

As of 2024, Phil Ivey net worth is estimated to be around $100 million. He has earned millions of dollars through his tournament winnings, endorsement deals, and business ventures.

Ivey has won 10 World Series of Poker bracelets and has reached the final table of the Main Event twice. He is also a regular in the high-stakes cash games in Las Vegas and around the world.

Aside from poker, Ivey has been involved in various business ventures, including his own training site, Ivey League, and a stake in the online poker site, Full Tilt Poker. He has also endorsed various products and brands, including the luxury watch brand, Hublot.

In terms of assets, Ivey has been known to enjoy the finer things in life, including a collection of luxury cars, including a Rolls-Royce Phantom and a Lamborghini Aventador. He has also been reported to have owned a private jet at one point. However, it is unclear if he still owns these assets, as he has kept his private life relatively low-key in recent years.

Achievements

Phil Ivey is considered one of the greatest poker players of all time, with numerous achievements throughout his career. Some of his notable accomplishments include:

  • 10 World Series of Poker bracelets: Ivey has won 10 WSOP bracelets, putting him in a tie for second-most all-time.
  • World Poker Tour title: Ivey won the LA Poker Classic in 2008, earning him a World Poker Tour title.
  • Millions in tournament winnings: Ivey’s tournament winnings exceed $30 million, which is among the highest in poker history.
  • Hall of Fame induction: In 2017, Ivey was inducted into the Poker Hall of Fame, an honor reserved for the game’s most accomplished players.
  • High-stakes cash games: Ivey is known for his success in high-stakes cash games, including playing against billionaire businessman Andy Beal and winning millions of dollars.
  • Online poker success: Ivey is also successful in online poker, having won millions of dollars on various poker websites.
  • Phil Ivey Poker Training: Ivey also led his own poker training website called “Phil Ivey Poker Training,” where he shares his expertise with aspiring poker players.

Overall, Phil Ivey’s career in poker has been marked by incredible success, and he is widely regarded as one of the greatest players of all time.

Summary

Phil Ivey is a highly successful professional poker player from the United States. He is widely regarded as one of the best poker players in the world, with numerous championship titles and tournament wins to his name. Ivey has been playing poker since his teenage years and quickly made a name for himself in the industry.

He has won a total of ten World Series of Poker bracelets and has made it to the final table of the Main Event twice. Ivey is also known for his success in other high-stakes games, both online and in live events. Despite some controversy surrounding his use of edge sorting in baccarat, Ivey remains a highly respected and influential figure in the world of professional poker.

As of 2024, Phil Ivey net worth is around $100 million.

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Written by Abdul Qayyum Rajpoot

Abdul Qayyum Rajpoot is a productivity enthusiast who in on mission to help entrepreneurs and solopreneurs in achieving their business goals through focus, grit, and motivation. When he is not advocating smarter work, he is traveling the world or journaling his achievements in the self-growth arena on his blog.

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