What is Gary Vee Net Worth? [2022]

Gary Vaynerchuk is a serial entrepreneur, author, wine critic, speaker, and Internet personality best known as the co-founder of the restaurant reservation software company Resy and Empathy Wines. After compiling his investments, Gary Vaynerchuk’s net worth is $200 million.

Vaynerchuk is widely known for his work in digital marketing. He is the chairman of New York-based communications company VaynerX and CEO of VaynerX subsidiary VaynerMedia.

In this article we will be taking a closer look at Gary Vaynerchuk as I walk you through how he got himself on the list of the richest entrepreneurs globally.

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Gary Vaynerchuk’s Family Background

Gary Vaynerchuk was born in Bobruisk, former Soviet Union (in what is known as Belarus) on November 14, 1975. Gary was raised by a mother and father who wanted to escape the communist regime of the Soviet Union. In 1978, Vaynerchuk’s family did just that when they immigrated to the U.S. as he was turning three. They lived in the New York borough of Queens but they later moved to Edison, New Jersey.

Gary Vaynerchuk

Gary Vaynerchuk’s parents are Tamara and Sasha Vaynerchuk. Gary lived with his family in a studio in a condo in Queens, New York before migrating to Edison. AJ Vaynerchuk, a businessman, is the younger brother and the only sibling of Gary Vaynerchuk.

Gary vee married Lizzie Vaynerchuk in 2004 with whom they have two children, a daughter and a son. The daughter, Misha Eva Vaynerchuk was born in 2009 and the son, Xander Avi, was born in 2012.

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Gary Vee’s Education

Gary Vaynerchuk graduated with a Bachelor of Arts from Mount Ida College in Newton, Massachusetts. After graduating, Gary developed an interest in business and began working in the family wine business from where he laid the foundation of a career as an entrepreneur. While he was attending college, Gary Vaynerchuk was exposed to computers and the Internet and he realized just how important they would become to business.

The Wine Business

Gary Vaynerchuk began his entrepreneurial journey at the age of 7 when he set up a lemonade stand. He also started selling baseball cards. His childhood experience shaped him and instilled in him a desire to venture into business.

After graduating in 1998, Gary Vaynerchuk took over his father’s wine business and sought to modernize it. He created a website for it, the first step he took to expand and boost the visibility of the business.

Wine Library TV

He transformed his father’s New Jersey Liquor store, Shopper’s Discount Liquors, into a retail wine store and branded it the store Wine Library. Gary launched sales online and started a daily webcast in 2006 on YouTube called Wine Library TV that covered wine reviews.

WineLibrary TV YouTube Channel

By giving the business an online presence, he boosted annual profits and it was soon bringing in over $50 million in just five years.

Another aspect of the digitization of the business, was utilizing email marketing. He used it to give weekly discounts, specials, and share his favorite recommendations. Gary discontinued Wine Library TV in 2014 after his 1000th episode when the channel had 130,000 followers. He started a video podcast called The Daily Grape. To date, Gary has produced over 300 podcast episodes. The rebranding of Shoppers Discount Liquors to Wine Library was a roaring success.

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Online Popularity

Due to the popularity of Gary’s vlog, he was brought on as a guest on Conan O’Brien. His appearance on the popular talk show had the snowball effect on his business and his entrepreneurship. His appearance opened more more doors than he ever imagined.

Gary Vaynerchuk on Conan Obrien's show

In 2010, Vaynerchuk launched Wine & Web on Sirius XM satellite radio. This show had popular features like new wine tastings in a “Wine of the Week” segment as well as featured trends, startups, and a coverage of new gadgets in its “Web of the Week” segment.

Gary Vaynerchuk now understood the value of producing great content and how much it connected him with his audience. In that sense, he is like Mr Beast or Tai Lopez, both of whom have amassed large followings on internet platforms.

His popularity on the internet certainly promoted his business and it is no surprise that Gary Vaynerchuk’s net worth has risen to $200 million. Gary has millions of fans across the internet on platforms such as Instagram, YouTube, Facebook, Twitter, Linked In, Snapchat, and Spotify. All of Gary’s social media accounts have more than 19 million social media followers combined.

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Other Businesses

In 2019, Gary Vaynerchuk co-founded a restaurant reservation app called Resy. It was later acquired by American Express.

Since Gary is an expert in the wine business, it doesn’t come as a surprise that he is also the co-founder of Empathy Wines, which was acquired by Constellation Brands in 2020.

VaynerX

Gary is the chair of VaynerX, a communications company that holds media properties and technology companies.

In 2009, Vaynerchuk retired from his wine business and alongside his brother, AJ Vaynerchuk, founded Vaynermedia, a social media, and digital ad agency. Vaynermedia formulates social media strategies for Fortune 500 companies.

They launched The Gallery, later renamed Gallery Media Group, a subsidiary company that holds Pure Wow, ONE37pm.com, and other media properties.

VaynerX has partnered with Vimeo to connect brands and filmmakers for digital content. It is generating more than $130 million per year in revenue.

Gary Vaynerchuk is also a partner in Vaynersports and cannabis marketing and advertising agency “green Street”. The agency has been instrumental in propelling marketing outreach for companies such as Twitter, Pepsi, and Facebook.

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Books

As an author, Vaynerchuk has written several books. They include Gary Vaynerchuk’s 101 Wines: Guaranteed to Inspire, Delight, and Bring Thunder to Your World (2008), Crush It!: How Great Entrepreneurs Build Their Business and Influence-and How You Can, Too (2018), Why NOW Is the Time to Cash In on Your Passion (2009), The Thank You Economy (2011), Jab, Jab, Jab Right Hook (2013), How to Tell Your Story in a Noisy Social World (2013), and #AskGaryVee: One Entrepreneur’s Take on Leadership, Social Media, and Self-Awareness.

Achievements

Gary Vaynerchuk’s journey has been one filled with commendable achievements. Gary has emerged as a YouTube guru and is one of the most influential social media users in the world of entrepreneurship.

He has proven to be a experienced player worthy of following. In 2013, Gary become the youngest recipient of the Market Watch Leader award.

Gary Vaynerchuk has also been featured on The Wall Street Journal and The New York Times.

In 2008, Gary Vaynerchuk gave a keynote speech at a Web 2.0 event in New York City. He has also been part of a team that evaluates app developers in a reality TV series called “Planet of Apps” as they pitch their ideas vying for investment. This show has been described as “Shark Tank” meets “American Idol.”

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Conclusion

It is amazing how great millionaires began their journey from humble beginnings and through grit make it to the top of the pile. In the brave new world ushered in by the internet, Gary saw an opportunity that few others could and leveraged it to create a fortune. His story stands out as an inspiration to those aspiring to make it big in the pursuit of financial freedom.

Gary Vaynerchuk is living testimony that hard work, grit, and determination can lead to success. Throughout his journey, has mastered the art of keeping people engaged before turning those followers into paying customers.

His natural talent for selling and his critical eye has helped him achieve success in his business ventures. Gary Vaynerchuk has also proved how important it is to adapt to the changing world, and how catering to your audience is important.

All these efforts have added to the Gary Vaynerchuk net worth, which is currently valued at $200 million. Indeed, with such wealth, Gary’s dream of owning the New York jets is drawing closer.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

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(This is a 100% free training)

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