Patrick Bet David: Net Worth Over $200 Million? [2023 Update]

Patrick Bet-David is an Iranian-American entrepreneur, podcaster, speaker, and financial adviser.

Patrick Bet David is a motivational speaker who inspires people to break from limiting beliefs or other constraints in order to achieve their goals.

In this piece, we take a closer look at his life, his businesses, and how he built his net worth. We’ll also find out how he created “the best channel for entrepreneurs” on YouTube.

Before I start…

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Table of Contents

Who is Patrick Bet David?

Patrick Bet-David is the latest motivational speaker and entrepreneur we will be taking a look at. Other’s we’ve seen before include Tom Bilyeu, Tony Robbins, and Ed Mylett.

Patrick-Bet David was born in Iran but his family immigrated to America when he was 10-years old. They fled war-torn Iran as refugees during the Iranian revolution and they eventually became U.S. citizens.

Early Life

Patrick Bet-David was born in 1978. His parents are of Assyrian and Armenian descent. They lived in Iran when the country went through a period of turmoil.

Patrick’s family fled Iran when he was still a young boy and lived for two years in Germany before migrating to the US in 1990. He was 12 years old when he arrived in the U.S.

After high school, Patrick joined the US Army and after that, launched a career in business and media. He worked at Morgan Stanley, launched a website called ‘Saving America’, and later joined a radio show broadcast.

Education

Patrick went to Glendale High School in California. For college, he attended Santa Monica Community College where he graduated with a degree in nutrition. He had taken that degree because he was interested in bodybuilding.

Patrick does not aggressively push for people to go to college because he believes that real-life experience trumps a college degree for most fields.

Military Career

Patrick Bet-David served in the 101st Airborne Division of the United States Army. After serving in the military, he launched his career in financial services with Morgan Stanley Dean Witter a day before 9/11.

Businesses and Speaking

After leaving he military, Patrick went into the world of business. At first, he wanted to become a movie star.

But then when he was dating a girl who worked at an investment bank, the idea came to him to become a financial advisor. He applied to Morgan Stanley and was hired as a Financial Advisor a day before the 9/11 Attack thus starting his financial services career.

He is often considered one of the most motivational entrepreneurs because he espouses the fundamentals of entrepreneurship and personal development.

He is quite popular on social media where he shares his passion for business and educates and encourages budding entrepreneurs.

He owns Valuetainment Media LLC, through which he runs his popular Valuetaiment channel on YouTube and other new media outlets.

Books

According to Patrick, successful entrepreneurs and chess grandmasters have the ability look at the pieces in front of them and anticipate their next five moves.

He wrote the book Your Next Five Moves: Master the Art of Business Strategy to break down the methodology that is often applied by successful businesspeople.

This book is meant to motivate you if you feel like you’ve hit a wall, lost your fire, or are looking for innovative strategies to take your business to the next level.

What is Patrick Bet David’s Net Worth 2023?

Patrick Bet-David’s net worth for 2023 is estimated to be between $160 and $200 Million.

Valuetainment Media LLC

Valuetainment is a media brand that Patrick Bet David created to teach the fundamentals of entrepreneurship and personal development. His Modus Operandi is inspiring people to break from limiting beliefs or other constraints.

The Valuetainment YouTube channel has been referred to as “the best channel for entrepreneurs” online. It has evolved over the years into a media network that provides news, other content partners and a weekly podcast. As of writing this, it has over 3.6 million subscribers and close to half a billion total views.

Patrick usually focuses on a variety of business, leadership and entrepreneurial topics including how and why to become an entrepreneur. On a psychological level, he often talks about the importance of learning how to fully process issues.

The Valuetainment channel is meant to guide people by having conversations with exciting people. Valuetainment began by offering a series of How-To and educational videos as a hobby but the brand evolved to incorporate short films and interviews.

Patrick Bet David first went viral in 2015 when he released a video titled “Life of an Entrepreneur, in 90 seconds.” It had millions of views and ever since, David has been building on the channel and has never looked back. He interviews high-value personalities on his channel, and they often attract many viewers and listeners.

Bet-David has interviewed entrepreneurs and high-achievers like Steve Wozniak, Wayne Gretzky, Ray Dalio, Kobe Bryant, President George W. Bush, Kevin Hart, Mark Cuban, John Calipari, and Magic Johnson, just to name a few.

Patrick uses his social media following to sell his business and share his ideas on finance.

As of writing this, his Instagram account has over 3.3 million followers.

PHP Agency

Patrick Bet-David founded the PHP Agency Inc. in 2009 with the goal of bringing life insurance products to middle class households that had been historically underserved by the life insurance industry.

PHP Agency is a financial services marketing organization that offers insurance products. They include annuities, health insurance, and 401k roll-overs. PHP agency has its headquarters in Texas.

Patrick Bet David raised $10 million in 2017 from private equity players like Oscar De La Hoya, Atalya Capital, and Gabriel Brener.

The company grew from 66 agents based in Northridge, California to over 14,000 agents in nearly 49 states.

PHP Agency held a convention in 2019 with 8,000 attendees. Kobe Bryant and President George W. Bush were guest speakers.

PHP’s mission is to provide financial education to the underserved communities and get more people to purchase life insurance products.

There is an opportunity for you to become an agent where you can join the team and start earning an income and build a part-time or full-time business to achieve financial freedom.

Conclusion

Patrick Bet-David is a business guru who’s built a business empire from scratch. He is a public figure known for his motivational words and helpful life advice.

Considering his take on things, he is routinely overcoming criticism yet he gets up every day and continues building his career.

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:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)