Phil Ivey Net Worth in 2024 – How Rich Is the Professional Poker Player?

0
660
Phil Ivey Net Worth

When you hear the term professional poker player, the first thing that rightfully comes to your mind is thinking that the person is a serial gambler. Well, that’s not the case with Phil Ivey who has an estimated net worth of around $100 million.

If you aren’t aware of Phil Ivey or professional poker for that matter, you might not know that he has won 10 World Series of Poker bracelets, which indicates that he is great at what he does. Now, with the kind of success he has acquired, people are curious to know more about his life and his net worth.

This article will further explore more about Phil Ivey and his poker career and how he managed to earn a $100 million net worth.

Quick Facts

Full Name
Phillip Dennis Ivey Jr.
Birth Date February 1, 1977
Age 47
Country of Origin USA
Nationality American
Profession Professional Poker Player
Marital Status Divorced
Parent’s Name Unknown
Spouse
Luciaetta
Social Media Accounts: Facebook
Instagram
Twitter
Net Worth (as of 2024) $100 million
Last Updated: July 05, 2024

Early Life

Phil Ivey was born on February 01, 1977, in Riverside, California. The majority of the public information available about Phil discusses his life when he rose to fame and started steadily earning money.

However, when it comes to his early childhood, the only information available is the fact that his parents moved to Roselle, New Jersey when Phil was just an infant. Since then, he grew up in New Jersey where he attended the Old Bridge High School.

You might be shocked to know that Phil was exposed to the concept of Poker during his high school days only. He even used a fake ID during that period to go to Atlantic City to play a game of poker. 

Personal Life

Phil married his wife Luciaetta in 2002 however they ended up divorcing in 2009 and since then there haven’t been any reports about him being in a relationship. Besides poker, Phil also has an interest in golf, which he plays extensively too. Phil also donates to charities quite frequently with a mindset to give back to society.

Phil Ivey

Career

Phil’s journey into the world of poker didn’t happen as smoothly as you’d expect. After trying his hands on the game during his high school days, Phil went on to work as a telemarketer during the 90s, trying to build his skills and resume.

Later in 2000, Phil joined the World Series of Poker and ended up winning the games. He was one of the first players who successfully beat Amarillo Slim in the World Series of Poker tournament.

However, it wasn’t until three years later that Phil’s best for his career managed to happen when he won three bracelets in a single year. One of his biggest wins was in 2005 in Pot Limit Omaha where the winning haul was for $635,603.

He kept winning more and more tournaments, making a name for himself in the world of poker. He won the last two (9th and 10th) bracelets in 2014 and 2015 respectively.

Phil Ivey’s World Poker Tour

On the World Poker Tour, Ivey has reached the final table nine times. He won his first World Poker Tour title in 2008 at the LA Poker Classic, defeating players like Nam Le and Phil Hellmuth.

Outside the World Poker Tour, Ivey has competed in many other tournaments worldwide. In 2005, he won $1,000,000 at the Monte Carlo Millions. The next year, he finished seventh at the European Poker Masters in London. 

Ivey is well-known for his skills in cash games, especially at the Bellagio in Las Vegas. He has won over $16 million in high-stakes matches against billionaire Andy Beal in Limit Texas Hold ’em.

Net Worth

As of 2024, Phil Ivey has an estimated net worth of $100 million. The majority of his income comes from his professional poker career. Besides that, he also actively invests his money, which adds up to his income as well.

FAQs

1. Is Phil Ivey still rich?

Phil Ivey is still one of the richest poker players in the world. There isn’t an exact estimate but it is believed that he has a net worth of $100+ million.

2. How is Phil Ivey so rich?

Phil’s rise to fame and his financial growth are all thanks to the kind of career he has acquired and established in poker. He earned the majority of his income through tournaments and cash games.

3. Is Phil Ivey the best poker player in the world?

Although not the best, Phil is still ranked as one of the best in the niche. He is on the list of being one of the poker players with most WSOP and WPT titles.