Dan Bilzerian Net Worth | Las Vegas Playboy’s Gambling and Earnings
|Dan Bilzerian Net Worth:||$200 million|
|Born:||7th December 1980 (41 Years Old)|
|Profession:||Poker player, Entrepreneur, Influencer|
In 2022, famous poker player and social media influencer Dan Bilzerian’s net worth is approximately $200 million.
Bilzerian has accumulated his wealth through a number of different means, including a trust fund set up by his parents, playing high-stakes poker, real estate investing, social media marketing, and acting.
Also known as the “King of Instagram” (over 33 million followers), Dan Bilzerian has made a career out of posting pictures and videos of his lavish lifestyle.
Daniel Brandon Bilzerian was born in Tampa, Florida on December 30, 1980. His father, Paul Bilzerian, is a corporate takeover specialist (also known as a corporate raider) who was indicted for fraud in the 1980s. The financier was jailed for 11 months in 1991 when Dan was just ten years old. His mother, Terri Steffen, met his father at Stanford University and married him in 1978.
According to his LinkedIn page, his father lives on the island of St Kitts.
Dan is half Armenian from his father’s side and half American and spent much of his childhood between the two countries.
Bilzerian grew up in an eleven-bedroom mansion with a basketball court and swimming pool. Yet, despite his family’s wealth, Dan had a problematic childhood and often found himself alone.
Talking about his childhood, he said, “Basically, I didn’t get a ton of attention as a kid. I guess that’s why I’m such a flashy lunatic.”
Following the conviction of his father, Bilzerian started to become increasingly disruptive at school and was eventually expelled from two schools in one year.
After being asked to leave school on a number of occasions, Dan decided to join the Navy SEALs. The SEALs (Sea, Air, and Land Teams) are the US Navy’s principal special operations force. They are renowned for their physical fitness, mental toughness, and ability to operate in all environments.
Not many SEALs trainees graduate; in fact, it’s estimated that only 25% make it through the grueling training.
Bilzerian applied to the SEAL training program two times but was rejected on each occasion, eventually being honorably discharged from the Navy in 2009. He was discharged on medical grounds after breaking his leg during a parachute jump.
After his unsuccessful attempt at military service, Dan Bilzerian turned to poker.
He had learned to play the popular gambling game from his brother, Adam Bilzerian, and at the University of Florida, where he enrolled in a pre-law course but was kicked out in his second year.
Due to the injuries sustained in the military, the college undergrad could claim $6,000 a month in disability allowances for a veteran.
All his earnings went on gambling, and by his second year, he was broke. Upon hearing the news, Dan’s father stopped him from accessing his trust fund money.
Desperate for cash, Dan started selling his collection of guns which were his pride and joy.
Despite the losses, the young college student returned to the poker table with focus and determination.
It worked, and he turned his initial $700 investment into $10,000. After his huge win, he immediately flew to Las Vegas, where he was able to turn his $10,000 into $187,000.
Bilzerian started to earn a consistent income and was reportedly making $90,000 some weeks. After that, however, the college dropout wanted to ‘up the ante.’
High Stakes Gambling
In 2007, buoyed by his success, Bilzerian and his brother Adam (also a professional poker player) entered the high-stakes poker world.
However, he was in for a reality check when he placed 180th in the tournament World Series of Poker (WSOP) Main Event 2009, which had a 1st place prize of $8.5 million.
Dan earned $36,626.
His sibling Adam placed 47th and earned over $138,000.
Despite his poor performance in the tournament, Dan Bilzerian was voted as one of the funniest poker players to watch.
The former military recruit often made outrageous bets with vast amounts of money at stake. He has been known to bet over $500,000 on a single hand of blackjack and $150,000 on a single turn of the roulette wheel.
Although Dan Bilzerian has had some big wins, his losses have been just as significant. In an interview in 2017 with Graham Bensinger, he said his biggest ever poker win was $12 million in a day, and his largest loss was around $3.5million.
Because of his outlandish personality and larger-than-life character, Bilzerian started to gain a huge following on social media. This ‘persona’ made him a highly sought-after opponent to play high-stakes poker.
In the interview with Bensinger, Dan admitted that he didn’t care about being the best poker player in the world and was only interested in playing for “stacks” (large amounts of money).
In fact, Dan wanted to be perceived as a bad player as it would make it easier to play against “super rich guys that weren’t very good” in private games, which he saw as a much easier path to build wealth.
He admitted that he played up to the rich, trust fund baby, spoilt image as his billionaire gambling opponents would underestimate his poker skills giving him the edge in poker games. At the time, he didn’t have access to any trust fund money.
Bilzerian has played against a number of high-net-worth individuals, including famous actor Tobey Maguire, boxers Floyd Mayweather and Manny Pacquaio, and DJ Steve Aoki.
Bilzerian has been known to make some outrageous bets, including:
- A $600,000 bet with venture capitalist Bill Perkins that he could ride 300 miles on a bike from Los Angeles to Las Vegas in 33 hours. He completed the ride with disgraced former cyclist Lance Armstrong.
- Won a $385,000 bet on a race between his Shelby Cobra and a Ferrari.
- Bet $3,000 he could win a game of tennis without using a racquet. Bilzerian took the victory.
- He bet his friend $20,000 to swim across a river in Prague.
- $6 million coin flip, which he lost to a billionaire friend.
- $500,000 to row a boat across the Atlantic ocean in a month which would be a world record. Dan eventually pulled out of this bet.
- $1 million bet to be a car valet for a month. Bilzerian pulled out of this bet but later regretted it as he stated it would have been a lot of fun.
- $3.3 million high card flip against billionaire Alec Gores.
Social Media Marketing
In 2010, off the back of his poker profile, Dan started to build his social media presence, posting pictures of his lavish lifestyle on Facebook, Twitter, and Instagram.
Dan’s social media blew up overnight as his newfound Instagram fame made him popular predominantly among young men.
After posting images of his lifestyle that included guns, fast cars, and women, Dan’s social media following increased rapidly. This made him even more attractive to poker sponsors, and he started to rake in even more millions from his gambling career.
Within a few short years, he became known as the ‘King of Instagram’ and currently has over 33 million followers.
How Much Does Dan Bilzerian Earn From Instagram?
While not his primary source of income, Instagram does provide the poker star with another source of revenue which is impressive considering he posts pictures of his life.
Each of Bilzerian’s photos receives an average of 1.9 million likes and has an engagement rate of around 1.0% (which is very good).
It is estimated that accounts of this size and engagement can charge between $75,000 and $150,000 per post. This potentially means that Bilzerian could earn $50 million from his Instagram account alone if he posted daily.
However, most social media influencers of this size don’t typically do promotional posts for other companies and focus on their brand and products.
Dan believes that he could be making “probably $10-$15million” a year just from his Instagram if he wanted to.
Social Media Accounts of Dan Bilzerian
Instagram: Visit Now
Twitter: Visit Now
Facebook: Visit Now
YouTube: Visit Now
Dan has several houses, one in Florida and one in Los Angeles.
After selling his house in Las Vegas in 2017 for over $5 million (which he bought in 2014 for $4 million), the bachelor rents out mansions whenever he stays in Vegas.
His old 9,000 square ft Vegas house had everything you would need, including a gourmet kitchen, library, sauna, fitness suite, indoor theatre, and an outdoor pool.
The poker star now spends most of his time in a $67.5 million Bel-Air mansion which he rents for $200,000 a month.
Spanning 30,000 square feet, 10979 Chalon Road is one of the most luxurious Los Angeles homes on the market. And the price sure does reflect that: the house is now listed for $67.5 million.
The massive Los Angeles estate at 10979 Chalon Road spans 30,000 square feet and is fit for luxury living. The current asking price of $67.50 million certainly reflects this.
The 13-bedroom, 24-bathroom mansion boasts stunning views of the Bel-Air golf course, the city of Los Angeles, and the majestic Pacific Ocean.
The mega mansion features multiple staircases, an elevator, a 40+ seat home theater, multiple living and dining areas, a 2-lane bowling alley, salon/ spa, 14 attached garage spaces, rooftop infinity pool, rooftop gym, a 12-foot waterfall, tennis courts, putting green and five wet bars.
How Many Cars Does Bilzerian Have?
Bilzerian is a massive fan of supercars and always adds to his magnificent car collection. And while his car collection is just as impressive as his houses, it’s hard to pin down just how many cars he has.
His stable of luxury cars includes a Lamborghini Aventador worth over $750,000, a 1965 Shelby Cobra worth $850,000, Rolls Royce Phantom valued at $1.2 million, a Rolls Royce Cullinan worth $1 million, and a Cadillac Escalade worth $80,000.
The college dropout owns a Gulfstream G-IV private jet which is valued to be in the region of $6 million.
Dan Bilzerian’s Super Yacht
In 2021, Bilzerian purchased a custom superyacht for approximately $60 million. The yacht contains a movie theater and two pools.
At the height of his social media fame, Bilzerian was offered and applied for a number of acting roles in Hollywood, including The Equalizer with Denzel Washington and The Other Woman with Cameron Diaz.
Unfortunately, Dan’s acting career never really took off, and his only notable role to date is in the 2016 film War Dogs where he played himself.
Dan invested $1m in the Mark Wahlberg war film Lone Survivor, which was conditional upon him getting at least eight minutes of screen time and 80 words of dialogue. Unfortunately, his role was eventually cut to just one line, and he would end up suing the production team.
Having reaped all the publicity, Bilzerian decided to drop the case as he’d made millions from his initial investment in the film’s success.
Even though Dan’s acting career never really took off, he did make a cameo appearance in the music video for Work Hard Play Hard by American rapper Wiz Khalifa.
Bilzerian announced his bid to run for the President of the United States in 2016, giving him much attention. Although, he later stopped his run for the presidency and endorsed Republican Donald Trump over Democratic opponent Hilary Clinton.
Bilzerian still has aspirations to run for the highest political office in America and believes he will run again in the next ten years.
Business and Investing
Dan Bilzerian’s career as a social media star has been filled with highlights. In addition, he has earned millions through his poker playing and other business ventures.
In 2016, Dan released a mobile game app, Save Dan, available for download on iOS and android. The game was based on a Zombie Apolocapyse where the aim is to save Dan from hordes of women zombies. The game was not well received by the public and was quickly pulled from app stores.
What is Dan Bilzerians Company?
In 2017, after growing tired of playing poker, Dan founded his own company, Ignite International Brands Ltd. The company sells Cannabidiol (CBD), Nicotine, Spirits, and Beverages.
Headquartered in Toronto, Canada, the company went public in January 2019 and currently has a market capitalization of $117 million. Revenue in the 4th quarter of 2021 was approximately $50 million, which is exceptional performance considering in its previous year, the company earned $16 million in the financial year.
It shows a remarkable turnaround in which the company’s future looked bleak in 2019 when it posted a $50 million loss.
In 2013, Dan put up 20% of the $10,000 buy-in for an up-and-coming poker star, Jay Farber, at the World Series of Poker. When Farber won $5m, Dan was able to claim a $1m cut. What’s more: he got to sit in the front row, getting his beard stroked by a model on live television.
In 2022, Bilzerian wrote his own book titled The Setup (Foreword by David Goggins). The book is highly rated and averages a 4.1/5 on goodread.com as it details his upbringing and crazy times in Las Vegas.
In 2005, at the age of just 25, Bilzerian suffered two heart attacks which he attributes to his extreme lifestyle of alcohol, drugs, lack of sleep, gambling, and sex.
Favorite Quotes from Dan Bilzerian
“Going broke is a very powerful experience for a gambler; it’s almost like a must. If you don’t go broke you really don t know how s*** it is”
“Climbing the mountain is always more fun than sitting at the top. It’s just you have to find different mountains to climb”.Dan Bilzerian
“When you are single and have no dependants, you should be able to do whatever you want as long as it doesn’t adversely affect other people.”
“Sometimes I feel like a 16-year-old who’s got a blank check”.
Summary: Dan Bilzerian Net Worth
- Dan Bilzerian’s net worth is approximately $200 million.
- He grew up in Florida and was expelled from a number of schools after his Dad went to jail for financial fraud.
- He currently has 20 employees, including three assistants and three chefs.
- The most he has even won in a single day playing poker is $12 million, whilst the most he has lost is $3.5 million.
- Bilzerian lives in a $65 million mansion in Los Angeles and a collection of supercars. He also owns a private jet and a superyacht.
- Dan is prolific on social media, known as the ‘King of Instagram’, he has over 33 million followers.
- He has made some outrageous bets with his billionaire friends, one of which included cycling from Los Angeles to Las Vegas in 33 hours.
- Bilzerian founded Ignite International Brands Ltd in 2017, which sells nicotine and Cannabidiol products.
- Bilzerian had two heart attacks at the age of 25.
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Frequently Asked Questions
How much is Dan Bilzerian worth?
Dan Bilzerian’s net worth is estimated to be $200 Million.
How old is Dan Bilzerian?
Dan Bilzerian was born on December 7, 1980, and is currently 41 years old.
How tall is Dan Bilzerian?
Dan Bilzerian’s height is 1.74 m, which is equal to 5 ft 9 in.
Why is Dan Bilzerian famous?
Bilzerian shot to fame amongst poker enthusiasts for his outlandish bets. However, he gained worldwide fame from his social media accounts, where he posts pictures of his lavish lifestyle.
Who is Dan Bilzerian wife?
Bilzerian is not married but frequently posts pictures of himself with multiple women. He recently posted on Instagram alluding to finally getting married, but this was a joke.
What did Dan Bilzerian’s Dad do?
Bilzerian’s Dad, Paul Bilzerian, was a corporate raider who was imprisoned for fraud during the early 90s. According to his LinkedIn page, he currently lives in St Kitts.
How did Bilzerian get rich?
Bilzerian got rich by playing poker in Vegas at the private tables with high-net-worth individuals. Dan realized he couldn’t beat pro players, so he went to play billionaires who were easy to beat and had more money.