Dave Portnoy Net Worth

What is Dave Portnoy's net worth?

net worth:	$120 million
age:	48
Born:	March 22, 1977
gender:	male
high:	1.83 m (6 feet 0 inches)
country of origin:	USA
Source of wealth:	entrepreneur
Last updated:	April 22, 2025

introduce

Dave Portnoy is an American entrepreneur and sports media figure with an estimated net worth of $120 million.

Portnoy earned his own fortune by founding Barstool Sports. He founded the company in 2003 as a print publication and over the years it has grown into an unlikely sports media powerhouse.

early life

David “Dave” Portnoy was born on March 22, 1977 in Massachusetts.

Portnoy is the son of Michael and Linda, who attended Swampscott High School.

In 1995, Portnoy began to attend the University of Michigan. He later graduated with an education degree.

Profession

When Dave Portnoy studied his education degree at the University of Michigan, he founded the sports betting website Thegamblingman.

He uses the site to publish his draft picks every week, a pioneer in his entry into sports media and online newspapers.

After graduating from college, Portnoy was hired by an IT market research company called Yankee Group, a subsidiary of Reuters Enterprise.

In 2004, Portnoy founded Barstool Sports, a 4-page newspaper targeting young people in Boston, rejecting political correctness.

The newspaper is distributed at train stations and street corners and attracts advertisers such as Partypoker, which operates illegally in the United States.

After a tough start, Portnoy hired another writer and started placing photos of women with less shells on the homepage.

In 2017, Dave participated in the Sports Illustrated swimsuit red carpet event, and some of the world's richest models reviewed various pizza slices.

Barstool Sports evolved into a well-known media company

By 2007, he expanded to a blog that included sports, women in bikini and bets to ensure the business stayed the same.

Barstool Sports, together with Portnoy, cultivated a brotherly cultural role, calling himself “President El”.

Seeing that the print media was about to die, Portnoy transitioned from print media to online and expanded the company's digital image was a prescient move.

Candid and bold male coverage established Barstool Sports as a unique and relevant media organization that resonated with the target audience of young people.

By 2016, Barstool's growth made it a viable player in the sports media market, and Chernin Group acquired a majority stake in the business.

Now, Portnoy is known for himself and, with the support of major players in the industry, Portnoy is able to significantly increase the impact of publications.

Move headquarters to New York City

The company's headquarters has moved to New York City, but by 2020, Penn Entertainment has shown interest in the business.

They bought a 36% stake in Barstool Sports, paid $163 million that year, and explained a significant increase in valuation in just four years.

Just three years later, Penn Entertainment completed a 100% Barstool acquisition, with the rest of the stock paying $388 million in 2023.

But in a strange turn of fate, Pennsylvania Entertainment then agreed to sell the company to Portnoy for $1 in name.

The deal is the result of a large number of agreements with ESPN, which will rename the online sports business from Barstool Sportsbook to ESPN BET.

Promise never to sell bar sports again

According to reports, Portnoy told the media that under any circumstances, he would never attend Barstool Sports in the future.

The deal with ESPN left Penn Entertainment, providing ESPN with $1.5 billion in cash payments and $500 million in warrants.

Penn Entertainment has a 10-year reimbursement purchase price, of which 31.8 million Penn common shares are used for various rights.

The following year, Portnoy launched a pizza review series called “One Bite with Davey Pageviews” that reviewed pizza from around the world.

Portnoy's business started in a game among his friends, but when it became very popular, it began to grow into a business.

Not only did he eat a piece of pizza, review each agency, but he also claimed that the practice caused him to lose weight.

Waves in Massachusetts

The show is not without drama, as he ignited a heated debate with Charlie Redd, owner of Dragon Pizza in Massachusetts.

Charlie didn’t describe his pizza as a fluffy mess, and the subsequent argument was a pungent thing for the audience.

This is indeed conceived for the show, and it continues to attract a wide audience, especially when Portnoy invites celebrities to the show.

Portnoy also hosted the first Bite Pizza Festival in Brooklyn in 2023, interacting with audiences and further cementing Barstool's influence.

Although Portnoy doesn't target the most expensive pizza in the world, there is no pizza shop to avoid his or her orgy.

Prisoned for promoting stunts

In another publicity stunt, Portnoy was detained in a portion of Super Bowl LIII holding a cell in Mercedes-Benz Stadium.

Portnoy was banned from playing the game the day before the Super Bowl after a stunt that involved a fake pass.

He remains a polarized role thanks to his outspoken, conservative viewpoint and voice support for Donald Trump and his 2015 presidential election.

Portnoy, who held an unsuccessful mayoral movement in Boston in 2013, is an outspoken critic of liberal, Democratic policy and lawmakers.

In an attack on Taylor Swift, Barstool Sports made a derogatory comment on their popular podcast My Take, asking her not to participate in the NFL game.

It seems Portnoy will continue to use any publicity stunts he is able to keep his interest in the company and continue to attract attention.