Phil Hellmuth is an undeniable force in the poker world. He is in third place on the All-Time WSOP Money List and 21st-place finish in the All-Time Money List. Phil Hellmuth net worth of nearly $30 million is a reputation that precedes him. At a young age, he’s a formidable poker player, winning multiple World Series of Poker events. He recently won his 17th WSOP Bracelet, making him the GOAT of Poker.
This casino news looks at Phil Hellmuth’s net worth, how he acquired it, and what he is up to in 2023.
Phil Hellmuth Net Worth: A Glimpse Through His Career
In the middle of the 1980s, Phil Hellmuth began competing professionally in poker casino games at small events in Wisconsin. In 1989, at 24, he set a WSOP Main Event record, emerging as a skilled, aggressive player.
Since then, Hellmuth has won more than $29 million throughout his career. He holds the outstanding record for the most World Series of Poker bracelets won, with 17 Bracelets in No-Limit Hold’em, Limit Hold’em, Seven Card Stud, and Pot-Limit Omaha among his many WSOP victories. However, it would have been interesting to see games like Pai Gow Poker on his list where players would need to apply the Pai Gow rules to spice up these tournaments.
Hellmuth is known for harshly criticizing other players’ games at the poker table. After being involved in multiple high-profile conflicts with other players, he was nicknamed the “Poker Brat.”
How He Built His Bankroll
Since we have established that Phil Hellmuth’s net worth is roughly $30,000,000, let us look at how it came to be. For newbies learning how to play poker, you would find motivation from looking at Phil Hellmuth’s net worth and poker career.
Phil Hellmuth Net Worth: Live Tournaments
According to his Hendon profile, Hellmuth has won $29.893,754 in live tournaments. This sum currently places him in the top 21 on the illustrious Hendon All-Time Money List.
Before he became a pro with high earnings, he went through the learning curve, understanding questions like what is a blocker in poker and how best should I place bets? Etc. The earliest bank transaction on his profile dates back to October 1987. At Reno’s Pot of Gold Tournament, he took fifth in a $1,000 No Limit Hold’em, earning $1,980. In August of 1988, he won the $10,000 NLHE tournament for the first time at the Annual Diamond Jim Brady series.
Hellmuth became a household name after winning the WSOP Main Event in 1989. In May 2016, Hellmuth won his largest live tournament outside the WSOP. He earned $1.6 million after placing fourth in the $300,000 Super High Roller Bowl at the Aria.
Some players may leave their impression of their opponents in multiple online casino reviews. You can look for Hellmuth’s reviews online, if any has the nerve to review him better than face him at the tables.
Money Made in the World Series of Poker
Hellmuth has broken the record for most WSOP bracelets won with 17. This is unlike Nik Airball poker player and his career, in which we still await a bracelet. This bracelet lead is far above other record holders like Phil Ivey, Johnny Chan, and Doyle Brunson (each has 10 bracelets).
Hellmuth is now ranked #7 on the all-time list for World Series of Poker cashes, with 203 (the leader, Roland Israelashvili, with 437 cashes). He has also made it to the final table more than anyone else. He has earned a total of $17,886,530 in cash at WSOP tournaments.
Phil Hellmuth Net Worth: Money Made Outside Poker
Hellmuth appears to have been born with an entrepreneurial spirit. He has founded and managed several businesses, including a real estate firm, a publishing house, a clothing line, and a casino gaming company. Furthermore, he frequently gives speeches as a professional motivational speaker.
He’s also tried his hand at a few different businesses in digital technology. He co-created the Texas Hold’em mobile app with Oasys Mobile in 2004.
Recreation and Private Life
Hellmuth is a generous individual who, as host or chair of numerous poker charity events, has helped bring in over $20.4 million for various causes. He is used to being treated like a VIP because he frequently attends concerts and parties and enjoys electronic music. Pictures of him with various famous people populate his Instagram feed. Sports are a big part of Hellmuth’s life. He is a great Golden State Warriors fan and enjoys watching boxing, baseball, and basketball. All this has contributed to the Phil Hellmuth net worth we see today.
Final Thoughts
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