Dave Portnoy is best known as the founder of the popular sports blog company Barstool Sports. He is also a renowned social media personality known for his YouTube channels. Owing to the success of his website, Portnoy has been able to create a net worth of millions of dollars. As of 2023, his net worth stands close to $125 million. Follow this article for more details related to Dave Portnoy’s net worth in 2023, his early life, professional success, and much more.
Dave Portnoy Net Worth 2023
| Name | Dave Portnoy |
| Profession | Businessman, Social Media Personality |
| Net worth (as of 2023) | $125 million (est.) |
Dave Portnoy’s Personal Biography
Dave Portnoy was born on March 22, 1977, in Swampscott, Massachusetts to Linda and Michael Portnoy. He attended Swampscott High School and later enrolled at the University of Michigan in 1995. While still in university, Portnoy founded a website called where he published his sports betting picks.
Portnoy was married to Renee Satherthwaite since 2009 but the couple separated in 2017. Renee was an equestrian and a social media personality herself. As of 2023, Portnoy is dating Silvana Mojica. Mojica is also a social media personality, professional marketer, and model.
| Full name | David Portnoy |
| Nickname | El Presidente |
| Profession | Businessman, Social Media Personality |
| Age | Born on March 22, 1977 |
| Gender | Male |
| Place of birth | Swampscott, Massachusetts, US |
| Education | University of Michigan (BS) |
| Marital status | Divorced |
| Spouse | Renee Satherthwaite (2009 – 2017) |
| Children | 0 |
| Nationality | American |
| Parents | Linda Portnoy (mother) Michael Portnoy (father) |
Professional Career- Barstool Sports & One Bite Pizza Reviews
Portnoy started his career with the Yankee Group in 1999 and simultaneously began to work on an early iteration of Barstool Sports. It was initially a sports newspaper of four pages that focused on young men. Dave handed out the newspaper on subway platforms and street corners. After struggling for a few years, Portnoy began finding success with Barstool in 2004 after he started placing photos of women in bikinis on its front page. Finally, after three years, Barstool expanded into a blog and became quite popular among the targeted audience.
In 2016, a majority stake in Barstool Sports was purchased by the Chernin Group. Again in 2020, a 36% stake in Barstool Sports was purchased by Penn Entertainment for $163 million in cash as well as stocks. After the purchase, Penn launched a mobile app known as the Barstool Sportsbook in 12 states all over the US. Two years later, in February 2023, Penn acquired the whole company for $388 million. However, in August 2023, Portnoy brought his company back for $1 with the clause that if the company is ever sold again, Penn Entertainment would take 50% of the amount.
Apart from Barstool Sports, Dave is well-known for his internet show One Bite Pizza Reviews. On his show which he started in 2017, Portnoy reviews pizza restaurants around the world along with certain celebrity guests every now and then. His show is so popular that the restaurants that get positive reviews on the show experience a rise in popularity.
Mayoral Campaign
In 2013, Portnoy launched a campaign to become the mayor of Boston. He raised over $17,000 in campaign contributions but failed to submit enough nomination signatures to qualify for the ballot.
Controversies & Legal Matters
Portnoy was detained in 2015 by New York City police after he and three Barstool employees handcuffed one another on the floor of NFL headquarters. This was in protest against the Deflategate scandal. Again in 2019, Dave was placed in a holding cell at Mercedes-Benz Stadium for a portion of Super Bowl LIII. A day before the event, he had created fake passes to attend a press event and was prohibited from attending the game.
In 2019, Portnoy was investigated for his Twitter posts on the suspicion that he was threatening his workers to fire them if they unionized. According to some reports, he even created a fake account to encourage his employees to unionize just to find out about them. He later had to delete his threatening tweets and remove any potential anti-union material created by Barstool Sports to settle the issue.
Dave Portnoy on Social Media
Frequently Asked Questions
What is the net worth of Dave Portnoy in 2023?
$125 million (approx.)
Will Dave Portnoy sell Barstool to another company in the future?
Probably not. Portnoy uploaded a video on social media stating he will never sell his company ever again.
What is the height of Dave Portnoy?
5’10.5″
Who is the CEO of Barstool Sports?
Erika Nardini (2016 – present)
Did David Portnoy ever file for bankruptcy protection?
Portnoy filed for bankruptcy protection in 2004 due to large gambling losses.