Phil Ivey
Phil Ivey
Net Worth 2024: $120 million

Phil Ivey Net Worth 2024 – How Rich is Phil Ivey?

Net Worth
$120 million
Gender
Male
Birth Date
February 1, 1977
Profession
Poker Player
Nationality
American
Birth Place
Riverside, California, United States
Religion
Christian
Zodiac Sign
Aquarius
Net Worth 2024: $120 million
Phil Ivey
Phil Ivey

Phil Ivey is one of the most recognizable names in the world of professional poker. Often hailed as one of the greatest players to ever sit at a poker table, Ivey has amassed immense respect and a reputation that extends beyond just the game itself. Known for his strategic brilliance and innate ability to read his opponents, his journey from an ambitious novice to a legendary figure is inspiring. This article explores his net worth, early life, personal details, relationships, and career in a comprehensive manner.

Phil Ivey Net Worth

As a result of his formidable success at the poker table and beyond, Phil Ivey has accumulated a significant fortune. His estimated net worth is approximately $120 million. This wealth comes primarily from his poker winnings, which include live tournaments, cash games, and online poker. Ivey has been a frequent participant in high-stakes games, including those in the renowned “Big Game” in Las Vegas. He has also had sponsorship deals with major brands and owns a training site named “Ivey League.”

However, it is essential to note that his net worth has seen fluctuations due to legal issues involving casinos in both the U.K. and the U.S. He was embroiled in controversial cases related to “edge sorting,” a technique he used to identify card patterns in baccarat. Despite these challenges, his wealth remains a testament to his skill and business acumen.

Phil Ivey’s Early Life and Family

Born on February 1, 1977, in Riverside, California, Phillip Dennis Ivey Jr. soon moved with his family to New Jersey, where he grew up in the city of Roselle. His passion for poker was evident early on. He would play with his grandfather, who taught him the basics of the game. However, Ivey’s competitive spirit pushed him to learn more and refine his skills, which he often did by playing in local card rooms.

By the age of 18, he was a regular fixture in the underground poker scene in Atlantic City. Using a fake ID under the name “Jerome,” he played as much as possible, gaining valuable experience that would later become instrumental in his professional success. Despite the struggles and challenges of a young gambler, Ivey’s family remained supportive of his aspirations, believing in his potential to make a name for himself in the poker world.

Phil Ivey Height, Weight

Phil Ivey stands at an impressive height of 6 feet 2 inches (approximately 188 cm), and his athletic build gives him a distinctive presence at the poker table. While the exact figure of his weight is not publicly disclosed, his physique reflects his active lifestyle. His focus on health and fitness is notable, given that long hours of playing poker require concentration and physical endurance.

Phil Ivey Relationship Status and Personal Life

Phil Ivey has maintained a relatively private personal life despite being in the public eye. He was married to Luciaetta Ivey, but the couple divorced in 2009. Since then, Ivey has kept details of his personal relationships discreet. Known for his calm and collected demeanor, he tends to focus more on his career and personal growth rather than divulging private matters.

Off the poker table, Ivey is known for his philanthropy. He established the Budding Ivey Foundation, named in honor of his late grandfather, to provide educational opportunities and support to underprivileged children. Additionally, he enjoys playing golf, and his competitive spirit is evident in this hobby, where he has participated in numerous charity tournaments.

Phil Ivey Career

Phil Ivey’s career is nothing short of extraordinary. He made his debut in the World Series of Poker (WSOP) in 2000, securing his first bracelet in the Pot Limit Omaha event. This win was a prelude to a remarkable career where he went on to win a total of 10 WSOP bracelets, placing him among the top five all-time winners. He has reached the final table of various WSOP events over 30 times, showcasing his versatility and skill across different poker formats.

One of his most notable accomplishments was reaching the final table of the 2009 WSOP Main Event, where he finished in 7th place, securing over $1.4 million. This achievement added to his legacy, proving that he could compete against a broad field of thousands of players. Moreover, he has also been successful in other prestigious tournaments, including the World Poker Tour (WPT), where he has won multiple titles and reached numerous final tables.

In addition to his success in tournaments, Ivey has made a name for himself in high-stakes cash games. He has been a regular at the most exclusive poker games worldwide, including those in Las Vegas, Macau, and online platforms. His skill and reputation made him a feared opponent, often facing the best in the business.

However, his career was not without controversy. Ivey was embroiled in legal battles related to “edge sorting,” a technique he used to identify subtle patterns on the backs of playing cards in baccarat. The technique led to significant winnings in casinos in London and Atlantic City, but both casinos refused to pay, accusing Ivey of cheating. Despite losing the legal battles and repaying millions, his reputation as a top poker player remains intact.

Outside of playing poker, Ivey has ventured into business, founding the Ivey League poker training site to mentor aspiring players. While the site has since been discontinued, it showed his commitment to giving back to the poker community.

Frequently asked questions about Phil Ivey

Who is Phil Ivey?

Phil Ivey is a highly accomplished professional poker player widely considered one of the greatest in the history of the game. He has won 10 World Series of Poker (WSOP) bracelets and multiple World Poker Tour titles, showcasing his mastery across different poker formats. Known for his strategic prowess and keen observational skills, Ivey has amassed a substantial fortune through his tournament successes, high-stakes cash games, and business ventures.

Is Phil Ivey married?

Phil Ivey was previously married to Luciaetta Ivey, but they divorced in 2009. Since then, he has kept his personal life private and hasn’t disclosed details of any subsequent relationships.

What is the net worth of Phil Ivey?

Phil Ivey’s estimated net worth is around $120 million. This wealth comes from his poker winnings, participation in high-stakes cash games, sponsorship deals, and business ventures like his former poker training site, Ivey League.

How Many Children(s) does Phil Ivey have?

Phil Ivey has not publicly disclosed any information about having children.

What is the zodiac sign of Phil Ivey?

Phil Ivey’s zodiac sign is Aquarius, as he was born on February 1, 1977.