DAVE Portnoy has raked in millions of dollars after he founded the digital media company, Barstool Sports.
After its launch in 2003, the 46-year-old then went on to sell it for a fortune while becoming a partial owner with complete control.
What is Dave Portnoy's net worth?
As of March this year, it has been reported that Dave Portnoy has a net worth of $120million.
This huge figure comes from his career as an American sports media icon and internet entrepreneur.
In 2016, Portnoy sold a majority stake of the company to Peter Chernin's The Chernin Group for a reported $15million but still remained 100 percent in control of the company, which later went on to add podcasts, gambling content, merchandise, alcohol brands, TV shows and more.
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In January 2020, Penn National Gaming then acquired a 36 percent stake in Barstool Sports at a valuation of $450 million.
Penn acquired the remainder of the company in February 2023 for $388 million but Portnoy re-acquired Barstool in August 2023.
Prior to his Barstool success, Portnoy graduated from The University of Michigan with a degree in education and then moved to Boston to work for the Yankee Group, an independent technology research and consulting firm.
Portnoy was employed by the Yankee Group for four years before leaving the company to focus on Barstool Sports.
Did Dave create a frozen pizza?
Over the years, Portnoy has been known for his pizza obsession and cleverly decided to make some money off of it.
In September 2021, Portnoy teamed up with HappiFoodi to launch the One Bite frozen pizza, which has since been distributed to over 3,500 Walmart locations.
Just weeks after its launch, Portnoy then revealed that he has sold nearly a quarter-million thus far.
"I don't want to say it was a logical step, but a lot of people were like, 'Hey, you should do your own frozen pizza," the multi-millionaire told TMZ Live.
"So, it was a while in the works. We finally got it out, and I don't want to say anything surprises me, but I think last call about a week and a half ago we sold close to a quarter-million of these things throughout Walmart. They're flying."
The frozen pies cost around $8 and can be found at Walmart's across the nation.
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Was Dave Portnoy suspended from Twitter?
According to Mediate, Portnoy was banned from the social platform for 12 hours after he posted revealing emails with the editor of Business Insider.
In November 2021, he reportedly shared an email between himself and Insider Editor-in-Chief Nicholas Carlson, in which a Barstool staffer asked Carlson to come onto Portnoy’s video podcast to discuss the outlet’s report last week about sexual misconduct allegations against the sports entertainment mogul -but Carlson declined.
Insider’s piece reported on allegations that Portnoy had violent sexual relations with three women, who anonymously came forward to share their stories.
Portnoy denied all allegations and even made an appearance on Tucker Carlson Tonight, calling the report “character assassination”.
After new allegations were made in February last year, Portnoy announced a lawsuit against the publication.
A federal judge dismissed the lawsuit in November - then Portnoy filed an appeal of the dismissal.
In February 2023, he dropped his appeal.
His Twitter account, @stoolpresidente, is now back up and running and he has racked up a mega 2.9million followers on the platform.
