Dave Portnoy, famously known as El Presidente, is a name that resonates with sports enthusiasts, stock traders, and internet followers alike. As the dynamic founder of Barstool Sports, Portnoy’s journey to wealth is filled with entrepreneurial spirit, strategic investments, and a charismatic public persona. His rise to fame and fortune is not just a story of financial success but also one of influence and innovation in the digital age.
In this article, we will explore the various aspects of Dave Portnoy net worth, detailing how he built his empire from the ground up. We’ll delve into his early life, the growth of Barstool Sports, significant acquisitions, and his various investments.
Biography
Informational Table
Attribute | Details |
Full Name | David Scott Portnoy |
Nickname | El Presidente, Davey Pageviews |
Gender | Male |
Birthday | March 22, 1977 |
Age | 47 (as of 2024) |
Birthplace | Swampscott, Massachusetts, USA |
Current Residence | Miami, Florida, USA |
Zodiac Sign | Aries |
Nationality | American |
Ethnicity | Caucasian |
Religion | Jewish |
Education | University of Michigan |
Profession | Internet Entrepreneur, Media Mogul |
Father | Michael Portnoy |
Mother | Linda Kaufman |
Marital Status | Divorced |
Spouse | Renee Satherthwaite (ex-wife) |
Children | None |
Height | 6 feet 2 inches (188 cm) |
Weight | Approx. 189 lbs (86 kg) |
Hair Color | Brown |
Eye Color | Brown |
Net Worth | $120 million |
Source of Income | Barstool Sports, Stock Investments |
Social Media | Twitter, Instagram, TikTok |
Who is Dave Portnoy?
Dave Portnoy, born on March 22, 1977, in Swampscott, Massachusetts, is an internet entrepreneur known for founding Barstool Sports. He graduated from the University of Michigan with a degree in education but quickly pivoted to the world of sports media. Portnoy’s initial foray into the sports and gambling world began with a print publication, which he later transformed into a digital empire.
Portnoy’s rise to fame was marked by his unfiltered commentary and engaging content. His alter egos, such as Davey Pageviews and El Presidente, are well-known in the sports and entertainment industry. Portnoy’s outspoken personality and innovative content strategies have made him a social media sensation, with millions of followers across various platforms.
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What is Dave Portnoy Net Worth and Salary?
As of 2024, Dave Portnoy net worth is estimated to be around $120 million. This substantial wealth stems from his stakes in Barstool Sports, lucrative investments in the stock market, and various real estate holdings. Portnoy’s earnings have seen a significant boost following major business deals and his successful investment strategies.

Portnoy’s salary, while not publicly disclosed, is believed to be considerable given his critical role at Barstool Sports and other ventures. His diverse income streams, from media earnings to stock market profits, paint a picture of a well-rounded financial portfolio. Portnoy’s financial acumen and business ventures have ensured a steady increase in his wealth over the years.
Early Life
David Scott Portnoy grew up in Swampscott, Massachusetts, where he displayed early signs of a competitive spirit and entrepreneurial mindset. He attended Swampscott High School, excelling in academics and sports. After high school, Portnoy pursued higher education at the University of Michigan, where he graduated with a degree in education in 1999.
Before founding Barstool Sports, Portnoy worked at the Yankee Group, a technology market research firm in Boston. His early career experiences at Yankee Group equipped him with valuable skills in research and analysis, which later proved instrumental in his entrepreneurial ventures. Portnoy’s shift from education to the corporate world laid the foundation for his future success in media and investments.
Barstool Sports
Barstool Sports was founded by Dave Portnoy in 2003 as a small sports and gambling print publication distributed around Boston. The publication offered gambling tips, sports news, and fantasy sports projections. Over time, Barstool evolved into a digital powerhouse, expanding its content to include a wide range of topics such as pop culture, entertainment, and lifestyle.

The turning point for Barstool Sports came with the rise of social media and digital content. Portnoy capitalized on this trend, launching popular segments like “One Bite with Davey Pageviews,” where he reviews pizza, and “Davey Day Trader,” where he shares his stock trading adventures. These initiatives not only broadened Barstool’s audience but also cemented Portnoy’s status as a versatile and engaging content creator.
Chernin Acquisition Deal
In 2016, The Chernin Group acquired a majority stake in Barstool Sports, valuing the company between $10 million and $15 million. This acquisition was a game-changer for Barstool, providing the financial backing and resources needed to expand its operations and content offerings. Despite selling a significant portion of his company, Portnoy retained a crucial role in the creative direction and management of Barstool.
The Chernin deal enabled Barstool Sports to increase its digital footprint and diversify its content. Under the new ownership structure, Barstool launched several successful podcasts, video series, and live events, solidifying its position as a leader in the digital sports media landscape. The partnership with Chernin was pivotal in transforming Barstool from a niche publication to a mainstream media entity.
Penn National Acquisitions
In January 2020, Penn National Gaming acquired a 36% stake in Barstool Sports for $163 million, valuing the company at approximately $450 million. This acquisition marked another significant milestone in Barstool’s growth and significantly boosted Portnoy’s net worth. The deal included both cash and stock, giving Portnoy and his team a vested interest in Penn National Gaming’s success.
Following the acquisition, Barstool Sports and Penn National Gaming collaborated to leverage Barstool’s brand for sports betting and online gambling ventures. This strategic partnership aimed to capitalize on the growing sports betting market in the United States. In 2023, Portnoy repurchased Barstool Sports from Penn National, highlighting his commitment to the brand and its future.
Stock Holdings and Sales
Dave Portnoy’s stock holdings have been a significant contributor to his wealth. Known for his investment acumen, Portnoy has held positions in several high-profile companies. His investment portfolio includes stocks in Spirit Airlines, ServiceNow, Estee Lauder, Wynn Resorts, Celsius Holdings, AMC Entertainment Holdings, GameStop, Starbucks, and Lululemon Athletica.
Portnoy’s approach to investing often combines high-frequency trading with value investing principles. His bold moves in the stock market, particularly during the GameStop short squeeze, have garnered widespread attention. Portnoy’s transparent sharing of his investment strategies through his “Davey Day Trader” live sessions has made him a popular figure among retail investors and trading enthusiasts.
The Barstool Fund
In December 2020, in response to the devastating impact of the COVID-19 pandemic on small businesses, Dave Portnoy launched The Barstool Fund. This philanthropic initiative aimed to provide financial assistance to small businesses struggling to survive during the economic downturn. The fund quickly gained traction, raising over $41 million and helping more than 400 businesses across the United States.
Portnoy’s efforts with The Barstool Fund showcased his commitment to supporting small businesses and his ability to mobilize his vast network of followers for a noble cause. The initiative not only provided much-needed relief to numerous businesses but also enhanced Portnoy’s public image as a compassionate and socially responsible entrepreneur.
Personal Life
Dave Portnoy’s personal life has been as colorful as his professional career. He was previously married to Renee Satherthwaite, whom he divorced in 2017 after eight years of marriage. Despite their separation, they have remained on good terms. Portnoy is currently dating Silvana Mojica, a model and social media influencer, and the couple often shares glimpses of their life together on social media.

Portnoy’s personal life, including his relationships and lifestyle, has been a topic of interest among his fans and followers. His candidness about his personal experiences and his larger-than-life persona have contributed to his popularity and relatability. Whether it’s his romantic relationships or his day-to-day adventures, Portnoy’s personal life continues to captivate his audience.
Spending Habits
Dave Portnoy is known for his extravagant spending habits, reflecting his substantial net worth. From high-end real estate purchases to luxury cars and lavish vacations, Portnoy’s lifestyle is a testament to his financial success. He frequently shares glimpses of his opulent life on social media, showcasing his penchant for fine dining, exotic travel destinations, and high-end fashion.
Despite his lavish spending, Portnoy is also recognized for his philanthropic efforts. His initiatives, such as The Barstool Fund, demonstrate a balance between indulgence and generosity. Portnoy’s spending habits highlight his ability to enjoy the fruits of his labor while also giving back to the community.
Real Estate Holdings
Portnoy’s real estate portfolio is a significant aspect of his net worth. He owns several luxurious properties, including a stunning mansion in Nantucket and a high-end apartment in Miami. These properties are not only valuable assets but also reflect Portnoy’s taste for luxury and comfort. His Nantucket mansion, purchased in 2020 for $2 million, is a prime example of his high-end real estate investments.
In addition to his Nantucket property, Portnoy’s Miami apartment, located in the prestigious area of Brickell, is another noteworthy asset. Purchased for $1.4 million in 2021, the apartment features breathtaking views and state-of-the-art amenities. Portnoy’s real estate holdings underscore his strategic approach to asset diversification and wealth management.
Quick Facts
- Full Name: David Scott Portnoy
- Nickname: El Presidente
- Born: March 22, 1977
- Education: University of Michigan
- Dave Portnoy Net Worth: $120 million (estimated)
- Occupation: Internet entrepreneur, founder of Barstool Sports
- Known For: Barstool Sports, One Bite Pizza Reviews, Davey Day Trader
- Philanthropy: The Barstool Fund
Final Thoughts
Dave Portnoy’s journey from a small-time publisher to a media mogul is inspiring. Dave Portnoy net worth reflects his hard work, strategic investments, and entrepreneurial spirit. Portnoy’s story is a testament to the power of persistence, innovation, and a unique personal brand.
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FAQs
What is Dave Portnoy’s net worth?
Dave Portnoy’s net worth is estimated to be around $120 million.
How did Dave Portnoy make his money?
Portnoy made his money primarily through Barstool Sports, investments, and real estate.
What is The Barstool Fund?
The Barstool Fund is a philanthropic initiative launched by Portnoy to support small businesses affected by the COVID-19 pandemic.
Who is Dave Portnoy dating?
Dave Portnoy is currently dating Silvana Mojica.
What are some of Dave Portnoy’s investments?
Portnoy has invested in companies like Spirit Airlines, ServiceNow, Estee Lauder, Wynn Resorts, Celsius Holdings, AMC Entertainment Holdings, GameStop, Starbucks, and Lululemon Athletica.