Dan Bilzerian, famously known as The King of Instagram, is one of the best known American social media celebrities. He has a net worth of $200 million. But, how did he get to this net worth? How does he spend his wealth? What is his private life? To get an understanding of all these, let’s sail together to the end.
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Personal Information
Net worth: $200 Million
Full Name: Dan Brandon Bilzerian
Nick Name: Instagram King
Date of Birth: 7th December 1980
Place of Birth: Tampa Bay, Florida
Nationality: American
Age: 41
Occupation: Actor, Gambler, Professional Poker
Early Life and Education of Dan Bilzerian
Dan Bilzerian, born on 7th December 1980 in Tampa Bay, Florida, as a son of Paul Bilzerian and Terri Steffen. His father, Paul Bilzerian, was an Armenian, and Dan Bilzerian was an Armenian descent. Paul Bilzerian was a renowned private takeover specialist in the 1980s, so he left Dan Bilzerian with a fortune.
When he was eight years, his father Paul was indicated for tax and security fraud. He was later in 2001 declared bankrupt, claiming assets worth $15000 with a debt worth $140 million.
Dan Bilzerian’s school life was wild, and he was expelled several. He was sent away from two different schools for just one year. One day, he risked carrying his father’s assault rifle to brag with it at school. This made him be banished not only from school but also away from the state of Utah.
He had an elder brother, Adam, who is a poker too. His family lived in a mansion with ten bedrooms that sat on a 28000 square feet piece of land. The estate was foreclosed after Paul Bilzerian relocated to the Caribbean to escape an arrest.
Before Dan Bilzerian’s father was indicted for tax and security fraud, he had already set up a trust fund for him and his brother Adam. The unknown sum of money on Dan Bilzerian’s trust is attributed to his present-day opulent lifestyle.
In the year, 2000 he was admitted to the Navy SEALs training program, but his attitude made the training officials kick him out. This pushed him to venture into the world of poking.
Career Life of Dan Bilzerian
He attended the Navy SEALs training for two weeks, but he was later kicked out of the movement before graduating. This was as a result of his continued disagreement with his trainers and bad behavior. They usually disagreed with his trainer that involved a violation of the gun range.
After being thrown out of the Navy SEALs training, he joined the University of Florida, where he specialized in Business and Criminology.
In 2009 when he was 29 years old, he started playing poker professionally. In the 2009 World Series of Poker Main Event, Dan Bilzerian was able to finish in 180th place. This was his first successful official poker event. This event saw his winnings top $36000 since Dan Bilzerian has been millions if not tens of millions from the private poker events.
More About Dan
Dan Bilzerian and other celebrities had won a lot of money from Bradley Ruderman, a Ponzi scheme artist, during his poker activities. Bradley Ruderman was later sentenced to prison, and in 2011 Dan Bilzerian, together with other poker celebrities, were asked to pay back the money they had won from Bradley Ruderman. The money they were asked to pay back could be used to pay the people Bradley Ruderman had stolen from during his criminal career.
In the same year, 2011, Alex Rodriguez was accused of gambling illegally, and Dan Bilzerian is defending him.
During one of the legendary poker events in 2014, he is reported to have won $12.8 million. After this win, he took a private jet to Mexico to celebrate immediately. In the same year, he also won $50 million from playing poker.
Consequently, he has been named the “Funniest Poker Player on Twitter” by Bluff Magazine. He is also a co-founder of Victory Poker.
Apart from the poker career, he has also made an appearance on different films, including;
- The Other Woman
- The Equalizer
- Extraction
- Cat Run 2
- War Dogs (2016)
- Lone Survivor
- Olympus Has Fallen
In 2014, he was arrested at LAX Airport on judges of bomb-making, but the judges were dropped, and he was released the same day.
Personal Life of Dan Bilzerian
He is on record announcing his interest in running for the presidential seat in June 2015 but later endorsed Donald Trump in 2016.
He flew together with his brother Adam and his father to Armenia to take an oath in a quest to obtain Armenian citizenship.
Dan Bilzerian’s Net Worth
Dan Bilzerian’s net worth as of 2021 stands at $200 million. Here is a breakdown on he got at $200 million;
- 2013 – $50 million
- 2014 – $100 million
- 2015 – $120 million
- 2016 – $150 million
- 2017 – $170 million
- 2018 – $180 million