What is Phil Ivey’s Net Worth?
Introduction
Phil Ivey is an American professional player of poker.
Ivey has won ten World Series of Poker Bracelets, one World Poker Tour title, and appeared at nine World Poker Tour final table tables. Many poker players and observers consider Ivey the best all-around player.
In 2017, he was elected to the Poker Hall of Fame.
Phil Ivey’s net worth was estimated at around $100 million as of June 2022.
Early Life
Phillip Dennis Ivey Jr. was conceived in California on the 1st of February 1977.
In the late 1990s, he began playing poker against his coworkers in New Jersey.
His nickname, “No Home Jerome”, is a result of the fake ID card that he obtained to play poker in Atlantic City (New Jersey) in his teenage years. After winning three World Series of Poker bracelets, Ivey was nicknamed “The Phenom”.
Career
Ivey’s tournament achievements include three bracelet wins at the 2002 World Series of Poker. He also tied Ted Forrest and Phil Hellmuth Jr.
He also has bracelets in Pot Limit Omaha dating back to 2000 and 2005. He defeated Amarillo in slim heads-up in 2000 at a WSOP Final Table.
Ivey finished in the top 25 four times during the 2002 World Series of Poker as well as the 2009 World Series of Poker. Ivey placed 23rd in 2002 and 10th in 2003. Ivey placed 20th in 2005. Ivey was 7th in 2009.
He was the World Series of Poker’s 2010 Champion. Ivey took home his eighth bracelet at the 2010 WSOP in the $3,000 H.O.R.S.E. Ivey was part of a table that included other prominent players.
Between 2002 and 2009 he was one of the top 25 players in Main Event. He finished in the Top 25 in four fields that ranged in size from 600 to less than 7,000.
Phil Ivey’s net worth is approximately $100 million as of June 20, 2022.
How Does Phil Ivey Spend His Money
Phil Ivey spends a portion of his money on high-end NBA games, and the rest on charity donations.
Ivey is a big fan of the NBA’s Houston Rockets, and L.A. Lakers. Ivey isn’t the only person who loves to cheer on his favorite teams.
He enjoys playing golf. Ivey was third in the inaugural World Series of Golf. He enjoys playing video games and placing side bets in his spare time.
Ivey has also a charitable side. He generously donated to Empowered to Excel, and he is co-founder of Budding Ivey Foundation.
Highlights
These are some of Phil Ivey’s greatest moments:
- Has won ten World Series of Poker bracelets
- Poker Hall of Fame (2017)
Three Life Lessons From Phil Ivey
Now that you’re familiar with Phil Ivey and his net worth, let’s look at some of his lessons.
1. Chances
You need to take risks and be able to recognize when you are losing and how to maximize your chances of winning.
2. Ambitions
Today’s people are often too ambitious. Their goals are set too high from the beginning, so they end up overdoing them and quitting their job.
3. Fight
You get your chips your way if you fight for it.
Favorite Quotes From Phil Ivey
I view Ivey League as part of my legacy and I want the world to learn how to win at poker. I want to create a training site that will help those who have never played with cards, as well as meet the needs of high-level players who are creating a game of international standard.
I never imagined poker not working out. I thought that this was what I wanted to do for the rest of my life when I first started playing poker. It’s important to think this way. If it doesn’t work out, then you can move on. If you think differently, you are setting yourself up for failure .”