Who is Phil Ivey and what is net worth of him? Phil Ivey is an American poker player who was considered as the best poker player in the world. As a pro poker player, he has won the World Series of Poker bracelets ten times and is also the winner of World Poker Tour title. Phil Ivey was elected to the Poker Hall of Fame in 2017. He is an all-around player who has played poker across the world. He first started playing poker when he was 8 years old. He has amassed huge wealth by playing poker. He was named as the Poker Player of the Year in 2005.
Phillip Dennis Ivey Jr. popularly was born on February 1, 1977, in Riverside California. He was born to parents Pamela Ivey and Phil Ivey Sr. When he was three months old, Ivey’s family moved to Roselle in New Jersey. At 8 years, his grandfather taught him to play poker. While growing up, he used to enter casinos in New Jersey and Atlantic City to play real poker. In the late 1990s, he used to work at a telemarketing firm in New Jersey. There he used to play poker with his c-workers. He used to secure ID cards to play poker. In his id card, one of his nicknames was “No Home Jerome”. By winning the 2002 WSOP (World Series of Poker) bracelets, he was given the nickname “The Phenom”. He is also sometimes referred as the “the Tiger Woods of Poker”.
In 2009, Phil Ivey divorced from his wife Luciaetta. He lives in Las Vegas and is a fan of basketball clubs Houston Rockets, Buffalo Bills, and Los Angeles Rockers. He loves playing video games and golf.
In the World Series of Poker 2002, he won three bracelets. He was tied with top poker players to have maximum wins in the World Series. In 2000, he also won a bracelet in Pot Limit Omaha. In 2000, he became the first individual to defeat Amarillo Slim at the WSOP final table. From 2002 to 2009, he has finished four times in the top 25 of the World Series of Poker. He was voted as the Tournament of Champions in the 2010 WSP. Ivey is tied with Johnny Chan and Doyle Brunson to have 10 WSOP bracelets.
In addition to that, he is also the fastest player to achieve 10 bracelets. Ivey is also the record holder to have won five mixed-game bracelets in WSOP. In 2014, he won Eight Game Mix. He has won several other events and has won the 2013 APAC Mixed Event. He has reached the World Poker Tour finals nine times, he made his debut in the European Poker Tour in 2006 which was held in Barcelona, Spain. In 2005, he won the Monte Carlo Millions tournament.
Apart from winning several poker tournaments, Phil Ivey has also won the ‘All In Magazine’ Poker Player of the Year in 2005. This was again followed in 2009.
Phil Ivey Net Worth
By playing poker for money, Phil Ivey has made good money. Phil Ivey’s net worth is an estimated $120 million. Thanks to his apt poker playing technique that he has been able to accumulate this fortune. He won $1,596,100 at the Commerce Casino in 2008. By capturing the Monte Carlo Millions tournament he pocketed $1 million. His career’s largest single cash came by winning AU$4,000,000 at the Aussie Millions LK Boutique $250,000 Challenge in 2014.
He again won the event next year by winning AU$2,205,000. Ivey won $7.34 million from online poker in 2008 which was followed by $6.33 million and $3 million in 2009 and 2010 respectively. He is currently listed at no 5 on the all-time money list. Till 2016, his total tournament earnings have exceeded $23,800,000. Apart from that, he has also successfully founded two companies. The companies are ‘Ivey Poker’ and ‘Ivey League’.
Phil Ivey has won a number of poker tournaments and has seen a huge increase in his wealth. But he has also supported to a number of charities. He donated $50,000 to underprivileged children in March 2008. He also founded the Budding Ivey Foundation, which is involved in feeding the homeless and children’s literacy programs.