Is Phil lying about his mega-money off the table?
 

Read some article somewhere and also saw it on wikipedia that Phil Hellmuth was quoted to reportedly make over 400 million (not sure if this is a year or what time frame) off the poker table. Anyone have any info on this, I mean I know he makes a lot more w/ sponsorships / books / videos / whatever outside investments he has than money he makes from poker, but 400 million give me a break.

Re: Is Phil lying about his mega-money off the table?
 

Well he did just make an appearance on a rap video. That should be interesting. I agree that $400 million seems a bit high.

Re: Is Phil lying about his mega-money off the table?
 

haha, that reminds me when Jerry Buss said Phil Hellmuth sounded like a rapper.

Re: Is Phil lying about his mega-money off the table?
 

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Read some article somewhere and also saw it on wikipedia that Phil Hellmuth was quoted to reportedly make over 400 million (not sure if this is a year or what time frame) off the poker table. Anyone have any info on this, I mean I know he makes a lot more w/ sponsorships / books / videos / whatever outside investments he has than money he makes from poker, but 400 million give me a break.

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I don't know the amounts involved, but in a interview I say recently PH said that he spent a year not playing nearly as much, concentrating on business ventures, to make sure that his family was "set for life" and that he was ready to concentrate on poker again.

When you think about how much money some athletes make from endorsements, the numbers could certainly be well into the millions when you add it all up.

to just one example, think of all the actors and celebrities ware are interested in poker, and who have almost unlimited funds to pay for coaching, etc.

Add to that books, videos, gear, web sites, poker site affiliations, newspaper columns, etc.

Two very good young Russian tennis players come to mind. We all know about Maria Sharapova, the "Poweshot" girl, a hottie, and also one of the top tennis players in the world

And then there is Anna Kournikova. As a teenager she was briefly ranked in the top ten in the world, and she was the next big thing in tennis.

However, she took an entirely different route than Sharipova. Instead of trying to be the number one tennis player in the world, she capitalized on her looks and popularity and did the celebrtiy thing, concentraing on modeling, promotion and endorsement.

She never realized her potential as a tennis player, but she made scads of money, and a least for a year, that's what Phil did. I don't know how much he made, or can make in the future, but he seems very happy with the choices that he has made.

Re: Is Phil lying about his mega-money off the table?
 

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Well he did just make an appearance on a rap video.

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w/ who??

Re: Is Phil lying about his mega-money off the table?
 

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Read some article somewhere and also saw it on wikipedia that Phil Hellmuth was quoted to reportedly make over 400 million (not sure if this is a year or what time frame) off the poker table. Anyone have any info on this, I mean I know he makes a lot more w/ sponsorships / books / videos / whatever outside investments he has than money he makes from poker, but 400 million give me a break.

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400 million is a joke. Maybe, just maybe he grosses $5 million a year but his expenses and gambling losses eat into that. Even his books, while popular aren't huge money machines - they have a limited audience and he gets an advance on the sales which means he won't see any money from book sales until they equal his advance.

Poker Pro's always like to talk a good game but there are very few of them who consistently net more than $5m a year.

Re: Is Phil lying about his mega-money off the table?
 

Maybe $40M if he was incredibly astute/lucky. His endorsements can't amount to THAT much... unless he has Howard Stern's agent

Re: Is Phil lying about his mega-money off the table?
 

I hope to God Pralad Freedman isn't in the rap video!

Re: Is Phil lying about his mega-money off the table?
 

frisbee is fun...

for everyone...

Re: Is Phil lying about his mega-money off the table?
 

I heard UB gives him a cut of all the money they steal from their customers.

Re: Is Phil lying about his mega-money off the table?
 

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Well he did just make an appearance on a rap video.

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w/ who??

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ProHoeZak, Raw, Alexander Neal and Holly Rae. The rappers all work with InYaFace Records, a California-based record label.

http://www.thepokerbiz.com/2007-wsop...r-in-rap-video

Re: Is Phil lying about his mega-money off the table?
 

At the end of the Heads Up championship, Ted Forrest talked about losing 3.8 million in one session. So, if he can afford to lose that much, what is his yearly intake?

Has to be a huge number, and he isn't even an "endorsement magnet" like Hellmuth.

Re: Is Phil lying about his mega-money off the table?
 

That was against Beal so it's like 3.8/10

Re: Is Phil lying about his mega-money off the table?
 

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At the end of the Heads Up championship, Ted Forrest talked about losing 3.8 million in one session. So, if he can afford to lose that much, what is his yearly intake?


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but they have backers though. Not all that money was from Forrest.

Re: Is Phil lying about his mega-money off the table?
 

I dunno about 400 million, thats in Tiger Woods league and he's no where even within sneezing distance of endorsements like that. His book was a NY times bestseller([censored] as it is) plus his endorsements and poker winnings, investments, ect. I'd put him around 100 mil

Re: Is Phil lying about his mega-money off the table?
 

An interview I heard with Phil on tv recently had him saying that he was taking care of his family with a lot of business ventures/investments. He mentioned that he has an ownership stake in Cardplayer Magazine. That probably does VERY well for him, certainly not all of the $400M, but he might be involved in some other things of that nature that really bring in the big bucks.

Re: Is Phil lying about his mega-money off the table?
 

i was saying 100mil net worth btw. Not per year

Re: Is Phil lying about his mega-money off the table?
 

I think he was stressing the importance of his self-promotion saying that what he makes at the tables is nowhere near what he expects to make off it (the 400 mill). Not that he has made or is already worth that amount.

Re: Is Phil lying about his mega-money off the table?
 

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Well he did just make an appearance on a rap video.

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w/ who??

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ProHoeZak, Raw, Alexander Neal and Holly Rae. The rappers all work with InYaFace Records, a California-based record label.

http://www.thepokerbiz.com/2007-wsop...r-in-rap-video

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ProHoeZak? r u serious?

Re: Is Phil lying about his mega-money off the table?
 

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i was saying 100mil net worth btw. Not per year

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Thank god you corrected that because I was laughing very hard.

I still doubt that his net worth is anywhere near $100M though. People underestimate how hard it is to accumulate that much in assets. The tax man takes out a large chunk and all your expenses come out too. Book deals - even for those that become bestsellers - are not that lucrative unless you are JK Rowling. Owning a few homes equals maybe $5-7M assuming he has 100% equity in them and isn't paying a mortgage. Cars don't build up enough value. Stocks and bonds are good but he'd have to be socking huge amounts of cash away for years to build it up that high.

Re: Is Phil lying about his mega-money off the table?
 

I heard Phil owned a part of the company that makes Vitamin Water. When they sold to Coke he made $400 million.

Re: Is Phil lying about his mega-money off the table?
 

doesn't he also have an energy drink or something? Never seen it but i think i heard that

Re: Is Phil lying about his mega-money off the table?
 

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I heard Phil owned a part of the company that makes Vitamin Water. When they sold to Coke he made $400 million.

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Even if that was true you don't really believe that he made the entire $400 million do you? He was probably one of several dozen or more investors and who knows what his participation percentage was?

Re: Is Phil lying about his mega-money off the table?
 

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I heard Phil owned a part of the company that makes Vitamin Water. When they sold to Coke he made $400 million.

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Even if that was true you don't really believe that he made the entire $400 million do you? He was probably one of several dozen or more investors and who knows what his participation percentage was?

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its possible he made that much since it sold for 4.2 billion. 50 cent made 400 million off the sale according to wikipedia for owning 10%.

Re: Is Phil lying about his mega-money off the table?
 

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I heard Phil owned a part of the company that makes Vitamin Water. When they sold to Coke he made $400 million.

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Even if that was true you don't really believe that he made the entire $400 million do you? He was probably one of several dozen or more investors and who knows what his participation percentage was?

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its possible he made that much since it sold for 4.2 billion. 50 cent made 400 million off the sale according to wikipedia for owning 10%.

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LOL.

Re: Is Phil lying about his mega-money off the table?
 

you can laugh at wikipedia but the only thing that would be in dispute in this case is if he really does own 10%. Its a fact it sold for 4.2 billion. which 10% of is 420 million.

Re: Is Phil lying about his mega-money off the table?
 

6 months ago i heard that phil was on the borrow.

Re: Is Phil lying about his mega-money off the table?
 

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I heard Phil owned a part of the company that makes Vitamin Water. When they sold to Coke he made $400 million.

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Even if that was true you don't really believe that he made the entire $400 million do you? He was probably one of several dozen or more investors and who knows what his participation percentage was?

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its possible he made that much since it sold for 4.2 billion. 50 cent made 400 million off the sale according to wikipedia for owning 10%.

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That post was a level referring to the 50cent rumor...

Re: Is Phil lying about his mega-money off the table?
 

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i was saying 100mil net worth btw. Not per year

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He has at least 10 mil, maybe 20 mil but nowhere near 100 mil you must be crazy. Still, 10 or 20 mill is enough to take care of phil's family and any family unless you are latrell sprewell.

Re: Is Phil lying about his mega-money off the table?
 

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i was saying 100mil net worth btw. Not per year

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He has at least 10 mil, maybe 20 mil but nowhere near 100 mil you must be crazy. Still, 10 or 20 mill is enough to take care of phil's family and any family unless you are latrell sprewell.

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So you think he takes ~10% of his NET worth to the big game, not just his poker bank roll but his whole net worth??? He's a jackass but he's smarter than that. You can hate the guy, just as I do, but he is making bank

Re: Is Phil lying about his mega-money off the table?
 

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i was saying 100mil net worth btw. Not per year

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He has at least 10 mil, maybe 20 mil but nowhere near 100 mil you must be crazy. Still, 10 or 20 mill is enough to take care of phil's family and any family unless you are latrell sprewell.

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So you think he takes ~10% of his NET worth to the big game, not just his poker bank roll but his whole net worth??? He's a jackass but he's smarter than that. You can hate the guy, just as I do, but he is making bank

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Hellmuth plays in the big game? I admit that I don't really follow who plays there but are you sure he does? And even if he does have you heard of staking?

Re: Is Phil lying about his mega-money off the table?
 

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you can laugh at wikipedia but the only thing that would be in dispute in this case is if he really does own 10%. Its a fact it sold for 4.2 billion. which 10% of is 420 million.

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I'm literally in stiches at some of you believing that he makes $400M. Check out his bio that the wiki entry links to:

"Phil has estimated that he can make $400 million a year off the poker table."

He estimated he can make this. LOL. I estimate I could could fly to the moon but I doubt either will happen.


Whaaaaat?

Re: Is Phil lying about his mega-money off the table?
 

hes not a regular at the big game but he plays in it on occasion. As for 400 mill / year....he's dumber than jackass i guess

Re: Is Phil lying about his mega-money off the table?
 

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you can laugh at wikipedia but the only thing that would be in dispute in this case is if he really does own 10%. Its a fact it sold for 4.2 billion. which 10% of is 420 million.

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I'm literally in stiches at some of you believing that he makes $400M. Check out his bio that the wiki entry links to:

"Phil has estimated that he can make $400 million a year off the poker table."

He estimated he can make this. LOL. I estimate I could could fly to the moon but I doubt either will happen.


Whaaaaat?

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Right, as far as I know he said that he COULD make about 400 mill off the poker table.

Re: Is Phil lying about his mega-money off the table?
 

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you can laugh at wikipedia but the only thing that would be in dispute in this case is if he really does own 10%. Its a fact it sold for 4.2 billion. which 10% of is 420 million.

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I'm literally in stiches at some of you believing that he makes $400M. Check out his bio that the wiki entry links to:

"Phil has estimated that he can make $400 million a year off the poker table."

He estimated he can make this. LOL. I estimate I could could fly to the moon but I doubt either will happen.


Whaaaaat?

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I think that wikie entry is wrong. If not mistaken Phil said that he thinks he will be the first to make 100 mill from poker (and what I mean is all his ventures involving poker including advertising deals etc)

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forbes estimated 50 cent will get about 100 mil from the sale of vitamin water if the sale goes through

there might be anti trust issues involved