As the founder and CEO of PHP, an insurance company, Patrick Bet-David is well known. Nevertheless, you may have seen him on YouTube as he offered advice to aspiring business owners. He was raised in a war-torn region of Iran and fled as a young child.
After working for a while, he decided to try his hand at starting his own business. Patrick-Bet David was born in Iran, but when he was 10 years old, his family moved to the United States. During the Iranian revolution, they were refugees who escaped a war-torn Iran and later attained American citizenship.
Patrick Bet-David Biography
Iran is where Patrick Bet-David was born on October 18, 1978. At the age of 10, six weeks after Khamenei’s passing, his family departed Iran. In a camp for refugees, they arrived in Germany. They arrived in the country on November 28, 1990, landing in Los Angeles.
The youngsters initially laughed at him and treated him strangely since he struggled to speak English well. Patrick was mainly interested in math and history in high school because of how attractive the girls were.
He got his first job at Häagen-Dazs when he was 16 years old. Patrick discovered that his automobile had been stolen while staying at his sister’s apartment one night. He then made the decision to enlist in the US Army and served two years with the 101st Airborne Division.
Patrick Bet-David’s Net Worth
|Net Worth:||$200 Million|
|Born:||October 18, 1978|
|Country of Origin:||Iran|
|Source of Wealth:||Entrepreneur|
An American businessman, author, and financial advisor with a net worth of $200 million is Patrick Bet-David. Valuetainment Investments Group LLC and PHP Agency were founded by Patrick Bet-David. The P.H.P. Agency was founded in 2009 by Bet-David.
In 2013, he established Valuetainment, a media company where he teaches the principles of business and personal development and motivates individuals to push past their boundaries.
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Career & Success Story of Patrick Bet-David
He worked at a gym selling memberships after leaving the military. He received advice to leave his job and start selling his own products from an African girl he was dating. After that, he entered the banking sector and in 2017 obtained $10 million in expansion capital from a group of private equity investors that included Atalaya Capital, Gabriel Brener, and Oscar De La Hoya.
Patrick launches his own insurance sales, marketing, and distribution business, the PHP Agency, after working for a few conventional businesses. This company is currently among the financial industry’s fastest-growing businesses.
He gained enormous fame among business owners all over the world as a result of his “The Life of an Entrepreneur in 90 Seconds” video, which went viral. The principles of entrepreneurship and personal growth are covered in many of Patrick’s films on his Valuetainment youtube channel.
After receiving his Army discharge, Bet-David began his career in financial services with Morgan Stanley and the Transamerica Corporation. In 2009, Patrick Bet-David established PHP Agency, a marketing company for financial services that provide annuities, health insurance, and 401(k) rollovers among other insurance products.
Dallas, Texas serves as the location of the PHP agency. In 2017, the business secured $10 million in expansion capital from a group of private equity investors that included Atalya Capital, Gabriel Brener (CEO of Brener International Group and Owner of the Houston Dynamo MSL soccer team),
Oscar De La Hoya (retired champion boxer, Olympic gold medalist, boxing promoter, and Owner of the Houston Dynamo MLS soccer team), and Ambina Partners. Kobe Bryant and former president George W. Bush spoke at a convention that PHP organized in 2019 for 8,000 people.
Patrick asserts that great businesspeople and grandmasters in chess both possess the ability to foresee their next five moves by simply looking at the pieces on the board. In order to deconstruct the approach that great businesspeople frequently use,
he wrote the book Your Next Five Moves: Master the Art of Business Strategy. If you’ve lost your motivation, feel like you’ve struck a brick wall, or are seeking creative ways to advance your business, this book is aimed to inspire you.
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Along with owning the Valuetainment channel on YouTube and other new media platforms, Patrick Bet-David also owns Valuetainment Media LLC (Roku, etc.). Over 1.8 million people subscribe to Valuetainment on YouTube. With the help of his new media platform, Patrick shares his love of business while inspiring and educating the next generation of business owners.
President George W. Bush, Kevin Hart, Ray Dalio, Kobe Bryant, Mark Cuban, Steve Wozniak, Wayne Gretzky, Magic Johnson, John Calipari, and other successful businessmen and individuals have all been interviewed by Bet-David.
Entrepreneur, businessman, and insurance salesman Patrick Bet-David is an accomplished Iranian-American. Jennifer Bet-David and Patrick Bet-David are wed and have three children together.