Gary Vaynerchuk Net Worth 2020
|Popular Name:||Gary Vaynerchuk|
|Real Name:||Gennady Vaynerchuk|
|Birth Date:||14 November 1975|
|Birth Place:||Babruysk, Belarus|
Lizzie Vaynerchuk (m. 2014)
|Profession:||Businessman, Author, Investor|
|Years active:||1998 Till Date|
|Net Worth:||$200 Million|
Gary Vaynerchuk racked up success in social media space and digital marketing. He is a famous Belarusian–American entrepreneur and internet personality, and leader of VaynerMedia and VaynerX companies. He is known to have transformed the wine business of his family from a $3 million enterprise to a $60 million empire in just a few years. He started doing small businesses as a teenager, selling flowers and baseball cards. He took over his father’s retail company and transformed it into a major e-commerce business. He laid the foundation of The Gallery, Wine Library, and VaynerMedia. He made many successful investments as an investor, and helped many companies flourish with his business expertise. In 2009, he ventured into authoring and signed a contract with HarperStudio for 10 books, and has written six books till date. He is also known as the “first wine guru of the YouTube era,” and has also made several appearances on television over the years.
Gary Vaynerchuk’s Early Life
Born Gennady Vaynerchuk in Babruysk, Belarus on 14 November 1975, he is the son of Tamara and Sasha Vaynerchuk. He moved to the United States with his family in 1978 when he was just 3. He traded flowers and baseball cards in school and made some money off it. In 1998, he earned his bachelor of art degree from Mount Ida College in Newton, Massachusetts.
Gary Vaynerchuk’s Career
Gary joined his father’s store in Springfield, New Jersey as an assistant in 1999. After some time, he changed the store’s name from “Shopper’s Discount Liquors” to “Wine Library.” In 2006, he started the webcast ‘Wine Library TV’ and led the business to a growth of $60 million from $3 million.
In 2009, Gary co-founded the digital agency called VaynerMedia with his brother. In 2015, their company became one of AdAge’s A-List agencies. A year later, it had 600 employees and a revenue of $100 million. It also started a partnership with Vimeo and began making digital content. A new company was formed by Gary in 2017, and he called it The Gallery. He also acquired the company PreWow which is now housed by The Gallery. He soon established another digital agency known as VaynerMedia. He then created the investment fund VaynerRSE. In 2014, he teamed with Jesse Redniss and David Beck and formed BRaVe Ventures.
Gary has made many personal investments in big companies like Facebook, Twitter, and Venmo. He has also made investments in several other startups, and made investments to start VaynerSports. He runs a YouTube channel called DailyVee where he broadcasts live, and documentary videos. He is the host of the video blog known as ‘Wine Library TV’.
Awards & Achievements
Gary Vaynerchuk is regarded as “the first wine guru of the YouTube era”. His is a recognized 4-time New York Times bestselling author. He has been featured on Wall Street Journal, GQ, and Time Magazines. He won a Market Watch Award in 2003, and appeared in “The Power List” by Decanter in 2009. In 2014, he was featured in Fortune’s 40 Under 40 list.
Personal Life & Family
Gary Vaynerchuk wedded Lizzie Vaynerchuk in 2014. They have a daughter, Misha Eva Vaynerchuk and a son, Xander Avi Vaynerchuk.
He has been a significant icon in his family’s wine business since he joined as a 12 year old. He is also very active on social media and has got over 2 million facebook fans, 2.4 million Instagram followers, and more than 1.58 million Twitter followers.
Age & Physical Features
The notable businessman is currently 44 years old. His weight is 75kg and he is 170cm tall.
Gary Vaynerchuk Net Worth
The Belarusian-American entrepreneur and author has made several millions from his profession. He is best known for being an entrepreneur and for his work on social media and in digital marketing. He is the chairman of VaynerX and its offshoot VaynerMedia, based in New York. Gary started as a wine critic and succeeded in expanding his family’s wine business. Here’s his financial data from his dealings as a businessman and internet personality.
Salary & Earnings
After rounding up his studies, a young Gary took his family’s business to the internet. Through pricing strategies and e-commerce, he grew the annual value of the business from of $3 million to a staggering $60 million. He also makes a decent amount from speaking at events where he reportedly earns around $3 to $5 million as salary. He also earns from his YouTube career as well as from the sales of his books. To add to his list of profitable ventures, Gary collaborated with K-Swiss and released his own line of sneakers which cost $55 to $100 depending on the size.
Assets, Houses, Cars, Lifestyle
Despite being a successful entrepreneur and multi-millionaire, Gary uses public transport. He has never been spotted with any private car. He thinks that homeownership is not smart, and absolutely unnecessary. Although he owns a house, his intention is to rent forever in the near future.
Gary Vaynerchuk net worth is a little more than $200 million. He made his wealth by successfully expanding his family’s wine business and also by establishing companies and making several investments other businesses.