Today’s Player Focus will talk about a topic countless poker fans always want to know about – the famous Phil Hellmuth Net Worth question. Born on the 16th of July 1964, Phil Hellmuth is an outstanding poker player who has broken numerous poker records.

Phil Hellmuth – Brief Introduction

Born to Phil Hellmuth, Sr., a dean at the University of Wisconsin and Lynn Hellmuth; Phil Hellmuth, Jr. grew up in Madison, Wisconsin along with his younger siblings. It was at the UW student union where Phil learnt to play Texas Hold’Em and soon he began playing cards with his family. Phil loved playing against his grandmother, Agnes Slattery, to the point that he dedicated his Harper Collins book ‘Play Poker Like the Pros’ to her. Other books he wrote or contributed to include:

1. Phil Hellmuth’s Texas Hold’Em
2. Kill Phil: The Fast Track to Success in No-Limit Hold’Em Poker Tournaments
3. Bad Beats and Lucky Draws: Poker Strategies, Winning Hands, and Stories from the Professional Poker Tour
4. Phil Hellmuth Presents Read ‘Em and Reap: A Career FBI Agent’s Guide to Decoding Poker Tells.

After winning a decent amount of money in local poker games, Phil Hellmuth, who attended the University of Wisconsin for three years, decided to drop out to pursue his career as a professional poker player. Life wasn’t a bed of roses for the young poker enthusiast as he had to travel to Las Vegas around a dozen times before winning at the tables. Before that, Hellmuth would build his bankroll by returning to Madison to work as a temporary field laborer for Blaine Farms de-tasseling corn and tiling soil.

Phil Hellmuth Poker Achievements

Phil Hellmuth grabbed the limelight in 1989 when he became the youngest player at the age of 24 to win the World Series of Poker $10,000 NHLE World Championship for $755,000 by defeating 1978 & 1988 Main Event champ Johnny Chan in heads up play. One of his most notable achievements includes a 4th place finish at the 2012 WSOP $1,000,000 The Big One for One Drop for a jaw-breaking $2,645,333. With a record-breaking 13 WSOP bracelets, 100 WSOP cashes and multiple high profile final table appearances, Phil Hellmuth currently ranks 2nd on the WSOP All Time Money List, behind the 2012 WSOP $1,000,000 The Big One for One Drop champion Antonio Esfandiari. So this just builds up the curiosity further – what is the answer to Phil Hellmuth Net Worth question?

Phil Hellmuth Net Worth

Hellmuth has accumulated a total of $17,978,410 worldwide from his live tournament earnings and also gets paid for frequently playing on televised poker games. A personal series of sunglasses, clothing brand, poker chip set, several poker videos and games also add significantly to Phil Hellmuth’s net worth.  Apart from the poker games and gear, Hellmuth, being naturally photogenic, takes part in a lot of advertisement campaigns, which boost his income and net worth even further.

Nevertheless, the Phil Hellmuth net worth question is further complicated by the fact that he generously donates lots of his money to charity and that his live tournament winnings don’t take into account the cost of the countless tournaments he has bought into, which of course reduce Hellmuth’s net worth.

Taking into consideration that Phil’s almost $18m in live tournament winnings represent revenues instead of profits, that there are no official numbers available to the public as to how much auxiliary income he earns and that he has donated much of his money to charity, it is hard to give an accurate figure as to what the net worth of Phil Hullmuth really is. Coming to the cream of the cake, however, Phil Hellmuth’s net worth has been estimated at $20 million.

Phil Hellmuth Net Worth: $20 million!

In addition to his winnings, Phil is widely recognized as the ‘Poker Brat’ because of his bratty personality when playing the game. With a knack for tearing down events, one can only imagine how much more the net worth of Phil Hellmuth will continue to grow!