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Phil Hellmuth Net Worth – The Millionaire Poker Player

Phil Hellmuth is a professional full-time poker millionaire from America with a net worth estimated at over $20 million.

Summary Table
Stage Name Phil Hellmuth
Legal Name Phillip Jerome Hellmuth Jr.
Date of Birth July 16, 1964
Gender Male
Height 6’6” (2.01 m)
Net Worth $20 million
Salary/earning/income per year Around $400.000.
Profession Full-time professional poker player
Nationality American

Read further if you are curious about Phil Hellmuth net worth and his journey in the poker world.

Phil Hellmuth Personal Detail
  • Legal Name & Stage Name: Phil Hellmuth’s legal name is Phillip Jerome Hellmuth Jr.
  • Date of Birth: The 57-year-old man was born in Wisconsin, US, on July 16, 1964.
  • Gender & Height: Phil Hellmuth is a male poker player with a height of 2.01 m.
  • Nationality: He is an American.
  • What is Phil Hellmuth Best Known For? Phillip Jerome Hellmuth Jr. is best known as a poker player who won 16 world championships at the World Series of Poker and became the youngest person to win in 1989 when he was only 24 years old.

Life Beginning of Phil Hellmuth

There is not much to tell about Phil Hellmuth’s early life. Born in a part of Wisconsin called Madison, he grew up there and started to play poker at the university.
  • Education

Phil Hellmuth went to school at Madison West High School. When he graduated, he attended higher education at the University of Wisconsin-Madison only for three years and gave up his study to continue his poker career.

  • Personal life

In 1989, he proposed his soon-to-be wife Katherine Sanborn while still at the university. They got married a year later and live a happy life until now with their two kids named Nicholas and Philip III.

Phil Hellmuth’s Career

As one of the richest poker players in the world, he started his career in 1988. A year after that, he successfully won the World Series of Poker main event and beat Johnny Chan. In 1997, Hellmuth became a poker player with the most bracelet of the decade by winning his 5th  bracelet in the World Series of Poker. During the first online poker that occurred in 1998, Hellmuth was a prominent player in the field.

One of Phill’s milestones during his entire career is gaining victory at the 2005 National Heads-Up Poker Championship over Huck Seed, Paul Phillips, Antonio Esfandiari, Men Nguyen, Lyle Berman, and against Chris Ferguson at the final. In 2006, he tied with Johnny Chan and Doyle Brunson as the most-owner bracelets. Two years later, Hellmuth lost to Tom Dwan during the first round of the National Heads-Up Poker Championship.

In 2012, Hellmuth became the first player to ever win at least one bracelet in each of the last four decades during the World Series of Poker competition, where he gained $182.793. Three years later, he received an income of $271.105 for his 14th win on the World Series of Poker.

Years of a career in the poker world do not make Phil Hellmuth free from any conflict, because, in 2018 he was criticized by Justin Bonomo and Erik Seidel based on what he has done during the ESPN stream. Besides that, he also sparks controversy and receives comments from people on the internet, because during the tournament, sometimes Hellmuth is unable to handle his emotion and verbally abuses his opponent.

How much has Phil Hellmuth lost on the big game?

Even though Phil Hellmuth gain much from his income or salary as a poker player, he lost too. When he joined the “Big Game” at Las Vegas casino, Bellagio, he lost $176.000 during three games. However, Phil Hellmuth net worth is not decreasing significantly because he won other games afterward.

Is Phil Hellmuth the richest professional poker player?

Although Phil Hellmuth net worth is estimated at over $20 million, he is not the richest professional poker player out there. The richest professional poker player is Dan Bilzerian with a net worth of $200 million.  In 2014, Dan gained wealth or income for $50 million by playing poker.  The second and the third richest players are Phil Ivey and Sam Farha with a net worth estimated at around $100 million more or less.

Phil Hellmuth Net Worth

Phil Hellmuth net worth is estimated at over $20 million after decades of work as a professional full-time poker player.

  • Businesses

Phil Hellmuth net worth came from other businesses like endorsements from major companies such as Carl’s Jr., Texas Hold’em phone app, the Aria Hotel and casino, Pro Player energy drink, and many more. Besides that, he already publishes several books about poker and owns a clothing line with the online website Yet, there is no official number about Phil Hellmuth net worth from these businesses.

  • Real estate

There is no exact record about Phil Hellmuth net worth from real estate or how many houses has, but, the man who is sometimes known as “The Poker Brat” just sold his house in Las Vegas Country Club for $430.000 as he stated on Twitter. However, there is an estimation that Hellmuth’s house in Palo Alto where he lives with his family plausibly costs from 6 up to 8 million dollars.

  • Vehicles

Phil Hellmuth net worth in cars or other vehicles is unidentified. Nevertheless, in 2019, it was informed that he traveled by private jet and yacht to Machu Picchu with notable figures.
  • Income

Phil Hellmuth net worth or salary per year is approximately around $400.000.

  • How does Phil Hellmuth make money?

Phil Hellmuth net worth or wealth over the years came from poker winnings, side business income, endorsements, appearance fees, his paydays in Ultimate Bet, and several more sources.

Is Phil Hellmuth Retired?

Phil Hellmuth is still active in the poker world and is not retired at the moment.

  • What is Phil Hellmuth doing now?

The iconic poker player is presently living his life with his family in Palo Alto, California, and still involved in the poker world. Last year, Phil Hellmuth magnificently defeat Daniel Negreanu and other figures in the High Stakes Duel and won his sixteenth World Series of Poker championship.