Patrick Bet-David
Born (1978-10-18) October 18, 1978
Tehran, Iran
NationalityAmerican
Alma materSanta Monica College (dropped out)
Occupations
OrganizationPHP Agency Inc. (CEO)
Notable workYour Next Five Moves: Master the Art of Business Strategy (2020)
Spouse
Jennifer Hudman
​
(m. 2009)​
Children4
YouTube information
Channel
Presented byPatrick Bet-David
Subscribers1.49 million[1]
Total views244.39 million[1]
100,000 subscribers
1,000,000 subscribers
YouTube information
Channel
Presented byPatrick Bet-David
Subscribers5.05 million[2]
Total views919.20 million[2]
100,000 subscribers
1,000,000 subscribers
Last updated: October 20, 2023
Military career
Allegiance United States
Service/branch United States Army
Years of service1996–1999
Unit101st Airborne Division

Patrick Bet-David (born 18 October 1978) is an Iranian-born American entrepreneur, author, and YouTuber. He serves as the host of the entrepreneurship-focused channels Valuetainment and PBD Podcast on YouTube.[3][4]

Early life and education

Bet-David was born in 1978 in Tehran, in the erstwhile Imperial State of Iran.[5][6] He is of Assyrian and Armenian descent. On July 15, 1989, when he was 10 years old, he and his family fled from the country, seeking to escape the continuing effects of the Islamic Revolution. Settling first in a refugee camp in Germany for two years,[7] they subsequently relocated to the United States, arriving in Glendale, California, on November 28, 1990.[8] Following his graduation from high school, Bet-David enlisted in the United States Army and served with the 101st Airborne Division for three years.[9][8] He briefly attended Santa Monica College, studying nutrition, but dropped out to pursue his career. Later, he attended Harvard Business School, enrolling in their Executive Education Program. He is fluent in his native languages of Persian, Armenian and Aramaic in addition to English and German languages.[10]

Career

During his stint as an undergraduate at Santa Monica College,[11] Bet-David worked as a membership marketer at a local Bally Total Fitness.[7] He would later drop out and continue his career working for Morgan Stanley and then for Transamerica Corporation.[11]

Entrepreneurship

He began his first company, PHP Agency Inc., in 2009,[8][12] PHP being an acronym for People Helping People.[12] The agency serves to provide life insurance and annuity services to customers in the United States.[13] In August 2017, PHP secured $10 million in expansion financing through Ambina Partners and Atalaya Capital Management, with additional support from Brener International Group and former boxer Oscar De La Hoya.[14] In 2019, Jordan Peterson, Kobe Bryant and former US president George W. Bush were keynote speakers at PHP's annual conference.[15]

In December 2020, he sold a 1979-80 O-Pee-Chee Wayne Gretzky rookie card graded Gem Mint 10 by PSA, making it the first hockey card to surpass one million dollars in value.[16][17][18]

In 2022, Bet-David and PHP Agency partnered with Integrity Marketing Group.[19] The partnership involved Integrity's acquisition of PHP Agency, with the aim to use Integrity's resources and technology to help more Americans achieve financial security. Bet-David would become a Managing Partner at Integrity as part of this agreement.[20]He has challenged Anthony Fauci and Travis Kelce to debate 2024 Presidential candidate Robert Kennedy and New York Jets quarterback Aaron Rodgers for $10 million dollars.

In 2023, he became a part owner of the New York Yankees.[21][22]

YouTube

He founded and hosts the YouTube channel, Valuetainment, since 2012. The channel has 5 million subscribers and over 919 million views.[3] He additionally founded the channel PBD Podcast, which has 1.4 million subscribers and was founded in 2020.[4] Both his channels feature interviews with successful people from a variety of industries, including business, sports, entertainment, and politics, and his guests often share their personal stories, insights, and advice. Bet-David hosted Kobe Bryant's last interview before the basketball player's death.[23][24] It was in this interview that Bryant hinted that Shaquille O'Neal would be the greatest basketball player of all time if he had his work ethic in the Shaq–Kobe feud.[25][26] He has also interviewed George W. Bush, Jordan Peterson, Vivek Ramaswamy, Kevin Hart, Ray Dalio, Michael Franzese, Sammy "The Bull" Gravano, John McAfee and Andrew Tate on his channel.[12][27] MMA fighters Georges St-Pierre, Khabib Nurmagomedov and Dustin Poirier[28] and body building legends Ronnie Coleman and Phil Heath have also been interviewed on his podcast.[29]

He has appeared on The Joe Rogan Experience twice.[30] He offered former presidents Barack Obama and Donald Trump five million dollars for a peace talk interview.[31] He also appeared on the reality show World's Greatest Social Stars, Top 25! alongside figures such as MrBeast, Iman Gadzhi, Dan Bilzerian, Charli D'Amelio, Dixie D'Amelio and Gervonta Davis. Additionally, he was part of the Kings Of The Internet series, sharing the spotlight with Jake Paul, Andrew Tate, Logan Paul, and others. He also had David Pakman, Cenk Uyghur, Ana Kasparian, Sam Seder, Destiny and Tulsi Gabbard on his podcast as well.

Authorship

Bet-David authored the Wall Street Journal bestseller, Your Next Five Moves: Master The Art of Business Strategy.[32][33] It was a book that focused on strategic decision-making for success in both business and life, using deliberate planning and making calculated choices to achieve one's goals.[34]

He advocates for people to drop out of college, build a business and network, and then returning back to the university with an advantage.[7] In 2017, he wrote the book Drop Out and Get Schooled: The Case for Thinking Twice about College.[35] The book was co-authored by Thomas N. Ellsworth.[36]

Others include The Life of an Entrepreneur in 90 Pages, which describes his entrepreneurial journey experience and Doing The Impossible: The 25 Laws for Doing The Impossible, which is a motivational book.[12]

Personal life

In June 2009, he married Jennifer Bet-David (née Hudman) and together, they have four children.[37] They paid a "Fort Lauderdale Bay Colony record" of $20.4 million for an estate in Fort Lauderdale.[38][39]

References

  1. 1 2 "About PBD Podcast". YouTube.
  2. 1 2 "About VALUETAINMENT". YouTube.
  3. 1 2 "Valuetainment - YouTube". YouTube. Retrieved 2023-10-18.
  4. 1 2 "PBD Podcast - YouTube". YouTube. Retrieved 2023-10-21.
  5. ↑ "'Do Not Wait On People To Find You': Patrick Bet-David Offers His Top 10 Rules To Put You On The Fast Track To Making Your First Million". Yahoo Finance. 2023-08-17. Retrieved 2023-10-20.
  6. ↑ "Patrick Bet-David Net Worth, Wife, Biography, Children, Family, Nationality". TeamBoma. 2023-05-03. Retrieved 2023-10-19.
  7. 1 2 3 "This Entrepreneur Thinks You Should Drop out of College". Fortune. Retrieved 2023-10-19.
  8. 1 2 3 "Patrick Bet-David - Age, Bio, Birthday, Family, Net Worth". National Today. Retrieved 2023-10-19.
  9. ↑ "Millionaire praised for how he prepared kids to be successful". LADbible. 2023-09-07. Retrieved 2023-10-19.
  10. ↑ "From 1.8 GPA to Harvard - Patrick Bet-David". 2016-09-21. Retrieved 2023-10-20.
  11. 1 2 "How Did Patrick Bet David Make His Money?". Financhill. 2023-08-04. Retrieved 2023-10-18.
  12. 1 2 3 4 "Patrick Bet-David". Leaders.com. Retrieved 2023-10-20.
  13. ↑ "PHP Agency Inc - Company Profile and News". Bloomberg L.P. Retrieved 2023-10-19.
  14. ↑ "Funding Snapshot: Life Insurance Company PHP Agency Raises $10 Million". Wall Street Journal. 2017-08-24. ISSN 0099-9660. Retrieved 2023-10-18.
  15. ↑ "Shady Insurance Company Unites Bush, Kobe, Jordan Peterson". The Daily Beast. 2019-05-30. Retrieved 2023-10-20.
  16. ↑ "Gretzky Hockey Card Scores $1.29 Million US". Toronto Sun.
  17. ↑ "Gretzky card fetches $1.29 million". Sports Collectors Digest. Retrieved 2023-10-19.
  18. ↑ "Rare $20Million Trading Card of New York Yankees Legend Left UFC Icon Joe Rogan Dumbfounded and It Wasn't Babe Ruth's". EssentiallySports. 2022-09-23. Retrieved 2023-10-22.
  19. ↑ "Patrick Bet-David and PHP Agency Joins Integrity to Accelerate Growth and Serve More People". PR Newswire. Retrieved 2023-10-22.
  20. ↑ "Patrick Bet-David and PHP Agency Join Integrity to Accelerate Growth and Serve More People". Yahoo Finance. 2022-07-20. Retrieved 2023-10-22.
  21. ↑ "Who Are The Minority Owners Of The Yankees?". mlbrun.com. Retrieved 2023-10-19.
  22. ↑ "#161 - Patrick Bet-David Joins The Yankee Family", Player FM, 2023-06-23, retrieved 2023-10-22
  23. ↑ "Kobe Bryant: The Last Interview with Patrick Bet-David". eightify.app. Retrieved 2023-10-19.
  24. ↑ "Kobe Bryant's Last Great Interview". Colorado Premier Basketball. 2020-05-04. Retrieved 2023-10-19.
  25. ↑ "Sorry, folks. Shaq and Kobe aren't feuding again". Los Angeles Times. 2019-08-28. Retrieved 2023-10-19.
  26. ↑ "Kobe And Shaq Will Quarrel Until The End Of Time". Sports Illustrated. 2019-08-28. Retrieved 2023-10-19.
  27. ↑ "Why Was Patrick Bet-David's Podcast Co-Host Banned? Yankees Minority Owner Faces Action For Hosting Controversial Influencer". Sportskeeda. 2023-06-23. Retrieved 2023-10-20.
  28. ↑ ""There's A Reason Why He's Loved" - Patrick Bet-David Lauds Khabib Nurmagomedov And Crew After Sit-Down". Sportskeeda. 2023-08-12. Retrieved 2023-10-20.
  29. ↑ ""Fatherhood Lessons": After Interviewing the Likes of Ronnie Coleman and Phil Heath, Entrepreneur Father Trains His Young Son and Wins the Fitness World's Respect". EssentiallySports. 2023-08-10. Retrieved 2023-10-22.
  30. ↑ #1711 - Patrick Bet-David, 2021-09-23, retrieved 2023-10-19
  31. ↑ "Popular Podcast Host Offers $5 Million for Trump-Obama Sit Down". The Tatum Report. 2021-07-30. Retrieved 2023-10-19.
  32. ↑ "How To Plan 'Your Next Five Moves' For Success At Work". CBS News. 2020-08-18. Retrieved 2023-10-19.
  33. ↑ Dinkin, Greg (2022-06-29). "Your Next Five Moves: Master the Art of Business Strategy". Greg Dinkin. Retrieved 2023-10-19.
  34. ↑ Your Next Five Moves. 2020-08-18. ISBN 978-1-9821-5480-6.
  35. ↑ "Drop Out And Get Schooled: 4 Bad Reasons To Go To College". Entrepreneur. 2017-03-06. Retrieved 2023-10-20.
  36. ↑ Bet-David, Patrick (2017-01-11). "Meet the Man Who Sold 4 Companies for Over a Billion Dollars". Entrepreneur. Retrieved 2023-10-20.
  37. ↑ "Who Is Patrick Bet-David? Entrepreneur and Financial Leader Found His Niche". Market Realist. 2023-05-03. Retrieved 2023-10-22.
  38. ↑ "Vince Virga Sells Fort Lauderdale Manse to Patrick Bet-David". The Real Deal. 2021-06-10. Retrieved 2023-10-19.
  39. ↑ "Entrepreneur, Patrick Bet-David, Pays $20.4 Million For Fort Lauderdale, Florida, Mansion". Barron's. Retrieved 2023-10-19.
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