How did Dan Bilzerian get so Rich?

Most of us know about Dan Bilzerian, don’t we? The 39-year-old, rich, well-built Instagram King. He leads a lavish lifestyle, enjoying every second of his life. Why won’t he? He has a staggering $200 million to his name. The question that most people ask is, “How did Dan Bilzerian get so rich? What’s the secret of his wealth?” Answer in short – poker and acting.

Who is Dan Bilzerian?

Before diving into the opulent life of Dan Bilzerian, let us try to know who he is. Dan Bilzerian is a professional poker player, gambler, social media celebrity, and actor of American-Armenian descent. His younger brother, Adam Bilzerian, is also a poker player. Paul Bilzerian, their father, had trust funds set up for both of his children, which allowed them to become professional poker players.

How did he become a millionaire?

Dan Bilzerian’s net worth currently stands at around $200 million. The story of how he built his net worth is also amusing. He first came into the spotlight in 2007, where he entered Lake Tahoe Casino with a cash-filled suitcase. There, he was quick in making his name as the “Suitcase guy”- a name given to him by Wall Street. He rose quickly to reach the high-bet games in casinos. In 2009, he won $36,626 in the World Series of Main Poker, ranked 180th. In 2010, the Bluff magazine named him the funniest poker player.

Then came the year when he declared that he won $50 million in that year alone, and the most he has lost in a game is $3.6million, a relatively small amount. Now, he doesn’t play professional poker, but he still takes part in private poker games. Other than this, Dan Bilzerian also owns a company called Ignite, which sells clothes, beverages, etc.

He has also acted in movies like Olympus Has Fallen, Lone Survivor, Extraction, etc. In Olympus Has Fallen, he served as the stunt double for Gerard Butler. Turning to his Instagram page, he is proclaimed as King of Instagram by his millions of followers. Looking at his page is enough to make any person jealous of his living standards. Traveling, parties, money – his page has got it all. One look at his page, and you will be imagining how cool it must be to live like this.

Some Unknown Facts About Dan Bilzerian

Dan Bilzerian loves to live his life out loud and tell everyone about it. As large as he loves to live, some lesser-known facts about him do not surface generally. Here you can find some of those facts about his larger-than-life living.

1. The life he lives ironically has gotten him in life-threatening situations as well. Before the age of 30, he suffered two heart attacks. One of them was at the age of 25 when he was on vacation. Later, in 2011, he was suffering from a pulmonary embolism due to his lifestyle.
2. Poker is a game of winning and losing. Dan Bilzerian learned this thing in college when he was earning about $90,000 per week. Although, there were times when he lost money as well. One time, he had to sell his gun collection due to bankruptcy. But being a smart guy, he turned out a profit even then, selling his $750 collection for a staggering $10,000. Later, he turned this $10,000 into $187,000 in Vegas.
3. Dan Bilzerian’s rich life is not free of controversies. His most famous discussion was in 2014 when he was arrested for possession of explosives and intent of making bombs. His expert team of lawyers got him free with a fine of $20,000 for blowing up his truck. In 2011 he was involved in a poker game with a con artist named Bradley Rudderman. He, along with others, was asked to pay back the winnings to the people who lost.
4. Many people don’t know, but Dan Bilzerian has also received basic Navy SEAL training. He trained for 510 days and scored 94/99.
5. Even though his pet goat’s head is his company’s logo, he loves his cats more. He loves them so much that only his cats, Little Penelope and Smushball, get to come with him on his travels and vacations.  Smushball even has a clothing line.
6. He announced that he was thinking about running for the presidency in 2016 against Donald Trump. But later, he ended his campaign and lent his support to Donald Trump.
7. For the movie Lone Survivor, Dan Bilzerian invested $1 million for an 8-minute scene with 80 words. In the final cut, however, his part was cut short to less than a minute. He sued the producers for $1.2 million but dropped it. But he earned around $1.5 million as the movie was a success at the box office.
8. As tough as he looks on the outside, he is just as soft on the inside. Once, he helped a fellow poker player with $2000 to let him enter a poker competition. He also extended financial support to help the victims of Typhoon Haiyan. He also set up a project called Robin Hood, where he donated $100,000.
9. Many sources suggest that the primary source of his net worth is his father’s money. Paul Bilzerian was arrested in the case of stock fraud when Dan was merely ten years old.
10. Many people believe that poker alone is not the primary source of Dan Bilzerian’s income. They think that there is more to him than that meets the eye.
11. His company lost $50 million in 2019, primarily because of renting luxurious office space, marketing strategies, and a lavish lifestyle.

Well, this is the extraordinary life of millionaire Dan Bilzerian. His story is nothing less than the stories we read in comics, about superheroes. It has drama, troubled childhood, the rise, the fall, rise again, and controversies, everything. But, one thing that is true about Dan Bilzerian is, he knows he has exactly one life, and he lives it large.