Gary Vaynerchuk is a well-known entrepreneur from America who is a wine critic and made the wine business of his family to become $60 million from $3 million. He is best known as a social media pioneer and digital marketer of VaynerX and Vaynermedia. Both the companies are based in New York. Vaynerchuk is also an author and has penned several books. Let’s find out more about how much is Gary Vaynerchuk’s net worth in 2018.
Gary Vaynerchuk was born as Gennady Vaynerchuk in Babruysk, Belarus (then the Soviet Union) on November 14, 1975. He is the son of Tamara Vaynerchuk and Sasha Vaynerchuk. In 1978, he moved to the USA.
In school, he used to trade in baseball cards. In 1998, he earned his BA degree from Newton, Massachusetts’s Mount Ida College.
In 2004, Gary Vaynerchuk got married to Lizzie Vaynerchuk. The couple has a son, Xander Avi Vaynerchuk, and a daughter named Misha Eva Vaynerchuk.
He has been active in his family’s wine business since he was 12 years old. He is active on social media and has got above 2.4 million Instagram followers. He has also got over 2 million Facebook subscribers, and 1.58 million Twitter followers.
Career, Awards & Achievement
In 1999, Gary Vaynerchuk began assisting in the store of his father in Springfield, New Jersey. He later renamed the store from “Shopper’s Discount Liquors” to “Wine Library”. In 2006, he started the webcast known as ‘Wine Library TV’. Soon, he led the business grew to $60 million by 2005 from $3 million.
In 2009, he co-founded VaynerMedia along with his brother. It was social media which focused on the digital agency. In 2015, the company became one of the A-List agencies of AdAge. A year later, it crossed revenue of $100 million and had 600 employees. It also started to make digital content by partnering with Vimeo.
In 2017, Vaynerchuk formed a new company called The Gallery. It houses PreWow after it got acquired by Gary Vaynerchuk. This led him to create another digital agency called VaynerMedia. He has also made many personal investments and has invested in Venmo, Twitter, and Facebook. He has made investments in many other startups.
Later, he created VaynerRSE, which is an investment fund. In 2014, he formed BRaVe Ventures along with David Beck and Jesse Redniss. He has also made investments to start VaynerSports. He broadcasts live, and documentary videos from his YouTube chronicle called DailyVee. In 2014, he started ‘The #AskGaryVee Show’ for YouTube. He is the host of the video blog ‘Wine Library TV’.
Gary Vaynerchuk has been a New York Times bestselling author, four times in his career. He has also featured on GQ, Time, and the Wall Street Journal. He is known as “the first wine guru of the YouTube era. In 2003, he won the “Gary Vaynerchuk its Market Watch Leader” award by Market Watch magazine. In 2009, he appeared in “The Power List” by Decanter. He had also appeared in the list of 40 Under 40 by Fortune in 2014.
Net Worth of Gary Vaynerchuk
Gary Vaynerchuk has an estimated net worth of more than $160 million. He made this fortune by successfully expanding his wine business and also by forming VaynerMedia. He has made several investments and has also started many other businesses. Part of his wealth comes from releasing books which have peaked at No. 1 on several occasions on the list of New York Times bestseller. In 2010, he created Wine & Web on the satellite radio Sirius XM.
Gary Vaynerchuk is considered one of the most popular entrepreneurs in the world. His popularity also made him appear in ‘Ellen’ and ‘Late Night with Conan O’Brien’. It has been announced that Vaynerchuk will appear on ‘Planet of the Apps’, which is a reality TV series. He has written many books including ‘Jab, Jab, Jab Right Hook’.