If you are someone who dives into the business world or maybe someone who just likes watching reality television shows on businesses and pitches, then you will know who Gary Vaynerchuk is. The serial entrepreneur, as described on his website, is the Chairman of VaynerX, the CEO of VaynerMedia and the Creator & CEO of VeeFriends. Let us take a look at how the business mogul built his wealth and what his net worth is now.
Early Life and Studies
Gary Vaynerchuk was born as Gennady Vaynerchuk on November 14, 1975 in Babruysk in the Soviet Union (which is now part of Belarus). At an early age, his family immigrated to the United States; he was just three years old at the time. He grew up in Queens, New York but soon moved to Edison, New Jersey.
He was basically introduced to business when he was just 14 years old when he joined his family’s retail wine business. He graduated from high school and soon pursued his college degree at the Mount Ida College in Massachusetts. He graduated in 1998 with a bachelor’s degree in management science.
Wine, Ad Agency, and NFTs
Soon after he graduated from college, he took over his father’s liquor business, Shopper’s Discount Liquors. He rebranded the store and relaunched it as Wine Library and had its own online store. Because of his involvement in the wine and liquor industry at such an early age, it was no surprise that Vaynerchuk already had what it takes to educate people on wine. In 2006, he launched a daily webcast about wine on YouTube and named the show as Wine Library TV. Due to his efforts, the business immediately jumped from $3 million to a $60 million value! But after spending a few years building the wine business, he decided to pursue a different path in 2009 and created his own digital ad agency, VaynerMedia.
Gary Vaynerchuk and AJ Vaynerchuk, his brother, established VaynerMedia. The company focuses on social media advertising for Fortune 500 companies. Vaynerchuk also established VaynerX, a communications company that handles media properties and technology companies.
He just proves that age doesn’t matter if a person really is interested to learn new things. Despite being older than the tech-savvy gen Zs, Vaynerchuk also has an interest in non-fungible tokens or NFTs. He is the creator of VeeFriends and was recently included in the Fortune list of the Top 50 influential people in the NFT industry.
TV and Media Appearances
Aside from his businesses, Vaynerchuk also has other sources of income. In 2017, he starred on Planet of the Apps, a reality TV show wherein he and other potential investors listened to pitches of app developers who hope to receive an investment.
He also has an ongoing web show on YouTube, DailyVee, wherein he talks about pretty much anything about business along with other businessmen and entrepreneurs. The show has been going on for 7 years now.
Gary Vaynerchuk’s Net Worth
Today, Gary Vaynerchuk is the Chairman of VaynerX, the CEO of VaynerMedia and the Creator & CEO of VeeFriends. Because of multiple endeavors, it would not be a surprise to know that Gary Varchenuk’s net worth today is at a whopping $200 million! Surely, this innovative man will not stop until he reaches his ultimate ambition, which is, according to his website, to buy the New York Jets!
Gary Vaynerchuk still has a number of years in his life. Do you think he would soon be able to achieve his ultimate ambition? Let us know in the comments below!