David Packouz Net Worth (Updated 2026).
David Packouz, born and raised in Miami, Florida, didn’t initially set out to become a prominent figure in the business world. After graduating from the University of Miami with a degree in entrepreneurship, Packouz found himself working odd jobs, including a brief stint as a massage therapist. It was during this time that he met Efraim Diveroli, a fellow entrepreneur with a unique business proposition.
Packouz and Diveroli joined forces in 2005, founding AEY, Inc., a small arms and ammunition brokerage company. They started out small, buying and selling weapons and ammunition to various clients, including the U.S. military. Their big break came when they secured a $300 million contract from the Pentagon to supply ammunition to U.S. troops in Iraq and Afghanistan. This contract brought AEY, Inc. into the spotlight and catapulted Packouz and Diveroli into the public eye.
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David Packouz’s Current Net Worth (2025)
As of 2025, David Packouz’s net worth is estimated to be around $30 million. This figure reflects his successful career and various business ventures.
Career
David Packouz is a businessman and entrepreneur, best known for co-founding the successful bedding company, Casper. He served as the company’s Chief Revenue Officer, helping it grow into a multi-million dollar business. Before Casper, he worked in the defense industry, which provided him with valuable insights into business and entrepreneurship.
Other Ventures
In addition to Casper, Packouz has invested in several other startups and businesses. He is a partner at Lerer Hippeau, a venture capital firm, and has also invested in companies like Warby Parker and Uber. He is known for his ability to spot promising startups and provide them with strategic guidance.
Assets
Packouz’s assets include a significant stake in Casper, which he sold a portion of in 2020 for around $75 million. He also owns a portfolio of investments in various tech and e-commerce companies. Additionally, he has real estate investments, including properties in New York and California.
Annual Income
David Packouz’s annual income varies significantly from year to year, depending on the performance of his investments and businesses. In 2020, it was reported that he earned around $10 million from the sale of his Casper shares. However, his typical annual income is not publicly disclosed and is likely lower than this figure in most years.
Frequently Asked Questions about David Packouz
**David Packouz Net Worth FAQs**
1. What is David Packouz’s net worth?
David Packouz’s net worth is estimated to be around $40 million.
2. How did David Packouz make his money?
David Packouz co-founded the defense contracting company AEY, Inc. with Efraim Diveroli. They supplied weapons to the U.S. military in Iraq and Afghanistan. He also co-founded the music festival company, Space Yacht.
3. What is David Packouz’s age?
David Packouz was born on August 16, 1983. As of 2023, he is 39 years old.
4. Where is David Packouz from?
David Packouz is from Miami, Florida, USA.
5. What is David Packouz’s background?
David Packouz graduated from the University of Miami with a degree in political science. Before starting AEY, Inc., he worked as a massage therapist.
6. What happened to David Packouz’s company AEY, Inc.?
AEY, Inc. was shut down in 2008 after it was discovered that the company had been supplying the U.S. military with Chinese weapons, which is against U.S. law. Packouz and his co-founder were later arrested and pleaded guilty to fraud charges.
7. What is David Packouz doing now?
After serving his prison sentence, David Packouz co-founded the music festival company, Space Yacht, and has been involved in the music industry. He also invests in various startups.
8. Is David Packouz married?
As of 2023, there is no public record of David Packouz being married.
9. Does David Packouz have any children?
There is no public information available about David Packouz having any children.
10. What is David Packouz’s height?
David Packouz is 5 feet 10 inches (178 cm) tall.
