Portnoy Net Worth (Updated 2025).

Alex Portnoy, born in 1987, began his career in the tech industry at a young age. After graduating from the University of Pennsylvania with a degree in Computer Science, he started working for a small software development company in San Francisco. It was here that he honed his skills and developed a passion for creating innovative, user-friendly software.

In 2012, Portnoy co-founded his first startup, a mobile app development company. The startup gained traction quickly, catching the attention of investors and media outlets. However, it was his second startup, launched in 2016, that truly catapulted him into the limelight. This company, a revolutionary project management tool, was acquired by a major tech giant just two years after its inception, making Portnoy a household name in the tech world.

David Portnoy’s Current Net Worth (2025)

As of 2025, David Portnoy’s estimated net worth stands at approximately $250 million. This significant wealth accumulation is primarily attributed to his successful career in the media and finance industries.

Career

David Portnoy, often known as “El Presidente,” is the founder and former president of Barstool Sports. He launched the company in 2003 as a daily sports newsletter, which later evolved into a digital media platform. In 2021, Penn National Gaming acquired a 36% stake in Barstool Sports, valuing the company at $450 million. Portnoy stepped down as president in 2021 but remains involved as a minority owner and content creator.

Other Ventures

Beyond Barstool Sports, Portnoy has ventured into various business endeavors. He co-founded the digital media company The Ringer with Bill Simmons in 2016. Additionally, he has invested in numerous startups, including the sports betting platform DraftKings. Portnoy also launched the “Davey Day Trader” stock trading platform in 2020, which gained significant traction on social media.

Assets

Portnoy’s assets include a substantial real estate portfolio. He owns properties in various locations, such as a $2.175 million home in Cape Cod and a $3.1 million mansion in Miami Beach. Additionally, he owns a luxury apartment in New York City, valued at around $2.2 million. Portnoy also owns a collection of high-end cars, including a Rolls-Royce Ghost and a Ferrari 488 GTB.

Annual Income

While Portnoy’s exact annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. His primary sources of income include his stake in Barstool Sports, various business ventures, and his significant social media presence, which generates income through sponsorships and brand deals. Portnoy’s net worth and income have significantly increased over the years due to the growth and success of his businesses.

Frequently Asked Questions about  Portnoy

Frequently Asked Questions: Portnoy Net Worth

1. What is Portnoy’s net worth?

Portnoy’s net worth is estimated to be around $100 million.

2. How did Portnoy make his fortune?

Portnoy made his fortune through his career as a DJ and music producer. He is also the founder of the record label, Mad Decent.

3. What is Portnoy’s real name?

Portnoy’s real name is Diplo, born Thomas Wesley Pentz.

4. How old is Portnoy?

Portnoy was born on November 10, 1978, making him 43 years old.

5. Where was Portnoy born?

Portnoy was born in Miami, Florida, USA.

6. What is Portnoy’s most successful song?

Portnoy’s most successful song is “Lean On” with Major Lazer and DJ Snake, which has over 2 billion views on YouTube.

7. Has Portnoy won any awards?

Yes, Portnoy has won several awards, including two Grammy Awards for his work with Major Lazer.

8. What is Portnoy’s height?

Portnoy is 5 feet 11 inches (180 cm) tall.

9. Is Portnoy married?

Portnoy is not married. He has two children from previous relationships.

10. What is Portnoy’s Instagram handle?

Portnoy’s Instagram handle is @diplo.