David Portnoy: was born to Sharon and Eileen Portnoy on March 22, 1977, in Swampscott, Massachusetts. He has two sisters named Danna and Elise. David Portnoy was raised by a doctor for a father and a housewife for a mother. Portnoy competed in basketball and lacrosse for the varsity team at Swampscott High School. Then, he continued schooling at the University of Michigan, where he received a degree.
He also had a job on Wall Street as a trader following college. He started Barstool Sports, a sports and pop culture blog, in 2016. With millions of unique visitors each month, the website has grown among the most well-known worldwide. He resides in New York City with his wife, Rena (née Diehard), and their two daughters.
David Portnoy’s Net Worth
David Portnoy is an internet entrepreneur and prominent personality in American sports media, worth $100 million. Portnoy made his wealth as the creator of the dominant digital sports company, Barstool Sports. Throughout many transactions, David sold some of the Barstool, with the last one taking place in August 2022.
In 2016, he sold most of his holdings of The Chernin Group. For $163 million in January 2020, Penn Gaming purchased a 36% share from the founders. A future option to buy the entire business was included with this acquisition. Penn Gaming exercised that option in August 2022, paying $390 million for the outright purchase of Barstool. Penn Gaming spent $550 million to acquire the whole Barstool business. Later in this essay, we will discuss these trades and how they affected Portnoy’s wealth.
David Portnoy Career
Portnoy departed the Yankee Group after four years to launch Barstool Sports. On January 7, 2016, Peter Chernin’s The Chernin Group acquired Barstool’s full ownership, revealing that the company’s headquarters would relocate to New York City.
The founders of Barstool Sports sold a 36% share to Penn National Gaming in 2020 for $163 million, which included $135 million in cash and $28 million in Penn non-voting convertible preferred stock. After the sale, The Chernin Group still has a 36% part in the business, and Portnoy is still in charge of running the website and making all content-related decisions.
On the website, Portnoy developed “El Presidente,” a direct and honest character, over time. Young men responded favorably to his writing, and the journal gradually established itself as a staple of the bro culture. He attracted criticism for his bold and unapologetic demeanor and his blog writings that included insulting remarks about women and other people.
Portnoy has been detained twice in connection with NFL-related incidents: first, on May 12, 2015, when New York City police detained him following his handcuffing of three Barstool employees on the floor of NFL headquarters to protest Deflategate, and second, in 2019, when he was detained at Mercedes-Benz Stadium for a portion of Super Bowl LIII. On the latter occasion, he was barred from the game because he had made false passes the day before during a news conference.
In 2019, Portnoy was under investigation by the National Labor Relations Board for tweets allegedly threatening to terminate his employees if they joined a union. Informally settling with the Board in December of that year, David Portnoy agreed to take down his ominous tweets and any possible anti-union content produced by Barstool Sports.
The settlement also mentioned that Barstool operated the Twitter account that had initially urged workers to form a union to discredit labor organizers. After Thomas Menino’s retirement in 2013, Portnoy mounted an unsuccessful bid to succeed him as mayor of Boston. He received almost $17,000 in campaign donations but lacked the required number of nomination signatures to be included on the ballot. Portnoy declared himself a libertarian before the election.
Who Is David Portnoy’s Girlfriend, Silvana Mojica?
The 26-year-old girlfriend of Dave Portnoy’s an advertising and marketing assistant, Silvina Mojica, is a well-known social media influencer. Learn more about the couple’s history of dating and shared connections.
The Barstool blog was started by Dave Portnoy, who is well recognized for that. The sports blogger, 45, was born in Swampscott, Massachusetts, on March 22, 1977, and since earning a BS degree from the College of Michigan, he has thrived in the popular culture and sports industries.
Dave Portnoy’s first wife was Renee Portnoy, a well-known online persona. The couple wed in 2009 after a few years of dating. She finally consented to an amicable divorce in 2017 after an eight-year marriage. Since the end of his previous engagement, Dave Portnoy has been enamored with Silvana Mojica, a marketing assistant, and social media influencer. They have been together for many years and have been pictured at numerous renowned events and locations.
How Tall Is Dave Portnoy? What Is His Height?
David Portnoy is 1.87 m tall, or more accurately, 6 ft 2 in tall.
Are Barstool Sports Controversial?
Since the two became famous, controversy has surrounded Barstool Sports and David PortnoyMost recently, Portnoy’s tape leaked on Twitter, showing him standing naked and carrying a leash hooked to a dog collar fastened around model Sydney Raines’ neck.
Although the two have stated that the recorded act was consenting, the tape’s disclosure has briefly caused some of Penn National Gaming’s stocks to decline. A sizable portion of Barstool Sports is owned by Penn National Gaming.
Additionally, the podcast Call Her Daddy, which is both hugely popular with some women and slammed by other women for encouraging everyday misogyny, is owned by Barstool. Most of Portnoy’s conflicts include his profanity-filled tweets about everything from the coronavirus to anti-union sentiment.
Many of Portnoy’s blog entries have criticized their crude and sexist remarks regarding women. Despite some criticism, this kind of reporting has remained immensely popular, especially with young college-age people.
Portnoy frequently appears on Fox News, his official Instagram and Twitter, Barstool Sports, and other platforms. Following many women’s allegations that the president of Barstool had engaged in “violent and degrading” sexual encounters with them, Penn National Gaming’s stock price fell even lower on November 4, 2021.
Portnoy has replied to the accusations in a social media video and denied all misconduct.”Never in my life have I done anything strange with a girl. Never even the slightest nonconsensual behavior, “In the video, Portnoy said. Portnoy remarked, “Cancel culture has been coming for me for decades; this is just the latest iteration.” “My cancellation is wanted by the woke cancel culture. Now I’m afraid.”