Phil Ivey is an American professional poker player with an estimated net worth of $100 million. Widely regarded as one of the greatest poker players of all time, Ivey has built his fortune through tournament winnings, high-stakes cash games, private poker matches, business ventures, and endorsements.
Throughout his illustrious career, Ivey has won 10 World Series of Poker (WSOP) bracelets, a World Poker Tour (WPT) title, and millions of dollars in live and online poker competitions. His exceptional achievements earned him induction into the Poker Hall of Fame in 2017.
| Phil Ivey Net Worth | $100 Million |
| Date of Birth | February 1, 1977 |
| Place of Birth | Riverside, California |
Career Earnings
Phil Ivey has accumulated more than $19.5 million in live poker tournament winnings over the course of his career.
Beyond tournaments, he has earned substantial sums from elite cash games, including legendary high-stakes sessions at the Bellagio in Las Vegas and private games involving some of the world’s richest poker enthusiasts.
His success in both tournament and cash-game formats has made him one of the highest-earning poker professionals in history.
World Series of Poker Success
Ivey made his World Series of Poker debut in 2000, immediately announcing himself as one of poker’s brightest talents.
That year, he won his first WSOP bracelet in Pot-Limit Omaha, becoming the first player to defeat poker legend Amarillo Slim in a WSOP heads-up final.
His biggest breakthrough came in 2002, when he captured three WSOP bracelets in a single year, tying the record for the most bracelet victories in one season.
Over the following years, Ivey continued adding to his remarkable collection by winning bracelets in:
- 2005
- 2009 (two victories)
- 2010
- 2013
- 2014
With 10 WSOP bracelets, Ivey became one of the most successful players in poker history.
World Poker Tour
Phil Ivey has also enjoyed considerable success on the World Poker Tour.
In 2008, he claimed his first WPT title by winning the prestigious LA Poker Classic, earning more than $1.5 million in prize money after defeating a strong final table featuring several of poker’s biggest names.
He has reached multiple World Poker Tour final tables throughout his career.
High-Stakes Cash Games
Away from tournament poker, Ivey is renowned for his dominance in high-stakes cash games.
He has regularly participated in some of the world’s biggest poker games, particularly at the Bellagio in Las Vegas.
One of his most famous victories came against billionaire Andy Beal, with reports indicating Ivey won more than $16 million during their legendary heads-up Texas Hold’em sessions.
He also enjoyed significant success in online poker, winning millions of dollars while competing on Full Tilt Poker.
Legal Disputes
Despite his extraordinary poker success, Ivey has been involved in several high-profile legal battles.
In 2012, London’s Crockfords Casino refused to pay his baccarat winnings after accusing him of using an edge-sorting technique to gain an advantage during play.
A similar dispute arose with Borgata Casino in Atlantic City, which sought to recover millions of dollars in baccarat winnings.
Courts ultimately ruled in favor of the casinos, resulting in Ivey losing both legal cases and forfeiting millions in disputed winnings.
Early Life
Phil Ivey was born Phillip Dennis Ivey Jr. on February 1, 1977, in Riverside, California.
He later moved with his family to Roselle, New Jersey, where he attended Old Bridge High School.
As a teenager, Ivey developed a passion for poker and reportedly used a fake identification card to play in Atlantic City casinos before reaching legal gambling age.
While working at a telemarketing company during the late 1990s, he continued refining his poker skills by regularly competing against co-workers.
Business Ventures and Charity
Beyond poker, Ivey has expanded into business and philanthropy.
He founded:
- Ivey Poker, an online poker application.
- Ivey League, a poker training platform designed to teach advanced strategies.
Ivey has also supported numerous charitable initiatives. He donated $50,000 to Empowered 2 Excel, a Las Vegas nonprofit serving disadvantaged children, and established the Budding Ivey Foundation, named in honor of his grandfather.
He has also partnered with the Make-A-Wish Foundation to help fulfill the wishes of seriously ill children.
Personal Life
Phil Ivey was married to Luciaetta Ivey from 2002 to 2009.
Outside poker, he is a passionate sports fan who supports teams including the Los Angeles Lakers, Buffalo Bills, and Houston Rockets. He also enjoys golf and video games and resides in Las Vegas, Nevada.
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