Russia-born entrepreneur, CEO, and consultant Gary Vaynerchuk originally Gennady Vaynerchuk, net worth is $200 million as of February, 2024.
Mr. Gary is the founder of Resy, which is a restaurant reservation software company, and Empathy wines.
He was majorly known as a wine critic who expanded his family business.
Mr. Vaynerchuk is now more known as chairman of his New York-based company VaynerX as well as digital marketing.
He is also the CEO of VaynerX subsidiary VaynerMedia.
He got started with his career as the director of operations and co-owner of a wine retail store.
Similarly, he is also an author, public speaker on the subjects of social media, brand building, and e-commerce.
He is often referred to as “the wine world’s new superstar” and “the first wine guru of the YouTube era.”
Vaynerchuk was born on November the 14th, 1975, in Babruysk in the Soviet Union, which is known as Belarus today.
His family immigrated to the United States of America when he was just three years of age in 1978.
Vaynerchuk is of Ashkenazi Jewish ancestry.
He was raised in Queens, New York, by his parents Sasha and Tamara Vaynerchuk, and later moved to Edison, New Jersey.
He joined his family’s retail-wine business at the early age of 14.
Vaynerchuk went to North Hunterdon High School after his family moved to New Jersey.
Similarly, he attended Mount Ida College in Newton, Massachusetts, in 1998 and graduated with a bachelor’s degree.
|Entrepreneur, CEO, and consultant
|November 14, 1975
|New York City, USA
|AJ Vaynerchuk, Liz Vaynerchuk
|North Hunterdon High School, Mount Ida College
|48 years old
|172 lbs. (62 kg)
|5 ft. 5 in (1.70 m)
|Misha Ava Vaynerchuk (Daughter), Xander Vai Vaynerchuk (Son)
|Lizzie Vaynerchuk (m. 2004)
|Collecting baseball cards, Reading The Wine Spectator and wine book
|Instagram, Twitter, Facebook, YouTube
Gary Vaynerchuk Net Worth and Income
Known for his entrepreneurial tactics, Gary Vaynerchuk has amassed an astonishing net worth of $200 million.
From working in his family-owned retail-wine business as early as 14 years to becoming a successful entrepreneur, Gary has established numerous lucrative businesses which contribute to his net worth.
The wine world superstar has invested in plentiful businesses to live a prosperous life for himself and give his children the life he never had.
After graduation in 1998, he transformed his father’s liquor store into a retail wine store named wine library.
He began selling the wine online and even started a daily webcast on a YouTube channel named Wine Library TV covering wine.
Vaynerchuk successfully grew the $3 Million per year revenue business to $60 million per year revenue business by 2003.
He also confounded Emapthy wine, which was later acquired by Constellation Brands in 2020.
Gary’s rise to reputation all began with a 20-minute daily YouTube show.
Gary started it in early 2006, approximately a year after YouTube was initiated. The show was called Wine Library TV.
It gave Vaynerchuk a wide podium to share wine reviews and secondarily promote WineLibrary.com.
Similarly, in 2011 Gary announced that he was pacing down from the wine business and moving on to build VaynerMedia, which was a digital advertisement agency he co-founded along with his brother in 2009.
The main gold of the company was to provide social media consultation and strategy to big companies such as Pepsi, GE, and Anheuser-Busch.
The company was a massive hit and was named one of Ad Age’s A-List agencies with more than 600 employees and yearly revenue of $100 million.
Likewise, Gary has several other companies under his belt that generate millions of dollars in revenue for him.
Furthermore, Gary Vaynerchuk is also a writer and one of the most popular speakers in the world.
A four-time bestselling author of the New York Times, the wine superstar is an investor in Internet companies such as Uber, Medium, Venmo, Tumblr, PureWow, Twitter, and many other technology companies.
He also has a line of sneakers known as GaryVee sneakers. He launched the brand in association with K-Swiss.
The good-looking entrepreneur now has his own podcast, The Gary Vaynerchuk Audio Experience, which he recently launched.
He is also the host of an online question and answer show for business and consulting known as AskGaryVee.
Gary Vaynerchuk Houses and Cars
New York Villa, USA
An entrepreneur with a net worth of $200 million lives in a Villa in New York. The specifics and offerings of the Villa are not available.
As one might expect, the owner of almost a quarter billion dollars might have some sleek and fleet wheels, but the man is not into cars.
He likes living a low-key life without too much flashy stuff. Reportedly, he likes taking Uber for his meetings.
But he does own a rather interesting ride, a crown jewel, if you will.
Yes, Mr. Gary owns Audi R8 V10 Spyder. This is the only car the wine superstar owns or that we know of.
This beast comes with a base price of $142,700 and can go way up to $200,000. The car offers a 5.2 Liter V10 engine which pumps 398 horsepower and 413-pound foot of torque.
It is a mid-engine coupe that uses Audi’s trademark Quattro permanent all-wheel-drive system.
Gary Vaynerchuk Lifestyle and Vacations
Gary Vaynerchuk is a true businessman. He does not like to spend money on fancy stuff instead of investing them in lucrative deals. He dresses simple and likes to keep himself far from fancy things.
There is no information regarding the vacations of the wine superstar.
TV Shows, Investments, Endorsements and Books Publication
Vaynerchuk has been featured in multiple magazines and television shows in his career, which includes “The New York Times,” “The Wall Street Journal,” “GQ,” and “Time,” which appeared on “Late Night with Conan O’Brien” and “Ellen.”
In November 2019, Gary appeared on Tonight Show, starring Jimmy Fallon to coach Jimmy on wine drinking tips.
In February 2017, Apple announced a reality television series called “Planet of the Apps,” with a recurring cast that included Gary, will.i.am, and Gwyneth Paltrow.
Likewise, in 2014, Gary launched a YouTube show named #AskGaryVee with his own content production team.
In the show, he picks up questions from Twitter and Instagram and answers in a spontaneous manner.
Similarly, In 2015 Vaynerchuk started DailyVee, a daily video documentary series on YouTube that archives his life as a businessman.
He records the life and interviews others, and shows investor meetings and approach sessions at VaynerMedia.
He discourses his social media plans through Snapchat and Instagram at length and offers demonstrations.
Throughout his career, Mr. Gary has invested in numerous business ventures and startups. Interestingly, almost every investment he made proved to be really profitable and successful.
Let’s dive a little deeper into his businesses.
So far, we know about how he successfully grew his family-owned wine-retail business from $3 Million a year in revenue to $60 Million by 2003. This was just the beginning for the superstar.
In 2019, Vaynerchuk made an investment in Resy, a reservation app. American Express later acquired it for an undisclosed amount.
Similarly, he also co-founded Empathy Wines, which was later acquired by Constellation Brands in 2020.
Likewise, Mr. Gary is also the chairman for VaynerX, a communication company holding media properties and technology companies, including Tracer, a media and creative agency.
Moreover, Gary originated The Gallery Media Group in 2017, a VaynerX subsidiary company that houses PureWow.
The venture was so insanely successful that by 2019 he employed over 800 people and generated $130 Million in revenue.
Besides his successful business career, Mr. Gary has authored several books throughout his career, most of them being self-help and motivational books.
The wine superstar has written a few books on wine.
During the course of his career, Gary has written some bestselling. Out of all the books authored by Mr. Gary, five of them have made it to New York Times best-sellers.
- Crushing It! How Great Entrepreneurs Build Their Business And Influence- And How You Can Too. (2018)
- AskGaryvee: One Entrepreneur Take On Leadership, Social Media, And Self-Awareness (2016)
- Jab, Jab, Jab, Right Hook: How To Tell Your Story In A Noisy Social World (2013)
- The Thank You Economy (2011)
- Crush It! Why Now Is The Time To Cash In Your Passion (2009)
In 2004 Vaynerchuk married Lizzie Vaynerchuk.
Meanwhile, they have two children, a son Xander Avi Vaynerchuk and daughter Misha Eva Vaynerchuk, born in 2012 and 2009, respectively.
Moreover, Mr. Gary is really active on social media, mostly on Twitter and Instagram.
He has over 9 million followers on Instagram and 3.61 million followers on Facebook as of this writing.
Vaynerchuk hosted a vlog on YouTube called Wine Library TV from 2006 to 2011.
However, after 1,000 episodes, he retired the show in 2011 and started a podcast called The Daily Grape.
Similarly, Vaynerchuk launched Wine and web on Sirius XM satellite radio in 2010.
Facts about Gary Vaynerchuk
- He became famous as “The internet Wine Guy.”
- He signed the deal with HarperCollins for 10 books for $1 Million.
- Gary Vaynerchuk has invested an undisclosed amount in Twitter and Facebook.
- Before he got into the family business, he used to sell baseball cards which earned him thousands of dollars.
Does Gary Vaynerchuk own the NFL team New York Jets?
No, he does not own the New York Jets but reportedly is a huge fan of the team.
Why is Gary Vaynerchuk famous?
Gary is well known for his business skills, and he is the CEO is social media and digital marketing company VaynerX.