Gary Vee is a well-known entrepreneur, CEO, and business consultant. He is also a public speaker and author of multiple books. He is famous for discussing topics like brand building, e-commerce, and social media.
He is the founder of multiple businesses: Resy, Empathy Wines, and VaynerMedia. Not only that, but he is also the chairman of a communication company called VaynerX.
With multiple businesses under his wing, Gary Vee has built a huge fortune for himself. As of 2023, his estimated net worth is $200 million. To know more about him, you should give this post a read.
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Background
Gary Vee’s birth name is Gary Vaynerchuck. However, he prefers to be known as Gary Vee in the professional field. He was born on 14th November 1975, in Belarus, Russia.
He is the son of Tamara and Sasha Vaynerychuk. He has a younger brother named AJ Vaynerchuk, who happens to be Gary’s business partner.
After three years of Gary’s birth, his family moved to the U.S. At that time, they settled in Queens, and then shifted to Edison, New Jersey.
Gary completed his graduation in 1993 from North Hunterdon High School. He had a strong interest in the business from a very young age. At 14, he joined his family’s wine business. For higher studies, he attended Mount Ida College.
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Career
After completing his college graduation, Gary worked hard to grow his family’s wine business. His passion for business helped him to expand the wine business from $3 million per year to $60 million.
To promote his family’s wine business, he opened a channel on YouTube called, Wine Library TV. He ended the channel after sharing 1000 videos. He is known as the wine expert on YouTube. He held wine tests and gave wine reviews and advice to wine lovers.
Gary co-founded Empathy Wines, which was sold to Constellation Brands in 2020. After quitting the wine business, he established the company VaynerMedia, an online advertising company. He co-founded the company with his younger brother AJ in 2009. It offers services to big companies like Hulu, Pepsi, and others.
Gary also serves as the chairman of VaynerX. In 2017, he founded another company called the Gallery Media Group. It is a subsidiary of VaynerX that held news outlets like PureWow and ONE37pm.
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Net Worth and Earnings
Gary built his career on his own accord. He is a hardworking man, who was always interested in business. At present, he owns multiple businesses and published multiple books.
The majority of his income is generated from his company VaynerX. His current net worth is $200 million and is expected to increase more.
Personal Life
Gary Vee is married since 2004. His wife’s name is Lizzie Vaynerchuk. The couple shares two children, a son, and a daughter.
News about Gary’s divorce surfaced after he shared a photo of his new girlfriend Mona Vand on Instagram. Nothing more is known about his personal life as he seems to be a very private person. If Gary divorces Lizzie, she will receive half of his fortune.
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FAQs
1. How is Gary Vee so rich?
Gary Vee is one of the most popular entrepreneurs. What put him on the map was co-founding restaurant reservation app Resy, which was later acquired by American Express. Besides that, what also contributes to his net worth is Empathy Wines, which is a winery business. He is also behind two of the most popular non-fungible token series.
2. How much does Gary Vee make per year?
Although it isn’t confirmed yet, rumors suggest that Gary Vee earns over $2 million every month and over $20 million every year. With a net worth of $210 million, it isn’t surprising to think that these numbers are pretty legit.
3. How many companies does Gary Vee own?
Gary Vee owns and runs multiple companies under his belt. Although he has co-founded and founded several companies and sold them, he is currently the owner of VaynerMedia, which includes a variety of companies, including VaynerProductions, Gallery Media Group, The Sasha Group, Tracer, VaynerSpeakers, VaynerTalent, and VaynerCommerce.
4. At what age did Gary Vee become rich?
Gary Vee became a self-made millionaire by the age of 35. However, he hasn’t stopped his journey of growth after acquiring initial success because he persistently worked on multiplying what he earned.
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