Gary Vaynerchuk is a well-known Russian wine critic, enterpreneur, video blogger, public speaker, as well as an author. How rich is Gary Vaynerchuk? According to sources, Gary Vaynerchuk’s net worth is estimated to be $50 million. A major source of Gary Vaynerchuk’s net worth comes from e-commerce, as well as retailing. Born in 1975, in Babryusk, Soviet Union (currently Belarus), Gary Vaynerchuk moved to the United States and graduated from Mount Ida College. Vaynerchuk’s first major job was transforming his father’s liquor store in New Jersey into a prestigious wine shop named “Wine Library”. Consequently, in 2006 Vaynerchuk launched a video blog related to the store called “Wine Library TV”.
Gary Vaynerchuk Net Worth $50 Million
A podcast hosted by Vaynerchuk himself featured wine advices, tasting and reviews. At the time, the show was watched by approximately 90 thousand viewers and has even been nominated for the Streamy Awards. The show that featured guest appearances from Kevin Rose, Timothy Ferriss and Jim Cramer ended in 2011 after a run of over a thousand episodes. Even though Vaynerchuk began making money from his show and in that way increasing his net worth, “Wine Library TV” was not the only project he undertook. “Obsessed TV” was a joined project with an author and entrepreneur Samantha Ettus, where they interviewed over 75 celebrities during the course of the web show. A typical episode would last for approximately 30 minutes and would finish with Vaynerchuk’s wine advices and reviews. In addition to his retailing and e-commerce, Gary Vaynerchuk is a published author. In 2009, he signed a $1 million deal with one of the largest publishing companies “HarperStudio”, according to which he will publish ten books under their company.
Later that year, Vaynerchuk released his first book titled “Crush It! Why Now is the Time to Cash in on you Passion” that explains how people can make their dreams come true with the help of a little passion and knowledge in the technologically-driven world. The book proved to be an instant success and even earned a #1 spot on the Amazon’s list of Best Sellers and #7 on the Wall Street Journal Bestseller list. Following the success of his first book, Vaynerchuk published “The Thank You Economy” in 2011 that earned him a #2 spot on the New York Times Hardcover Bestseller list, and “Jab, Jab, Jab Right Hook” which was published in 2013. In 2011, with the ending of “Wine Library TV”, Gary Vaynerchuk shifted his attention to a social media brand agency called “VaynerMedia”. A widely known author, wine critic and entrepreneur with an estimated net worth of $50 million, Gary Vaynerchuk has been featured on a variety of magazines and television shows, including “The Wall Street Journal”, “Time”, as well as “Ellen” and “The Late Night with Conan O’Brien”. Listed at #40 on “The Power List” of influential people in the wine industry, Gary Vaynerchuk is also a youngest recipient of a “Market Watch Leader” Business Award, People’s Choice Vloggie Award, and is a winner of American Wine Blog Award.
