Patrick Bet-David’s substantial net worth comes from his colossal business empire
Patrick Bet-David is a successful American entrepreneur, financial adviser, and author who is a prime example of the ‘rags to riches’ adage.
A young immigrant who escaped a war-torn Iran with his parents, Bet-David now oversees a million-dollar business empire, which includes the likes of his insurance sales firm, PHP Agency Inc., and his Valuetainment Media LLC.
How Much is Bet-David’s Net Worth?
The Tehran, Iran native, has gathered a lot of experience from all the business firms he has operated or worked with. Alongside those useful experiences, he also has mustered a healthy net worth.
As per Celebrity Net Worth, Bet-David is worth a whopping $150 million!
A Flourishing Business Empire
The financial adviser has gone through many rainy days to accumulate such a massive amount of wealth. His company, PHP Agency Inc., played the most crucial role in doing so.
However, it wasn’t the same in the initial phase of his life. His career started in March 1997 after being appointed as a Fort Campbell-based US Army’s 326th Engineer Battalion specialist. After serving there for two-and-a-half years, he left the job in October 1999.
In 2001, he joined Morgan Stanley as their financial advisor and worked there till 2002. Early that year, he joined hands with Northridge based Transamerica Agency Network Inc. as their field vice-chairman. After seven and a half years, in September 2009, he left the workplace.
Just a month later, Bet-David established PHP Agency Inc. to bring life insurance to middle-class Americans of every community and provide entrepreneurial opportunities to people from those communities.
Valuetainment Media LLC, a company that creates and syndicates the Valuetainment channel on YouTube and other media outlets followed the insurance company.
Alongside Valuetime Media, on November 9, 2012, he also created a YouTube channel of the same name where he began sharing video-interviews of different successful people with a vision to educate and motivate the upcoming generation’s entrepreneurs.
With the same motive, he also authored entrepreneurship-related books. On April 22, 2014, he published two books: ‘Doing The Impossible: The 25 Laws for Doing The Impossible’ and ‘The Next Perfect Storm.’
Following that, he published three more books: ‘The Life of an Entrepreneur in 90 Pages: There’s An Amazing Story Behind Every Amazing Story’ (on June 13, 2016), ‘Drop Out And Get Schooled: The Case for Thinking Twice About College’ (on February 7, 2017), and ‘Your Next Five Moves: Master the Art of Business Strategy’ (on August 18, 2020).
Negative Reviews of his Company
Bet-David’s company, PHP Agency Inc., might claim or even work for their customers’ best interests, but there remain a few unsatisfied customers.
Some have dropped negative comments/reviews and claimed the company to be a scam on internet platforms such as Glassdoor.
At Glassdoor, one of PHP Agency’s part-time employee has mentioned the cons of the organization. His review reads:
The lack of trust from potential clients and associates thinking the company is a "scam" or "pyramid scheme."
That being said, there have been tons of good reviews of the company as well—the PHP Agency’s overall rating on Glassdoor reads 3.8 stars out of 5.
Really lives up to the name of People Helping People. Great support network. Team Building. Motivational. You get what you put into it. This work takes heart and dedication. High earning potential.
Therefore, one cannot [and even must not] point out to the company and refer to it as a “scam company.”