Gary Vaynerchuck is a renowned consultant, entrepreneur and CEO from Russia. He has a net worth of $200 million. He made a name for himself as the first guru of wine in the history of YouTube. He has also got a natural talent for selling things. His critical eye to review different products has greatly helped him achieve instant success in multiple businesses.
Net worth: $200 million
Real Name: Gary Vaynerchuk
Nationality: Russian, American
Date of Birth: 14 November 1975
Height: 5 ft 7 in
Place of Birth: Babruysk, Belarus
Weight: 75 kg
Sexual orientation: Straight
Spouse: Lizzie Aynerchuk
Profession: Wine Critic, Author, Entrepreneur
As of April 2020, the net worth of Gary Vaynerchuk is estimated at around $200 million. His vast fortune largely comes from his rapidly expanding wine business and through his marketing agency VayerMedia. He kicked off many other investment ventures and built several businesses. A part of his wealth flows from the sale of his books that remained at one or the other time on top of the list of NY Times bestsellers.
Gary Vaynerchuk multiplied the revenues from his wine income by 20x, swelling them from a meagre $3 million into a whopping $60 million. He might not be as wealthy as Bill Gates or Elon Musk are, yet it is a fact that he is making progress very fast, and may very possibly be racing toward crossing the billionaire threshold. Presently, Gary runs the following companies:
- Galley Media Group
- VaynerX, which is a media & communication firm
- VaynerMedia is a marketing agency
- ONE37pm is a lifestyle brand for the men
- PureWow is a lifestyle brand for the women
Apart from his personal companies, Gary also invested in Twitter, Facebook, Tumblr and Snapchat.
How much Gary Vaynerchuk makes a year?
Gary is a proud owner of Vaynermedia which is a fast-growing digital marketing agency. In 2018, the agency added $100 million wealth to his net worth. His company offers services to big organizations such as HarperStudio. It charges around $50k-$80k monthly form each customer. The agency expanded its business in London, Los Angeles and Chattanooga. It also signed giant brands from among Fortune 500 companies like General Motors. The company aims at doing business with some big names in the market.
Gary Vaynerchuk was born in Belarus which was then a part of the Soviet Union. He was raised by his father Tamara Vaynerchuk and mother Sasha Vaynerchuk. When he was just three years old his family moved to the United States to flee from the tyrannies of the Soviet Union. He had passion and talent for business since his school days. At seven he had built a lemonade franchise, which is quite remarkable. He also used to trade in baseball cards when he was in school.
He was awarded a BA degree from Mount Ida College of Newton, Massachusetts. In 2004, he married Lizzie Vaynerhuk who became the mother of his daughter Misha Eva Vaynerchuk and son Xander Avi Vaynerchuk. He has been active in the wine business of his family since the age of 12. He was an ambitious young man and he really wanted to change the course of his family business. In the late 90s, Gary conceived the idea of transforming his father’s liquor business into a big internet business, which resulted in an exceptionally progressive growth.
Gary renamed his father’s business to Wine Library and played a key role in multiplying annual sales’ revenues. In 2006, Gary turned to YouTube and started creating videos that immediately became popular. His YouTube series is named as WineLibraryTV. Gary was so committed to his YouTube video service that he created a video almost every day for five years. He had an amazing talent for pulling in and engaging the audience. It is this talent that landed him in TV appearances with Conan O’Brien and Ellen Degeneres. When he had stabilized his family business, Gary started the delivery of business content such as email marketing, e-commerce and Google AdWords to different companies. With his hard work and passion, He soon became the voice of entrepreneurship.
Social Media Earnings
Gary shot to fame on social media due to his 20-minute YouTube shows. He launched the channel in the early months of 2006 and started sharing with his audience critical reviews on wine. His channel was also aimed at an indirect promotion of WineLibrary.com. His following grew over time, and later on he joined Twitter as well.
He has over 2.6 million subscribers on YouTube channel GaryVee. A person with 2 million subscribers is likely to earn around $2,000 average per one million views. This means that Gary may be earning well over $10,000 a month from his YouTube channel for every five million views. He has over 2 million followers on Twitter and 4.2 million followers on Facebook. Gary has just over 7 million followers on Instagram which means that he might get paid around $150,000 per sponsored post his page.
Gary the Author!
In 2008, Gary appeared at Wed 2.0. His speech formed the foundation for the launch of 10 books. HarperCollins promoted his 1st book. One of his bestsellers is Crush It!: Why Now Is The Time To Cash In On Your Passion, which established his authority on marketing, media and communication. If you want to dig into Gary’s brain and aspire a better life, you can buy a bunch of his books which are written in a way to help you in investing in yourself and accumulating great wealth. Gary aims at aligning his professional pursuits with the passion of his readers.
Awards & Achievements
Gary Vaynerchuk has secured the title of NY Times bestselling author. He also has the distinction of being featured on the Wall Street Journal, GQ, and Time magazines. He is dubbed as the ‘first wine guru’ in the realm of YouTube. He also won Market Watch magazine’s Market Watch Leader award. In 2014, he appeared in Fortune’s list of 40 under 40.
Gary’s Famous Quotes
“Wake up before everybody else and work into the night,” Gary Vee.
“Skills are cheap, passion is priceless,” Gary Vee.