Barstool Sports Founder Bought It Back for $1—Here’s Dave Portnoy’s Net Worth Now
- Investing News
admin
- 0
- 1 minute read
Barstool Sports founder Dave Portnoy bought back his company for $1 from Penn Entertainment, as Penn Entertainment sold 100% of outstanding Barstool shares to Portnoy after signing a deal with ESPN to rebrand their existing sportsbook, without Barstool. Portnoy has a net worth of $100 million.
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-1438233969-08b4f322bd6f4c04b75978968d305bd5.jpg "How Is Your 401(k) Taxed in Retirement?")
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-1614464221-ecb8ed53589e48fdb5e7f490b4e90a5c.jpg "<div>Cargill Stock Doesn’t Exist. Here's Why.</div>")
:max_bytes(150000):strip_icc():format(jpeg)/medicare101-bf80ac5ea86e47648d91b622fd7e497e.jpg "Learn the A, B, C, and Ds of Medicare: What Parts Do You Really Need?")
