Gary Vaynerchuk is a Russian entrepreneur, CEO, and consultant. He has a massive net worth of $200 million, which is growing every year.
Many people recognize him as the founder of Resy and Empathy Wines. He started as the co-owner and operations head of a retail wine store. He is also famous as a public speaker and author. He speaks on subjects like brand building, e-commerce, and social media.
Family and Early Life
Gary Vaynerchuk was born on 14th November 1975. He is a native of Babruysk, Belarus, Russia. His parents are Sasha Vaynerchuk and Tama Vaynerchuk. He has a younger brother named AJ Vaynerchuk.
In 1978, the family moved to the U.S. in the hopes of having a better life. They settled in the New York borough of Queens. Sometime later, Gary relocated to Edison, New Jersey.
He was only 14 years old when he joined his family’s wine business. It proved to be beneficial for his later career.
There’s not much known about his educational background. However, we do know that he attended North Hunterdon High School and completed his graduation in 1993. He later got a B.A. degree from Mount Ida College in 1998.
Gary Vaynerchuk has been married since 2004. His wife’s name is Lizzie Vaynerchuk. The couple has two kids, one daughter, and one son.
Gary is an active social media user. You will always find him posting something or the other on his social media accounts. He has over 8.3 million followers on Instagram.
He started off his career in New Jersey, where he operated a lemonade stand franchise. For additional income, he traded baseball cards.
His talent for making natural sales helped him earn thousands of dollars every week. After turning 14, he joined his family’s retail wine business.
After taking control of his father’s Shoppers Discount Liquors, he renamed it Wine Library. Knowing the potential of the internet, he created a website, winelibrary.com for his shop. This way he promoted his shop online and started making good sales.
In five years, he increased the sales figures from $3 million to $60 million. In 2006, he launched a YouTube channel and shared vlogs of his shop. He became so famous that he was invited as a guest on Conan O’Brien’s show.
In 2014, he created another YouTube channel, which currently has 130,000 subscribers. Previously, he co-founded a company called Vagner Media with his brother. The company was focused on helping brands on social media.
In 2009, he signed a deal with HarperStudio and went on to publish 4 books.
Earning and Net Worth
Gary Vaynerchuk has multiple sources of income. However, the majority of his earnings are generated from his wine business.
He also earns a good amount of money from the company he co-founded, publishing books, and investments.
As of 2023, Gary Vaynerchuk’s net worth is estimated at $200 million. No doubt, he is living a luxurious life with his family.
1. How much does Gary Vaynerchuk make?
With the extensive following and the successful business that Gary has built, he earns around $1 million per month, which could very well be a lot more as well.
2. How much does Gary Vee charge to speak?
Although it’s impossible to get an accurate figure, rumors suggest that Gary charges around $200,000 for each public speaking commitment. He also does private and corporate events.
3. Does Gary Vaynerchuk invest in startups?
There are reports of him investing in startups but he primarily invests in known brands and companies like Facebook, Twitter, Uber, Snap, Venmo, etc. We don’t have a comprehensive list of all the businesses he has invested in.