Who owns Barstool Sports?

Penn had just gotten full control of Barstool earlier this year, which it initially acquired from Portnoy in 2020 for $551 million. Portnoy has a net worth of $100 million as of August 2023, according to Celebrity Net Worth. Portnoy founded Barstool Sports as a print sports publication in Boston in 2003.

How much is Barstool Sports worth?

Shortly after Barstool's seismic growth, the investors started calling. Portnoy initially brushed them off, but that all changed in 2016 when he sold The Chernin Group a majority stake in the company while keeping 100% of the editorial control. At the time, Barstool Sports was reportedly valued at somewhere between $10 million and $15 million.

Does Barstool have a wealthy man?

The longtime sportswriter and podcaster wrote for the original Barstool publication in Boston but broke out as one of the biggest personalities on the roster with the podcast Pardon My Take. The Chicago sports superfan has a divisive personality, as Barstool tends to offer. But those who love him, really love him, have made him a very wealthy man.