Which Investment Did Phil Hellmuth Say Made Him $20 Million?

Phil Hellmuth has hundreds of thousands on his thoughts. Final September, the Poker Corridor of Famer issued a $1 million poker money recreation problem, one thing he adopted up final week by floating the concept of taking part in within the Hustler On line casino Dwell Million Greenback Recreation.

And now, Hellmuth has taken to social media to boast about hundreds of thousands he says he made on an apparently profitable funding into an up-and-coming each day fantasy sports activities firm.

Watching Hellmuth’s Pockets

Hellmuth has by no means been one to remain quiet about his enterprise dealings. He often shares on social media about his friendships with enterprise figures like DoorDash founder Stanley Tang and tech investor Chamath Palihapitiya.

His most up-to-date funding flex is over PrizePicks, a North American each day fantasy sports activities operator that Allwyn Worldwide lately bought a majority stake of for over $1.5 billion. Reuters reported in September 2025 that “underneath the deal PrizePicks’ implied enterprise worth might develop to $4.15 billion from $2.5 billion if it reaches sure efficiency metrics over the following three years.”

In a video posted to social media, Hellmuth, standing in a luxurious watch retailer with PrizePicks founder Adam Wexler, claimed that his funding within the firm had made him over $20 million.

“I am with Adam f’ing Wexler, who offered PrizePicks for $4 billion, made me over $20 million {dollars},” Hellmuth says within the Feb. 9 video.

“I am a Nice Cheerleader”

It pays to be pals with Hellmuth. As a thank-you, the Poker Brat wrote on X that he was buying Wexler a Tourbillon with a “minimal $100,000 price ticket.”

“One factor I do for my founders is I purchase them new watches,” he says within the video.

Hellmuth wasn’t accomplished being a cheerleader (his phrases) for his pals within the tech and enterprise sectors. In a later put up, Hellmuth claimed to be an advisor for 35 firms, the founders of which “work 90 hr weeks.”

“After they hit for all times altering numbers, they do not want me to purchase a look ahead to them,” wrote Hellmuth. “Nevertheless, that is my manner of displaying them how a lot I admire them.”

Hellmuth added, “I used to be a witness to their journey: I am a fantastic cheerleader!”

Hellmuth is not the one A-list poker participant to take an curiosity in each day on-line playing. Final Fall, fellow Poker Corridor of Famer Daniel Negreanu joined forces with main prediction market website Kalshi to offer away a $30,000 World Sequence of Poker (WSOP) Paradise Package deal, adopted by a giveaway for a $10,000 Foremost Occasion seat.

Connor Richards is a Senior Editor U.S. for PokerNews and host of the Life Exterior Poker podcast. Connor has been nominated for 3 World Poker Awards for his writing.