Dana White, born on July 28, 1969, is one of the most successful entrepreneurs in combat sports history, with a net worth of an estimated $500 million. In January 2001, Lorenzo and his elder brother Frank purchased the UFC for $2 million, leading to its status as a subsidiary of Zuffa. As a result of the acquisition, White assumed the role of the company's president.
Dana White, born on July 28, 1969, in Manchester, Connecticut, is of Irish-American descent. Raised by his mother in Ware, Massachusetts, White's family moved to Las Vegas when he was in third grade. Despite disliking school, he attended Bishop Gorman High School, where he later met Lorenzo Fertitta. White, a high school graduate from Hermon, Maine, started college but dropped out twice.
He entered the fight business, initially aiming to be a boxer, but changed his path after concerns about neurodegeneration. Threatened by mobster Whitey Bulger, White moved to Las Vegas in the early 1990s. In Vegas, he continued gym operations, trained jiu-jitsu, and became a manager for Tito Ortiz and Chuck Liddell.
Dana White Casino Earnings
While the exact amount Dana White has earned from casinos remains confidential, numerous reports suggest that he has reportedly won as much as $7 million in a single night of gambling in Las Vegas. White is a recreational gambler, particularly enjoying high-stakes blackjack with bets as high as $75,000 per hand.
White himself has stated that he is an exceptional gambler. An often-overlooked facet of White's profile is his impressive skill in blackjack, leading to substantial winnings. His success has prompted some casinos to restrict his play, concerned about his ability to consistently win large sums. Reports suggest that, during certain lucky streaks, White has amassed winnings of up to $7 million in a single night.
Despite widespread speculation, White acknowledged that he is not allowed to participate in high-stakes games at several leading casinos and is banned from prominent Las Vegas casinos, including the Wynn and the Palms. Dana White's reputation as a skilled gambler gained even more credibility as he has been observed on multiple occasions, leaving casinos with substantial stacks of chips and cash.
White is also a generous tipper. Before being banned from the Palms, one of the sources from a report stated that he tipped as much as $100,000 when he was on a 2-month hot streak. In one instance, he made so much off a casino that he tipped a clerk with a whopping $500. In early 2023, White was on a livestream with popular streamer Adin Ross, where they played blackjack and made some serious money.
In an Instagram story posted on November 2023, White also revealed that he was gifted $500,000 from internet personalities Steve Will Do It and Taylor Lewan after they had won it from the Red Rocks casino, starting with just $10,000. A few days later, he was gifted a brand new BMW by the same people.
Dana White Net Worth
Dana White holds an estimated net worth of $500 Million in 2023 and earns a salary of $20 million annually. In the early 2000s, while managing MMA veterans Tito Ortiz and Chuck Liddell, Dana White learned that the UFC's parent company, Semaphore Entertainment Group, was up for sale.
White connected with his childhood friend Lorenzo Fertitta, an executive and co-founder of Station Casinos. Lorenzo and his brother Frank purchased the UFC in January 2001, forming Zuffa, LLC. Dana White later became the UFC president through a vote and played a pivotal role in transforming the UFC into the multi-billion dollar empire that it is today.
FAQs On How much did Dana White make off the casinos?
A. Dana White has an estimated $500 million net worth.
A. Dana White has been banned from popular LAs Vegas casinos like the Wynn and the Palms.
A. Dana White has made up to $7 million in one-night gambling in Las Vegas.
A. Dana White is currently 54 years old.
A. Dana White himself has stated that he is a ‘degenerate gambler.’