The 10 Biggest Investments Of Empathy Wines' GaryVee | TheRichest
He has an estimated net worth of $200 million, but Gary Vaynerchuk, better known as GaryVee, didn’t start out rich and famous. In fact, Vaynerchuk started stocking shelves at his father’s liquor store at 14 years old and it was there that he began the journey in learning business skills, branding and public relations.
Vaynerchuk gave a keynote speech in New York City in 2008, which became the launching pad to his $1 million, 10-book deal with Harper Collins as more and more people began looking at his investment strategies.
The staunch believer in angel investing, had his money in start-up companies like Twitter, Uber and Venmo, creating an enormous net worth for himself, but also a leadership role when it comes to smart investment and financial savvy plans.
For example, back in 2009, Vaynerchuk invested $200,000 in a little company called Facebook, long before the social media platform took off.
Check out some of the biggest and most recent investments of Gary Vaynerchuk to date.
10 Vayner Media
First and foremost, Vaynerchuk launched a media marketing company with his younger brother AJ in 2009. The company offers media strategies for the likes of Pepsi and General Electric and in 2017, Vayner Media purchased women’s magazine, PureWow. The growth was exponential and in just ten years, Vaynerchuck’s company boasted over 800 employees. According to YouTube, the business investor currently owns stock in 79 different companies under the Vayner name.
9 Empathy Wines
From the very beginning, Vaynerchuck took what he had to work with and used it to grow a million-dollar business. With his experience at the liquor store, Vaynerchuck eventually launched one of the world’s first ever e-commerce wine businesses, debuted a long-term YouTube channel (Wine Library) about the process and taste of wines, a podcast and then his own custom brand, Empathy Wines.
8 Coinbase
Vaynerchuk has been investing in the US-based blockchain platform since 2015. Coinbase provides a secure platform to buy, sell and store cryptocurrency and nearly a decade earlier, Vaynerchuk could see its value. According to Market Buzz, from 2016 to 2019, the amount of blockchain users around the world quadrupled, making the investment a smart one.
7 The Flyfish Club
Vaynerchuck has partnered with David Rodolitz and Josh Capon to launch the first- ever NFT restaurant in Manhattan early next year. According to Cold Wire, the exclusive restaurant will serve seafood dishes and only admit those that know a Fishfly NFT. Once the restaurant opens, NFT holders will be able to make reservations 14 days ahead of time and can still pay in U.S. dollars after the visit.
6 Drone Racing League
He has a knack for finding the off-beat business investment, perhaps one that no one sees a ton of value in, but yet, becomes successful anyway. Vaynerchuk has invested in a drone racing league, which is exactly the way it sounds. Drone racing pits custom-built drones against each other with speeds over 80 mph through three-dimensional courses. It’s been broadcast on NBC Sports and has impressive sponsorship from BMW and the U.S. Air Force.
5 Omaze
A site based on charitable giving, pairs those willing to pay for a special experience and top-notch events, Hollywood star encounters or unique adventures. Always one to think out of the box, Vaynerchuck isn’t against jumping into something charitable and giving back, plus, it’s an investment in a company that’s sure to stick around for the near future.
4 Medium
The publishing platform gives individuals the opportunity to publish their work instead of waiting for publishing company approval. It was developed by Evan Williams, co-founder of Blogger and Twitter, making Vaynerchuk’s investment sort of a no brainer. The entrepreneur has advised many times about the importance of looking at the product and choosing those that change and evolve the public’s day to day lives.
3 Breather
In a world where the workplace has changed drastically, Breather provides flexible workspaces across the U.S. for remote and online companies. They offer meeting rooms, offices, on-demand space and more. With more people working remotely than ever before, Vaynerchuck recognized the direction the work environment is headed, and jumped on the investment bandwagon.
2 Lawn Starter
Like Uber, but for lawn care. If customers are looking for mowing, trimming, irrigation or something similar, they can find companies in their area and make an appointment. It’s helpful to landscapers as well, because it gets their name out to the public with minimal advertising fees. Lawn Starter of course, takes a cut of the revenue, and makes perfect sense to Vaynerchuk.
1 VeeCon
In May of 2022, Vaynerchuk created the first-ever VeeCon event in Minneapolis, MN. The first of its kind features NFT’s, pop culture, marketing and innovation for those watching what Vaynerchuck sees or plans to do next. Like the 2023 restaurant the entrepreneur will open, the only way to enter was through a VeeCon ticket NFT.
Sources: YouTube, MarketBuzz, ColdWire
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