If you are a poker lover, you may ever be stalking one of the professional poker players, Cary Katz. Reportedly, he is included as one of the Richest Poker Players where he has ranked on the list of those famous people.
Talking about Cary Katz’s net worth, there’s not probably an exact amount to mention his net worth, considering his privacy life is closed. However, we can estimate his net worth from his earnings by winning numerous poker tournaments.
If you also wonder what Cary Katz’s net worth is and how much he earns money through playing poker, let’s see some facts about him on our post below!
Cary Katz’s Net Worth
According to numerous sources, Cary Katz’s net worth is estimated at $1.5 million. Certainly, most of his wealth comes from his achievement of winning poker. He reportedly won a bunch of poker tournaments which earned him a fantastic amount of money.
As a throwback, in August 2015, Cary finished 21st in the WPT $5000 Main Event earning around $20,850. By 2009, he finished 159th in the 2009 World Series of Poker Main Event earning $40,288.
Cary then entered the PokerStars Caribbean Adventure in January 2013 $100,000 high roller event. In this event, he ranked 4th for $543,800. Later that year, he finished runner up to Davidi Kitai at the 2013 World Series of Poker $5,000 Pot Limit Hold’em event.
In the year of 2014, Cary played in the $1,000,000 Big One for One Drop where he finished 8th earning $1,306,667. This tournament had a memorable hand in which Katz’s A♠ A♥ cracked Connor Drinan’s A♣ A♦ after both were all in pre-flop. Moreover, the board ran out 2♦ K♥ 5♥ 4♥ 2♥ and gave him an ace-high flush.
Cary played in Las Vegas high roller events which were hosted at the Aria Casino. He won his first major poker tournament in January 2018, placing first in a field of 48 entries to win the PCA Super High Roller and earning $1,492,340.
In September 2019, Cary won Super High Roller Bowl London. In this event, he defeated Ali Imsirovic heads-up to obtain £2,100,000. Then, he also finished third in Super High Roller Bowl Australia for AU$640,000 in February 2020.
In this year, as of February, he has cashed for over $30,600,000 in live poker tournaments. That’s such a fantastic achievement, isn’t it? Of course, his achievement in poker cannot be separated from the role of his grandmother where Cary learned poker from her and then started playing live tournaments competitively in 2014.
Cary Katz’s Career
After graduating from University of Georgia with a bachelor’s degree in Business Administration, he then founded the College Loan Corporation in 1999. In this firm, he was CEO for 15 years.
In fact, the College Loan Corporation was the seventh largest student loan company in the United States which was providing $19 billion in loans.
Cary then founded the website Poker Central in October 2015 where the members can watch live poker using PokerGo.
Cary recently served as president of the St. Gabriel Catholic School and also as chairman of non-profit organization Stop Child Predators. He then started the conservative media website CRTV in 2014.
Cary Katz’s Life
Unfortunately, we cannot share to you about the whole of Cary Katz life including his family, his wife/ girlfriend even his children and more. That’s because he covers his private life very well, so there’s no spoiler about him. But, we will try to find out the information about Cary Katz that may be published in a different post.
Here’s the short profile about Cary Katz:
- First Name: Cary
- Last Name: Katz
- Profession: Poker Player
- Age: 49 years old
- Birth Sign: Aquarius
- Birth Date: January 29, 1970
- Birth Place: Atlanta
Having a luxurious mansion is not something strange for a pro-poker player and also student loan mogul. However, Cary Katz is recently looking to draw the right buyer for the $22 million mansion that he just put on the market in Las Vegas.
Cary’s mansion was built in 2000 and sits on three-quarters of an acre of land. This mansion has 6 bedrooms. This luxurious mansion is decorated with ornate marble, opulent chandeliers, coffered ceilings and statuesque columns. Out back, mature palm trees feature a heavenly blue pool with water features.
However, you totally do not need to go outside when you see what the interior has to offer. Well, you may get lost in the closet before you could even find the front door.
Cary Katz’s Lawsuit
Cary Katz reportedly has started a $20 million legal action against his own company, seemingly to avoid paying a debt he owes and putting the future of subscription TV Channel PokerGo at risk in the process.
Cary and high roller crusher from Las Vegas filed a lawsuit last week against CRTV (Conservative Review TV). At the CRTV, he becomes the part-owner of and which owns Poker Central and its live poker subscription channel PokerGo. However, this case led many in the industry to fear for its future should Cary bankrupt his own company.
Cary, a poker billionaire who has almost$14 million in live tournament earnings including an almost $1.5 million scoop of the $100K Super High Roller at this January’s PokerStars Caribbean Adventures, claims that his CRTV company borrowed around $20 million from his over the past 18 months, but is now unable to repay him.
Las Vegas Review Journal reported that this month Cary issued ‘a written demand for payment’ and the company ‘informed Cary that it would not be able to do its obligation’. However, the legal demand puts the future of the beleaguered PokerGo service under a cloud.
Additionally, the discussion on the 2+2 forum helped to clarify some of the finer points of the high-stakes internal battle. From the discussion, there are some points; CRTV fired a radio host, tried to sue him. Then, what happens to the WSOP broadcasting if PokerGo does not exist anymore.
Reportedly, Cary Katz is a well-known Republican Party Donor and CRTV bills itself as being ‘100% free of anti-American propagand’ with ‘no ads, no censors, no hateful liberal media.