UFC President Dana White isn’t exactly strapped for cash.
In 2016, he and his business partners won the lottery when they sold a controlling stake in promoting mixed martial arts to WME for a staggering $ 4 billion.
It is understood that it earned him around $ 360 million and that he will get 9% of future profits. On top of that, he’s earning an undisclosed salary from the UFC to remain their president, you’d be right to assume he’s very healthy.
But a little known fact about White is his remarkable blackjack skills and so when he revealed that he had made a $ 100,000 bet on Canelo Alvarez taking out Caleb Plant, it didn’t seem so strange given that he It was about a man who had bet big and won. great for years.
But during an episode of the UFC Embedded series in 2014, White gave fans a glimpse of his high roller status, which later saw him banned from Las Vegas casinos due to a penchant for making millions of dollars overnight.
“It’s crazy, but I’ve been on that winning streak,” White revealed to camera as he entered the Palms in May of that year.
“I started playing cards, took a year off, then started playing cards again on December 21st . I haven’t lost a night of cards since December 21 and just hit them again.
“It’s like my part-time job,” he joked. “I work at the UFC all day and play cards at night.”
In the video, White is seen bringing home a lot of money. So much so that he is able to tip the clerk of $ 500.
A few years later, during a visit to his office in Sin City, he revealed the story of some of his prized possessions, including a trophy he won while playing blackjack and a belt that the Palms offered to her for making over a million dollars overnight.
“I told my wife and everyone that when I die I want this thing buried with me in my hands,” he told Bar Stool Sports as he rocked the trophy, revealing that he had beaten around 50 pros for the price.
“I participated in the very first tournament in July 2010, they invited me to play at the Rio”, explaining that $ 250,000 was to be won for the winner.
“So we come to the last table, there are five of us. So this guy walks up to me and says ‘Oh, I’m a big fan’, you know, chatter is crap.
“Then he said to me ‘You know how this works, don’t you?’ No, how does it work? “We divided it. Everyone who makes it to the last table, we share the 250. ‘
“I’m like yeah, fuck that shit. I came here to win this shit [laughs]. When I tell you these people hated me, they hated me.
“So at the last table they all played to beat me and I won the thing, I won it all!”
Sitting next to his blackjack gong is a UFC-style championship belt that he remembers as a gift to keep him away from the tables.
“When the Palms were with the Maloofs, I beat them for $ 1.6 million. Then as soon as the Palms sold out, the people who came asked me to stop playing them.
“Look, Vegas is about losing, not winning, man. They don’t like people who win!
“Then it sold out, the new owner said we wanted you to come back and I beat them again for $ 1.6 million.
“Instead of just asking me to leave like they did, they gave me this UFC president Dana White is a blackjack king who has won as much as $7million in one night and is so good he has been banned by Las Vegas casinos – now he’s cashing in $40,000 figures from Canelo fights.
“Undisputed Blackjack Champion. 24-0. That’s a good way to say, get the hell out of our casino and don’t come back.
Joe Rogan, a longtime UFC commentator, believes White lost as much as $ 1 million overnight and earned as much as $ 7 million, which could be considered a tip for him.
White, 52, has an estimated net worth of around $ 500 million, which is only expected to increase with huge fights on the UFC horizon.
And let’s not forget he has another huge cash cow in the form of Conor McGregor, who is preparing to make his comeback next year after his horrific broken leg against Dustin Poirier.