Barry Greenstein's (former) house for sale at double the price it was bought in 2013

[sonatine]

Also,

As a side tangent from what I understand many of these exclusive multimillion dollar houses in places like PV, Beverly Hills and Bel Air are all being bought as investments from mainly wealthy foreigners and no one actually lives in them most of the time. If you go into a swanky, exclusive neighborhood it is probably more or less a ghost town.

Probably says something bad about our society that the vast majority of people cant actually afford to own a home in Los Angeles, except for the extreme ghetto areas, because real estate is too expensive, but much of the most expensive real estate is owned by people who don't actually live in it or many times even use it at all.

Foreign investors (*cough Chinese*) shelter money in those house purchases, to great detriment to the local communities. Vancouver had to modify their housing codes to shut it down, an empty 50' by 50' lot sold for like 1.1m, and now no one can actually afford to live there. Its seriously terrifying.

[ToasterOven]

I know it's the midwest in me but 5 million should mean you can't see your neighbors.

[Ken Hordell]

TO CMONEY's point, it is truly remarkable Barry did not decide to buy something outright and hold on to it. To have made that much money in life and get kicked out of your house has to be a monumental embarrassment.

I just read an article where Ted Forrest is facing jail time for bouncing checks to casinos. This is on top of Erik Lnedgren, Brad Booth, Gus Hansen, etc... All these guys whom we thought were living the glamorous lifestyle, turned out is was fake.

Ironically one of the very few not to fall into the pits and squander his poker wealth is the owner of this site. NOW HOW ABOUT THAT?

[Sloppy Joe]

Who from the 'boom' actually has big money in life and didn't degen it away?

Hellmuth, negreanu, doyle,...?

[TheXFactor]

Phil Jerome Hellmuth Jr bought property in Palo Alto, California for under a million dollars.
Right now it is valued at over $7.4 million.

Hellmuth made at least $20 million off Ultimate Bet, while players continued to get fucked out of their money.

Doyle Brunson has property in Montana and has plenty of money saved that he has made over the years.

Daniel Negreanu has plenty of cash from his sponsorship from PokerStars. A house in Las Vegas and a condo in Toronto Canada.

Annie Duke stole $2 million from Russ Hamilton to buy a house in Los Angeles.
She sold the house and moved to Pennsylvania.
She has some sort of Speaking and Consulting business.
Some people say she got re-married to a Billionaire?
I doubt it, who the fuck would want to put up with her?

[Sloppy Joe]

Are there any other 'boom' players that are sneaky rich or actually saved a lot?

Greenstein always came as fairly sharp but degens gonna degen I guess

[Dan Druff]

Are there any other 'boom' players that are sneaky rich or actually saved a lot?

Greenstein always came as fairly sharp but degens gonna degen I guess

I got the impression that Barry never knew when to put on the brakes.

Loved living an extravagant lifestyle.

Made investments aggressively.

Wouldn't drop down limits when things weren't going well.

Even gave to charity (though that was exaggerated a lot by the poker media).

I'd say about 10 years ago, I saw him drop from the nosebleeds to the high limits (he went from 4k/8k to 400/800 type games), and then 4-5 years ago dropped from high limit to mid-limit.

Now you see him looking depressed at 20-40 limit holdem.

At his age, he should have known when to stop, even if it meant just sitting on millions he still had.

To have to rebuild from 20-40 limit holdem at his age (and where he once was) is just really brutal.

And then, of course, there was the $400,000 he owed to Full Tilt, which was likely never repaid: http://dandruffpoker.com/barry.html

[LarryLaffer]

I see not a single person here has read Ace On The River.

Barry worked for Symantec that created a program that was wildly popular (iicrc it's Quicken) in the late 80's. Symantec is/was huge. He made a boatload, and used that to fund his poker bank roll throughout the 90's. He went up and down several times, and mentions in his book about the time he and Mimi Tran each won 100k playing at commerce and after a month, he was asking Mimi to borrow money. They were also tag teaming the game, each sitting for 12 hours at a time. This guy would stay up all fucking night playing LHE and would even take chips off the table so people wouldn't know if he was winning or losing.

Barry played poker all his life, and had no problems being broke, or going broke. He even says in his book, that he himself does not live by his own code, and will likely be broke at some point in the future. Barry's book got me to quit poker when I moved out on my own bc I didn't want to play "WITH" the rent, but "FOR" the rent. It was barry's book that taught me to have a code, and that if I didn't stick to it, i'd be broke. He was most likely right, as when i moved out in 2006 i barely had enough money from my job to pay rent, let alone go play poker.

This guy was/is a fucking degen. and that's ok because he owns up to it, and knows it.



with all that said, nice house. But the surrounding area looks like it's a wasteland.

[ErickAA]

I see not a single person here has read Ace On The River.

Barry worked for Symantec that created a program that was wildly popular (iicrc it's Quicken) in the late 80's. Symantec is/was huge. He made a boatload, and used that to fund his poker bank roll throughout the 90's. He went up and down several times, and mentions in his book about the time he and Mimi Tran each won 100k playing at commerce and after a month, he was asking Mimi to borrow money. They were also tag teaming the game, each sitting for 12 hours at a time. This guy would stay up all fucking night playing LHE and would even take chips off the table so people wouldn't know if he was winning or losing.

Barry played poker all his life, and had no problems being broke, or going broke. He even says in his book, that he himself does not live by his own code, and will likely be broke at some point in the future. Barry's book got me to quit poker when I moved out on my own bc I didn't want to play "WITH" the rent, but "FOR" the rent. It was barry's book that taught me to have a code, and that if I didn't stick to it, i'd be broke. He was most likely right, as when i moved out in 2006 i barely had enough money from my job to pay rent, let alone go play poker.

This guy was/is a fucking degen. and that's ok because he owns up to it, and knows it.



with all that said, nice house. But the surrounding area looks like it's a wasteland.

LOL PV being a wasteland. Good chance whoever owns the house owns all the non-developed property around it. That wasteland is basically what land in the LA area looks like for 10 months/year when it is left alone (2 months a year during the spring it is green from rain), because it is a semi-arid desert.

[LarryLaffer]

I see not a single person here has read Ace On The River.

Barry worked for Symantec that created a program that was wildly popular (iicrc it's Quicken) in the late 80's. Symantec is/was huge. He made a boatload, and used that to fund his poker bank roll throughout the 90's. He went up and down several times, and mentions in his book about the time he and Mimi Tran each won 100k playing at commerce and after a month, he was asking Mimi to borrow money. They were also tag teaming the game, each sitting for 12 hours at a time. This guy would stay up all fucking night playing LHE and would even take chips off the table so people wouldn't know if he was winning or losing.

Barry played poker all his life, and had no problems being broke, or going broke. He even says in his book, that he himself does not live by his own code, and will likely be broke at some point in the future. Barry's book got me to quit poker when I moved out on my own bc I didn't want to play "WITH" the rent, but "FOR" the rent. It was barry's book that taught me to have a code, and that if I didn't stick to it, i'd be broke. He was most likely right, as when i moved out in 2006 i barely had enough money from my job to pay rent, let alone go play poker.

This guy was/is a fucking degen. and that's ok because he owns up to it, and knows it.



with all that said, nice house. But the surrounding area looks like it's a wasteland.

LOL PV being a wasteland. Good chance whoever owns the house owns all the non-developed property around it. That wasteland is basically what land in the LA area looks like for 10 months/year when it is left alone (2 months a year during the spring it is green from rain), because it is a semi-arid desert.

well, im from Chicago, i know what waste lands look like thanks for clearing that up for me (pun intended)

[ShawnFanningsLimpDick]

Are there any other 'boom' players that are sneaky rich or actually saved a lot?

Greenstein always came as fairly sharp but degens gonna degen I guess

Negreanu had a small poker skin most of whose players he brought with him when he signed for Stars. and he got some equity. When Stars was sold a couple of years ago he cleared something like $30 million.

Barry could have been a rich and successful Jew if he hadn't come down with yellow fever. He had to abandon the Big Game many years ago after several seven-figure losses. Chau Giang was a particular beneficiary supposedly.

Oh and Chau's house is much nicer too.

[varys]

Are there any other 'boom' players that are sneaky rich or actually saved a lot?

Greenstein always came as fairly sharp but degens gonna degen I guess

Negreanu had a small poker skin most of whose players he brought with him when he signed for Stars. and he got some equity. When Stars was sold a couple of years ago he cleared something like $30 million.

Barry could have been a rich and successful Jew if he hadn't come down with yellow fever. He had to abandon the Big Game many years ago after several seven-figure losses. Chau Giang was a particular beneficiary supposedly.

Oh and Chau's house is much nicer too.

Well someone took it from chau. Hes morphed into one of the asshole bellagio 40/80 regs

[Ken Hordell]

This guy was/is a fucking degen. and that's ok because he owns up to it, and knows it.
with all that said, nice house. But the surrounding area looks like it's a wasteland.

You know poker is dead and never coming back when a section 8 apartment dweller like Larry Laffer can rag and troll Barry Greenstein and be correct. My, how the mighty have fallen. You just wonder if any of these poker superstars have any money left.

[LarryLaffer]

This guy was/is a fucking degen. and that's ok because he owns up to it, and knows it.
with all that said, nice house. But the surrounding area looks like it's a wasteland.

You know poker is dead and never coming back when a section 8 apartment dweller like Larry Laffer can rag and troll Barry Greenstein and be correct. My, how the mighty have fallen. You just wonder if any of these poker superstars have any money left.

you should eat a



faggot

[tyde]

This guy was/is a fucking degen. and that's ok because he owns up to it, and knows it.
with all that said, nice house. But the surrounding area looks like it's a wasteland.

You know poker is dead and never coming back when a section 8 apartment dweller like Larry Laffer can rag and troll Barry Greenstein and be correct. My, how the mighty have fallen. You just wonder if any of these poker superstars have any money left.

section 8 apartment dweller

lmao

Larry is the nut low on so many levels

[LarryLaffer]

You know poker is dead and never coming back when a section 8 apartment dweller like Larry Laffer can rag and troll Barry Greenstein and be correct. My, how the mighty have fallen. You just wonder if any of these poker superstars have any money left.

section 8 apartment dweller

lmao

Larry is the nut low on so many levels

who the fuck are you kidding.

you calling me the nut low is something else.

example: https://pokerfraudalert.com/forum/sh...079#post654079

[TheXFactor]

Are there any other 'boom' players that are sneaky rich or actually saved a lot?

Greenstein always came as fairly sharp but degens gonna degen I guess

Negreanu had a small poker skin most of whose players he brought with him when he signed for Stars. and he got some equity. When Stars was sold a couple of years ago he cleared something like $30 million.

Barry could have been a rich and successful Jew if he hadn't come down with yellow fever. He had to abandon the Big Game many years ago after several seven-figure losses. Chau Giang was a particular beneficiary supposedly.

Oh and Chau's house is much nicer too.

I forgot about the stock that Daniel Negreanu owned.
Was he forced to sell it? Did he receive more stock for another contract with PokerStars?
Daniel gets paid more money than all the other Team PokerStars players combined.
He should stop these stupid side bets before he loses it all.

As for Chau Giuang, he sold his house in Spanish Hills next to Doyle Brunson for $830K a couple of years ago.
He bought a cheaper place nearby for over $300K. Doyle Brunson home is worth over $1 million.

So Daniel Negreanu is the #1 richest professional poker pro in the world and Phil Hellmuth is #2.

[shortbuspoker]

Negreanu had a small poker skin most of whose players he brought with him when he signed for Stars. and he got some equity. When Stars was sold a couple of years ago he cleared something like $30 million.

Made a smart move fashioning a real money site in the image of his forum.

[TheXFactor]

HOME SOLD...in March 2018 for $4,050,000.

[Sidewinder]

Are there any other 'boom' players that are sneaky rich or actually saved a lot?

Greenstein always came as fairly sharp but degens gonna degen I guess

Doyle I think was an investor in Binions when they went into business in Mississippi and elsewhere.

Daniel, equity in Pokerstars

Others I hear escaped with a lot but it was all from the business side of poker - Bloch, Ferguson, Juanda, Gordon, Seidel, Harman, Friedman, Cunningham, are the obvious ones I have been told, but there were some FTP shareholders you never heard about that presumably didn't blow it all.

As stone gamblers. Robl and Haralabob have to be at the top, but I have heard Benefield and some others did very well also.

A couple of handfuls of people ended up with 10 million + after the poker boom would my guess, with 1 or 2 with 100 million+, all as an indirect result of the poker boom and all the opportunities that followed.