Introduction
Jon Yarbrough is a gaming entrepreneur who has made a significant impact in the gaming industry. He is the founder and CEO of Video Gaming Technologies (VGT), one of the top gaming companies in the world. Jon Yarbrough’s net worth has been a topic of interest to many people. In this blog post, we will discuss what Jon Yarbrough’s net worth is in 2021 and discover the wealth of this gaming entrepreneur.
Early Life and Career
Jon Yarbrough was born and raised in Oklahoma. He started his career in the gaming industry in the late 1980s working in various roles. In 1991, he founded VGT and began producing video gaming machines. He quickly became a leader in the industry, and VGT became one of the largest gaming companies in the United States.
Net Worth
According to Forbes, Jon Yarbrough’s net worth is estimated to be $1.2 billion as of 2021. He made his fortune from his successful gaming company, VGT. Yarbrough sold VGT to Aristocrat Leisure Limited, an Australian gaming machine manufacturer, in 2014.
Real Estate Investment
Jon Yarbrough has invested in several real estate properties over the years. He owns a massive estate in Oklahoma, which is valued at $16 million. The estate features a 14,000 square-foot main house, a pool, a tennis court, and a six-car garage. He also owns a $19 million mansion in Beverly Hills and a $26 million penthouse in New York City.
Philanthropy Work
Jon Yarbrough is actively involved in various philanthropic causes, mainly in the state of Oklahoma. He has donated millions of dollars to the University of Oklahoma, his alma mater, and serves on the board of trustees. He has also supported healthcare issues and is a part of the Oklahoma Medical Research Foundation board.
Business Ventures
After selling VGT, Jon Yarbrough has invested in various business ventures. In 2016, he co-founded Global Gaming Asset Management, which is a consulting firm that focuses on casino operations. He also invested in a sports betting platform called Bet.Works, which was later acquired by Bally’s Corporation.
Career Achievements
Jon Yarbrough has received numerous awards throughout his career. In 2013, he was inducted into the American Gaming Association Hall of Fame for his contributions to the gaming industry. He has also been named the Ernst and Young Entrepreneur of the Year and has received several other prestigious awards.
Personal Life
Jon Yarbrough is a private person and does not share much about his personal life. He is married to Karen Yarbrough and has three children. He is an avid sports fan and enjoys watching baseball and basketball.
Conclusion
In conclusion, Jon Yarbrough is a successful gaming entrepreneur who has made a significant impact in the gaming industry. With a net worth of $1.2 billion, he has invested in various business ventures and real estate properties. Yarbrough is also involved in philanthropic causes and has received numerous awards throughout his career.
FAQs
1. What is Jon Yarbrough’s net worth?
Jon Yarbrough’s net worth is estimated to be $1.2 billion as of 2021.
2. What is Jon Yarbrough’s background?
Jon Yarbrough was born and raised in Oklahoma. He founded Video Gaming Technologies (VGT) in 1991.
3. What has Jon Yarbrough invested in outside the gaming industry?
Jon Yarbrough has invested in various real estate properties and business ventures, including Bet.Works and Global Gaming Asset Management.
4. What philanthropic causes is Jon Yarbrough involved in?
Jon Yarbrough is involved in healthcare issues and has supported the Oklahoma Medical Research Foundation. He has also donated millions to the University of Oklahoma.
5. What awards has Jon Yarbrough received?
Jon Yarbrough has received numerous awards throughout his career, including the Ernst and Young Entrepreneur of the Year and induction into the American Gaming Association Hall of Fame.