Joe Hachem’s Net Worth

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What is Joe Hachem’s Net Worth?

Joe Hachem is a Lebanese born Australian poker player. He was born on March 11th 1966. He is well known for winning his first poker bracelet at the major event of the 2005 World Series of Poker. In fact he is the only Australian to win the WSOP. His wealth comes from his career as a professional poker player.

Joe Hachem worked as a chiropractor for 13 years, but after developing an uncommon kind of blood disorder, he gave up the job. He owned a brokerage business in Pascoe Vale, Victoria. He started playing poker in 1995. Joe started taking poker seriously in 2000 as he started taking part in tournaments. Before he won the WSOP in Las Vegas, Joe used to play poker on a regular basis for five years particularly at the Melbourne Tournament Circuit.

Joe believes that self discipline and control gives him the ability to make important decisions that make him win.

Poker success

Joe Hachem makes his wealth from playing poker. Therefore, in order to determine his net worth it is important to check out his achievement at the poker table.

2005 – World Series of Poker which earned him $7.5 million
2006 – World Poker Tour and earned $2.2 million
2006 – WSP Champions 2 and won $120,000
2007 – Asia Pacific Poker Tour Tournament of Champions
2008 – He finished in 11th in the PokerStars Monte Carlo Grand Final and won over $150,000
2009 – WSP, he finished in the 103rd place and earned himself $40,288

In total, his tournament winnings exceed $11,700,000. $7.9 million of this is generated from the WSOP events. Joe Hachem is ranked 9th in live porker profession earnings by the Hendon Mob,which is a website that tracks the success made by competition poker players.

Joe Hachem’s actual net worth

Joe Hachem’s net worth is estimated to be between $15 million to $17 million. It is important to point out that Joe makes his wealth from playing poker. This puts him among the most successful poker players.

Personal life

Joe Hachem is married to Jeanie and have 4 children namely Justine, James, Anthony and Daniel. It is Jeanie, Joe’s wife who encouraged and supported him to take poker as a career. Apart from poker, Hachem currently runs a mortgage company as a family business. He advises amateur and novice players against bluffing while at the table. He adds that, he rarely bluffs and only bluffs when he is confident of what is doing and knows that the other opponent cannot stand the heat. Therefore he is attributes his success at the table to self control and discipline.