David Packouz Net Worth – $2.9 Million

What is David Packouz’s net worth?

Net Worth:

$2.9 Million

Age:

40 years old

Born:

February 16, 1982

Gender:

Male

Height:

1.70 m (5 ft 7 in)

Country of Origin:

United States of America

Source of Wealth:

Arms Dealer

Last Updated:

November 2, 2022

David Packouz, a former American arms dealer, has a successful career in the music industry. In addition, he was a licensed massage therapist in the past, and he is currently the CEO of Singular Sound, a music technology company.

What is the Net worth of David Packouz?

David Packouz, a former arms dealer, has a net worth of between $2.9 million. Furthermore, he is a musician, inventor, and entrepreneur, but he was also an arms dealer in the past, where he made a lot of money.

Packouz joined AEY Inc., Efraim Diveroli’s company when he was 23 years old and earned $10.5 million in 149 contracts in a year. The US government awarded the company a $300 million contract to supply the Afghan army. The pair engaged in some deception in order to obtain some good-looking money, which landed them in hot water.

Is He Married? He Has A 12-Year-Old Daughter.

David Packouz, the creator of BeatBuddy, is most likely single right now. Despite rumors that he is married, he has never confirmed any of them. Annabell Jane, his daughter, was born in February of 2007.

In the past, the 37-year-old was in a relationship. In addition, the identity of his daughter, Annabell’s mother, has yet to be revealed. David has avoided any rumors about his personal life as he raises his daughter as a single father. The film “War Dogs,” based on David’s life, implies that he dated a girl named Iz in the past, who is played by Ana De Armas in the film. Take a look at the photo he posted on Instagram!

David captioned the photo, ”

“With @ana d armas, who plays my (ex) girlfriend in #WarDogs, a film based on my life.”

It appears that he had a failed relationship in the past, and Annabell was most likely born with his ex-girlfriend. He confirms in the caption that he did have a girlfriend and dated for a few years. Moreover, he keeps his relationship status a secret and is happily parenting his daughter, spending quality time with her.

Caption: David Packouz with an actress who plays his ex-girlfriend in the movie “War Dogs.” (source: The Wealth Record)

Convicted of Fraud Against the United States

David Packouz, an American entrepreneur, joined the AEY Inc. company in 2005 and, within a year, became involved in a massive deal to supply equipment to the Afghan army. Furthermore, he and his friend Efraim Diveroli seized Chinese ammunition, which violated the company’s contract with the US Army, which had banned Chinese ammunition.

They also sent faulty helmets and were unable to deliver the 10,000 Beretta pistols that were supposed to be delivered to Iraq. Packouz and Efraim repackaged Chinese ammunition to get rid of it because it was illegal in the United States, and it is considered a fraud. Furthermore, the case received media attention, and David was sentenced to seven months house arrest after pleading guilty. Diveroli, on the other hand, was sentenced to four years in federal prison.

That wasn’t the only time David was arrested; in 2012, he was arrested for agreeing to have sex for $400 with an undercover Collier County deputy.

Efraim Diveroli’s friendship with him

David and Efraim Diveroli, with whom he got into trouble, were high school friends. AEY Inc. was founded by the latter, and David joined the company later in 2005. Furthermore, their friendship grew stronger as a result of their collaboration.

The company achieved success in a short period of time, as they won 149 contracts worth a total of $10.5 million in 2006. The deal appears to be enticing, and they secured a $300 million US government contract just a year later. The contract called for them to supply the Afghan army with ammunition and aviation rockets. They got involved in a shambles and were found guilty of charges, which required them to serve jail time. Furthermore, the duo formed a close friendship and was dubbed “the stoner arm dealer” and “the dudes” because they used drugs and marijuana at the time.

The story of David and Efraim was told in the book “Arms and the Dudes,” which was published in 2015. Furthermore, the book received a lot of attention and was adapted into a film titled “War Dogs,” starring Miles Teller and Jonah Hill. The film is entirely based on the duo’s chaotic life at AEY Inc.

Caption: David Packouz (source: Wikipedia)

Wiki and Bio of David Packouz

David Packouz was born in St. Louis, Missouri, and currently resides in Miami, Florida. He grew up in the city where he was born with his parents. David, who is of American origin, is bald and has blue eyes.

David is one of nine children born to Jewish parents Rabbi Kalman Packouz and Shoshana Packouz. During his time in the arms-dealing company, he was in the spotlight for some unfavorable reasons. In addition, while working at AEY, he was a licensed massage therapist. He is a musician who created the Beatbuddy guitar pedal drum machine. He is also the CEO of Singular Sound, a music technology company.

Career Highlights of David Packouz

Here are some of the best highlights of David Packouz’s career:

  • He joined Efraim Diveroli in 2005
  • Packouz is the central subject of the Todd Phillips dramedy film War Dogs in 2016

Favorite Quotes From David Packouz

“I try not to do anything that’s remotely risky, especially now that I’m a family man and I have a child. I’m just trying to keep my nose clean, so to speak, to keep looking at the moment. You have to remember that no matter how bad things seem, you can always strive for better things down the road.” – David Packouz 

“Frankly, we were a tad concerned with your performance history against a deal of this size. But after meeting you two face-to-face, we feel like we’re in good hands on this one.” – David Packouz 

Quick facts:

Date of Birth :
Age : 39 years old
Family Name : Packouz
Birth Country : United States
Birth Sign : Aquarius
Height : 5 Feet 11 Inch
David Packouz’s Net Worth $2.9 million

You may also like: Rance Allen, Chris Botti