Michael Mizrachi’s Net Worth & Poker Career Earnings (Updated 2026)

Discover everything about Michael “The Grinder” Mizrachi’s legendary WSOP and WPT results, biggest career scores, and how he became one of the most decorated players in poker history, and Michael Mizrachi’s net worth in 2026.

Michael Mizrachi is a true modern icon of the game. Famous for his relentless, high-pressure style and incredible stamina, he has put together one of the greatest records the poker world has ever seen, including a record four victories in the WSOP $50,000 Poker Players Championship and a historic win in the WSOP 2025 Main Event for $10,000,000.

With $29,044,262 in live tournament earnings and multiple major titles, “The Grinder” has long since secured his place among the all-time greats, even before his 2025 successes.

Yet Mizrachi’s story is not just about trophies and seven-figure scores. He has experienced brutal downswings and real-life financial trouble such as heavy losses in the Florida real-estate crash and serious IRS debts. But even so, he still managed to fight his way back to the very top.

Below you’ll find everything you need to know about Michael Mizrachi’s net worth, career earnings, poker achievements, personal life, controversies, and the latest news from one of poker’s most relentless competitors.

Quick Facts

Michael Mizrachi’s Net Worth

Michael Mizrachi’s net worth in February 2026 is estimated to be between $15 and $18 million.

This takes into account not only his live poker tournament winnings as the main source of income where he has earned $29,044,262, but also cash games on the side.

Mizrachi’s net worth situation is more complex than in most other cases as he was one of the victims of the financial crisis at the end of the 2010s.

The mortgage crisis saw him lose his entire portfolio of properties and find himself a target of the Internal Revenue Service (IRS).

Despite these setbacks, Mizrachi remains one of the biggest lifetime earners in poker history.

Career Earnings & Highlights

Michael Mizrachi’s poker record is one of the most impressive in poker history, combining elite consistency with plenty of huge scores.

Key career highlights include:

• $29,044,262 in live tournament winnings, placing him 34th among the top earners of all time on the Hendon Mob database.
• Two World Poker Tour titles, headlined by his breakout win in the 2005 L.A. Poker Classic Main Event for $1,859,909, the result that first put “The Grinder” on the global map and helped him claim Card Player’s Player of the Year award.
• Domination of the $50,000 WSOP Poker Players Championship, where he has a record four titles (2010, 2012, 2018, 2023), an unprecedented achievement in what many consider the toughest all‑round event in poker.
• Two deep runs in the WSOP Main Event, including 5th place in 2010 for $2,332,992 and then the crowning glory of his career winning the 2025 WSOP Main Event for $10,000,000.
• Dozens of WSOP final tables and eight bracelets overall, spread across mixed games and no‑limit hold’em, demonstrating his status as a true all‑rounder.

Early Life & Background

Michael David Mizrachi was born on January 5, 1981, in Miami, Florida, into a close-knit Sephardic Jewish family.

His father, Ezra, is of Iraqi Jewish descent, and Michael grew up speaking Hebrew at home while navigating a typical American childhood built around school, sports, and a competitive household full of brothers.

He is one of four brothers, three of which became professional poker players. Robert, the eldest, who has five WSOP bracelets, became Michael’s poker mentor

Eric, Michael’s twin, plays semi‑professionally, and Daniel (Donnie), is a DJ and casual poker player.

As kids, the brothers played cards for baseball cards and small stakes, and the family later ran a dealer school in Florida. In other words, the casino lifestyle was never far away from home.

Mizrachi has previously spoken about once toying with the idea of training for a career in medicine, but the reality was that he always saw himself as a gambler at heart.

It’s no surprise to learn that he began to learn his craft by sneaking onto cruise ship casinos while he was still underage, similar to the story of Phil Ivey.

By the early 2000s he was dealing at the Seminole Hollywood Casino, learning the game from the other side of the table and getting more serious about poker under the guidance of Robert.

Before long he dropped out of college, leaving any plans of becoming a doctor behind, and committed fully to playing poker for a living.

Michael Mizrachi’s Poker Career

Already well-prepared, Michael Mizrachi turned pro in 2004 and exploded onto the scene with a breakout campaign in 2005.

With seven WSOP cashes and a World Poker Tour L.A. Poker Classic title, he quickly established himself as one of the game’s rising stars.

Even in the earliest days, his reputation was that of a fearless, high-volume player who was willing to put in enormous hours and travel wherever the biggest events were.

And all of this from a player who claims never to have studied the game using traditional learning materials. Mizrachi says that he has improved purely by self analysis.

At the World Series of Poker, Mizrachi has built a legacy that very few players can touch. His performances in the $50,000 Poker Players Championship (PPC) — a grueling mixed-game event featuring the world’s best all‑rounders — are the stuff of legend.

He first won the PPC in 2010, then again in 2012, 2018, and 2025, making him a four-time champion of poker’s toughest test and the only player ever to win it more than twice.

And  Mizrachi’s WSOP success extends well beyond the PPC. He already has eight WSOP bracelets in his collection across multiple formats, including a victory in the $1,500 Seven Card Stud Hi-Lo 8 or Better.

In 2010, the same year as his first PPC win, he reached the WSOP Main Event final table and finished 5th for $2,332,992, giving him one of the most memorable double runs in Series history.

Fifteen years later, he completed the story by winning the 2025 WSOP Main Event, topping a massive field to earn $10,000,000 and the fourth PCC title which almost everyone agrees is the real test at the series.

With a run like this, there was no way that Michael Mizrachi could not be inducted into the Poker Hall of Fame, even after Nick Schulman had already been chosen as the 2025 entry. The members put their heads together and the vote was unanimous.

Outside the WSOP and WPT, Mizrachi has enjoyed success across the globe. He has posted big results at the Aussie Millions and across different EPT stops.

Mizrachi’s relentlessly aggressive style and willingness to play one huge pot after another in every game in the mix has earned him both a fearsome table image and widespread respect from his peers.

Following all the success in the summer of 2025, GGPoker were quick to sign Mizrachi up as a Global Ambassador for the largest online poker platform.

Playing Style and Reputation

Michael Mizrachi’s nickname, “The Grinder,” comes from his ability to apply constant pressure, build big stacks, and wear opponents down over long sessions. Sheer relentless unnerving pressure under which most opponents buckle.

He is widely described as loose‑aggressive and high‑risk, high‑reward, playing many more hands than average and willingly putting himself in marginal or high‑pressure spots where his experience and instincts can shine.

Mizrachi openly says he “seeks out risk,” likes to see a lot of flops instead of trying to get it in preflop.

Rather than relying on modern solver‑heavy, GTO‑centric study, Mizrachi is still firmly a member of the old school. No books or videos, just reviewing by himself and seeking out the mistakes.

Reputation‑wise, Mizrachi is considered one of the greatest all‑round tournament players of his generation, with many commentators and peers arguing that his four PPC wins are one of the most impressive feats in poker, or even in competitive sport, full stop.

Controversies and Legal Battles

Michael Mizrachi’s poker career is untouched by controversy but he did find himself in a spot of bother with the American Internal Revenue Service (IRS).

After early success in his career, Mizrachi spent  all his profits on an impressive property portfolio only a couple of years before the banking crisis collapsed the entire sector.

In 2010 the IRS came calling for payment of $339,000 in federal taxes with a threat of foreclosure on the properties.

Eventually, Mizrachi managed to restore his finances and reputation over time without tarnishing his reputation

Personal Life & Relationships

Michael Mizrachi married fellow poker player Aidiliy “Lily” Mizrachi in the early 2000s, and the couple have three children: Paul William, Julie Malka, and Joseph.

During his peak travel years he famously bought a motor home so his family could join him on the tournament circuit, reflecting how important staying close to them was even as his career exploded.

The marriage later came under strain and Aidiliy filed for divorce, with the couple separating around 2016.

Since then, Mizrachi has kept his romantic life private, living in Hollywood, Florida, spending time with his kids, and staying close to his brothers Robert, Eric, and Daniel

Latest News & Updates

In February 2026, we are looking back at the crowning achievement of Michael Mizrachi’s career — WSOP Main Event Champion and a record fourth $50K Players Championship —as he follows through with his intention to keep working hard and continue playing as much poker as he can over the next few years.