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The foundation of his wealth was laid in the late 1990s and early 2000s. In 1993, at just 23 years old, Hellmuth won his first World Series of Poker (WSOP) bracelet in the $2,500 No-Limit Hold'em event. This victory was a statement; it announced that a young, aggressive player was a force to be reckoned with. However, his net worth didn't explode until he won the WSOP Main Event in 1989. At 22 years old, he became the youngest player to ever win the Main Event, a record he still holds. The victory came with a massive prize of $1 million, which provided the seed money to establish his high-stakes prowess.
