Dan Shak

Nationality

GPI Rank 133

Total Live Earnings $13,941,809

Biography

Daniel 'Dan' Shak is an American semi-professional poker player and a hedge fund manager. He is a regular on the high stakes circuit, playing major poker events and occasional cash games.

The majority of Shak's net worth comes from his work in finance. Even so, Shak has won over $12 million in live poker tournament cashes over almost two decades of play. Dan Shak's biggest poker win came when he took second at the 2014 PCA $10,000 Super High Roller for $1,178,980. This topped Shak's poker victory at the Aussie Millions in 2010, where he won the $100,000 Challenge event for $1,107,553.

Shak's family life is largely private. However, he was married to poker player and model Beth Shak. They divorced in 2009 and Dan Shak remarried in 2014.

Dan Shak Background

Dan Shak was born in 1959 in the U.S.. Before he became known in the world of poker, Shak made a name for himself in a slightly different environment—Wall Street.

Shak started as a trader on the floor of the New York Mercantile and Commodities Exchange. Moving up from COMEX, in 2002 Shak established his own hedge fund under the name of SHK Asset Management.

Since then Shak's business has done well, allowing him to pursue a hobby in high-stakes poker.

Dan Shak Poker History

Dan Shak's tournament successes date back to a handful of mid-stakes cashes in 2004. Since then, his poker portfolio has grown substantially with over $12 million in live cashes.

For almost two decades, Shak has posted multiple major cashes every year. Not bad for a side-hustle.

Among Dan Shak's poker achievements are several first-place finishes in high roller events, two $1,000,000+ cashes, and two runner-up finishes in WSOP bracelet events (the 2023 WSOP $10,000 Seven Card Stud Championship and the 2010 $5,000 Pot Limit Omaha Hi/Lo event).

He also plays in high-stakes cash games, TV shows, and live streams like Poker Night In America and High Stakes Poker.

Dan Shak's Top Five Poker Cashes

Date	Event	Position	Prize	Prize (USD)
Jan 2014	PCA 2014 $100,000 SHR	2nd	-	$1,178,980
Jan 2010	Aussie Millions A$100,000 SHR	1st	A$1,200,000	$1,107,553
Jan 2012	PCA 2012 $ 100,000 SHR	2nd	-	$846,700
May 2016	2016 Super High Roller Bowl $300,000 NLHE	-	$600,000
Mar 2013	Premier League Poker VI, London $125,000 NLHE	1st	-	$528,000

Wealth—What is Dan Shak’s Net Worth?

Dan Shak's net worth is hard to estimate. However, given his willingness to play dozens of $100,000 no limit hold'em tournaments against some of the best players in the world, we can assume it is pretty high.

SHK Asset Management is a relatively small hedge fund with assets under management of around $10 million according to Business Insider. As a hedge fund manager Shak's income is tied to the fund's performance.

Some online estimates run from $1 million to $15 million. However, these are largely guesses, we may never know the real number. What we do know is that he has enough set aside to feel comfortable paying $100,000 just for "study."

Dan Shak Controversies

Dan Shak has been a fairly uncontroversial poker player. Well-liked in the poker community and

However, as a hedge fund manager, he has been in trouble multiple times.

Financial Controversies

In 2022, the US Commodity Futures Trading Commission made allegations that Shak had used his hedge fund to manipulate gold markets through a practice called spoofing.

He has also had multiple previous run-ins with authorities, including fines in 2008 for a commodities trading practice called "banging the close," in 2013 for manipulating oil prices, and in 2014 for violating a trading ban.

So far all Shak's financial violations so far have been civil, not criminal.

Frequently Asked Questions—FAQs

Is Dan Shak a poker player or hedge fund manager?

Both! Dan Shak plays poker semi-professionally but his main job is as a hedge fund manager.

Who is Dan Shak's wife?

Dan Shak was married to poker player Beth Shak for several years. After a divorce in 2009, he was remarried to former model Anna Shak in 2014.

Is Dan Shak good at poker?

Although, poker is not his main career, Dan Shak is solid amateur who frequently plays with the best players in the world. So far he has won over $12 million in live tournament cashes.

PokerNews Covered Events

Event	Place	Prize
2024 World Series of Poker Event #86: $1,000 Mystery Bounty Pot-Limit Omaha	51^st	$5,810
2024 World Series of Poker Event #79: $50,000 High Roller Pot-Limit Omaha	23^rd	$100,000
2024 World Series of Poker Event #76: $10,000 Mystery Bounty No-Limit Hold'em (8-Handed)	10^th	$62,942
2024 World Series of Poker Event #72: $10,000 No-Limit 2-7 Lowball Draw Championship (7-Handed)	21^st	$20,552
2024 World Series of Poker Event #54: $1,500 Millionaire Maker No-Limit Hold'em	519^th	$5,080
2024 World Series of Poker Event #19: $10,000 Limit Hold'em Championship (8-Handed)	14^th	$21,992
2024 World Series of Poker Event #15: $1,500 Pot-Limit Omaha Hi-Lo 8 or Better (8-Handed)	56^th	$4,631
2024 World Series of Poker Event #14: $1,000 Super Turbo Bounty No-Limit Hold'em	155^th	$1,655
2024 World Series of Poker Event #8: $5,000 Pot-Limit Omaha (8-Handed)	98^th	$10,000
2024 World Series of Poker Event #3: $500 WSOP Kickoff No-Limit Hold'em Freezeout	82^nd	$1,957
2023 WSOP Paradise Event #5: $25,000 High Roller PLO	2^nd	$537,900
2023 WSOP Paradise Event #4: $1,000 Mini Main Event	142^nd	$2,500
2023 World Series of Poker Event #75: $10,000 Pot-Limit Omaha Hi-Lo 8 or Better Championship	33^rd	$17,692
2023 World Series of Poker Event #73: $2,500 Mixed Big Bet	51^st	$4,021
2023 World Series of Poker Event #69: $10,000 No-Limit 2-7 Single Draw Championship	23^rd	$16,000
2023 World Series of Poker Event #58: $3,000 Limit Hold'em (6-Handed)	14^th	$8,061
2023 World Series of Poker Event #39: $1,500 Monster Stack	1070^th	$2,401
2023 World Series of Poker Event #35: $10,000 Secret Bounty	72^nd	$10,858
2023 World Series of Poker Event #25: $10,000 Omaha Hi-Lo 8 or Better Championship	25^th	$17,923
2023 World Series of Poker Event #14: $10,000 Seven Card Stud Championship	2^nd	$192,479
2023 World Series of Poker Event #3: $1,000 Mystery Millions	7^th	$156,101
2023 PokerStars Caribbean Adventure $25,000 8-Handed	18^th	$43,050
2022 World Series of Poker Event #70: $10,000 No-Limit Hold'em Main Event World Championship	954^th	$17,000
2022 World Series of Poker Event #77: $1,500 Mixed No-Limit Hold'em/Pot Limit Omaha	127^th	$2,625
2022 World Series of Poker Event #59: $1,000 Super Seniors No-Limit Hold'em	236^th	$2,001
2022 World Series of Poker Event #43: $500 Freezeout No-Limit Hold'em	253^rd	$1,395
2022 World Series of Poker Event #38: $10,000 No-Limit 2-7 Single Draw Championship	10^th	$25,026
2022 World Series of Poker Event #12: $50,000 High Roller	12^th	$87,500
2022 World Series of Poker Event #8: $25,000 High Roller No-Limit Hold'em 8-Handed	38^th	$40,648
2021 World Series of Poker Event #49: $10,000 No-Limit 2-7 Single Draw Championship	11^th	$25,280
2021 World Series of Poker Event #34: $1,500 Limit 2-7 Lowball Triple Draw	33^rd	$2,662
2021 World Series of Poker Event #29: $10,000 Short Deck No-Limit Hold'em	3^rd	$82,678
2021 GGPoker WSOP Online Bracelet Events Event #8: $5,000 6-Handed No-Limit Hold'em Championship	55^th	$9,664
2021 GGPoker WSOP Online Bracelet Events Event #3: $2,500 Limit Hold'em Championship	22^nd	$4,256
2021 WSOP.com Online Bracelet Events Event #10: $333 No-Limit Hold'em	4^th	$25,850
2021 US Poker Open Event #11: $25,000 No-Limit Hold'em	3^rd	$224,250
2021 US Poker Open Event #7: $10,000 No-Limit Hold'em	7^th	$49,500
2021 US Poker Open Event #5: $10,000 No-Limit Hold'em	9^th	$34,000
2021 US Poker Open Event #1: $10,000 No Limit Hold'em	2^nd	$152,000
2021 partypoker MILLIONS Online Main Event	137^th	$10,912
2020 GGPoker High Rollers Week HRW 18: $10,300 Super MILLION$ Main Event, $5M GTD	15^th	$83,217
2020 GGPoker WSOP Online Bracelet Events Event #80: People's Choice Event [Pros Vote]	316^th	$1,259
2020 GGPoker WSOP Online Bracelet Events Event #77: $5,000 No Limit Hold'em Main Event, $25M GTD	311^th	$18,098
2020 GGPoker WSOP Online Bracelet Events Event #72: $1,500 Limit Hold'em Championship	18^th	$4,616
2020 GGPoker WSOP Online Bracelet Events Event #70: $25,000 NLH POKER PLAYERS CHAMPIONSHIP, $10M GTD	33^rd	$70,150
2020 GGPoker WSOP Online Bracelet Events Event #63: $500 Mini Main Event, $5M GTD	330^th	$3,400
2020 GGPoker WSOP Online Bracelet Events Event #58: $5,000 No Limit Hold'em 6-Handed Championship	87^th	$10,721
2020 GGPoker WSOP Online Bracelet Events Event #48: $1,500 MILLIONAIRE MAKER, $5M GTD, $1M to 1st	175^th	$6,076
2020 GGPoker WSOP Online Bracelet Events Event #47: $1,000 Short Deck No Limit Hold'em	38^th	$2,679
2020 WPT World Online Championships Event #3: $3,200 8-Max Championship, $3m GTD	97^th	$8,602
2020 GGPoker WSOP Online Bracelet Events Event #43: $10,000 Short Deck No Limit Hold'em Championship	5^th	$92,545
2020 WPT World Online Championships Event #1: $3,200 Pot Limit Omaha Hi-Lo Championship, $500k GTD	2^nd	$87,720
2020 Super High Roller Bowl Online $102,000 Super High Roller Bowl	5^th	$325,000
2019 World Series of Poker Event #70: $5,000 No-Limit Hold'em 6-Handed	41^st	$14,622
2019 World Series of Poker Event #21: $10,000 No-Limit 2-7 Lowball Draw Championship	12^th	$15,167
2019 World Series of Poker Event #2: $10,000 No-Limit Hold'em Super Turbo Bounty	22^nd	$11,402
2019 US Poker Open USPO #7 - $25,000 NLH	7^th	$75,000
2019 US Poker Open USPO #5 - $25,000 NLH	3^rd	$206,500
2019 US Poker Open USPO #2 - $10,000 PLO	8^th	$25,600
2019 PokerStars Caribbean Adventure $25,000 PokerStars NL Hold'em Players Championship	87^th	$45,700
2018 Poker Masters Event #5: $25,000 No-Limit Hold'em	8^th	$66,000
2018 Poker Masters Event #3: $25,000 Pot-Limit Omaha	6^th	$55,500
2018 PokerStars.es EPT Barcelona €10,300 Pot-Limit Omaha	8^th	€29,100
2018 World Series of Poker Event #75: $1,500 The Closer No-Limit Hold'em (30 minute levels) - $1 Million Guarantee	300^th	$2,763
2018 World Series of Poker Event #9: $10,000 Omaha Hi-Lo 8 or Better Championship	26^th	$14,912
2018 World Series of Poker Event #8: $2,500 Mixed Triple Draw Lowball	29^th	$4,942
2018 US Poker Open USPO #04 – $25,000 Mixed Game Championship	5^th	$90,000
2018 US Poker Open USPO #02 – $10,000 Pot Limit Omaha	7^th	$32,000
2017 World Series of Poker Europe WSOP Europe €25,000 Super High Roller (non bracelet event)	1^st	€210,112
2017 Poker Masters Event #2 $50,000 No-Limit Hold'em	8^th	$100,000
2017 World Series of Poker Event #63: $1,000 No-Limit Hold'em	109^th	$2,042
2017 World Series of Poker Event #48: $10,000 Seven Card Stud Hi-Lo 8 or Better Championship	10^th	$26,938
2017 World Series of Poker Event #9: $10,000 Omaha Hi-Lo 8 or Better Championship	16^th	$16,848
2016 PokerStars.com EPT Season 13 Malta €5,300 Main Event	31^st	€15,540
2016 Super High Roller Bowl $300,000 Super High Roller Bowl	7^th	$600,000
2014 PokerStars.com EPT Season 11 Prague €10,300 High Roller	9^th	€63,290
2014 PokerStars.com EPT Season 11 Barcelona €5,300 Main Event	129^th	€10,300
2014 PokerStars.com EPT Season 11 Barcelona €50,000 Super High Roller	8^th	€138,600
2014 World Series of Poker Event #28: $10,000 Pot-Limit Hold'em Championship	10^th	$30,516
2014 Aussie Millions $25,000 Challenge	6^th	100,000 AUD
2014 PokerStars Caribbean Adventure $100,000 Super High Roller	2^nd	$1,178,980
2013 PokerStars.com EPT London ￡10,300 High Roller	14^th	£23,850
2013 World Series of Poker Event #47: $111,111 One Drop High Rollers No-Limit Hold'em	23^rd	$173,723
2013 Aussie Millions $10,000 Main Event	4^th	400,000 AUD
2013 Aussie Millions $100,000 Challenge	4^th	237,000 AUD
2013 PokerStars Caribbean Adventure $100,000 Super High Roller	8^th	$228,960
2012 World Series of Poker Europe Event #6: €1,650 Six-Handed Pot-Limit Omaha	13^th	€3,752
2012 World Series of Poker Event 61: $10,000 No-Limit Hold'em Main Event	167^th	$44,655
2012 World Series of Poker Event 41: $3,000 No-Limit Hold'em	28^th	$18,609
2012 World Series of Poker Event 40: $2,500 Limit Hold'em - Six-Handed	21^st	$5,970
2012 World Series of Poker Event 34: $5,000 Pot-Limit Omaha - Six-Handed	26^th	$13,509
2012 World Series of Poker Event 8: $1,500 Omaha Hi-Low Split 8-or-Better	40^th	$5,639
2012 World Series of Poker Event 4: $1,500 Seven Card Stud Hi-Low 8-or-Better	37^th	$3,921
2012 PokerStars Caribbean Adventure Super High Roller	2^nd	$846,700
2011 World Series of Poker Event #8: $1,000 No-Limit Hold'em	158^th	$3,308
2011 North American Poker Tour Mohegan Sun Main Event	2^nd	$254,000
2010 World Series of Poker Event #56: $2,500 No-Limit Hold’em	23^rd	$24,107
2010 World Series of Poker Event #46: $5,000 Pot-Limit Omaha Hi-low Split-8 or Better	2^nd	$202,142
2010 PokerStars.it EPT San Remo Main Event	84^th	€10,500
2010 NAPT Venetian 2010 NAPT Venetian Main Event	65^th	$12,053
2010 Aussie Millions Event 9: $10,500 Aussie Millions Main Event	11^th	100,000 AUD
2010 Aussie Millions Event 8: $100,000 Challenge	1^st	1,200,000 AUD
2010 PokerStars Caribbean Adventure 2010 PCA Main Event	85^th	$23,500
2009 World Series of Poker Event 57 - $10,000 World Championship No Limit Hold'em	247^th	$32,963
2009 World Series of Poker Event 21 - $3,000 H.O.R.S.E.	24^th	$8,782
2009 L.A. Poker Classic $10,000 No Limit Hold'em Championship	57^th	$23,052
2009 Aussie Millions Event 8 - $100,000 No Limit Hold'em Challenge	4^th	200,000 AUD
2009 Aussie Millions Event 4 - $1,100 Limit Hold'em	15^th	2,100 AUD
2008 World Series of Poker Event 46 - $5,000 No Limit Hold'em Six-handed	63^rd	$9,080
2008 World Series of Poker Event 29 - $3,000 No-Limit Hold'em	70^th	$5,533