Kathy Liebert – Hall of Fame Inductee and One of the Best Women in Poker

Author: Tadas Peckaitis

In professional poker, where skill, strategy, and nerves of steel converge, Kathy Liebert stands as a true trailblazer. As an American gambler and poker player, she has etched her name in the annals of the game’s history, shattering gender barriers and redefining success in a traditionally male-dominated arena.

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Liebert’s groundbreaking achievement came when she became the first woman to capture tournament victory with a staggering first prize of $1,000,000. This milestone marked a turning point, propelling her into the spotlight and establishing her as one of the most famous gamblers.

With an illustrious career spanning several decades, Liebert has consistently displayed her exceptional skills, earning her a palace among poker’s elite.

Liebert’s remarkable earnings of over $6,871,339 have solidified her position as the second-highest earner in the female all-time money list, standing just behind the legendary Vanessa Selbst.

Full Name

Kathleen H. Liebert

Net Worth

$5 million

Source of Wealth

Professional poker player

Famous for

The first woman to claim a seven-figure win

Born

October 1st, 1967, Tennessee, USA

This article delves into the fascinating life and career of Kathy Liebert, exploring her rise to prominence, her contributions to the poker world, and the impact she continues to have on aspiring players, particulate women. And, of course, we find out Kathy Liebert net worth.

Kathy Liebert Highlights

Highlights

• The first woman to win a $1,000,000 prize in a poker tournament
• Second highest poker earner on the female all-time money list with $6,871,339
• Won 1 World Series of Poker Gold Bracelet
• Inducted into the Women in Poker Hall of Fame

Kathy Liebert Early Years and Upbringing

Kathy Liebert was born in Nashville, Tennessee, on October 1st, 1967. She grew up as a middle child with two brothers in Long Island.

After graduating from Marist College with a degree in business and finance, Liebert worked as a business analyst for Dun & Bradstreet. However, although she had an excellent job, she wanted more and was looking to find something more fulfilling.

Encouraged by her mother to pursue her passion, Liebert was drawn to poker. She started her career as a prop player in Colorado, where she relocated to explore new opportunities.

There, she rediscovered her love for the game in the mountain communities where gambling had recently been legalized, particularly $5-limit poker.

As Liebert immersed herself in the poker community, playing in home games and casinos, she formed connections with fellow players who would shape her career.

One fateful invitation from a friend to join a tournament in Las Vegas opened the door to the thrilling world of the casino game, setting the stage for Liebert’s rise to prominence and her role in some of the biggest poker tournaments in the world.

"I didn't have any plans when I moved to Colorado. I just wanted to try something different, so I guess my destiny was to become a poker player."

Kathy Liebert

Kathy Liebert Professional Poker Career

Liebert’s poker journey took off in 1994 when she entered her first tournament, an Omaha eight-or-better game at the Gold Coast Casino.

She struck a deal to split the prize money, and shortly after, she found herself in another heads-up showdown, this time in a Limit Hold’em Event.

Once again, she negotiated a money split, and before she knew it, she raked in an impressive $34,000 in her first week of tournament poker.

Fuelled by her initial triumphs, Liebert embarked on a path of success, traveling to different poker series and competing in various events.

In 1997, she secured a remarkable second-place finish in a $3,000 No Limit Hold’em tournament, adding $123,690 to her growing winnings. She showcased her skills in the following years, finishing in 17th place in the 1998 and 2000 World Series of Poker Main Events.

Liebert worked hard, dedicating herself to tournaments and cash games, and in 2005, at the Party Poker Million No Limit Hold’em Championship, she found herself at the final table, eyeing the first-place prize of $1 million.

The stars aligned for Liebert as she emerged victorious, etching her name in history as the first woman to claim a seven-figure prize.

WSOP Performance and Achievments

With her impressive accomplishments, Liebert has left an indelible mark on the World Series of Poker.

She boasts a WSOP bracelet, which she won in the $1,500 Limit Hold’em Shootout event, securing over $110,000 in earnings. In that year’s WSOP, Liebert joined the ranks of Cyndy Violette and Annie Duke as one of the three women who won an open event.

In addition to her bracelet, Liebert has also captured a WSOP circuit ring.

During the 2008 World Series of Poker, on June 1st, Liebert secured a spot at the final table of the $10,000 Pot-Limit Hold’em World Championship. In an impressive performance, she finished in 3rd place, earning a well-deserved payout of $306,064.

Liebert's consistent success is evident with an astounding 142 cashes in WSOP events. Her total WSOP earnings exceed $1,689,042, a testament to her skill and longevity in poker.

Her achievements at the WSOP highlight her formidable presence and cement her status as a respected and accomplished poker player.

Induction into the Hall of Fame

Kathy Liebert’s exceptional contributions to the poker world have garnered well-deserved recognition.

In 2010, Liebert was inducted into the Women in Poker Hall of Fame, an esteemed international institution that celebrates and honors the accomplishments of remarkable women in the poker industry.

Building on her previous achievements, Liebert’s illustrious career led to another prestigious nomination.

In 2022, she was nominated for the Poker Hall of Fame, an esteemed honor that recognizes outstanding players and contributors to the game.

Kathy Liebert Net Worth and Earnings

Kathy Liebert net worth is a subject of estimation, considering various factors influencing a poker player’s financial standing. According to the Hendon Mob, her total live tournament earnings amount to $6,871,339, significantly contributing to her wealth.

Apart from her successful poker endeavors, Liebert’s background in business and finance has also played a role in her financial success. She has demonstrated savvy investment skills, adding to her overall net worth.

While it is challenging to find exact data online, based on our best estimates, Kathy Liebert’s net worth is estimated to be around $5 million.

Where Is Kathy Liebert Today?

Liebert continues to be active in poker, regularly competing in live tournaments. She is participating in the 54th Annual WSOP, showcasing her enduring passion for the game.

Beyond her poker pursuit, Liebert is also deeply involved in philanthropic endeavors. She is an enthusiastic member of “The Animal Foundation,” Nevada’s largest animal shelter and pet adoption agency.

Her commitment to supporting this organization reflects her compassion and love for animals.

Whether she is comparing at the poker table or advocating for the well-being of animals, Kathy Liebert remains an inspirational figure in her professional and personal endeavors.