Phil Hellmuth's Generosity Includes His WSOP Bracelets

While Phil Hellmuth’s reputation as “PokerBrat” on the live tournament tables is legendary, he certainly is not a brat when it comes to philanthropic efforts and sharing his wealth.

The all-time leader in collecting WSOP bracelets often lends his time and name to worthwhile charitable causes. Last year, a small sampling of the events Hellmuth devoted his energy to included hosting both the Children’s Hospital of Philadelphia and WPT Foundation All In For Kids Charity Poker Tournament and the Kentucky Derby Charity Poker Tournament.

Hellmuth also did his part for All In for One Drop, allowing himself to be dunked in a dunk tank in order to help raise money for countries around the world that lack safe and sanitary water. A tremendous cause that is also aided by many players in the Big One for One Drop poker tournament, the second installment of which will be played at this year’s WSOP.

The PokerBrat’s giving ways also extend to his 13 WSOP gold bracelets, as Hellmuth just recently announced via Twitter and his Facebook page that he parted with bracelet no. 13. The lucky recipient was his best friend Chamath Palihapitiya, a venture capitalist and software engineer with previous ties to both AOL and Facebook.

Hellmuth also revealed that of his 13 gold bracelets, he has held on to only two, nos. 1 and 12. The other 11 have been doled out to friends and family members.

The 2014 WSOP in Las Vegas is a little more than a month away. Hellmuth has his eye on adding to his leading WSOP gold bracelet total and putting even more distance between himself and pursuers such as Phil Ivey. Odds are that any future bling that Hellmuth collects will also find its way to someone special in his life.