Andrew Tate to donate $25 million this year

[something_else]

50 minutes ago, StarStruck said:

Andrew Tate has 300+ million dollar of net worth according to google. That is a crazy amount of money. It is even more crazy that he went on a crusade and endangered himself. It means he really believes in his cause. 

according to tate*

As far as I can tell that figure of $355m came from him.

Kanye West's net worth is around $400m for comparison. Connor McGregor, the world's highest paid MMA athlete is worth $200m. The idea that Tate would be anywhere close to those celebrities' worth from a webcam business, some low level casinos, and a course where he pays millionaires extraordinary amounts of money to pedal you his propaganda seems very unlikely.

His $50/month courses probably made him the most money. Assume they make $5m per month in revenue with 100,000 members (listed on their website, which again is self-reported and is very likely BS), he has to pay 10+ millionaires stupid amounts of money to build his courses and to tutor, he has to pay for server costs, developers, marketing, and then split the remaining profits 50/50 with his brother. And then pay tax on that. I'd be very surprised if he saw anywhere even close to $1m/month of that money at the end.

Edited September 6, 2023 by something_else

[Leo Gura]

54 minutes ago, StarStruck said:

Andrew Tate has 300+ million dollar of net worth according to google.

I call total BS on that number.

Edited September 6, 2023 by Leo Gura

[Majed]

17 hours ago, Leo Gura said:

you're an utter fucking fool

this is the most accurate description of @StarStruck an utter fucking fool. 

[D2sage]

Lets keep it clean.

Avoid Google, their first page results are not reliable anymore. This shitty search engine is over-commercialized.

In this article: https://www.celebritynetworth.com/richest-athletes/mma-net-worth/andrew-tate-net-worth/

It says Andrew Tate net worth is $12 Million.

Edited September 6, 2023 by D2sage

[Leo Gura]

12 minutes ago, Majed said:

this is the most accurate description of @StarStruck an utter fucking fool. 

Take it easy.

[Jodistrict]

That’s about a 30 time difference between the lowest and highest estimate.   The one thing that could explain it would be cryptocurrency where a multiplication of that magnitude would be possible.  But is there a way to track cryptocurrency profits?   Isn’t it anonymous?   And if Tate is voluntarily reporting the higher number, doesn’t that make him a target for taxing authorities if he hasn’t paid up?  Why would he risk making this admission?  If he paid the taxes, that would be solid proof.

[Leo Gura]

Those online estimates of celeb net worth are notoriously wrong. They are mostly just guesses.

And in Tate's case all it's based on is his own words.

Of course Tate is lying about his net worth because that's how he gets dumb young guys to look up to him and buy his courses.

Edited September 6, 2023 by Leo Gura

[zurew]

3 minutes ago, Leo Gura said:

Those online estimates of celeb net worth are notorious wrong. They are mostly just guesses.

The first 7 site literally suggest 7 different numbers - its completely useless.

Ranging from 10 mil to 900 mil. lmao

Edited September 6, 2023 by zurew

[D2sage]

12 million sounds more reasonable than 300 million if you run an online course alone with that many enrollers.

Then his other activities its harder to guess.

Must be expensive to bring your Bugatti with you on a private jet. Obviously, the guy has the money to eat lobster and oysters every day.

Edited September 6, 2023 by D2sage

[GLORY]

Andrew Tate is the richest man on the planet 

He probably will become the first billionaire in history 

[UnbornTao]

Of course he's just doing it out of the pure goodness of his heart.

Edited September 7, 2023 by UnbornTao

[How to be wise]

@Leo Gura I got a warning point for saying “you got put in your place”. Can you please review that warning point. 

[Leo Gura]

@How to be wise Okay.

[How to be wise]

38 minutes ago, Sidra khan said:

?

It must be a bug. 

Those moderators were abusing their power.

[Princess Arabia]

2 minutes ago, Sidra khan said:

Things are changing all the time. What we need is more stability.

[Jehovah increases]

17 hours ago, How to be wise said:

Those moderators were abusing their power.

Bro, I get into crap all the time with mods and yes some may abuse their power from time to time. And all I have is Love for all of them.

Edited September 8, 2023 by Jehovah increases

[nhoktinvt]

14 hours ago, StarStruck said:

Andrew Tate has 300+ million dollar of net worth according to google.

originally he has like 30, when he saw that and he's like "make it 300" and google changed it to 300 

[StarStruck]

16 hours ago, something_else said:

according to tate*

As far as I can tell that figure of $355m came from him.

Kanye West's net worth is around $400m for comparison. Connor McGregor, the world's highest paid MMA athlete is worth $200m. The idea that Tate would be anywhere close to those celebrities' worth from a webcam business, some low level casinos, and a course where he pays millionaires extraordinary amounts of money to pedal you his propaganda seems very unlikely.

His $50/month courses probably made him the most money. Assume they make $5m per month in revenue with 100,000 members (listed on their website, which again is self-reported and is very likely BS), he has to pay 10+ millionaires stupid amounts of money to build his courses and to tutor, he has to pay for server costs, developers, marketing, and then split the remaining profits 50/50 with his brother. And then pay tax on that. I'd be very surprised if he saw anywhere even close to $1m/month of that money at the end.

That is a crazy low margin for an internet business. You brokies underestimate the power of a tribe. Andrew's biggest asset is his boys. Rich people find rich people and work together. That is how they become richer. He has multiple regular businesses which we have never heard of.

[something_else]

1 hour ago, StarStruck said:

That is a crazy low margin for an internet business. You brokies underestimate the power of a tribe. Andrew's biggest asset is his boys. Rich people find rich people and work together. That is how they become richer. He has multiple regular businesses which we have never heard of.

$1m net profit margin to Tate on $5m in sales would be a 40% net profit margin split 50/50 with his brother. 40% is a very very high net margin, it's likely nowhere near that because he has to pay all of those millionaire tutors a good chunk of it. They aren't gonna do that shit for free for him and they will command a high price.

[StarStruck]

1 hour ago, something_else said:

$1m net profit margin to Tate on $5m in sales would be a 40% net profit margin split 50/50 with his brother. 40% is a very very high net margin, it's likely nowhere near that because he has to pay all of those millionaire tutors a good chunk of it. They aren't gonna do that shit for free for him and they will command a high price.

1/5 is 20% not 40%. In Romania wages are very low. It is one of the reasons why he is there. As for paying his tutors, we don't know how much they get paid. There are tons of guys who are willing to work for him for free just to get access to his social and business circle.