How much money does Andrew Tate have, and what is his net worth?
In December 2022, former Big Brother (U.K.) contestant Andrew Tate was arrested after being accused of human trafficking and was ultimately detained in Romania. The audience was paid to watch him coerce and manipulate over 75 women into performing sexual acts live before a camera, after he lured them into his house with promises of love and marriage.
Tate is well-known for his outrageous and controversial remarks and for the physical assault of women that eventually resulted in his eviction from Big Brother. His misogynistic views on women taking responsibility for sexual assault generated massive backlash and he made headlines as a result. The Twitter altercation with climate activist Greta Thunberg drew further public and tabloid attention. This was followed by an extensive ban from social media websites, predominantly Twitter, which was eventually reversed when Elon Musk took control.
In spite of this, Tate earned substantial amounts of money from the videos he made, which contributed greatly to his wealth and fortune. As well as earning money from illicit webcam videos, he has invested in online businesses, competed in kickboxing, and stayed on Big Brother for a long time, all of which added to his wealth.
Exactly how much money does Andrew Tate have?
Tate’s estimated net worth in 2023 currently stands at $50 million, thanks to his online school, Hustler’s University 2.0. Offering subscribers a range of courses and lesson plans, each subscription is believed to generate around $50 for Tate. The site provides aspiring entrepreneurs with the skills they need to thrive in the business world. As shown on its Facebook page, students can learn about stock analysis, options plays, crypto analysis, DeFi, E-commerce, Copywriting, Freelancing, Flipping and Real Estate among others. Financial Planning and Affiliate Marketing are also included as part of the course modules.
Apart from Cobratate.com, a fitness website that offers guidance on workout plans and nutritional training to its subscribers, he is also the brains behind War Room – an exclusive community with a $5,000 entry fee which grants access to all sorts of real-life activities for men over 18. This particular investment has been very lucrative as it has gained traction from early 2021, with around 1,800 members joining in to date.
In addition to his online business investments, Tate also owns 15 casinos in Romania. It is unclear how he acquired and built the casinos, but he claims to have collaborated and partnered with a mafia family in the area.
“There was a story about three brothers, mafia guys, who owned 400 casinos throughout eastern Europe. I came up with this plan and approached them… I’ll pay to open locations, so you don’t have to pay anything. You’ll get a percentage of turnover, not profit. So even if you don’t make any money, you’re making money because it’s pure turnover. And I’m opening up right next door to your #1 competitor in Romania. So I’ll go to war for you with my money.”
His total income from the casinos is estimated to be $1 million per month. However, Tate’s kickboxing career put him on the map. He competed in two professional kickboxing bouts, earning $100,000 to $200,000. According to him, he made some money kickboxing, but was never rich. Yes, he made $50,000 – $100,000 per fight, but once you pay your manager, your kickboxing coach, and everyone else, there’s not much left.”
He fought under the name “King Cobra” and went on to become the second highest-rated kickboxer in the world by the end of 2012. In addition to his $28 million house in Romania, Tate owns several luxurious cars, including a Bugatti, a McLaren 720S, a Mercedes, and a Ferrari, among others. Although Tate’s collection is worth about $5 million, his legacy appears to rest on the serious allegations he faces, as well as his misogynistic and crazy views.
Having said the above nobody really knows the exact worth of Andrew Tate, due to his complex businesses and his crypto holdings, we don’t think it will be revealed in any upcoming court case, but one thing is clear his net worth is more than Kayne West but we are sure his net worth is significantly lower than Elon Musk.
The post What is Andrew Tate’s Net Worth ? Does he really have $700 Million + first appeared on BusinessMole.