How Andrew Tate Made His Millions
What up what up people
So, you all know that guy Andrew Tate and how he likes to market himself? "What color is you bugatti?"
He was arrested a few months back for human trafficking. The Romanian Police said he has only $12 million in total net worth. That can't be true as his "Hustlers University" alone makes $11 million/month . I had to look into his story.
So, basically he made money
-> from kickboxing
-> from webcam business
-> Forex, crypto and stock holdings
-> Hustlers university
If you wanna check it out, here is the original post with infographics. If you don't want to click off, here's the article
So...,
Andrew Tate was born in 1986 in USA. After his parents divorce (his father cheated) , he along with his mother and brother moved to England. He said always grew up poor. Even during his career as a fighter, he and his brother had to collect left over KFC and cook something with it called "flavour" cause it was so bland.
He started in 2005 as "King Cobra" in kickboxing:
- Won the British ISKA Full Contact Cruiserweight Championship in 2009, becoming the top fighter in Europe.
- By 2012, he was the second-highest rated kickboxer in the world.
- Quit in 2016 with a record of 76 wins and 9 losses to avoid worsening an eye injury.
- He quit in 2016 with 76 wins and 9 losses as he didn't want to worsen his eye injury. He was also the 4 times kickboxing world champion. Tate mentioned he made $50k-$100k per fight, but after paying his manager and coach, the take-home wasn't much. Estimating $10k per fight, he probably made around $800k in total.
He mentioned the winner in the fight gets to sleep with the girl in the ring. Won multiple fights, had multiple girlfriends. Tate used his network of girlfriends to start a webcam business, eventually managing 75 women and taking a cut of their earnings. He claimed to have made $7 million from this business, which now runs at $200k/month with his brother Tristan as the manager.
Then on, he thought he should move to Romania (*cough* evade taxes). There, he pitched an idea to three mafia brothers to use electronic machines in their casinos.
His terms were:
- He would just use their trademark for franchise
- He would invest all of his money, not even taking a dollar from the brothers.
- The brothers would get a percentage of the revenue, not just profit. The brothers had no downside to this because they were bagging in a percentage of revenue, not just profit.
- He would open casino next to their competitors and would go to war for them.
What He Did Different from Competitors:
- He hired a few women to lure in men, like giving them “free GFs“. Their job was to make the men spend as much as they can.
There was a Starbucks nearby, so he also offered the men a free casino cup of coffee
He claims to earn over $1M/month from this casino business.
In one of his videos he said that he outsourced his forex trading to a team in Dubai and reportedly made $40 million. He mentioned that he doesn't need to learn to trade forex to make money from it. His stock and crypto holdings aren't fully disclosed, but he had 31 bitcoins as reported by the Romanian Police, worth around $2 million. He also has a "TOP G Exclusive" NFTs collection, but earnings through that isn't disclosed.
The biggest money horse for his is "hustlers university" where he teaches young men to make money, relationship dynamics and masculinity. There are 220,000 members paying $50/month. If we do the maths, its $11 million/month. He also runs some other stuff like "war room" which costs $5k to enter; earnings is not disclosed.
In summary,
|| || |Kick Boxing|$800k| |Webcam Business|$7 million| |Casino|$1M/month (and growing)| |Forex and Crypto Earnings|$42 million (and growing)| |Hustlers University|$11M/month (and growing)|