How does Andrew Tate make his money 2022?
Andrew Tate has become popular on social media in the last few months as clips and posts of him from podcasts and interviews have gone viral. Tate claims to be the first trillionaire in the world, so people are wondering how he makes his money? Despite his claims, Tate’s networth is only around $250 million, so lets dive into his income sources.
Andrew Tate started out as a kickboxer. He is a former ISKA world champion, but left the world of combat sports because it did not pay enough and made the venture into business. He claimed the largest check he ever cashed from fighting was about $100,000.
Since leaving the ring, Tate has started multiple businesses, including his YouTube page, webcam ring, and Hustlers University course.
On his YouTube account, he uploads videos that detail his life, which is reported to earn him between $10,00-80,000 a month.
Tate and his brother Tristan’s webcam business uses women to sell “sob stories” to men who are then willing to empty their wallets. It is reported that they make millions from what they have admitted is a “total scam.” Their business is stated to have 75 models who take calls from fans who pay $4 a minute, where they can also pay additional tips and get private shows.
Tate’s Hustlers University course is where he earns the bulk of his income, but the course itself is a Ponzi scheme. Fans sign up and pay a $49 monthly membership to learn from Tate about how to be an alpha and make money. They are given their own affiliate sign-up link, which they are then encouraged to share with their friends. If they manage to get someone to join through their personalized link, they get 50% of the sign up fee.
As of July, the course had about 80,000 students, and Andrew Tate reportedly shares $4 million a month between him and the other teachers on the program. He has also claimed the university is worth more than $300 million
View this post on Instagram
Who is Andrew Tate?
According to his website, he was born in the U.S. and holds British and U.S. citizenship, has earned multiple world titles as a professional fighter, and is a commentator for an MMA promotion in Romania called Real Xtreme Fighting.
Tate apparently earned his fortune by running an adult webcam business called “myfreecams” with his brother Tristan. They employed women to have chat sessions with men in which the women would complain of personal tragedies and claim to be in need of money, which the men would then supply via a “tipping” feature on the site. The Daily Mirror interviewed the two brothers in March. Tristan said in the interview the business was a “big scam to sell sob stories to desperate men.”
Tate claimed on a video podcast in March that at the height of myfreecams, over 75 women were working for him across four locations, and that he was pulling in $600,000 a month.
In that same video, Tate also explains that his house, which was housing the girls working for his webcam studio, was raided by UK authorities after one of the women claimed Tate had hit her. He also explains that amid the ensuing investigation, he felt persecuted by the British government, and left for Romania. In a now-deleted YouTube video, Tate claimed that Romania’s lax laws on sexual assault are “40% of the reason” why he moved. He added: “I’m not a rapist, but I like the idea of just being able to do what I want. I like being free.”
Share On:
Do you find Naijalanded useful? Click here to give us five stars rating!
CLICK HERE TO PROMOTE YOUR MUSIC/VIDEO
0 Responses
Do you wish to initiate a DMCA takedown report?
Kindly send details to [email protected]
Advertise with us
To advertise with us, contact us at [email protected] or +2348066918208. Visit [email protected] to learn more about NaijaLanded offerings and advertising options.