What Is Andrew Tate’s Net Worth?
Andrew Tate, an American-British kickboxer, entrepreneur, and social media personality, has garnered considerable attention for his controversial views and online presence. Estimates of his net worth vary, but generally accepted figures place it in the millions. One estimate suggests Andrew Tate’s net worth is approximately $20 million. However, it’s important to note that financial figures for public figures can fluctuate and should be considered as approximations.
In 2023, Romanian authorities investigating Andrew Tate on charges of rape and human trafficking estimated his net worth to be around $12 million. This estimate included assets such as 15 luxury cars, 14 luxury watches, holdings in four companies, and 21 Bitcoin, which were valued at $588,000 at the time of the statement. The composition of his wealth is diverse, encompassing both tangible assets and digital currencies. The luxury cars included a Bugatti Chiron Pur Sport, purchased for $5.2 million, and two Ferrari 812 competiziones, each estimated at $600,000.
Sources of Andrew Tate’s Wealth
Andrew Tate’s wealth is derived from a variety of sources, including his kickboxing career, entrepreneurial ventures, and social media activities. After retiring from professional kickboxing, Andrew Tate transitioned into a media personality, gaining notoriety for his controversial views and online platforms. Tate was a contestant on the 17th season of the British version of Big Brother before being removed due to a controversial video of him allegedly hitting a girl with a belt. Today, he is known for operating controversial social media accounts that promote a misogynist lifestyle. Many of his social media accounts have been banned.
One of Andrew Tate’s primary revenue streams is his online subscription business, “Hustler’s University.” This platform offers men advice on relationships and masculinity. Hustler’s University has over 100,000 subscribers paying $49.99 per month. If that subscriber number is accurate, that would equate to around $5 million in monthly revenue for the business. This subscription model contributes significantly to Andrew Tate’s net worth.
Chat logs revealed in an August 2023 BBC report indicated that in August 2022, “Tate’s War Room” had 434 members paying $8,000 a year for their memberships. If accurate, that would equate to around $3.5 million in annual subscription fees. This exclusive community represents another significant source of income for Andrew Tate.
Andrew and his younger brother Tristan have made millions of dollars operating a webcam business where men reportedly pay $4 a minute to speak with models. The models reportedly have extracted extremely large sums of money from some of the callers by telling sob stories about their lives. While specific revenue figures for his webcam business are not publicly available, it has been reported as a substantial source of income.
Andrew Tate’s car collection is apparently quite large and valuable. It is believed that his collection includes over 20 vehicles… perhaps more than 30, as Andrew implied. From social media posts, Andrew Tate’s car collection is known to include the following vehicles: Bugatti Chiron Pur Sport – Purchased for $5.2 million Two Ferrari 812 competiziones – estimated at $600,000 a piece Aston Martin Valhalla – On order, not yet received, but apparently worth $800,000 Two Lamborghinis Rolls Royce Wraith McLaren 720s.
Legal Issues and Asset Seizures
On December 29, 2022, Andrew and his brother Tristan were arrested in Romania on charges that alleged human trafficking, rape, and being a member of an organized crime group. On June 20, 2023, Andrew and Tristan were indicted on charges of rape and human trafficking. These legal issues have had a significant impact on his finances, including the seizure of assets by authorities.
In January 2023, Romanian police seized several cars from Andrew Tate’s car collection. Police seized a McLaren 765LT, a Rolls Royce Wraith, a 2018 Ferrari 812 Superfast S, a 2019 Porsche 911 Carrera 4S, A Lamborghini Aventador SVJ, a BMW X4 coupe, a 2019 Aston Martin Vanquish S, and a Mercedes GLS. These seizures have reduced his available assets and overall net worth. The ongoing legal proceedings will likely continue to affect his financial standing.
Andrew Tate was a contestant on the 17th season of the British version of Big Brother before being removed due to a controversial video of him allegedly hitting a girl with a belt. His stint on the show did not last long. Almost immediately after the show began airing, old Tweets that were perceived as racist were highlighted on social media. After just six days on the show, Andrew was removed from the cast after a video was released that allegedly showed him beating a woman with a belt. The woman would later confirm that the actions in the video were consensual.
Andrew Tate’s fame peaked in late 2022 when some of the world’s largest social media platforms, including Instagram, Facebook, YouTube, and TikTok, banned Tate from their respective platforms. His Twitter account had been banned the previous year but was actually restored in November 2022 after the platform was acquired by Elon Musk.
In December 2022, Andrew sent a tweet at environmental activist Greta Thunberg that ended up being widely mocked. In his tweet, Andrew said: Hello @GretaThunberg I have 33 cars. My Bugatti has a w16 8.0L quad turbo. My TWO Ferrari 812 competizione have 6.5L v12s. This is just the start. Please provide your email address so I can send a complete list of my car collection and their respective enormous emissions. Greta sent the following reply several hours later: yes, please do enlighten me. email me at [email protected]
Emory Andrew Tate III was born in Chicago, Illinois, in December 1986. His mother, Eileen, is a white British woman. His late father, Emory Tate II, was a black American who was an international chess master. In addition to Andrew, Emory and Eileen had two other children, including Andrew’s younger brother Tristan Tate. The family lived in Illinois and Indiana until Eileen and Emory subsequently divorced. After their divorce, Eileen and the children moved to England.
In 2005, at the age of 19, Andrew began kickboxing professionally as a cruiserweight out of his mother’s hometown of Luton, England. By late 2008 he was ranked as one of the top 10 kickboxers in Britain by the International Sport Kickboxing Association (ISKA). In 2009, Andrew Tate won the ISKA English Full-Contact Cruiserweight Championship and the IKF British Cruiserweight Championship. In 2011, he was the ISKA World Full-Contact Light Heavyweight Champion, and in 2012, he was the Enfusion: Trial of the Gladiators Tournament Runner-Up. Tate was the ISKA World Full-Contact Light Cruiserweight Champion in 2013 and the Enfusion Live World Champion in 2014. In 2010, he had his only professional MMA match.