From being a kickboxer to an Internet sensation and then being arrested, Andrew Tate’s life has been one hell of a rollercoaster ride. The man is infamous for parading his Bugattis and his misogynistic attitude.
It looks like getting banned from social media sites was the only thing protecting Tate, as the first thing he did after returning to Twitter was try to gaslight Greta Thunberg and then get arrested in his home.
Tate was charged with rape, human trafficking, and organizing a crime group to exploit women sexually. The group included Andrew, his brother, Tristan, and two other associates. They were allegedly involved with human trafficking in Romania, the US and UK.
While the trial might take years, the general public has become curious about Andrew’s source of wealth. How were the Bugattis and the lavish lifestyle funded? Here’s everything you need to know about Andrew Tate’s source of income.
How Did Andrew Tate Make His Money?
Andrew Tate has a debatable net worth of over $300 million. He has amassed wealth from his kickboxing career, casinos, Hustler’s University, social media presence as well as sponsorship deals.
Now let’s break down each of his earning strategies.
Kickboxing
According to Tate, his biggest paycheck during his kickboxing career amounted to $100,000. Following his several wins, he attracted plenty of sponsorers and advertisers who wanted to make him a brand ambassador.
Tate was passionate about martial arts from a young age, so he delved into kickboxing, Muay Thai, and boxing. He soon became a top athlete in the sport and secured several championship titles. Tate became a four-time World Kickboxing Network World Champion.
Casinos
Andrew Tate and his brother, Tristan Tate, own 15 casinos in Romania. Tate built his first casino in his early 30s as he became aware of the brilliant financial gains it could give him. According to Tate, he took action to rival other casino owners in Romania.
Reportedly, each of the casinos brings a turnover of more than $1 million per month.
In a 2020 video called Tate Confidential, the Tate brothers enter a casino, and while feeding money into the slots, Tate claims that they get half the money back since they own half of the establishments.
Hustler’s University
Andrew Tate has earned an estimated $9 million from Hustler’s University. The online program claims to teach ways to become rich and costs $49.99 a month. Tate and his employees claim that they have garnered over 200,000 students.
HU is not a standard university since it is an online paid program, much like an online course. Those who enroll can learn copywriting, freelancing, e-commerce, and various other skills. The programs also claim to teach Crypto, stocks, and financing.
Once you enter the program, there are many other courses that will be offered or benefits in exchange for money. There are even courses to earn “quick money.”
OnlyFans Business
Tate first started a webcam studio which was wildly successful and earned him $500,000 per month at the age of 27. However, it quickly started dipping, and Tate ventured into OnlyFans.
Prosecutors allege that Tate forced women to perform on OnlyFand and TikTok and has even raped one of the seven victims. In a press release, Romanian investigators stated that at least six women were being exploited to create pornographic content. Apparently, they were lured in by men seducing them and then putting them into sex work.
The War Room
Andrew Tate launched The War Room, it is a global network of business owners and entrepreneurs who corporate and network with each other. According to Tate, it gives individuals the necessary connections with successful men.
To join The War Room, you need £4,500, which allegedly has around 4000 members. The website states, “No Great Man in History became Exceptional alone.” It aims to improve men’s lives and help them succeed in business, fitness, and even relationships.
Apart from all the businesses listed above, Tate also had a massive amount of followers on TikTok and YouTube. He was a prime target for sponsorship deals and ads. His online presence can easily make him a few more bucks on top of his millions.
No matter how much you hate Tate’s misogynistic outlook, you have to admit that he had quite a few successful business ideas. Whether his business profited his customers is questionable, but it sure did earn him some dough.
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