Andrew Tate Net Worth 2024: Is the Most Controversial Man on the Internet Worth $800 Million?

While it’s not unusual for celebrities and TikTok stars to be controversial, internet celebrity Andrew Tate stands out as potentially the most controversial influencer of all time.

While Romanian authorities believe that Andrew Tate’s net worth is only about $12 million, analysts have estimated a much higher net worth with some even believing him to be a billionaire.

Currently, his net worth is estimated to be anywhere between $12 million and $800 million but it is likely near $400 million.

He is one of the most popular celebrities with a global appeal and following and is known for his luxurious lifestyle.

Latest Update: Andrew Tate’s Recent Legal Troubles

Andrew Tate has continued to make headlines in 2024, but for all the wrong reasons.

Recently, his home in Romania was raided by local authorities as part of an ongoing investigation into serious allegations of human trafficking, organized crime, and rape. Tate and his brother, Tristan, were detained and are facing multiple legal challenges as prosecutors build their case.

The raid and legal proceedings have once again brought Tate into the global spotlight, overshadowing his online persona and wealth, with potentially severe legal consequences for the controversial influencer.

Andrew Tate Net Worth 2024 Breakdown

Since Tate’s business empire and investments are held privately and not through a publicly traded company, no one can put an exact number to his net worth.

Furthermore, much of his wealth is believed to be in cryptocurrencies, making it difficult to build a precise estimate.

We were able to collect as much public information about his various sources of income, investments, assets, and business ventures as we estimate his net worth in 2023 at well over $400 million.

Andrew Tate’s Early Life

Emory Andrew Tate III was born on December 1, 1986, and has a mixed heritage. His father, Emory Tate II, was African American and an international chess master. His mother, Eileen, was born in England and worked as a catering assistant. They met in the UK while Emory Andrew Tate was serving in the US Air Force. The couple had two more kids, son Tristan Tate and daughter Janine Tate.

The Tate family moved to America and Andrew was raised in Chicago, Illinois. However, in 1997, Eileen divorced Emory Tate and moved to Luton in England.

Both Andrew Tate and Tristan Tate remember growing up in constant poverty and shared that they would save leftover chicken from KFC in the freezer to eat later. Their journey is certainly a rags-to-riches tale, similar to those of Arnold Schwarzenegger and chef Gordon Ramsay, but with very different approaches.

However, many have questioned the alleged childhood poverty that Tate has talked about. For instance, an unnamed source said, “He never came from poverty. If he’s saying he’s gone around nicking KFC chicken, that’s a complete lie.”

Another source also rubbished claims of Andrew Tate growing up in poverty and said, “He had a Porsche and Ferrari” – cars that no one associates with “poverty.” Notably, the older photos do confirm that he had a Porsche.

Andrew Tate Net Worth: First Taste of Success

Meanwhile, just like many other self-made millionaires like Rick Harrison of Pawn Star fame, Andrew Tate started making money at a very young age. For instance, a relative recalled, ‘I remember when he was 14, he was earning money working at his uncle’s fish business and he had bought himself his first mobile phone. It wasn’t much but he loved it.”

Just after finishing school, he started selling windows and solar panels and earned commissions. He soon bought himself a motorbike and started training as a kickboxer at Luton’s Storm Gym.

Meanwhile, even as Tate’s journey to become a professional kickboxer began at the gym, he showed an inclination towards it quite early as a relative recalled “One day these three guys from the Marsh Farm estate jumped him for it (his mobile phone). These were not lads to be messed with but Andrew took care of all three of them quite easily.”

They added, “At that stage, he hadn’t done any kickboxing, he just had a punchbag set up in the back garden.”

Andrew Tate’s professional kickboxing career

Andrew Tate started to practice kickboxing in 2005 and won his first championship – the British ISKA Full Contact Cruiserweight Championship – four years later.

The British-American kickboxer eventually won four titles across two weight classes in ISKA (International Sport Kickboxing Association) kickboxing before calling it quits in 2020 due to the multiple eye injuries and surgeries he had to deal with.

Meanwhile, Tate had a remarkable professional kickboxing career and went on to win 76 of the 87 fights which is among the best. He was nicknamed “King Cobra” throughout his kickboxing career. Here are some of his achievements as a kickboxer.

• In 2009, Tate was ranked No. 1 in the cruiserweight division in Europe.
• In 2011, Tate won the first ISKA World Full-Contact Light Heavyweight Title against Jean-Luc Benoit via knockout
• In 2012, he was ranked the second-best light-heavyweight kickboxer in the world before he lost the Enfusion championship tournament to Franci Grajš.
• In 2013, he won the ISKA World Full-Contact Light Cruiserweight Title where he beat Vincent Petitjean in a split decision
• In 2014, he won the Enfusion Live World Champion in the 90-kilogram category. In that fight, Tate beat Wendell Roche and became only the second fighter to beat Roche in his long career of 200 fights.

Andrew Tate Net Worth: First Taste of Fame & Controversy

After his successful kickboxing career, Tate appeared on the British reality show “Big Brother” in 2016 which was the seventeenth series of the popular show. Just as most things Andrew Tate, his reality TV foray was also controversial and he came under scrutiny for his past racist and homophobic comments.

Tate was expelled from the show within a week after a video surfaced online that showed Tate slapping a woman and whipping her with a belt.

Tate claimed that the act was a “role play” and consensual but the excuse did not cut it with the makers of Big Brother who while expelled.

The producers of the show said, “Due to information Channel 5 and Big Brother became aware of today, Andrew Tate has been removed from the Big Brother House.”

Tate too gave his side of the story in a now-deleted Facebook post and said, “I’m no longer in the Big Brother house, I’m afraid. I had a new plan that I wanted to do which was much better than calling them all snakes.”

Tate said, “I had an amazing master plan and the producers of the show were worried that if I did such an amazing plan and got caught that it was going to kick off in a big way.” He believes that his plan “was just too risky” for the producers so they decided to fire him.

Meanwhile, Channel 5 and Big Brother termed his statement as “completely false.” They responded, “Andrew was not removed because of his actions inside the house. Nor was he removed for tweets allegedly posted by him prior to his entering the house. Andrew was removed because of information which came to light today.”

Andrew Tate Net Worth: Entering the Business World

Andrew Tate has started multiple businesses many of which happen to be online platforms. Let’s dive into his lengthy entrepreneurial career.

Hustler’s University: Bringing in Millions per Month?

Andrew Tate has started several online businesses. These include the Hustler’s University which he started in 2021. The website claims that it has over 220,000 members. It currently charges $49.99 per month which amounts to a monthly revenue of almost $11 million (if it in fact has 220,000 active, paying members).

As the name suggests, “Hustler’s University” guides people on side hustles. The website offers three solutions to users. Firstly, it guides on side hustles to make money online. Once the users start earning, it helps them invest the money. Finally, it says that it helps the users live the lives that they dream of.

The website says that Hustler’s University 4.0 gives subscribers private learning access to the following.

• E-commerce
• Drop shipping
• Marketing and business, including copywriting and various freelancing gigs
• Investing – including in stocks, options, cryptocurrencies, and NFTs
• Fitness and nutrition
• Access to the Real World App

The website boasts that it is “the best place to be if you truly desire financial freedom” and provides one-on-one coaching from millionaires.

The website mentions several success stories of subscribers making thousands of dollars every month by utilizing the knowledge that they gained from the University.

For instance, in one such story, the subscriber claims that he’s now generating $200,000 per month while he only had $3,000 when he joined the platform.

However, the online reviews of Hustler’s University are mixed at best. One of the biggest cons of Hustler’s University is the pricing which most find steep. To make things worse, the money is nonrefundable.

Others have found the course too overwhelming while pointing out that similar information is usually available for free online.

Even the training program of Hustler’s University is controversial and a guide said that generating “comments and controversies” is key to success. The guide added, “What you ideally want is a mix of 60-70% fans and 40-30% haters. You want arguments, you want war.”

Many believe that Hustler’s University is little more than a pyramid scheme designed to incentivize recruiting over all else. Critics also say that Tate is trying to capitalize on his young and vulnerable audience and that he does not have entrepreneurial skills otherwise.

The War Room

The War Room is another of Tate’s businesses which its website calls “a global network in which exemplars of individualism work to free the modern man from socially induced incarceration.”

The War Room charges $7,979 for an annual membership and while according to the BBC, it had 434 members as of August 2022, the current members are estimated to be upwards of 1,000.

Tate sells it as a course to help men become Tate’s idea of a perfect, strong man.

Andrew Tate’s Casino Business

Andrew Tate has a sprawling casino business and he previously admitted to jointly owning 15 casinos with his brother Tristan Tate. These casinos reportedly bring in an estimated $1 million in income every month.

In a clever marketing strategy, he started offering free coffee at his first casino in Romania after discovering a long queue at a Starbucks nearby. The free coffee ploy worked well and the casino managed to gain business from a rival situated nearby.

Andrew Tate’s Webcam Business (or Criminal Enterprise?)

Andrew Tate also started a adult webcam business According to Tate, his webcam business was making $600,000 per month at the peak when it employed 75 women spread across four countries, some of whom happened to be Tate’s former girlfriends.

Speaking with James English, Tate said, “The girls would sit on a webcam and an old dude would sit there. I was training these girls and it got to the point where it was easier if I typed myself, we had the two girls on camera with a keyboard that wasn’t plugged in, but I was behind the screen talking to the dudes, saying the right things to start dragging money out of the internet.”

Both Andrew Tate and Tristan Tate admitted that the webcam business was a “total scam” where models sold fake sob stories to men who shelled out $4 per minute to speak with them.

While Tate has reportedly not been involved with the webcam business for quite some time now, the American-British kickboxer reportedly still takes between 20%-30% of the webcam income of his former girlfriends.

Critics and victims have made various allegations that much of the doings of this business were harmful and illegal to its workers. We’ll dive into these claims more when we discuss some of his many controversies below.

If you’re interested in learning more about Tate’s webcam scam and other exploits, he spoke about them in depth in the podcast with James English below.

Andrew Tate’s OnlyFans Management Company

Andrew Tate also had an OnlyFans management company which he claimed was earning $500,000 per month. However, OnlyFans said that it took “proactive measures” to stop Tate from monetizing content on the platform after he was accused of human trafficking, kidnapping, and rape.

Victims alleged that he wouldn’t let them leave his webcam and OnlyFans business, forcing them to do whatever he wanted.

Andrew Tate Merchandise

Andrew Tate sells his merchandise through different websites including on Top G. However, not much information is available about how much money he makes from this venture.

TateSpeech on Rumble

Andrew Tate runs the TateSpeech and Tate Confidential channels on Rumble. Tate has claimed that he received $9 million from Rumble as part of the deal but the value could not be independently confirmed.

Notably, Rumble gained traction among conservatives especially those who were banned from what many see as “liberal” social media platforms.

Andrew Tate Controversies

While Andrew Tate’s net worth is debatable with huge divergence in estimates, his status as one of the most controversial people on the planet is not. They seem to only continue to increase.

Tate has been banned from leading social media platforms like Facebook, TikTok, Instagram, and YouTube. Even his Twitter account was suspended but was later restored by the platform’s new owner and self-proclaimed “free speech absolutist” Elon Musk who has renamed Twitter as X.

As a self-proclaimed misogynist, his views on women are among the most controversial. For instance, in 2018, he said that he feared a “decline of Western civilization” after he saw a poster at London’s Heathrow Airport “encouraging girls to go on holiday as opposed to encouraging being a loving mother and a loyal wife”.

Recently these controversies turned to criminal charges in Romania where he and his brother await their trials.

Why Was Andrew Tate Arrested in Romania?

Andrew Tate was arrested and charged in Romania over accusations of rape and sexual assault, human trafficking, and involvement with his own organized crime group. Romania’s anti-terrorism organization accused Tate of using the “Loverboy” ploy to gain control over women by falsifying a romantic relationship to bait them into his businesses where he would hold them hostage.

Though Tate hasn’t had his trial yet, most onlookers strongly believe in his guilt and he hasn’t done much to dissuade them. In fact, one of the reasons Tate moved to Romania was due to the relatively lax law enforcement in the country especially in relation to sex crimes.

In a podcast in 2022, Tate said, “I like Eastern Europe as a whole because corruption is far more accessible … I find it offensive that a police officer in England will stop me and refuse to take a bribe.”

Notably, in its 2023 report on trafficking, the US State Department said, “Romania remains a primary source country for sex trafficking and labor trafficking victims in Europe.”

Meanwhile, Tate was initially put under house arrest but has won a reprieve and is free to move inside Romania (though his charges were not dropped). He however cannot leave the country as yet as the country’s Directorate for the Investigation of Organized Crime and Terrorism is still investigating organized crime allegations against him.

Tate had previously said that the arrest was meant to “steal” his wealth. A Romanian court has declined his request to return his assets that were seized in the trafficking case. These include

• 15 luxury cars including a Porsche, a Rolls-Royce, a Ferrari, an Aston Martin a BMW, and a Mercedes-Benz.
• 14 designer watches
• Cash in several currencies

Notably, Andrew Tate’s car collection is quite impressive. Tate owns between 20 to 30 cars which include a Buggati Chiron, Ferrari 812 Superfast, McLaren 720s, a Bentley Continental GT, and an Aston Martin Valhalla

Andrew Tate’s Investments

Andrew Tate invests in both stocks and cryptocurrencies and his online courses advise people on investing. He said that he turned a $600,000 investment into Bitcoin into a cool $12 million and in an interview, said that he’s “going full crazy mister blockchain now.”

In a podcast, he talked about an example where he needed to send $900,000 to Qatar to buy a property and faced what he called “legal nightmares” related to the money transfer. He talked about how Bitcoin scores above traditional money transfer modes like bank transfers.

Tate believes that through his bet on Bitcoin, he is trying to “stay ahead of the curve.”

While we don’t know how many bitcoins the Tate brothers currently own, his massive bet on cryptocurrencies and the associated anonymity are among the reasons there are such divergent estimates of his net worth.

Andrew Tate’s Real Estate Investments

Andrew Tate has made conflicting comments about his property ownership. While in some interviews he has claimed to own property – including when he said he needed to send money to Qatar to buy a property – in some others he denies owning any property. For instance, in an interview, the popular social media personality said “If I owned property, it would have never lost me money.”

Tate spoke to Rob More in a recent podcast about his views on real estate that you can watch below.

Meanwhile, Tate reportedly owns a warehouse in Romania worth $700,000 which he converted into a full-fledged living space

Investment Philosophy

Andrew Tate has exhibited a bold and often speculative approach to investing, particularly evident in his substantial stakes in cryptocurrencies.

He claims to have made millions from high-risk investments, including a notable success in Bitcoin, which he suggests multiplied his initial investment manifold.

Tate’s investment strategies are marked by a high tolerance for risk and a focus on cutting-edge or non-traditional assets. This approach, while potentially highly rewarding, also positions him in volatile markets that could influence his net worth significantly over time.

What to Learn (Or Not to Learn) from Andrew Tate

There are life lessons to be derived from almost all millionaires and Tate is no exception, though more can be learned from his faults than his successes.

Tate is an example of perseverance, determination, and a never-say-die attitude which helped him become one of the most famous (or infamous) social media personalities. He is also an exceptional marketer who shows the dangerous power of pyramid schemes.

He has been able to build a larger-than-life image for himself and has created an aura around him which is something his fans like him for. Tate built a personal brand for himself and then used it to grow his multiple businesses.

Tate’s success certainly shows the value of some of his skills, talents, and his hard work but perhaps the most important lessons to be learned come from his faults. He has said many, many reprehensible things to try to put down other people and even calls himself a misogynist.

Even worse, he was able to imprint his beliefs into the minds of many impressionable young people.

Finally, his recent drop-off in fame and success is a great lesson for everyone. It seemed for a while that his horrible deeds would go unpunished and that he would continue to flourish.

However, following his arrest and horrendous allegations relating to human trafficking, rape, and more, his fame, success, and follower base completely fell apart. His wrongdoings finally came back around to bite him and will continue to do so for a long time, showing that being hateful and hurtful is never the right decision.