Also known as the “Top G,” Andrew Tate is a successful businessman, crypto investor, public speaker, and former professional kickboxer with a net worth of $700m. Andrew’s journey to financial buoyancy and fame is controversial, especially with recent alleged illegal acts pointing to him. Nonetheless, Forbes considered him one of the richest social media personalities in 2023, and his net worth is proof of that.
Let’s take a tour of Andrew’s assets, businesses, and career paths, which took him from his humble beginnings to being among the richest in his age group globally. In this article, we will reveal the most exclusive details of Andrew Tate’s net worth, cars, houses, assets, and other possessions.
Who is Andrew Tate?
Emory Andrew Tate (@Cobratate) was born on December 1, 1986, in Washington, DC, United States. Andrew has a brother, Tristan Tate, who soon became co-suspect along with Andrew on charges of rape, and human trafficking, among others. His father, Emory Andrew Tate Jr, who was an international chess master, divorced his mother but remained in close contact with both brothers, though they were raised by their mother in England.
Andrew Tate knew he had to fend for himself right after his parent’s divorce, so he began his journey to financial freedom at a young age. By 2005, Andrew had learned martial arts and started practicing boxing before becoming a pro kickboxer in the same year. Andrew Tate also worked in the television advertising industry during his time as a martial arts specialist and amassed some self-sustaining income through it.
Andrew Tate was successful in his kickboxing career, becoming the second-highest-rated athlete by 2012. He fought under the name “King Cobra” and retired from kickboxing in 2016 with 78 wins and 9 losses in his entire career.
Years flew by, and Andrew Tate became a center of attraction for both his widespread fans and numerous detractors claiming his involvement in illegal activities. These claims, however, would not prevent the American millionaire from making his cool dollar bills every week. We’ll learn the nature, cause, and consequences of these claims in the subsequent sections, but first, let’s get a view of what Andrew Tate’s net worth is.
What is Andrew Tate’s Net Worth?
Andrew has been assigned different net worths by several websites. While some claim Andrew Tate’s net worth is as low as $12 million, others are convinced that the former kickboxer has about $900 million at his disposal. However, Andrew Tate’s net worth is estimated to be $700 million.
This is a reflection of his numerous profit sources, such as his webcam business, “Hustler’s University,” YouTube channels, participation in the Big Brother UK reality show, kickboxing career, crypto investments, luxurious assets, and many more. The former professional kickboxer also earns close to $70 million per year.
Hustler’s University
Hustler’s University (now called The Real World) is an online coaching platform hosted by Andrew Tate and several other coaches. The goal of this platform is to teach users how to make money online and “break away from the matrix.” Andrew Tate and his fellow instructors on this website provide content (lectures) around crypto trading, e-commerce, and drop shipping.
This idea became a huge success as it pooled hundreds of thousands of users to subscribe and benefit from the lectures. Andrew Tate charged users $50/month, and with over 160,000 subscribers, he earns about $8 million every month. Andrew Tate’s net worth gained more weight due to its success, and the American has earned about $170 million in total from Hustler’s University.
Webcam Business
Andrew Tate and Tristan started a webcam business, starting over 100 women—some of them being their past and present girlfriends. The adult webcam business, at its peak, had over a million paid subscribers. Reportedly, the Andrew brothers each earned approximately $25 million from this business before higher authorities shut it down in 2018. Andrew’s webcam business greatly contributed to his $700 million net worth.
Casino
The casino business is another of Andrew Tate’s business ventures that is clouded by mystery and controversies. Speaking of how the business came to life, Andrew claims he met a Romanian mafia family that owns hundreds of casinos. He suggested they build new casinos with modern, electronic games only. He also included that the mafia family would earn a certain percentage from each casino, and they agreed to his terms.
Currently, Andrew and his brother operate 15 casinos that generate about $1 million per month. However, these and many other businesses were seized by authorities following his arrest by Romanian authorities for allegedly being involved in crime.
Cryptocurrency Investments
Shortly after retiring from pro kickboxing in 2015, Andrew Tate started investing in crypto assets, particularly Bitcoin and Ethereum. On numerous occasions, the American-British businessman has mentioned his involvement and passion for crypto trading, advising others to follow the trend.
Urging other investors following the downturn of crypto in 2022, he said: “Now is when you need to be panicking for money, not when crypto was spiking and everyone was talking about it and every dummy was making money…”. Finally, he added that investors should purchase as much BTC as possible to “retire from life in 3 years“.
Crypto is a crucial source of Andrew’s wealth, pooling millions of dollars to his total net worth. It is important to note that Andrew also has his non-fungible token (NFT) called Top G Exclusive.
Why Was Andrew Tate Arrested?
As I mentioned earlier, Andrew Tate is a victim of scrutiny, controversy, and debate over the legality of his wealth and actions, particularly in his post-boxing career. Andrew Tate’s net worth is a combination of the profits he made from his numerous ventures, and some link him to other illegal activities, including human trafficking.
In August 2022, most of Andrew Tate’s social media was restricted due to numerous breaches in the terms of service. Andrew Tate posted a lot about women, and most of his posts were seen as demeaning of the female gender, promoting violence and adult-rated content. His TikTok, Instagram, Facebook, YouTube, and Twitter Accounts were banned for these charges until Elon Musk took over Twitter in late 2022.
Later that year, in December, Andrew and Tristan Tate were arrested by Romania’s anti-crime organization, the Directorate for Investigating Organized Crime and Terrorism (DIICOT). They charged the brothers for being part of an organized crime group, human trafficking, and rape. They also seized most of his assets and businesses during their investigations.
Andrew appealed in January 2023 but lost and was placed on house arrest along with his brother. He filed another appeal in August and won this time, and is currently awaiting trial in Romania.
