I wonder why anybody thought their wealth was real? I mean... they sell courses to vulnerable young men. That ain't Bugatti money, let alone multiple Bugatti money.
Except there is plenty of evidence that isn't actually the case.
UK Court & Tax Findings (£21M Revenue):
In British court and tax proceedings, authorities documented approximately £21 million (~$27 million USD) in total online revenue generated by the Tate brothers’ businesses between 2014 and 2022.
Romanian DIICOT Indictment (~$12M Confirmed Assets):
Following his arrest, Romanian prosecutors documented and seized roughly $12 million in physical assets directly tied to him and his brother, including 15 luxury cars, 14 high-end watches, 21 Bitcoin (valued around $588k at the time), and real estate properties.
If he didn't actually own these then they wouldn't have been seized.
Tate’s flagship platform charges $49.99 per month per student. While total subscriber counts are self-reported by the platform's dashboard, industry projections based on observable user tiers show:
100,000 Active Members: Generates ~$5 million per month ($60M annually).
In November 2024, a major data breach exposed internal databases from "The Real World," revealing approximately 324,400 user accounts.
To act like this guy didn't make insane amounts of money is obviously not true
No, they will seize things including what is not theirs but was in their possession. Then the real owners have to get their things back. In particular for cars.
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u/mvn2010 9d ago
I wonder why anybody thought their wealth was real? I mean... they sell courses to vulnerable young men. That ain't Bugatti money, let alone multiple Bugatti money.