The Tate brothers are known worldwide for their extravagant lifestyle and for spending lavishly the money they got from different ventures. Tristan Tate and his brother, Andrew Tate have been in the news in recent times for not-so-good reasons although they deny all the accusations leveled against them.
Interestingly, Tristan started off humbly, before he later found his way into kickboxing following in his older brother’s footsteps. He eventually switched to real estate and now has many businesses to his name.
Tristan is worth over $100 million as of 2023 and ensures to splurge a great amount on luxuries. Let us see how he came about these riches and what he does with them.
Tristan Tate’s Net Worth is over $100 Million
Tristan Tate’s net worth isn’t quite stable but it is known that he has about $100 to $170 million. Some more reports suggest that he makes about $10 million annually and this contributes to why he has such a high net worth.
His older brother, Andrew Tate, on the other hand, has a net worth of $900 million according to Forbes. Tristan even argues that his worth is more than just $100 million and could be up to $400 million.
It is important to note that Tristan is a former athlete who aimed to be a successful professional kickboxer. He then switched to working as a TV personality before starting up several businesses which earned him more money.
He was born in the United Kingdom and as already stated, has a close older brother named Andrew Tate with whom he started the majority of his businesses.
Tristan and his brother moved to Romania and from there, they started up most of their ventures.
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He Made His Money from Many Businesses
Calling my followers “wannabes” isn’t an insult.
I was once a wannabe kick-boxer, a wannabe businessman and a wannabe millionaire.
I was also a “trying-to-be” … and look at me now.
It’s all about the mindset.
You’re a wannabe? Good for you.
Go get it young kings. pic.twitter.com/J03b4MSD6w
— Tristan Tate (@TateTheTalisman) April 10, 2023
The beginning of the journey to Tate’s wealth was back when he ventured into kickboxing. Prior, he worked as a construction laborer where he was able to save money and then delved into real estate.
It was from his interest-turned-business of flipping houses and investments in fixer-uppers that he made his first million. From there, Tristan’s wealth began to grow exponentially.
However, there have been other ways through which he has made more money over the years.
Here are some:
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Webcam Business
One of the Tate brothers’ publicized businesses is their webcam business. They launched a webcam studio where they involved 75 models clothed in just lingerie.
This business fetched the brothers a lot of money raking in millions to their accounts.
However, Tristan and Andrew later confessed to using this business to scam a lot of people including the models. They told fake stories to get people to patronize them and also took 40% of the model’s cut.
However, these brothers were not penalized for this crime because they had certain terms and conditions that worked in their favor.
Because they cited that their broadcasts were merely for entertainment purposes, the Tristan brothers went untouched.
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Crypto
From running a webcam business, Tristan Tate enlarged his entrepreneurial capabilities to involve crypto.
He started off buying bitcoins for $3,000 and also invested in Solana (SOL) which he bought at $9.
He even owns his own hardware wallet which has a lot of bitcoins for him and just a few for his brother.
Andrew is also a crypto enthusiast and even has his own mastermind group known as The War Room.
Both brothers have invested heavily in cryptocurrencies in recent times and it is no news that this venture proves to be one of the fastest-growing means to make wealth.
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The Hustler’s University
The Hustler’s University, just like the name sounds, is an academic institution for people whose aim is to make money.
The Talisman (as he is fondly called) and his older brother started this web institution in order to train people on entrepreneurial success.
This Hustler’s University costs about 40 pounds for a subscription and has raked in quite a lot of money for Tristan and his brother.
The University is one of the many websites through which Tristan has made money.
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Car Rental
Tristan has Tate Cars alongside his brother. This business venture is a car rental business. In addition to this, they also have chains of salons and restaurants. The car rental service, over the years, made the brothers about $7 million yearly.
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Casino
This particular venture is one Andrew Tate has had an eye on for a very long time. As business partners, when Andrew struck his first deal to be part of the Casino industry, he included his brother.
Together, they run successful casinos and make loads of money from this.
Tristan Tate has Invested in the Following Businesses
For many successful businessmen and women, reinvesting money and wealth is the topmost way to make more money or at least remain rich.
This business ideology, Tristan Tate knows and so has put into practice. He and his brother have reinvested a bulk of their millions into several other investments. Some of these investments have also made him money and repurposed as a means to make more money.
Here are a few of them:
- Real Estate – As much as the Tristan brothers have made a lot of money from real estate, they also reinvest in real estate. This was the business that made them rich in the first place, anyway. Given this, the Tate brothers realized at an early age, how illustrious this business is. One of The Talisman’s real estate ventures includes a villa in Bali, a mansion in Los Angeles, and many other household properties in the U.K. and Romania. In Just real estate, Tristan has made up to $100 million.
- Stocks – Tristan Tate also invests in stocks. He has bought shares in companies such as Facebook, Tesla, and Amazon.
- Crypto – Tristan Tate, just like his brother, Andrew, has many investments in Crypto. As already discussed earlier, he has bitcoins, SOL, and other cryptocurrencies that make him wealthier than people imagine.
Tristan Tate Splurges on Luxuries
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What is over $100 million without all the fine things in life? Tristan Tate enjoys luxuries and doesn’t flinch when it comes to splurging on himself. In a tweet, the millionaire revealed that his interests are majorly in cars and wristwatches.
In that light, some of Tristan’s luxuries include his fleet of cars and wristwatches. From research, he has the following cars;
- A 2021 Rolls-Royce Wraith which costs $395,500
- McLaren 765LT which costs $382,500
- Ferrari 812 Superfast that costs about $335,000
- Aston Martin Vanquish S Ultimate which costs $257,000
- BMW M5 Competition costing about $115,500
- He also owns a Bugatti Chiron Pur Sport
For his watch collection, Tristan has the following;
- A $150,000 Audemars Piguet Royal Oak Chronograph
- A Patek Philippe Nautilus Chronograph which cost $140,000
- A $8,000 worth Cartier Santos WSSA0030
- Cartier Santos Skeleton which costs $25,000
- Rolex GMT Master II which costs $50,000
- A $5,000 worth Breitling Super Ocean Heritage II
Perusing through his social media platforms, you’ll actually see Tristan pose with these watches and often in front of his cars.
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Tristan Tate was Arrested and Jailed
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In December 2022, Tristan was arrested and on April 25, he was charged. His charge this time was for inciting violence towards others. Prior, the businessman had been charged with human trafficking.
Andrew Tate, Tristan Tate’s brother, was also arrested and charged with rape. This happened after a woman accused Andrew of raping her in his hotel room. The woman explained that she and Andrew met on a dating app.
Since April 2023, Tristan and Andrew Tate have been under house arrest for the aforementioned crimes as well as for forming an organized crime group.
Tristan and his brother have denied all claims but the Romanian authorities insist that the brothers remain in the country till all investigations are done.
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