How rich is Fabian Thylmann?
Fabian Thylmann net worth:
Fabian Thylmann information
Fabian Thylmann information
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Fabian Thylmann Net Worth, Biography, Wiki 2017-2016
Fabian Thylmann was born on 5 June 1978, in Aachen, Germany, and is a businessman, perhaps best known to be the former managing partner of the adult website conglomerate Manwin. He sold his stake in the company, now named MindGeek, in October 2013. All of his efforts have helped put his net worth to where it is today.
How rich is Fabian Thylmann? As of late-2016, sources inform us of a net worth that is at $200 million, mostly earned through the success of Manwin. He currently acts as an angel investor for various startups in Brussels, Belgium; some of his acquisitions include SN-Cube and Frontback. As he continues his endeavors it is expected that his wealth will increase.
Fabian Thylmann Net Worth $200 million
At the age of 17, Fabian started learning computer programing. His breakthrough came sometime in the 1990s when he developed the software called Next-generation Affiliate Tracking Software or NATS, which enabled website operators to track clicks on advertisements for commission-based payment. Thanks to the money he earned with NATS, Fabian then started buying various companies in the adult industry, before establishing Manwin.
MindGeek (formerly Manwin), is a company focused on advertising, media, and content. The company has headquarters in Luxembourg with various offices around the world. MindGeek is best known for its operations which focus a lot on internet pornography, but they have also recently expanded to other properties such as celebrities and comedy sites. Fabian started the company by buying the Privat Amateure website, and then expanded by buying Xtube, MyDirtyHobby, and Webcams between 2006 and 2010. During this time, he established Manwin and registered it as a domain name, and continued adding to Manwin by purchasing the assets of Interhub and Mansef, and others he bought included Pornhub and Brazzers. Mindgeek is considered the largest adult entertainment operator in the world and has one of the top bandwidth consumptions in the world. The three highest ranking and most popular websites they have include Pornhub, RedTube, and YouPorn. Pornhub has over 1 billion visitors per month and 50 million daily visitors. Redtube generates 90 million visits per month while YouPorn generates 80 million visits per month.
Aside from these websites, MindGeek also owns several pornographic movie studios such as Brazzers, Reality Kings, and Digital Playground. They were also previously partnered with Playboy. All the above mentioned enterprises have helped add to Fabian’s net worth.
After holding the position of managing partner at Manwin for many years, he then decided to step down from the company in 2013, and sold it for 73 million euro; the reason for the sale of the company is unknown. He did release a letter stating that he could no longer add any significant value to the company, so he was stepping down.
For his personal life, it is known that Fabian is married and has two children, but keeps his family life private. In 2012, he was extradited to Germany on suspicion of tax evasion, though he denied allegations. In 2015, he was indicted on tax evasion charges. Later in the year, he appeared during the Oxford Union debate.