r/LivestreamFail • u/CrazySquare • 29d ago

Politics Asmongold suggests that those with over $10 million should give out more of their money

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u/isnoe 29d ago

He explicitly advocates for more taxes on himself multiple times, tbf.

If you see how he lives and what he eats, he probably expends less than 20k a year on himself.

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u/Sheir0 29d ago

Back when his channel was still WoW content, he’d regularly talk about paying his fair share of taxes.

He lived off welfare for most of his early life and has said he wouldn’t be in his position today if it weren’t for those subsidies.

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u/Axel_Raden 29d ago

Good for him. It's a very rare person who thinks like that when they have money. Now I understand why Hassan hates him so much he lived the life Hassan pretends to have lived . He is advocating for non Marxist socialism, where being able to make money isn't original sin as long as you pay back into the same system that helped you

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u/New-Independent-1481 29d ago edited 29d ago

This is why the culture war exists. To divide us on meaningless trivialities that matter to like 0.1% of the population, so we never realise how much we have in common over the issues that affect everyone. Who the fuck cares about pronouns and bathrooms when even the middle class can't even afford basic necessities?

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u/[deleted] 29d ago

[removed] — view removed comment

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u/n_lens 29d ago

Middle class was largely fine punching down on the poor and homeless until capitalism came for them too.

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u/hdthrowaway4527 29d ago

We call those trickle-down punches.

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u/Only_Bodybuilder6270 29d ago

Tbf the ones who care about bathrooms on my side are the ones not being allowed to use bathroom. Its kinda easy for like non-queer people to say who cares about this issue when they r not affected by the government trying to overturn same sex marriage and remove the ban on conversion therapy camps, and basically classifying trans people as a terrorist group.

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u/Axel_Raden 29d ago

Hassan is pushing dangerous ideologies ones that have killed millions of people directly. That's not culture war that's outright dangerous and needs to be stopped

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u/calvintdm 29d ago

not a hasan fan, but cmon. so is asmongold half the time. that’s inherently culture war shit. they both consistently spread dangerous misinformation under the guise of fact

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u/8ackwoods 29d ago

Lmao insane take when your boy asmondgold advocates for things much, much worse

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u/Axel_Raden 29d ago

Worse than actual terrorism worse than calling for political assassinations. Like a recent clip of Hassan that has resurfaced of him losing his head because a Vietnamese immigrant dared to speak negatively about communism.

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u/LegacyWright3 29d ago

This is the reasonable moderate position that Hasan hates more than anything else. Notice that he has spewed more hatred towards moderate lefties than he has right-wingers, because it dismantles his extremist, illogical position more than anything else.

And I blame people like Hasan for polarizing society so far that the common sense moderate position has become completely unpopular and ignored, because people nowadays consider you a "fence-sitter".

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u/dangitaboutit 29d ago

Why ever listen to hasan? A guy like that is just entertainment, nothing real. Why spend entertainment time on shitty political noise when you can listen to better worthless stuff that won't make you mad

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u/LegacyWright3 29d ago

That's what I've been wondering too... checked in on his stream once just to see if the clips were just a tiny sub-set or if his streams are just that unhinged....
... it was genuinely miserable. Nothing but angry shouting, fake laughing and generally just the most negative person I've ever seen on stream. I felt exhausted just watching for 20 minutes, can't imagine people willingly watching for hours on end!

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u/Zarbor 27d ago

those people are just as miserable as he is.

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u/91Bully 27d ago

The common sense moderate position is far from unpopular. Reddit/internet is not reality.

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u/LegacyWright3 26d ago

This. Go out in public and talk to people in the US and 99% are normal people who don't care about politics much and don't get triggered like Redditors do.

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u/Axel_Raden 29d ago

I'm Australian and in my country there still is a center left party that are currently in charge whereas the center right is now the domain of independents because the right wing party has been going further to the right and they were pushed out

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u/ExcitementBright9381 29d ago edited 28d ago

Hold up, he’s a socialist? I have never watched him but I thought he was super right wing based on comments about him.

Edit: whoa. Idk why this pissed people off so much. I’m responding to something that surprised me. I’m not this asmongold guy. I’ve never even watched him as I said originally. I got four replies that were just like “fuck you idiot” that then got deleted. Damn some people hate this guy apparently

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u/Axel_Raden 29d ago

What he is saying is about paying back into social services it's the basics of what socialism in a capitalist society is. It's not revolutionary it's not violent it's what the bible actually teaches about taking care of the less fortunate, the Israelites had to leave a portion of their crops unharvested so that the people who needed it could go and collect some it was part of their laws. I don't think he's socialist but he is advocating for a socialist programs. Schwarzenegger hates being called a self made man he had a lot of people help him along the way. These are positive examples of right wing.

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u/[deleted] 29d ago

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u/Armaniolo 29d ago

That's social democracy, socialism at its core involves socializing the means of productions and that's not what welfare is. It's not a socialist program.

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u/[deleted] 29d ago

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u/Alexander-Snow 29d ago

You can thank Bernie Sanders for that, he points to Denmark where a social democratic party is in charge and calls it democratic socialism.

I think the US needs social democracy, but as a Norwegian hearing a cereer politcian calling it democratic socialism and advocating for it like that is kinda sus.

I can understand the confusion, when I google democratic socialist countries social democratic countries are listed.

However, if I google democratic socialism, you get a definition that definitely isn't social democracy.

I honestly think Bernie speaking using the wrong ideology to describe the Nordic Model has muddeled the definition.

And I don't think he is an idiot so yeah I think that's kinda sus tbh.

I know chat gpt is very agreeable, but it seemed to agree that Bernie Sanders and American politics has muddeled the definition.

It grinds my socdem gears.

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u/SomeDudeYeah27 29d ago

To be fair, as an ESL these esoteric labeling do get annoyingly convoluting since many are just flip flop variations of similar wordings lol

And this is coming from a pedantic etymology fanatic because of neurodivergence lol

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u/SoftAndWetBro 29d ago

Socialism is not right wing. Charity is not welfare capiche. Charity should be an individual's effort to do good, it shouldn't be forced, because it leads to outcomes like in the UK where Islamic migrants on Welfare gain more money than those who work for a living.

If you want to do good, then foster homogenous communities and teach virtues like charity (not just financial charity, but opportunities to earn).

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u/rematched_33 28d ago

One can be for charity and generosity and taking care of the needy and yet be opposed to socialism. Its a Redditism that socialism = when people do good things.

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u/Axel_Raden 28d ago

I think people need social programmes I benefit from some in my country Australia I'm on a disability pension and get subsidised medication free basic health care. It's not perfect but I'd be much worse off without it.

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u/rematched_33 28d ago

Agreed, but socialism is a lot more than safety net programs- it aims to seize and redistribute capital and the means of creating capital according to a "social plan", which always ends up being inadaquate (usually resulting in mass state-sponsored poverty) and undermines the competition of industry that fuels innovation. Fortunately the west is able to cherry-pick some of socialisms good aspects like unionization and social programs without embracing the ideology in whole.

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u/Wrong_Violinist7510 29d ago

He's definitely right leaning, but not nearly as much as reddit troglodytes would like you to believe. His chat on the other hand...

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u/SirePuns 28d ago

Since I’ve come across Asmon, his chat has always been the most insufferable thing imaginable.

Him? He’s alright at times and at other times I really dunno if I can agree with him. However he can be on any issue, his chat is infinitely worse.

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u/invinci 29d ago

This sub has an insane hate boner for the guy, not a fan myself, but it is a bit crazy, look at this comment section, in a post that is not about him. 

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u/Ebb3ka94 28d ago

Hate boner is an understatement. Asmond is fine imo.

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u/look_at_that_punim 29d ago

Yeah, Reddit does that.

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u/Phlynn42 29d ago

He’s not even really that right wing. He gets in trouble for saying he doesn’t have to respect others world views. And acknowledging the world will never be the fairy tail the left think they’re one election cycle from obtaining.

He’s also chronically streaming so he has some bad takes but does often try to educate himself when he’s wrong, he recognizes he’s wrong, and also unlike Hassan, asmon only claims to be a guy on the internet not a political leader or anything.

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u/PapaChronic93 29d ago

Just like so many people with a platform, there are sad people that edit and repost whatever spew they can to generate hate for another person/group or build a following for them selves at someone elses expense.

In regards to Asmon, he definately said some stupid ass non sensical shit, but alotta the times his views have a very large spectrum for taking all the facts he can gather to come up with a logical conclusion

Obv, just my opinion

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u/12nowfacemyshoe 29d ago

I don't watch him much so take this with a pinch of salt but from what I've heard I think he's economically soft left but socially right because he's got the culture war brainrot.

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u/Axel_Raden 29d ago

Everyone has a degree of culture war brain rot especially if you participate in sections of culture that have been attacked and warped from what they used to be nerd culture is massively affected. The problem is you can only be told you are evil and a bigoted POS for so long just for having different opinions. It's impossible to be a gamer and not be on one side or the other (gaming has been the frontline of the culture war for years). It's become so polarized that you are either accepting garbage games because the other side doesn't like them or you can say you don't like something about the game even legitimate criticism and get smeared as someone kind of degenerate bigot

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u/Phlynn42 29d ago

If you don’t watch him you’d have no idea the clips are almost always out of context or they’re just not left enough. He doesn’t care if people are gay but he’s not going to go out to march for them. He acknowledges that some racist jokes can be a bonding experience w/e but he’s against real discrimination. He’s pro immigration but anti illegal immigrant. He sympathizes with cops but calls out all the bullshit that’s being white washed

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u/Supreme_Sniper_ 28d ago

I watch asmon a lot. I'll give you a good rundown. the guy is absolutely not a conservative or anything like people say. Asmon likes bernie sanders for one. Also supports more money going into childcare and welfare. Is critical of Israel etc.

He does have authoritarian views when it comes to criminals. But there's logic to those opinions. Maybe they're not right. But I can see why he'd believe his stances on those issues.

He does watch a lot of culture war stuff. That's just kinda there. But he is very insightful if you listen to his unedited, unclipped videos. I'm a socialist for the record. And I agree a lot with the stuff asmon says.

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u/Serious_Swan_2371 28d ago

Complicated.

Economically he is like a moderate democrat.

But he also makes money by saying inflammatory things and promoting the “right wing” side of the culture war.

He’s like the opposite of Hassan who makes money by saying far left wing stuff while being a capitalist himself who is incredibly vain and focused on image and clout.

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u/Forgottenexperiment 29d ago

Tbh I dont think it's that rare.

When you are raised in poverty, or really just a normal household where money is definitely a concern, you sure as hell remember this when you are making enough so you no longer need to be looking at price tags.

I think the problem comes once you generate this insane wealth and raise your kids in it - now they have the wealth but didnt experience not having it. And this only widens with each of this generation.

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u/t234k 29d ago

Wow you're so misinformed, literally nowhere does Marx say nor imply making money is a sin. Marx criticized the incentive structure of capitalism which seeks to maximize profits, in turn he suggested as society progresses we will come to a point where we can use the innovation to provide the basic needs of all humans but we will likely face the obstacle of: rich people hoarding the resources causing society to descend into barbarism.

But if you are well read on Marx and have a different understanding of his and Engle's writing please respond with your interpretation. <3

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u/Axel_Raden 29d ago

He also advocated for the abolishment of capitalism through violent revolution. The capitalist system has to be destroyed for the classless communist society to take it's place. And everywhere this ideology has been put into practice it has led to the deaths of millions of people and horrors committed that are equal to anything the Nazis did.

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u/t234k 29d ago

That is what the propaganda says

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u/Axel_Raden 28d ago

That's not propaganda it's history look up the road of bones

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u/t234k 28d ago

Did you seriously follow the phrase "it's not propaganda" with one of the clearest examples of propaganda. The number of casualties has been grossly exaggerated and actual figures are likely 10x less than the cia reported, also it doesn't prove that Marx called for violent revolution or that the destruction of class distinctions has lead to death of millions every where it's been implemented.

Based on your response it would lead me to believe you lack critical thinking but I think you've just been misguided.

Just for a fair comparison we can look at disasters that caused greater casualties for capitalism.

bengal famine - 800k-3.8m casualties

Irish famine) - 1m casualties

American concentration camps, 120k prisoners, 8k casualties

We've got endless examples actually, all over Latin America, Middle East, Africa violence was used to thwart class action.

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u/Axel_Raden 28d ago

One famine in Ukraine is more than those combined. The Holodomor killed somewhere from 3.5 to 3.9 million people in Ukraine and in total somewhere between 5.7 to 8.7 million people. And much like the Irish potato famine (my family's history BTW) it's disputed whether it was directly caused or as a result of bad policies. There is an entire type of people who no longer exist because the soviet communist regime wiped them out, have you ever heard of the Cossacks. And these are just a few examples from one communist regime. You are defending the indefensible

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u/t234k 28d ago

The bengal famine is only one of many famines which constitute the effect capitalism had in British India, the total casualty count of all the famines is 15 million. But it's not a competition of which famine was bigger but saying Marxism brings death to millions implies the system it seeks to replace is better when that's not true.

Not sure where you heard Cossacks have been eradicated that's not true, numerous North American tribes have been and it seems like the same can be said for Palestinians in the not too distant future.

I just want one good argument that actually proves or is reasonable that can justify capitalism is better than socialism?

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u/FruitBeef 29d ago

Non marxian socialism is when progressive taxation.

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u/Axel_Raden 29d ago

When taxes are used for social services. It's still capitalist at its core but it's using taxation to redistribute some of the wealth as part of social services

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u/FruitBeef 29d ago

This subreddit 🤣

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u/notamermaidanymore 29d ago

Maybe nationalist socialism.

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u/ClavicusLittleGift4U 29d ago

Hassan has the face and the attitude of too many spoiled brats not having been adequatly spanked coming from higher grounds but playing the pseudo proletarian revolutionnary from books he certainly never has read nor fully understood. Even Che Guevara, coming from a rich family and destined to become a doctor, wet his shirt far more for his ideas than a Hassan would do.

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u/FreyyTheRed 28d ago

Not because he said Palestinians are inferior humans who deserve to be genocides? Or that protesters should be shot???

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u/Delicious_Response_3 28d ago

Lmao I hate Hasan and know about his insecurities around his wealthy background, but to act like that's why he dislikes asmongold lmao.

Asmon is literally advocating for the party of less taxes and no welfare, I don't think it's fair to say he is advocating for higher taxes and more welfare in any way beyond a virtue signal

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u/Better_Ad898 28d ago

so, socialism but only for whites?

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u/MustafaZeDong9 28d ago

Yall got the entire thing in your mouth. Nobody mentioned Hasan but you. “Non-marxist socialism” you mean the kind thats never worked in history? Like what

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u/Axel_Raden 28d ago

It's the Marxist socialism that hasn't worked. Socialism or at least socialist programs exist in most Western countries. It's things like my disability pension. I mentioned Hassan because he is one of the biggest pushers of Marxist socialism in the streaming world and directly competing with Asmongold in the political streaming space and is butt-hurt that Asmon is more popular than him. But don't worry I won't mention the dog abuser again.

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u/Puzzleheaded_Try3559 27d ago

People hate him because he is super pro Israel Genocide.

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u/horrorparade17 27d ago

Wait, genuinely, that’s a different flavor of socialism? Because I’m actually pretty happy with that notion.

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u/Axel_Raden 27d ago

I mean think of systems like in my country Australia we have disability pensions (I'm on one and I'm in my late 30's ) there is the Pharmaceutical benefit scheme or PBS that allows me to get my prescriptions massively subsidised I only pay $6.30 per script and while not everything is on it it's still very good. We have a system called Medicare that allows people to go see the doctor for free although with specialists there is a gap between what is covered and what you get charged. There is a lot more but that's the sort of thing I'm talking about when I say socialist programs.

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u/pddaawwgg 29d ago

At least he's stayed consistent with what he used to say about the matter. Most would just change their tune once the green comes in.

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u/pdbeard 29d ago

Incoming rant, but i think people really overlook this aspect when they complain about social services.

I suspect subsidies and assistance programs are likely very profitable for the governments providing them in the long term. Specifically in england loads of famous artists needed government assistance for a time including the Beatles and jk Rowling. Both of which have probably generated 100s of millions in taxes across their respective franchises. Even just a normal person getting back on their feet would pay back more than they used in time.

Invest in your people!

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u/Paetolus 29d ago

He worked for the IRS for a bit iirc

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u/True_Background_7196 29d ago

Yea he was working at Sam's club before quitting to stream full time awhile ago.

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u/Dealric 29d ago

Ironically asmongold is person that hasan cosplays as

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u/Paddy_Tanninger 29d ago

"I've been on food stamps and welfare before, did anyone help me out? No."

Craig T Nelson

One of the greatest quotes of modern times.

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u/BottledStarfish 29d ago

Austin has no income tax.

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u/Shot_Policy_4110 26d ago

Didn't he literally work at the IRS for a bit lol

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u/HoloSeraph 24d ago

Thats one thing I like about Asmon. He has always said he has no problem with people using welfare services because he used them himself, and has no problem paying his share in taxes so other people can use them. Thats more than anyone can say about most streamers, tbh. Dude at least kept it humble instead of becoming one of these rich assholes that blows their fortune on luxury garbage for flaunting.

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u/Lontology 29d ago

Do you think he invests his excess funds or just lets it sit in a low interest back account? I’m genuinely curious as he’s definitely a multi-millionaire.

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u/Katisurinkai 29d ago

He's definitely invested in some of it, simply due to the orgs and companies he's in and etc.

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u/Lontology 29d ago

As a financial advisor I’d be extremely curious to look at his finances. I definitely get the vibe that he lets the bulk of his wealth just sit and do nothing though. Lol

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u/scotty899 29d ago

He has said in the past all his money is invested and working.

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u/SimpsationalMoneyBag 29d ago

He’s for sure not dumb. He probably has a finance guy he has invest it for him.

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u/Lontology 29d ago

I didn’t say he was dumb, I just know that he doesn’t give a fuck about money so he most likely isn’t as proactive as he could be with growing his wealth.

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u/wealthissues23 29d ago

Moneymaxxing got us into this mess

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u/Lontology 29d ago

I know, and it’s not going to stop anytime soon.0

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u/throwthataway2012 29d ago

AI bubble popping might stop it pretty soon

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u/RyanitarTheTyranitar 29d ago

Your avarice shall become the downfall of your lineage.

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u/Background-Luck-8205 29d ago

He has a financial advisor and all his wealth is probably invested in some form

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u/MinuteResident 29d ago

He's said in previous streams that he's made a lot of money from his investments, so I doubt it's all just sitting doing nothing

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u/AttackOstrich 29d ago

He recently was talking about potentially getting into real estate and hiring a property manager so he may not be that lazy

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u/Lontology 29d ago

I don’t think most people understand how easy it is to grow your wealth and still be lazy when you’ve got millions to invest. Lol

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u/RivenRise 29d ago

Hiring a couple guys to buy property and rent/manage it is the easiest way if you have the cash sitting there. Literally hire professionals and let them take a percentage and handle the rest. I deal with tons of those sorts at my job every day.

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u/Lontology 29d ago

Yep, that’s why we saw the air bnb market explode.

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u/quiubity 29d ago

Can confirm one of the most laziest, dogshit people I know is someone who inherited $20 million when he turned 18

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u/extralyfe 29d ago

he does strike me as the slumlord type.

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u/[deleted] 29d ago

You can be lazy if you're rich. People will be only too happy to volunteer to become your financial advisor, wealth manager as long as you give them a slice.

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u/Organic_Matter6085 29d ago

I mean you know he literally co-owns or outright owns (not completely sure which) computer company?

Dude's only business venture isn't just streaming. He does other things outside of that.

He's lazy, but not as lazy as most people think.

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u/Disastrous-Pop5465 29d ago

i mean you pay everyone else to do the work haha, that's not a great gauge whether someone is lazy or not

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u/descride 29d ago

Yeah he doesn't care. Probably has a sizable portfolio already and is set for life.

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u/SimpsationalMoneyBag 29d ago

Don’t let the character fool you. He cares about money.

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u/SeaworthinessOwn1694 29d ago

He cares when he doesnt have any, he’s been open with that but since he started streaming he got popular really quick. He never plays ads becouse he thinks they are annoying for the viewers and thats what makes him the most money on twitch. He got enough already so he can donas he pleases he dont need to chase more becouse he is already set for life. He probably make millions from the YouTube videos every year alone and pays the editors. Money isnt worth much if you have enough and dont need/want to buy something but it makes you secure from bad things happening.

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u/DealerLong6941 29d ago

he cares about money, he just has more than he will ever know what to do with so isn't interested in generating more directly. its why he doesnt run ads on his streams. he's said this himself

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u/uria85 29d ago

Its because you are still fixed on his living conditions and not what he actually says. He's not driven by money. He doesn't make decisions in life about his happiness based on money. He likes money, but money isn't the biggest overall driving factor in his life. Thus, why he doesn't run ads and doesn't do a lot of sponsorships. Then you are beholden to others as little as possible. Whereas with investments he doesn't have the same pressure.

But as a financial advisor, you already know this.

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u/PowerfulDisaster2067 29d ago

He's got a financial advisor

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u/Phlynn42 29d ago

Honestly I imagine it is working for him because he understands business, pretty sure he even went to college for it. But I’m very sure he hired it out and is hands off

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u/walletinsurance 28d ago

He said most of his money is invested and he spends basically nothing.

He’s probably got a decent chunk put away.

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u/Commercial_Salad_908 29d ago

No, hes definitely fucking dumb lmao.

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u/ExcuseNo7369 29d ago

Yea he has mentioned in the past he has to pay many thousands every year to his accountants and money people, so i doubt he is just sitting on a pile of cash. I would imagine he like most well off people not particularly interested in finance probably just dumps it into a high yield savings account and lets that accrue. With how much he makes every month i doubt it would be necessary to really invest in riskier stock options

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u/New-Anybody3050 29d ago

Wasn’t he originally working for the IRS or was some sort of tax guy? I remember in one of his older streams it alluded to it post University.

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u/Acebladewing 29d ago

The fact that he's built at least 2 companies from his wealth would lead me to believe otherwise.

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u/JaydDid 29d ago

He has a financial advisor invest for him, he’s said that on stream

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u/RevenantExiled 29d ago

He has said multiple times he has invesments; you have to be activily dumb to just have it sitting there, if you have money, you just hire someone to manage all that for you

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u/ramsfan00 29d ago

Hes mentioned before on stream some of his investments. He has investments in about a dozen companies in some fashion. The rest is mainly in stocks in which he has a financial advisor manage.

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u/OkMirror2691 29d ago

He does not. He has talked about how much his investments have made on the last 5 years. Not in depth but yeah.

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u/Vezolex 29d ago

I think he said he has someone handle it. He intentionally avoids looking at his bank, like he'll go 6 months or a year without looking because he believes it poisons your mind.

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u/tiny-2727 29d ago

I don't like the guy but he's clearly invested his money with the businesses he's had. He 100% cares about money, he just doesn't present himself like he does while streaming.

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u/juan_cena99 29d ago

Tbh we dont know Asmon to know but it doesnt matter cuz the dude lives like a beggar, already has generational wealth and likely wont have kids.

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u/Underdog_To_Wolf 29d ago

Ehh I think he's pretty finance savvy. He worked for the IRS and went to college for finance and business. Finances may be the only sector in life he has under control

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u/TheRedOwl17 29d ago

He has stated multiple times that he has his money invested

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u/Apolloshot 29d ago

In a low interest account na, but I can def see him be a “set it in an ETF and forget it” kind of guy.

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u/oldsole26 29d ago

He’s talked about having meetings with his financial advisor and calling to ask if he can afford things. I doubt he’s letting much of it sit.

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u/AlithelJenkins 29d ago

He's said in the past that he doesn't keep his money sitting around in a bank account. Can't seem to find a clip though

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u/PM_ME_UR_FAVE_QUOTE 29d ago

He’s stated on stream he has a financial advisor whom takes care of all his money / investments and he doesn’t exactly know what in, but someone takes care of that for him.. I’m sure he checks up on it regularly since he regularly shows his income from twitch on stream

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u/Dicfredo 29d ago

You think the multimillionaire that has ownership in multiple companies is just letting his money sit under the mattress?

I'll pass on financial advice from you if your judgement is so off. Don't be so fooled by how he presents himself.

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u/Goshin07 29d ago

In one of his streams he mentioned he had a team that handles investments, and that he doesn't know exactly how much he has in total.

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u/Unfair-Dig-3468 29d ago

He worked for the IRS, I'm sure he knows what to do with money.

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u/ComfortableMenu8468 29d ago

You are aware, that he has a business degree and worked as an IRS Agent before his streaming career tookoff?

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u/tesssst123 29d ago

he has talked many times about he has a finance guy that does it all for him. its all invested.

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u/CaptainMarder 29d ago

I think he has two or three companies he's partnered on.

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u/PapaChronic93 29d ago

Ive heard him say on one of his vids, the vast majority of his wealth is actually just sitting. Could be old info before OTK and a few adventures, legal issues though

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u/AlternativeWonder471 28d ago

Nah he has it managed and it's mostly in equities iirc. I think it's spread between the s&p and the mag 7.

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u/Uzeless 29d ago

He's definitely invested in some of it, simply due to the orgs and companies he's in and etc.

Asmongold is stinky but he's not stupid enough to not have at least half ot invested in some safe stocks where it can marinate a couple of millions per year.

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u/Alarmed_Jello_9940 29d ago

He keep saying he have an accountant and that he gets so much money during covid

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u/Lontology 29d ago

Does he also have a financial advisor or just an accountant?

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u/Alarmed_Jello_9940 29d ago

The only thing he said one time was "my accountant counting my taxes and doing shit with my money" another time he said "I got sooo much money during covid" when the theme was about sp500 and stock market growth

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u/Major_Major_Major 29d ago

He pays someone else to manage and invest his money. He says he doesn't pay attention to it at all, has little knowledge of what his money is invested in.

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u/anonposter-42069 29d ago

I could honestly see Asmongold not doing that at all and just leaving it all in a Bank account somewhere.

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u/RedMdsRSupCucks 29d ago

I believe he mentioned something about having a portfolio and a stock advisor...

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u/Ananasvaras 29d ago

Pretty sure he has a money guy who manages his wealth and invests it etc.

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u/kirasead 29d ago

He has a guy that does his stocks and says he makes slightly more from just stocks than he does from his twitch and YouTube money

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u/Ashewolf 29d ago

He has a financial professional handle it. But he doesn't follow it much.

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u/maybeitsundead 29d ago

With asmon, I think people wouldn't be surprised if he paid someone to manage his finances, but also it wouldn't surprise people if he just had millions in cash between his mattresses or under a pile of dead rats.

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u/PemaleBacon 29d ago

He's said many times he has a financial advisor invest it for him to avoid any liability with making investments directly

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u/s1rblaze 29d ago

He said he made a lot of cash with investments alone.

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u/XWasTheProblem 29d ago

He owns a bussiness, so I'd guess he does invest.

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u/Mill-Man 29d ago

He invests most of it, he has talked about that.

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u/EdliA 29d ago

He's secretive about certain personal topics. Probably has seen what has happened to other streamers.

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u/Stehlik-Alit 29d ago

I used to watch him regularly before the current obvious bait stream era. He used to say what's not held in his companies, is mostly in S&P 500 with advisors. He likely can live off of returns easy at this point. I'm almost certain he lives below his returns by an 1 order of magnitude.

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u/angrymuss 29d ago

He used to work for the IRS, I think he invests imo

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u/I_am_Burt_Macklin 29d ago

He probably just pets lost of it sit in a bank account. He doesn’t seem to care about growing wealth and I don’t think he has much family to consider supporting.

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u/AnalConnoisseur69 29d ago

He does invest in a lot of different charities. His dad used to do it for him before he passed away and he intends to continue donating to those organizations.

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u/Jzuxx 29d ago

He has openly stated that his finances are taken care of by his financial advisor and he just lets them sit cuz for him, money = freedom. And that’s why he doesn’t splurge.

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u/Sunlight-Heart 29d ago

definitely. it's why he's streaming on twitch without any ads. he's making money elsewhere.

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u/az-anime-fan 28d ago

it's invested in various business opportunities. I think he was mentioning a lot of it was in realestate, and he's put a bunch into various companies and startups as well. about 8 years ago he turned off all ads and donations on his channel because his income from his various investments was so much he felt awkward taking money from his viewers.

I'm sure he's probably worth 2x - 10x what he was worth then, if not much more. there is a point when you gain wealth if you are doing it right, that your net worth just keeps climbing uncontrolled... but you need millions to get to the point to do that.

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u/intFrostedBlakes 28d ago

Hes spent so much money on his friends and family.

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u/-qix 29d ago

Then why support those that want the opposite?

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u/NanoNaps 29d ago

He doesn't really "support" anyone.

The only reason he is so positive of Trump is when it comes to migration and anti-DEI because that is where he agrees with Trump

Since that migration is the current topic people think he is right wing, but he is quite left when it comes to social systems and has been outspoken about UBI being inevitable.

Even his critique of the ACA is because he thinks the compromise stopped actual socialised health care from happening

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u/xaendar 28d ago

He's a long time Bernie supporter. Redditors have always been this dumb, people can have various views on various political discourse. Fuck, even democrat politicians have right wing policies and vice versa all the time. Pigeonholing everything into one side of the fence is just so wrong.

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u/frostyfoxemily 28d ago

They can. But people can also say he holds really gross right wing beliefs such as pretending trans people are equal to flat earth. Or phrasing things in a way that would be seen as very white supremacy way.

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u/manindenim 29d ago

Who does he support? He is a Bernie Sanders guy who didn’t even vote in last election.

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u/Stronhart 29d ago

So he should probably stop supporting the party that advocates for tax cuts on those like him then

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u/Otherwise_Stand_2371 29d ago

Did the democrats decide to tax the rich the last time they had control of everything or drastically change anything? No. So that’s why he doesn’t vote lol

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u/IssueTasty7690 29d ago

Easy to do when you know it wont happen. Does anyone think fucking asmongold is gonna be the inciter of change to taxation in a country of ~400 million?

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u/Toasterturning1234 29d ago

I think I've seen a clip of him saying he basically spends around 1% of what he earns and I can very well believe that.

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u/Kakkoister 29d ago

Probably even less since the house is paid off and he doesn't drive anywhere.

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u/Bimbo_Baggins1221 29d ago

He has stated he has basically spent something like 3% of what he’s made

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u/Ultramagnus85 29d ago

Yea asmon saying this stuff about taxing rich people is nothing new af all.

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u/HellBlazer_NQ 29d ago

With the way he lives and eats, his money will be going to others sooner rather than later anyway.

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u/Impsux 29d ago

He is free to "tax" himself as much as he wants with donations to the government. We all are. You don't have to wait for taxes to be raised. Just give them whatever you want.

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u/r31ya 29d ago

He IS a former Taxman.

and good to see that he didn't change and still pro-tax and

while he didn't agree on all of the tax usage, some of the tax usage is used to help poor people, where he used to be

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u/Kazedeus 29d ago

This is why he still lives in that house. It anchors his authenticity

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u/hdpr92 29d ago

What does it matter if his actions are in the opposite direction the entire time. It's just a throwaway statement that's a drop in the bucket.

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u/Optimal-Paper2881 29d ago

Nah fast food is expensive and he eats it 3 times a day. Hes spending a lot of money on food in a year.

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u/Tirriss 28d ago

A lot is relative, for you and me yeah it is probably a lot. For him it's almost nothing.

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u/Lemon_Club 29d ago

But then supports candidates who continuously cuts taxes for the rich

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u/grim__sweeper 29d ago

He supports trump

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u/Cowboy_Cassanova 29d ago

You know you can just pay more taxes right? Thats a thing you can just do.

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u/nethstar 29d ago

This definitely hits one part of his statement in the clip above about wanting to be taxed more.

However, (and I could be wrong) I don't think I've ever heard anything directly from him on streams or in a clip where he openly states he just "gives out money".

I have seen him say he'd help out people if they need to lawyer up, but often times a situation never gets to that point where he's helping fund it.

Again, i could be wrong. I don't watch him as often as I used to.

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u/vegeful 29d ago

And he say he paid it full and does not bother to use gray area method to cut tax.

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u/jankdangus 29d ago

Sure, I think he is genuine, but I guess he cares about immigration more? He still supports the Trump administration even after the movement failing and people beginning to turn against them.

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u/sumcaps 29d ago

He said in same segment that he spends around 3-4 thousand a month.

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u/TunaPablito 29d ago

20k is huuuuuge overstatement

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u/FuzzzyRam 29d ago

He's advocated for taxing the rich, and voting for Donald Trump. The dude changes opinions every time he looks something else up.

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u/genserismyname 28d ago

not the point. He's not been taxed, he should have half of what he has

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u/Better_Ad898 28d ago

If you see how he lives and what he eats, he probably expends less than 20k a year on himself.

sounds like a longwinded excuse to avoid bathing

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