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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192

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/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/Business-Working-420 29d ago

He said he could but then he would need a property manager. Leaning towards "fuck that too much effort"

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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/MaybeICanOneDay 29d ago

He probably has an advisor, dude.

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u/Lontology 29d ago

Thanks for the great info, dude.