Steve Matthes net worth 1.5 Million?

Mr. Info
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Mr. Info 12/29/2021 4:48pm
12/29/2021 4:48pm
Some things money can't buy.
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LoudLove
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LoudLove 12/29/2021 5:01pm
12/29/2021 5:01pm
bite_the_curb wrote:
AFAIK he doesnt have kids

if you dont have kids, its very easy to accumulate wealth. Especially if you live in a dual income house
yak651 wrote:
DINKs - Dual Income No Kids
I’m a SITCOM: Single Income, Three Children, Outrageous Mortgage!
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Meister
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Meister 12/29/2021 5:01pm
12/29/2021 5:01pm
I could careless what he makes but would be amazed if it were accurate for what he does.
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jonesaustin
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jonesaustin 12/29/2021 5:02pm
12/29/2021 5:02pm
jonesaustin wrote:
If that figure is right I would think almost certainly not because of PulpMX. If so, I’ll seriously consider getting in the game.
LungButter wrote:
Get in the game then. I find it delusional for someone to think they could just hop right in and build the following he has. Especially...
Get in the game then.

I find it delusional for someone to think they could just hop right in and build the following he has. Especially considering most folks "off the street" wouldn't have any connections to get the content that Steve does.
I hear you, then again it’s arguably delusional to enter the Supercross Series believing you can win it, but riders still make that choice. I like PulpMx, I just think there’s more than enough room in this sport for something different.
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LoudLove
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LoudLove 12/29/2021 5:11pm
12/29/2021 5:11pm
Silas444 wrote:
Net worth is a fascinating thing, but it means very little unless you factor in a person's liabilities. Three examples: 1. You have assets totaling 11.5...
Net worth is a fascinating thing, but it means very little unless you factor in a person's liabilities.

Three examples:

1. You have assets totaling 11.5 million and liabilities totaling 10 million. Your net worth is 1.5 million, but you are feeling very stressed, because you're very "leveraged."

2. You have assets totaling 6.5 million and liabilities totaling 5 million. You're feeling pretty good, as your net worth, while still 1.5 million, is a much larger percentage of your overall asset/liability totals.

3. You have assets totaling 1.75 million and liabilities totaling .25 million. Like the other two examples, your net worth is also 1.5 million, but you are living like a boss, because no one has any real leverage on you. This is especially true in inflationary economies like the one we're in now, as your assets will rise while your debt stays rather flat, as banks want your business.

Just thought I'd add a little context.
If you owe the bank $10K, you have a problem. If you owe the bank $10M, the bank has a problem…

I wanna be the guy with $11.5M in assets and $10M in liabilities. Especially if it’s real estate, which can be acquired at <3% WACC yet generates significantly higher ROIC when combining rental income and moderate appreciation. That $1.5M delta will improve significantly faster that the last example.
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Forty
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Forty 12/29/2021 5:16pm
12/29/2021 5:16pm
This is none of our business. How does that info arrive here?
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22Ryann
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22Ryann 12/29/2021 5:18pm
12/29/2021 5:18pm
Good on him he deserves it ,he puts a lot of work in.
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early
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early 12/29/2021 5:41pm
12/29/2021 5:41pm
I'd say this answers just about all the questions raised in this thread.
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Johnny Ringo
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Johnny Ringo 12/29/2021 5:44pm
12/29/2021 5:44pm
early wrote:
I'd say this answers just about all the questions raised in this thread. [img]https://p.vitalmx.com/photos/forums/2021/12/29/525486/s1200_Screenshot_20211229_203828_Chrome.jpg[/img]
I'd say this answers just about all the questions raised in this thread.
Pony Pod doesn’t even make the poll? Ouch
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bens152
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bens152 12/29/2021 6:07pm
12/29/2021 6:07pm
He loves to ask riders about money, but seems to not want to say much about how much he earns. I have noticed that.
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Spudnut
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Spudnut 12/29/2021 6:14pm
12/29/2021 6:14pm
yota wrote:
likely includes his property value.
I would assume his home and his rental are worth about 800k-1.2mil combined considering the fact that he’s in LV then you’ve got other assets like cars bikes etc and of course investments

Who knows though really not really anyone else’s business either
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Spudnut
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Spudnut 12/29/2021 6:14pm
12/29/2021 6:14pm
Forty wrote:
This is none of our business. How does that info arrive here?
Off season
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motoxxx599 12/29/2021 6:18pm
12/29/2021 6:18pm Edited Date/Time 12/29/2021 6:20pm
yota wrote:
likely includes his property value.
aeffertz wrote:
Yeah, and IIRC he has two decent homes. I believe he said he just rents the old one out but still owns it. Those sites are...
Yeah, and IIRC he has two decent homes. I believe he said he just rents the old one out but still owns it. Those sites are rarely accurate though, especially considering it isn’t someone who’s “famous”.

That being said, what kind of person uses their free time to Google something like this?
LouisianaMotocross wrote:
Some days get boring at work until something goes wrong. Actually was listening to an old podcast Steve was doing with rv and he asked him...
Some days get boring at work until something goes wrong. Actually was listening to an old podcast Steve was doing with rv and he asked him if he had 40 million in the bank. My bored self went down a rabbit hole after that. I was googling everyone from John madden to Steve lol
I dont think its anywhere near 1.5M but with PulpMX advertising, his RacerX salary, and PulpMx Fantasy having 10,000+ players yearly at $35 per person Im sure its more that 200K.
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Forty
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Forty 12/29/2021 6:53pm
12/29/2021 6:53pm
Here come the experts. Never fails. Want great financial advice jump onto a motocross forum thread.
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scott_nz 12/29/2021 6:56pm
12/29/2021 6:56pm
If it’s true then good , I actually hope it’s more ,

He’s built a platform and provided me with a heap of enjoyment and info from some of the best and brightest in the sport.

It would take someone very good a very long time to replace the access he has
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Sully
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Sully 12/29/2021 6:58pm
12/29/2021 6:58pm
yota wrote:
likely includes his property value.
Spudnut wrote:
I would assume his home and his rental are worth about 800k-1.2mil combined considering the fact that he’s in LV then you’ve got other assets like...
I would assume his home and his rental are worth about 800k-1.2mil combined considering the fact that he’s in LV then you’ve got other assets like cars bikes etc and of course investments

Who knows though really not really anyone else’s business either
Is the Ridgeline really considered an “asset”?
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PNWRider
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PNWRider 12/29/2021 7:30pm
12/29/2021 7:30pm
yota wrote:
likely includes his property value.
Spudnut wrote:
I would assume his home and his rental are worth about 800k-1.2mil combined considering the fact that he’s in LV then you’ve got other assets like...
I would assume his home and his rental are worth about 800k-1.2mil combined considering the fact that he’s in LV then you’ve got other assets like cars bikes etc and of course investments

Who knows though really not really anyone else’s business either
Sully wrote:
Is the Ridgeline really considered an “asset”?
Laughing Laughing Laughing
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ML512
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ML512 12/29/2021 7:32pm
12/29/2021 7:32pm
Johnny Ringo wrote:
Pony Pod doesn’t even make the poll? Ouch
Darkside os on there. The guy’s screenshot couldn’t fit all the options, it cut off the bottom four.
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nskerb
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nskerb 12/29/2021 7:35pm
12/29/2021 7:35pm
Forty wrote:
This is none of our business. How does that info arrive here?
Spudnut wrote:
Off season
I wanna drink a beer with spud
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Chris99Flannery 12/29/2021 8:40pm
12/29/2021 8:40pm Edited Date/Time 12/29/2021 8:42pm
He’s partially emotionally bankrupt! Doesn’t even know his friends Kids names! Cant name them or even know how many they have! When I hear that I think Wtf is up with that?
Anyhow he produces great content for free, and helps privateers.
His show isn’t worth much to sell, as he is the product, and this would reflect on his low worth of say.
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UpTiTe 12/29/2021 8:42pm
12/29/2021 8:42pm
CPR wrote:
Not that I really care, but is $1.5million net worth a lot in the US? I would think net worth includes the sum of all your...
Not that I really care, but is $1.5million net worth a lot in the US?

I would think net worth includes the sum of all your assets (cars, bikes, house, property, etc.) plus savings and income? I don’t have anywhere near that amount, but I can see how a successful middle aged person could easily accumulate that, or more.
A net worth of 1.5 is pretty darn good for a 40-45 year old couple. If you cashed out and invested well, you could live off the earnings.
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Last Braaap
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Last Braaap 12/29/2021 8:54pm
12/29/2021 8:54pm
Whoa whoa!!! With that much dough Steve can almost buy 16 square feet flat in Temecula. Woohoo Keep it up stud.
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Magoofan
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Magoofan 12/29/2021 8:56pm
12/29/2021 8:56pm
Jordan421 wrote:
Why do people care how much money other people have?
It's a dick measuring contest....

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Moto_Geek
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Moto_Geek 12/29/2021 8:57pm
12/29/2021 8:57pm
He probably should be worth more.. MF worked hard to make his podcast run such a long run and keeping it interesting and getting real pro racers opinions every Monday night. He's the Howard Stern of MX podcast in my opinion. I also like how he focuses on racers new and old as well. Keeps us Vet racers entertained.
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G-man
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G-man 12/29/2021 10:23pm
12/29/2021 10:23pm Edited Date/Time 12/29/2021 11:22pm
All those years living next to the Lion's Den turned out to be a smart move.

I just wanna see another Podcast from the hot tub with Heather. Woohoo
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bite_the_curb 12/29/2021 10:24pm
12/29/2021 10:24pm
CPR wrote:
Not that I really care, but is $1.5million net worth a lot in the US? I would think net worth includes the sum of all your...
Not that I really care, but is $1.5million net worth a lot in the US?

I would think net worth includes the sum of all your assets (cars, bikes, house, property, etc.) plus savings and income? I don’t have anywhere near that amount, but I can see how a successful middle aged person could easily accumulate that, or more.
depends on where you live and what kind of lifestyle you want to live

if you live in the midwest or south, yeah you're doing pretty good

if you live in a big metro area like LA,seattle or NYC its middle class all things considered, especially if you have kids.
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carver
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carver 12/29/2021 10:58pm
12/29/2021 10:58pm Edited Date/Time 12/29/2021 11:00pm
TeamGreen wrote:
Steve has spent more that that on United flights…
As a United employee, that's appreciated Cool
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KiwiBermRailer 12/29/2021 11:22pm
12/29/2021 11:22pm
Jordan421 wrote:
Why do people care how much money other people have?
The internet causes extreme jealousy. Social media in fact.
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MattyVicious 12/30/2021 12:09am
12/30/2021 12:09am
New house sold for 1.2 million. I'd say he's doing well for himself.
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Vet57 12/30/2021 3:04am
12/30/2021 3:04am

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