Steve Matthes net worth 1.5 Million?

Edited Date/Time 1/4/2022 3:49pm
https://allfamousbirthday.com/steve-matthes/


I think with how freely Steve discusses money on Pulp he won't be upset about us speculating. I tend to think that the estimate on the linked is probably pretty close to true.

Keep it up SM!
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stremme12
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12/29/2021 1:40pm
Pretty sure he's openly said Pulp brings in around 200k a year before expenses.
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Jordan421
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12/29/2021 1:43pm
Why do people care how much money other people have?
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The Shop

12/29/2021 1:46pm
Jordan421 wrote:
Why do people care how much money other people have?
For me it's an interesting topic.

I am guessing steve brings it up on pulp for the same reason. DV is the only one I can remember actually answering the question though.
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TeamGreen
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12/29/2021 1:50pm
Steve has spent more that that on United flights…
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12/29/2021 1:56pm
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
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peelout
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12/29/2021 2:01pm
need to chase that PMS FanDuel cheddar Mathis!
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yota
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12/29/2021 2:02pm
likely includes his property value.
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Doogan551
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12/29/2021 2:07pm
That's 100% Steve's business...... but in the modern era I would have guessed more than $1.5M... average "professional" out there is worth ~~$1.5M.......
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12/29/2021 2:18pm
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
What doofus would down vote that comment.
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yak651
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12/29/2021 2:28pm
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
DINKs - Dual Income No Kids
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yak651
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12/29/2021 2:29pm
Basically the same square footage
If you're able to hire light bulb changers, you're worth more than $1M...
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12/29/2021 2:34pm
yak651 wrote:
DINKs - Dual Income No Kids
there is a whole cohort of gen X professionals who opted out of having children and chose a life of leisure

kinda sucks for society at large but cant say i blame them.
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1911
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12/29/2021 2:57pm
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
What doofus would down vote that comment.
The same Doofus that would pay attention to up and down votes?
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Jordan421
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12/29/2021 3:06pm
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
What doofus would down vote that comment.
1911 wrote:
The same Doofus that would pay attention to up and down votes?
A lot of hate in this thread, 2 more days till the weekend. 10 more days till A1, stay humble my friends.
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aeffertz
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12/29/2021 3:10pm Edited Date/Time 12/29/2021 3:11pm
yota wrote:
likely includes his property value.
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?
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akmx17
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12/29/2021 3:14pm
Good for him but who gives a shit.
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crowe660
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12/29/2021 3:17pm
There are probably more than a few members on Vital that pay that much in taxes every year. Steve’s carved himself out a solid living for being a janky ex mechanic. Nothing but respect for his hustle.
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jonesaustin
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12/29/2021 3:22pm
If that figure is right I would think almost certainly not because of PulpMX. If so, I’ll seriously consider getting in the game.
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UpTiTe
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12/29/2021 3:26pm
Dual income, no kids, been making 100k plus for 12-15 years, if he isn’t worth 1.5, he’s living waaaay beyond his means.
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kb228
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12/29/2021 3:35pm
1.5 mil isnt shocking for someone in his position. These podcast people make a killing off ads.
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CPR
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12/29/2021 3:39pm Edited Date/Time 12/29/2021 3:40pm
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.
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LungButter
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12/29/2021 3:40pm
If that figure is right I would think almost certainly not because of PulpMX. If so, I’ll seriously consider getting in the game.
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.
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Silas444
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12/29/2021 3:41pm
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.
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12/29/2021 4:00pm
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?
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
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yz25
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12/29/2021 4:48pm
More power to him. Hope it doubles next year. That means more people/company believe this industry is a good marketing tool to get there product known! Strong future for the sport. I remember not to long ago, this didn’t feel like the case. Good for Steve. He has definitely put in the work.
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