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Michael’s past business is Livedrive, which allows online storage of files and documents, a market that is growing fast. Within three months of starting it, Cypriot-born Michael, 31, had turned down $139.48 million for the business. His first fortune came from Gloucester-based Fasthosts, an internet service provider he started in his bedroom when he was 17 and sold in 2006 for $64.16 million. He counts controversial musician Pete Doherty among his friends. He now owns bark.com. Andrew Michael currently has a net worth of $195 million.
Earnings & Financial Data
Date |
Category |
Description |
Amount |
---|---|---|---|
2018 |
Asset |
Current value of Andrew Michael's website Bark.com |
$6,500 |
2008 |
Event |
Money paid to R&B star Usher to sing his hits and cut the cake on his girlfriend's birthday party |
$69,790 |
2006 |
Sale of Asset |
Sale of Andrew Michael's company Fasthosts to German internet company United Internet |
$85,560,000 |
2005 |
Event |
A party for Andrew Michael's employees and their spouses that led to a marquee in Gloucester's football ground |
$834,770 |
2005 |
Earnings |
Annual profit of Andre Michael's web hosting company, Fasthosts for the year 2005 |
$6,980,000 |
2000 |
Earnings |
Sales of Fasthosts for the year 2000 |
$27,830,000 |
1999 |
Earnings |
Sales of Fasthosts for the year 1999 |
$333,910 |