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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