Owner of $98Bn Porn Hub is named in Pandora Papers
 

There is still money in porn!

Owner of $98Bn Porn Hub is named in Pandora Papers and defends investment in two shell companies, saying all 'tax obligations were handled in accordance with the law'

The co-owner of Pornhub - one of the world's largest porn sites with an annual revenue of $97billion - is among the ultra-rich who squirreled away money in known tax havens.

https://www.dailymail.co.uk/news/art...axes-paid.html

$97Bn a year?!.

The Daily Mail is such a rag.....

Does seem extreme. Would like to know more, especially net income.

I ain't surprised . . .

$265 million a day. Seems legit for a free tube :1orglaugh

They had the "Premium" version too and were pushing it hard

I think yearly revenue is about half a billion...

Yeah, not $265mm a day though... Probably not even that per month.

A few years ago I heard it was $500,000/day, then a year or so ago it went up to almost 1mil/day.
Anything else is either a lie, typo, or laundering with money made in non-adult..

Those are Pablo Escobar numbers.

That's damn big. Could not even thought of it.

That’s a lot of scratch

Pornhub is probably making 98 million. Not billion lmao

Of course, it is only possible with hard work.

He started this business in the basement. During the day, he was flipping burgers, and at night he was maintaining servers, and it wasn't easy. His girlfriend (at the time) was concerted and convinced him to leave his project, and so he did.

One day, the hosting company sent him an email in regards to the unusual traffic. He couldn't believe the numbers. From that day, his life changed forever, he invested more in the business, his bank account was growing, and the rest is history.

......or maybe their business model is not selling premiums

Didn't we all? :1orglaugh

Yeah they aren't pulling in 265 million dollars a day, those numbers are way off lol.

WOW serious $$$$

He is not politic so it's okay

Facebook made 86 billions in revenue in 2020
98Bn is definitely too high - they do not monetize as well as FB

I'd be curious to know what revenue range they are in.
1-5 bn maybe ?

regardless, just a million a day in recurring revenue at $40 per charge(what most adult sites charge, is 25,000 active members renewing daily or 750,000 recurring members at any given time. to get to the numbers mentioned in the article you would have to multiple that by ~268.

that number is clearly false as fuck.

my president is on pandora papers too

Something like that.
There's plenty of +/- official numbers that leaked and are believable.
And that makes sense with their traffic and their overall size.

Anyone else hear about how PH really made $98Bil, or just me? (If it's true. You can't believe everything you hear online, so..) :upsidedow

The article is BS. The number is taken from some lawsuits where plaintiffs are suggesting it could be $98B big business. Then the "journalists" connects it to the leak.

That one should go for professional low awards.

Yeah, there's no way.

Someone PMed me and said this "They did the money laundering for the weapons dealers in Afghanistan."
lol

Bullshit. I do remember in 1997/98 when Xpics was making 1mil a day though.