| Net Worth: | $300 Million |
|---|---|
| Date of Birth: | June 5, 1978 (46 years old) |
| Gender: | Male |
| Height: | 5 ft 8 in (1.75 m) |
| Profession: | Entrepreneur and Angel investor |
| Nationality: | Germany |
What is Fabian Thylmann’s net worth?
Fabian Thylmann is a German software engineer and adult internet entrepreneur who has a net worth of $300 million. He amassed his fortune as the creator and former CEO of Manwin, which is now known as MindGeek.
Fabian rose to prominence as a porn tycoon after developing affiliate monitoring software that would prove revolutionary in the adult industry.
Fabian later sold his part in the program, known as NATS, which is still in use today, and went on to acquire hundreds of adult brands.
NATS
Fabian Thylmann was born in Dusseldorf, Germany on June 5, 1978. At the age of 17, he began programming and quickly found himself speaking in chat rooms with the operators of adult websites.
One of the most common worries among adult webmasters at the time was the inability to obtain appropriate credit for introducing a consumer who signed up for a paid account or purchased a product.
In the late 1990s, Fabian set out to resolve the problem. His solution was a piece of software he termed “NATS,” which stood for “Next-generation Affiliate Tracking Software.”
NATS eventually allowed advertisers to track when users clicked on their affiliate ads so that they might be paid a commission for the sale referral.
It was groundbreaking at the time, especially for pornographic sites that had been barred from the regular online display advertising market and sorely needed a mechanism to monitor who deserved a commission for creating a sale or a subscription sign-up.
Manwin
Fabian received a little bonus for his contributions to NATS. More crucially, the software’s backend administrator provided him with an unprecedented “God-view” of the entire pornographic website commerce business.
He could tell which websites were genuinely making money, how much money they were producing, and which advertising was resulting in actual sales.
With these ideas, he made the decision to launch his own adult website. PrivatAmateure, a German website, was his first purchase.
Fabian sold his stake in the parent firm that owned NATS in 2006. Xtube was one of his most important acquisitions during this time.
While Fabian was busy establishing the adult internet ecosystem, Stephane Manos and Ouissam Youssef, two entrepreneurs in Montreal, Canada, were running their own adult empire, with their two crown jewel domains, Brazzers and Pornhub.
They ran their business as “Mansef,” a combination of their surnames, Mansos and Youssef.
Acquisitions
In 2011, Manwin raised almost $360 million from more than 100 investors, including Clobeck Capital, Fortress Investment Group, Cornell University, and JP Morgan.
Fabian and Manwin proceeded on another furious buying trip for pornographic properties now that they had a new war chest.
Fabian purchased the digital rights to Playboy Enterprises in November 2011 for an undisclosed – but allegedly very considerable – sum of money.
He is the owner of a 15-year license to operate Playboy’s digital assets, which include Playboy.com, Playboy TV, and Playboy Plus.
If someone went to Playboy.com expecting to see the latest Playmate, they were more likely to see extremely NSFW ads leading them to hardcore subscription porn sites.
Playboy reclaimed control of Playboy.com in 2014 “at tremendous expense.”
Fabian, on the other hand, retains control of Playboy TV and the Playboy Plus subscription service through his current company, MindGeek.
He bought the assets of the adult entertainment studio Digital Playground in January 2012. Reality Kings was purchased by the corporation in April 2012.
Babes.com was purchased by the corporation in June 2012. Fabian purchased RedTube in July 2013.
Bootshaus
Fabian is the owner of the Bootshaus nightclub in Cologne. The Live Entertainment Awards recognized Bootshaus’s “Club of the Year” in June 2021. The photo of Fabian in this story was taken at Boosthaus on the night they earned their award.
MindGeek
Fabian was renamed as MindGeek after selling his enterprise to Manwin’s senior management for $100 million.
MindGeek now owns some of the world’s greatest pornographic websites, including Youporn.com, Twistys, RedTube Brazzers, Pornhub.com, WebCams.com, and many more.
Pornhub is the tenth most-visited website on the internet. MindGeek is legally situated in Luxembourg but works mostly in Canada.
Over 1,400 employees work for the company’s various properties and subsidiaries all over the world. Fabian Thylmann’s websites received over 16 billion hits per month at their peak and made over $400 million in revenue each year.
Charges for Arrest and Tax Evasion
He was detained in Belgium and extradited to Germany on accusations of tax evasion on the revenues of his adult business.
According to German tax authorities, Fabian earned $100 million per year from his global business but avoided paying local taxes by routing much of his money and spending through shell corporations based in tax-friendly locations such as Cyprus and Curacao.
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