Kim Dotcom AKA Kim Schmitz Net Worth
Kim Dotcom net worth: Kim Dotcom, also known as Kim Schmitz, is an internet entrepreneur and most notably the founder of Megaupload.com who has a net worth of $1 million. Born in Kiel, German in 1974, Kim Dotcom/Kim Schmitz has had a fascinating roller coaster career as a multi-millionaire internet CEO. Kim has experienced some extreme highs and some extreme lows including a conviction for tax evasion. He is currently facing a potential 55 year prison sentence for operating Megaupload.com. Megaupload has allegedly cost the entertainment industry over $500 million in damages from pirated content being uploaded and shared through the site. If convicted, not only could he spend decades behind bars, but he may also be forced to hand over $175 million in ill-gotten profits.
Kim Dotcom Broke?
In November 2014, Kim announced that he was "officially broke". He claims he lost the majority of his fortune when his assets were seized in July 2014. He has also spent a small fortune defending himself over the last year and has transferred remaining assets out of his name to protect them from prosecution. His lawyer Ira Rothken recently confirmed that "Kim Dotcom is broke because the largest copyright case in US history has cost about $10 million to date to defend and will cost tens of millions of dollars more going forward."
Before his arrest, Dotcom/Schmitz lived a life that any man on earth would envy. He owned a fleet of expensive high performance cars, yachts, private jets and one of the most expensive houses in New Zealand that cost a reported $25 million. He traveled the world with Playboy bunnies and drove around in a Lamborghini that had the license plate "GOD". When he was arrested on January 19th, 2012, authorities seized $5 million worth of luxury cars, including a Rolls-Royce Phantom Drophead Coupe with a price tag of $400,000.
Megaupload.com has 180 million registered users and allowed Kim to earn over $40 million in 2011 alone. Schmitz is reportedly 6 foot 7 and weighs over 330 pounds. Click here to check out our gallery of Kim Dotcom's insanely luxurious lifestyle, your mind will be blown.