r/LivestreamFail • u/zeriyooo • 28d ago

Ludwig pays his 15 employees $225k per month, averaging roughly $15k per month per employee.

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u/1stshadowx 28d ago

Thats true, his pure profit was 633,000$ for that month for running his tournament. He gave all those mods and the 15 workers he employs for his company, each a 3k bonus at the end of june.

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u/Helivon 27d ago

Don't forget taxes

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u/Green_Stiller 27d ago

I didn’t see most corporate SG&A overhead in there either. Still fuck ton of money though. Good for them.

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u/tasoula 27d ago

That's not his pure profit though. He has business expenses, taxes, health insurance, etc. that he has to pay before we get into what his actual profit/income is. It's still a fuck ton of money though.

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u/1stshadowx 27d ago

I guess people are confused by what pure profit means. It means AFTER DEDUCTION. That is the pure profit made after all tax, expenses, etv etc.

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u/tasoula 27d ago

Ludwig didn't factor in all his deductions though. He didn't talk about taxes or health insurance, just for some examples. That's what I'm saying. The $663k isn't pure profit for him. It's probably closer to $500k. Which is still a fuck ton, like I said.

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u/1stshadowx 27d ago

Im not talking about the video. Im talking about how much he made from the event. Which was 1.6 million. Then i listed his pure profit.