You really think Frank doesn’t have a secret firm somewhere doing shady stuff and feeding people cats and other people in the soup? Come on be realistic
That's true, Im surprised nobody noticed this. And we know he is loaded with cash because they always go to him for cash. He invested into Bar so he could use it as a front.
Charlie doesn't make minimum wage, neither does Mac. Remember how excited they got when they got a job where they would be splitting one minimum wage between them? They had never known such money.
The gang goes on a skiing trip to the appalachian mountians so i tried doing the reasearch to solve your question but the information was difficult so i opted to use the Rocky mountains(hoping that since the average mountain size in both regions was close enough the numbers wouldnt be tooooo far off) the rocky mountains as of 2015 was estimated to have aprox. 2billion barrels of crude oil still within them and since the rocky mountains are made up of 54 different mountains i went ahead and worked out that in the average rocky mountain there are 37million barells of crude oil within it. One barrel of crude oil in 2015 would cost roughly 43 dollars so buy fracking on mountain frank could made upwards to 1,591,000,000 dollars and considering the oil industries is a 351billion per year industry that doesnt seem like a too crazy far out number. So after taxes(in the highest bracket) frank would have retained 1,002,330,000$. After youve read all this just know im not sure about any of it, have a good day
Based on my families experience in oil and the size of the mountain my realistic guess is about $48 million he made personally after taxes and expenses.
Dee doesn't make the average bartender salary, because they made her sign a contract giving her full rights to Paddy's pub merchandise, so they could pay her below minimum wage.
Hard to believe that an owner of a bar in the 70’s would have 3.5 million within a few years... Also discounting the fact that frank is crazy and blows a lot of cash on ridiculous things
I like to think Frank has an endless supply of money. He's never going to spend more than he makes. I'm sure he'd have a lot of shady businesses that he doesn't talk about.
Really interesting but there is one minor mistake. In the Kitten Mittens episode the gang reveals that they also pay Dee "less than minimum wage." She shouldn't be included with Mac and Dennis as getting a full salary.
I take Frank and his brothers stories with a huge grain of salt based on the fact that they seemingly remember Shadynasty's attractiveness completely wrong.
MrJre4491 Ya but then Frank says she looks like shit and the gang says she never looked good and Frank shrugs which I took as a ya she probably was always ugly. The brothers stories also contradict a lot so we know it's definitely not all true. Taken in context it's really just a funny premise for an episode and not much more.
What’s funnier is that Frank was willing to trick Dee by paying a bunch of actors, her garbage man, Snyder, Michael Rotenberg, rented out a comedy club, charters a private jet with tricking Dee into flying to Hollywood, when really she was flying all over Philadelphia for six hours. The funniest part of that episode to me is how much Frank paid the private airline company, just to fly locally for 6 hours. The plane had to have used up more jet fuel, than going from Philly to LA!🤣🤣🤣🤣🤣
Don't remember which episode it was, but in it Frank says that his morning routine is to do coke so he has to afford a coke habit every day for his whole life, not just his quality control time.
He just completely dismisses that the sweatshop made any money without going into any detail as to why. I have to every reason to believe it was profitable for him otherwise he wouldn't have gotten into in the first place.
I love all the concepts they’ve invented: Rum-Ham, Milk-Steak, Toe-Knife, Blood-Bucket, Boiled-Denims, Fight-Milk & Wolf-Cola (which have to do with all the wolf hair and crow’s eggs near/in Charlie’s apartment)
One thing... Controlling shares in a company actually isn't 51%. It's 67%, as a 1/3 of the shareholders can block sale of the company or major decisions of the President of the BOD.
very true. they do that to keep a majority owner was making rash decisions that might work against the other shareholders best interest. But if exactly 1/3 voted they would loose, seeing that it takes a 2/3 vote to win. They would need 1/3 of the votes plus 1 more vote to conquer a 2/3 vote system.
I have a great premise for a new season!! If Frank “Mysteriously” dies, and leaves the gang his money, except with some bizarre stipulations as to how they can spend that money. After two or three episodes of crazy financial splurging, Frank reappears and takes all the money back....the last part is up for debate, but I think the rest sounds good lol
It's Always Sunny has continuity problems? I always admired it for it's very strict continuity. Only issue I can think of is that Charlie mentioned having a sister in Season 1 that no longer exists.
I mentioned the check because he said to his kids he was giving them all his money. If the check says 8 million that's all his money. He still has the 8 million. So this video made him richer then he really is.
At the beginning how is Frank only paying 10% in taxes? Is this because of assuming he will hide most of the cash biz part? Wouldn’t the IRS audit that sort of low number? What was the effective tax rate in that time too? Back then after 150K, thr normal tax rate was 90% (not effective tax rate)
This actually makes a lot of sense as to why the gang lives the way they do. I can't see Frank not leaving money for Dee and Dennis and Charlie after he dies or something, plus during his time alive he'll always bail them out of trouble. They know they can fuck up and still be good. I got a feeling Mac might be outta luck when it comes to inheritance.
They were imagining what Frank would look like in the 70's. Remember how they said "everyone is a lot fatter than I thought they'd be" it wasn't a flashback. It was more showing what they pictured.
Also you gotta remember, when he lose his memory and think it was 8-10 years ago (cant remember exactly) he thought Dennis and Dee were gonna invent cell phone. And he blindly offered them 8 million dollar. Without hesitation
The UFC is still very popular so it’s safe to say that fight milk is still making money from people who want to lose weight. It is expensive to make though, crow eggs are not as cheap as you’d think. They are at least breaking even. Donald Cerrone helped spread the word of fight milk to everyone in that industry. Dana White mentions fight milk in several of his recent interviews and how it’s becoming a “big problem.” They are considering banning any substance with crows eggs due to malnutrition issues in fighters.
+Robert Blasingame If I am not wrong though, isnt he using the losses as a profit by way of taxes? Companies, in USA, can offset taxes by a profit claim law. Thus, he probably claiming that loss on any taxes he may be "forced" to file.
With all sincerity this channel needs more subs, a lot more I hope this channel grows into a multi million subscribers holding entity.. really 10k productions top notch content keep this up please you guys deserve more love
$8,000,000.00. thats how much is on the check when he gives away all his money. so your baseline should just start from when frank joins the gang in season 2 with that being the figure hes worth after his divorce. so peiceing together or guessing prior to this point is kinda moot as we know how much he is worth at the start of the show.
1:48 that number is off. It suggests he was open every day of the week, but most clubs are only open on the weekends. I'd say it's closer to a million, or ~7,000 a night for 3 nights a week
That... that actually fits him well. I know Frank is like an animal... but a warthog I never thought about it until I heard it... that is VEEEERY fitting.
Tax issue again. Working as CEO why is his tax rate under 16%. How different were taxes in the 60s? Nowadays, close to 15% goes to FICA (up to $115Kish per year then just medicare part). Say another 2.5% goes to the state. That’s already 17.5%. The rest of taxes are say 12.5% for federal. There may be some deductions with the FICA tax and some others he would do. Would he really be getting below 20% when some deductions don’t count as FICA tax nowadays so it’s hard as an employee to get under a 20% effective tax rate on your first $120Kish eligible SS tax for all your income taxes (federal, state, city, FICA)
Both mac and charlie don't actually get minimum wage though, judging by their reactions from the mailroom gig, I'd say it's far below that (which is absolutely something frank would do)
Nathaniel J. Capenos if frank was a normal person, yeah. His savings would be much lower, and sure frank spends tons of money on drugs and guns. BUT, as a whole. As stated frank needs the absolute bare minimum to survive. With all that "extra income", from like the trash he uses to plug up his wounds instead of actually buying bandaids. He can put away much more money than the average person who actually has shame
But they said that they pay less than minimum wage to dee and charlie. Dee for all merchandising rights, see episode paddys pub home of the kitten mitten
You made an error when calculating the amount of stock Frank would need to be the majority shareholder. You determined that he had 51% of the stock, but by law, you need two thirds of a companies stock to be the majority shareholder. Since the 51% rule is just a movie law, but doesn't actually exist in the real world. So he would gain 10,693,226.64 rather then the 8,180,318.38 you said he sold the company for.
There are laws put in place to protect smaller shareholders from someone who holds less then 2/3 of a companies stocks. Because the law specifies that unless you own 2/3 of the shares you single handedly vote on behave of the minority shareholders. Since what the stockholders agree on, affects everyone's stock, and as such, everyone's money. So should a person with 51% of stocks in a company, for any reason want to drive the company to ruins, then the minority shareholders are protected. What you're sighting is what most call, Movie Laws, or Movie facts. Like the "fact" that we only use 15% of our brains, or that a cop has to tell you that their a cop or not. Or in this case, if you own 51% of a company, you can do anything you want with the company. It's made to simplify the laws, so that the audience can remember it more easily. And my sources for this information comes from a lawyer friend of mine, who works with this kinda stuff. So I'll take his word over yours any day of the week.
NColinCorfixsen Again, have you read the contents of IFRS 3 and 10? IIRC, you don't even need to own majority interest to consolidate the financial statements so long that there's de facto control. By some chance, are you a CPA or an auditor to have experience over this matter?
NColinCorfixsen Oh and btw, if your "lawyer" friend had any experience on Business Combination and Consolidation, then I'm glad to admit defeat cause that pretty much means that my experience on these matters worthless.
Joe Momma he was ‘quality control’ for his brother, but by getting addicted to cocaine it’s safe to assume most, if any money he was getting was being blown on coke
Cocaine racks up the cost through export as many shipments are lost in some form and the rest of it has to make up for profits and wages. Cocaine directly in Columbia would be worth less and they would probably already have factored out some losses. It's likely he paid nothing doing all that cocaine and since he was again living at bare minimum it would have all been pocketed.
i dont mean to be "that guy" but you forgot when frank was pimping dennis annnd he bought a chalice, looked to be 10 k later on he bought a wutless painting for 40 k lol and an air condition for i forget the amount but too much lol
Garrett Weisbrot Draper might be too short of a video. Most of his net worth is from a few big sales- PPL, McCann's acquisition. Everything else is not that big in comparison, he was a partner at SCDP and he became partner at SC fairly quickly. He would've gotten a lower cash salary and a lot of equity.
What should I talk about next? Comment it here!
10K Productions Walter White’s net worth, or maybe Jay Pritchett from Modern Family
Jay Pritchett's net worth
Don draper from mad men
Barney's net worth from how i met your mother
How much is Jim halbert worth from the office
Don't forget all the troll toll money he's collected over the years
“You’ve got to pay the troll toll in order to get into the boy’s hole”
@@Amory-wd3ws Soul, its soul
Thats what he said
WHATCHU SAYYY
@@juuuu0 Hey Hey Hey
I don't like that constant still image of Frank in the video... it's smug aura mocks me.
stellvia hoenheim I seen him more as man cheetah.
Tavier let me get the spots
I really like the man cheetah custom, he really rocks it! Funny, very funny.
I like it because I imagine he’s getting ready to spit some food or shells out at me
He has your soul now you can't kill it
He’s worth exactly one Rum Ham.
3.5 grilled Charlie’s
Brian NOT The Messiah 7.88 riot juices
A boatload of Fight Milk
10K Productions probably 2 boatloads
He’s worth a trash man!
You really think Frank doesn’t have a secret firm somewhere doing shady stuff and feeding people cats and other people in the soup? Come on be realistic
123 456 we were making money hand over foot. Some kid loses a hand or a foot, we toss it in the soup!
Gotta think of his sweat shops
statute of limitations ;)
Guys, guys, think about the implication 🤔😉
And I highly doubt frank ever paid taxes
Frank just uses the bar to launder money.
That's true, Im surprised nobody noticed this. And we know he is loaded with cash because they always go to him for cash. He invested into Bar so he could use it as a front.
Considering his Frank's liquids I would imangine he has lots of fronts.
What does he do/own that ISN'T laundering? I'm not being facetious, but everything Frank touches is some sort of shell company.
"I already cooked the books."
At least that’s the only think he does now. The gang just calls the shots. Frank just owns the bar!🤣🤣🤣🤣🤣
Charlie doesn't make minimum wage, neither does Mac.
Remember how excited they got when they got a job where they would be splitting one minimum wage between them? They had never known such money.
they were just doing that for the health insurance they didn't care about the money
doom that’s a government salary right there
I was expecting elf to walk into that mailroom
Dee makes minimum wage, they say so in the arbitration episode
@@philiplevensohn8545 I think they say she makes less than minimum wage actually. I think Dennis is the only one making a bit more than minimum wage.
Hold up. How much did Frank make by fracking Party Mountain?
Askin the real questions down here ya'll
The gang goes on a skiing trip to the appalachian mountians so i tried doing the reasearch to solve your question but the information was difficult so i opted to use the Rocky mountains(hoping that since the average mountain size in both regions was close enough the numbers wouldnt be tooooo far off) the rocky mountains as of 2015 was estimated to have aprox. 2billion barrels of crude oil still within them and since the rocky mountains are made up of 54 different mountains i went ahead and worked out that in the average rocky mountain there are 37million barells of crude oil within it. One barrel of crude oil in 2015 would cost roughly 43 dollars so buy fracking on mountain frank could made upwards to 1,591,000,000 dollars and considering the oil industries is a 351billion per year industry that doesnt seem like a too crazy far out number. So after taxes(in the highest bracket) frank would have retained 1,002,330,000$. After youve read all this just know im not sure about any of it, have a good day
With all expences, salary, transport, construction, and so on, It might be half that. Still pretty good.
Based on my families experience in oil and the size of the mountain my realistic guess is about $48 million he made personally after taxes and expenses.
noanimeallowed The entire profit could be that, but he couldn't possibly have done it all himself.
You forgot that Frank rarely ever pays the rent for Charlie's apartment.
You forgot about the fracking of the mountain in the Skiing episode. That must have made him a fortune.
My ankles are surely broken!
@Riley Ross Says what?
Danny DeVito cracks me up even when he's just standing there in a photo.
Just disappointed in us
Dee doesn't make the average bartender salary, because they made her sign a contract giving her full rights to Paddy's pub merchandise, so they could pay her below minimum wage.
Yeah but Mac ate the contract so who knows what she makes
Don't forget dee was double dropping
@@deadmeatjb yeah but they also used to take the difference out of her purse
Yea and dee always have a new car
Hard to believe that an owner of a bar in the 70’s would have 3.5 million within a few years...
Also discounting the fact that frank is crazy and blows a lot of cash on ridiculous things
He buys and thrashes a Lamborghini on a whim. He is way too loaded
Wait, but Dee earns less than minimum wage, because she gets all the money from their nonexistent merchandise
That only applies for the first few seasons because the douchebag lawyer now gets all the nonexistant merchandising.
I like to think Frank has an endless supply of money. He's never going to spend more than he makes. I'm sure he'd have a lot of shady businesses that he doesn't talk about.
Really interesting but there is one minor mistake. In the Kitten Mittens episode the gang reveals that they also pay Dee "less than minimum wage." She shouldn't be included with Mac and Dennis as getting a full salary.
Ellery Vance Frank also pays her rent though so I would call it a wash
I just made that comment about him paying yet rent. I am glad someone else remembers and I'm not crazy.
lol Frank buys her literally everything she doesn't need a minimum wage, let alone a living wage.
@@zb6073 Funny how he buys them everything but he cheapens out in Christmas to "teach them a lesson"
I take Frank and his brothers stories with a huge grain of salt based on the fact that they seemingly remember Shadynasty's attractiveness completely wrong.
MrJre4491 Ya but then Frank says she looks like shit and the gang says she never looked good and Frank shrugs which I took as a ya she probably was always ugly. The brothers stories also contradict a lot so we know it's definitely not all true. Taken in context it's really just a funny premise for an episode and not much more.
I mean attractiveness is completely subjective though
Attractiveness is subjective. But Frank is not someone who will be subjective about wealth or money
Holy moly this was way too informative! Kudos for delving into the trashman so intensively
Rogier Norbruis oh yeah. Speaking of trash, did frank actually make any money during the garbage strike?
What’s funnier is that Frank was willing to trick Dee by paying a bunch of actors, her garbage man, Snyder, Michael Rotenberg, rented out a comedy club, charters a private jet with tricking Dee into flying to Hollywood, when really she was flying all over Philadelphia for six hours.
The funniest part of that episode to me is how much Frank paid the private airline company, just to fly locally for 6 hours. The plane had to have used up more jet fuel, than going from Philly to LA!🤣🤣🤣🤣🤣
Wait a second! So how much did Frank make while being hunted by cops in Oregon after Nam?
Frank not much, but they sure drew first Blooooooooodd.
You're confusing his life with Rambo, bro.
This is not the first time you've confused his life with the life of John Rambo
Idk man, Frank has actually seen a pig eat a man
Jonathan James frank has seen many pigs eat many men.
You were close. He is definitely worth 69 million dollars.
Frank's worth however many likes the original comment of this conversation gets plus a million so he's currently as of my post Worth 81 million.
nine plus nine equals box. allright, that's where the cat goes.
Lets recall him fraking a damn mountain. Hes probably got hundreds of millions of dollars after taxes.
@@patrickfitzgerald6073 I boosted your likes bro, can I get a shot out lol
Sure thing! Shout out to my boi Gabriel Clark!
i bet frank is laundering money at paddy's pub and has some death trap sweatshop at vietnam
He does. He already said that one day when talking to Denis. He said he had already "cooked the books"
Don't remember which episode it was, but in it Frank says that his morning routine is to do coke so he has to afford a coke habit every day for his whole life, not just his quality control time.
You left out Party Mountain. I'm sure there is load of money in fracking a mountain while running an 80's show style distraction.
Keith Jay That was a cat food fever dream.
What about the sweat shops in Vietnam!?!
8:00
He was making money hand over fist. Literally.
He just completely dismisses that the sweatshop made any money without going into any detail as to why. I have to every reason to believe it was profitable for him otherwise he wouldn't have gotten into in the first place.
_Did no sweatshop.... there was no soup..._
He couldn't get any good data on that sweat shop, frank destroyed all the evidence far too well
I love all the concepts they’ve invented:
Rum-Ham, Milk-Steak, Toe-Knife, Blood-Bucket, Boiled-Denims, Fight-Milk & Wolf-Cola (which have to do with all the wolf hair and crow’s eggs near/in Charlie’s apartment)
Holy shit how did I never realize that about Wolf Cola
Toe-knife isn’t as rare as you’d think lol
Adderall is a hell of a drug
Húgõ Varela oooooh snortskies
Riterall?
Ooooo snortski!
Runham sounds like rum ham. Do with this information as you please
+Mega Sauce I actually had to do about 3 retakes because I kept saying rum ham
haha no way!
If you pronounce it like a Brit it could also be Run-um.
I'm a Brit but I prefer the one that sounds like rum ham for obvious reasons
Frank totally made the show more believable because the gang has financial backing for their shenanigans
Hey. We launched our subreddit. You should check that out or some junk. www.reddit.com/r/10KProductions/
The average COO salary is not $115k. And your tax calculations are crazy off. Where are you getting these numbers?
@@bidmcms3 business tax deduction could make it so low
Id say about 3. Maybe 4.
Rum hams?
Rum hams.
Carrot
Def sex bikes
"3 or 4 what? Weeks? Months?"
"Maybe even 5"
One thing... Controlling shares in a company actually isn't 51%. It's 67%, as a 1/3 of the shareholders can block sale of the company or major decisions of the President of the BOD.
very true. they do that to keep a majority owner was making rash decisions that might work against the other shareholders best interest. But if exactly 1/3 voted they would loose, seeing that it takes a 2/3 vote to win. They would need 1/3 of the votes plus 1 more vote to conquer a 2/3 vote system.
Samantha Bree It's more than 51% you idiot. Ever heard of IFRS 3?
rick sanchez why do you call me an idiot for saying the same thing you rehashed in your reply? Did you actually read the comment?
The actual intelligence of the average Rick and Morty fan. Hey Sanchez, go huff some more WD-40 and call it a day, alright?
I doubt you can read lol.
In the episode Gang hits the slopes Frank purchased entire ski resort s11e3
Konrad Stankiewicz
But then he would have made a lot more by fracking the whole thing
That was a cat food fever dream
This is tremendous! Frank’s entire clusterfuck of a timeline put together perfectly.
small detail you left out: dee was being paid less than minimum wage according to dennis in the kitten mittons episode
I like how 10k counts every cent but estimates the business values
I have a great premise for a new season!! If Frank “Mysteriously” dies, and leaves the gang his money, except with some bizarre stipulations as to how they can spend that money. After two or three episodes of crazy financial splurging, Frank reappears and takes all the money back....the last part is up for debate, but I think the rest sounds good lol
Finally! I’ve been hoping for this since Dwight!
Hey thanks for sticking around
It's Always Sunny has continuity problems? I always admired it for it's very strict continuity. Only issue I can think of is that Charlie mentioned having a sister in Season 1 that no longer exists.
What's weirder is that Bonnie's family shares the same name as his biological father.
By far the most intricate video I've ever seen. Especially on my favorite tv show. THUMBS UP!!!
You should do Gus Fring from Breaking Bad
I feel like calculating Franks worth is something they’d do on the show, revealing a valuation of 2 cents.
I could really do with a Wolf Cola right now
I think Frank knows he's Charlie's father 😂😂😂
This is the type of content I want TH-cam to put in my recommended page.
Dude, make the channel THIS. I love these kinds of videos.
There is an episode where we see a check that Frank writes out to his kids saying he's giving them all his money. The check is for 8 million dollars.
Shane Thomas
At the end of the episode, the check was void because it was dated from 2006.
Just because he put the wrong date on it doesn't mean he didn't have the money
Shane Thomas
Since the check was rendered void, the transaction doesn't happen. Therefore, the amount from the check never left Frank's account.
I mentioned the check because he said to his kids he was giving them all his money. If the check says 8 million that's all his money. He still has the 8 million. So this video made him richer then he really is.
Nah 8 mill is how rich he is in 2006, cus he thinks its 2006
At the beginning how is Frank only paying 10% in taxes? Is this because of assuming he will hide most of the cash biz part? Wouldn’t the IRS audit that sort of low number? What was the effective tax rate in that time too? Back then after 150K, thr normal tax rate was 90% (not effective tax rate)
sounds like a GTA storyline
This actually makes a lot of sense as to why the gang lives the way they do. I can't see Frank not leaving money for Dee and Dennis and Charlie after he dies or something, plus during his time alive he'll always bail them out of trouble. They know they can fuck up and still be good. I got a feeling Mac might be outta luck when it comes to inheritance.
Heck Charlie might be inheriting most of it and Dee and Dennis just get a couple thousand at moat
They were imagining what Frank would look like in the 70's. Remember how they said "everyone is a lot fatter than I thought they'd be" it wasn't a flashback. It was more showing what they pictured.
Also you gotta remember, when he lose his memory and think it was 8-10 years ago (cant remember exactly) he thought Dennis and Dee were gonna invent cell phone. And he blindly offered them 8 million dollar. Without hesitation
Doesn’t he also own Fight Milk?
which makes exactly 0 dollars a year minus the cost of Milk, Vodka, and Crow eggs
But but, doesn't he watch his profits soar high as a crow?
The UFC is still very popular so it’s safe to say that fight milk is still making money from people who want to lose weight. It is expensive to make though, crow eggs are not as cheap as you’d think. They are at least breaking even. Donald Cerrone helped spread the word of fight milk to everyone in that industry. Dana White mentions fight milk in several of his recent interviews and how it’s becoming a “big problem.” They are considering banning any substance with crows eggs due to malnutrition issues in fighters.
+Robert Blasingame
If I am not wrong though, isnt he using the losses as a profit by way of taxes? Companies, in USA, can offset taxes by a profit claim law. Thus, he probably claiming that loss on any taxes he may be "forced" to file.
@@tommyswain3762 CAW!
Similar houses in Philadelphia don't go for $159,000. You can buy a rundown row home for like 40 Grand in Philadelphia
$427 a month for a apartment in Philly? I pay $1150 monthly for a 500 square foot studio in Portland. I'm moving to Philly.
Keep in mind thats section 8 housing also you'd need to spend a lot on glue cat food and beer if you ever want to sleep also no heating in there
With all sincerity this channel needs more subs, a lot more I hope this channel grows into a multi million subscribers holding entity.. really 10k productions top notch content keep this up please you guys deserve more love
I find it funny that the Trash Man launders something.
Frank is like a real life Mr. Krabs, swindling everyone out of money.
You forget that Dee was tricked by Mac and Dennis into working for less than minimum wage when she started working at the bar
Frank also pays Dee's rent, at least for a while Dee brings up that he hasn't paid for a while and he needs to in an ep
$8,000,000.00. thats how much is on the check when he gives away all his money. so your baseline should just start from when frank joins the gang in season 2 with that being the figure hes worth after his divorce. so peiceing together or guessing prior to this point is kinda moot as we know how much he is worth at the start of the show.
caleb morgan But that would've made the video shorter and less entertaining.
1:48 that number is off. It suggests he was open every day of the week, but most clubs are only open on the weekends. I'd say it's closer to a million, or ~7,000 a night for 3 nights a week
What about when he fracked the mountain
The fact that someone had the idea to do this and actually do this makes me happy.
You forgot about his connections and his time in Vietnam. Frank could still be generating income through illicit means.
Guessing $20k in lawyer fees just exhibits you've never hired a lawyer
Ariel Titurel lmao yea 20k is laughable
He did hire, he never paid
The entire gang makes under minimum wage. As seen in the episode were Mac and Charlie get a job in the post service of a firm
That... that actually fits him well. I know Frank is like an animal... but a warthog
I never thought about it until I heard it... that is VEEEERY fitting.
I'm sure he also made money from stocks, funds, and savings interest.
Tax issue again. Working as CEO why is his tax rate under 16%. How different were taxes in the 60s? Nowadays, close to 15% goes to FICA (up to $115Kish per year then just medicare part). Say another 2.5% goes to the state. That’s already 17.5%. The rest of taxes are say 12.5% for federal. There may be some deductions with the FICA tax and some others he would do. Would he really be getting below 20% when some deductions don’t count as FICA tax nowadays so it’s hard as an employee to get under a 20% effective tax rate on your first $120Kish eligible SS tax for all your income taxes (federal, state, city, FICA)
Amazing detail! I loved it, the only minor detail that made no difference was Dee gets paid less than minimum wage lol
He tells us "Hey, now I'll be able to run ads" like we should be happy that we'll see more commercials...
Awesome that Mantis Toboggan helps save people’s lives and is doing well for himself. Very happy for him.
Awesome production quality. Sucks that TH-cam isn’t paying creators like you enough
You can always help us out on our patreon! patreon.com/10k
Frank's the best. Also, he being rich opens up a lot of directions the show can go.
I thought this video was gunna be about the gang trying to sell Frank
Both mac and charlie don't actually get minimum wage though, judging by their reactions from the mailroom gig, I'd say it's far below that (which is absolutely something frank would do)
Awesome video been looking for this info forever!
Ok but how much is Dr. Mantis Toboggan worth?
I started cracking up when you dropped his annual yearly gross, while looking at that funny picture of him!
Dude you've got to do more videos on the Sunny timeline
When u finally have enough money to buy a rum ham
Your saving calculations always bewilder me
Why? It's basic maths...
@@ajnode it's the percentage saved they are referring to.
So?
Nathaniel J. Capenos if frank was a normal person, yeah. His savings would be much lower, and sure frank spends tons of money on drugs and guns. BUT, as a whole. As stated frank needs the absolute bare minimum to survive. With all that "extra income", from like the trash he uses to plug up his wounds instead of actually buying bandaids. He can put away much more money than the average person who actually has shame
clearly a joke, i think his point is that no one saves that much
I appreciate you answering questions I sometimes pondered but never thought to ask
Its always sunny spin-off surrounding Franks young ages!
Yunus Emre Okutan Young Frank
I think it would end up being like an orgy porno drawn out over several seasons.
Dont you dare, they probably do it...lol.
Only if Danny plays Young Frank with the weave
@@Realoemo They could just have DeVito sing the "Young Sheldon" theme. It works perfectly. Frank is a mighty little man!
But they said that they pay less than minimum wage to dee and charlie. Dee for all merchandising rights, see episode paddys pub home of the kitten mitten
How rich is Danny Rand?
TH-camrs put more thought into the shows they review than the writers and i love it
You made an error when calculating the amount of stock Frank would need to be the majority shareholder. You determined that he had 51% of the stock, but by law, you need two thirds of a companies stock to be the majority shareholder. Since the 51% rule is just a movie law, but doesn't actually exist in the real world. So he would gain 10,693,226.64 rather then the 8,180,318.38 you said he sold the company for.
NColinCorfixsen Ever heard of IFRS 3?
There are laws put in place to protect smaller shareholders from someone who holds less then 2/3 of a companies stocks. Because the law specifies that unless you own 2/3 of the shares you single handedly vote on behave of the minority shareholders. Since what the stockholders agree on, affects everyone's stock, and as such, everyone's money. So should a person with 51% of stocks in a company, for any reason want to drive the company to ruins, then the minority shareholders are protected.
What you're sighting is what most call, Movie Laws, or Movie facts. Like the "fact" that we only use 15% of our brains, or that a cop has to tell you that their a cop or not. Or in this case, if you own 51% of a company, you can do anything you want with the company. It's made to simplify the laws, so that the audience can remember it more easily. And my sources for this information comes from a lawyer friend of mine, who works with this kinda stuff. So I'll take his word over yours any day of the week.
NColinCorfixsen Again, have you read the contents of IFRS 3 and 10? IIRC, you don't even need to own majority interest to consolidate the financial statements so long that there's de facto control.
By some chance, are you a CPA or an auditor to have experience over this matter?
NColinCorfixsen Oh and btw, if your "lawyer" friend had any experience on Business Combination and Consolidation, then I'm glad to admit defeat cause that pretty much means that my experience on these matters worthless.
If this is a tv show then the 51% established as movie law would be in effect here right?
You calculated a dime wrong at first it messed the whole next calculation.
How much did frank get in the financial bailout?
Now this is the quality content TH-cam needs
Wait I thought Frank got a job with the cartel and he was just the cocaine tester
He mentioned that.
Panda I know he mentions it but he states that he probably didn't make any money but that was a job for him was it not?
Joe Momma he was ‘quality control’ for his brother, but by getting addicted to cocaine it’s safe to assume most, if any money he was getting was being blown on coke
Ellis Collingborn I see what you did there.
Cocaine racks up the cost through export as many shipments are lost in some form and the rest of it has to make up for profits and wages. Cocaine directly in Columbia would be worth less and they would probably already have factored out some losses. It's likely he paid nothing doing all that cocaine and since he was again living at bare minimum it would have all been pocketed.
"The Gang Sells Frank"
i dont mean to be "that guy" but you forgot when frank was pimping dennis annnd he bought a chalice, looked to be 10 k later on he bought a wutless painting for 40 k lol and an air condition for i forget the amount but too much lol
Ive actually always wanted the answer to this!!!! Good work.
10:50 they pay dee below minimum wage tho?
When times are trying and I’m broke I just eat an egg and I feel better
Amazing video! You should do don draper from mad men next.
Garrett Weisbrot Draper might be too short of a video. Most of his net worth is from a few big sales- PPL, McCann's acquisition. Everything else is not that big in comparison, he was a partner at SCDP and he became partner at SC fairly quickly. He would've gotten a lower cash salary and a lot of equity.
Great video. You truly are a champion of the sun and master of karate.