Quick Facts of Turner Ellis Tenney (Tfue)
| Net Worth | $6 million |
|---|---|
| Name | Turner Ellis Tenney |
| Date of Birth | January 2, 1998 |
| Nationality | American |
| Profession | eSports Gamer, Twitch Streamer and YouTuber |
| Popularly known as | Tfue |
| Active from | 2014 - Present |
Tfue’s net worth: $6 million
Introduction
Tuner Ellis Tenney is an American popularly known as Tfue. He is a professional eSports gamer, Twitch Streamer and a Youtuber.
He has over 6+Million followers on Twitch and 10+Million subscribers on YouTube. He played titles such as Halo, H1Z1, PUBG and Call of Duty. Presently his game of choice is Fortune Battle Royale. He is a popular Youtuber with a channel name “JoogSquad”.
Career Highlights:
His interest in video games started at an early age and started with the first-person shooter ‘Halo’ which was created by Bungie. And he eventually got into battle royale craze. He was using his brother’s YouTube channel for some time but eventually went on to create his own YouTube channel by name JoogSquad in May 2014. Call of Duty and Destiny were his first games to be played and streamed online.
Turner skills were recognised and was invited to partner with Twitch. Since then, he played for “Unknown’s Battlegrounds” and “Fortnite”, “Battle Royale” and H1Z1. He holds a world record for most solo kills in Fortnite. He is known for his trick shots, no scopes and accuracy.
Since then his YouTube followers have grown multiple folds to 10+Million and more than 900+Million views on one side and the same trend continued in Twitch too with 6+Million followers and 125+million views. He is rated one among the best players in the Fortnite community and were given titles such as “Ninja” and “Myth”.
Later, Turner has joined ‘Faze Clan’ a reputed and most popular organisation in the world specialized in games. He played the number of tournaments along with Faze Cloak and brought reputation to the organisation. This eSports organisation is specialized in Fortnite, Overwatch, FIFA, PUBG, Counter-Strike and Call of Duty. With time Tuner increased his followers base in all social media platforms like Instagram, twitter etc., All his social media accounts were hacked in August 2018 but were recovered.
Sources of Income:
Most of his earnings are from Twitch subscribers and donations, YouTube advertisements, eSport tournament wins and Amazon affiliate sales.
YouTube followers with 10+Million and more than 900+Million views
Twitch too with 6+Million followers and 125+million views.
What does Net Worth Mean?
What is a Net Worth?
It is a quantitative concept which measures the value of an entity. It is applicable ranging from an individual to companies, organizations, sectors and a country as a whole. To put it simply, it is the difference between assets and liabilities. A positive net worth means assets are greater than liabilities, whereas negative net worth mean liabilities are greater than assets.
Formula:
Net Worth = Assets – Liabilities
A little more into Net Worth Concept:
Net worth conveys the financial health of any entity. Asset is anything that is owned and has a monetary value to it while liabilities is a commitment that deplete resources. Assets can be liquid or which can turn into liquid ( example: bank check ). They are non-liquid when they take time to turn into cash (like for example Home). Whereas liability is an obligation that has to be repaid ( example: home loan, car loan etc.,)
Any financial institution or 3rd party look at your assets and liabilities to understand the financial position. Positive net worth or increasing asset base indicates good financial health while negative net worth or increasing liabilities means a bad financial health condition.
It is always a good habit for any entity to maintain a reduce liabilities and increase or maintain a balanced asset base.
What does a Net Worth Mean to a person?
In simple terms, it means the value that is left after subtracting liabilities from assets. Few Examples of liabilities include car loans, student loans, home loans, credit card bills, and other mortgages etc., whereas an individual’s assets are amount in the savings account, home, vehicle, bonds, stocks and other material that has value.
In other words, whatever is left after paying off all the personal debt from asset base is net worth. It is important to understand that value of net worth varies as per the market value of assets and current debt costs.
For example:
Consider a case of Ramu Johnson. His assets include a house valued at $350000, shares worth $150000 and a car worth $35000. His liabilities include a mortgage balance of
$150000 and an outstanding car loan $15000 to be paid.
Now Ramu Johnson’s Net Worth = ($350000+$150000+$35000) – ($150000+$15000)
= ($535000 ) – ($165000)
= $370000
Assuming Ramu Johnson’s financial position after five years as follows –
House value at $350000, Shares value at $180000, savings $ 40000 and car value $25000. While mortgage loan $120000, car loan $0 (paid off).
The Net worth after 5 years would = ($350000+$180000+$ 40000 + $25000 ) – ($120000)
= $595000 – $120000
= $475000
Here it is understood that, although the fact that the value of a house and car decrease, the net worth have increased to $475000. It is because a decline in house loan is less than the overall asset base and decrease in liabilities.
Note that, an individual’s net worth can be negative if his asset base is less than liabilities.
What does net worth mean for celebrities?
Most often celebrities fall under High Net worth Individuals. And what does HNWI mean?
People with considerable net worth as called as HNWI.
Independent Charted Accounts, wealth managers and investment counsellors stay close to them making them as prime markets.
As per Securities and Exchange Commission( SEC), investors more than 1Million are considered as accredited investors to invite them to invest in unrequested securities.
Is 401k part of net worth?
As per the definition, 401K is also a part of net worth if it is calculated in terms of assets and liabilities. But, in this case, 401K have no specifics as in, therefore it cannot be measured.
What is the average American net worth?
Like any entities net worth a countries net worth can be calculated as below. It is a sum of net worth of all individuals (citizens), companies and organizations reside in America, plus countries net worth. In America, this measure is referred to as financial position.
As on quarter 1 2014, America’s financial position =
Assets ( $269.6 trillion) – liabilities ($145.8 trillion ) = $123.8 trillion.
What is a good net worth by age?
| Age of Household | Median Net Worth |
|---|---|
| Under 35 years | $6,900 |
| 35 to 44 years | $45,740 |
| 45 to 54 years | $100,404 |
| 55 – 64 years | $164,498 |
| 65 – 69 years | $193,833 |
| 70 – 74 years | $225,390 |
| 65 – 75 Years | $202,950 |
| 75 + Years | $197,758 |
What is the net worth of the top 1%, 5%, 10%?
As in America, wealth distribution is as follows
Richest 1% of the population owned 35% of the country’s total wealth
Richest 5% of the population owned 11% of the country’s total wealth
Richest 10% of the population owned 12% of the country’s total wealth
Expenditure pattern:
Much of his expenditure pattern is not revealed to the outside world, but it is believed that some of his income is used to make Videos and for personal use.
Success lessons from Jimmy Donaldson’s net worth:
- Turner never gave up on his passion even after Twitch kicked him off in the beginning of his career and was able to continue in the race by getting into one of the worlds popular organizations.
- He was utterly disappointed to know his contract with Faze company was one side and most of his revenue is looted by them, but then he kept his spirit high in believing his game leaving it to attorney after filing a lawsuit against them.
- His passion and discipline toward game is a clear sign and a message to the younger generation to follow what you love the most.
