How Rich is Pornhub’s Co-owner?
If there’s one thing we know about the adult entertainment industry, it’s that it’s been surrounded by a lot of controversies lately that stem from Christian beliefs or are purely criminal. Yet, as carefully explored in Netflix’s “Money Shot: The Pornhub Story,” the titular porn platform has found itself in the middle of it all because of its incredible brand name. So now, if you just want to know more about the way how this whole complex ordeal affects site co-owner Feras Antoon, especially financially, we’ve got the important details for you.
How does Feras Antoon make money?
Although Feras was born on June 29, 1975 in the beautiful city of Damascus, Syria, he grew up primarily in Quebec, Canada, as his family soon decided to relocate for better opportunities. So he got his core education at a local high school, and then in the late 1990s, studied for a bachelor’s degree in engineering from Montreal’s prestigious public research Concordia University. There, he met fellow engineers Stephane Manos, Ouissam Youssef, Matt Keezer and David Tassillo for the first time in a foosball tournament, and they formed a close bond.
In fact, Feras’ connection to these classmates/alma mater was so deep that he co-founded his first porn site, Brazzers, for Mansef Productions in the mid-2000s. As such, he initially focused only on the distribution of explicit videos in the big-breasted, older women category, and over time expanded his wings by experiencing other aspects of pornography as well. However, after industry tycoon Fabian Thylmann stepped in and made Mansef part of his own conglomerate Manwin in 2010, the Syrian-Canadian chose to become a manager.
Despite the $140 million deal, Feras didn’t want to give up his hard work like three of the original five partners did, meaning he and David Tassillo joined Manwin alone as senior executives. That apparent loyalty was ostensibly one reason Fabian resold the entire business to the duo, as well as investor Bernd Bergmair, for nearly $100 million following his arrest for tax evasion in 2012. MindGeek, which already has Pornhub, Brazzers, Redtube, Youporn, Xtube, and several other subsidiaries under its name.
In fact, by 2013, the company was already a well-oiled machine, but it was new CEO Feras’ unique way of running it that helped it become a full-fledged monopoly. So, of course, they gained significant fame, fame, success, and fortune over the next few years, that is, until 2020 when the New York Times revealed allegations of sex abuse/trafficking at Pornhub. This obviously affected MindGeek’s traffic—though not much given the different alternatives—but the public backlash still led to Feras permanently resigning from his post in the summer of 2022.
Feras Antoon net worth
Although Feras leaves his job at MindGeek in 2022, he remains its co-owner and therefore its beneficiary until Ethical Capital Partners (ECP) acquired It goes on sale in March 2023. So, with the massive sale to the private equity firm and the fact that the company has been generating at least $20-400 million in annual revenue over the past few years, the Montreal native is certainly a rich man.It has also been reported that the former CEO owns substantial real estate holdings in his Canadian hometown, so by our best estimates, Feras has a net worth of approximately Currently $10 million.
Read more: David Tassillo: Where is Pornhub’s co-owner now?