Rich Dudes│How Andrew Shulz Joked His Way to a Seven-Figure Net Worth

Rich Dudes│How Andrew Shulz Joked His Way to a Seven-Figure Net Worth

Andrew Schulz isn’t afraid of controversy and has a $4 million net worth to prove it. Here's how Shulzy bet on himself and won.

Rich Dudes│How Andrew Shulz Joked His Way to a Seven-Figure Net Worth
MoneyMade

ByMoneyMade

Updated Jan 24, 2023

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Andrew Schulz may have initially made his millions through stand-up comedy, but how he grew his wealth to seven-figures is no laughing matter.

The American stand-up comedian is also an Internet personality, podcaster, actor, and producer. As of 2023, his net worth is s approximately $4 million.

Schulz’s biggest investment was himself. He reportedly paid upwards of $1 million to buy back his comedy special, and it paid off—he ended up making 3x his initial investment.

He is best known for his work on MTV’s Guy Code, the Flagrant 2 podcast, and his Netflix comedy special, 'Schulz Saves America.'

Schulz also produced and starred in several comedy specials on YouTube. Before he amassed a dedicated fanbase of 2.4 million on Instagram and 2.6 million on his Andrew Schulz YouTube channel, Schulzy was an 18-year-old kid doing stand-up comedy at UC Santa Barbara.

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But when the cameras aren’t rolling, Andrew dives into the world of investing, specifically in different startup businesses. This is one of the reasons his assets have grown so much in the last few years.

Here's how Andrew Schulz earned his wealth and why millions of people consider him the most influential comic around.

Andrew Schulz net worth at a glance:

Net worth

$4 million

Born

October 30, 1983

Nationality

American born in New York City

Became a millionaire at

33

Occupations

Stand-up comedian, TV and Internet personality, actor, and producer

Sources of wealth

The Flagrant Podcast endorsements, reality television career, acting, standup comedy specials.

Asset classes

Watches, startups, and cars

Andrew Schulz’s early life

Andrew Cameron Schulz was born on October 30, 1987. His dad was a military veteran who worked as a news reporter, while his mom was a former professional ballroom dancer who ran the Sandra Cameron dance center.

At a young age, Schulz discovered his talent for comedy. He started doing stand-up at local restaurants and bars in college. This led him to his first big performance at the international Edinburgh Comedy Festival in Scotland in 2008. The laughter and positive feedback from his audience was immediate.

How Andrew Schulz made his money

In 2009, Schulz got his big break with an appearance on the TV show Rise of the Radio Show. A year later, he debuted on MTV during its New Year’s Bash special, and was on all five seasons of Guy Code.

He’s acted in shows like Sneaky Pete and Benders, too. However, Schilz’s main claim to fame is his comedy specials that air on Youtube and other streaming platforms.

Andrew Schulz’s YouTube channel

To leverage his growing popularity, Andrew Schulz launched his own YouTube channel in May 2009. Today, he has over 2.6 million subscribers and has uploaded more than 720 videos.

On average, he brings in a grand total of $50,000 every month from ad revenue—not bad for a guy just talking in front of a camera.

His podcasts, Flagrant 2 and The Brilliant Idiots, are estimated to earn him an additional $1 million per year.

Andrew Schulz's standup comedy

Besides being an Internet and TV personality, Andrew Schulz also produces podcasts, shows, and comedy specials. He partnered with YouTube and Netflix between 2017 and 2022 to launch several online shows. 

But Schulzy's most memorable work came in the form of ‘Infamous,’ a comedy special that chronicles his ten-month tour around Austin, Texas. Initially, he partnered with Amazon Prime, which was the highest-bidding streaming platform. But he had to buy back his rights to the show when the company insisted on censoring his jokes.

Schulz’s biggest investment was himself. He reportedly paid upwards of $1 million to buy back his comedy special, and it paid off—he ended up making 3x his initial investment.

Comedy gold

Memes or reels?

How Andrew Schulz invests his money

Andrew Schulz didn’t just earn his millions through dedication and grit alone. He was smart with his money, too. According to him, if you want to follow in his footsteps, you’ll need to save as much as possible, then invest them in practical assets.

Besides his career as a celebrity, Schulz has also diversified into luxury cars and watches as well as his own fashion brand. He currently owns the clothing brand Fashun (intentionally misspelled) which sells his posters, tees, hoodies, sweatshirts, and other merchandise.

He has also invested in other business ventures, such as a recording studio and film production company, but he hasn’t shared many details about those projects publicly.

Other notable assets he owns include a house in California, an apartment in Manhattan, and his podcast studio in New York.

Real estate

As Andrew Schulz’s career exploded, traveling back and forth between California and New York became a hassle. The solution? Buying properties in both states. He currently shares the properties with his wife, Emma Turner.


While we may not have a lot of details on the size or exact location, estimating the price per square foot isn’t that difficult.

According to American Home Shield, New York City properties are the most valuable properties in America, with an average price per square foot of $1,520.

Santa Barbara, California, isn’t far behind with an estimated value of $967 per square foot.

Real estate is one of the most stable investment assets. For instance, prices of homes across the US have already increased by 14.8% from May 2021 to May 2022.

The real estate industry in the U.S. is currently valued at a massive $156.2 billion. With prices of both residential and commercial properties expected to keep climbing, real estate continues to be a lucrative investment opportunity.

Watches

Even though Andrew Schulz generally lives a simple life, he does have impeccable taste in watches.

According to the website Time + Tide, he celebrated his growing success by buying himself an Audemar Piguet Royal Oak (ref. 15500ST.OO.1220ST.02), one of the most stylish sports watches around worth about $87,000.

Before that, Schulz was also spotted wearing a Rolex Submariner Date that cost him about $15,000.

Of course, this was way back in 2021. He’s probably added a few more pieces to his growing watch collection.

Andrew Schulz rocking an AP Royal Oak while performing standup at the Helium comedy club.
Source: timeandtidewatches.com

Rich people often invest in watches because its value rarely depreciates, and you can fetch a hefty return when investing in the right models at the right time.

Watch industry revenue in the U.S. is currently around $12.44 billion. That number is expected to grow 1.44% annually from 2023 all the way up to 2026.

Nowadays, luxury watch waiting lists can last up to 3 years. Growing demand has only made owning a timepiece that much more prestigious. So if you're impatient and want in on the timepiece action, sign up for Rally.

Investing in collectibles is a piece of cake with Rally because they let you add shares of Rolex watches to your portfolio for pocket change, plus you can sell whenever you want.

Cars

Cars are another asset Andrew Schulz enjoys. As his success grew over the years, so has his collection of automobiles.

Some notable models that are parked in his garage are a Chevrolet Impala, Ford Mustang, and Mercedes-Benz.

Although Schulz hasn’t shared extensive details about his collection, it’s safe to assume that the total value is upwards of $100k.

Every dude dreams of owning a classic car, and the numbers don’t lie. The car industry’s revenue is expected to reach $7.551 billion in 2023, growing at a steady pace of 5% until 2027.

Although this may not be by much, the forecasts are indeed very promising. After all, the United States has always been one of the strongest markets for such assets.

Startups

When you think of start-ups, you might imagine investors in suits, but Andrew Schulz’s start-up experience is different because the company he invested in is his own.

As mentioned earlier, he founded a gifts and apparel company called Fashun which sells his clothing line. The price of his merchandise ranges anywhere from $65 for hoodies, $35 for t-shirts, $55 for sweatshirts, and $50 for posters.

We may not know exactly what Fashun’s monthly sales are, but judging from the number of sold-out items on their website, business seems to be good.

To boost sales and traffic, Schulz constantly cross-promote this brand on both his Twitter and Instagram. And with each one boasting millions of followers, getting the word out isn’t very hard.

Schulz often posts about Fashun on his various social media channels to cross-promote his clothing brand.
Source: explodingtopics.com

Investing in a startup company can be quite tricky. Rather than studying performance or profitability scores, investors are banking on one person’s idea. The good news, though, is that investing in the right entrepreneur can yield a hefty return.

While the risk is well-documented, the United States is home to the largest number of unicorns (ventures currently valued at $1 Billion). As a result, nearly 3 million new jobs were created by U.S. startups.

Since lack of funding is the biggest factor for why startups fail, startups rely heavily on venture capitalists. That's why more and more investors are jumping aboard pre-IPO companies as a way to diversify their portfolios.

Andrew Schulz investing quotes 

1. Perfect your craft

2. Don’t be afraid to swing big

3. Bet on your community

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