Simón: never a millionaire, now earns €5,000 monthly via streams

From 'millionaire' to cyber-begging: the Simón case

Someone just paid €50 for a man to humiliate himself live. This man was once a respected economic analyst who managed private wealth. Now he is paid to degrade himself in real time. This scene encapsulates the story of Simón, former economic analyst and private banking manager whom much of the internet places today in "cyber-begging." The headline circulating everywhere —from millionaire to pauper— has a fundamental flaw: almost no one who claims to have known him remembers him as a millionaire.

Who was Simón before the streams?

Economist, top-tier consultant, and private banking manager. In his best years, according to circulating accounts, he earned around €200,000 gross annually, leaving between €8,000 and €9,000 net per month. Some claim, stating they knew him personally, that he made €10,000 monthly. That wasn't wealth; it was salary. And the salary went entirely out the door.

Some point out that he lived in company-provided housing and was an employee. Well-paid, nothing more. No equity stakes or dormant capital gains. When the paycheck stopped, there was no safety net underneath.

Was he ever a millionaire? The narrative collapses

Those who claim to know him are adamant: he never was. High-level consultant, private banking manager, yes. Millionaire, no. The most repeated piece of evidence is domestic and somewhat cruel: a tattoo artist publicly demanded €50 he owed for work. The inference drawn is that if you carry €50 debts, you have nowhere to fall.

Added to this, according to one user, his electricity was cut off relatively recently. The contrast with the "fallen millionaire" narrative isn't anecdotal: it defines the type of story. There wasn't a squandered fortune; there was enormous income-generating capacity and a mechanism — whatever it was — ensuring nothing remained.

How much does an elite cyber-begger earn today?

Here comes the uncomfortable data. The same man who can't afford €50 would now earn over €5,000 net monthly, according to estimates, with donations exceeding €200 daily. He spends all day broadcasting continuously, like a permanent reality show, and every so often receives a €20 or €50 contribution in exchange for a degrading challenge. To reach those €5,000 monthly, parallel calculations suggest 50 such acts each month.

The figures align with a known model of live streams sustained by audience donations.

Addiction as a financial black hole

It doesn't matter how much comes in. That's the most repeated argument and the hardest to refute: if there's addiction, spending absorbs everything received because there's no ceiling. Money stops being a budget and becomes a flow.

On the table is a parallel case told as a warning: a middle manager at Accenture, high salary, high pressure, tempting environment, and years later dependent in a second-hand shop. The conclusion half the internet draws: knowledge isn't lost, it burns. A respected analyst, clean tomorrow, would at best be unloading trucks.

It's worth hitting the brakes here: we're referring to mentions of addiction circulating on social media, not a clinical diagnosis. Any such situation requires professional help, not late-night broadcasts.

Someone who calculated corporate valuations now charges for live challenges. The disorienting fact isn't how much he earns, but how much remains: with that donation pace and spending pattern, the balance always returns to zero. Multiply what he bills by everything he drags along, and the result is zero.