Steve Banerjee Net Worth: How Rich was the founder of Chippendales?

Somen “Steve” Banerjee was an entrepreneur of Indian descent who lived in the United States. Chippendales, a male strip dancing troupe, was founded by him. His life, however, would take a number of dramatic twists, including the assassination of his own partners and, eventually, his death. The net worth of Steve Banerjee is unknown and under investigation.

Full Name Somen “Steve” Banerjee
Birth Date October 8, 1946
Birth Place Mumbai, India
Profession Entrepreneur
Relationship Status N/A
Net Worth Under Review

Early Life

On the 8th of October, 1946, Somen Banerjee was born in Mumbai, India. His early life, schooling, and family information are all unknown.

Steve Banerjee Net Worth and Career

Steve opted to open a Mobil gas station early in his career, which he ran for a number of years. He was also engaged in the founding of a backgammon club at the time, which eventually failed. Despite this, he had saved enough money to purchase a near-bankruptcy club in Los Angeles named Destiny II.

He planned to turn it into a nightclub, complete with female mud wrestling and a Female Exotic Dancing Night. Steve, on the other hand, subsequently opted to implement a brand-new concept.

Instead of having female dancers and strippers, Steve proposed having male stripper dance companies that catered to females. This concept was first dismissed since it was difficult to find male dancers who were worried about their reputation and image if they participated.

However, as the program grew in popularity, more women began to participate. He teamed up with Nick De Noia, an award-winning producer, to instruct the male dancers.

Personal Life

In the nightclub industry, Chippendales was becoming a household name. However, as the company’s fame grew, Steve began to see Nick as a competitor and a danger to the empire he was building.

When Steve decided to hire a hitman to murder Nick, he did the unimaginable. Nick was assassinated, and it was subsequently discovered that he had plotted to assassinate some of the choreographers and dancers who he considered a danger.

Later, he was found guilty of a number of offenses, including murder plots. He was condemned to a lengthy prison term as a consequence. After hearing this, many people assumed Steve was unhappy, but few realized the degree of his depression until he committed himself on October 23, 1994.

Irene Banerjee was his wife, although they divorced the same year he committed himself. Steve Banarjee’s tale has several times in the media since then, notably in the 2000 film The Chippendales Murder.

Steve Banerjee Net Worth

Steve Banerjee’s net worth hasn’t been as of 2022. He was the first to launch Chippendales, a pioneering concept. They were selling a million copies of their calendars each year at its peak popularity while he was in charge.

Furthermore, they were profiting $25,000 every week from this operation, resulting in a total income of almost $8 million. However, following his demise, the company’s sales plummeted, and Steve’s share of the profits plummeted as well, finally sinking to zero after his prison sentence.

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