Steve Banerjee was a famous American entrepreneur. He is widely known for being the founder of a strip dance group for male dancers named Chippendales. As of 2022, Steve Banerjee has an approximate net worth of $5 million.
On 8 October 1946, Somen Steve Banerjee was born in Mumbai, India. He spent most of his time in Mumbai. But then, he shifted to Los Angeles, United States of America. But there is no information about him available on the internet or on social media platforms.
Biography of Steve Banerjee
|Somen Steve Banerjee
|Date of Birth
|8 October 1946
|Date of Death
|23 October 1994
|Place of Birth
|5 feet 9 inches
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Steve Banerjee began working in a gas station. There, he worked for many years. Later on, Steve Banerjee started a club of backgammon. But the business failed. On the other hand, he gathered some capital and decided to buy a club named Destiny II in Los Angeles. But it ended up in bankruptcy.
After a while, Steve made the club into a nightclub where he put a special feature which was female wrestling in mud, and a dance club. But Steve Banerjee decided to put in a new feature which was new at that time.
Despite female dancers, Steve Banerjee thought about male strippers. But he thought it would not work because a male dancer’s image and reputation depend on the work. Then many ladies were coming to the club to train the male dancers.
Moreover, to train the dancers, Steve Banerjee contacted an award winner named Nick De Noia. Within a month, they were trained and started dancing in the dance club.
Steve Banerjee net worth
Steve Banerjee had an estimated net worth of $5 million. But his revenue was shrinking after he went to prison. There is no actual information about the net worth anywhere on the internet or on social media platforms.
So, we have provided an estimated net worth by merging all payments Steve Banerjee earned throughout his career.
How does Steve Banerjee make money?
While working in the Mobil gas station, Steve earned around 100 dollars per day. At that time, 100 dollars was a lot. So, he decided to start his own nightclub. From here, he made more than 30 thousand dollars. Steve Banerjee gathered around a million dollars to make a business in the capital of Los Angeles.
A nightclub owner can earn in many ways. They are-
- Special Events
- Fashion Design
Steve Banerjee made most of his money through business. Moreover, he had millions of fans and followers on the internet and social media platforms to cheer him up. According to our sources, Steve Banerjee made more than 25 thousand dollars each week from his dance club.
While the owner of a nightclub, Steve Banerjee made a lot of fortunes to expand his wealth. In the nightclub, many clients donated not less than 10 thousand dollars. Moreover, Chippendales sold many wines and drugs too. So, he made around two million dollars easily.
According to IMDb, Steve Banerjee worked as an executive producer in many television shows which were based on his business, including Chippendales, Tall, Dark and Handsome, Ladies Knight, and Curse of the Chippendales. From here, he made more than a million dollars.
Moreover, Chippendales sold millions of calendars every year. From here, he made more than three million dollars each year. However, at the time of his death, the business gave him more than 8 million dollars every year on average.
Steve Banerjee married Irene Banerjee. But when he got sentenced to prison, Irene decided to separate from his life and made a new life for herself.
What is the death cause of Steve Banerjee?
Chippendales was popular at that time and contacted a producer named Nick. But Steve Banerjee saw him as a threat. So, Steve hired a hitman to kill Nick. Besides, he killed some of the trainers too, who were a threat to his business.
Later on, Steve was charged with many crimes, like murders. So, he was sentenced to prison in Los Angeles. Many people knew that he was depressed because of the decision of the Los Angeles court. While in depression, on 23 October 1994, Somen Steve Banerjee committed suicide in the prison.