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Papaplatte avoids €7 million debt due to tax advisor’s mistake

Josephine Lohmiller by Josephine Lohmiller
August 22, 2024
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Successful streamer Kevin “Papaplatte” Teller (27) revealed in a livestream with fellow influencer “Rewinside” (31) that he narrowly avoided millions of euros in debt.

Papaplatte avoids €7 million debt due to tax advisor’s mistake
Kevin “Papaplatte” Teller

The Twitch star shared that he was in the process of restructuring his company when a mistake made by his former tax advisor nearly cost him €7 million. “We barely managed to turn things around. If we hadn’t, I would have been €7 million in debt,” Kevin said.

“I’m trying to restructure my company a bit. There are several ways to do this, and the one my old tax advisor had in mind was nonsense,” he added.

The error was corrected just in time. While the 27-year-old didn’t disclose much more, he apparently has already found a new tax advisor.

https://www.tiktok.com/@quark786/video/7403109677191482656

Kevin “Papaplatte” Teller is a prominent German Twitch streamer and content creator known for his engaging and humorous style. He has been active on YouTube since 2012 and has gained significant popularity on Twitch, where he currently has over 1.5 million followers. Papaplatte is also the co-host of the popular “Edeltalk” podcast, which he runs alongside his friend and fellow content creator Dominik “MrReeze”. His content spans various genres, including gaming, vlogs, and podcasts, making him a versatile figure in the online entertainment industry.

In recent years, Papaplatte has expanded his presence across multiple social media platforms, including Instagram and Twitter, where he has amassed substantial followings. He continues to produce content regularly, streaming almost daily on Twitch and posting several videos weekly on his YouTube channels. His consistent engagement with his audience and diverse content offerings have solidified his status as a leading figure in the streaming community.

Tags: Kevin "Papaplatte" TellerTwitch stars

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