The D’Amelio Brothers Almost Bought TikTok

The family of the D'Amelio brothers, the two highest-paid names of TikTok, announced that they will almost buy the platform.
 The D’Amelio Brothers Almost Bought TikTok
READING NOW The D’Amelio Brothers Almost Bought TikTok

TikTok, one of the largest revenue streams for content producers, continues to stand on the verge of a general ban in the US. Today, very interesting news came about TikTok, which is at the distance of the slightest friction with China.

The family of the brothers Charlie D’Amelio and Dixie D’Amalio, who have been TikTok’s highest-paid content producers over the years, wanted to buy TikTok completely. As you know, this event, whose documentary we will have the potential to watch in a very short time, did not take place.

TikTok’s giants stopped buying the platform:

Marc D’Amelio, father of the D’Amelio family, shared on Twitter on April 18, “I’m bringing together a group of investors to buy TikTok.” had used the words. But within three days he turned away from this idea.

Answering the question of journalists at the Content Creator Economy Summit, D’Amelio announced that this idea is no longer on the table. He simply shared his reason as follows:

“Very expensive.”

Of course, buying TikTok, which is valued at 60 billion dollars, is not for every brave man. However, D’Amelio also reiterated that they have this power:

“We’ve raised a lot of money for D’Amelio Brands and we have the connections to do it.”

The D’Amelio family had founded their own kingdom, D’Amelio Brands, about 8 months ago. The company had received a seed investment of 6 million dollars. It was shared that the company’s activities are to develop its own fashion, beauty and lifestyle products.

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