meta_pixel
Tapesearch Logo
Networth and Chill with Your Rich BFF

How Mike 'The Situation' Turned His Darkest Days into Millions

Networth and Chill with Your Rich BFF

Vivian Tu

News, Business, Careers, Business News, Entrepreneurship

4.41.6K Ratings

🗓️ 23 April 2025

⏱️ 36 minutes

🧾️ Download transcript

Summary

The comeback is always greater than the setback! In this week’s episode of Networth and Chill, Mike "The Situation" Sorrentino gets candid about his journey through financial turbulence. Mike shares the harsh lessons learned from his tax evasion case that led to prison time, and how he rebuilt his financial portfolio from rock bottom. Mike reveals his current business ventures and how sobriety has transformed not just his personal life but his approach to wealth management. From everyone’s favorite on Jersey Shore to a multimillionaire business owner, Mike truly proves that “the comeback is ALWAYS greater than the setback!” Find Mike on Instagram HERE and check out his book https://mikethesituationbook.com/ Follow the podcast on Instagram and TikTok! Got a financial question you want answered in a future episode? Email us at [email protected] Thank you to our sponsors: Amazon Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

I was flying by the seat of my pants. I just thought my talent and my presence on screen would carry me through no matter what I did.

0:08.7

As I followed through my career, that couldn't be farthest from the truth.

0:11.8

Talent's going to take you places, but work ethic's going to bring you home.

0:15.2

If you're making all that money, you need to know what to do with it.

0:18.0

You need to, you know, make sure that you are paying your taxes. You need to have a good eye on your financial house and everything that's in it. And at that

0:26.8

time, I just wasn't. I was really just, whatever happens happens in life.

0:43.9

What's up, rich friends? Welcome back to another episode of Networth and Chill with me your host, Vivian 2, aka Your Rich BFF. So today, we're going to talk a little bit about something

0:50.0

that I am really passionate about. Reality TV. I am a fiend for the dating show, the game show, the social experiment, whatever it is.

0:58.2

I have seen it and I have loved it.

1:00.6

And I feel like as a millennial, reality TV was such a big part of my growing up and it's

1:07.2

really stuck with me.

1:08.1

And there was one show in particular that made an impact unlike any other Jersey Shore.

1:16.7

And today I have brought on one of the most iconic members of the cast here with us today,

1:22.2

from Jim Tan Laundry to coining the term Dirty Little hamster to starting a business empire everyone please

1:29.8

welcome mike the situation sorrentina yes it's happening thank you so much for uh having me i'm very

1:34.7

excited about today i'm so excited to chat before we get into everything i want to do a little bit of an ice

1:39.7

breaker okay so f mary kill jim tan laundry oh my god support for net worth and chill comes from am Okay. So F. Mary Kill, Jim Tan Laundry.

1:45.2

Oh, my God.

1:46.4

Support for Net Worth and Chill comes from Amazon Pharmacy.

1:49.2

The last thing you want to do when you're sick is go pick up your prescription at the pharmacy

1:53.7

because then you're standing in a long line with a whole bunch of other sick people.

1:58.4

And everyone is sick of being sick,

...

Transcript will be available on the free plan in 22 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from Vivian Tu, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Vivian Tu and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.