Living like you, there's a lot of rich people in the world, but there's not a lot of rich people living like you. So, first of all, before we even get started, i salute you, sir. I went broke so i was just like it was a. It was a wild ride.

Oh this guy dude. What is dan bilzerian, actually at poker? Where did dan get his money from? How you may ask? Does this billionaire playboy philanthropist this guy? I beat one guy for 54 million, i mean i won 10 and a half and another night. I beat another guy for 10.. He claims to have won over 50 million dollars in one year of playing poker he's the son of convicted corporate fraudster paul bilzerian.

The trust fund ponzi scheme, inheriting pseudo commando wannabe kirkland brand, hugh hefner paul bilzerian, a wall street felon. I think night - is dead in the water, we're just waiting for the official announcement to have no cash. They have no operations, nothing is going on with ignite it's game over. There was always something a little bit weird about him.

Don't you think whether it was an inability to accept the reality of his eccentric lifestyle or the prolonged awkwardness? Whenever anyone guys give me yeah, isn't it guys he took so many pictures with hot girls? Girls are literally naked. I saw so many titties and nipples on these pictures with insane amount dude. Can we scan the video to make sure we don't get it? How much money have you made playing poker? I don't know i i mean something felt off every time. So when an overwhelming array of evidence came forward regarding the fake golden facade of dan bilzerian's dream lifestyle, i think it's safe to say that no one was all that surprised, but the real question might be.

How did he even get to the point of having that fake golden facade and how did it all come crashing down? How did dan bilzerian go from a dude who got kicked out of high school for bringing guns to school? I kicked out high school and joined the military to a guy living, almost the dream: lifestyle to a guy who's being roasted by every corner of the internet for being a fake and a fraud. The entire time after hours of extensive research, i bring you the rise and fall of a man who built his life on a lie. Dan bilzerian kind of bad ass, they'll be honest, lavish holidays high status, the ability to do whatever you want. Whenever you want all aspects of the filthy, rich style, i'll set the scene for you paid or not fake or not he still kind of did.

It was still on the yachts, with a butt, with a bunch of cool with a bunch of like cars and guns, and i guess it's because it's gone specifically suits with shoulder pads pants with suspenders and when dodgy wall straight raiders were abusing financial loopholes to make Cash hand over fist. One of these slick wall street swindlers was an individual by the name of paul bilzerian, a businessman real estate investor and corporate takeover specialist who, by abusing these loopholes, managed to make upwards of 400 million dollars in certain specific years, still made. 400 million that year, you know suck poor. Paul bilzerian had been so successful that he decided to set up a trust fund for his two kids, daniel and adam bilzerian, who at the time were both younger than 10 years old.

Now, whether the trust fund was set up under the guise of compassion or the security of his kids futures, there was somewhat of a catch to the fund. Much of the money in there had possibly come from a legal activity he's indicted for like tax and security fraud, yeah yeah, i don't know in 1989, paul bilzerian was convicted of fraud conspiracy and making false statements to wall street governing bodies. Your father was a corporate takeover specialist. He went to jail for his business practice.

Much of his fortune had been made illegally. Paul bilzerian was ordered to pay his entire net worth of 62 million dollars to the government, as well as serve 13 months in prison. What about the rest of the world how'd you find out if he was going to jail, gon na be going away, and i was like well what do you mean he's like? Oh well, you know we didn't get this appeal, so it's safe to say that by ten years do they really have all the numbers and every scent that's hidden somewhere. Those of these guys, like have a bunch of money like everywhere dude and some of it is bound to seep through the cracks for sure dude.

His son, daniel bilzerian, didn't exactly have the greatest role model when it came to being honest in business. But the story doesn't end there by 1991, two years after his conviction, paul bilzerian filed for bankruptcy, a bizarre move considering just two years previously he had a net worth of 62 million dollars. Where could the money have gone well? This is where things get a bit gray, but it seems as though much of the money was put into the trust fund set up for adam and dan bilzerian. Well, in 97, the trust fund was worth around 12 million dollars, which puts dan balzerian's net worth at 6 million by the age of 17, assuming a 50 50 split between him and his brother, safe to say, a pretty decent headquarters, wait a minute or him in The guys is that is that that's straight shut up, or is there no tax on that life, comparing it to his peers? Well, i guess, like a bank account in the beginning, let's progress a little bit here, paul malzarian, going to jail, began somewhat of a chain reaction for what would happen to dan bilzerian through his teenage years.

The imprisonment of his father led dan bilzerian to get excessively bullied at school, which he described as traumatizing. I sucked man, you know you got to go to school and all these kids are making fun and your dad's going to jail. It's like, i was kind of traumatizing a moment, the result of the bullying and perhaps a lack of guidance from a father figure in the household caused dan to lose interest in school, slacking off and being kicked out in the seventh grade. I mean look.

I got kicked out of school seventh grade, so i ended up living with my uncle dan bilzerian then went to military school, then public school, where dan would make somewhat of a stupid decision, ultimately landing him in prison. I got thrown in jail. My senior year, so they didn't really have a scene. What do you got? A jail for at the age of 17 dan was kicked out of his senior year of high school for having a machine, gun and shotgun in the back of his car.

Not only was dan kicked out of school, he was also thrown in jail for the incident i got thrown in jail, um my senior high school, so i didn't graduate so with the little information we have on dan bilzerian's early years, it's safe to say that he Wasn't really suited to school, so what could be the best alternative to school for dan? Well, i mean he could have gotten a job on a construction site or maybe a local fast food place, but neither of those seem somewhat appropriate for his personality type. So, instead dan bulzerian decided to join the military, with the hope of becoming a navy seal at the age of 18. But there was a problem here started running. I got an overuse.

Injury turned into stress fracture as soon as dan bilzerin began military training. I fractured both of his legs from overuse assumably from training too hard. Now this was an awful outcome for dan, considering he was about to join the military, and most individuals would have just given up at that point of breaking both your legs. But what happened next did nothing besides display the insane work ethic and resilience of dan bilzerian.

He went through navy seal hell week, stereotypically the most brutal week in the entirety of the military on two broken legs. Look just give me a shot, i'm already here like. Let me just train um. What's the worst that can happen, he's like i'll bet.

You 100 bucks, you don't make it through your legs are destroyed, like i can't believe you can walk them. So you crushed your own legs to get off the boat and then tried to get in the seal truck. I made it two days before graduation and i got rolled all the way back to the beginning and my uh, the officer in charge of my class. He didn't really like me, so he had me on watch every single night.

The whole course again, so they rolled me all the way back and did the whole thing. He couldn't even find excuses. The third time he just admin dropped me. I didn't even know that was like a thing i didn't know you could get admin drop, but just as displayed after everything, dan was unable to complete military training owing to his injuries dan had to drop out of the military at the time being devastating, but later Describing his military dropout to be a blessing in disguise at around age 22.

After having to leave the military dan balzerian decided to go to college, where he would learn the skill that would apparently lead to his financial freedom. I i went to college. When did you have and that's where you learn how to play poker yeah, my brother taught me and then i was playing in college. I was playing like some online stuff.

I had a couple fraternity brothers that were real into it and they taught me a little bit. Do you remember how we mentioned that dan balzerian had a brother towards the start of our story? Well that brother, an individual by the name of adam balzerian, happened to be a professional poker player in college. My brother taught me how to play poker after receiving six thousand dollars from his honorable military discharge. Dan bilzerian began playing poker.

You know i was getting the gi bill and the va was paying me and i was getting grants and everything for uh for school, and so i was making pretty good money for a college student dan began by playing with his brother, then with college friends. Then finally, online, but in the beginning, dan wasn't very good because only one year after beginning in his second year of college dan went broke, went broke my sophomore year. So what was his solution? Not to stop gambling and you know, make money with a guaranteed method, but instead to sell three guns to fund more gambling. I actually had to like sell three of my guns.

Um and then i took that money went and like played on this gambling boat, and while this sounds like the stereotypical pathway of a problem gambler, this would actually prove to be one of the smartest choices dead would make. In his early life. I sold three guns for 750 bucks played on this gambling boat for a week, turned into 10 thousand, went to vegas and then turned that into 187 000 appalachia after playing for three weeks straight, never forget it, and this is where the real rise would begin for. Dan bilzerian, apparently after turning 750 into 187 thousand, but it also happened to be the same time where the skepticism would begin for damn variance skills all in all, while dan did play very aggressive.

I wouldn't say that he played all that great. In fact, there was some serious button cooking going on in this match. I think that maybe he could beat some high stakes very soft live games, but on the internet he's a fish in the water. Many of dan balzerian's poker games have been absolutely torn apart by real poker pros, showing how awful dan is at the game.

This has led many people to question the legitimacy of dan bilzerian's, actual source of wealth, which will be important for later parts of the video dead states that have beaten one individual for 54 million and two other individuals for 10 million guys either. Teenager also was the picture with the big titties, okay and the boats, okay and the yachts i didn't give a with you guys money i was like dude. I don't give a this kind of badass and i'm kind of bricked up it like i beat one guy for 54 million and 54 million yeah, stating that he was able to beat them because the poker pros just weren't that good back in the day dan balzerian's Apparent poker escapades continued up until the year 2010 the year when the life of dan balzerian would really take off. So here's a recap of the story so far dan goes to military drops out, goes to college, learns to play poker and apparently makes millions of dollars between the age of 25 and 30, which is where we'll continue our story.

Now, despite being a multimillionaire by 30 years, old dan's life wasn't all smooth sailing because in 2011 dan broke up with his playboy model girlfriend. Just after moving to l.a, i was dating this one girl and uh. She was a playboy playmate. We ended up breaking up now, while on the surface, this was clearly a negative dan.

Instead saw it as a positive because his newly single status provided an opportunity to do whatever he wanted whenever he wanted fulfilling his bucket list, and i was single - and i was just like you know what i'm just kind of kind of like do bucket list, like Whatever, like whatever i wanted to do, when i was a kid i'm just gon na, do it, you know - and i just did and i but there's something else to quickly touch on before we go any further. 2011 also happened to, coincidentally be the same year where he was finally able to access. His multi-million dollar trust fund has left. Oh wait a minute wait what, incidentally, be the same year where he was finally able to access his multi-million dollars when you're 30, and that was when you're 18.

so guys. I have to pee like crazy and i'm interested in this video i'm gon na watch it. I i don't wan na, let it play when i'm on gon na guys. Give me 48 seconds right.

Three, two one um count down guys. It doesn't count guys guys it doesn't count chad, guys the last drop wouldn't come out. Trust fund has left from his dad dan balzerian later claimed, to have only taken a very small amount and given the rest back saying that he didn't really need or care about the money i took. I took like a little bit from that and gave the rest away, but to me this seems no shock reasons, especially considering in another interview.

He said he didn't take any and just gave it to his brother. Did you get a trust from him? I did, but i gave it to my brother, regardless wherever the money came from dan bulzeran was absolutely minted by 2011 and as a fresh bachelor just wanted to do whatever he wanted. Whenever he wanted. Dan began posting pictures of his insane lifestyle to the photo sharing application instagram beginning in may 2..

Dan began posting photos not to get famous. Was it? Was it part of a master plan, or was it just fun? No man i was just, but it was like. Never like really to become famous, you know, i mean it was just kind of like you know. I was just doing my thing and you know we were getting pictures here and there, but rather to get back.

I believe it was kind of like a few to her show poker pros that he was just some rich idiot. I wanted to be the rich idiot. I didn't want to be the guy that hung out with poker players like i didn't want people to think. I was good as well as the possibility of attracting other women now, and that was really like the whole.

Like start of this thing was just to kind of you know subtly brag online and get laid easier with less effort, and social media was like kind of a tool for that dan began by posting fairly minor photos such as random photos with his brother, his cars And him feeding chickens but as time progressed began, posting more outrageous pictures of him with different girls, private jets and unachievable lifestyle. Now, for obvious reasons, this started to peak a lot of interest, who was this crazy jack dude with a beard living a 16 year old bucket list lifestyle with all these hot girls and just posting it to instagram for fun? Was this guy legit? Was it all fake? Was he paying the girls? Well, these questions caused people to follow and get invested in the crazy life of dan bilzerian. The life of dan bilzerian began to spread like wildfire with every single male between 15 and 25, asking their friends yo. Have you seen this insane damn bullserian guy as time progressed, the ridiculousness of the post steadily increased and as the ridiculousness of the post deadly increase, so did his followers devil's area's oldest instagram statistics show that by april 2014, a little under two years after beginning instagram, Dan balzerian was already at 1.34 million followers one year later, in april 2015, he was at 7.5 million followers, then 16 million one year later again, in a space of only four years, dan valzerian went from an unknown poker player to what many media outlets were calling.

The king of instagram by september 2018, dan balzeran's, 24 million follower instagram empire, was big enough for dan to launch his own brand ignited selling apparel beverages and various smoking products. The company then went public at 2.50 a share in january 2019.. Now it's safe to say that by this point, everything on the surface seemed to be going perfectly for dan balzerian, unlimited girls, a lifestyle that 99.9 - oh, my god, the structure there is gon na wicked hola, aryan, unlimited girl, guys. This is like a roman architecture for real, though there's something you only see like beginning in the 2000s imported glass and whatnot holy jesus, a lifestyle of people could only dream about beyond belief, his own company.

What could possibly go wrong? Well, as soon as dan's company went public, the stock price fell from 2.50 to 54 cents per share, a drop of approximately 80 percent. All of the company descriptions began to read something about how important it was to be authentic, as well as dan stating this to be his personal philosophy. Yeah i mean i try and be authentic. You know another one of his quotes.

You know rather than love rather than fame, rather than money. Give me truth, but as the old rule in psychology goes, if you have to go to the effort of telling someone how truthful or authentic you are chances, are you probably aren't that authentic or truthful? Ironically, everything about dan bilzerian kind of reeked of a lack of truth, his inability to tell the truth about where his money came from, refusing to reveal how much he had won from poker the true nature of his lifestyle, all factors possibly leading to investors, steering clear Of his company, and even if he had won all of his money from playing poker rather than inheritance, that would only make his case worse because it would show that he didn't have any experience running a company and much of his initial wealth was owed. To luck. Not good business skills, but honestly this was only the beginning of the end for dan balzerian.

It was about to get way worse. According to a lawsuit filed this week, dan bilzerian rents his house and charges the rest of his six-figure lifestyle to a credit card that someone else pays off ignite lost 50 million dollars last year and is likely to fail now. I think it goes without saying: everyone knew that there would be a point where dan's insane lifestyle would catch up with him, whether it be from old age, his money running out or even possible future mental health problems stemming from years of partying. We all had that same feeling of yeah.

This looks mad, but there's no way that all of this can be real, which in july 2020, would be proven to be the correct judgment, as an overwhelming array of evidence began to come forward hinting at the illegitimacy of dan bilzeria's lifestyle. The evidence began with curtis heffen and former ignite president, stating that he had been fired from ignite for illegitimate purposes within the lawsuit was a stupid amount of information regarding bilzerian's ridiculous spending habits, including a 65 000 star. Wars set a five thousand dollar paintball field. Twenty six thousand dollars from boosting instagram followers, as well as paying for the various models seen on his instagram, but the funniest part of this whole thing was that his huge mansion was actually rented for two hundred thousand dollars per month.

Now guys this is like um, it looks like it's uh right next to notches. Uh mentioned you rented on two hundred thousand dollars per month. Now, why is this so hilarious? Well, literally, a week beforehand, dan balzerian had shown kevin. He reportedly paid a mind-boggling 65 million dollars for this mega mansion and when kevin o'leary asked him about the tax rebates when he purchased it, he gets pretty uncomfortable for obvious reasons.

Can you write any of this off because it's really promoting your brand and your lifestyle? I mean that talked to my accountant about all of it. I don't know now. This whole ordeal was basically the nail in the coffin for danville's area credibility. Anyone who thought he seems kind of fake, but there also seems to be elements of truth, then decided yeah.

This dude is a total fraud, but wait. It gets weirder. In september 2020 an article came forward claiming that dan balzerian's dad paul bilzerian was allegedly running ignite from behind the scenes on june 6 2020. During a call with paul belisarian paul frickin balzerian, which just adds another level of dodgy to the whole order, considering that paul bulsarian is not allowed to have anything to do with public companies following his prior conviction with the us government, perhaps explaining why ignite is listed On the canadian stock exchange, rather than the u.s stock exchange and just to add a cherry on top of the cake dan bilzerian claimed to speak to his dad only four or five times per year.

I talked to him probably four or five times a year, which is interesting, considering his dad is allegedly running the company behind the scenes ever since all of this information has come out, the stock price of ignite has gone from 90 cents per share to 26 cents. A drop of approximately 70 over the last four months after ignite recently announced yearly losses of 50 million dollars. Many are speculating that ignite is done and will potentially be bankrupt within the next few weeks. I believe that ignite is no longer.

I think ignite is dead in the water, we're just waiting for the official announcement. They have no cash, they have no operations. Nothing is going on with ignite it's game over. So, if you're watching this in the future, maybe you already know the outcome and that's kind of where we're i mean yeah guys.

I want to be weird you guys, but who's the chad, this guy or that guy i mean i don't i don't know you tell me, the chat is just outcome and that's kind of where we're up to with dan balzarian the mighty king of instagram from a School dropout to a navy seal to apparently a professional gambler to the king of instagram to a ceo to being exposed as a liar to having his company on the brink of bankruptcy. I'm interested in people with the ability to climb the hierarchy better than anyone else, but what i don't like is liars and that's exactly what dan balzerian has been exposed for. A man who has built his whole life on a series of lies claiming to own the 65 million mansion when he didn't claiming to be a professional poker player when no records show that he ever was being extremely gray around everything when it comes to finances and Where his money came from the whole human society is evolving. I feel like anybody who says that they own any of these houses in l.a, like the big big matches, whatever.

I think this is what is in vegas. That could be wrong, though um guys. What is this hazard? Is it la all? These big ones are like 60 80.. Most of them are just like rented out.

If you like them now, i'm not people owned only well literally, they sound like garbage. Nobody buys this blind the hierarchy better than anyone else, but what i don't like is liars and that's exactly what dan balzerian has been exposed for a man who has built his whole life on a series of lies claiming to own the 65 million mansion when he Didn't claiming to be a professional poker player when no records show that he ever was being extremely gray around everything when it comes to finances and where his money came from the whole human psyche has evolved around figuring out who we can and can't trust and those Who can't be trusted are naturally sent to the bottom, even if they do have other admirable qualities, and this has been the fate of dan bilzerian years and years of lies growing and growing to get one big pinnacle in mid-2020 and it's safe to say that this One might bring him undone over the long term. I think, as time goes on, people are gon na. You know they're gon na start to see.

You know who i am and, and you know that stuff will - you know come through in interviews and and, like i said, is you know the more people see and the more i do, the more they'll actually get to know who you are guys. I barely tried this, so i'm making a video. Can i expose the fact? I'm not. The gaming warlord jews attend number one in san colossus, build muscular crazy hands, successful worldwide, juicer pharaoh, chieftain commander.

I guess i think it's kind of weird. I think i think it's kind of weird that they're doing my name, guys, i think he's gon na do nothing. My name, i think it's gon na win they're. Doing that.

Give me.