🚀 This is the captivating story of Dan Bilzerian.🌟 After an intense 500-day training with the Navy SEALS, he finally gave up, but that didn't stop him from making his fortune. Known for his poker exploits, he has become one of the most controversial and intriguing figures of the last decade. But what is really hidden behind this facade?

Dan claims to have won colossal sums of money at poker:

🎰 In 2013, he claimed to have won $10.8 million in a single night.
🎰 In one year, he would have accumulated 50 million dollars thanks to his gaming talents.

However, further investigation reveals that all this might be less clear-cut than it seems...

With over 33 million followers on Insta at his peak, Dan knew how to capture the attention and the promotional offers poured in. He even claims to have turned down seven-figure NFT promotion deals.

Bilzerian used his image as a playboy surrounded by models to attract attention and turn this notoriety into various business opportunities:

🌿 Launch of cannabis company Ignite
🏠 Investments in real estate companies
🌍 Acquisitions of global condominium properties

Created in 2017, Ignite allowed him to finance extravagant purchases:

  • $40,000 climbing wall

  • Fiery ping pong table for $15,000

  • Photo session in the Bahamas at $130,340

In 2018, Dan posted photos of what he called his $65 million dream home on Instagram, claiming to own it. However, it was later discovered that this was not the case.

In 2024, Dan's net worth is estimated to be over $200 million. However, many people doubt that his success is solely attributed to poker. In reality, his father Paul, a Wall Street tycoon, set up trust funds for his children and had several run-ins with the SEC.

Paul Bilzerian was sentenced to 4 years in prison and declared bankruptcy, although he admitted to having a net worth of over $80 million shortly before. The SEC obtained a $62 million judgment against him, but the family continued to live comfortably.

In 2021, Dan admitted that his trust fund was not as considerable as previously thought, having decreased from $96 million to $1.5 million. Although this was nowhere near the winnings he claimed to have in poker, it was still a good financial starting point.

The moral of this story ? No point pretending to be a self-made man if that’s not the case. Be transparent about your journey.

#NFT #SEC

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