Home Billionaires 24 Reasons Dan Bilzerian Is A Complete Fraud

24 Reasons Dan Bilzerian Is A Complete Fraud

TristaDecember 16, 2020
Credit: @danbilzerian Instagram

9. Two Heart Attacks By 25 Years Old 

When your lifestyle is this wild, it’s no surprise Bilzerian’s had some significant health scares in his life, even in his early twenties. By the age of 25, he had already suffered two heart attacks. These were both directly related to the lifestyle he lives with too much drinking and wild antics. He also doesn’t set a good example for people regarding their health and is willing to bet money on it – proving how frivolous he is and backing up the claim of him being a financial fraud. 


After one of his health scares, he checked himself out of hospital early and sent out a tweet which said, “Going for a run. I’ll bet a million dollars I don’t die. Any takers?”. It just showed how little he cares and that he’s never going to change his behavior or spending habits.

Credit: @danbilzerian Instagram

8. Guns Are Casual

You know things are quite dangerous when you go to someone’s house, and the security warns you about guns lying around armed and ready to go. One of the things which he has spent much money on is his gun collecting. He has guns lying all around his home – as if it’s something very casual to him. According to sources who have been to Bilzerian’s house, a security guard warns you about them and tells you not to touch them when you walk in. 


They don’t warn you not to touch them because they’re Bilzerian’s property and he doesn’t like people touching his things, but because all of these guns are chambered and loaded. It’s a considerable concern, especially knowing Bilzerian’s personality and people suspect that it’s how things will end for him one day.

Credit: @danbilzerian Instagram

7. Going Back To Childhood 

He has never had a good role model in his life, and this definitely could be the reason he acts out and behaves the way he does today. Why is Bilzerian the way he is? It could go back to his childhood and the fact that he was almost destined to become a financial fraud. His childhood seems to have been difficult and lonely, despite his family’s money. Money doesn’t give you happiness, let that be a lesson you learn from reading this article if there is one.

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His father was absent most of the time because he was wheeling and dealing exotic deals. When he was around, he made life very difficult. His father sued Dan’s Little League baseball team for slander in an argument over a $5000 donation. The case was dismissed, but it certainly caused unnecessary drama.

Credit: @danbilzerian Instagram

6. Not Enough Attention As A Child 

Bilzerian knows he is a “flashy lunatic” but doesn’t seem to put any effort into changing and stopping the concerning lifestyle he is stuck in. Bilzerian even admits that he is such a “flashy lunatic” because he didn’t get the attention he needed as a child. We might feel sorry for him, but the fact that he’s realized this about himself but doesn’t want to make a change removes any empathy for this type of situation he’s found himself in. 

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There was one notable time, according to Bilzerian, that his father made an effort to spend time with him. His father drove him to school shortly after he turned 10. That was when his father told him that he was going to prison – he had been found guilty on nine counts of stock and tax fraud. It had to do with a pump-and-dump operation involving parking investments in public companies, hostile takeover bids, and then offloading assets when share prices rose.

Credit: @danbilzerian Instagram

5. Has Bilzerian Lost Perspective? 

Classmates bullied Bilzerian in school after his dad was sent to prison on fraud charges. That was where his problem with authority began. What did the judge say about this matter? They said, “The lure of money caused Bilzerian to lose proper perspective.” And that’s precisely what’s happened to his son. After his father went to prison, Bilzerian was bullied by his classmates and he was expelled from school eventually. 

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He was then sent to a military academy where drill instructors attempted to get him in line. His family moved to Utah when his father was out on parole, and he started another company. But soon after, his father got into trouble again and found himself involved in even more litigation. What was Bilzerian’s reaction to this?

Credit: @danbilzerian Instagram

4. Bilzerian Brought Machine Gun To School 

That isn’t the usual show and tell that schools expect. Yet, it was something Bilzerian felt very proud to be showing off. He ended up taking his father’s M16 machine gun with him to school. He said that he was showing everyone at school because he was so proud of it. We can now see where he got his obsession with guns. The school showed absolutely no sympathy for the situation and authorities got involved as well. 

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Bilzerian was not only expelled from the school, but the family was asked to leave Utah. That was when Bilzerian decided to try out for the Navy Seals, which he wasn’t cut out for. Despite his father having fought in Vietnam, he was not a favorite of the officers. Then, an FBI raid took place, and the ex-corporate raider was thrown into jail.

Credit: @danbilzerian Instagram

3. A Reason For Concern 

Where has Bilzerian’s money gone? His father is estimated to have half a billion dollars stashed away somewhere in the Cook Islands, and Bilzerian has his own trust fund. Some people estimate that he had half a billion dollars. The family house was sold, and it ended up partly owned by a charity named after the cat the family owned. Where did the other family assets end up? They’re in the Cook Islands.

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Bilzerian still has trust funds in his name, and he even ended up using a third of one to bail his dad out of jail. That didn’t go down well at home, and his father wouldn’t talk to him for eight months, which is quite ridiculous considering Bilzerian tried to do something to help his father out.

Credit: @danbilzerian Instagram

2. A Publicist Could Do Wonders For Bilzerian

Bilzerian has recently replaced his publicist with a new one who seems to be trying their best to clean up his image. It might take a lot more than a new publicist to clean up the damage Bilzerian has done to his image over the years. He’s altered his Twitter bio slightly – dropping the profanity he refers to himself as. Bilzerian also made some charitable donations and has let everyone know about these efforts. 


He’s also been relatively quiet when it comes to press interviews, which certainly isn’t a regular thing for this man who loves any attention he can get. So, is he now on the path to redemption, or is he just trying to get himself back on his feet so he can carry on with the notorious lifestyle we have seen flashed all over his Instagram feed?

Credit: @danbilzerian Instagram

1. Content Not On Brand For Bilzerian

Bilzerian also has his own social media manager who has complained to him that the content and bad behavior wasn’t “brand-friendly” and could potentially deter some sponsors in the future. His social media manager isn’t happy about how he portrays himself online as it’s damaging to future sponsorships. Bilzerian leaked this text message exchange showing that he doesn’t take the advice seriously at all. 


He then posted a picture of himself on a yellow life raft making a grand entrance into a nightclub with a naked woman lying next to him. They say a picture says a thousand words, but to make sure we all got the point that the lude and crude Bilzerian isn’t going anywhere, he finished it off with a caption saying, “Good thing I’m rich, and I don’t give a f***.” Well, we’re not sure that you’ll be that rich for that much longer, Dan.