What’s sad is that they could’ve bought a pretty nice house within their budget but they just wanted to show off instead and ended up loosing their home.
They had a pretty house when this giant one was being built. Funny part was they made it seem like they are making sacrifice for renting out a million dollar home while their 8 million was being built.
Imagine being a 70% owner in a company valued at over 100 million and not showing up to the board meetings. Seriously I'd give anything to be in that position 🙃
I have a friend who has extremely rich narcissistic parents, they were more concerned about showing off to their colleagues than showing love to their kids. She moved out on her 18th bday and has rarely talked to her parents since (7 years later). Her parents keep trying to bring her back by using luxurious gifts…so out of touch
For anyone wondering how long they can live in a house they aren't paying for: There was an attorney who owned a mansion in Lakewood, Ohio. He was being evicted for non-payment. He was able to drag the process out and live rent- and mortgage-free for (ready?)... SEVEN YEARS.
WoW 7yrs, I wonder if waiting for them to "go out" shopping or whatever then getting a lock guy in to change locks and remove all their crap to storage?
They exploited tf out of their kids and have left them w nothing for their future. I hate famiily channels but the least they could've done is leave some shit for the kids' futures.
I agree, if a company comes to me and says "Hey, we are starting this business that you're the face of. We will give you 65% of the ownership, we will do all the heavy lifting including shipping, production of the product as well as a full time scientist to do R & D and only take 30%. All we need you to do is post about it every now and then," I would do whatever they told me to do, especially when the product does 100% more in sales than their projections. What an idiot.
Yeah that’s insane!! They could of paid of that house if she was patient. I hope they go down in flames but feel sorry for the kids. How they use there kids for clicks and how taking your 4 year old to school in a lambo to try and impress her friends is so cringy. All there parents probably have nicer cars.
"but i want my friend to be the op manager for it. even if they don't know where the product comes from and you were doing all the work and held all the strings that just made us money without doing anything"
Agreed or they just wanted fast cash now so took control of finances. I lean toward the latter, I would be surprised if they took the cash for products they didn't have and were willing to send out. Greedy people who are digging a very large hole for short-term goals As he said they could have been set of life but wasted money and opportunities
I think it's the ego that drove them to do that. Since they're self-absorbed narcissists, they probably thought that the success of the company was all because of them and thought they could easily replace anybody. Just casual display of ego and narcissism.
“Even she’s embarrassed her dad is trying to get cool points from a bunch of 5 year olds”. LMAO I died and came back to life a few times. The insecurity is LOUD. In what world do 5 yr olds know or care about this? The delusions are hilariously cringe.
This tells you so much about the Dad, when you care about more about a bunch of 5 yr olds reactions and film it.The little girl is going to need support and therapy , living in that fake household. The mom had such a opportunity and that attitude like the husband doesn't even know reality of what a golden goose she had. Lastly, these guys are in their 20s and have a $8,5000,000 loan with $95,000 interest,per month hard loan ,not including taxes that is hilarious and sad.Reality can be your best friend in the end.
@Glen Spivey When you are being exposed by Spencer Cornelia ,its time to go and think somewhere with the wife as to why and how did we get here.I saw first hand in my life a couple of people making a good income, but they spent it just as fast.Reality was ,other parts of life they were not doing so well, so entertaining and buying stuff tried to fill their void.Glen reality can be hard sometimes.
Austin's out here literally trying to flex on a bunch of kids by dropping his daughter off at school in a Lambo as if a bunch of kindergarteners are even going to know what a Lambo is.
Nah. It has to do with character (or lack thereof). They're self absorbed, overgrown high schoolers screwing everyone over to satisfy their own greed. Glad word has gotten out
Bro he really made a video about his daughter being able to stunt on her like first grade friends for pulling up in a Lambo? Bro they don't care. Dam validation is one hell of a drug
I don't think she is Bad or malicious she is just plain and simple stupid as a Rock and even the rock would be smarter by shutting up and taking the Money.
It’s hard to tell people that look up to such ppl that hard work pays off in the long run. Most of them make money not really doing much and as easily it comes in it leaves the same way. It’s surprisingly that school no longer teach home economics classes like they did back then. It taught many money management and responsibilities
@@samuelhildebrandt9074 you’d be surprised… a LOT of wealthy people stay wealthy because most of their money goes towards investments and assets, the rest is spent frugally. Of course you have the occasional vacation or designer fashion piece etc but for the most part, they’re very minimalistic.
@@murtajiz545 well that's great to hear, cuz I'm trying to get money for financial freedom not for the Hollywood luxury lifestyle. I have no plans on spending anything until I get dividends
@@jaydacameron811 It can be sad if it becomes an obsessive behavior, but it's normal for people to want to know that they aren't alone in making mistakes or failing in some sense.
They’re also not living life. Every moment has to be a production and carefully crafted, essentially bringing the storytelling of Hollywood into your daily life like you’re always acting and no one ever says “cut”. That’s not the way to stay grounded to reality, even if you spend years feeling like things are real.
Spencer, please keep this up. You're showing the underside of these influencers who make it seem like what they do it easy and have this great lifestyle. You show they cheat and manipulate their ways to a short term "success" that crashes down.
Social media is such a facade . Always remember that people only post the good . You’ll rarely see them post the negative. They make money by selling you a lifestyle instead of a product
So Catherine was on pace to make 37.8 million dollars this year by basically doing nothing, but got greedy and impatient and decided to try and take over the whole operation? What the hell? This is worse than Austin refusing to advertise his fight. This family could be living the life they want everyone to believe they live if they weren't such greedy pieces of shit.
Right?? They're the biggest idiots beyond. Wonder what they will say in their next video, or if they will already have to film at a different location.
She wouldnt make 63% of the companies revenue, she owned 63% of the company. Based on the 60million in revenue, the company could have been worth 500mil -1billion depending on the margins, meaning she could sell her stake for 250-300million on the low end. Talk about blowing it.
Wow.. the fact that they had all these opportunities and did this with them just is crazy… a lot of ppl would kill for those opportunities. And their kids .. omg. Feel so sorry for them
Actually alot of these other people would do exact same with those opportunities or worse. The pandemic proved that. This is the most free money Americans have ever gotten and folks STILL wouldn't put themselves in better positions or pay bills.
Sad thing is all they had to do was set up trusts for their kids put money in it then no matter what happens in the future at least their kids will have money for their future, but they literally thought so little of their own kids which they exploit to make money now they’re going to have to hear about this for the rest of their lives when they were just kids and didn’t hav any control over what happened
Millionaires trying to live a billionaires lifestyle. I'm highly skeptical of anyone who is overly flashy because more often than not their entire life is financed on debt. The side effects of over consumption, pride, and vanity.
Truly wealthy people want to blend in, keep low profile, avoid the vultures and bloodsucking. The wannabees show off, looking for attention, don't consider people using them because they don't really have anything for the vultures to take.
I'm just writing this cause it feels relevant, not for attention😅 I have a super tiny channel and my nieces wanted to make a video where we do cartwheels. Even though it's not close up I still had them facing away from the camera cause I felt so freaked out by displaying their faces for anyone to see. And I don't even have many views! Maybe I'm TOO paranoid but it just feels uncomfortable to me😅
I wouldn’t say fake rich, they had 67% equity in a 60 million dollar company and a massive TH-cam channel. That’s not fake rich at all, that’s genuine wealth. They just scam anyone doing business with them
His grandfather was my economics professor in college so this makes it even more funny to me knowing he could’ve easily went to him for help for financial advice
I bet most “rich” TH-camrs who flexes on such wealth are drowned in debt as well. Crazy how the desire of getting approvals from strangers on the internet do to people.
Same with reality shows! Look @ all the Bravolebrities who presented themselves as wealthy only to face bankruptcy, lawsuits, IRS leans, criminal charges &/or jail time for financial crimes.
Not even just rich TH-camrs, I can drive down my street and know most of the people around me are drowning in debt, probably because they watch rich influencers.
Not taking from your comment but it’s also business. Not only do they want to please people, all the flashiness is good for views. You don’t and won’t get 1M subs in an apartment or driving a 2017 Hyundai.
“Never envy anyone, you don’t know how they got it” this applies here. They project this perfect flawless lifestyle but it’s nothing but a facade and a keeping up with the Jones behavior.
Money isn't everything. There's so much more to life. Giving is a wonderful fulfilling act. It doesn't have to be money or expensive gifts. Give whatever you can.
Well said! I had hoped that most ppl would feel this way after experiencing the devastating effects of a global pandemic. In spring 2020, when the number of ppl in the US dying from Covid started being reported by the thousands daily, I made the comment no matter if you are an NBA multi millionaire like KAT or working a 9-5 job you are in the same helpless boat if your loved one gets critically ill from Covid. I too like Karl Anthony Towns lost my beloved Mama (way to young) to Covid pre vaccines. Money will give you better access to health care but it’s no guarantee that you can buy good health! Cherish the time spent with your loved ones, time is more valuable than any other currency. I would give up all my worldly possessions for just 5 minutes with my Mama. Not being able to say goodbye or I love you or hug one last time when your loved one is dying in hospital isolation is one of the cruelest things abt this virus.
TH-cam influencers are only known in their market and niche audience. They are NOT true celebrities. Tell me one TH-camr that made it on TH-cam that is known around the world or even known in the US by younger and older people alike? I can’t think of one. Like I’m sure everyone knows who Tom Cruise is or Prince or Michael Jackson. TH-cam is still considered bottom of the barrel because the shows are only appealing to a certain amount of fans. It’s not appealing on a massive, global scale. Until that happens, TH-cam is still considered second class compared to local and cable networks.
This is what happens when you try to “flex” on everyone, stay humble kids. The fact that Austin is trying to turn his daughter into a narcissist just like himself is just sad to watch.
The biggest reason why all these influencer scams happen is because of the following: 1. Money grabs work. 2. Fans have proven they will support anything. 3. There is never any real accountability.
@@Mi.i.i because most woman,even nowadays,still listen to their husband..BUT she is a grown woman and thats why she gonna face consequences aswell,as she should sad 4 the kids doe
@@BLX187 she’s the smart one. She’s more than likely the mastermind behind this. Look up a channel call cruel world happy mind. She breaks it down in depth. She’s not innocent in any of this.
I think at this point they know their parents are the very opposite of a role model. They're young but they know. They'll be aight as long as they can see that. sad but at least there's hope
I don't think Catherine will actually get 70% of the revenue. The company that is running the business is definitely selling/providing their product at a steep markup, which means that there will be little profit to distribute. But even if only a a million per year would be left over, I could live of that after just a few years. But I wouldn't buy Lambos, so that's the difference.
The Ace Family have posted a video about their house here: th-cam.com/video/Ud5xlPGK09w/w-d-xo.html I have heard from sources close to the situation that they didn't explain everything about the house.
@@obasichidimma7279 i love that he edited the comment. lol He should take the video down or change the title if you are making money from this? Its okay to be wrong, but I think on his end it would maybe be helpful to try to actually gather facts instead of making assumptions about peoples personal lives influencer or not. Cant wait for his next video where he justifies this video with some other assumption without knowing both sides. A million views lol
@@obasichidimma7279 someone close to the situation just called me and said their side isn't the full story. They didn't disclose everything that happened. Since I'm not involved, I won't speak further.
This is a great example of how social media is easy to fabricate. All show with no substance very few influencers actually have business savvy and have built their wealth in their own.
That’s what I was thinking and to get those types of loans … Why would you do that knowing you ha w to pay it all back? Who is their business manager? They make such bad choices and exploiting their children is really disgusting.
@@michelleelmore5533 their narcissism was guiding them. They’re so sure everyone loves them and will buy whatever crap they want to sell, so they just figured they’d be able to make the money to pay the loan or get a loan from another lender
How does this only have 44 likes? Another thing that needs to change is exploiting child victims on gossip sites. Aka WOACB! If people want to report on children, youtube should refuse monetization.
don't give your kids phones and actually spend time with them simple, but hey we are talking about people who hand their kids over to the state for an "education" so hey one can hope
I had a conversation with my wife last year when she made an observation about another couple we know and how they seem to have a much better lifestyle etc. I responded, you don't know how they are paying for this lifestyle. They could be up to their eyeballs in debt just paying for it all. We have no debt apart from the house and some investments, we are comfortable and we will in years to come be wealthier than we are now without having the stress of being over extended.
This is a prime example why you don't take these lifestyle folks serious, let alone support them. I've never understood why people are obsessed with channels where their whole shtick is spending money and trying to flex on people.
The only explanation that I have for people becoming obsessed with these corny and fake influencers is that they envy that lifestyle and imagine themselves in the place of the influencers. I can see why people feel that way, but I think it’s ridiculous. Especially when they are openly frauds and people still flock to them.
"What are your friends gonna say when you pull up in a Lambo at school?" Me: Nothing, because kids don't care about shit like that. Only their fame obsessed, delusional parents do. 🙄 Talk about teaching your kids what's NOT important in life.
I feel so bad about the kids. She seemed so disinterested, and of course she was she’s a child! I wonder how often she gets to go out and play with friends.
My Dad used to drive for a very rich businessman in the 80s. One day he dropped me off at the local cinema in an ostentatious white Ferrari. I was mortified. I begged him to let me get out round the corner. He doughnutted into the cinema parking lot. I was an awkward, chubby teenage girl trying to come to terms with my parents failed relationship. I would have walked with him and had quality time rather than spend the journey pleading to be let out of the super car. Lessons learned I guess. Not all is as it seems. Ever
As a property adjuster, the house was poorly constructed. If I was a billionaire I’d tear it down and start from scratch since the land is more valuable then the structure.
I love Drew Gooden's video on it. "In the last house if we wanted to go to our in-house gym we had to walk all the way *downstairs* then go back *upstairs* Now they're on the same floor."
You are 100%, I see this all the time in Rancho Sante Fe, infact just had a realtor friend purchase a 6m rebuild project, destroyed the entire house and rebuilt a new house and they then sold for 11m and the new build cost about 3m so he got a nice profit. I also see it in La Jolla, they just gutted a house to studs near the water and rebuilt from a single story to a 3 story and then sold that one for over 15m as its on the la jolla cliffs and the backyard is just the ocean and its private.
Never heard of these folks before, but as a retired lawyer of some 40 years, with representation of both borrowers and finance lenders on these types of property, this outcome is expect-able. The core problem is that, like commercial athletes, these people get money without having skills or talent in that acquisition. Making money doing YT videos provides no training on how to keep it or make it grow. They do not seek knowledgeable advice, because if they contemplate that they may loose money on roll-over business investment, they think that they will just go back to the well and pick up more cash. On the other hand, their higher public profile pastes a a target on their backs declaring them to be suckers for every con in town. Like for lotto winners, this outcome is the norm, not the exception. (Once the foreclosure sale is completed as here, they are subject to judicial eviction, which is a fairly fast process as such legals go. As for the "Lambo", in the unlikely event that it is paid for and won't be repoed in the middle of the night or at the supermarket, any holder of a money judgment against them will have the Sheriff pick it up and sell it at auction, so they need to drive the piss out of it as quickly as possible.
May I ask you a question? Why do you think so many lottery winners wind up in debt? I've watched a whopping 20+ hours (over 2 months of course!) of lottery winners who blew everything. It blows my mind that the pattern is always the same: 1. Lottery winner claims they know how to be careful and will be frugal with their money. 2. Lottery winner takes out mortgages on one (or two!!) mega mansions! WTF?! Even if I won $2 million, I want to have SOME actual cash in my bank box! I'd buy a $300,000 house and pay it off in full. Fluctuating mortgages scare me, my late brother had to deal with that not once but twice and died owing $100k! Found out that after he moved, he foreclosed a bit on the first house he bought! 3. Lottery winner then has to sleep with multiple hookers or do drugs. Again, wtf? Cocaine? The youngest lottery winner I ever saw (Callie Rogers of the UK) blew a huge chunk of her fortune on dope! 4. Even if #3 doesn't happen, they go on lavish vacations every six months or start collecting supercars or fancy clothes. (One lottery winner even bought a private jet and didn't know how to fly!) 5. Then they always go for a lump sum and lose 20-40% of the winning total! I'd be happy with a "paycheck" of even $50,000 a year on a $200,000 winning lottery ticket but I'm hardly poor. 6. Then they're broke and the creditors start knocking on doors, calling cell/house phones like crazy. Why is this the same pattern in 90% of the cases?
I’m guessing this might also have to do with a reverse survivorship bias situation. Let’s say theoretically, a lotto winner uses their savings sensibly, pats off a house in full, invests with it smartly, college fund for their kids and give to charity etc, and let’s also assume their family is chill and they didn’t get killed for the money. What are the chances you’ll hear about them? Oh you’ll definitely hear about the lotto winner who blew all of it on crack and hookers in a few years but you’ll never hear about Jimothy down the street who won a lotto 5 years ago who still has most of his fortune. These kinds of stuff are just inherently more entertaining and so news will pick up on it way more, like how celeb charities are always ignored in favour of scandals.
Reminder that you may have grown up middle class or even poor, but at least your mother/father never flexed on your classmates by driving a rented lamborghini!
If that happened at my primary school I can guarantee you that kid would get bullied all day by the other kids. Especially if they weren’t very popular to begin with.
I don't ever check the trending pages and I only sub to the small amount of topics that interest me. I also don't scroll instagram or Facebook and I don't have snap or any of those other time wasters.
I agree with the first part, but yikes the misanthropy was not needed. It shows your privilege. Most humans don’t even live close to how the Ace family live. The majority are not the fault of the few. It’s the 1% that are the issue, not the 99%. Human hating feeds into a hating for those who are poor and underprivileged when their circumstances are not entirely the fault of their own.
@@alex_n215 i mean it can kinda be that deep. it’s akin to being like “humans are responsible for climate change” and i mean yeah but for the most part it’s the 1% (with exceptions). it’s usually the rich people that do dumb shit to make money and then people are like “well everybody..” but no, it’s not everybody. but it’s the 99% that clean up the mess 🧍🏽♀️
I think everyone should flex achieving even material things I mean if you work hard enough then why not? But to be stupid about your purchases and not deal with your finances and show off…. Well that’s not only dumb it’s also embarrassing
"5-year-old in a lambo" just makes me think of how when I was five, my family drove me around in a red AMC Pacer with the bicentennial white and blue stripes on it, that they had to start with a screwdriver. When they finally upgraded from that car, I missed the old one because it was our car and it was colorful and the new one smelled funny. I could never drive a car due to visual impairment, but since then I've have had friends and family with every kind of car, from a 1977 Chevy Nova to a Lexus, and everything in between. Meanwhile, my mom who complained about how our 1982 Accord had no power steering when I was a kid, got to drive a Mustang by the time she was 55, but it's gone now, it was a maintenance nightmare. I learned about the Lamborghini when I was a little kid, from the Cannonball Run movies. I didn't hear about it again really until the crypto boys started screaming "lambo" at each other. So now, to me, that brand just represents what a little kid's concept of a good car is.
Hahahaha, I also grew up with a '77 Nova in my family. Despite what crazy latinos claim (it's just a name, not to be taken literally!!) it was a pretty reliable car. What's funny is later on, they bought a brand new Buick. The Buick one day broke down but the Nova never saw a mechanic poke under the hood for anything other than oil changes. It just kept puttering along without a hiccup!
She had a full company backing that did everything for her, she just had to post and get 63% but she wanted 100% wtf is wrong with influencers? She really thought posting is worth 100%? 😂😂😂 Like her family know how to run all the backend operations.
I feel so bad for their kids. I grew up with a narcissist parent and it was hell on earth. couldn’t imagine having 2 of them and having my entire life on blast from the moment I was born.
@@JayyCee22 Not OP, but I was raised by narcissists. They were huge on how things appeared to be and following parenting conventions to the letter. I didn't have a childhood of hardship like others, so this isn't that sort of story. The strict parenting did mean I was not allowed to spend time with friends nearly ever. Complaining about anything or perceived discontent resulted in immediate and disproportionate discipline. As an adult, I don't feel like I know them at all. People who share details about their lives to either of their parents to this day is so bizarre to me. For me, it would feel like sharing them with a complete stranger.
Imagine getting 70% of a multi million dollar company and it still not being enough for you. Absolutely mind blowing I hope they have money in a 529 for their kids college funds
This is what happens when you think you know it all. Just because you got rich from making videos doesn’t make you a financial expert. Take ten percent of that and get yourself a fiya azz lawyer and accountant and pay them to do the hard stuff
Yeah. Crazy how greedy some people are, they'd rather 100% of a tiny pie than cut anyone a slice of a much bigger one. 1212 gateway is the craziest thing I've heard in a while, they built the business she has 70% stake in up to 60millon a yr a growing and she tries to take their 30% instead of being thankful.
You nailed it,this when you need a lawyer and accountant on call 24/7 ..When a person starts believing their own bullshit into thinking this $10,000,000 home is mine and the lambo ...wait wait I owe $95,000 a month on interest !!!!!! hmmm..no normal bank would hand over that much of a loan to these guys..hard loan..crazy!
In the uk we call it a bridging loan. Stupid idea unless a person or business iw successful and guarantees payback and even then stupid idea as the interest rate is ridiculously high
I can’t imagine what their kids will go thru emotionally & psychologically when they realize they aren’t as rich as they were at the peak of their internet careers, & the expensive cars are gone. On top of that financial stress for every member of the family, I’m sure the kids will hold resentment for being used by their parents to uphold the lavish lifestyle they lived.
@@mikaylaalexander23 it’s going impact kids that or younger then 10 about expensive cars😂 man they don’t care about that shit they kids all they care about is having fun and being with them you
@@mikaylaalexander23 only valid point is the stress point seeing your parents stress will probably have them wondering but the other shit I’ll doubt they would care about them selling their house or cars
I have had the opportunity to be around people that have "made it" and I can tell you, almost 100% of the time, they are super humble. They recognize that they only got there with the support and help of others so it kind of feels wrong to parade around what you have. This is why social media is so dangerous. It sets unrealistic expectations that only cause others to feel inadequate in their own lives when in actuality they themselves might be better off than an influencer. And I would say also that most, if not all, are more than happy to talk to you about how they did it. Its hard to sell a course when most of it amounts to working hard, being smart, making connections, ect.
My former real estate boss is one of those guys that made it. He is very humble and my first real job was interning with him on the IT side of real estate. He even took the time to meet me in his office to discuss how he became successful. Nothing but hard work was his secret. He also said he doesn't believe in secrets. He said if there was anything I wanted to know, just ask. He told me everything he did to get to where he was at and told me most people won't do a thing when told how to become successful.
I own numerous businesses from manufacturing, property development, hospitality, agriculture, food production and so on. I am not humble and fully understand that this was all achieved by myself and my natural ability. I do not buy into others helped me. All the risk was by myself and making the decisions were all mine. But here is the thing none of that gives me the right to be nasty, screw people over or to assume that the world revolves around me. I have management teams that run new projects and existing entities and never would I just assume that I could do what they can do. I have the knowledge of an accountant but I am not an accountant and would not even dream of thinking that I can administrate accounts like a auditor can. These people were handed their success by others and did not recognise what they had.
I also think they messed up with the boxing event because Austin genuinely thought his fan base (those interested in the kids and family friendly content) would care about him fighting. It shows how self absorbed he is & how out of touch he is with reality.
I didn't know about him or his opponent but everyone being glad he won made it look nice that the "good" guy won. Turns out they're both the assholes lol
The Ace family didn’t get rich because they are interesting, smart, or talented. They got rich because sooo many people are just that stupid to buy into their act.
The first time I hear about this family since I don’t like watching reaction videos I just feel they’re kinda gay from my point of view. But I’m glad some folks are waking up on this not giving this kind of ass$$les views. There downfall is there wake-up call
Most famous influencers. Look at the people we give attention and fame to. Jake and Logan Paul, that chick who got famous for being a completely spoiled brat on Dr.Phil, and pretty much anyone famous from tiktok
When I was picking my daughter up for school, another older girl-maybe 4th or 5th grade-was getting picked up by her dad in an R8 Spyder. I used to dream of that when I was younger. But seeing all the attention other kids were giving this girl purely because of the car, made me realize now as an adult how lame it is. Don't get me wrong-I'm buying a Huracan when I can afford one. But I won't be picking my kids up in it because I don't want them growing up with a bunch of fake-ass friends.
I used to pick my kids up from school in a toyota or Land Rover defender while other children were being picked up in Bentleys and other very flash vehicles. My vehicles were so out of place that I seriously considered getting a Bentley until I just accepted such a car was not for me.
Spencer I love how smart and informative your content is. Hoping that this is the future of TH-cam, quality well researched, competently presented content that has some meaning to the world.
“Better to be lowly and have a servant than to play the great man and lack bread.” Proverbs 12:9 ESV “For what does it profit a man to gain the whole world and forfeit his soul?” Mark 8:36 ESV
"Perhaps Ms. McBroom would have more accurate understanding if she participated in all of the Board meetings as she was obligated to do." Goddamn, 0 chill from the lawyers lmao
This is your #1 video and you literally just posted this a month from today. Wow, Spencer, you've grown so much man. So happy of your success! Keep it up!
Your getting really good at being a complete and utter SAVAGE bro. No doubt you will have triggered their hyper sensitivity to criticism even if it's its all 100% factual so I look forward to your next video on these pathetic influencers when you have had a chance to pick apart the laughable law suits when they arrive.
This whole thing sounds just like hte fool building "the one" house in Malibu (search for the video tours on "producer michael" channel (3 of them)), and in the final video, the dude says he's going to have PPV boxing events to "change the world" (which actually translates to "my last ditch effort to raise some money to make a payment on this huge mistake before it gets foreclosed on), and I didn't see him pull off any PPV events either, and that's also getting foreclosed on as well - ironic how this is an almost exact copy
I'm surprised this family hasn't yet broken any child exploitation laws... or maybe they have and just waiting to be exposed. I feel sorry for their kids, whose entire childhood has been plastered all over the internet. And the internet NEVER forgets and REALLY good at digging up the past.
The daughter acts with more maturity than the father. He is a walking block of cheese, and Velveeta at that. I don't know that I have ever observed a greater amount of desperation to project a completely phony image of success. They cheat other people in high profile cheesy arrangements, and yet probably have a negative net worth. I can say with near certainty that every one of their viewers is also losing in their own life.
Honestly the guy asking his daughter what her classmates would think about "their Lambo" made me think about someone I know who doesn't have custody of his daughter, but he's always trying to impress her by buying things with money that is very questionable. The parents honestly sound like inmates who are always scheming about something.
The Lambo-scene got me thinking. "Hey, what are your friends going to say, if they see your parents get evicted from their house, because they were irresponsible Dbags?" Personally, I don't want to know how much c*rap these kids are getting right now from everyone in their private school. They are the only victims here.
@Jalo I definitely disagree. Kids listen to what the grownups say and make that their own. So if the parents talk about the irresponsible idiocy the McBrooms showed in handling their finances, you can bet on it that the kids will parrot that to the McBroom kids word for word. If the kids were still toddlers and it was about Kindergarten, then yes they probably would neither understand nor talk about it. But in school? Definitely. And kids can be WAY more vicious about it.
He has always come across as quite the narcissist to me. The way he treat Mr Kate when they came over - at his request - to decorate their home, told me everything I needed to know about him.
That's the problem with people who put their relationships and family out there. You are pressured to keep it going even if it's going bad. I always cringe at tik-tok couples who obviously do stuff for show.
It’s really Bizarre. If you take a step back and just observe how humans have become on yt and other platforms. Man I just don’t care. I care less and less about anyone these days
Yes and no. When you look at the scum bags that run the finance industry and the fact that they ruin the economy every 8-12 years and get incentivized to do it again by the government bailing them out, it’s not that surprising especially since it is in California and it’s usually Cali or the east coast where big money gets lent to totally stupid places.
What’s sad is that they could’ve bought a pretty nice house within their budget but they just wanted to show off instead and ended up loosing their home.
Exactly
They had a pretty house when this giant one was being built. Funny part was they made it seem like they are making sacrifice for renting out a million dollar home while their 8 million was being built.
@@Derikimi welp, can’t say I’m surprised
yes! Mr. beast lives in a modest home and prob makes more money!
@@kindafunne for Chris's sake!! you mean *Losing* !!!
loose- "not firmly or tightly fixed in place; detached or able to be detached."
Imagine being a 70% owner in a company valued at over 100 million and not showing up to the board meetings. Seriously I'd give anything to be in that position 🙃
but can you insta on during the board meetings? No? OK I'm inn!
with the help of satan, you can have anything (just look at hollyweird and DC)
Kylie Jenner owns only 44.1% of her company she is owned by coty , Since last year .
Not to mention that the 30% partner is doing all the work, I just had to do posts and look pretty.
@@travisd7888 exactly, the first comment sounds like he is ready to sell his soul to the devil by doing anything
I feel sorry for their kids, it's not easy growing up with self absorbed narcissists as parents.
Speaking from experience?
@@dadillonful i have a friend who has narcissistic parents and she legit wanna die no cap
I have a friend who has extremely rich narcissistic parents, they were more concerned about showing off to their colleagues than showing love to their kids. She moved out on her 18th bday and has rarely talked to her parents since (7 years later). Her parents keep trying to bring her back by using luxurious gifts…so out of touch
Yeah it’s rough
Welcome to social media where people who aren’t who they seem they are
For anyone wondering how long they can live in a house they aren't paying for:
There was an attorney who owned a mansion in Lakewood, Ohio. He was being evicted for non-payment. He was able to drag the process out and live rent- and mortgage-free for (ready?)...
SEVEN YEARS.
Not shocking sense he knows all of the legal loop holes.
Thats when you invite some unsavory types to convince him to leave
Omg!!!!! That's unacceptable
Thats why you hire shady people to "remove" him
WoW 7yrs, I wonder if waiting for them to "go out" shopping or whatever then getting a lock guy in to change locks and remove all their crap to storage?
This shit is unbelievable, they’ve thrown so many blessings away. Mind blowing. The number of ppl that would kill for these opportunities.
The craziest part is Austin just had to settle for less money and he’d still be very wealthy. He’s a narcissist in the worst way.
Fame and greed got to their head. What happens when clout chasing goes wrong.
Money cant buy class. These two living a biblical proverb
Greed. It'll be there downfall...
Greed throws the ability to think long term
I feel so bad for their children.
Exactly
Right me too smh 🤦🏽♀️🙅🏽♀️
They exploited tf out of their kids and have left them w nothing for their future. I hate famiily channels but the least they could've done is leave some shit for the kids' futures.
@QB Killa y r u mad lol?
You don’t know their real life. I feel bad for your kids.
It's honestly insane how hard they fumbled the bag
Nah, they didn't fumble the bag they intentionally spiked it at the five yard line.
@@marcelrobinson on 4th down
@@marcelrobinson lmfao
They pulled a ben simmons 4th quarter
@@TorqueHaven ben simmons slander
love to see it
I agree, if a company comes to me and says "Hey, we are starting this business that you're the face of. We will give you 65% of the ownership, we will do all the heavy lifting including shipping, production of the product as well as a full time scientist to do R & D and only take 30%. All we need you to do is post about it every now and then," I would do whatever they told me to do, especially when the product does 100% more in sales than their projections. What an idiot.
Yeah that’s insane!! They could of paid of that house if she was patient. I hope they go down in flames but feel sorry for the kids. How they use there kids for clicks and how taking your 4 year old to school in a lambo to try and impress her friends is so cringy. All there parents probably have nicer cars.
"but i want my friend to be the op manager for it. even if they don't know where the product comes from and you were doing all the work and held all the strings that just made us money without doing anything"
Agreed or they just wanted fast cash now so took control of finances. I lean toward the latter, I would be surprised if they took the cash for products they didn't have and were willing to send out.
Greedy people who are digging a very large hole for short-term goals
As he said they could have been set of life but wasted money and opportunities
I would literally jump on their lap
I think it's the ego that drove them to do that. Since they're self-absorbed narcissists, they probably thought that the success of the company was all because of them and thought they could easily replace anybody. Just casual display of ego and narcissism.
“Even she’s embarrassed her dad is trying to get cool points from a bunch of 5 year olds”. LMAO I died and came back to life a few times. The insecurity is LOUD. In what world do 5 yr olds know or care about this? The delusions are hilariously cringe.
Kids don't even know what a Lambo is. He would love been better off pulling up on a Barbie bike. 🤷♀️
This tells you so much about the Dad, when you care about more about a bunch of 5 yr olds reactions and film it.The little girl is going to need support and therapy , living in that fake household. The mom had such a opportunity and that attitude like the husband doesn't even know reality of what a golden goose she had. Lastly, these guys are in their 20s and have a $8,5000,000 loan with $95,000 interest,per month hard loan ,not including taxes that is hilarious and sad.Reality can be your best friend in the end.
It’s so funny cause I had literally Spencer’s thought too when I saw that clip lol
Why did u come back to life
@Glen Spivey When you are being exposed by Spencer Cornelia ,its time to go and think somewhere with the wife as to why and how did we get here.I saw first hand in my life a couple of people making a good income, but they spent it just as fast.Reality was ,other parts of life they were not doing so well, so entertaining and buying stuff tried to fill their void.Glen reality can be hard sometimes.
Austin's out here literally trying to flex on a bunch of kids by dropping his daughter off at school in a Lambo as if a bunch of kindergarteners are even going to know what a Lambo is.
Weirdo
Even his daughter knows they won’t give a shit
Better than grabbing her ass like he did that one time
@@booognish 😳😳😳
@@booognish wait what?
8.8mil hard money loan??? sheesh. I think that means you can't afford the house lol
It's gonna be juicy the next video they upload😂
That shit made my palms sweat. I’ll stick to my $600 studio in the ghetto for now thank you very much
Lol being a doctor and all I'm sure you know!
That’s a loan to rule them all…
HEY THERE DOC.. MY NUTS ARE VERY ITCHY... SO I SCRATCHED THEM AND NOW THEY DONT FEEL ITCHY.. THANKS FOR UR HELP
unbelievable! it's not even just karma at this point, it's them having ultra low IQs
Nah. It has to do with character (or lack thereof). They're self absorbed, overgrown high schoolers screwing everyone over to satisfy their own greed. Glad word has gotten out
Exactly
Bro he really made a video about his daughter being able to stunt on her like first grade friends for pulling up in a Lambo? Bro they don't care. Dam validation is one hell of a drug
90% of ther fans are fetuses(kids)
Gotta love clout
I'm Ace James, biatch.
daughter dont care about no lambo, girls arent interested in cars to begin with🤣
@@draco2xx you're right his daughter has zero interest and it's embarrassing 🥴 please stop Gender stereotyping 🙄
Catherine didn't fumble the bag. Fumbling implies unintentionally screwing up. It's more like she purposefully threw the bag into a furnace.
😅
And both of them had multiple chances to make things right, but they can't due to their greed and crab mentality.
what a bad joke lmao
"The bag." Such cringe.
SuCh CrInGe
their house, their drama, the facade, they resemble my sims lives so much
Shame they can’t motherlode their way out of this shit show.
LOL
@@melandbelle89 LMAO
Lmaooo
@@melandbelle89 NOOOOOO😭
When the little girl said her friends will be playing like they will not care about the damn car.... yeah.
You can't expect people to feel sorry for you when you treat other poorly.
Let them tell it.. there always giving back and wanna see a smile on someones face..as they scam them.. ace fammmmalayyyyeee...🤣🧢🧢
Karma is a bitch
And so many people thought Catherine was innocent, she’s just as bad as her husband.
So sad lmao
Next is the IRS is coming to collect.
@@MsNisha023 Yikes you don’t want to mess with the IRS. Even the Joker doesn’t mess with them and he’s crazy enough to fight Batman!
I don't think she is Bad or malicious she is just plain and simple stupid as a Rock and even the rock would be smarter by shutting up and taking the Money.
Believe all women. Stfu
Money doesn’t change a person it just makes you more of what you already are
exactly! i don't care about money but definitely don't want to be struggling
It’s hard to tell people that look up to such ppl that hard work pays off in the long run. Most of them make money not really doing much and as easily it comes in it leaves the same way. It’s surprisingly that school no longer teach home economics classes like they did back then. It taught many money management and responsibilities
So I'm cheap now... so I'll be extra cheap when I'm rich? I hope my generosity stays at a constant percentage as I accumulate more
@@samuelhildebrandt9074 you’d be surprised… a LOT of wealthy people stay wealthy because most of their money goes towards investments and assets, the rest is spent frugally. Of course you have the occasional vacation or designer fashion piece etc but for the most part, they’re very minimalistic.
@@murtajiz545 well that's great to hear, cuz I'm trying to get money for financial freedom not for the Hollywood luxury lifestyle. I have no plans on spending anything until I get dividends
This honestly makes me feel better about my financial issues.
That’s sad. Using other people’s situations to make you feel better about yourself or your own situation.
@@jaydacameron811 It can be sad if it becomes an obsessive behavior, but it's normal for people to want to know that they aren't alone in making mistakes or failing in some sense.
@@jaydacameron811 Yeah yeah. We all compare. Even you Ms. Superior Morality.
🤣😂😂😂 y'all are wilding in the comments
@@jaydacameron811 girl bye
This is a clear example of why you should’nt envy the lives of influencers it’s a facade. They’re all living beyond their means
You speak the truth. I see it through some of the youtube influencers that I watch.
Wow fr
yea but i’d like to live beyond my means for a minute
They’re also not living life. Every moment has to be a production and carefully crafted, essentially bringing the storytelling of Hollywood into your daily life like you’re always acting and no one ever says “cut”. That’s not the way to stay grounded to reality, even if you spend years feeling like things are real.
Shouldnt envy anybody
Spencer, please keep this up. You're showing the underside of these influencers who make it seem like what they do it easy and have this great lifestyle. You show they cheat and manipulate their ways to a short term "success" that crashes down.
Not all but a lot of them yes 👏🏾
Oh the flip side, I’ve honestly heard of none of the people he talks about except from on his videos.
Social media is such a facade . Always remember that people only post the good . You’ll rarely see them post the negative. They make money by selling you a lifestyle instead of a product
TH-cam is a business & this is usually how businesses fall by not doing the right things.
Facts!!! He earned my subscription! Keep exposing these clowns!!!!!!!
So Catherine was on pace to make 37.8 million dollars this year by basically doing nothing, but got greedy and impatient and decided to try and take over the whole operation? What the hell? This is worse than Austin refusing to advertise his fight. This family could be living the life they want everyone to believe they live if they weren't such greedy pieces of shit.
Right?? They're the biggest idiots beyond. Wonder what they will say in their next video, or if they will already have to film at a different location.
She took her husband’s course……..
I guarantee you Austin advised her to mess things up so he wasn't the only one messing up
That surpass Trisha and her 5% debacle lol
She wouldnt make 63% of the companies revenue, she owned 63% of the company. Based on the 60million in revenue, the company could have been worth 500mil -1billion depending on the margins, meaning she could sell her stake for 250-300million on the low end. Talk about blowing it.
When people start talking about "positive energy" unironically, I instinctively want to reach out for the garlic and crucifixes.
& ... the holy water bucket !!
@@mjchiwara *holy fire
Wow.. the fact that they had all these opportunities and did this with them just is crazy… a lot of ppl would kill for those opportunities. And their kids .. omg. Feel so sorry for them
I know .
How angry I'd be knowing I could of been set in my life if my parents just saved for it
Actually alot of these other people would do exact same with those opportunities or worse. The pandemic proved that. This is the most free money Americans have ever gotten and folks STILL wouldn't put themselves in better positions or pay bills.
I'd be embarrassed as hell if they were my parents.
I thought your profile pic was the Ace family 🤣
Sad thing is all they had to do was set up trusts for their kids put money in it then no matter what happens in the future at least their kids will have money for their future, but they literally thought so little of their own kids which they exploit to make money now they’re going to have to hear about this for the rest of their lives when they were just kids and didn’t hav any control over what happened
Millionaires trying to live a billionaires lifestyle. I'm highly skeptical of anyone who is overly flashy because more often than not their entire life is financed on debt. The side effects of over consumption, pride, and vanity.
And sometimes not even billionaires live that lifestyle..
Truly wealthy people want to blend in, keep low profile, avoid the vultures and bloodsucking. The wannabees show off, looking for attention, don't consider people using them because they don't really have anything for the vultures to take.
It's nice to see these people being called out and recognized for what they are because what they are doing to their kids is just completely insane.
Facts
i had to close the video after the guy said he should focus more on his dating life in the gym-- creepy
@@henkdachief pretty sure it was a joke cuz
@@henkdachief lllll
I'm just writing this cause it feels relevant, not for attention😅 I have a super tiny channel and my nieces wanted to make a video where we do cartwheels. Even though it's not close up I still had them facing away from the camera cause I felt so freaked out by displaying their faces for anyone to see. And I don't even have many views! Maybe I'm TOO paranoid but it just feels uncomfortable to me😅
This is why I educate myself to be prepared for financial situations in the future. Money is like a game. Make it work for you and let time as well.
@cnote,
*Damn, you sure are a lil’ CUTIE 😍! May I PLEASE make direct payments towards your college tuition/student loans (Soon-To-Be Dr.) 😩?*
@@glowblank17how many romance scams have you fallen for this year 😂😂😂
I feel sorry for the kids especially with them having their fake rich life in public.
I'm so lucky I grew up just in time to miss social media. I did so much embarrassing and cringy things as a child.
@@Madvillainy48 I'm sure ppl will b "cancelled" in your era if SM was there
I wouldn’t say fake rich, they had 67% equity in a 60 million dollar company and a massive TH-cam channel. That’s not fake rich at all, that’s genuine wealth. They just scam anyone doing business with them
@@kickandblock fair point but they don't seem to be wise in their wealth, at least from his findings
@@happyguy2k
Bro my entire high school years is one long cringe/cancel compilation holy shit am I glad I came before social media was a big deal
His grandfather was my economics professor in college so this makes it even more funny to me knowing he could’ve easily went to him for help for financial advice
He wouldn’t take it , he’s giving “ I know everything “ big head vibes “ look at what I’ve done” don’t know sh*t vibes
That’s crazy he was also my eco prof. 🙏🏽
Bianca Baptiste damn ma dead on! I hate big headed, ego driven, superiority complex type of people!
Is his grandfather even alive. No.
@@yzmundanord1908 how tf do you know?
I bet most “rich” TH-camrs who flexes on such wealth are drowned in debt as well. Crazy how the desire of getting approvals from strangers on the internet do to people.
Same with reality shows! Look @ all the Bravolebrities who presented themselves as wealthy only to face bankruptcy, lawsuits, IRS leans, criminal charges &/or jail time for financial crimes.
You are pretty correct. It's mainly the lifestyle channels and vloggers.
I work in finance there are tons of people that jump from credit card to credit card to keep up a look
Not even just rich TH-camrs, I can drive down my street and know most of the people around me are drowning in debt, probably because they watch rich influencers.
Not taking from your comment but it’s also business. Not only do they want to please people, all the flashiness is good for views. You don’t and won’t get 1M subs in an apartment or driving a 2017 Hyundai.
“Never envy anyone, you don’t know how they got it” this applies here. They project this perfect flawless lifestyle but it’s nothing but a facade and a keeping up with the Jones behavior.
I think the family loves each other.
Money isn't everything. There's so much more to life. Giving is a wonderful fulfilling act. It doesn't have to be money or expensive gifts. Give whatever you can.
Well said! I had hoped that most ppl would feel this way after experiencing the devastating effects of a global pandemic. In spring 2020, when the number of ppl in the US dying from Covid started being reported by the thousands daily, I made the comment no matter if you are an NBA multi millionaire like KAT or working a 9-5 job you are in the same helpless boat if your loved one gets critically ill from Covid. I too like Karl Anthony Towns lost my beloved Mama (way to young) to Covid pre vaccines. Money will give you better access to health care but it’s no guarantee that you can buy good health! Cherish the time spent with your loved ones, time is more valuable than any other currency. I would give up all my worldly possessions for just 5 minutes with my Mama. Not being able to say goodbye or I love you or hug one last time when your loved one is dying in hospital isolation is one of the cruelest things abt this virus.
everybody should try to be like Mr Beast
Money does help tho 😢
Money is used to fund the majority of the “so much more”. Money isn’t evil, the people making it out as such are 100% miserable financially.
Money is not the culprit, it is how you use it and what kind f a person it makes you to be.
This is what happens when TH-camrs think they’re celebrities 🤦♂️
Ehh, technically some of them are, just some are sleezy
Cause I would say RDC are celebrities
@@primetimegrant I was gonna say something like that
Celebrity just means a well known person, social media is huge, there are quite a few TH-cam celebrities
TH-cam influencers are only known in their market and niche audience. They are NOT true celebrities. Tell me one TH-camr that made it on TH-cam that is known around the world or even known in the US by younger and older people alike? I can’t think of one. Like I’m sure everyone knows who Tom Cruise is or Prince or Michael Jackson. TH-cam is still considered bottom of the barrel because the shows are only appealing to a certain amount of fans. It’s not appealing on a massive, global scale. Until that happens, TH-cam is still considered second class compared to local and cable networks.
This is what happens when you try to “flex” on everyone, stay humble kids. The fact that Austin is trying to turn his daughter into a narcissist just like himself is just sad to watch.
It is...she just wants to be a child. Doesn't care about all of the razzle dazzle and he is poisoning her with materialism. Very sad.
The biggest reason why all these influencer scams happen is because of the following:
1. Money grabs work.
2. Fans have proven they will support anything.
3. There is never any real accountability.
I thought Catherine was just a bystander of this epic downfall, but she's just as bad as Austin lol
i think she was under his spell. and took his advice to do bad things
@@BLX187 why do you think that
@@Mi.i.i because most woman,even nowadays,still listen to their husband..BUT she is a grown woman and thats why she gonna face consequences aswell,as she should
sad 4 the kids doe
@@BLX187 she’s the smart one. She’s more than likely the mastermind behind this. Look up a channel call cruel world happy mind. She breaks it down in depth. She’s not innocent in any of this.
@@Zamliyx3 Way to make it weird.
I hope their kids socially develop well, despite having a dad that needs 5 year olds' approval
with a camera being shoved in their face constantly and this whole act of being the best family etc, i don't see that happening sadly.
Yeah, honestly a couldn’t care less about the parents, but it breaks my heart to see innocent children roped into this.
I think at this point they know their parents are the very opposite of a role model. They're young but they know. They'll be aight as long as they can see that. sad but at least there's hope
If I had a business doing everything for me and they only asked for 30% shit im 100% down 🤣🤣
That’s because you’re smart
I don't think Catherine will actually get 70% of the revenue. The company that is running the business is definitely selling/providing their product at a steep markup, which means that there will be little profit to distribute. But even if only a a million per year would be left over, I could live of that after just a few years. But I wouldn't buy Lambos, so that's the difference.
tap in with me, i can get you an online store. For 20k and 70/30 profit split
You put up the money and I'll do all the work for 30%
@@jcsjcs2 honestly Lambos or anything over $50k that depreciates in value is a stupid purchase.
The Ace Family have posted a video about their house here: th-cam.com/video/Ud5xlPGK09w/w-d-xo.html
I have heard from sources close to the situation that they didn't explain everything about the house.
Do you enjoy making people feel bad it seems you do get your facts right and don’t try to make money off some peoples misery that’s sad on your part
@@obasichidimma7279 i love that he edited the comment. lol He should take the video down or change the title if you are making money from this? Its okay to be wrong, but I think on his end it would maybe be helpful to try to actually gather facts instead of making assumptions about peoples personal lives influencer or not. Cant wait for his next video where he justifies this video with some other assumption without knowing both sides. A million views lol
Still they don’t explain the hard money loan which is weird for owner occupied.
@@obasichidimma7279 someone close to the situation just called me and said their side isn't the full story. They didn't disclose everything that happened. Since I'm not involved, I won't speak further.
Anyone who feels the need to tell everyone "I am humble, I am creative, We have such good vibes" probably has none of these....
Low key, a humble man will never say he is humble to anyone. This fool is anything but that.
This is a great example of how social media is easy to fabricate. All show with no substance very few influencers actually have business savvy and have built their wealth in their own.
The fact that they took two generic California modern boxes and decided to connect them should’ve been an immediate red flag to the lenders
That’s what I was thinking and to get those types of loans … Why would you do that knowing you ha w to pay it all back? Who is their business manager? They make such bad choices and exploiting their children is really disgusting.
@@michelleelmore5533 their narcissism was guiding them. They’re so sure everyone loves them and will buy whatever crap they want to sell, so they just figured they’d be able to make the money to pay the loan or get a loan from another lender
Cmon guys, don't be like that. It's good vibes only! 🤙
like they don’t even use that whole house .. their daughters legit share a room . what read the point . 😂
Imagine being a fully grown adult seeking validation from your kid's schoolmates. That's just sad...
We should get together to propose a social media protection of child bill. Protect our kids, especially from their own parents.
How does this only have 44 likes? Another thing that needs to change is exploiting child victims on gossip sites. Aka WOACB! If people want to report on children, youtube should refuse monetization.
silverspants start a petition!
Hell yea! For real, this needs to be done!
don't give your kids phones and actually spend time with them simple, but hey we are talking about people who hand their kids over to the state for an "education" so hey one can hope
The future gens of adults qhen these kids grow up are going to be FUCKED
I had a conversation with my wife last year when she made an observation about another couple we know and how they seem to have a much better lifestyle etc. I responded, you don't know how they are paying for this lifestyle. They could be up to their eyeballs in debt just paying for it all. We have no debt apart from the house and some investments, we are comfortable and we will in years to come be wealthier than we are now without having the stress of being over extended.
Preach
That’s the way to do it!
Asè
My friend's uncle is REFUSING to sell his 2 million (this currency) house... but it's a recession here... i don't think that'll happen
Start looking for a new wife, she’s hypergamous and looking for greener grass.
This is a prime example why you don't take these lifestyle folks serious, let alone support them. I've never understood why people are obsessed with channels where their whole shtick is spending money and trying to flex on people.
And now they can’t cut back in spending coz of their need to be praised.
coughtrishapaytascough
@@suneetsachdeva2168 I had to look up who that is and now my future children are having nightmares.
The only explanation that I have for people becoming obsessed with these corny and fake influencers is that they envy that lifestyle and imagine themselves in the place of the influencers. I can see why people feel that way, but I think it’s ridiculous. Especially when they are openly frauds and people still flock to them.
Children, children are the ones who watch these videos and give them money.
Spencer!! You don’t just give your genuine thought on fake individuals on social media. YOU TEACH US while in the process. Thank you.
"What are your friends gonna say when you pull up in a Lambo at school?"
Me: Nothing, because kids don't care about shit like that. Only their fame obsessed, delusional parents do. 🙄 Talk about teaching your kids what's NOT important in life.
I feel so bad about the kids. She seemed so disinterested, and of course she was she’s a child! I wonder how often she gets to go out and play with friends.
So dumb. Kids will at most say it's a cool car, but won't give a shi* about being a lambo.
@@alos.h256 seriously, kids that age are more stoked about getting to ride the school bus for a field trip. They don’t care about a lambo.
The kid goes to school in LA - the other students likely have rich parents too so it probably wouldn't impress them.
My Dad used to drive for a very rich businessman in the 80s. One day he dropped me off at the local cinema in an ostentatious white Ferrari. I was mortified. I begged him to let me get out round the corner. He doughnutted into the cinema parking lot. I was an awkward, chubby teenage girl trying to come to terms with my parents failed relationship. I would have walked with him and had quality time rather than spend the journey pleading to be let out of the super car. Lessons learned I guess. Not all is as it seems. Ever
As a property adjuster, the house was poorly constructed. If I was a billionaire I’d tear it down and start from scratch since the land is more valuable then the structure.
🥴
You know whoever buys it will spill on the shoddy work.
I love Drew Gooden's video on it. "In the last house if we wanted to go to our in-house gym we had to walk all the way *downstairs* then go back *upstairs* Now they're on the same floor."
You are 100%, I see this all the time in Rancho Sante Fe, infact just had a realtor friend purchase a 6m rebuild project, destroyed the entire house and rebuilt a new house and they then sold for 11m and the new build cost about 3m so he got a nice profit.
I also see it in La Jolla, they just gutted a house to studs near the water and rebuilt from a single story to a 3 story and then sold that one for over 15m as its on the la jolla cliffs and the backyard is just the ocean and its private.
tsk tsk I just need it to look good on Insta bruh
FINALLY someone who isn't calling one of the Jenners or Kardashians a genius instead of a spokesmodel.
@@FoxCaps Ray J made the whole family famous.
@@FoxCaps ray j made the Kardashians by fucking Kim 🤣
@@FoxCaps Just shows your age 😅
@@jcspeed1 Kanye and Ray J.
@@jghifiversveiws8729 don't forget OJ Simpson
Never heard of these folks before, but as a retired lawyer of some 40 years, with representation of both borrowers and finance lenders on these types of property, this outcome is expect-able. The core problem is that, like commercial athletes, these people get money without having skills or talent in that acquisition. Making money doing YT videos provides no training on how to keep it or make it grow. They do not seek knowledgeable advice, because if they contemplate that they may loose money on roll-over business investment, they think that they will just go back to the well and pick up more cash. On the other hand, their higher public profile pastes a a target on their backs declaring them to be suckers for every con in town. Like for lotto winners, this outcome is the norm, not the exception. (Once the foreclosure sale is completed as here, they are subject to judicial eviction, which is a fairly fast process as such legals go. As for the "Lambo", in the unlikely event that it is paid for and won't be repoed in the middle of the night or at the supermarket, any holder of a money judgment against them will have the Sheriff pick it up and sell it at auction, so they need to drive the piss out of it as quickly as possible.
May I ask you a question? Why do you think so many lottery winners wind up in debt? I've watched a whopping 20+ hours (over 2 months of course!) of lottery winners who blew everything. It blows my mind that the pattern is always the same:
1. Lottery winner claims they know how to be careful and will be frugal with their money.
2. Lottery winner takes out mortgages on one (or two!!) mega mansions! WTF?! Even if I won $2 million, I want to have SOME actual cash in my bank box! I'd buy a $300,000 house and pay it off in full. Fluctuating mortgages scare me, my late brother had to deal with that not once but twice and died owing $100k! Found out that after he moved, he foreclosed a bit on the first house he bought!
3. Lottery winner then has to sleep with multiple hookers or do drugs. Again, wtf? Cocaine? The youngest lottery winner I ever saw (Callie Rogers of the UK) blew a huge chunk of her fortune on dope!
4. Even if #3 doesn't happen, they go on lavish vacations every six months or start collecting supercars or fancy clothes. (One lottery winner even bought a private jet and didn't know how to fly!)
5. Then they always go for a lump sum and lose 20-40% of the winning total! I'd be happy with a "paycheck" of even $50,000 a year on a $200,000 winning lottery ticket but I'm hardly poor.
6. Then they're broke and the creditors start knocking on doors, calling cell/house phones like crazy.
Why is this the same pattern in 90% of the cases?
I’m guessing this might also have to do with a reverse survivorship bias situation. Let’s say theoretically, a lotto winner uses their savings sensibly, pats off a house in full, invests with it smartly, college fund for their kids and give to charity etc, and let’s also assume their family is chill and they didn’t get killed for the money. What are the chances you’ll hear about them? Oh you’ll definitely hear about the lotto winner who blew all of it on crack and hookers in a few years but you’ll never hear about Jimothy down the street who won a lotto 5 years ago who still has most of his fortune. These kinds of stuff are just inherently more entertaining and so news will pick up on it way more, like how celeb charities are always ignored in favour of scandals.
Reminder that you may have grown up middle class or even poor, but at least your mother/father never flexed on your classmates by driving a rented lamborghini!
*calls my mom to thank her for raising me to be humble and not materialistic*
To be fair it is theirs or was…
And I’ve never been more grateful for that till I saw this video
If that happened at my primary school I can guarantee you that kid would get bullied all day by the other kids. Especially if they weren’t very popular to begin with.
“And that doesn’t include the future therapy bills for their children” 💀
I have never heard of them, that is a blessing
I’m jealous lol, they’ve been roaches since family channels been popping
I don't ever check the trending pages and I only sub to the small amount of topics that interest me. I also don't scroll instagram or Facebook and I don't have snap or any of those other time wasters.
If it isn't from Spencer's Channel, don't bother.
I wish I could say the same 😒
Me too. I'm always happy when I'm able to avoid parasites like this
"Positive vibes only" is something only the truest of sociopaths would say
Catherine's investments was their out in all this mess but she FUMBLED the bag for sure.
Absolutely
She damn sure didn't flip it and tumble it!
@Garrett I understood this reference.
@@863Monster nice 🤣👍🏿
Imagine paying $110k per month, just in interest solely for an image.
Humans, we’ve overstayed our welcome on earth.
I agree with the first part, but yikes the misanthropy was not needed. It shows your privilege. Most humans don’t even live close to how the Ace family live. The majority are not the fault of the few. It’s the 1% that are the issue, not the 99%. Human hating feeds into a hating for those who are poor and underprivileged when their circumstances are not entirely the fault of their own.
Maybe they aren't human? Jk jk
Terribly empty human beings. They need to find their Jesus.
@@qetsiyah1766 Dude I really don’t think it’s that deep.
@@alex_n215 i mean it can kinda be that deep. it’s akin to being like “humans are responsible for climate change” and i mean yeah but for the most part it’s the 1% (with exceptions). it’s usually the rich people that do dumb shit to make money and then people are like “well everybody..” but no, it’s not everybody. but it’s the 99% that clean up the mess 🧍🏽♀️
I love it when people get humbled.
They aren't humbled
I think everyone should flex achieving even material things I mean if you work hard enough then why not? But to be stupid about your purchases and not deal with your finances and show off…. Well that’s not only dumb it’s also embarrassing
They'll just move on and find other people to scam. The world's a big place they're not done yet
Unfortunately they r so delusional they probably think they still wining
As long as they still have fans they ain't going nowhere. They'll find a new way to scam. Lmao
"5-year-old in a lambo" just makes me think of how when I was five, my family drove me around in a red AMC Pacer with the bicentennial white and blue stripes on it, that they had to start with a screwdriver. When they finally upgraded from that car, I missed the old one because it was our car and it was colorful and the new one smelled funny. I could never drive a car due to visual impairment, but since then I've have had friends and family with every kind of car, from a 1977 Chevy Nova to a Lexus, and everything in between. Meanwhile, my mom who complained about how our 1982 Accord had no power steering when I was a kid, got to drive a Mustang by the time she was 55, but it's gone now, it was a maintenance nightmare.
I learned about the Lamborghini when I was a little kid, from the Cannonball Run movies. I didn't hear about it again really until the crypto boys started screaming "lambo" at each other. So now, to me, that brand just represents what a little kid's concept of a good car is.
Hahahaha, I also grew up with a '77 Nova in my family. Despite what crazy latinos claim (it's just a name, not to be taken literally!!) it was a pretty reliable car. What's funny is later on, they bought a brand new Buick. The Buick one day broke down but the Nova never saw a mechanic poke under the hood for anything other than oil changes. It just kept puttering along without a hiccup!
She had a full company backing that did everything for her, she just had to post and get 63% but she wanted 100% wtf is wrong with influencers? She really thought posting is worth 100%? 😂😂😂
Like her family know how to run all the backend operations.
She should get 5%
Finally the ace family is getting what they deserve.
Justice
......... FINALLY.... now we gotta move onto this dumbass Adin Ross kid.
@@guacfiend what did adin Ross do?
Maybe they do deserve it, but I feel bad for the kids. They’ve given up all their privacy without their choice and now they are going through a lot
@@jamieharris9010 I think he’s involved with all the weird crypto gambling shit
I feel so bad for their kids. I grew up with a narcissist parent and it was hell on earth. couldn’t imagine having 2 of them and having my entire life on blast from the moment I was born.
Don't forget his brother. He is also a bit off.
If I may ask, how was your experience growing up?
If I may ask, how was your experience growing up?
@@JayyCee22 Not OP, but I was raised by narcissists. They were huge on how things appeared to be and following parenting conventions to the letter. I didn't have a childhood of hardship like others, so this isn't that sort of story. The strict parenting did mean I was not allowed to spend time with friends nearly ever. Complaining about anything or perceived discontent resulted in immediate and disproportionate discipline. As an adult, I don't feel like I know them at all. People who share details about their lives to either of their parents to this day is so bizarre to me. For me, it would feel like sharing them with a complete stranger.
Imagine getting 70% of a multi million dollar company and it still not being enough for you. Absolutely mind blowing I hope they have money in a 529 for their kids college funds
This is what happens when you think you know it all. Just because you got rich from making videos doesn’t make you a financial expert. Take ten percent of that and get yourself a fiya azz lawyer and accountant and pay them to do the hard stuff
Yeah. Crazy how greedy some people are, they'd rather 100% of a tiny pie than cut anyone a slice of a much bigger one. 1212 gateway is the craziest thing I've heard in a while, they built the business she has 70% stake in up to 60millon a yr a growing and she tries to take their 30% instead of being thankful.
You nailed it,this when you need a lawyer and accountant on call 24/7 ..When a person starts believing their own bullshit into thinking this $10,000,000 home is mine and the lambo ...wait wait I owe $95,000 a month on interest !!!!!! hmmm..no normal bank would hand over that much of a loan to these guys..hard loan..crazy!
Donations.... Donations.... Donations....
GIFFS..GIFFS..GIFFS..GIFFS.
@@SteveAyanami hit the pay pow 💥
These fuckers will NEVER learn🙄
Side note: thank you for bringing up and explaining hard vs soft money lending and how they're typically used, didn't know what that was.
In the uk we call it a bridging loan. Stupid idea unless a person or business iw successful and guarantees payback and even then stupid idea as the interest rate is ridiculously high
I can’t imagine what their kids will go thru emotionally & psychologically when they realize they aren’t as rich as they were at the peak of their internet careers, & the expensive cars are gone. On top of that financial stress for every member of the family, I’m sure the kids will hold resentment for being used by their parents to uphold the lavish lifestyle they lived.
It will damage and disrupt there lives .
Just like a regular kid they don’t care about those things and more thinking about they dad and mom😂
@@blessed4l923 Man, they are not living the life of regular kids. This is gonna impact them.
@@mikaylaalexander23 it’s going impact kids that or younger then 10 about expensive cars😂 man they don’t care about that shit they kids all they care about is having fun and being with them you
@@mikaylaalexander23 only valid point is the stress point seeing your parents stress will probably have them wondering but the other shit I’ll doubt they would care about them selling their house or cars
this guy went OFF for 15 mins man, you got my respect for just putting in the time to learn about all this lol ,
Dog with a brother who looks like Landon lmfao
Dawg just needed a beat to make this a diss track lmao
“… and doesn’t include the future therapy bills of their children.” Omg I choked on my water
By god, this video was a straight up massacre
Ha!!! I read “mascara”. 😂😂
Like, this video totally made my eyes pop. 😂🤔😂
@@clairebeane3455 very eye opening i would say
Lol the response @Claire Beane @ G M
@@Its_sarajean 😂😂😂👁👁👁😂😂😂
“I was as shocked as John coffee in green mile” 😂 dark humor is my favorite
I have had the opportunity to be around people that have "made it" and I can tell you, almost 100% of the time, they are super humble. They recognize that they only got there with the support and help of others so it kind of feels wrong to parade around what you have. This is why social media is so dangerous. It sets unrealistic expectations that only cause others to feel inadequate in their own lives when in actuality they themselves might be better off than an influencer. And I would say also that most, if not all, are more than happy to talk to you about how they did it. Its hard to sell a course when most of it amounts to working hard, being smart, making connections, ect.
My former real estate boss is one of those guys that made it. He is very humble and my first real job was interning with him on the IT side of real estate. He even took the time to meet me in his office to discuss how he became successful. Nothing but hard work was his secret. He also said he doesn't believe in secrets. He said if there was anything I wanted to know, just ask. He told me everything he did to get to where he was at and told me most people won't do a thing when told how to become successful.
@@UnwittingMango did you end up staying in real estate?
@@gabrielsilvas692 I ended up in hospital IT where I have been for the last 8 years.
I own numerous businesses from manufacturing, property development, hospitality, agriculture, food production and so on.
I am not humble and fully understand that this was all achieved by myself and my natural ability. I do not buy into others helped me. All the risk was by myself and making the decisions were all mine.
But here is the thing none of that gives me the right to be nasty, screw people over or to assume that the world revolves around me.
I have management teams that run new projects and existing entities and never would I just assume that I could do what they can do. I have the knowledge of an accountant but I am not an accountant and would not even dream of thinking that I can administrate accounts like a auditor can.
These people were handed their success by others and did not recognise what they had.
@@bighands69 i look at alot of union workers the same way as influencers..spoiled people who dont know what they have and wind up squandering it.
This dude is the SAVIOR to people that fall victim to these fake gurus😂😂😂🏌
Might be a little too late for 5 Arch Funding lol
I also think they messed up with the boxing event because Austin genuinely thought his fan base (those interested in the kids and family friendly content) would care about him fighting. It shows how self absorbed he is & how out of touch he is with reality.
I didn't know about him or his opponent but everyone being glad he won made it look nice that the "good" guy won. Turns out they're both the assholes lol
Yuuup! I was so happy when I seen all the seats empty at that stadium lol
"Get put in time out like littler T Mart"
I'm on the floor dyin🤣😂😅😂
The Ace family didn’t get rich because they are interesting, smart, or talented. They got rich because sooo many people are just that stupid to buy into their act.
All of their viewers are young ppl who live vicariously through them
If they were rich they wouldn’t be going under fore closure
@@shopmycloset4273 💯💯💯 too many clowns spending money that isn’t theirs, trying to impress people they don’t know online
The first time I hear about this family since I don’t like watching reaction videos I just feel they’re kinda gay from my point of view. But I’m glad some folks are waking up on this not giving this kind of ass$$les views. There downfall is there wake-up call
Most famous influencers. Look at the people we give attention and fame to. Jake and Logan Paul, that chick who got famous for being a completely spoiled brat on Dr.Phil, and pretty much anyone famous from tiktok
“And that doesn’t count therapy for their children” 😂😂😂😂😂😂
That sent me 😭😂😂
*laughs until the cold reality of the fact that they will and it’s not their fault and we are kinda laughing at a child’s pain*
@@Werewolf.with.Internet.Access and laugh again at that realisation.
ngl that's pretty sad for those little kids
When I was picking my daughter up for school, another older girl-maybe 4th or 5th grade-was getting picked up by her dad in an R8 Spyder. I used to dream of that when I was younger. But seeing all the attention other kids were giving this girl purely because of the car, made me realize now as an adult how lame it is.
Don't get me wrong-I'm buying a Huracan when I can afford one. But I won't be picking my kids up in it because I don't want them growing up with a bunch of fake-ass friends.
👏
Good parents are a priceless gift
I used to pick my kids up from school in a toyota or Land Rover defender while other children were being picked up in Bentleys and other very flash vehicles. My vehicles were so out of place that I seriously considered getting a Bentley until I just accepted such a car was not for me.
but then you never know if your child is getting bullied
for them getting picked up in a trashy car.
kids nowadays are mean
That sounds more like you’re calling “sour grapes” rather than having learned anything
Spencer I love how smart and informative your content is. Hoping that this is the future of TH-cam, quality well researched, competently presented content that has some meaning to the world.
The part about how much money Catherine could have made is..... Astounding
She’s was practically the bread winner. Her partner misled her.
@@iBhacaBeats probably on purpose too
@@kawaiikokutan7686 I definitely don't doubt it. There are alot of people who are willing to self-sabotage, just to sabotage someone else.
@@kawaiikokutan7686 I bet it was, he very much gives the vibe that HE needs to be the boss and he knows all.
@@milehighgambler exactly
“Better to be lowly and have a servant than to play the great man and lack bread.”
Proverbs 12:9 ESV
“For what does it profit a man to gain the whole world and forfeit his soul?”
Mark 8:36 ESV
🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼
Gonna be honest: I read ESV as “Elder Scrolls V” and thought you were quoting Skyrim for a moment….
@@FPSGamer48 username checks out
Yup. Human beings have always had warnings and teachings about their potential for stupidity and hubris.
"and lack bread" old sayings coming back around lol
"Perhaps Ms. McBroom would have more accurate understanding if she participated in all of the Board meetings as she was obligated to do." Goddamn, 0 chill from the lawyers lmao
This is your #1 video and you literally just posted this a month from today.
Wow, Spencer, you've grown so much man. So happy of your success! Keep it up!
Solid breakdown
Ayo, whatchu doing here? Thanks for supplying me with so much of my life's soundtrack; guess I owe you.
Your channel is heat
Heyyyyyyy lemme head over to your Channel too!!
Ryan watches Spencer. Two worlds i didn't forecast colliding, but throughly appreciate
Love your stuff, thanks for all the beats and playlists
Was not expecting that Chappelles show reference 😂🔥
📠
The boy Trap Lore Ross!!
Yooo trap lore ross 🔥
#classic
Love your vids bud keep up the good work 🔥
Your getting really good at being a complete and utter SAVAGE bro. No doubt you will have triggered their hyper sensitivity to criticism even if it's its all 100% factual so I look forward to your next video on these pathetic influencers when you have had a chance to pick apart the laughable law suits when they arrive.
"As shocked as John Coffee at the end of Green Mile"
LOL you are so going to hell for that.
Kids being taught that a car makes you cool is disgusting.
And the kid seems to know better than to be like her parents
Don't trust anyone who says they are "changing the world".
I would want to know how they intend to change the world before passing judgment.
Changing the world… for the worse! Thanks for coming to my Ted talk…
This whole thing sounds just like hte fool building "the one" house in Malibu (search for the video tours on "producer michael" channel (3 of them)), and in the final video, the dude says he's going to have PPV boxing events to "change the world" (which actually translates to "my last ditch effort to raise some money to make a payment on this huge mistake before it gets foreclosed on), and I didn't see him pull off any PPV events either, and that's also getting foreclosed on as well - ironic how this is an almost exact copy
lmao
I did change it. I never vote.
I'm surprised this family hasn't yet broken any child exploitation laws... or maybe they have and just waiting to be exposed. I feel sorry for their kids, whose entire childhood has been plastered all over the internet. And the internet NEVER forgets and REALLY good at digging up the past.
What an informative and insightful channel! I am learning so much from you. Will share it with friends and family. Thanks Spencer
The daughter acts with more maturity than the father. He is a walking block of cheese, and Velveeta at that. I don't know that I have ever observed a greater amount of desperation to project a completely phony image of success. They cheat other people in high profile cheesy arrangements, and yet probably have a negative net worth. I can say with near certainty that every one of their viewers is also losing in their own life.
😅🙂
Honestly the guy asking his daughter what her classmates would think about "their Lambo" made me think about someone I know who doesn't have custody of his daughter, but he's always trying to impress her by buying things with money that is very questionable. The parents honestly sound like inmates who are always scheming about something.
Walking block of cheese 🤣🤣🤣
Wow, great comment. You, sir, have a way with words.
Had to look Velveeta up - mate, you are hillarious and your comment is spot on!
The Lambo-scene got me thinking.
"Hey, what are your friends going to say, if they see your parents get evicted from their house, because they were irresponsible Dbags?"
Personally, I don't want to know how much c*rap these kids are getting right now from everyone in their private school. They are the only victims here.
They probably already get treated like shit at home. I feel bad for the kids.
The kids are probably not getting anything. They are too young to understand flashy cars.
i don’t think little kids would care tho. or make fun of them
@Jalo I definitely disagree. Kids listen to what the grownups say and make that their own. So if the parents talk about the irresponsible idiocy the McBrooms showed in handling their finances, you can bet on it that the kids will parrot that to the McBroom kids word for word.
If the kids were still toddlers and it was about Kindergarten, then yes they probably would neither understand nor talk about it. But in school? Definitely. And kids can be WAY more vicious about it.
The McBum''s: "you're not going in the pink car today, you're going on the bus"
And I bet the kid would be so much happier.
🤣🤣
“I was as shocked as John cofee at the end of the green mile” bro I had to pause the video immediately 😭😭
He has always come across as quite the narcissist to me. The way he treat Mr Kate when they came over - at his request - to decorate their home, told me everything I needed to know about him.
Mr Kate did their best with that fire dumpster. Only watched that episode to support Mr Kate, can’t stand these idiots
This whole situation was so crazy to me! The way he treated mr Kate was so awful. As if Austin could ever do a room better than them lmao
That's the problem with people who put their relationships and family out there. You are pressured to keep it going even if it's going bad. I always cringe at tik-tok couples who obviously do stuff for show.
Same for YT couples
It’s really
Bizarre. If you take a step back and just observe how humans have become on yt and other platforms. Man I just don’t care. I care less and less about anyone these days
I just don't understand why people want to watch them
@@dylanroll5192 to escape their own misery and live vicariously through what they see
@@dylanroll5192 we watch ppl do literally everything else
YES to you blurring the children's faces.
“More shocked than John Coffey” lmao 😂🤦🏻♂️
I’m just astonished that they were even given such a big ass loan
I woulda invested in lucid and made 60m ina week
Yes and no. When you look at the scum bags that run the finance industry and the fact that they ruin the economy every 8-12 years and get incentivized to do it again by the government bailing them out, it’s not that surprising
especially since it is in California and it’s usually Cali or the east coast where big money gets lent to totally stupid places.
@@armandomunoz8687 bro, I had calls but sold to early because of my exp date and it was so rocky I HAD to sell