Failing ventures and Twitter hiatus spark Tai Lopez bankruptcy concerns
Influencer, entrepreneur, and self-help guru Tai Lopez is having a very strange year. The usually loud and self-centered 46-year-old, well known for his videos showcasing his sports cars, mansions, and bookshelves, has gone uncharacteristically quiet on his social media — save for YouTube and Instagram, where he continues to push self-help podcasts and book reviews. So, what’s going on? Lopez’s last post on Twitter roughly two months ago announced the sad news of his best friend’s passing. While it’s undoubtedly tragic to lose a loved one — and certainly a valid reason to take a social media hiatus — the loss isn’t the only explanation as to why Lopez’s posting has diminished. On March 2, the Wall Street Journal reported that Lopez’s company, Retail Ecommerce Ventures, LLC, was struggling to stay afloat and seeking legal assistance from Kirkland and Ellis, the same law firm working with Celsius Network and Voyager Digital in their respective bankrupt cy cases. Th...