Brandon and Candice Miller fake existence was more dire then previously understood with the Hamptons real estate mogul $34 million debt (double previously thought) with only $8000 in a bank account at the time of his death as the couple desperately sought to keep up uber luxury appearances amid vast debts and failed business ventures.
At what cost appearances? Influencing who exactly? A Hamptons real estate developer who killed themselves last month after a ‘make or break’ deal fell apart at the last minute was $34 million in debt with a scant $8,000 in his bank account- this while having sent off his influencer wife and their two kids to a $1000 a night Amalfi coast holiday bonanza …
Brandon Miller, 43, who flaunted a high-flying Hamptons lifestyle bankrolled by millions of dollars in secret debt along with his influencer wife Candace, was so far in the red, that the pair hid being $34 million in debt, with just $8,000 in his bank account, TheRealDeal reports.
Real estate mogul and lifestyle blogger living make believe lifestyle
To date, it remained unclear to what degree Candace Miller who zealously paraded the family’s lavish lifestyle on social media was necessarily aware of her husband’s (and her own) hubris and the degrees of eventual swindle, Brandon Miller perpetrated to get his hands on necessary cash so Candace could just as quickly spend it on their make believe life – that they insisted to somebody watching, that they were purportedly living.
While Brandon Miller scrambled to come up with loan shark money or shady deals (that he almost had to know he could never honor) wife Candace proceeded to play matriarch goldilocks on her now defunct lifestyle blog Mama + Tata, in which the perfectly preened mom with $400 lip gloss presented a fairy-tale life for the world to see, playing the role of the lucky (God’s chosen one) and ‘affectionate’ head of an idyllic upper-crust family.
But it was alas not meant to be and not so lucky. And completely fake. But who knew? Candace? Brandon apparently did …
Notes the nypost: ‘Candice — who palled around with the likes of Mary-Kate and Ashley Olsen, stylist Rachel Zoe and Ivanka Trump, as well as her cousin, Something Navy fashion blogger Arielle Charnas — inspired both envy and resentment for showing off what on the surface appeared to be a perfect life.’
Dire finances
But in reality the family was living wildly beyond their means and massively over leveraged.
Drumroll. And here were the numbers that Brandon had to juggle with until his last dying breath before deciding he would rather lock himself in a garage with running exhaust fumes while sitting in his car and take his own life.
Some $11.5 million of Miller’s debt was from mortgages on the family’s Walter Mill estate — now on the market for $15.5 million — which were spread out across four different loans.
The biggest single outstanding debt was an unsecured $11.3 million loan from BMO Bank in Chicago. He also owed $6.1 million on an unsecured loan from Donald Jaffe, who had previously funded Miller and his father, Michael Miller, on several development projects.
He was in arrears to American Express for over $300,000, $266,000 to Brooklyn-based cash advance service Funding Club, and hundreds of thousands more to a variety of businesses and financial service providers.
Brandon & Candice Miller real estate mogul and social media influencer couple undone
At the time of his death it had been estimated that the Millers had been $17 million in debt, half of what it’s now known he owed.
Leading up to Brandon Miller’s suicide death, the doomed couple had already been forced to sell up their TriBeCa townhouse and were renting a $47,000-a-month Upper East Side home to try and keep up appearances.
Surely the make or break deal would come through?
The New York Times previously reported Brandon Miller detailing two life insurance policies that could be used to pay off creditors in his suicide note. That would almost now be fought in court.
Candace Miller and the couple’s two young daughters have since moving to Miami to escape start a new life. It remained unclear how Candace would pay for the relocation and to what degree she was now personally liable for Brandon Miller’s debts and whether the former photogenic family matriarch now had her eyes set on a new wealthy man to foot a new batch of bills …
