I'd like to reply in more detail (even if it's somewhat off topic), since I notice some bitterness and jealousy in threads like this that's just plain unhealthy. So bear with me.
Well he actually explained exactly how in the video...;
Summary, do whatever the fuck you want and do it 'perfect', mainly party hard and see everything and anyone and every experience and feeling as objects to be bought and owned. Oh yea, and 'work hard', whatever that means in his life... Not sure if he even knows what work is?
Although i do wonder how he gets his apparent extreme wealth seemingly falling out of the sky, i feel no jealousy if it comes with the above mindset. He owns 38 elite beauty salons, okay cool, how come nobody ever heard of them before until recently? These things take great time to establish and grow into a respectable and profitable business... so beats me
He says he's born in a wealthy family, so he was probably raised with the mindset i tried to sketch above. For their sake i hope it works out for them in the long run.
This makes sense. I did a casual google search on his business back in the day when this thread became popular. I couldn't find much, if anything. People who have built that kind of wealth from scratch - say in the IT industry - usually leave a lot of traces on the internet. People talk about them, business blogs and newspapers cover them and their businesses. Just think of Elon Musk, for instance. Google him for a couple of minutes and you know how he made his money, what products he developed, what services he provides. Yotta and his business were like a ghost, hence the conclusion that he's probably from old money. Maybe he inherited the family fortune fairly recently and was looking to invest the money instead of hoarding it in some trust fund. That's what makes his replies to average guys on the instagram or facebook accounts who ask how to achieve that kind of lifestyle -
"just work your ass off and believe in yourself" - so silly. I've known guys like that, so I've heard it all before. It's bullshit that old money elites have been feeding the masses for thousands of years. You or I can work 16 hours a day until we're a hundred and, save from the one in a million chance of inventing the next facebook or paypal - will never, ever even come close to affording the lifestyle of the Yottas and Bilzerians of the world. These guys had such a tremendous leg up from the day they were born that someone born into average means can never catch up to them. What we can achieve, thanks to our education and skills, is an upper middle class lifestyle - but that comes at the price of long work hours every day. Thus working people need to constantly weigh their priorities of free time (to spend with friends, family, kids, hobbies) vs more work (more income to spend). Someone who was born rich doesn't need to prioritize. People who need to work for a living don't have time (or excess money to spend) to go on vacations, parties, safaris and Vegas debaucheries all the time like the Bilzerians of the world do. And when they sell the pipe dream that every one of their male fans can live large like that if only they work hard enough, those who are experienced enough in life to see through it may get pissed off. Being that priviledged and rubbing it in everyone's faces tends to annoy people who have to work shitty jobs for shitty pay to be able to maintain a roof over their head and food on the table.
Personally I do believe that jealousy is one of the most self-destructive emotions to relish in, since it does nothing to improve my life or the things in my life that I'm not happy about. It's just energy that is better spent on positive things, like honing your skills or spending quality time with people that matter.
I don't place great value in materialistic things beyond pragmatic, practical reasons (say, spending top dollar on a great computer setup, because it makes my work easier). That's why guys like Yotta don't bother me like they apparently do bother some other users here. Just because these guys have a lot of "things" - and I include the bought and paid for women in there - doesn't mean they're happier than you or I, or that they're more fulfilled and content, or wake up with more of a sense of purpose in the morning. There are plenty of rich people who live rather emptly lives, while people who work for average pay but get to help others or improve humanity in some way are a lot happier. There's a reason why consultants and investment bankers report much lower job satisfaction rates than firefighters and nurses. According to studies, there's no increase in happiness beyond an annual average salary of $ 70.000 (these are US numbers, the median income in the US is $44.000) - that's just an upper middle class income. You can make millions or even billions but it doesn't have an impact on your quality of life. That is an illusion sold by guys like Bilzerian and Yotta because it makes them feel better about themselves, but you don't need to buy into that.
As for women, I prefer a loyal, nice, but not earth-shatteringly spectacular looking woman who'd stick with me if things get tough - say, my business goes bankrupt or I fall seriously ill - over one of those perfect looking airheads that Bilzerian has to pay to keep him company any time of the day. I doubt any of these "models" would let him crash on their couch if he lost his daddy's fortune. All of these "friends" would disappear into thin air. Sure it would be nice to be "that guy" for a weekend and fuck all these ridiculously hot women, but overall - as a LIFE - it's nothing to get jealous about. You don't need to emulate that to live a quality life of your own.