Spencer Cornelia: Net Worth, Gossip and Earnings (2024)

Facts About This YouTube Legend

Published: November 1, 2022

Last updated: January 4, 2024

By Joshua Smith πŸ‡¦πŸ‡Ί

I Help Beginners Build Profitable Websites

Welcome to the ultimate analysis of Spencer Cornelia for 2024.

I’ve spent thousands of hours watching successful business educators on YouTube. I’m one of Spencer’s biggest fanboys because:

➜ He applies critical thinking when evaluating gurus

➜ He doesn’t go on a witchhunt like Coffeezilla

➜ He maintains a neutral and rational narrative

➜ He shares his wins, failures and lessons for us

➜ He’s also funny AF with his epic YouTube series

The goal of these profiles is to show you the different ways people have built 6 and 7-figure businesses online, so you can see what it takes to find your own success, starting today.

Spencer Cornelia Facts

πŸ’‘Full Name and Age

Spencer Cornelia is 33 years old.

πŸ€‘ Net Worth

YouTubers typically do quite well for themselves.

As of 2024, Spencer Cornelia has a net worth of $600,000.

He’s been pretty open about getting to his first $100,000, mainly through house hacking.

From there, he has invested wisely and built a successful business via car renting, house flipping and on YouTube.

And while he owns 4 rental houses in Vegas, he isn’t a millionaire, but many find Spencer relatable and his content super valuable, including myself.

🀩 Income Streams

Spencer makes money from house hacking, house flipping, car rentals, YouTube ads, affiliate marketing and brand sponsorships.

🌍 Location

Spencer Cornelia lives in Las Vegas, Nevada. I don’t have his address and if I did, I certainly wouldn’t want to dox him. He’s already got a few fake gurus trying to make a hit on him… πŸ™‚

✌️Common Praise

Genuine, down to earth, funny AF, maintains a rational viewpoint and has excellent video and audio quality. He’s also not afraid of Cease and Desists letters of which he’s received several.

❌ Notable Complaints

The fake gurus hate him and often try to get their followers to write negative stuff in his YouTube comments. Fortunately, Spencer’s army is 11x stronger.

Spencer was caught up in both the Established Titles and FTX scandals of early 2023.

And yes, he is in a lawsuit with Derek Moneyberg. More details below.

πŸš€ The X-Factor

A guru slayer that actually gives a shit and sees both sides of the coin.

πŸ“ˆ Creator Trends

Spencer has grown significantly on YouTube these last few months. His audience has remained sticky as his content resonates but is helpful too. Nothing feels rehashed.

πŸ•΅πŸ»β€β™‚οΈ Private Life

Spencer has confirmed to me that he’s single.

I think he would be a great match for Anna’s Analysis who runs a similar channel.

πŸ‘¨πŸ»β€πŸ’» My Verdict

I’ve watched 99% of the videos that he’s put out. He’s made me a better marketer and his use of critical thinking is refreshing. Through his channel, he’s also helped me discover helpful additional creators that operate real businesses.

About Me

I’m Joshua Smith from Australia. I have been building profitable content sites since 2011.

Today, in addition to managing my own portfolio, I actively help others on their journey.

How much does Spencer Cornelia make and how?

Based on my estimations, Spencer makes $9,000 per month on YouTube but during 2021/2022, he made significantly more.

Yes, our favorite YouTuber previously made a doctor’s salary, but how?

Well, he does this through:

➜ Brand sponsorships with various companies (but he’s often picky about who he works with)

➜ Affiliate links to various platforms that genuinely help individuals (batchleads.io for example)

➜ Allowing gurus to run ads on his channel so they burn their ad budget (well played!)

He’s definitely treating his YouTube channel like a real business.

Spencer still lives with housemates and saves 80% of his income. In addition, he makes money from house hacking and car rentals.

Creator Praise

His audience and fanboys like me respect him a ton because:

➜ He looks at topics objectively

➜ He can actually think critically

➜ He uses the best-timed jokes

➜ His content is super addictive

And he isn’t trying to sell you something.

Creator Red Flags

Unlike Coffeezilla and Tom Nash, Spencer has created limited controversy. He is hated by those from OnPassive, Steve Stevens (wtf name is that?) and Mr Organik.

Is Spencer Cornelia being sued?

Yes, Spencer Cornelia currently has a lawsuit with Derek Moneyberg.

He’s being sued for $2,000,000 USD and he’s already $230,000 out of pocket for legal bills.

This has been the toughest fight of his life…

“I went to sleep at night not knowing how I was going to pay my bills.”

Spencer Cornelia

He’s excited to make a huge leap forward and move away from the guru-slayer niche.

Spencer Cornelia was sued a couple of years ago by Derek Moneyberg, also known as Dale Buczkowski, owner of Wealthy, Inc, after a series of videos.

He is the case extract:

Source: https://casetext.com/case/wealthy-inc-v-cornelia-6

He did offer Derek a settlement (a very lowball offer) but Derek didn’t bite.

Ultimately, I think this will be dismissed in 2023.

After all, he is backed with hard data and opinions. His videos are for entertainment purposes only, paired with much of the YouTube community on his side.

Common sense typically prevails in these situations.

Surprisingly, Spencer does NOT have media liability insurance and didn’t expect anyone to sue him. He admits that he couldn’t afford it and is surprised by how cheap it is.

Moving on, I do like this video:

Whether he’s the interviewer or interviewee, the content is always gold.

The only thing I haven’t found out was…what happened to Spencer Cornelia’s Tangram Payments series? It was 4 videos long about a company takeover and super interesting. Did he get sued and fold? Did something else happen? If you have any information, please let me know.

Like numerous creators, Spencer Cornelia was a promoter of the Established Titles scam, however, he didn’t see it as a scam himself. As this coincidided with the FTX scandal, Spencer’s reputation took a decent hit with many in the comments section turning against him for defending his buddies.

From this, he lost a decent percentage of his audience and some reputational damage and had Scott Shafer on his case. I never expected that to happen, but yet, here we are…

The X Factor

Anyway, let’s get back to the positive side.

The unique qualities of Spencer include:

➜ He’s fearless and with heavy brass balls, especially as many of the people he calls out live in the same city and could physically attack him while he’s out on the strip

➜ He uses rational thinking, logic, wit and humor to get his points across while maintaining a beautiful flow to his YouTube videos which are highly engaging mini-documentaries

➜ You’ll never see him resort to personal attacks of character or malice, instead choosing to be factual in his addictive comentary with some silly jokes thrown in

➜ He’s not doing this for the money but does enjoy empowering individuals with genuine ways to build an income through his own experiences and super helpful guest interviews

And ultimately, I and many others secretly hope he never stops uploading. He’s a gem to the YouTube community and allows the swamp to be cleaned out often.

My Verdict

Ultimately, I’ve learned a ton from watching Spencer’s videos on Youtube. He’s a real dude that calls out the fakers and complete lunatics.

At the same time, he’s mostly non-biased in his analytical videos and commentary such as this:

I have all my YouTube notifications turned off (as with an hour-long attention span, I don’t need the dopamine hits), but I often search for his most recent videos. I’m never disappointed.

In fact, with the H3H3 episode above, not only was I agreeing with Spencer the entire time…but I was guessing what he was going to say next. Maybe I’ve watched his channel a little too much.

And even if you’re not into the controversial call-out videos he publishes, he does share a ton of helpful interviews on his channel. This series with Jesse Burrell of BatchService was especially interesting and helpful:

So it’s clear to see why Spencer is so popular on YouTube. He genuinely gives a shit about people and their success. The best part? He certainly doesn’t want a dollar from anyone.

He’s playing the long game and I also advocate for this philosophy. No short cuts here.

My key takeaways include:

➜ Don’t believe everything you watch, see or read online (including my own writing!)

➜ You need to work super hard and consistently to achieve real-world success online

➜ Be willing to stumble, fail, learn, hustle and seek real-world advice along the way

➜ This is a super long journey so avoid shiny objects and get rich cheesy schemes

And unless money is no object, avoid $997 courses and expensive mentors.

Much of what you seek to learn is available for free on YouTube and through books.

Skillshare and Udemy also offer reasonable value for money but may be outdated.

And don’t give up. Plenty of opportunities are out there. Stay patient and persistent.

I’ll see you at the finish line.

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I'm Joshua from Australia. πŸ‡¦πŸ‡Ί

I've been blogging for 12+ years here and have built up numerous sources of online income.

Nothing comes fast or easy through this journey...

Though buying an existing online business is one epic shortcut...

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