Instagram influencer left to pay off husband’s $54m debt
Instagram influencer Candice Miller has been left paying off her husband’s $33.6 million debt after the high-profile real estate mogul took his own life.
US influencer Candice Miller has been stuck paying off an eye-watering $US33.6 million ($A54.1m) debt left behind after her husband’s shocking suicide.
Candice, 42, is the founder of lifestyle and mommy blog Mama & Tata and a familiar face on the Hamptons social scene who rubbed shoulders with the likes of Mary-Kate and Ashley Olsen, stylist Rachel Zoe and Ivanka Trump.
The blog documented her high-flying and luxe life online but for the past five months she’s been left reeling from the death of her husband, Brandon Miller, a high-profile New York real estate developer who killed himself as he secretly battled a mountain of debt, the New York Post reports.
Brandon Miller had just $US8,000 in the bank when he died by suicide on the July 4 holiday at the family’s sprawling Hamptons home, the New York Times reported said.
Candice, who received $US15 million from her husband’s life insurance policies, sources told the Times, is currently living with her two young daughters in Miami Beach at a 2,800-square-foot condominium overlooking the ocean.
The $US10 million home is owned by a company affiliated with fashion bigwig Diane von Furstenberg’s son, Alexander von Furstenberg, and is on loan to Candice.
She declined to comment to the Times.
After Brandon’s death, Candice admitted to friends that she never asked about his business dealings and didn’t keep tabs on details of their personal finances.
Brandon, 43, had more than $US20 million in debts, according to court filings, including a $US11.3 million loan from BMO Bank in Chicago, and a $US2.1 million loan from UBS Bank.
Candice has so far agreed to pay about $4 million to settle a lawsuit over one of her husbands’ unpaid loans, according to court documents, and her legal team is still working to see what other debts she is on the hook for.
Candice Miller was also sued in September for $US194,881.89 in unpaid rent for the couple’s luxurious, $US49,000-per-month Park Avenue pad.
She has denied that she owed the rent, claiming she did not personally sign the lease agreement.
The Millers’ gorgeous Hamptons home – Brandon’s main asset – had five mortgages totalling nearly $US12 million. It was put on the market following his death for $US15.5 million and sold last week for an undisclosed sum.
One lender who gave Brandon a loan of $US208,000 in early June said he was repaid with interest following the sale of the home.
Candice has boasted to lifestyle sites before about her Dior sunglasses, Prada beach tote and shopping at Chanel in East Hampton.
The influencer’s life was turned upside down when her husband was found unresponsive and rushed to a nearby hospital, where he died a few days later.
Candice and her daughters were vacationing on Italy’s Amalfi Coast at the time, the Times previously reported.
This story originally appeared on The New York Post and was reproduced here with permission.