Carl Rinsch, the once-celebrated filmmaker who turned Netflix’s $55 million into a series of lost cryptocurrency bets and a fleet of luxury cars, now trends as the ultimate cautionary meme for anyone who has ever said “I have a great idea for a movie.”
Memo from the meme historians: The irony is thick enough to cut with a Gucci knife. Carl Rinsch was handed a blank check by Netflix to create a sci-fi epic, and instead, he spent it like a jilted lottery winner on a 72-hour bender. He reportedly bought a fleet of Rolls-Royces and Ferraris, blew millions on Robinhood and cryptocurrency speculation, and allegedly hired a private security firm to hunt down the shadowy cabal he believed was stealing his socks. The internet has now officially classified this as a “Certified Fresh” financial fiasco. The funny part? Even his failed film, “The Last O.G. of Cinematic Disasters,” has a higher completion rate than his bank account. The meme truth is out there—and it’s trending because we all deeply relate to the desire to say “screw it, I’m buying a Ferrari” with someone else’s streaming budget.