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What happened to millionaire after going homeless to prove anyone can make $1 million went wrong

Home> Lifestyle

Published 15:55 3 May 2026 GMT+1

What happened to millionaire after going homeless to prove anyone can make $1 million went wrong

Mike Black created Million Dollar Comeback in a bid to inspire others and show how you can go from 'nothing to something'

Lucy Devine

Lucy Devine

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If you remember the guy who made himself homeless in a bid to have a 'million dollar come back', you might be interested to know he has since shared an update on what happened next.

Back in 2020, in the middle of the Covid-19 pandemic, Mike Black stepped away from his seven-figure business and started sleeping on benches.

After waving goodbye to his friends and family, and clearing out his bank account, Mike committed to the challenge - named the Million Dollar Comeback - in a bid to inspire others and show how you can go from 'nothing to something'.

Black cleared out his bank account for the experiment (YouTube/Mike Black)
Black cleared out his bank account for the experiment (YouTube/Mike Black)

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Black's first challenge was first finding somewhere to sleep, after which he started selling Craigslist furniture for a profit.

On the side, he also started doing odd jobs such as telemarketing and delivery work.

"One of the best things to sell are tables," he said. "I started taking ads on Craigslist in the free section, putting it on Facebook Marketplace and selling it for a profit.

"I acted as the middleman, handling all the logistics between the buyer and the seller."

He then went on to to launch a coffee brand that donated proceeds to animal rescues.

But sadly, Black ultimately ended up finishing the project early after a number of personal challenges, including some health issues and finding out his father had been diagnosed with stage four cancer.

"I have officially decided to end the project early... I've been dealing with a lot of things personally... my health has declined to the point that I need to start taking care of it," said Black.

"A lot of what's come to light for me is what truly matters, health and gratitude."

In that time, he did, however, make $65K (£52K)

A few years on from the experiment and Black shared an update about what had happened since.

In a video on his YouTube, he said: "I started a new business called Talent Stream, a recruiting agency, within three months of starting the business we're doing $100,000 a month almost all profit. Things are going really, really good.

"... We hired a couple of people, made some mistakes, hired better people, we have good people in place now and we're looking to keep growing and get through the down market... The other things that matter a lot more haven't been good.

"... I also did sell Bark and Bailey for not so much, that was the coffee company I started... those are the main highlights."

Black also explained that his father passed away, adding: "It was something I knew was a very high probability of happening because the cancer was very advanced, so I spent a lot of time with him since I last posted.

"The last couple of months where he got sicker and sicker I even moved into my parents' house to take care of him full time, I'm really just grateful for all the time I got to spend with him.

"... You'll never look back on spending time with someone you care about and go 'I wish I didn't spend as much time with them', you only want to have spent more time with that person."

Featured Image Credit: YouTube/Mike Black

Topics: Social Media, YouTube, Money, US News

Lucy Devine
Lucy Devine

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