'King of Instagram' is running for US presidency

Widely acclaimed King of Instagram, Dan Bilzerian, is a millionaire, a self-proclaimed "sexual philanthropist," and a social media superstar with millions of Instagram followers.

Now, he's also a 2016 US Presidential contender.

Reports say on June 24th, he'll begin his "bid for the White House" by throwing a "Dan Bilzerian 2016" party at the Marquee, an exclusive nightclub in New York City.

Sources also say the starting price for admission to the soiree is $40.