Dwayne Clark’s Aegis Living owns more than $2 billion in real estate, according to Clark. He recently boasted that his company redistributes “double-digit million” payouts to Aegis’ 252 private investors. In 2023, Aegis Living raised $23,800,000 from investors in a new funding round. Aegis facilities generate $300,000,000 in annual revenue.

Aegis Living facilities are “private pay” which means they do not take low income Medicaid residents. Instead they offer a “luxury” experience, charging residents high rent plus “care costs” and additional fees, adding up to a bill that can total nearly $200,000 in the first year, far above Washington’s average assisted living cost of $54,000/year. 

While caregivers are paid near-poverty level wages, Aegis Living headquarters are more of an “art gallery” including excesses like a treehouse, a float tank, and a “virtual reality body gyroscope planking workout machine” for management.

Dwayne Clark’s Lavish Life…

Although his public relations website claims he is “Serving Humanity Humbly,” Dwayne Clark brags that he’s an “industry disruptor” and commissioned a life-sized mural with mocked up images of fellow “disruptors” Jeff Bezos, Elon Musk, Bill Gates, Howard Schultz, and Mark Zuckerberg. He also boasts about appearing on the discredited Dr. Oz television show and with multiple celebrities including the Pope.

Dwayne Clark is a supposed billionaire who owns a $63 million California oceanfront mansion and a $20 million lakefront mansion in the exclusive Hunt’s Point neighborhood of Medina. He regularly posts photos from expensive vacations in Capri, Antibes, and Rome. He spends his profits on a movie production company and posts photos from his yacht.

…While Paying Caregivers Far Below the Very Low Income Threshold

Clark claims on his website that he grew up “very poor” with a single mother and recorded a inspirational video about “getting out of the poverty trap.”

Ironically, Clark pays single parents far below the U.S. HUD very low income threshold for a 2-person household in King County.

Clark says “No one in my life will go hungry again” but Aegis Living’s job postings for a medication manager and a caregiver show he pays just pennies over minimum wage, and below very low income levels for a single parent - making many Aegis Living caregivers eligible for government assistance for housing, healthcare, and food.

Clark asks Aegis Living caregivers to contribute parts of their small paychecks to his “Potato Soup Fund” to help employees in “extreme times of need,” however Aegis Living’s low pay puts caregivers in need for rent, food, medications, and other necessities every day.