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1.
A person who has gained celebrity status from an example, usually in the form of a youtube video, of them epically failing to do something. They have epically failed with such finesse that they have earned respect from everyone and will continue to remain viral on the interwebs for a long time.
"Yo dude, have you seen that Epic Fail Wizard Mark Gormley on youtube yet?"

"I literally wept the first time I heard his music, dude- it was like hearing an angel that just ate another angel- so it had the power of two angels"
by Mottsap April 21, 2010