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Youngest Self-Made Millionaire?

by Josh MacDonald
30 replies
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Not billionaire, but millionaire. Know any under 20 with a million dollar company?
  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by Josh MacDonald View Post

    Know any under 20 with a million dollar company?
    Yes, there are plenty (and they make me feel old, for being over 20!! ).

    25 Self-Made Teenage Millionaires Have These 7 Things In Common - Business Insider
    How To Make A Million Before You Turn 20 - Forbes.com
    Top 5 Teenage Millionaires Entrepreneurs You Never Heard About - Softpedia
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  • Profile picture of the author hardraysnight
    justin bieber should qualify and any kardashian babies
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  • Profile picture of the author Shane Bellone
    Hardraysnight is right about Justin Bieber. He's worth 110 million.
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    • Profile picture of the author Alexa Smith
      Banned
      It's true, I'm afraid: he's only 19. (I suspect that he appeals only to girls under about 15, mind you, but that's another matter).
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    • Profile picture of the author thedark
      Originally Posted by Shane Bellone View Post

      Hardraysnight is right about Justin Bieber. He's worth 110 million.
      I have a domain I brought few years ago intended for something else, and now it matches the exact name of Justins new movie. However, I am too old to make a blog about bieber or his movies, I want to sell this domain to a younger fan who would like to blog and make profit on it. Here is the auction: https://flippa.com/2898751-justin-bi...-believe3d-com
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  • Profile picture of the author Josh MacDonald
    Justin Bieber doesn't count! Entrepreneurs with customers only.
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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by Josh MacDonald View Post

      Justin Bieber doesn't count!
      Neither could Einstein, apparently, but he did ok ...

      Originally Posted by Josh MacDonald View Post

      Entrepreneurs with customers only.
      Very wise distinction. (I'm not sure it's necessarily got rid of those Kardashians, mind you - don't they have a clothing line, or something? But they're over 20, anyway?).
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    • Profile picture of the author whateverpedia
      Originally Posted by Josh MacDonald View Post

      Justin Bieber doesn't count!
      Dead right. Bieber is "made", not self-made.
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  • Profile picture of the author socialentry
    Ghenghis Khan.
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    • Profile picture of the author Kurt
      Originally Posted by Josh MacDonald View Post

      Justin Bieber doesn't count! Entrepreneurs with customers only.
      Originally Posted by whateverpedia View Post

      Dead right. Bieber is "made", not self-made.
      The Biebs actually worked very hard to promote himself, including marketing himself on Youtube in his "early" days. I doubt you'll find a young musical artist that worked as hard as he did at such a young age.
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      • Profile picture of the author whateverpedia
        Originally Posted by Kurt View Post

        The Biebs actually worked very hard to promote himself, including marketing himself on Youtube in his "early" days. I doubt you'll find a young musical artist that worked as hard as he did at such a young age.
        I stand corrected on that one. Not being a fan, actually not giving a rats arse about him, I put him in the same category as Britney Spears.
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        Why do garden gnomes smell so bad?
        So that blind people can hate them as well.
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        • Profile picture of the author Alexa Smith
          Banned
          Originally Posted by whateverpedia View Post

          Not being a fan, actually not giving a rats arse about him, I put him in the same category as Britney Spears.
          I think that might even be being generous to him, myself.
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        • Profile picture of the author Kurt
          Originally Posted by whateverpedia View Post

          I stand corrected on that one. Not being a fan, actually not giving a rats arse about him, I put him in the same category as Britney Spears.
          I don't like Bieber's music at all. But if you get a chance sometime, his story is an interesting one and worth knowing.
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  • Profile picture of the author art72
    I don't know... but this little kid has my vote

    ETRADE Top 5 Baby Commercials - YouTube
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    • Profile picture of the author tagiscom
      Justin Bieber doesn't count! Entrepreneurs with customers only.
      Yep, Justin Bieber should be admired for his hard work and dumb luck!

      Although most of us slobs work hard for much longer without any life changing results!

      But just like the individual who developed the Cornflake, after about 21 years, success is possible!

      Fair enough that these children make it quickly, but they should stay out of the public limelight, or they will set themselves up for criticism, and getting put in gag videos on Youtube!

      Shane
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  • Profile picture of the author stamford
    ive seen a programme on bbc news24 about several young guns in India and China
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    • Profile picture of the author Silas Hart
      My brother made somewhere around half a million with gummy candy by the time he was 17. He made a mold to make over-sized gummy bears and gummy worms, similar to the ones found at Vat19.com

      They were mostly novelty, but he was always selling them. He tallied up his sales and we calculated that he made about a half a million in profit by the time he was 19 and got bored with it, went to school, got a degree. Now he works as a video editor for the WWE or something to that effect in Hartford, CT.
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      • Profile picture of the author taskemann
        Originally Posted by Silas Hart View Post

        My brother made somewhere around half a million with gummy candy by the time he was 17. He made a mold to make over-sized gummy bears and gummy worms, similar to the ones found at Vat19.com

        They were mostly novelty, but he was always selling them. He tallied up his sales and we calculated that he made about a half a million in profit by the time he was 19 and got bored with it, went to school, got a degree. Now he works as a video editor for the WWE or something to that effect in Hartford, CT.
        Thanks for the share mate. Always fun & motivating to read stories as this.

        I bet you're pretty proud of him
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      • Profile picture of the author williambrown
        Originally Posted by Silas Hart View Post

        My brother made somewhere around half a million with gummy candy by the time he was 17. He made a mold to make over-sized gummy bears and gummy worms, similar to the ones found at Vat19.com

        They were mostly novelty, but he was always selling them. He tallied up his sales and we calculated that he made about a half a million in profit by the time he was 19 and got bored with it, went to school, got a degree. Now he works as a video editor for the WWE or something to that effect in Hartford, CT.

        Grats to your brother
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  • Profile picture of the author Josh MacDonald
    Finally, here's one!
    Nick D'Aloisio, 17, suddenly rich, famous after Yahoo buys Summly - latimes.com
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    • Profile picture of the author expresswriters
      I know a couple guys on my skype who are 19, 20, 21 and making $1,000,000 already from various ventures. They're "under the rug" SEO agency owners, infomercial product developers, etc. I'm 22 and about a quarter of a million in. I'll get there before 24, folks.

      Here is a well panned out list of young millionaires under 21. Should be a good resource.

      Top 20 Young Internet Entrepreneurs Under 21
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      • Profile picture of the author Josh MacDonald
        Originally Posted by expresswriters View Post

        I'll get there before 24, folks.
        Late to the party I see.
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  • Profile picture of the author Young Financier
    Farrah Gray.
    He made his first million at the age of 14.
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  • Profile picture of the author HeySal
    Can't figure out why people hate on Bieber so much. When he started he was just a 10 year old kid with a great singing voice for a 10 year old kid. He's goofy now, but name a guy his age that isn't goofy? That's the MO for boys in their teens. I don't see any difference in him and Donny Osmond. We headbangers hated his music back in the day, but we didn't hate on him like people do Bieber. He's little girls fantasy figure. So what? I give any kid that can do something with themselves (even with some help) some credit. A lot of adults will never achieve the discipline he has. What he does is a job - it's probably a really fun job - but it's still a job and takes some discipline. Go easy on the kid. He'll grow up.
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  • Profile picture of the author whateverpedia
    Here's a new one:

    A British-born entrepreneur who spent several years in Australia, has just become the world’s newest multi-millionaire, and perhaps its youngest, after selling his mobile news app to Yahoo! for a whopping US$30 million (AU$28.6 million) at just 17-years-old.
    Meet The World's Newest Tech Multi-Millionaire

    17 years old!!!!!!!!!!!!!!!
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    Why do garden gnomes smell so bad?
    So that blind people can hate them as well.
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  • Profile picture of the author socialentry
    Mike Tyson certainly had one of the fastest rise to wealth ever.
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    • Profile picture of the author whateverpedia
      Originally Posted by Josh MacDonald View Post

      Covered in post #19...
      DOH!!!!!

      Originally Posted by socialentry View Post

      Mike Tyson certainly had one of the fastest rise to wealth ever.
      And one of the fastest falls as well.
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      Why do garden gnomes smell so bad?
      So that blind people can hate them as well.
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      • Profile picture of the author tagiscom
        Can't figure out why people hate on Bieber so much. When he started he was just a 10 year old kid with a great singing voice for a 10 year old kid. He's goofy now, but name a guy his age that isn't goofy? That's the MO for boys in their teens. I don't see any difference in him and Donny Osmond. We headbangers hated his music back in the day, but we didn't hate on him like people do Bieber. He's little girls fantasy figure. So what? I give any kid that can do something with themselves (even with some help) some credit. A lot of adults will never achieve the discipline he has. What he does is a job - it's probably a really fun job - but it's still a job and takes some discipline. Go easy on the kid. He'll grow up.
        The economic conditions don't help with this issue, you have hard working people losing their homes, jobs, etc, and then the stressed out population turn on the tv, and see this, the inevitable happens.


        Its a bit like the snakes and ladders board game, when someone is playing by the rules, and has put in a lot of effort to get to where they are on the board, then someone who hasn't played the game before, lands on the biggest snake, and jumps past pretty much everyone else, and wins, or creates wealth, will annoy some of the other players!

        Being younger only exasperates the issue. But you are right being dorky doesn't help; the Harry Potter actors, were in a similar situation, but were cool rather than dorky!

        And they don't get as many comedy youtube videos done than Justin Beiber does!

        Shane
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