I Asked Teenage Millionaires How They Got Rich
19 Year Old @cashonyt Making 4million dollar a year from YouTube streaming
cashonyt used to work at chipotle, after becoming successful Minecraft streamer cashonyt bought a multiple sport cars.
cashonyt advice on “how to become a successful Minecraft streamer on YouTube”
- Master Minecraft: Play the game extensively and develop your skills. Being good at the game will attract viewers who want to learn from or be entertained by your gameplay.
- Define your niche: Minecraft is a popular game, so finding a unique angle or niche can help you stand out. Whether it’s showcasing impressive builds, survival challenges, redstone creations, or mod showcases, find something you are passionate about and focus on it.
- Create a brand: Develop a consistent and recognizable brand for your channel, including your channel name, logo, and visual style. A strong brand helps viewers remember you and differentiates you from other streamers.
- High-quality equipment: Invest in good-quality streaming equipment, including a high-resolution webcam, a good microphone, and a stable internet connection. Viewers are more likely to stick around if they can see and hear you clearly.
- Entertaining commentary: Engage your audience with entertaining and engaging commentary. Be yourself, have fun, and interact with your viewers as much as possible. Respond to comments and build a community around your channel.
- Consistent schedule: Establish a regular streaming schedule that your viewers can rely on. Consistency helps build an audience and lets them know when they can expect to see you online.
- Networking: Collaborate with other Minecraft streamers or content creators. This can help you tap into their audiences and expose your channel to a broader viewer base.
- Promotion: Promote your channel on social media platforms like Twitter, Instagram, and Facebook. Share highlights from your streams, behind-the-scenes content, and updates to attract new viewers.
- Engage with the Minecraft community: Participate in forums, Reddit, and other community platforms related to Minecraft. Engaging with the community will help you build relationships and increase your visibility.
- Analyze and adapt: Pay attention to your analytics to understand what content resonates best with your audience. Use this data to refine your content strategy and focus on creating content that performs well.
- Patience and persistence: Building a successful YouTube channel takes time. Stay committed, even if you don’t see immediate results. Be patient and keep improving your content.
Remember that success on YouTube doesn’t happen overnight. It will take time and effort, but if you’re passionate about Minecraft and committed to your channel, you can build a dedicated audience and become a successful Minecraft streamer on YouTube.
16 Year Old @PBInvesting Making $10000/month from day trading
16 Yr Old Day Trader/Entrepreneur • Options/Equity | Daytrading for 3+ years | NFA,
@PBInvesting advice on ” how to become a successful day trader”
- Education and Knowledge: Start by learning about financial markets, trading strategies, technical analysis, and fundamental analysis. There are plenty of resources available, including online courses, books, and educational websites. Understanding how the markets work is crucial before you start trading.
- Practice with Simulators: Before risking real money, use trading simulators or paper trading accounts to practice your strategies in a risk-free environment. This allows you to gain experience and confidence without the fear of losing real capital.
- Choose a Trading Style: There are various trading styles, such as scalping, day trading, swing trading, and position trading. Day trading involves opening and closing positions within the same trading day, so it requires close monitoring and quick decision-making.
- Develop a Trading Plan: Create a detailed trading plan that outlines your goals, risk tolerance, entry and exit strategies, money management rules, and overall approach to trading. Stick to your plan and avoid emotional decision-making.
- Risk Management: One of the most crucial aspects of successful day trading is risk management. Never risk more than you can afford to lose on any single trade. Set stop-loss orders to limit potential losses and use position sizing to control risk.
- Keep Emotions in Check: Day trading can be highly emotional, especially when money is at stake. Successful traders remain disciplined and stick to their trading plans, even during times of market volatility.
- Continuous Learning: Financial markets are constantly evolving, so it’s essential to stay informed about market trends, news, and economic events. Continuously learning and adapting your strategies is vital for long-term success.
- Choose the Right Broker: Select a reputable and reliable broker that offers the trading tools and platform suited to your needs. Consider factors such as commissions, fees, customer support, and available markets.
- Start Small: Begin with a small trading account and gradually increase your position size as you gain experience and confidence. Avoid risking a significant portion of your capital on single trades.
- Keep Records: Keep a trading journal to track your trades, including entry and exit points, reasons for the trade, and outcomes. This helps you analyze your performance and identify areas for improvement.
- Be Prepared for Losses: Every trader experiences losses. Accepting this reality and learning from your mistakes is crucial for growth as a trader.
15 year old Eric Zhu raised $1 million dollar for their startup Aviato
Eric Zhu, co-founder and CEO of Aviato, built an impressive company only at the age of 15. Zhu’s company is essentially a platform which facilitates start-up funding. The teenage entrepreneur from the United States even serves as an investor with Bachmanity Capital.
Eric Zhu advice on “how to raise funding for unique startup idea”
- Develop a Comprehensive Business Plan: Create a well-researched and detailed business plan that outlines your unique startup idea, target market, revenue model, marketing strategy, competitive analysis, and financial projections. Investors will want to see a clear vision and a solid plan for executing it.
- Identify Potential Investors: Research and identify potential investors who might be interested in your industry or startup idea. This could include angel investors, venture capital firms, crowdfunding platforms, or even strategic partners.
- Network and Build Relationships: Attend industry events, networking meetups, and startup conferences to connect with potential investors. Building relationships with investors can help establish trust and increase your chances of securing funding.
- Create a Compelling Pitch: Craft a persuasive and concise pitch that highlights the uniqueness of your startup idea, the problem it solves, and the market potential. Your pitch should clearly communicate the value proposition and the opportunity for investors.
- Consider Bootstrapping: If possible, consider bootstrapping your startup initially by using personal savings, loans from friends or family, or other non-equity financing options. This can demonstrate your commitment to the idea and make it more appealing to potential investors.
- Seek Angel Investors: Angel investors are individuals who provide capital in exchange for equity in startups. Look for angel investor groups in your region or explore online platforms that connect startups with angel investors.
- Venture Capital Funding: If your startup has high growth potential, you can explore venture capital funding. Venture capital firms invest in startups in exchange for equity and often provide mentorship and support to help your business scale.
- Crowdfunding: Consider running a crowdfunding campaign on platforms like Kickstarter or Indiegogo. Crowdfunding allows you to raise funds from a large number of individuals who believe in your idea. Be sure to offer compelling rewards to backers.
- Pitch Competitions: Look for pitch competitions or startup contests that offer cash prizes or investment opportunities. Winning or being recognized in such events can attract the attention of investors.
- Demonstrate Traction: Investors are more likely to fund startups that have shown some level of traction, whether it’s early sales, user engagement, or partnerships. Work on getting a minimum viable product (MVP) in the market to gain traction before seeking funding.
- Be Persistent and Resilient: Securing funding for a unique startup idea can be a long and challenging process. Be prepared for rejection and be persistent in your efforts. Learn from feedback and continuously improve your pitch and business strategy.
20 year old @shields started sports newsletter and turned into multi million dollar media company
Shields is the founder of The Dink, a pickleball newsletter turned media business that launched in 2020. Shields started the newsletter—named after a finesse shot in the sport—to share updates about the emerging professional pickleball scene, hoping to elevate coverage beyond rudimentary Facebook groups.
shields advice on “How to start a money making newsletter business “
- Choose a Niche: Select a specific niche or topic for your newsletter that aligns with your expertise and interests. It could be related to finance, technology, health, lifestyle, or any area where you can provide valuable insights and information.
- Identify Your Target Audience: Define your target audience, understanding their needs, pain points, and interests. Tailor your content to address their specific concerns and provide solutions.
- Create High-Quality Content: The success of your newsletter will depend on the quality of your content. Write informative, engaging, and well-researched articles that offer real value to your subscribers.
- Choose a Newsletter Platform: Select a reliable email marketing platform that allows you to manage your subscriber list, send newsletters, and track performance. Popular platforms include Mailchimp, ConvertKit, and Substack.
- Build a Subscriber List: Start by reaching out to your existing network, friends, and colleagues who might be interested in your content. Use social media, guest blogging, and other marketing strategies to attract new subscribers.
- Offer a Freebie or Lead Magnet: Encourage people to subscribe to your newsletter by offering a freebie or lead magnet, such as an e-book, checklist, or exclusive content. This can entice potential subscribers to join your list.
- Monetization Strategies: Explore different monetization strategies for your newsletter business. Some common options include:
- Paid Subscriptions: Offer premium content or a paid subscription tier with exclusive insights and perks.
- Affiliate Marketing: Recommend products or services and earn a commission for each sale made through your affiliate links.
- Sponsored Content: Collaborate with relevant businesses to feature sponsored content or ads in your newsletter.
- Product/Service Promotion: Promote your own products, online courses, or consulting services to your audience.
- Events and Webinars: Host paid webinars or events for your subscribers.
- Engage with Your Subscribers: Build a strong relationship with your subscribers by engaging with them regularly. Respond to their comments, questions, and feedback to create a sense of community.
- Consistency is Key: Establish a consistent publishing schedule for your newsletter. Whether it’s weekly, bi-weekly, or monthly, sticking to a schedule helps build trust and keeps your audience engaged.
- Track and Analyze Performance: Monitor the performance of your newsletter using analytics provided by your email marketing platform. Track open rates, click-through rates, and subscriber growth to measure your success.
- Continuously Improve: Pay attention to subscriber feedback and adjust your content and strategies accordingly. Continuously improve and evolve your newsletter to meet the changing needs of your audience.
17 year old @Evan Moana generating $300k per year from positive family-friendly content.
EvanTubeHD: Evan, along with his sister Jillian, started EvanTubeHD at the age of six, where they review toys and conduct science experiments. Their entertaining content attracted a massive audience, leading to partnerships and lucrative brand deals.
EvanTubeHD YouTube AdSense earning proof
Evan Moana advice on “how to become a successful YouTuber in 2023”
- Find Your Niche: Identify a niche or content category that you are passionate about and that has an audience. Focus on creating content that sets you apart from others and showcases your unique personality or expertise.
- Quality Content is Key: Create high-quality, engaging, and well-edited videos. Invest in good equipment, such as a high-resolution camera, quality microphone, and proper lighting. Good production value can make a significant difference in attracting and retaining viewers.
- Stay Consistent: Consistency is crucial on YouTube. Develop a regular upload schedule so that your audience knows when to expect new content from you. This can help build a loyal subscriber base.
- Understand SEO: Learn about YouTube SEO (Search Engine Optimization) to increase your videos’ discoverability. Use relevant keywords in titles, descriptions, and tags, and create eye-catching thumbnails to improve click-through rates.
- Engage with Your Audience: Interact with your viewers through comments, community posts, and social media. Engaging with your audience builds a sense of community and loyalty.
- Collaborate with Others: Collaborating with other YouTubers can expose your channel to a broader audience. Look for creators in your niche or related niches to collaborate with on videos.
- Utilize Live Streaming: Live streaming can help you connect with your audience in real-time and foster a more personal relationship. Consider live streaming Q&A sessions, behind-the-scenes content, or gaming sessions.
- Adapt to Trends: Stay informed about the latest trends and topics on YouTube. Be ready to adapt your content to align with what’s popular, but always add your unique spin to stand out.
- Promote Your Channel: Utilize social media platforms and other online communities to promote your videos and channel. Building a presence on multiple platforms can help increase your reach.
- Monitor Analytics: Regularly analyze your YouTube Analytics to understand what content performs well and what doesn’t. Use this data to refine your content strategy and improve future videos.
- Be Patient and Persistent: Building a successful YouTube channel takes time. Don’t get discouraged if you don’t see immediate results. Stay persistent, keep improving, and stay true to your passion.
Maddie Bradshaw was worth her first million at only 13 years old.
Maddie Bradshaw was worth her first million at only 13 years old. At 16, she was selling over 60,000 of her unique necklaces a month and making over $1.6 million annually.
Her idea for these unique, interchangeable, bottle cap necklaces started out as simple school locker decorations. At 10 years old her uncle had given her 50 old bottle caps. She decorated them, attached magnets to them, and when her friends saw them they all wanted some. This inspired Maddie to create different designs with bottle caps.
She created Snap Caps. Snap Caps are necklaces with metal pendants on them to attract and magnetize bottle caps. Every bottle cap has some kind of symbol, letter, or design so that a person can swap different caps out depending on the style they want to wear for the day.
Maddie found immediate success with her necklaces. In nearly every store she launched them in they all sold out. As her business continued to grow and she made her first million at 13, she attracted the attention of the national media and ended up being interviewed on ABC and was able to pitch her project on Shark Tank. The Sharks loved her idea so much that THREE of them invested into her company!
Currently 19 years old, Maddie continues to grow and expand her business. She has said, “The great thing about our company is that it’s growing with me. As my tastes change, so will the products.” Maddie has also published a book called You Can Start a Business, Too. Her advise to other young entrepreneurs like her is to, “Follow your passion. If you come up with an idea and you love it, chances are other people will, too.”
The Teen Who Got $30 Million From Yahoo Did Not Build His Startup’s App (Or Invent Its Technology)
Nick D’Aloisio sold his unique technology to Yahoo
Born in London in 1995, Nick’s family moved to Australia shortly after he was born then returned to London where he grew up. 15 years old D’Aloisio had a brilliant idea in mind that would, later on, prove to be of great importance in improving content on the internet; Trimit was what it was first called and it analytically encapsulated walls of text reducing them to 1000, 500 or 140-characters abstract.
This didn’t only get featured as an interesting app by Apple but also caught the attention of a billionaire investor who ended up giving D’Aloisio the chance to be the youngest developer to receive a venture capital funding in the field of technology, receiving venture funding of no less than 300,000 dollars. Nick took all the criticisms and went on and made a complete make-over of the application and re-launched it under a new name; Summly.
Summly’s intention was to fix issues with the way online news is perceived on smartphones, the first version spread like fire with over 200,000 downloads, with added support, in 2012, D’Aloisio received another venture funding worth 1,000,000 dollars this time, a lot of international celebrities made that possible. Summly was sold to Yahoo one year later (2013) for 30 million dollars, making Nick D’Aloisio a teen millionaire with over 30 million dollars in net worth.
This 20-Year-Old Makes Over $1 Million by Selling Custom Dog Socks
Agranoff was only a high-school junior when he founded his own company “HoopSwagg“, a project based on designing custom athletic socks, and it has evolved ever since into a successful online business with annual revenues exceeding one million dollars. Agranoff was attending a basketball match in his school when he had noticed that all the socks worn by the players were bland Nike socks, he wondered if people were willing to buy those simple socks then they would probably be amazed to see colourful and custom designs imprinted upon them and he commenced his project in 2013.
The junior high schooler spent over 6 months researching the technology and machinery involved in custom printing on fabric, he then went and pitched his idea to his parents securing a 3000$ dollars loan, made the garage his headquarters, with his family’s help he managed to set up the machinery then started advertising through social media platforms.
Five years later, HoopSwagg moved out of the garage into a 1500 square foot building that they built on their property, now has over 200 original designs designed by Agranoff alone offered to the market, starting from; melting ice cream to various humorous concepts. Having bought a competitor, adding to its designs over 300 other designs, shipping over 100 hundred orders a day, and with over 18 employees business is definitely good and improving, making Agranoff a very inspiring teenage millionaire
Meet The 25-Year-Old Founder Of Emi Jay, Who Launched The Hair Accessory Empire 12 Years Ago
Emi-Jay is a hair tie and headband company created by the two teens Emily Matson and Julianne Goldmark when they were only in 7th grade. Since then, the company’s products are sold in over 3000 specialty stores over North America and is distributed internationally, worn by many celebrities like Jennifer Aniston, Gigi Hadid, Kim Kardashian and more.
It started with the girls being fascinated by the hair accessories of TV shows like Gossip Girl, but the accessories used were too complicated and expensive for the teenage girls, so they decided to go pay a visit to the garment district in LA to buy the material needed for making their own designs. As a hobby the girls started creating their own accessories, but little did they know that they were going to join the exclusive teenage millionaire club.
When Jennifer Aniston was seen on the red carpet wearing one of their original hair ties, that hobby was blown into an actual business. They combined their names and called the project/company Emi-Jay, created a website and started going big. Emi-Jay has gone on to collaborate with brands such as Revolve, Juicy Couture and Summer Fridays.
Brian is another Teenage Millionaire who Made his Wealth through App Development
Brian is another Teenage Millionaire who Made his Wealth through App Development
Wong initially worked for the business development department of Digg, as the leader of development and releasing of the application on Android. Unfortunately, after a merger and bad redesign, Digg had corporate layoffs and Brian was let go after only 5 months, this was the start of his actual business venture.
Kiip was inspired on an airplane by 19 years old then, Wong, he was observing the passengers as they were using their tablets and ipads, and noticed that most of the passengers were playing games to pass the time, and he felt that the advertisements integrated into the application took up a lot of screen space without adding any real value to the application, so he came up with an idea because he believes that games were the “holy grail of achievement”.
He wanted to use the achievements -such as level ups and high scores- and incorporate it in a relevant and audience-targeting rewards program, giving the chance to brands to reach audiences when they are actively engaged. Brian teamed with his former Digg colleagues and managed to raise over 15 million dollars in venture capital making him an emerging teenage millionaire in the silicon valley.
Dominic was a British teenage millionaire by the time of his 13th birthday
Dominic was a British teenage millionaire by the time of his 13th birthday, that is when he made his first million, 2 years later, he was worth more than 15 million pounds. Dominic imported scooters from the United States to sell them in England.
Dominic pieced together his business strategy thanks to a simple misspelling, he was searching on the internet for the credit card visa, but spelled it Viza instead, which was the name of an American company that sold scooters. Dominic had always wanted to buy a scooter but couldn’t afford one, so he called the company and offered to sell their scooters in the UK. Viza agreed and gave him a deal that if he was able to sell five scooters he could get the sixth one for free.
A motivated Dominic started scraping for money and got into the business of selling some gadgets in Japan to be able to afford five scooters, and finally managed to order the five scooters, sold them and the demand for scooters in the neighbourhood only increased and he started ordering more, eventually selling thousands per week. He was appointed by the queen as a pioneer for Britain in Entrepreneurism and is today a board member of ODI.
Michael became a teenage millionaire by selling an online technology
“Work together to create a global network for young people who either have an idea that they want to develop, or who want the opportunity to work on someone else’s project”, that was the goal Michael Furdyk had when he created TakingITGlobal, an online social network that encourages youth to participate in the discussion and raising of global awareness, to advocate action that affects their local communities.
It all started when Michael became a teenage millionaire by selling an online technology that he and his friends created, because he realized that a lot of young people don’t have the support of friends and family that he had. Michael came up with a way to encourage and support young people getting involved in global and local issues and help them realize their potential.
He used some of the money he made to set up TakingITGlobal as a charity and sow the seeds of his good work. TIG received a number of awards from a number of big names like Microsoft, WorldBlu, and Mark Drake.
Matt started buying and selling domain names when he was 17, by the time he was 19, he became a teen millionaire.
Matt started buying and selling domain names when he was 17, by the time he was 19, he became a teen millionaire. He started buying forum domains, which were already one of his areas of expertise because he used to be a developer of a website called ColdFusion -a set of tools used to design websites- which helped him a lot further down the line of the domain market.
Matt used the money loaned to him by his parents to start Bodis.com, a domain parking website. Domain parking is simply creating a domain name that is not associated with any service to reserve it for reselling when an opportunity presents itself.
His domains are worth millions of dollars now. Matt is a strong believer of the concept of never giving up and advises all the upcoming entrepreneurs to never give up on their dreams.
The Scottish 14 year old already had a recipe for becoming a successful teen millionaire
The Scottish 14 year old already had a recipe for becoming a successful teen millionaire, a literal one in a sense. His grandmother gave him her recipes for making jams and he started making them for his family and friends from the church. The jams were loved so much and proved a huge success.
By the time he reached 16 years old Fraser’s small business started booming. Now 184 stores of Waitrose and over 300 of Tesco’s are selling Doherty’s Superjam, with Wal-Mart being an international supplier as well.
The serious business steps Doherty took were tweaking his jam and giving it a catchy name, he started making his fruit based jams in his parent’s kitchen and was renting out a factory for a few days every month, he also borrowed 9000 dollars to cover his expenses while creating different flavours for his jams, yet all Doherty has in mind is one thing: “I can’t be preoccupied with the money, I make jam because it’s what I love to do” and obviously it’s what people are loving too.
The teen millionaire made his first million before his 17th birthday.
Jon Made his Millions with Automotive Imports
The teen millionaire made his first million before his 17th birthday. Extreme Performance Motorsports was the name of the company that Jon created while he was in high school, it specialized in importing car tunings from Asia to the United States. He opened wholesale accounts with major distributors of custom body kits, audio systems, and many other different accessories.
Koon’s company became one of the big suppliers of accessories to the famous show Pimp My Ride. Even though he had to close the company to finish his education, when he re-entered the market, he used different approaches like patenting cell phone holders and vehicle air ionizers.
He started to gain fame amid the record label executives and major hip-hop sensations which helped skyrocket his business and branch it in different routes, creating Koon Enterprises. Jon Koon started manufacturing instead of doing resale, from garments and clothing to headwear for major brands like Honda, Costco and Rocawear among many others.
Sean became a Teenage Millionaire by Selling Furniture from his Bedroom
14-year-old Belnick had some foresight when he invested 500 dollars on the advice of his stepfather who had years of expertise in the office furniture business. Sean created a company and then a website called BizChair.com, an online-only store for many different types of furniture whether it’s office, restaurant, school or church or many others.
BizChair.com was operating from Sean’s bedroom in 2001 and in 2005 BizChair moved to its first commercial warehouse. By 2006 it had located to a bigger warehouse and when that became too small they moved to an even bigger warehouse having 327 square feet of space, which indicated how big his business was getting.
His company is ranked as the 37th in Inc Magazine’s list of Top 100 Retail Companies, and is also awarded the Orion Energy’s Systems’ Environmental Stewardship Award for the effort the company made to reduce energy consumption and carbon dioxide emissions. Belnick later became co-founder of Acadia, a digital marketing platform.
Maddie Started a Flip Flop Empire When She Was Just 8 years Old
Maddie was only 8 years old when she thought of the idea of combining a few things that she loves; flip-flops, fish and the sea. She first pitched the idea to her father, who was in the t-shirt design business, the idea was basically decorating flip-flops with fish drawings, calling it Fish Flops. Her father was very welcoming to the idea and immediately prepared a domain with the name fishflops.com.
At Madison’s request, her father proceeded to turn Madison’s image into a true business. A couple years later they attended a trade show with the samples and managed to secure more than 30 orders for Fish Flops, also managed to find an overseas manufacturer and the shipping began in May 2011.
One year later the Fish Flops business was booming with over 1 million dollars in retail sales, Maddie with the help of her father managed to get her product in popular stores like Macys and Nordstrom’s. With the business side left to her father, Maddie is constantly working on new designs for her Fish Flops with some marketing on the social media with ambition to expand the brand into t-shirts, hats and smartphone applications.
Now this millionaire/billionaire is a bit different from the rest of the teen millionaires
Athena Onassis Inherited a Substantial Fortune
Now this millionaire/billionaire is a bit different from the rest of the teen millionaires, she is no entrepreneur but she is indeed extremely rich, and that doesn’t come off as a surprise once you know that she is the only heiress to the shipping tycoon Aristotle Onassis, and also the sole heir to his daughter Christina Onassis. The inheritance was worth 300 million dollars in cash, 350 million in company shares and 150 million worth of gold bars.
Athena’s mother died when she was only 3 years old, she was raised by her father and they moved to Switzerland after her death. When Athena turned 18 her father started getting worried about her choices regarding her boyfriend the professional show jumper Alvaro de Miranda, so he convinced Athena to put most of her assets in a trust with a total worth of a staggering 800 million dollars.
The assets were managed by the executives of major banks. The catch was that Athena wouldn’t be able to touch the money or the assets until she had turned 30, until then, she was receiving a hefty allowance between 20,000 and 30,000 dollars, and occasionally granted some funds to invest in the fields she love which was horses and stables.
It is estimated that Ryan, now 10 years old, has a net worth of £32 million.
In 2015 at the age of 4, Ryan Kaji, with the help of his parents, set up his own Youtube channel, Ryans ToysReview. He later changed the name of his channel to Ryan’s World, which has over 30 million subscribers. It all started when Ryan asked his mother Loann “How come I’m not on YouTube when all the other kids are?” Ryan soon shot to fame by making videos of him reviewing and unboxing new toys to his subscribers on his Youtube channel. His videos include DIY, science experiments and educational videos.
It is estimated that Ryan, now 10 years old, has a net worth of £32 million. Not only does Ryan make money from his Youtube but also from merchandise. This made Ryan the first child Youtuber to have their own product line. The combined success of his Youtube videos and his clothing and toy brand earned Ryan the title of the highest paid Youtuber for 3 years in a row and the youngest Youtube millionaire and he isn’t even a teenager yet.
Ryan isn’t the only person using Youtube to make their millions. According to Forbes, the highest paid Youtuber of 2021 was Mr Beast who earned $54 million off the video sharing platform. So how do these youtubers make their millions? Well it is mainly through regularly creating original and entertaining content that their subscribers want to see.
At just 17, his site was so popular that his advertising income was rumored to be approaching $1 million by industry insiders
In 1997, when he was just 15 years old, Anand Lal Shimpi started the website which would eventually become AnandTech. At first, his reviews of computer hardware were hosted on a simple Geocities page, but soon he was juggling high school, a girlfriend, and his own booming review site. Manufacturers began clamoring for his opinion and would deliver hardware to Shimpi’s family home, eager for the publicity a review on anandtech.com would generate. At just 17, his site was so popular that his advertising income was rumored to be approaching $1 million by industry insiders, but Shimpi – perhaps wisely – kept the details close to his chest
by the time he graduated high school he had more than $1 million in assets.
By the time he turned 11, Cameron Johnson already had a few thousand dollars in seed capital, which he’d accrued from Cheers and Tears, the greeting card business he’d started at the tender age of nine. Soon after his 12th birthday, he was using that money to buy Beanie Babies in bulk, selling them on eBay for a massive profit. By 13, he had $50,000, which he used to create My EZ Mail, an anonymous email forwarding system. Some kids would have been happy with the $3,000 a month My EZ Mail was bringing in, but not Johnson. Partnering with two other teens he entered the online advertising business, giving users pennies for the inconvenience of seeing ads in their browser and charging advertisers much more than he paid out. At the age of 15 he was getting checks for up to $400,000 dollars in the mail, and by the time he graduated high school he had more than $1 million in assets.
By the time he was 19 he was worth $3.7 million.
In 1999, Adam Hildreth set up Dubit Limited. The UK teen was just 14 years old when he launched the social networking site. For the first two years he tried to juggle school and the rapidly growing social network, working on the site in his bedroom at weekends and in the evening. By the time he was 16 Dubit was so successful that he chose to leave school to focus on his burgeoning career. Offering social networking to teens and market research to companies, his website took off in a big way. By the time he was 19 he was worth $3.7 million. He’s not all about the money, though – these days he channels his expertise into software that helps to protect children from online predators.
at just 17 years old, Phillips had earned close to £2 million
In 2002 the tech bubble had just burst and Chris Phillips was still a teenager. Some people might have thought it foolish to start a web company, but Phillips was undeterred. He decided to set up Dot5Hosting, his very own hosting and e-commerce business. Two years later his success was such that he had reached number 13 on the list of the UK’s richest teens, just a few places behind Kiera Knightley and England soccer player Wayne Rooney. In 2004, at just 17 years old, Phillips had earned close to £2 million, all thanks to his own efforts.
Juliette Brindak was worth a whopping $15 million before she was even 20.
Juliette Brindak was worth a whopping $15 million before she was even 20. How did she do it? Well, starting early certainly helped. She launched her website Miss O and Friends when she was just 10 years old. She also had a perfect understanding of her target audience: the site was aimed at tweens like her and her friends who, while bored with dolls, still weren’t quite ready for Britney Spears. With games, celebrity gossip, quizzes and a wealth of other features, the site sees hundreds of thousands of girls flocking to it every month. In an interview Brindak admitted that juggling her school work and the website was at times overwhelming but, with a lot of careful time management, she made it work.
Fifteen-year-old Catherine and her 17-year-old brother David came up with an idea for an online, interactive high-school yearbook
Fifteen-year-old Catherine and her 17-year-old brother David came up with an idea for an online, interactive high-school yearbook. With a helping injection of cash from their big brother they set up MyYearbook.com in 2005. When some interested potential investors pushed for ads on users’ pages and for Catherine and David to move the company to New York, the siblings held firm – they wanted to stay with their family. It seems they made the right decision: a year later they had $4.1 million in investment capital and soon the site had 3 million members, with annual sales figures reported to be in the seven figures.
at the age of 18, he had made six figures from products like Cell Phone Treasure
After starting 30 websites over 3 years, most of us would probably give up. Yet it was after (maybe even as a result of) all these failures that Adam Horwitz finally made it big. In 2010, at the age of 18, he had made six figures from products like Cell Phone Treasure, a course which teaches teens how to make money with cell phones, before coming up with a new product that made him an astounding $1.5 million in just 3 days. Persistence clearly pays off! Despite investing in an Audi A5, Horwitz didn’t let success go to his head too much: at 18, he was still living at home.
