15 Top Under 18 Millionaires That You Probably Don't Know About
Friday, Aug 14, 2020, 11:51 am
By:Mike Litzler
While many of us can't tell when we can actually become a millionaire, these under 18 millionaires were very sure they were going to make millions during their teen years. Making money is never an easy job. You need to have skills, brains, patience and many more qualities to make big money. Luck plays a big role too. The young people you are about to see now have started some kind of business very early, and they made it a grand success by the time they turned 18. Know more about these fifteen people who became millionaires under the age of 18.
1.Jon Koon
Jon Koon, a Chinese-American started his road to success at the age of 16 when hit the millionaire pride. He basically sold wholesale car parts from Asian suppliers with high-end finishes, fancy engines, and premium speakers. He opened an auto-parts business in New York City known as Extreme Performance Motorsports. His work was highly appreciated and spread like a fire in dry grass.
But this was not the end of it, He teamed up with rapper Young Jeezy to become an exclusive partner in the rapper's line of clothing, 8732. He now owns Tykoon brand Holdings which operates and owns several brands including Private stock Denim.
2.Cameron Johnson
Do you think a business needs a lot of money? NO!!
All it needs an idea and hard work which is proven by Cameron Johnson. Cameron Johnson an American entrepreneur started selling invitation cards when he was 9 years old back in 1994 to make enough money to start his own company at the age of 11. He wet his feet in several ventures, started an email forwarding service Ez mail and an online advertising company, Surfingprice.com and was making about $400,000 monthly by the time he reached age 15. He currently has a net worth of 3.2 million Dollars and still growing.
3.Ashley Qualls
Ashley Qualls started his path to millionaire's club by taking a loan of just $8 from her mother and started an online HTML tutorials website for teens called whateverlife.com back in 2004. The website also provided free MySpace layouts and tutorials and soon became popular. The American internet marketer became Millionaire at the age of 17 just from the advertising revenue generated from the website. Ashley Qualls holds a wealth total of 8 million dollars.
4.Ray Land
How much passionate are you about traveling and planning? Well, it's a vague question but this guy made his passion and aptitude for planning to get him in the millionaire list. Ray was a very good planner since his high school years. He first planned a trip for his classmates and him to Orlando when he has an 8th grader and since then he had been a planner for the school events, trips etc. At 17 he bought his first tour bus and started Fabulous Coach a tours and travel company. Fabulous Coach soon became a popular travel company all over North America and made him over $6.5 million in revenue.
5.Tyler Dikman
It was the time when Internet was just rising up back in year 2000, when this 15 year old started Cooltronics which helped users to remove viruses, malware, and solve other computer related problems for a subscription. These subscriptions along with advertising made him to the millionaire list.
His estimated wealth is valued to be 3.7 million Dollars at present.
6.Farrah Gray's Millionaire story
Farrah Gray is an American entrepreneur, philanthropist, international best selling author, a motivational speaker and is the youngest self-made Millionaire ever in history by owning a wealth of 1.5 million Dollars at the age of 14.
He started making money at the age of 6 by selling body lotions in the neighborhood, later painted rocks as bookends. He kept doing a lot of small businesses one after another but only made it to the millionaire list at the age of fourteen when his company Farr-Out Food which he started when he was 13 generated sales of over 1.5 million dollars.
Farrah Gray is the youngest person to have a Wall Street office and is estimated to be worth 20 million dollars.
7.Juliette Brindak
So, You think a blonde girl cannot do anything? Well, you will be amazed to know that they can do. Juliette Brindak an American entrepreneur started his venture at the age of 10 when most girls play with their dolls at home, Juliette decided to play it online with her own website. The teen website which is now Miss O and Friends is an online hub for teens to play, share, post gossips, articles and get social. Juliette Brindak has a net worth of 15 Million Dollars.
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8.Catherine and David Cook
Catherine and David Cook are two American entrepreneur siblings who became popular because of Myyearbook an online social network. The website was launched in 2005 when the two sibs were fifteen and seventeen years respectively. MyYearbook survived the facebook domination and has over 5 million users, the website was sold to a social giant from latin America in 2012 and is now known as meet.me.
The duo has a net worth of more than 20 million Dollars and share hold in meet.me.
9.Nick Bell
Nick Bell a British entrepreneur, followed his millionaire dreams by setting up a group of websites during the dot com boom of the late nineties. The guy then sold his websites making him a millionaire over night at the age of 16.
His present wealth is estimated to be over �10m.
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10.David Carter (entrepreneur)
David Carter an English entrepreneur started developing android apps in December 2009. In just six months he developed about 80 application which accounted for 600,000 downloads in total worldwide. He started a company named The App factory which later merged with his another company M-Tech Innovation to form Corporate Group which now offers application development, integration, and solution development. David Carter has an estimated worth of �3.4 million at the age of 21.
11.Fraser Doherty
If your grandmother teaches you something, Make sure you learn it. Why? because she might be the foundation of your road to millionaire's club. Fraser Doherty's grandmother taught him Jam making when he was 14 years old. The Scottish guy started making Jam and selling it in the neighborhood when he was 15, At the age of 16 he dropped out of his school and started Super Jam. In 2007 he was supplying 180+ Waitrose stores and currently has customers from UK too. Fraser Doherty has a net worth of 2 million Dollars.
12.Adam Hildreth
Adam Hildreth, an English entrepreneur who started his entrepreneurial venture when he was just 14 by starting a social networking website Dubit for teenagers back in 2004. The website soon became very popular among teens and by the age of 15 he was a millionaire with Dubit limited net worth of more than 3.7 million dollars. He later founded Crisp thinking, an online child protection company which protects from online predators, spamming etc. Adam now has a total wealth more than 36 million dollars and is 28 years old.
13.Sean Belnick
Sean Belnick is the CEO of BizChair.com. He sells office furniture online via his website. He started the site with $500 investment when he was 14. By the time he turned 16, the website was making more than $10 million in revenue. In May 2009, Sean Belnick graduated from Emory University's Goizueta Business School. By the time he graduated, he was already making more than $40 million a year!
14.Nick D'Aloisio
Nick D'Aloisio developed 'Summly' app, which was a kind of short news app. When he was 17 years old, Yahoo acquired the app for a whopping $30 million. The company paid Nick 90% in cash, and the rest in the form of stocks. He is the man behind Yahoo's successful 'Yahoo News Digest' app, which is basically a transformation of Summly app.
15.John Magennis
This man earned his first million when he was 16 years old. John Magennis started making websites for clients when he was just fourteen. In the beginning, he used to make websites for $20 or less. By the time he was sixteen, he had set up a company named 'Internet Exposure' and was charging his clients more than $30,000 for numerous web and internet marketing related services.
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