You might not know it, but some of the familiar faces you see on TV are self-made teenage millionaires. These personalities weren’t born in a wealthy family and yet, they found success at such a young age. Maybe we can all learn a thing or two from these enterprising personalities who did not let their age keep them from achieving their life goals!
19 Self-Made Teen Millionaires
At the tender age of 16 years old, Belnik set up his e-tail shop on a $600 capital. He started selling small items – such as trading cards – before selling larger goods. He founded BizChair.com, sold different kinds of furniture and saw his net worth rose to $24 million when he hit 20 years old.
Horowitz has always been mature for his age. At just 15 years old, he challenged himself to earn his first million by his 21st birthday. The Mobile Monopoly developer reached his goal and continued to earn a “six-figure income” from mobile marketing.
At a glance, Zuckerberg looked like your ordinary teen but he’s a programming prodigy with big dreams. And you know what they say about dreams, dream it big enough and it might actually come true. Zuckerberg was in college when he developed Facebook with his mates. When Facebook became a hit, his net worth grew to $20 billion.
Wong was just 19 years old when he helmed Digg’s business development strategy. He then co-founded Kiip, a highly successful mobile rewards company. Wong’s company generated more than $32 million of venture capital from multinational companies including Disney, Playboy, and Sephora. Needless to say, he’s earning more than your average yuppie.
That’s right, the Biebs started out as a singer with a camera in 2008. His career started out on YouTube and was discovered by Scooter Braun by accident. Eventually, Bieber went on to become a teen sensation and his wealth grew exponentially. At 23 years old, the Biebs have dozens of endorsements under his belt as well as hit albums, international shows, and legions of rabid fans.
At just 14 years old, the WhateverLife.com founder launched her design career in 2004, offering free MySpace layouts and programming tutorials to showcase her own talents. By the time she was 17 years old, she’s an emancipated minor who’s earning millions from her website.
At just 16 years old, Brindak developed her tween social-media platform Miss O & Friends to feed her passion for the arts. The website is now worth a staggering $15 million, with the majority of its revenues generated from ads.
Johnson was 9 years old when he started selling greeting cards. His earnings allowed him to set up his own business, buying and selling Ty Beanie Babies on eBay. By the time he was 12, Johnson was already earning thousands of dollars. His earnings allowed him to co-found SurfingPrizes.com and by the time he’s 19, he was already a millionaire.
The siblings started out by cofounding MyYearbook.com, a social networking site for tweens and teens. The website was so successful; it became one of the 25 most visited websites in the US. Today, the website is worth an eye-watering $100 million.
Nick D’Aloisio was just 12 years old when he started coding and developing his own apps in his parents’ bedroom. At 17 years old, the programming wunderkid designed a popular app that’s worth $30 million. He went on to become the youngest teenage self-made millionaire in the world and also the world’s youngest venture-capital-backed entrepreneur.
Dikman was in 8th grade when he started charging $15 an hour to fix computers. He was so good at computer repairs that he was hired by Malcolm Taaffe at 15 years old. After that gig, Dikman used his earnings to start his own computer repair business, Cooltronics and made millions off his talents.
Doherty started his business as a jam maker at 14 using his grandmother’s recipe. He called his little biz SuperJam. His homemade jams were, indeed, so super that by the time he was 16, a major supermarket struck a deal with Doherty. Apart from being a millionaire at such a young age, Doherty has his own recipe books sold on Amazon.
Captain Sparklez is a popular YouTube influencer whose career began with uploading tutorial videos and then expanding to detailed gaming instructions. He is now one of the highest earning YTubers in the world with a net worth of more than $8 million.
Magennis is a self-taught website designer who at 14, established his own startup business. Initially, he would charge $15 for basic websites but the demand for his designed reached to $30,000. That’s just for a single website! By the time he was 16, Magennis earned his first million.
Sykes is a young stock investor who used his bar mitzvah cash to start his own business. His penny trading company became so successful that by the time he was 21 years old, his penny stocks are worth $1.5 million. Today, Sykes travels the world as an inspirational speaker.
Maddie started designing locker decorations using soda bottle caps at 10 years old. She invented a magnetic bottle cap necklace and it became a hit among teens. After being featured on Shark Tank, her hobby picked up. Business was so good; she earned her first million during the first year.
Kavovit was just 6 years old when she pitched her invention, Boo Boo Goo, on Shark Tank. Her invention is a paint-on liquid bandage for kids. Her business concept won her a $100,000 investment and she became the youngest entrepreneur on Shark Tank.
Phillips was just 17 years old when he founded Dot5Hosting, a web hosting and domain registration company. By the time he was 19 years old, the British tech whiz was earning $10 million per year.
Robinson was 15 when she invented Fish Flops, which are flip flops for children and teens. Her empire grew into a lifestyle brand with a complementary app to boot. Before she could drive, Maddie was already earning $1 million in sales!