By Gautam Sidharth
“Money is Honey
My little Sonny.
And a rich man’s joke is always funny”
“Money can’t buy happiness but I’d rather cry in my Ferrari”
Having understood the truth, the pursuit of happiness for these teens begins far from a ‘sarkari naukri’. Here are some of the youngest millionaires.
Sanjay Kumaran and Shravan Kumaran
Sanjay Kumaran and his brother Shravan Kumaran are the CEO and president respectively of their own gaming corporation, GoDimensions. Shavran 12 and his brother 10 developed four apps for the Apple Store that have been downloaded over 10,000 times.
Games like Catch Me Cop and Alphabet Board are free for kids, but monetized through ads within the app.The brothers still attend Vaels Billabong High International School and are already on their way to becoming teenage millionaires.
Fraser Doherty
Fraser Doherty is a Scottish entrepreneur from Edinburgh, Scotland. At the age of 14, he started using his grandmother’s recipes to make homemade jam and selling to his neighbours. By the age of 16, he had produced a humongous demand for the product by changing the recipes and renaming them as “Super Jam”.
His business picked up so well that he left school to work full time, and in 2007 he was approached by a well-known supermarket chain in the UK, that offered to stock his product in over hundred of its stores. He took a loan worth $9,000 from a bank and in 2009, with the help of his supermarket chain connection and the addition of Asda Wal-Mart as a distributor; Fraser hit $1.2 million in sales thus making him a self made teenage millionaire.
Jon Koon
Jon Koon began making the big bucks at the age of 16 when he opened the first ever auto parts business in New York City, known as “Extreme Performance Motorsports”. Extreme Performance Motorsports was an aftermarket auto company that became one of the leading suppliers for the hit T.V. series “Pimp My Ride”.
Furthering his ambitions, he decided to give the fashion world a try and soon began a clothing company with his partner Young Jeezy. Koon earned himself a whooping 40 million U.S. Dollars in the process and is on his way to becoming a self-made multi-millionaire.His fashion career continues to prosper as he collaborates with a number of different brands and well-known designers including Adidas and Domenico Vacca.
Adam Hildreth
Adam Hildreth was born in March 1985 in West Yorkshire, England. At the age of 14, Hildreth started a web site Dubit Limited. Dubit Limited went onto become one of the biggest teenage websites in the UK and now markets itself as a ‘Youth Marketing Agency’, advising major brands on how to market their products to young people. By 2005, Dubit was profiting over $3.7 million. Adam later founded Crisp Thinking, which developed software that would protect people from cyber threats, online harassment, and spamming. It works closely with both Internet Service Providers and child protection agencies to protect children and teenagers from ‘online grooming’. He was ranked 23 in the top 100 richest young people in the UK as per the 2011 Sunday Times rich list.
Captain Sparklez
Captain Sparklez is a professional gamer and YouTuber. He uploaded his first videos in 2013, these were help videos for those who were stuck on different levels of Mine craft. He later turned his channel into the place to be for all things gaming including instructional videos for other games and parody video comedies using some of the most widely known video games.
Much to the amusement of his viewers he uploaded some pretty cool music videos as well. He’s now one of the most popular and profitable stars on Youtube and is worth $8.2 million.
Leanna Archer
Leanna Archer was just nine-years-old when she began using her Haitian great-grandmother’s recipe to sell homemade hair care products. Her great-grandmother in Haiti had a special recipe for hair pomade, and Archer used that recipe to begin a line of oils, hairdressings, and conditioners.
Today, she’s the CEO of a six-figure business and handles more than 350 online orders a week, and generates more than $100,000 in revenue every year.
Robert Nay
Most new mobile gaming apps get a few hundred downloads in the first weeks after launch. Fourteen-year-old Robert Nay’s Bubble Ball app made him an overnight millionaire by earning over $2 million in the game’s first two weeks.
Bubble Ball is a physics puzzle game developed by Robert Nay when he was 14 years old. It was released on December 22, 2010 and in its first two weeks was downloaded 2 million times from Apple iTunes.
Three years later, Nay’s first game had been downloaded over 16 million times, making this young prodigy, now 17, a very successful entrepreneur indeed. He continues to develop games under his own brand, Nay Games.
