How To Be A Millionaire As A Teenager – Think of teenage millionaires and cartoon character Richie Rich and his personal rollercoaster that may come to mind. But in real life, there are many teenagers who have used their creativity, ingenuity and talent to make a fortune. Click or scroll to discover how 13 amazing young people made their millions.
Most kids sell pies, and 6-year-old Cory Nieves’ goal was simple: sell enough coffee and cookies to buy his mom a car because he was bored. Bus ride to school. The cookies were a huge hit, and after he tried and tested his recipe to perfection, Cory and his mom won the Commercial Kitchen and Official Mr. Cory’s Cookies was born.
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Cory’s Natural Sweets has gone from a local favorite to a national success with Cookie Delivery delivering freshly baked cookies right to your door. They also received a $100,000 (£77,000) investment as part of an entrepreneur referral programme.
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. However, the young baker doesn’t intend to stick with cookies and wants to put aside her business before graduating from university to pursue an interest in the fashion industry.
Moziah started Mo’s Bows when the rambunctious nine-year-old couldn’t find any bows she liked in stores. His grandmother taught him how to make ties, and Mo started selling them on Etsy. The teenager makes all his own designs and also makes pocket squares. After Mo’s Bows started gaining success, she joined an American reality show
Mo left with Shark Daymond John as a consultant and his business grew. By the time he was 16, he had earned more than $600,000 (£462,000) from Mo’s Bows. In 2017, he reportedly signed a seven-figure deal with the NBA, which gave him the right to use their logo on his products. Now 18, Mo is still the CEO of Mo’s Bows and hopes to study fashion design when she graduates later this year.
Evan started his YouTube channel, EvanTubeHD, at the age of 5 with the help of his father, Jared. The YouTube star reviews toys and posts his gameplay videos on three channels. Evan’s channels are estimated to generate $1.4m (£1.1m) in advertising revenue alone and have over six and a half million subscribers at the time of writing.
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14-year-old Evan (pictured with his dad in a recent video) still posts several videos a week, and while his previous videos were about unboxing and evaluating toys, the content changes as he grows. One of the more recent videos features Evan’s first workout with tips for beginners looking to get in shape, and he also posts gameplay videos. But Evan isn’t the only one making millions from the platform: his entire family, including sister Jilian, is on YouTube, including a shared channel called The Tube Family.
Star Isabella Barrett made her first million at the age of 6. Barrett appeared on the popular TLC reality show as a kid, but his millions of dollars came from his solo ventures. Shortly after leaving the show in 2013, Barrett launched her jewelry line, Glitzy Girl. She also has her own fashion clothing company for adults and children, Bound by the Crown Couture.
Barrett’s business ventures are believed to have made him a millionaire. The 13-year-old continues to model and help design her own fashion line while continuing to attend school in hopes of becoming a nurse. She also has a YouTube channel with almost 20,000 subscribers and videos ranging from makeup tutorials to toothbrush reviews.
Matthew David Morris – better known as MattyB or MattyBRaps – became famous when he started posting remix music videos on YouTube. His first cover was by Justin Bieber
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Now 17, MattyB continues to record covers and original music, and his YouTube channel now has over 13 million subscribers. The teenager is estimated to be worth more than $3m (£2.3m), earning from advertising revenue, song purchases and personal appearances.
Jacob Sartorius has always loved acting in musicals. But it wasn’t until 2014, when she was 12, that she started filming lip-sync videos on the musical.ly app. Sartorius quickly became one of the app’s top performing stars and in 2016 he released his single,
As part of a new generation of social media stars, Sartorius is believed to have a net worth in the $3m (£2.3m) range. He supported The Vamps on tour in 2018 and has his own clothing line. Sartorius is 17 years old, has 9.3 million followers on Instagram and is making new music.
Anyone who ever thought that their teenage obsession with video games was a waste of time might be surprised to learn that it can actually be a pretty lucrative hobby if you’re good at it. In July 2019, 16-year-old Kyle “Bugha” Giersdorf, born in Pennsylvania, defeated 99 other competitors to win the World Cup of the online survival game.
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However, professional players train for hours to reach the top of their game. Giersdorf had to work hard to earn a lot of money: the teenager admitted that he played for six hours
Every day, even on school days, and invite a coach to help him win and reach the top of the leaderboard.
Mikaila Ulmer didn’t always like bees. But after being stung twice, he decided to do some research and noticed that the bees needed his help. He started selling his grandmother’s flaxseed lemonade outside the house at the age of 4, but added honey to the recipe. Soon he was supplying a local pizzeria.
In 2015, the business took a huge leap when Ulmer began offering Whole Foods along with Me & The Bees lemonade in an $11m (£8.5m) deal. Later that year, he appeared on a US TV show
Young Brunette Teenager At Art Studio Doing Money Gesture With Hands, Asking For Salary Payment, Millionaire Business Stock Photo
And received a $60,000 (£46,000) investment from Shark Daymond John. Now 15 and in high school, Ulmer’s business has expanded into lip balms, and she even served lemonade to former US President Barack Obama. Ulmer continues to invest 10% of its profits in bee protection projects.
The idea of Zollipops came to Alina Morse when she was 7 years old. As a child, he wanted to find a way to enjoy his favorite lollipop without the risk of tooth decay. After two years of research with the help of her father, she created her own brand of healthy lollipops in 2014. His first retail deal was with Whole Foods, and Zollipops later signed with them. Amazon and Kroger.
Zollipops had estimated retail sales of $6 million (£4.6 million) in 2018. Now 14 years old, Morse has appeared
And juggling being a high school CEO. Up to 10% of his profits go to support dental hygiene charities.
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. Since leaving the show, she has become a YouTube star and has released several singles. At just 16 years old, she already has 10.7 million subscribers and a devoted following on YouTube. In 2016, Siwa partnered with Claire’s Accessories to sell her own brand of hair ties, and in 2018, she signed a deal with JC Penney’s to sell her merchandise in-store.
Siwa has an ongoing contract with Nickelodeon and frequently stars in its TV shows. His earnings are estimated to have reached $10m (£7.7m) and that number looks set to rise as he is currently on a scheduled world tour which has been extended to October 2020.
Controversial character DanielleBregoli, known as Bhad Bhabie or “Cash me outside girl”, rose to fame after appearing on American TV shows.
With his mother. After the video featured Bregoli’s catchphrase “I wish I was out, how about?” went viral, Bregoli launched her rap career as Bhad Bhabie (pronounced “bad baby”) and in 2017 became the youngest female rapper to debut a single on the Billboard Hot 100. He was also arrested that same year and sentenced to 5 years probation for several crimes he committed.
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Bregoli went on a world tour in 2018, released more music and signed a lucrative $900,000 (£692,000) deal with CopyCat Beauty. She is also currently participating in her own reality show,
, appeared on Snapchat. Reports suggest that she earned $10m (£7.7m) in 2019 and that the show has been renewed for a second season, which will be a plus for those interested in her debut appearance. It was a very enjoyable show.
At the age of 10 and 11, Isabel and Caroline Bercaw got bored of their baths, so they started playing around with creating their own bath bombs. The sisters placed the surprise toys between homemade bombs and took their items to a local art show in 2013, where they sold out on the first day. From that first successful day, the sisters knew they had accomplished something.
The company went from a family basement to a warehouse and expanded into the Da Bomb brand, which can be found at retailers across the United States. The sisters have also branched out from their previous fans, with their book earning them $20m (£15.4m) a year as of 2018. Not bad for a couple.
