It’s a popular belief that you need to work hard and spend decades to become a millionaire. And while this may be true for some people, others can come up with a million or two (or three, or ten) in a blink of an eye. You should learn from these genius kids who managed to make a fortune at a really young age. And we mean really REALLY young age. These 12 kids weren’t old enough to drive a car at the time of earning their first big money, but there’s no age restriction on becoming a millionaire!
Christian Owens of Mac Bundle Box
How about starting a design company at 14? This is exactly what Christian Owens did after teaching himself web design. Inspired by Steve Jobs, he created a bundle package of apps for Mac OS X and offered it to various distributors and manufacturers. He earned millions with his Mac Bundle Box.
Cameron Johnson of Cheers and Tears
Do you remember going to high school? Now take that and add an income of $400,000 per month! All Cameron did was create invitation cards for his parents’ party. The guests liked those cards so much that they started asking Cameron to create some for them too. He became the head of Cheers and Tears at the age of 14 and then continued with online ads and software development. He became a millionaire while still being in high school.
Emil Motycka of Motycka Enterprises
Lawn mowing may seem like a typical way to earn some cash for a kid. Yet Emil Motycka took this job to the next level and took out a loan when he was just 13 years old. What did he buy with his $8,000 you might ask? A commercial lawn mower! By the age of 18 he had already become the head of Motycka Enterprises. Now he’s earning millions!
Evan of EvanTube
Think YouTube channels are silly? Think twice! Evan started his channel when he was just 8 years old and now he’s earning $1.3 million a year. What is his channel about? The things boys of his age are interested in – Angry Birds, Legos, Minecraft and whatnot. And yes, you can actually earn millions by talking about these things.
Adam Hildreth of Dubit and Crisp
Adam was just a kid when he created Dubit, the famous social network for teenagers. It became really popular in UK and gave him the idea to create a company that protects kids from online predators. Thus, Crisp was founded. A few years ago he made it to the list of UK’s 20 richest teens.
Geoff, Dave, & Catherine Cook of My Yearbook
Was there social life on Internet before Facebook? Yes there was! These three invented My Yearbook, a social network that helped you re-connect with your school buddies. After the site took off, they sold it for $100 million. And all these kids wanted was to make some new friends.
Moziah Bridges of Mo’s Bows
How about starting a bow tie company at 9 years old? Moziah Bridges did just that! He kept expanding his business and growing as a designer since then. He even turned up on Shark Tank! Right now he has several employees and is developing his own line of clothing. He’s a great example of how one shouldn’t stop doing what he loves no matter what!
Sanjay & Shravan Kumaran of GoDimensions
Creating apps can bring you millions of dollars if done right. Sanjay and Shravan are running their own gaming company at the ages of 12 and 14. Millions of people are downloading their apps (like the famous Catch Me Cop game). The apps are free for kids to download and monetize purely through ads. This is too good to be true!
Robert Nay of the Bubble Ball App
Robert Nay managed to earn $2 million in a span of just 2 weeks! His Bubble Ball app became a huge success and allowed Robert to start his own company. At the time he was 14 years old, and now he continues to develop new apps with his Nay Games Company. Overnight success is possible!
Farrhad Acidwalla of Rockstah Media
What were you interested in when you were 16 years old? Probably girls and cars. Yet Farrhad’s hobbies were slightly different. At the age of 16 he founded his very own marketing agency with 20 employees. Rockstah Media is bringing Farrhad millions of dollars. Farrhad states that he owes his success to his amazing team.
Leanna Archer of Leanna’s Hair
Girls like looking pretty and making their own cosmetics – that’s a given. Leanna went a little bit further and started selling her homemade hair pomade at the age of 9 and was unexpectedly successful with her trade. She is using secret recipes from her great-grandma and is now making an entire line of various hair products. Her current net worth is more than $3 million.
Nick D’Aloisio of Summly
Nick was the one who created Summly and then sold it to Yahoo for $30 million. Not bad for a teenager, huh? Summly went on to become Yahoo News Digest and Nick is now working as a part of Yahoo team. TIME Magazine has named him one of the most influential teenagers in the world.