I always like to share successful stories of famous entrepreneurs, because they can inspire us to achieve bigger things.
Today I give you a list of youngest millionaires that turned their dreams into solid and world known businesses. The fact the achieved so much in a young age is impressive and these stories of success are worth to be shared.
John Collison
Age: 29
Net worth: $3.2 billion
Business: Stripe
John Collison is co-founder of famous Stripe, a company that builds software helping businesses making online credit card payments. Stripe also realizes the technical, fraud prevention, and banking infrastructure required to operate online payment systems.
It was founded by two brothers John Patrick. Stripe raised $250 million from investors at a $35 billion valuation in September 2019.
The brothers were born in Limerick, Ireland, now they live in San Francisco.
Patrick Collison
Age: 32 years
Net worth: $3.2B
Business: Stripe
Patrick with his brother John Collison, founded Stripe, a tech company I mentioned above. Many big investors were interested in their project. Stripe's big-name investors include Tesla Inc. CEO, Elon Musk, and Peter Thiel who is the PayPal co-founder.
Gustav Magnar Witzoe
Age: 26
Net worth: $2.3 billion
Business: fish farming
Witzoe owns almost half of Salmar ASA company, one of the world’s largest salmon producers. Though is still conducted his father. But Gustav tried himself in many businesses such as modeling, tech and real estate investing.
Kylie Jenner
Age: 22
Net worth: $1 billion
Business: cosmetics
Kylie is an American media figure who starred in the E! reality television series Keeping Up with the Kardashians. At the age of 14, she and her sister Kendall launched their clothing line, Kendall & Kylie. In 2015, Kyle created a cosmetics company called Kylie Lip Kits, which was later rebranded as Kylie Cosmetics. Now she is its owner.
By the end of 2016, the company's total revenue was $300 million
On April 8, 2020, Jenner is still world's youngest self-made billionaire, her net worth increased to 1.2 billion dollars.
Evan Spiegel
Age: 29
Net worth: $1.9 billion
Business: Snap
Evan is a cofounder of The Snapchat.
It was founded in 2011 by Evan Spiegel, Reggie Brown, and Bobby Murphy, who were students at Stanford University.
Brown suggested to Spiegel an idea of an application to share moments that last only 24 hours. Then they agreed to start social media platform modeled on disappearing content. The duo then approached Bobby Murphy to write the code used to build the app.
An interesting fact that in July 2011, the Picaboo was launched, but then Brown disappeared from the projects for unknown reason and later in September Evan and Bobby renamed it in Snapchat. By 2015, Snapchat was reaching 75 million users on a monthly basis.
By 2018, 99% of Snap, Inc’s total revenue came from advertising, according to the company’s internal financials.
After rallying in 2019, Snap stock is down 50% since the start of the year.
Bobby Murphy
Age 32
Business: $2.4B
Bobby Murphy co-founded social media company, Snap Inc that I mentioned above.
I hope this article give you more inspiration to work harder on your dreams and ideas. Our time is limited, time to conquer the business world is now! Share it in the comments below - who inspires you in world of business? If you have your question, please write it below, I would be glad to answer your questions or to introduce your project to my team at Astorts Group to be evaluated.
Alessandro Rocco Pietrocola is an entrepreneur and investor based in London and operating mainly in Europe, Asia and Oceania with main focus on UK, Baltic Countries, Russia, China, Hong Kong, Malaysia, Singapore, Middle East and New Zealand as area of interest! At the moment is the Ceo of Astorts Group. He is an UK FCA (Financial Conduct Authority) Approved Person and is has great experience as director of regulated companies. He uses to dedicate part of his life to inspire others and help them achieve the most out of their life. Since he was 20, he had successfully founded and managed several companies operating in the field of management consulting, wealth management and fintech. He loves travelling, he is a cigars lover, an amateur golfer and a dapper man.
