10 millionaire teens & how they created their wealth

10 Millionaire Teens &How They Created Their Wealth

The internet has created millionaires out of creative people all over the world, and some of the most surprising new millionaires haven't even reached their twenties.

These teen millionaires offer accomplishments that many older adults will never achieve such as sales of smart phone applications for millions of dollars, office supply websites worth millions, and popular teen websites with millions of monthly visitors!

1. Nick D'Aloisio & Summly

Born in 1995, Nick D'Aloisio of England created an app called Trimit that was a hit with iPhone users when he was only 15 years old. After that attention, he received a large sum of venture capital funding to develop a more advanced app called Summly.

The design of the app was meant to make news stories look better on a smart phone. The app reportedly sold to internet giant Yahoo for $30 million, which made the teenager one of the youngest millionaires ever. D'Aloisio won't be spending his money any time

Real Stories of Triumph Over Adversity

www.Struggle2Victory.com

soon, however, as the funds reside in a trust fund. www.summly.com

2. Adam Hildreth & Dubit

Before people could get addicted to Facebook, there was Adam Hildreth and Dubit. This early social network site for English residents grew in popularity so much that the website was worth almost $4 million. Adam later went on to create a software development firm that helped to develop software designed to protect children from online predators.

Born in 1984, he is one of the youngest millionaires in the United Kingdom and estimations place his net worth at somewhere north of $50 million. www.crispthinking.com



http://www.crispthinking.com/

http://simplycast.us/ho77

3. Catherine and David Cook & MyYearbook

Facebook has managed to clobber just about every single social networking site out there, but that's not the case for Catherine and David Cook's website, My Yearbook.

Created in 2005 when they were only fifteen and seventeen years old, the site survived the domination of Facebook and remained popular despite the fading away of most other social networking websites. The website's worth was pegged at around $20 million while the net worth of this brother and sister was estimated to be somewhere around $10 million. http://www.myyearbook.com



4. Sean Belnick & bizchair.com

Focusing solely on office chairs, the innovative office supply website of Sean Belnik has made him a millionaire, and he was only 14 years old when he created the company in 2001.

What is remarkable about the website is that it was run from his bedroom and started with an investment of only $500.

Over the last decade, he worked to increase the size of the company and eventually moved into warehouse facilities with over 700,000 square feet.



Estimations suggest that his net worth is over $40 million. www.seanbelnick.com

5. Tyler Dikman & Cooltronics

Tyler Dikman began his career with the internet in its early years and founded the website Cooltronics in 2000. The website was designed to offer people assistance when their computer was infected by a virus, and also offered advice on how the computer could be easily upgraded. The website offered a subscription-based design and eventually made the 15-year-old millions of dollars. Estimates put his net worth at almost $4 million. www.cooltronics.com



http://www.cooltronics.com/

http://www.seanbelnick.com/

6. Angelo Sotira & DeviantArt

At just 19 years old, Angelo Sotira got together with his friends to create multimedia site DeviantArt, which he helped to start way back in 2000.

Considered the Facebook of the art world, the website has remained a powerhouse on the internet for over a decade and has shown no signs of slowing down.

DeviantArt wasn't Sotira's first brush with huge amounts of money, however, as he sold a music site to media mogul Michael Ovitz a few years before working on DeviantArt. Over the years, Angelo's



net worth has grown to a massive $75 million. www.deviantart.com

7. Fraser Doherty & Super Jam

Hailing from Scotland, Fraser Doherty had a grandmother who taught him to make jam and at 14 years old, he started selling the special recipe to nearby friends and neighbors.

He decided to drop out of school when he was 16 so that he could devote all his attention to the jam business, and eventually started to supply a few hundred stores with jam as part of his business.

This young entrepreneur became a millionaire with a net worth of at least $2 million because of a simple food idea, and even put his money to good use through the creation of a charity named The SuperJam Tea Parties. www.shop.superjam.co.uk



http://shop.superjam.co.uk/

http://www.deviantart.com/

8. Cameron Johnson & Cheers and Tears

Starting his entrepreneurial journey quite early, Cameron Johnson was only eleven years old when he started an invitation card company. After significant success with "Cheers and Tears" and a huge monthly income, he eventually participated in a number of other ventures that included work with internet advertising and email software to help make his millions. When he was in his early teens, he was getting checks each month north of $400,000. Current estimates for his net worth are more than $3 million. www.cameronjohnson.com



http://www.cameronjohnson.com/

9. Anshul Samar & Elementeo

Games have long been one of the most popular destinations on the internet, and budding entrepreneur Anshul Samar created Elementeo while he was still in middle school.

The website's aim was to make it easier for kids to learn chemistry through a game that was similar to Pokémon. His idea combined the fun aspect of fantasy games with information about the periodic table and chemistry. His simple idea and website have allowed him to build a net worth that grows by a million dollars every year. www.elementeo.com



http://www.elementeo.com/

10. Juliette Brindak & Miss O and Friends

Juliette Brindak was extraordinarily young when she created her website and at only 10 years old created Miss O and Friends. The site featured content directed toward teenage girls and offered a variety of activities and articles for young web surfers.

After success with her website, Juliette was involved with the creation of a line of books based upon her website. Remaining the CEO and editor of her website, she manages a book line and also



has a reported net worth of around $15 million. www.missoandfriends.com

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10 millionaire teens & how they created their wealth

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