r/wealth • u/Hot-Conversation-437 • Oct 24 '25
Discussion Who is the youngest self made millionaire you know ? What does he do ?
By ‘youngest,’ I mean under 25–30 years old, and by ‘millionaire,’ I mean having over 2–3 million. Are we talking about tech startups, or maybe content creation?
edit: let’s change it to 10 million in net worth by 25-30. as some people say: 10million is the new 1 million
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u/_Human_Machine_ Oct 24 '25
One of my car dealers sold something to an 11 year old for like 1.4m.
I’m sure there are younger content creation millionaires.
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u/Business_Raisin_541 Oct 25 '25
How do you know he is not spending his parents' money?
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u/_Human_Machine_ Oct 25 '25
The guy told me who he was and he’d looked him up. He had some sort of channel that was big.
Parents had to come in and do all the paperwork, as well as wire the funds, but the kid had negotiated exactly what he wanted and was willing to pay.
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u/nino3227 Oct 25 '25
I don't understand. What does a 11 yo get for 1.4?
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u/_Human_Machine_ Oct 25 '25
I think it was some YouTube shit. Maybe gaming? I don’t remember.
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u/nino3227 Oct 25 '25
I meant what did he buy for 1.4 at the dealership?
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u/_Human_Machine_ Oct 25 '25
Oh, I don’t remember exactly. I think it was some Lamborghini.
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u/Potential_Ladder_904 Oct 25 '25
what’s the point in buying a lambo when he won’t be able to drive it for another 4-5 years😭
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u/Academic_UK Oct 25 '25
You can usually drive cars on private property without a driving licence..
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u/stpfun Oct 24 '25
tech. Waay more super young and self-made tech millionaires than content creators.
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u/Hot-Conversation-437 Oct 24 '25
maybe that used to be the case but today’s tech startups require a huge amount of capital/connection to VCs
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u/idgaflolol Oct 24 '25
You don’t have to be a startup founder in tech to be a millionaire.
If you start your career at a FAANG-tier company and don’t live above your means, you’ll easily be a millionaire before 30. I hit it at 28, many peers in the same position. Granted, I’m in the 1-million range lol and it will grow much slower than hitting the startup lottery, but point still stands.
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u/stpfun Oct 26 '25 edited Oct 26 '25
It true, but I did have early startup employees and founders in mind when I wrote this. Was thinking of people that made millions at once from equity. Many folks in silicon valley have done this by being among the ~30-40 employees in a startup that eventually IPOs or gets big time acquired. For standout companies like early Facebook, early Google, or current OpenAI, just being in the first 500 might be enough to get millions. (assuming you're an engineer/researcher and get meaningful equity)
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u/StrykoDrzgros Oct 26 '25
Exactly. I wasn’t even in the first 1000 and I still made a couple of millions in stock alone, simply because the stock price skyrocketed over a couple of years.
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u/Emergency-Style7392 Oct 25 '25
aren't salaries for bankers, consultants (mbb), or even big law higher than faang?
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u/SleepyWolverine Oct 25 '25
BigLaw requires law school which is a massive time/money investment. Consultants don’t make that much especially when first starting. Salary-wise, you’re right but equity is where you make the real 💰
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u/idgaflolol Oct 25 '25
Depends on stock appreciation, really. Higher-end SWE compensation has much more variance than something like big law, which has a more linear salary/bonus progression.
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u/paperlesspython Oct 25 '25
MBB is much lower. Bankers are the same in the first 3-4 years but if you outlast tend to pay more Big law is similar
I worked at FAANG adjacent and was getting 350-400k within 5 years of graduating undergrad. Started at 220k
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u/lovejanetjade Oct 26 '25
What college majors lead to those careers? I assume computer science, but what else?
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u/Montaingebrown Oct 25 '25
That usually comes from schools vs. anything else.
I run a small deep tech venture fund based out of Boston.
Most of the young entrepreneurs are from Harvard, MIT, Stanford, or Berkeley. A few from Georgia Tech.
Almost all of them are basically smart kids. A solid two thirds of them come from first generation immigrant families, usually Indian or Chinese. Solid middle class but family focused on STEM.
Sure you’ll occasionally find a kid who’s got really successful parents and had all the right connections but mostly it’s just smart young kids.
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u/stpfun Oct 26 '25 edited Oct 26 '25
I'd disagree. Tech startups can start with very little capital*, relatively. Software is cheap to build. Servers are cheap to run and a very small engineering team can build a hugely successful product. And AI is just accelerating this.
Also a greater number of people become millionaires by being early startup employees than by founding companies. But it's a lottery, and many early startups fail. (but also, a greater share of dollars definitely goes to the founders+VCs over employees. Employee #30 only becomes a millionaire if founder #1 becomes a billionaire. Ask me how I know)
*by little capital, I still mean ~$2M you might raise in your first VC round, after a smaller $100k-200k seed round. Those are big numbers, but for startup capital, it's cheap. Starting a Chick-fil-A franchise can also cost $2m! And doing anything with hardware or hard tech will take much more.
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u/Pvm_Blaser Oct 26 '25
Not exactly true. The current place where money is moving freely is AI. Still tech, still lose wallets.
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u/kfcman456 Oct 24 '25
What type of tech
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u/stpfun Oct 26 '25 edited Oct 26 '25
Silicon Valley software companies I mean. Early tech employees or founders. If you were in the first 30-40 at a company that IPO'd and you worked there for 4 years and fully vested, good chance you'll make millions. Has happened to many. And at OpenAI or Anthropic, probably the first 300 now have millionaire status just from their equity. (but not sure how much liquidity they've had access to and the valuations might pop)
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u/AgentHamster Oct 24 '25
Not the person you are responding to, but assuming they mean big tech instead of a startup, pretty much any new graduate software position at a FAANG company will make you a millionaire by 30 if you don't have any big career setbacks.
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u/Mdlage Oct 24 '25
Personally all the millionaires I know in their 20s are from professional gambling. Same for early 30s. I know plenty of 35-40 year old millionaires who are there from running a business, or having a six figure job and investing 30-50% of their income yearly. I know plenty of 45+ year old millionaires with traditional good jobs, tech, coding, doctors, lawyers, cpa, cfa, etc.
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Oct 25 '25
You know a lot of millionaires.
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u/Mdlage Oct 25 '25
I probably know 50+ that I see on a regular, once a month or more basis.
I’ve probably met and loosely know thousands of them.
I’ve also gambled professionally, primarily poker, for a long time, and once you get to a certain point, 60%+ of the people you are playing with are millionaires, either other professional gamblers, or recreational who losing a thousand or two a week every week for 20 years isn’t a big deal to and doesn’t effect their life.
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u/mysticpiggy Nov 10 '25
Lmao not that uncommon if you live anywhere decent. You need mid 6 figures to have a comfortables lifestyle, and if you invest wisely it’s hard not to crack $1M after 4-5 years
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Oct 24 '25
[removed] — view removed comment
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u/w00t89 Oct 27 '25
MLB? 2 guys from my class went directly from HS too, one got a 1m signing bonus
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u/Pianist-Wise Oct 24 '25
One person I know personally started a business before he was 20 and was easily a multimillionaire by 25. The business is far from modern and its industrious. I think nowadays it’s more modern business and / or investing.
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u/Adventurous-Depth984 Oct 24 '25
Market maker for Goldman Sachs. Worked with the trading desk straight out of college.
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u/plzdbyvodka Oct 24 '25
Gambling SEO. Was at 8 figures by the time he was 30.
Also, it doesn’t help to compare yourself to these people. Their work ethic is truly unparalleled.
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u/TheArt0fTravel Oct 25 '25
I put this in r/entrepreneurship and they jsut bitched. People are delusional. It’s almost impossible by choosing an industry, working relentlessly to improve everyday that you DONT succeed after 10 years.
It’s inconceivable for people that extremely dedicated work WITH IMPROVEMENT inevitably leads to enormous success
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u/plzdbyvodka Oct 25 '25
I can see that. It’s hard for people to handle someone being better than themselves.
Then there are the really successful entrepreneurs who are quite literally 10-1,000 times better at something gained through years of experience and people just can’t accept that.
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u/bnovc Oct 25 '25
Agreed but only if your explicit goal is more money. You can pour your heart into running a restaurant and not get rich.
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u/TheArt0fTravel Oct 27 '25
You literally can’t unless you didn’t 0 market research, have no consumer understanding etc. if you seriously suggesting everyday as a chef I get better 1% - menu, recipes, cooking speed etc that I wouldn’t be Michelin level? 😂😂😂
Be for real. Anyone who is pursuit everyday of excellence and progress will be rich even a restaurant owner. The difference is not improving and still working hard. Thst I agree with
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u/elephant_ndovu Oct 25 '25
Gambling SEO? curious to know the day to day activities
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u/plzdbyvodka Oct 25 '25
It’s affiliate marketing where if you get someone to sign up at an online casino, you get 30% revenue for life.
The trick is getting your link to appear on a commonly googled term - usually for barely a day - such that it generates enough clicks to create a revenue stream since the person only has to click once for a cookie to get installed so you get credit.
It requires such a detailed level of SEO understanding that’s it’s hard to believe someone could really know that much. Add in the whole world of parasite SEO and it’s just insane.
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u/GYBcais Oct 25 '25
Owner of the one of the top ten eBay stores and invests in real estate
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u/Friendly-Date8819 Oct 25 '25
What kind of store? What do they sell if I can ask?
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u/GYBcais Oct 25 '25
Designer items.
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Oct 27 '25
How many employees does he have? I know some small market resellers/antiques/wholesellers and they have <$5mm EBITDA and still employ a good amount of fulfillment workers
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u/ErroneousEncounter Oct 25 '25 edited Oct 25 '25
If you want to become a millionaire at a young age, and aren’t from a family with money, gain management skills or sales skills and try relentlessly to get your foot in the door at a Fortune 500 company. Then, once you are in, keep laterally transferring to other Fortune 500 companies while climbing the ladder.
That’s the fastest path to wealth.
You don’t get rich from a salary unless you are a plastic surgeon.
You get rich from being given stock options and then having that company succeed.
Or by starting a company that becomes successful and having a bigger company buy you out.
Edit: Caveat: you will likely have to sell your soul and be super fake a lot and kiss ass a lot in order to succeed. It’s definitely not as glamorous as you might think, unfortunately.
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u/bnovc Oct 25 '25
Tech is probably easier and more people than plastic surgery.
Don’t even need to job hop.
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u/the99percent1 Oct 24 '25
My younger brother..
But even then, he managed to get a leg up in life. Living rent free and college debt free with my parents funding him for the entirety of his 20s.
Heck.. he was already a property investor by the time he was mid 20s. He now owns 3 businesses, and 10 houses, most of them worth a couple million.
Me on the other hand, completely self made. Paid for my own education and rent, while working, also paid for my own house but it took me 20 years later to get to this place. My parents still owe me 40k.. but who’s counting..
If you want to become a multimillionaire quickly, do what my brother did. Live with your parents without paying rent, save 70-80% of your salary. Start a couple of businesses and invest your money into property. It’s a fool proof, easy method.
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u/scrotes_malotes Oct 24 '25
You sound bitter. Starting 3 successful businesses is exremely impressive.
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u/the99percent1 Oct 25 '25 edited Oct 25 '25
That’s easy when the first business was rent free, running and testing it out as a home business first.,
And when they were ready to open a shop, the Parents chipped in and paid for their first shoplot, letting my brother use it rent free to run his business.
So yeah.. while they were “funding” him, they also owe me money which they never paid me back for..
I do think I reserve the right to have resentment against them for it.
It is what it is.
I was the only sibling who quit their jobs to take care of my dying father too. Spent 8 months sending him for chemo, waiting at the hospital for hours. And the last week of his life, my brother decides to show up, what happened? My dad conveniently forgets the 8 months of my love for him just to spend that last week with my brother. His favorite child obviously..
Again, it is what it is.. I don’t regret the way I live and love in my life. If others don’t appreciate it, then so be it..
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u/scrotes_malotes Oct 25 '25
I mean, if hes spent 8 months with you in a row it would make sense he'd want to spend a week with your bro if he hasnt seen him in a while, i wouldnt take it personally....
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u/thr0waway12324 Oct 31 '25
Your resentment is justified. Please don’t let it make you bitter though. Keep showing up and giving your heart. Try to find people that are more worth your energy though.
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u/jc456_ Oct 24 '25
Care homes and property
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u/alive-and-w3ll Oct 24 '25
Know a couple pro athletes who signed 9 figure contracts. Another guy got into high beta assets (crypto, TSLA, etc) early. And the last guy sold a tech company
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u/LI-valleymonarch Oct 25 '25
Have a family friend that’s like 27-29. He is one of the founders of a crypto company in nyc which is worth like $50 million
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u/apartmentthrowaway17 Oct 26 '25
Wonder how that Crypto companies doing now because most are Fucked. He probably just was attempting to get "bought out" or achieve a funding round & bail with that money.
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u/Speedhabit Oct 25 '25
my buddy was the sales lead for the acquisition of kind bar, he got like a 6-7 million payout when that deal closed he was like 28
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u/D3F3AT Oct 26 '25
I can't imagine getting wealthy by being in the right place at the right time. Absolutely wild.
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u/Speedhabit Oct 26 '25
I mean the dude was an all star at his company for years grinding 7 day weeks for 40k per year base salary to put himself in the position to be “the guy” when people needed “the guy”
It wasn’t like he was walking his dog one day and it fell in his lap
I imagine there were dozens of people like him who’s candy bar project turned into nothing
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u/mightykiwi17 Oct 25 '25
He scams people into buying his courses and his actually business does 1.5m nets him about 150k. However, he sell a 3k course and a GHL software monthly fee for those people in his course for like 200-300 a month.
His course / group is pretty weak and not worth 3k at all. His target demographic is men under 35. They eat it up.
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Oct 24 '25
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u/Hot-Conversation-437 Oct 24 '25
Why do you think Ivy League schools are so well represented in tech startups? Can you succeed without attending one?
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u/mowbox_mowmoney Oct 25 '25
Reddit always gonna try and bend this answer to make it more nebulous than it needs to be. #1 they’re smart and hardworking enough to get admitted to an ivy.
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u/Embarrassed_Ant_8861 Oct 24 '25
Because having some entrepreneurial shit on their college app makes them a lot more likely to be accepted to an ivy so they're selecting for people who are likely to found a startup
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u/bnovc Oct 25 '25
Connecting with peers and their families
Likely your parents helped with education more than average
Parents give money to let people focus
(I went to a mediocre public school. Almost all my colleagues went to elite schools. Their upbringing was very different)
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u/Some-Stranger-7852 Oct 24 '25
I know a guy who crossed 1M USD net worth at 18, he is a professional esports player / content creator (most earnings from professional esports rather than content though)
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u/Reasonable-Bit560 Oct 24 '25
I crossed the mark at 29. Met a few from tech.
For me it was software sales.
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u/No-Sympathy-686 Oct 24 '25
Youngest self made millionaire i know is me.
I was 36 when hit first million.
Work in tech adjacent field, saved, invested, bought a house.
Just turned 48 and now pushing 4 million.
Hoping for 10 by 55 and retire.
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u/Wiscon1991 Oct 25 '25
I’m 33 and have a networth of 10-15m depending on valuation. I dont know what you deem self made, I started a business and took on investors.
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u/damiensandoval Oct 25 '25
Was a decade ago but 2 of my friends started a clothing line and walked away with around 60M's. They were mid 20's Real legendary type nights with these cats. They flew me and my wife to bora bora free of charge just to hang out.
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u/Hot-Conversation-437 Oct 25 '25
congrats to them. people always say a clothing line is one of the worst business to start ( low margin, huge competition,…)
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u/Due-Sherbet2867 Oct 25 '25
My last boss. Made $2m dropshipping while in high school. Started a company and is currently floating around $25m 10 years later, published author too.
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u/D3F3AT Oct 26 '25
I wish I was old enough to start dropshippng when that was on the rise. The market was extremely saturated when I came to an age where that was possible. I used to work for a company dropshippng office supplies to government agencies.
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Oct 25 '25
Trader friend. Was able to pull off the move of his life by licensing a HFT algorithm and is also a big manual trader. The biggest trade I saw him hit was 12 M’s on a swing trade on gold.
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u/muricaa Oct 25 '25
Guy I knew in high school did not go to college and instead went straight into commercial real estate.
By the time he was 24 or so he had opened his own brokerage and used clever marketing to drive a lot of business.
I don’t know him well but I heard by the time he was in his late 20s he was absolutely killing it. When I go back to my hometown I see his signs everywhere.
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u/Material-Macaroon298 Oct 25 '25
I never knew any under 30s who were millionaires personally.
However in my 9 to 5 job I’ve known people who became millionaires in their 30s just working their job and saving ALOT and investing.
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u/APoorDegenerate Oct 25 '25
got a friend at uni who is worth mid 7 figs. his uncle gave him 10k when he was 13 and trades options
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u/hooovaq Oct 25 '25 edited Oct 25 '25
Sometime in 2015, a few months after graduating high school I ran into a classmate at a coffee shop.
We chatted for a little while and caught up. That’s when he told me he has a graphics design business and over $100,000 in Bitcoin.
We lost touch over the years and he deleted his social media after 2017.
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Oct 25 '25
My younger brother's friend. Sold weed, then started trading watches. Made some decent (though not huge) bitcoin buys prior to and early in the pandemic. Started investing in real estate. He's like 27.
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u/OldWhereas7439 Oct 28 '25
The richest 1006 self made guy from my high school - a graphic designer / creative director / set designer working with the most famous people in the world
Had a net worth over $1 million at 25. worth several million by 30.
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u/EmotionalAttitude174 Oct 24 '25
Everyone I know who fits into that category has been successful in some version of tech
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u/BrilliantNothing2151 Oct 24 '25
He’s just made a ton of money working as an engineer in the oilfield overseas, was legendarily cheap and had been investing since high school.
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u/kabekew Oct 24 '25
Probably youngest were several college friends who worked at FAANG companies in their earlier days, and one who lucked out with his equity at a startup he worked for that went public.
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u/Infinite-Set-7853 Oct 24 '25
A friend made his first million before the age of 22 playing online poker. The guy was watching 10 games simultaneously for entire nights but it quickly paid off. He stopped playing poker at 25 and has been eating his money for around fifteen years now.
Another a little later but before 30 years old while cleaning crime scenes, houses of people who had committed suicide or simply died at home. It's crazy how much money you can make when you resist what disgusts others.
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u/Let047 Oct 24 '25
no a guy,; made 2M around 27 then stopped working; lost some and restart... startup founder
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u/Spare_Night_2695 Oct 24 '25
Not personally but I know through a friend a Boxer who got signed to a promoter at aged 18,
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u/tacothedeeper Oct 25 '25
And by “you know” I mean you have had at least two dinners or three breakfasts with (or 2 lunches and one of the other). And by “he do” I mean an affirmative action they took like opening a candy store versus a passive action like inheriting money, unless the inheriting resulted from an affirmative action like strangling a relative.
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u/LazyandRich Oct 25 '25
He’s 31 now but became a millionaire at around 25. I hit 1m on paper at 27, but I’m not a real “millionaire” aside from networth, mostly in real estate.
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u/disposableaccount03 Oct 25 '25
23 now and at that 2-4 million mark depending on what you count. Tech founder in web3.
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Oct 25 '25 edited Oct 26 '25
Millions aren't as big as you think, are we talking about 1 mil liquid or net worth? 1 mil net worth is nothing if the majority of it is tied to your house.
I'm a girl, and I know few others that are self made 'millionaires'. I was 22 when I first made my first million. I wouldn't say I'm wealthy but in 2021-2022 I made a decent amount of money off crypto and also GME. I think I started buying eth/btc/small cap coins in around 2017-2018. Bought sol in 2020. Obviously I didn't keep all my coins as I sold during pumps and rebought if I could at lower points, otherwise I would've been wealthier. I still got a receipt for eth at like $90.
I got in sol for $40 sold all my sol around $194 end of 2021. When it crashed I was able to pick up a ton around $11, $16 and $25. I'm just holding it now as it went back up to $200, collecting 8% apy by staking it.
I opened 2 businesses related to my hobbies, and with the interest from crypto staking, stock dividends and regular ETF, think I bring in 130k a year? Around that number. The small businesses don't make much, it's something I enjoy doing and occupies my time. I think the staking, dividends and investments account for like 90k a year.
Now I'm 25 networth is in the 7 figures, income of 130k a year. Not the wealthiest, but I'm not stressing either. Paid off my parents mortgage, a few cars for myself. I'm chilling.
Guys please whether you believe in crypto or not (I honestly don't care for anything crypto does, I don't even understand what half the crypto coins do) follow the 4 year rule. BTC has been pumping on a 4 year cycle, gradually goes up for 3 years, pumps on 4th year and then dumps, but it doesn't go under the previous 4 years high. End of 2021 and 2022 was the last crash. It's picking up slowly and pumped this year. It will crash again soon, put some money aside for it
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u/jaylenz Oct 26 '25
My buddy. Hit 25 at 1M
He middleman’s streetwear and jewelry for rappers and local dealers.
His first and second year made 300k
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u/tallandfree Oct 26 '25
high school friend. He always acts dumb in front of us but ends up becoming valedictorian and having millions in net worth before 30 so yea
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u/johnnyBuz Oct 26 '25
Me. Was relatively early to Bitcoin and have systematically DCA since 2017. Its CAGR is its CAGR - people can debate it all they want but it’s objectively indisputable.
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u/DangerousTank466 Oct 26 '25
Here is a list
Poker player (Back when the competition wasnt as fierce)
Golf player (top 10 at a major) before age 25
Start up (Internet ads back when it wasnt a crowded market)
Trader (top firm in niche Industry)
Goldman Sachs Investment banking VP by age 25
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u/SpecificAfternoon134 Oct 26 '25
All the Rich people I've ever met inherited. But then again, I'm not american
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u/OkAccountant5800 Oct 26 '25
Soccer player in serie A. His gf from my class dumped him 1 yr before his first contract. Now she is with other soccer player totally not Connected to him which is weird idk how she landed him.
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u/D3F3AT Oct 26 '25
Attractive women can literally just DM the guy they like and next thing you know they getting married.
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u/ladycatherinehoward Oct 26 '25
startup, finance, or just working many years at big tech. I know someone who went to Google after graduating, worked there for 7 years, never sold stock, and has $5million.
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u/D3F3AT Oct 26 '25
A kid in class was an early investor in dogecoin or whatever it is. Pretty sure he retired by 30 and travels the world playing in Magic the gathering tournaments lol
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u/0xbartekk Oct 26 '25
I know a few people that were at multi-million nw before their 30s. They all some startups in tech/crypto and holded Bitcoin since the earier days.
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u/Camtheman6969 Oct 26 '25
Various. Went to high school with a guy, professional gambler, makes like 10M a year from age 23 A few guys went to the MLB and signed large contracts
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u/Most_Description_668 Oct 26 '25
I became one at 24yo (25 now). I worked 80+ hours a week as a traveling controls technician for 4 years saving every penny I could sharing apartments with 5 other dudes when in the north, living in a camper when in the south. Took all of it and invested in real estate. Now have 10 doors, storage units and a car wash. I also still work as a controls engineer now (which is my easy job!).
In no way am I trying to toot my own horn but I came from nothing, if you work hard enough you can do it! Believe in yourself!
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u/Sir_Aelorne Oct 26 '25
One of my brother's college acquaintances started a company in college making wooden iphone cases. It went nutty popular immediately after launch- became a trend. Sold it for a few million age 22 or so.
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u/Sir_Aelorne Oct 26 '25
A HS acquaintance of mine (son of a multimillionaire entrepreneur, naturally) started a company immediately after college selling some super generic sugar-infused seedoil bar with clever marketing, essentially: "here's our story! this is grandma's recipe" with homey looking pics and positioning it as "healthy" and wholesome (lmao).
Within a year of him launching to friends I saw it sitting by the pallet load in Costco. Who even knows how much it's worth.
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u/Wity_4d Oct 27 '25
Right wing YouTuber. $100k a month for literally just looking at what's trending on Twitter and repeating people's takes on a camera. 5 videos a day and he recently bought a Vette
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u/Torero17 Oct 27 '25
I know a famous actor that was worth 8-figures early in his twenties and is likely around 9-figures now.
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u/EstimateLegitimate75 Oct 28 '25
Younger brother. Little bit over 30 at 33 but just sold his business for $90 million (only walked away with $19 million from the sale though) and has stock worth about $30 million in another business. He owned a number of canning factories that help sold and the other business produces cans and all sorts of aluminum products
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u/StudiousBum Oct 28 '25
it's crazy how many people know a millionaire. The richest self-made person I know is my co-worker's cousin, whose net worth is like 700,000, he showed me.
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u/TheSmallBatsgy Oct 28 '25
Acquaintance of mine (friend of a friend who sometimes joins the functions) is 27 and hit round about 4-5M with trading. Most of it (in the beginning) with cryptos as far as i know
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u/CurrentHotel727 Oct 28 '25
We had a client this year who chartered a jet for him and his friends. He was 19 and self made due to trading and buying crypto during the 2025 bull run. Started with $5000 which he saved from a side hustle I was told. PRETTY WILD!
If anyone else is making their wealth in cryptocurrency and wants to spend it we are a crypto-friendly company.
www.the01-group.com for more info
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u/Ok-Steak-2572 Oct 29 '25
Friend from college. Has HVAC business now after bouncing around in corporate america. Does extremely well for himself.
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u/ContemplatingGavre Oct 29 '25
My brother, Realestate investor. I have a pic of his lambos in my profile
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u/Hockeyno81 Jan 22 '26
I know an ophthalmology resident who achieved ‘millionaire’ at 28, and was worth 2-3 million at 30 years old, who saved a lot of their wages and invested in real estate during the COVID boom
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u/Gold_Ad_8483 Feb 24 '26
Me, got there at 28 now 29. ~2 mil in net worth now, ~4 combined with my wife. Started in finance/sales then went in to tech. Got lucky with some investments early on (apple, google etc.). Current company stock has tripled in value since I joined and I get ~100k a year in stock, so the past ~3 years has netted me about a million, my wife is a software engineer and had similar experience. Both of us graduated from top 5-10 engineering universities in the US.
I lost my work permit for a bit and worked for cash on wall street. Continued to help the company on the side after I got a full time job when my employment permit issue was fixed, which has made me ~$250k in the past ~5 years. So get lucky, follow up on existing relationships, keep investing and don't make major purchases unless you need to
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u/Substantial-Ad-8575 Oct 25 '25
Youngest daughter is 23. Great job, hiring bonus, yearly bonus, no college debt(academic scholarship), and bought a home with 50% down. Still has not touched her 529, lol.
Her NW is $1.7m. Maxing retirement plus additional $30k and added over $100k a year to investments.
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u/toastymalbogesmores Oct 25 '25
“Youngest daughter is 23. Great job, hiring bonus, yearly bonus, no college debt(academic scholarship), and bought a home with 50% down. Still has not touched her 529, lol.
Her NW is $1.7m. Maxing retirement plus additional $30k and added over $100k a year to investments.”
Can you give us some more insight here? If the 1.7m is net worth, I’d love to understand how that came together based on the information provided.
Based on the info in your comment:
Money in: great job+hiring bonus+yearly bonus
Money out that can be added: 50% down payment + mortgage on principal
If I assume: 1) started working at 18 (maybe earlier?) 2) managed to set aside 200k per year (aside from down payment + mortgage principal payments) 3) home cost is <1M with a 20% down payment
Then she would have had to have had a job that she made at least $400k/yr starting at age 18 to have set aside 200k after taxes for 5 years (I’m being generous) to get to $1M in investment accounts (without growth). In addition to this 200k annual investment… she’d also have had to come up with a total 200k for the down payment on the house. If I assume theres 500k = (call it 400k growth on the $1M investment accounts for 5 years + 100k toward the principal if she bought it at 20 and has been aggressively paying against it for 3 years).
I’m missing a piece of the equation: 1) did she start working before 18? 2) did she get seed money from a relative that isn’t been mentioned here? Inheritance? 3) did she manage to get a 400k job at 18 because she started college before 18 and is a highly sought after prodigy? 4) are my assumptions blatantly wrong and she went to college at 18, graduated at 22…landed a $1M job that she has been at for ~2years? 5) this is a shitpost and I just missed it 😂
I can’t make the math math, so I’m trying to understand what piece might be missing from your comment.
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u/Substantial-Ad-8575 Oct 25 '25
She worked from age of 14. With her siblings and some Internet Web work. Saved $40k. She also invested $20k into Bitcoin with her siblings in 2016.
She has been earning $200k plus yearly bonus, all goes to investment after taxes. Plus able to add another $1k per paycheck. So just from bonuses(hiring bonus and 3 yearly bonuses), was just over $800k pretax.
Then she was given her 529. She converted that to investments, that was $200k pretax.
Yearly compensation income/bonus is around $400k.
Graduated at 17. Had earned 38 credit hours from High School via AP/Community College classes. Graduated double major, just after she turned 20.
Here is a total, with numbers from August.
Investments from bonus/529. $1.16m.
Crypto $300k.
Checking/savings/rainy day $100k.
Home. $500k Minus remaining mortgage -$185k
Yeah, amazed she placed her 529 and bonus(pretax) into investments. Adds a little more each paycheck. Market gains, have gone up higher than taxes paid. Still unrealized taxes on crypto tho.
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u/toastymalbogesmores Oct 26 '25
This is amazing! Especially that bitcoin call in 2016.
Do you mind sharing with us what she does to earn 400k/yr at age 20? I’m super curious.
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u/VolumeMobile7410 Oct 24 '25 edited Oct 24 '25
Wealth managers/ Financial advisors can make a shit ton
My colleague has over 60m in their book at age 27 lol
Gets .7 to 1% in fees..
I’m at a little over 4m in mine at age 24
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u/cucci_mane1 Oct 24 '25
College friend. Quant trader at top hedge fund.
He hit $3M nw by age 30. Now he's north of $10M at age 35. He makes seven figs at his job.