Parting

Internet billionaires. Who are the young internet millionaires? List of the youngest and richest ~ Earnings with Rex711

Some good people have come in the Internet, to to earn money, but faced with the very first failures, they concluded that in the Internet cannot be earned. I have a completely opposite opinion. I am sure that on the Internet it is not only possible, but also necessary to earn. Moreover, the Internet is the most promising market where you need to invest.

For example, I now have an excellent project that I will start in the near future, which pays for itself in the first 7-8 months, and in a year begins to bring more than 10,000 US dollars per month of net profit, with an investment of only 12 thousand of the same American money . Today I am publishing five funny business ideas that brought their creators millions via the Internet. Friends, if you are faced with choosing a new business, be sure to explore all the possibilities of making money online. The next week I will post two articles on this blog about how to make money and how to lose money on the Internet. Respectfully to all readers.

Bookmarks:

I'll digress for a second from the topic. Whatstylish office sofas on that website! I've always wanted to buy a sofa for my office.

Now for some fun business ideas!

Latest Tech News (weirdtechnewshub.blogspot.com) has compiled a list of the most unusual business ideas. Some of them not only turned into successful businesses, but also entered the history of the Internet.

At the first place- Million dollar homepage (milliondollarhomepage.com). On August 26, 2005, student Alex Tew (UK) spent approximately $50 on a domain name and hosting and created a page that consisted of a logo and a 1000 x 1000 pixel gray square. The pixels were put up for sale at $1 apiece in 10 x 10 blocks. Three days later, the first buyer appeared, a music website purchased 400 pixels in a 20 x 20 block. . And on January 11, 2006, the last 1,000 pixels were auctioned off by eBay for $38,000, after which the total revenue was $1,037,100.

In second position- Santa's Mail (santamail.org). With this service, American Santa Claus sends personal greetings for $9.95. The stamp on the embossed gold envelope is redeemed by the post office "North Pole, Alaska" (Americans really have problems with geography). In addition, Santa can send a postcard even after Christmas, issue a Good List certificate or wish you a happy birthday. To date, more than 270 thousand letters have been sent.

The third place is PositiveDating.Com is a dating service for people living with HIV. The authors of this semi-philanthropic idea, Paul Graves and Brandon Kechlin, manage to earn $100,000 a year.

fourth position— Lucky Wishbone Co (luckybreakwishbone.com). The company sells plastic turkey thymus bones. It is a common belief in the English-speaking world that if two people hold both sides of the thymus bone and break it, the wish of the one who has the larger piece in his hand will come true. This is a standard Thanksgiving turkey eating episode in the United States. The idea to produce and sell plastic bones for $3 belongs to the founder of the company, Ken Arone. Annual sales exceed $1 million.

Rounds out the top five Diapees & Wipees (diapeesandwipees.com), a site dedicated to selling designer diaper bags and wipes. Christy Rein, founder of the company, mother of three, has seen firsthand how uncomfortable and unaesthetic it is to stuff diapers into plastic bags. In November 2004, she designed a special handbag and already in 2005 sold them for $180,000. Now, knapsacks of various designs are sold at prices ranging from $14.99 to $44 both online and in more than 120 boutiques around the world.

Internet commerce has a lot of positive aspects of its activity. Most importantly, absolutely everyone can earn money on the Internet, regardless of age and life status. No matter how old you are, it is more important to be a goal-oriented and ambitious person and strive to be the best.

As part of this article, I want to tell a few stories from the life of young people who became millionaires on the Internet, thanks to hard work and incredible fanaticism in their work.

The first girl on our list named. At 19, she made $15 million online. At the moment, Juliet is 23 years old, and her business continues to grow and prosper.

It all started with the fact that young Juliet, at the age of 10, drew cartoon fictional characters, teenage girls, and gave them a name. "Miss O & Friends" . Young Juliet enjoyed imagining various characters so much that she decided to create her own community dedicated to various fictional characters.

Time passed, and a small community turned into a mega portal for girls Missoandfriends.com. On this site, participants share all kinds of tips, tell stories from their lives and hold interesting contests. The portal gained immense popularity among teenagers and remains so to this day.

At the age of 16, Brindak published her own book, which sold over 120,000 copies. At 23 years old, Juliette is a teen idol and a great example for people looking for themselves in the field of Internet entrepreneurship.

Swede, who is only 22 years old today, is the most mysterious and unpredictable person on the Internet. Victor earns money by playing online poker and is known to everyone under a pseudonym Isildur1.

Popularity came to Victor in 2009, when a man appeared on online poker services under the nickname "Isildur1" and began to beat even the most experienced and sophisticated players. In just a week, his winnings amounted to about $ 6 million, but Victor lost most of this money in one evening to Brian Hastings.

It goes without saying that such a talented player as Viktor Blom could not just disappear and stop playing.

According to verified sources, this year Viktor Blom has resurfaced on poker services, earning over $4 million in a couple of weeks of January. After analyzing all his past failures and mistakes, Isildur1 returned to the world of online poker to win even more money.

Blom's new game strategy in January 2013 alone brought him $4,073,070, which is an absolute record in this industry of Internet earnings.

Surely many people know the news social portal Digg.com. At one time, this site was created by a 27-year-old American guy Kevin Rose. In 2004 only for a domain name Digg Kevin forked out $1200. This mega portal currently has 40 million users, and Rose's annual income is 60 million.

At one time, this guy had a desire to organize a portal where everyone could post news and share it with the whole world. And he realized this dream within the framework of the Digg portal, where each user, in addition to posting news, can evaluate the posted news of other users of the news portal and thereby increase or decrease its rating. On Digg you can always find the latest news from all over the world, which is why this site is so popular on the Internet. Rose's brilliant idea was brilliantly embodied on the Internet and made him a millionaire.

Today, Kevin Rose is involved in the development of many projects on. The young millionaire manages his money very efficiently and wisely, investing it in many successful projects such as Twitter, Facebook And Gowalla.

There are a lot of brilliantly implemented business ideas on the Internet, and in order to become a millionaire through the Internet, you must have a huge desire to win and be the first, regardless of whether you are sitting at the poker table or creating a mega portal.

A good idea and its successful implementation can bring a huge amount of money. This is well known to people who were the first to do something on the Internet. Despite the constant expansion of the World Wide Web, there are still a lot of unoccupied niches, so almost everyone can earn money here. Anyone who has an idea for making money. Let's see how successful the ideas of young people who became millionaires turned out to be.

Katherine and David Cook

The youngest Internet millionaires

Age at the start of the project: 15 and 17

Revenue: $10 million

How it all began: in principle, the guys got everything relatively easily. When Katherine was 15 and her brother was 17, they came up with the idea of posting a free version of the school yearbook online, where everyone could receive and send an anonymous opinion about a person (classmate, classmate).

In principle, THERE are quite popular things, so the brother and sister were able to get 250 thousand dollars from their older brother to establish the project. The site was launched in April 2005 and received its first million registered visitors in the first year.

Five years later, the site was valued at $10 million.

In principle, with such an initial capital, you can promote anything, but, nevertheless, the guys achieved a lot as teenagers - not every rich teenager can do the same.

Ashley Qualls

The youngest Internet millionaires

Age at the beginning of the project: 14 years old

Income: 4 million

How it all began: in 2004, when Ashley was only 14 years old, she begged her mother for $ 8 (this is not 250 thousand for you), and launched the site, the name of which is indicated above. On this site, she talked in detail about the intricacies of HTML, which may be useful to users of the social network Myspace. In addition, Ashley shared other legal "hacks" for this social network.

She soon dropped out of school, and within two months she was earning $70,000 a month. Now Ashley's income reaches five figures, and the cost of the site is estimated at 4 million.

Juliette Brindek

The youngest Internet millionaires

Age at the beginning of the project: 10 years (!)

Revenue: $15 million

How it all began: it's just Brindek and his friends made a website for little girls that would be interesting to all visitors. In a short time, millions of girls aged 8 to 12 began to visit this site, and the site began to earn huge money from advertising.

After that, Juliet released the first book, which sold 120,000 copies. Her business is now valued at $15 million.

Paul Burke

The youngest Internet millionaires

The youngest Internet millionaires

Age at start of project: 18

Company: no

Income: $300,000/month

How it all began: Paul Burke thought about a profitable business later than others - at the age of 18. He tried out affiliate marketing on the web and made $600 in his first month.

After that, Paul began to work even harder, and in less than a year he began to receive 300 thousand a month. He still works in affiliate marketing, plus he started his own blog, where he posts his own thoughts and advice on his line of work.

For reference: affiliate marketing (affiliate marketing) is one of the Internet marketing tools. This type of activity can be defined as an affiliate business, where the partner receives money for each visitor, subscriber or buyer brought by him to any business.

Ben Kaufman

The youngest Internet millionaires

Age at start of project: 18

Revenues: $5-10 million per year

How it all began: Ben Kaufman started Mophie, an iPod accessory site. The site sold batteries, cases, cables, and other items for the iPod.

He later launched Kluster, which is a "shared decision-making platform." And finally, at the age of 22, Kaufman opened Quirky, a site that tells how you can make this or that thing.

The Internet has long been one of the main suppliers of new faces to the Forbes billionaire rankings. Online entrepreneurs get far more attention than investment bankers and oil tycoons. They are young, smart and eccentric. Everyone likes them. They like the right because they made themselves and protest against state interference in their business and restrictions on freedom of speech. Liked by the Left because they vote Democratic and give hundreds of millions of dollars to charity. Even their own employees like them, who build spacious offices and invite massage therapists. They are getting richer by leaps and bounds. At least some.

But, even without sharing the universal love for these people, it is worth taking a closer look at their position in the ranking. First, because in no other industry does creative destruction—and destructive creativity—occur at such a rate as on the Internet. Secondly, because Internet entrepreneurs rarely hold assets offline and, therefore, any changes in the life of their companies very quickly affect personal fortunes. Looking at the changes that have taken place over the year in the online part of the Forbes list, there are many useful lessons to be learned.

Leaders

There are still no representatives of the Internet itself in the top 20 world tycoons. Bill Gates (Microsoft and investments) and Larry Ellison (Oracle) made money on software. You can even say that the Internet is more likely to make Gates poorer than richer: the company he created (it accounts for 25% of his fortune) loses more than $ 2 billion a year on the Internet.

In the Internet part of the rating, Larry Page and Sergey Brin remain leaders ($18.7 billion each). Each of them became poorer by $ 3 billion in a year, but they can only blame themselves for this: just last spring they regained control of the company. Page is back as CEO, and the two founders still have most of the voting shares, even though they're looking to get rid of control in the next couple of years. Google shares have not risen in the past two years since the company announced its exit from China.

In second place is Jeff Bezos (Amazon; $18.4 billion). In a year, his company has risen in price by more than 10%, in the fall he introduced a new generation of Kindle e-readers and the Kindle Fire tablet, and sales in 2011 reached $48 billion.

Bronze medalist Mark Zuckerberg (Facebook; $17.5 billion) is only $1 billion behind Page and Brin and is likely to overtake his main rivals as early as next year. If Facebook is valued at $100 billion at the time of its anticipated listing, its founder would be worth close to $30 billion.

Growing Search

Overtaking the founders of Google in the coming years can not only Bezos and Zuckerberg. If Larry Page and Sergey Brin each lost $3 billion over the past year, then Baidu founder Robin Li got a little rich and is now worth $10.2 billion. He has already overtaken Google chairman Eric Schmidt (#6, $6.9 billion). His search engine was also added in a year, and now controls almost 80% of the home market. Over the past two years, Baidu has risen in price by 3.5 times - the company owes its rapid growth to the same thing as Google for its stagnation. The creators of other world search engines are not in the ranking: Volozh is a little less than $ 1 billion, and the founder of the Czech Seznam, Ivo Lukachovich, is estimated by Forbes at $ 500 million.

New and expected members

At least two prominent Internet entrepreneurs, Yandex founder Arkady Volozh and Groupon founder Andrew Mason, managed to become billionaires in the middle of last year by listing their companies on the Nasdaq exchange. But since then, the market has dipped a little, and the official debut will have to be postponed until 2013.

In addition to them, high-profile public offerings were successful for Mark Pinkus (he has been on the list since last year) and Reid Hoffman (newcomer). Their companies, the largest social game developer Zynga and the professional network LinkedIn, are worth about $10 billion. Zynga's shares rose after the publication of Facebook's prospectus: it turned out that 12% of the social network's revenue comes from Zynga. Pincus and Hoffman have been friends for many years (back in 2003 they invested together in the Tribe social network), they invested together several years ago in Facebook (their $40,000 per brother turned into several hundred million over this time), they almost simultaneously withdrew their companies listed on the stock exchange, and they have the same fortune - $ 1.8 billion each.

Investor of the Year

Last year, Yuri Milner made his debut in the club of billionaires, and this year he is an investor who means no less for the Internet in Russia and in the world. Chase Colman, 36, is a fund manager at Tiger Global LP (he is worth $1.1 billion). According to Bloomberg, Tiger Global was the most profitable hedge fund in 2011 (up 45%). The reason for this success is that Tiger is not only and not so much a hedge fund, but a venture capital company. Colman's portfolio has at various times been — or still is — companies that could make a Who's Who on the Internet compilation. Google, Apple, Yandex, Mail.ru Group, LinkedIn, Zynga, Baidu, a few Russian startups like Wikimart and AnywayAnyday, and dozens of other companies in Brazil, South Africa, China and Eastern Europe. Almost always, the fund bought shares in private companies, which rose in price several times after the placement. It is hard to doubt that Colman will quickly move up the rankings.

Getting ready to go

The founders of Yahoo were the main success story of the 1990s, the main failure of the 2000s, and in the 10s, they risk not being billionaires at all. Now David Filo has $1.3 billion, Jerry Yang has $1.2 billion. Both of them would have been twice as rich if they had completed the sale of their company to Microsoft in 2008, and even more so if they had gotten rid of their shares ten years ago. Recently, Yahoo has only been getting cheaper, and the main asset of the company is a share in the Chinese company Alibaba bought once on occasion. Investors are considering buying the company off the exchange and selling it piece by piece.

Victims of the Internet

For many years the Internet was a bed for billionaires, but in 2012 for the first time buried two charismatic participants in the rating. Research in Motion founders Mark Lazaridis and Jim Bolsillie relinquished control of the company last year, but it's unclear if that will save BlackBerry. The brand that has been synonymous with the smart phone for many years has not been able to compete with the iPhone and Android and is rapidly losing market share. Lazaridis and Bolsillie have taken setbacks hard and argued loudly with analysts and journalists at press conferences, but now it's time for them to admit their failure.

You can take bets on who will fall out of the Forbes rating after the creators, and who will fall into it along with Arkady Volozh, but the 2013 rating will almost certainly be updated much more in its Internet part than in other industries.

Katherine and David Cook

Age at the start of the project: 15 and 17

Revenue: $10 million

Five years later, the site was valued at $10 million.

In principle, with such an initial capital, you can promote anything, but, nevertheless, the guys achieved a lot as teenagers - not every rich teenager can do the same.

Ashley Qualls

Age at the beginning of the project: 14 years old

Income: 4 million

She soon dropped out of school, and within two months she was earning $70,000 a month. Now Ashley's income reaches five figures, and the cost of the site is estimated at 4 million.

Juliette Brindek

Age at the beginning of the project: 10 years (!)

Revenue: $15 million

After that, Juliet released the first book, which sold 120,000 copies. Her business is now valued at $15 million.

Paul Burke

Age at start of project: 18

Company: no

Income: $300,000/month

How it all began: Paul Burke thought about a profitable business later than others - at the age of 18. He tried out affiliate marketing on the web and made $600 in his first month.

Ben Kaufman

Age at start of project: 18

Revenues: $5-10 million per year

How it all began: Ben Kaufman started Mophie, an iPod accessory site. The site sold batteries, cases, cables, and other items for the iPod.

He later launched Kluster, which is a "shared decision-making platform." And finally, at the age of 22, Kaufman opened Quirky, a site that tells how you can make this or that thing.

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