Youth entrepreneurs have certainly been on the rise in the past few years. But with plenty of millennials and even Generation Z entrepreneurs becoming millionaires and even billionaires every day, kids still in school (and also adults) have plenty of role models for becoming successful owners of businesses. Here you’ll learn about some young men and women who are among the wealthiest entrepreneurs of any age.
Mark Zuckerberg: Of course, the founder of arguably the most successful social media platform in modern times would make an appearance on this list. When Mark Zuckerberg founded Facebook while a student at Harvard, he may not have imagined that one day he would be worth over $80 billion. His advice to would-be entrepreneurs is to find something you’re “super passionate” about and work every single day towards that goal.
John Collison: John Collison and his brother founded Stripe, a revolutionary digital payment company. Throughout John’s entrepreneurial journey, his company even received venture capital funding from the likes of Elon Musk. All of the success of Stripe led Collison to become the youngest self-made billionaire at the time (in 2016). In recent times, Stripe was estimated to be worth $19 billion.
Drew Houston and Arash Ferdowsi: Ferdowsi and Houston, the co-founders of Dropbox, attended the Massachusetts Institute of Technology when they came up with the idea to create a storage and file sharing service that’s entirely based on the cloud. Since Dropbox started in 2007, the company has brought in approximately $1 billion a year in revenue. Drew Houston has this piece of advice for young people who want to one day become entrepreneurs. Houston tells would-be entrepreneurs that no one comes into the world a natural CEO. Instead, it is through acquiring skills and learning on the job that one learns how to be a leader of a successful company.
Catherine Cook: When Catherine was just 15 years old, she and her brother came up with the idea to digitize high school yearbooks. Within a short period of time, myYearbook.com took off. Catherine and her brother Dave then became one of the youngest millionaires in the United States at the prime of myYearbook.com