Top 5 Internet Millionaire Kids

#1 – Catherine and David Cook

Age at startup: 15 & 17
Company: My Year Book
Net Worth: $10 million

Bio: Catherine Cook, 15, and her brother David, 17, were looking through their high school year book when they came up with the idea to create a free interactive version online.

Catherine persuaded their older brother, Geoff, who was a budding internet entrepreneur at the time, to invest $250,000 in their idea. The site was launched in April 2005 and 950,000 members joined in the first year.

Fast forward 5 years, and the site has a net worth of around $10 million.

#2 – Ashley Qualls

Age at startup: 14
Company: Whatever Life
Net Worth: $4 million

Bio: In 2004, when Ashley was just 14 years old, borrowed $8 from her mom and started a website called whateverlife.com which provided Myspace layouts and HTML tutorials for people in her age demographic.

Ashley dropped out of high school and in less than two years the site was raking in $70,000 a month purely from advertising revenue. As a result of it’s success, offers started flooding in for the Myspace-help website. Qualls was flattered by an offer of $1.5 million plus a car of her choice, but she turned the offer down. In total, she has earned over $1 million from the site.

#3 – Juliette Brindak

Age at startup: 10
Company: Miss O and Friends
Net Worth: $15 million

Bio: Juliette Brindak came up with the idea for Miss O and Friends when she was just 10 years old. She later put put her idea online.

Miss O is a website by girls, for girls to build self-esteem, positivity and good sense of self. It’s visited by millions of girls each month in the age range 8-12, which Juliette like to call ‘tweens’.

When Juliette was 16 she released her first book in the summer of 2006 which sold over 120,000 copies. Now, her business at 20 years old is worth $15 million.

#4 – Paul Bourque

Age at startup: 18
Company: Affiliate Marketer
Net Worth: $300,000/month

Bio: Paul Bourque was 18 when he started browsing ways to make money on the internet. He stumbled across affiliate marketing, and after profiting in the first month he couldn’t turn away.

His first month’s revenue was around $600, and in less than a year Paul’s earning over $300,000 a month from AzoogleAds.

He currently works full time as an affiliate marketer, but also runs an affiliate marketing blog where he shares tips and tricks.

#5 – Ben Kaufman

Age at startup: 18
Company: Mophie, Kluster and Quirky
Net Worth: $5-10 million/year

Bio: Ben Kaufman founded Mophie, an iPod accessories website, when he was 18 years old. The site sells iPod batteries, cases, cables and more.

He later went on to launch Kluster, ‘a collaborative decision making platform’. At 22, his latest venture is a website called ‘Quirky‘. The site enables anyone with a good idea to get it manufactured – if successful they will earn a royalty percentage.

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Comments

Mick March 17, 2010

Very inspiring. I never knew there were so many young internet entrepreneurs out there. It’s great to see.

droid free apps March 18, 2010

Great guys, life is good when you find you path early in life.

Henrik March 20, 2010

Yeah, this is indeed inspiring, and I hope they do good things with their money ;)

Jared October 16, 2010

Thanks for these inspiring stories, they definitely help all of us young entrepreneurs out. It really surprises me how little traditional “schooling” has to do with their success. I know I’m starting my own site (http://whizkidkonnect.com), and being an entrepreneur is definitely hard, even when you’re young.

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