5 Self Made Millionaires Under The Age Of 30

Decoding The Hustle Of The Youngest Millionaires

I really want more of the younger generation out there to learn this.

You can be a millionaire at age 20 just as easily as you could at age 40.

In fact, nearly 1 out of every 10 Americans is a millionaire now.

A lot of guys subscribe to this false notion that they need to work when they’re young so they can retire when they’re old.

But I always saw that as a trap to be honest with you.

Take a look at some of these self made millionaires under 30 and learn how they did it.

You might notice a common pattern…

1. Ryan Breslow: The King Of Crypto

At age 29 Ryan Breslow founded Bolt, a leading cryptocurrency payment platform which majorly disrupted the whole payment processing industry.

Businesses of all sizes started using Bolt for its convenience, speed, and lower transaction fees.

Essentially, Ryan identified a problem and created a solution. That’s the key takeaway here.

Now at age 28, Ryan has a net worth of approximately $1.1 billion dollars.

2. Evan Spiegel: From Stanford Dorm Room to Snapchat Billionaire

At age 21, Evan Spiegel created Snapchat.

And within its first year, Snapchat surpassed 1 million daily active users, which is pretty much unheard of for a new app.

Fast forward to 2024, and Snapchat boasts over 800 million monthly active users.

Snapchat's parent company, Snap Inc., went public in 2017 with a valuation of $24 billion, making Evan, at the age of 26, the world's youngest billionaire at the time.

So if you’ve got the next greatest idea for an app, try to find some investors and developers to help design it.

This is literally what Evan did with his college classmates and it led to one of the biggest messaging platforms in the world.

3. Tai Lopez: Marketing Master And Multi-Business Owner

Tai Lopez is an investor, partner, and advisor to over 20 multi-million dollar businesses.

He’s basically a business-flipper.

His secret is essentially to find failing businesses, buy them for pennies on the dollar, and then invest to make them lucrative again.

He also has various sources of passive income, including his SEO agency, which helped him become a millionaire by age 30 with a current net worth of $60 million.

Tai is best known as a content marketing king with 2.9 million followers on Instagram, 6.2 million fans on Facebook, 1m subscribers on YouTube, and 1.2m followers on Twitter.

By producing valuable content on his YouTube and other social platforms, Tai draws in his audience and slowly nurtures and converts them to customers over time.

You can do this by creating a valuable YouTube channel that teaches people a certain skill and providing helpful tips on how to achieve that skill.

4. Ben Francis: Billionaire By Age 30

Ben Francis turned a bedroom hobby into Gymshark, a global athletic wear powerhouse.

This British go-getter wasn't even out of his teens when the entrepreneurial spark ignited.

At just 19 years old Ben started Gymshark out of his bedroom.

Ben identified a niche of fitness enthusiasts who craved stylish and functional workout gear. He tapped into the exploding industry of fitness influencers, partnering with them to promote his early Gymshark designs.

These collaborations used Instagram, then a new and exciting platform, to reach a massive audience hungry for the latest fitness trends.

The result? Viral growth. 

Gymshark resonated with fitness fanatics worldwide.

And Ben's key element to success was building a strong online community. Similar to Tai Lopez.

He fostered a sense of belonging by interacting with customers, responding to comments, and actively engaging with his audience. This strategy not only generated sales but also built brand loyalty.

Fast forward to today, and Gymshark is now valued at over $1.4 billion. 

And with over 13 million followers on Instagram, the brand continues to dominate the social media fitness scene.

Ben himself became one of the youngest billionaires ever at the age of 30, forever placing him in the baller hall of fame.

By understanding his target audience and leveraging the power of social media, he essentially built an empire that couldn’t fail.

5. Palmer Luckey: Making That Metaverse Money

Back in his teenage years, Palmer Luckey was tinkering away in his garage.

Little did we know he was about to invent the goddamn Oculus Rift, one of my favorite things ever.

In 2014, Facebook recognized the immense potential of VR, and bought Palmer's company for a staggering $2 billion.

This deal not only made Palmer a young billionaire at the age of 23 but also propelled VR technology onto the global stage.

What we can learn from Palmer? To follow your imagination and bring your most creative ideas to life.

The BMM Takeaway

You’ll notice a common trend with these success stories.

These guys identified a big gap or problem that millions of people had, or an opportunity that no one has thought of, and they brought it to life.

This is how I initially conceptualized my coaching programs for personal trainers wanting to get into online training.

I identified a need that trainers had. They wanted to make more money in less time.

So I created a solution that coached them on how to provide online training, helping them make more money.

Above all, look for ways you can help people or solve problems.

That’s the way all the best businesses are born.