Top 10 Fastest Internet Millionaires

Alex Tew

Age at the time: 21 years old

Time taken: 5 months

Website: Milliondollar Homepage

alexTew

Alex Tew, a 21-year old student from Cricklade in Wiltshire, England, conceived The Million Dollar Homepage in August 26, 2005 to raise money for his university education.  He was about to begin a three-year Business Management course at the University of Nottingham, and was concerned that he would be left with a student loan that could take years to repay. He then created a home page consists of a million pixels sold for $1 per pixel in 10 × 10 blocks. The aim of the website was to sell all of the pixels in the image. On January 1 2006, the final 1,000 pixels were put up for auction on eBay. The auction closed on 11 January with a winning bid of $38,100 that brought the final tally to $1,037,100 in gross income. This internet phenomenon generated a million dollar income for Alex within 5 months.

Reference:

http://en.wikipedia.org/wiki/Alex_Tew

Matt Mullenweg

Age at the time: 22 years old

Time taken: 8 months

Website: Automattic.com

mattMullenweg

Matthew Charles Mullenweg, the 25-year-old founder of Automattic, the company behind the open-source blogging tool WordPress, Akismet spam protection service and a handful of other software projects. He was born in Houston Texas but moved to San Francisco California to work. A former CNET employee turned entrepreneur, he launched Auttomatic on August 2005 and began raising $1.25 million in funding by April 2006 and had sold $1.1 million in series A stock to two accredited investors in California as of Oct. 12. In 2008, he was named one of Business Week’s top 25 most influential people on the web.

Reference:

http://en.wikipedia.org/wiki/Matt_Mullenweg

http://www.businessweek.com/the_thread/dealflow/archives/2006/04/automattic_rais.html

Suleman Ali

Age at the time: 26 years old

Time taken: 9 months

Website: Esgut.com (Facebook Application)

sulemanAli

In 2007, Suleman Ali left Microsoft to start a company. With no particular plan and out of boredom, Ali built an application for Facebook called Superlatives, which lets visitors rate their friends as the smartest, best-looking and whatnot. Nine months later, the 26-year-old sold his portfolio of Facebook applications, called Esgut, to Social Gaming Network (SGN) for a seven figure price (which he didn’t want to disclose).

Reference:

http://www.forbes.com/2008/12/19/make-money-online-ent-tech-cx_mf_1219moneyonline.html

http://news.cnet.com/8301-13577_3-10119417-36.html

Rob Benwell

Age at the time: 22 years old

Time taken: 12 months

Website: Blogging to the Bank

robBenwell

Rob Benwell, was a college dropout who started his business online with $100. BloggingtotheBank.com was launched in early 2006 where Rob shares his techniques for making money blogging. He wrote “Blogging to the Bank,” a self help guide with step-by-step instructions for creating a blog that earned him $100,000 in 6 months and reached the million dollar mark after 12 months. Following his highly successful ebooks is the launching of “Niche Annihilation Method” and his “Six Figures In Six Months” coaching program where he shares his knowledge on annihilation method, how to set up a web site, launch, niche, search engine techniques and more.

Reference:

http://www.robbenwell.com/#ic

http://www.bloggingtothebank.com/blueprint/#ic

http://www.blogcatalog.com/search.frame.php?term=rob+benwell&id=90234d839389389af5b3323cded6bc01

Anshul Samar

Age at the time: 13 years old

Time taken: 1 year

Website: Elementeo.com

anshulSamar

When he was a middle school student, Anshul Samar created Elementeo, a gaming startup that teaches chemistry via fun card games that are similar to Magic: the Gathering or Pokemon. The basic idea behind Elementeo is to combine chemistry facts with fantasy in a board-based card game.  He’s now 14 years old and runs his company in Bay Area which was estimated to have hit $1 million in revenue in its first year of operation.

Reference:

http://quicken.intuit.com/personal-finance-tips/fun-with-finances/9-Young-Entrepreneurs.html

http://digital.venturebeat.com/2008/09/04/interview-with-anshul-samar-on-elementeos-launch-and-being-a-teenage-ceo/

James Murray Wells

Age at the time: 22 years old

Time taken: 1 year

Website: Glassesdirect.co.uk

jamesMurrayWells

This 26 year-old English entrepreneur was still in college when he saw a great business opportunity. While studying for his final university examinations, he discovered that he needed to start wearing spectacles and was surprised to find out that the usual £150 costs only £7 to make. Since there was no online retailer for reading glasses at that time, he used his college loan money to start such business, a website selling spectacles directly to the public. Glasses Direct sold 22,000 pairs of glasses which turned to be successful enough to earn over £1 million during its first year in operation.

Reference:

http://en.wikipedia.org/wiki/James_Murray_Wells

http://74.125.153.132/search?q=cache:9ABdWQaSmccJ:www.growingbusiness.co.uk/2005.html+James+Murray+Wells+age+when+he+got+his+millions&cd=18&hl=en&ct=clnk&gl=ph

Anand Lal Shimpi

Age at the time: 17 years old

Time taken: 1 year

Website: Anandtech.com

anandLalShimpi

Anand Lal Shimpi was just 17 when he created www.anandtech.com (a tech website that reviews computer hardware) in 1997 and was already earning over $1.5 million dollars in advertising revenue that year. The site receives more than 50 million page views per month. Born June 26, 1982 to Indian and Iranian parents, Anand remains to be CEO and Editor-in-Chief of the organization which continues to be a highly successful tech business today.

Reference:

http://en.wikipedia.org/wiki/Anand_Lal_Shimpi

http://www.gnextinc.com/capitalist/feature/toptycoons.html

Ephren Taylor II

Age at the time: 17

Time taken: 1 year

Website: Ephren.com

ephrenTaylorII

Ephren W. Taylor II is the youngest African-American CEO of any publicly traded company ever.  Taylor started his first business venture at age 12, when he began making videogames. At 16, Taylor teamed up with friend Michael Stahl to build a job-posting Web site for high school and college kids called GoFerretGo.com. He even hired his History teacher when the website skyrocketed and attracted 30,000 visitors that earned him his first million dollars at 17.

Now at 26, Taylor runs a holding company that invests in socially responsible businesses, such as low-cost housing in urban Cleveland and Kansas City.

Reference:

http://www.forbes.com/2009/03/03/first-million-taylor-entrepreneurs-finance_ephren.html

http://en.wikipedia.org/wiki/Ephren_Taylor

Steve Chen and Chad Hurley

Age at the time: Chen (28), Hurley (30)

Time taken: 1 year and 8 months

Website: Youtube.com

steveChenAndChadHurley

In February 2005, former Paypal employees Steven Shih Chen (31, born in Taipei, Taiwan) and Chad Meredith Hurley (33, born in Pennsylvania, USA) created the popular video sharing website YouTube. Along with Jawed Karim, Chen and Hurley founded the website because of a need to share some of the party videos Hurley wanted to share with his friends by email (which rejected it considering the size of videos). Youtube was an internet phenomenon that allowed its users to upload and share videos. In October 2006, YouTube was bought by Google Inc. for $1.65 billion, and is now operated as a subsidiary of Google.

Hurley’s share alone was a whopping $345.6M. The company is based in San Bruno, California.

Reference:

http://en.wikipedia.org/wiki/YouTube

http://www.crunchbase.com/person/chad-hurley

Michael Furdyk

Age at the time: 16

Time taken: 2 years

Website: Furdyk.com

michaelFurdyk

Michael Furdyk sold his first business, MyDesktop.com, in 1999 that made him a millionaire at the age of 16.

In the past, this young Canadian has turned his interest of computers into a series of successful online companies, co-founding MyDesktop.com, an online computer-help service in 1997 which after 2 years was sold to Internet.com for $1-million. Furdyk felt that they could only go so far without more experience and exposure. He also co-founded BuyBuddy.com, a price and shopping comparison website which raised $4.5-million of venture capital. Now he is the co-founder of TakingITGlobal.org, a global non-profit online community for youth engaging members in over 195 countries.

Reference:

http://www.cbc.ca/money/story/1999/05/26/whizkids990526.html

http://www.tld-zone.com/articles/global.php

Be sure to check out my other Top 10 Lists while your here! Just use the Top 10 tag below or click on the Top 10 Category to the right.

  • http://seosublinks.com Gabriel

    Great list I must say. Don’t forget the guru of all time John Reese who made a million dollars in less than 24 hours. Thanks

    • http://www.joshroa.com Josh

      Fair point Gabriel though if my recollection serves me correctly, that particular launch was paying out 50% in commissions. It does highlight the fact that many Internet Marketers (Frank Kern, John Reese, etc) continue to make millions on an annual basis based largely off of their personal brands and networks.

      Great content for an internet marketing Top 10 list mayhaps…

  • Vik

    Sabeer Bhatia?!

    • Josh

      True, though I think Hotmail took 4 years of growth before being acquired by Microsoft (correct me if I’m wrong). I can promise that he will be on an upcoming list of early influencers.

      Thanks for the contribution Vik!

  • Stephen Tracey

    Great Post Josh.. Very inspirational !

    • http://www.joshroa.com/ Josh

      Glad to see it got your mind thinking Stephen.

      If you want to see some of the most popular business models adopted by Millionaires, check out the Top 10 Ways to become a Millionaire article I wrote too!

  • http://Textz.com Stephen delali

    Im very happy to read dis lovli stuffs.
    Now i knw hw to start and what to do.

  • Yas

    Luck is no where near me, anything I touch it goes wrong, when my brother touches it turns gold.