A high school dropout has revealed how he retired at the age of 22 after becoming a millionaire.
Hayden Bowles from the US has 300,000 followers on YouTube and 100,000 on TikTok, where he often shares clips of how he built a number of businesses in his late teens.
He claims the businesses, which include a real estate portfolio and online courses on Performance Dropshipping and TikTok Ads Blueprint, have made him millions.
In a recent TikTok video, he explained, “I started making a pretty substantial income from my business when I was 17 years old and that was in the e-commerce industry.
“I’m still working, I love working, but I’m technically retired because of the money I’ve set aside for real estate. The money that earns me supports my lifestyle.
Hayden Bowles, from the US, has revealed how he retired at the age of 22 after becoming a millionaire
‘[My businesses] continued to grow and we added new branches to the business.
Wealth is a relationship between our income and our expenditure. It’s not a fixed number.’
After dropping out of school at 17, the TikToker claims he doesn’t regret missing out on the “crazy” experience of college.
He founded Ecom Season, a platform that offers a number of different courses, costing up to $575 and covering topics such as 30 Day Ecom Academy and Ecom Remastered 2.0.
In a video he said, “It’s the exact same experience – all the stupidity of college, but you go 20 levels further because everyone has money.”
Hayden has claimed that he earned a ‘considerable’ income of £200,000 and by the age of 20 this had quadrupled to £800,000.
He now claims to have raised over £16 million through his e-commerce focused businesses.
In another video, he told his followers that the key to success is trying to “have one focus.”
He has 300,000 followers on YouTube and 100,000 on TikTok, where he often shares clips of how he built a number of businesses in his late teens.
He told fans not to divide their attention across multiple ventures and to focus on “something scalable that you want to do long term.”
The influencer now regularly shares photos from his luxury vacations in the US, including trips to Hawaii and Vale.
Meanwhile, he also posts snaps next to expensive cars and private jets.
He’s not the first of Gen-Z’s generation to reveal the incredible wealth they’ve accumulated throughout their young adult lives.
Despite her young age Mom Kumarfrom Melbourne, is already financially literate and has an impressive net worth of $219,000 – which is calculated by her total assets minus any liabilities.
For the past five years, Mon has budgeted and worked tirelessly, but she started learning how to invest when she was 20.
“I realized that investing can make you financially independent and give you the freedom to do what you want in life,” Mon told FEMAIL.
The influencer now regularly shares photos from his luxury vacations in the US, including trips to Hawaii and Vale
“I got serious about investing last year when I came across the Financially Independent Retire Early (FIRE) community.”
Mon said her strategy is to invest in a combination of high-growth Exchange Traded Funds (ETFs) and high-yield ETFs to earn high profits with minimal risk.
While Mon was pursuing a bachelor’s degree in business administration at university, she learned everything she knows about investing by listening to podcasts, reading books and watching YouTube videos.
“I don’t think you need a financial education to understand how to invest,” she said.
Since turning 20, Mon has also been working more than 40 hours a week alongside her university commitments, which she has found challenging but beneficial.
“Working long hours during college was extremely hard and if I wasn’t so eager to save up for a house deposit and achieve FIRE, I don’t think I could do it,” she said.
“By working more than 40 hours a week, I reached my financial goals much faster than I expected and I have absolutely no regrets.”
But her hard work and dedication paid off as not only does she have a high net worth, but in May 2020, Mon and her partner put down a $100,000 down payment on a Melbourne apartment worth $532,000.
Mon’s net worth includes her assets from retirement, savings, home equity, investments, and car minus her HECS debt and mortgage.
Mon said investing will help her become financially independent and reach her goal of owning a million dollars by age 35.