by Saurabh Misra
Internet has proved to be a good place of investment for many entrepreneurs, young and old. Some of the young entrepreneurs have earned huge success in their projects and have become millionaires at an early age.
This list includes 10 such young entrepreneurs who have become millionaires on the internet.
10 Greg Tseng and Johann Schleier-Smith
Greg Tseng and Johann Schleier-Smith Tagged Inc. co-founded
Age: 28 years old
Wealth: $45 million
Tagged Inc. was co-founded by Harvard graduates and entrepreneurs Greg Tseng and Johann Schleier-Smith. Tagged.com was launched in October 2004 by Tagged Inc. and is privately owned.Tagged.com is a social networking site founded in 2004. Tagged is the subject of numerous customer complaints for sending deceptive bulk mail and is regarded as a phishing and spamming site and an "E-mail scam" by consumer anti-fraud advocates. It is headquartered in San Francisco, California, United States
Threadless Co-founders Jake Nickell
Age: 28 years old
Wealth: $50 million
Threadless is a community-centered online apparel store run by skinnyCorp of Chicago, Illinois, since 2000. Co-founders Jake Nickell and Jacob DeHart started the company with $1,000 in seed money after entering an Internet t-shirt design contest.
Members of the Threadless community submit t-shirt designs online; the designs are then put to a public vote. A small percentage of submitted designs are selected for printing and sold through an online store. Creators of the winning designs receive a prize of cash and store credit.
ImageShack Co.founder Alexander Levin
Age: 23 years old
Wealth: $56 million
ImageShack is an image hosting website on the Internet. ImageShack has a subscription service, but the majority of their revenue is produced from advertising related to their free image hosting. The imageshack.us Alexa ranking as of September 25, 2007 is one of the top 40’s. According to Nielsen//NetRatings, ImageShack was the fourth fastest growing web brand in July, 2006.
Project: PopCap Games
Wealth: $60 million
PopCap Games is a leading American casual game developer and publisher, based in Seattle, Washington, United States. It was founded in 2000 by John Vechey, Brian Fiete and Jason Kapalka, and currently employs more than 180 people. Most of Popcap’s games can be played free in a limited form, with the full version available for a fee.
PopCap’s flagship title Bejeweled has sold more than 25 million units across all major platforms. PopCap games are available for Web, PC and Mac, Xbox, Xbox 360, PlayStation 3, cell-phones, PDAs, iPod Classic, iPhone/Touch and other mobile devices.
Wealth: $75 million
DeviantArt (official typeset as deviantART; commonly abbreviated as dA) is an American online community with worldwide appeal showcasing various forms of user-made artwork. It was first launched on August 7, 2000 by Scott Jarkoff, Matthew Stephens, Angelo Sotira and others. DeviantArt, Inc. is headquartered in the Hollywood area of Los Angeles, California, United States. As of May 2009[update] the site consists of over 10 million members, over 81 million submissions, and receives around 105,000 submissions per day. The domain deviantart.com attracted at least 36 million visitors annually by 2008 according to a Compete.com study.
DeviantArt aims to provide a place for any artist to exhibit and discuss works. Works are organized in a comprehensive category structure, including photography, digital art, traditional art, literature, Flash, filmmaking, skins for applications and others, along with extensive downloadable resources such as tutorials and stock photography. "Fella," a small robotic cat character, is the official DeviantArt mascot.
Mozilla firefox project by Dave Hyatt and Blake Ross.
Age: 22 years old
Wealth: $120 million
Mozilla Firefox is a free and open source web browser descended from the Mozilla Application Suite and managed by Mozilla Corporation. Firefox has 22.98% of the recorded usage share of web browsers as of August 2009[update], making it the second most popular browser in terms of current use worldwide after Microsoft’s Internet Explorer, which has 66.97%.
To display web pages, Firefox uses the Gecko layout engine, which implements most current web standards in addition to several features which are intended to anticipate likely additions to the standards.
Latest Firefox features include tabbed browsing, spell checking, incremental find, live bookmarking, a download manager, private browsing, location-aware browsing (aka "geolocation") based exclusively on a Google service and an integrated search system that uses Google by default in most localizations. Functions can be added through add-ons, created by third-party developers, of which there is a wide selection, a feature that has attracted many of Firefox’s users. Firefox runs on various versions of Mac OS X, Microsoft Windows, Linux, and many other Unix-like operating systems. Its current stable release is version 3.5.3, released on September 9, 2009[update]. Firefox’s source code is free software, released under a tri-license GNU GPL/GNU LGPL/MPL
Chad Hurley co-founder and Chief Executive Officer youtube
Age: 30 years old
Wealth: $300 million
Chad Meredith Hurley (born 1976) is the co-founder and Chief Executive Officer of the popular San Bruno, California-based video sharing website YouTube. In June 2006, he was voted 28th on Business 2.0’s "50 People Who Matter Now" list. In October 2006 he sold YouTube for $1.65 billion to Google.
Hurley worked in eBay’s PayPal division—one of his tasks involved designing the original PayPal logo before starting YouTube with fellow PayPal colleagues Steve Chen and Jawed Karim. Hurley is a user interface expert and was primarily responsible for the tagging and video sharing aspects of YouTube
Andrew Christopher Gower is a British games developer and co-founder of Jagex Ltd
Age: 28 years old
Wealth: $650 million
Andrew Christopher Gower (born 2 December 1978) is a British games developer and co-founder of Jagex Ltd, the company he founded with Paul Gower and Constant Tedder. He is noted for writing MMORPG RuneScape, with the assistance of his brother, Paul Gower and also a lead developer.
Jagex Games Studio (or Jagex Ltd./Jagex Software/JAGeX) is a producer of online computer games based in Cambridge, UK. It is best known for the three versions of its RuneScape MMO, as well as for having produced the FunOrb games site and developing the ‘to be released’ MechScape MMO. Jagex has over 350 employees, with all content development, management, and customer support provided ‘in house’. The company produces games exclusively written using the Java language, its name standing for "JAva Gaming EXperts". It has received a number of awards for its achievements and is one of the highest profile developers in the UK
Mark Elliot Zuckerberg Facebook Founder
Age: 23 years old
Wealth: $700 million
Mark Elliot Zuckerberg (born May 14, 1984) is an American computer programmer and entrepreneur. As a Harvard student, he created the online social website Facebook with fellow computer science major students and his roommates Dustin Moskovitz and Chris Hughes. Facebook is a social networking site popular worldwide. Zuckerberg serves as Facebook’s CEO. He has been the subject of controversy for the origins of his business and his wealth.
Time Magazine added Zuckerberg as one of The World’s Most Influential People of 2008. He fell under the Scientists & Thinkers category for his web phenomenon, Facebook, and ranked 52 out of 101 people.