Millionaire Entrepreneurs Under The Age Of 30

1.Alex Loven — £55 million

Name: Alex Loven

 

Age: 30

 

Net worth: £55 million

 

Company: Net World Sports

 

Industry: Retail

 

Loven set up Net World Sports in 2009 after buying a cricket bat on eBay, then writing to the supplier to find out what the wholesale price was. His business made profits of £5 million on nearly £20 million of sales in 2016-17. Loven owns 99% of the company, which sells over 100,000 football goals a year.

2.Joshua Stevens — £30 million

Name: Joshua Stevens

 

Age: 29

 

Net worth: £30 million

 

Company: One Retail Group

 

Industry: Retail

 

One Retail Group owns six consumer brands including Pro Breeze household appliances and outdoor equipment label Active Era. Profits doubled to £3.3 million last year on sales of nearly £14 million. Stevens fully owns the Hampstead-based business.

3.Nick D’Aloisio— £20 million

Name: Nick D'Aloisio.

 

Age: 22

 

Net worth: £20 million

 

Company: Summly

 

Industry: Internet

 

D'Aloisio sold his news app Summly to Yahoo for $30 million when he was just 17 years old. He is currently reading philosophy and computer studies at the University of Oxford and was an investor in DeepMind. He is also fundraising for a new project called Sphere Knowledge, which helps users find and chat to experts on a wide range of topics.

4.Hemant Lochav — £16.8 million

Name:  Hemant Lochav

 

Age: 20

 

Net worth: £16.8 million

 

Company: NevertonY.com

 

Industry: Property

Hemant Lochav is a young internet entrepreneur on this list. He set up India's first and cheapest online estate agent NevertonY.com, selling properties for INR 9k. NevertonY.com valued over £17 million.

 

5.Akshay Ruparelia — £16 million

Name: Akshay Ruparelia

 

Age: 19

 

Net worth: £16 million

 

Company: Doorsteps

 

Industry: Property

 

Ruparelia is the youngest person on the list. He set up Harrow-based online estate agent Doorsteps 18 months ago, selling properties for as little as £99, using a £7,000 loan from members of his family. The operation now employs more than 25 people and has about 2,000 properties on its books. Ruparelia owns 97% of the business, making him worth £16 million.