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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
Project: Tagged
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.

 


9 Jake Nickell
Threadless Co-founders Jake Nickell
Age: 28 years old
Project: Threadless
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.


8 Alexander Levin
ImageShack Co.founder Alexander Levin
Age: 23 years old
Project: ImageShack
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.



7 John

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