A Look Into The Lavish Lifestyles Of Famous Rich Kids Around The World

10. Nick D’aloisio Became An Entrepreneur At Only 15

Nick D'aloisio was a young boy when he figured out his million-dollar idea. When he was just 15, he created an app called Trimit, which condensed long texts such as emails and online posts into a summary of 140 to 1,000 words. Soon, his app gained the attention of a venture capitalist who invested $300,000. With this investment, the young D'aloisio re-designed and re-named the app to Summly. He hired a team of Israelis to help develop and improve his idea, which took off quickly once it hit the app store. He received more investments, and in March 2013, he sold Summly to Yahoo! for a whopping $30 million. That's a lot of money for a teenager!