A school going entrepreneur in Britain has turned a millionaire at the age of just 16.
Computer whizz Christian Owens set up his first firm with his pocket money at 14 and another a year later. The Start-up venture Mac Box Bundle, which sells cut-price packages of Apple Mac computer applications, has earned 700,000 pounds since 2008.
Christian, who has used computers since he was seven, then launched advertising website Branchr in 2009, working after school and on weekends. It made 500,000 pound in its first year and counts bookies William Hill and social networking site MySpace as clients.
Christian, of Corby, Northants, employs eight adult workers around the UK and America as sales and technical assistants.
Christian said he is inspired by Apple supremo Steve Jobs and plans to turn Branchr into a 100million pound business.
"I really wanted to create something simple that would revolutionise the way advertising works. I don''t know where I will be in ten years but I won''t leave Branchr until it has reached 100 million pound," the Sun quoted him as saying.
"There is no magical formula to business - it takes hard work, determination and drive," he added.