Image via YouTube Graham Stephan
Influential realtor and finance YouTuber Graham Stephan has made a name for himself in the real estate industry. When he was 26, he became a millionaire and within four years, his net worth has skyrocketed to around $6 million. Behind every success, there’s a story, and Stephan’s is far from boring. Here are seven interesting facts about the realtor and finance YouTuber Graham Stephan!
Stephan Didn’t Do Very Well in School
When he was thirteen, Graham Stephan got a job as a photographer for a marine aquarium company that sold coral and fish. Earning money excited him and he began to view his schoolwork as unnecessary. Instead of doing homework, Stephan would spend hours editing his photos and increasing his savings. He even admitted to ditching class in order to work instead!
His Childhood Dream Was to Become a Famous Musician
In fact, he was a part of a rock band and still receives extremely small royalties for the band’s music being used in indie films. However, he eventually realized the life of a musician was not for him.
Graham Stephan Never Went to College
After deciding not to continue making music, Stephan believed he should pursue investment banking instead. He applied to Pepperdine University, but was rejected. He ended up trying out a data entry career at an investment corporation instead, but hated it.
Stephan Was Initially Discouraged From Entering the Real Estate Industry
In order to gain insight about selling real estate, he stopped by open house events and talked to the professionals. They tried to talk him out of becoming a realtor, saying that it was unpredictable, especially in the 2008 housing crisis. However, he made a connection with a mentor who inspired him to continue and even offered to split profits. Stephan’s perseverance resulted in him obtaining a license to sell real estate at only eighteen.
Stephan’s Net Worth Increased Substantially in a Short Period of Time
Houses in Los Angeles are not cheap. Stephan’s sold over $120 million dollars worth of real estate and he receives a hefty commission with each sale. As a youngster, Stephan had only $5,000 to his name. Within mere years, it increased to $500,000. His net worth continues to grow as his skill set diversifies into different industries, such as YouTube content creation and investment in rental properties.
Graham Stephan Has Two YouTube Channels
Although Stephan’s sold some of the most lavish houses in the Los Angeles area, his YouTube earnings have provided him with even more wealth in a short period of time. After earning $260,000 his second year as a creator, Stephan decided to create a second channel called The Graham Stephan Show, where he discusses a variety of topics, from investing strategies to financial literacy advice.
Stephan Is Quite the Saver
Despite being wealthy, Stephan tries to keep his spending to a minimum. He prides himself on his frugal lifestyle, choosing to invest his earnings into more rental property. He refuses to wear designer clothing, opting for more cost-effective alternatives like H&M and Aldo. However, Stephan’s got a soft spot for cars and purchased a Tesla with his side income from his YouTube account.
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