How’d Graham Stephan become a millionaire by age 26? What’s he worth today? Read on for Graham’s inspiring story and watch him scare the bejesus outta his dad—going from 0 to 60 in 2.6 seconds in his murdered-out Tesla Model X (video below).
Cool. So the first thing you need to know about Graham Stephan is that he wasn’t born with a silver spoon in his mouth. Both of his parents lived check-to-check. Nobody in his family had any connections. So Graham’s as self-made as it gets.
In high school, he got a random job photographing exotic fish and ended up making really good money: nearly $30 an hour. Which made sitting in geometry class seem kinda pointless. All Graham wanted to do was work and make money. As a result, he started skipping classes so he could sneak in more hours at his job, causing his grades to slip.
Then, at age 16, his boss sold the business, leaving Graham jobless. He joined a band and was hell-bent on becoming a famous drummer. “Not to toot my own horn or anything, but the band was pretty good,” he said.
Eventually, however, reality set in. Music is hella competitive. And Graham didn’t wanna be a penniless dreamer living in a van down by the river.
So he quit the band and decided to prepare for college. Just one problem: he only applied to one—Pepperdine—and got denied because of his piss-poor grades and pathetic SAT score.
Hmm. What Now? After graduating high school, Graham took a job doing data entry. He would only last six weeks before quitting.
Next up? Real estate. At just 18 years old, Graham became a real estate agent and started selling houses. He would save nearly all the money he made, which is almost unheard of for someone so young.
Graham’s parents filing for bankruptcy a few years prior is what drove him to be so frugal. He’d get a check for $50,000 and think, “That’s a lot of $5 footlongs.” Basically, he stretched the sh*t outta every dollar he earned.
In 2011, with about $200,000 in savings, Graham started investing in rental properties. This gave him more consistent months. In 2013, he began putting any extra money he had into a Roth IRA, 401(k), and S&P 500 Index Fund. Of course, all of the above has continued to climb in value over the years.
To date, Graham has sold well over $100 million dollars worth of residential real estate throughout the LA area. That’s roughly $3 million in commissions, by the way.
Truth be told, at this point, Graham’s online revenue has far exceeded what he makes selling houses. (Fun fact: YouTube, alone, makes him roughly $350,000 per month!)
But what’s the takeaway here? It’s: living below your means. Building a bankroll. Making smart investments. Being patient. Playing the long game. Then repeating that over and over and over. Yep. Graham’s the poster child for “get rich slow.”
All told, Graham Stephan says his personal net worth currently sits at about $6.5 million dollars. That number will grow exponentially over time, especially with him constantly doubling down on investing.
Which is why he can now enjoy some of the finer things in life, guilt-free, like his freakishly-fast Tesla Model X he took “pops” for a joyride in recently. Here, check it out.
Awesome stuff. Congrats to Graham and thanks for showin’ us how it’s done.