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Young App Developers Who Became Millionaires. There are two types of youth. The first are those who spend the prime years of their life scuttling between entry- to mid- level jobs. They have average Joes for role models, follow a beaten path, and rarely dream big. Perhaps, one day, they make it big and make millions. Or perhaps not. And then there is the other type. The kind that have the spark to succeed at an early age.

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The type that are able to capitalize upon a single, brilliant idea and work hard to turn it into a flourishing business. Quite a lot of them end up making their first million even before they hit the legal drinking age. Awe- inspiring. The mobile app development industry has quite a few of these young, dashing, risk- taking entrepreneurs, among whom are four exceptional developers who stand out from the crowd - 1. Nick A’loisio. 2.

Brian Wong. 3. Robert Nay. Chad Mureta. But who are they, and how did they make their millions? Read on to find out more! Nick D’Aloisio. Born in November 1. Nick is an English computer programmer and internet entrepreneur. He is known for his app Summly, which is a summarization and artificial intelligence technology developed with SRI International.

In March 2. 01. 1, Nick created an i. OS application called Trimmit, which used an analytical tool to condense the text content into 1. Edit Mat Files Without Matlab on this page. This application caught the attention of Apple, who then featured it as a new noteworthy application on the App store.

The huge potential of Trimmit then attracted the attention of a billionaire who provided Nick with $3. Using the feedback that Nick had got from Trimmit, he completely revamped the application and in December 2. Summly. One of the youngest self- made millionaires ever, Nick is also the world’s youngest venture capital- backed entrepreneur. In 2. 01. 1, he initially raised $2.

Hong Kong billionaire Sir Li Ka- shing’s Horizon Ventures for his app. Later in 2. 01. 2, he went on to raise a good $1. A- list celebrity investors like Rupert Murdoch, Ashton Kutcher, and Stephen Fry. As of March 2. 01.

Yahoo! For $3. 0 million. He was also awarded the “Innovator of the Year” title by Wall Street Journal. Until October 2. 01. Nick led the Yahoo! News Digest operation which launched at CES 2. It went on to win the 2.

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Apple Design Award at WWDC for its technological and product excellence. He then quit his job to concentrate more on his education at Hertford College, Oxford University, where he is studying computer science and philosophy. Brian Wong. Born in 1. Brian is a Canadian internet entrepreneur.

In 2. 01. 0, Brian along with his colleagues Courtney Guertin and Amadeus Demarzi, founded Kiip. Kiip is a mobile app rewards platform that lets companies and brands give real- world rewards for in- game achievements. Kiip is active on more than 1,1. It sends 5. 00 million moments of achievement- based reward notices to customers on a monthly basis through its network. By mid- 2. 01. 2, Kiip had raised more than $1. Hummer Winbald, Relay Ventures, Verizon Ventures, True Ventures, Cross.

Link Capital, and many others. The app company has now built strategic partnerships with more than 4.

Flowers, American Apparel, Amazon. Carl’s Jr., Best Buy, Disney, Pepsi, Victoria’s Secret, Playboy, and Vitamin Waters. Kiip is now expanding beyond the games platform and into the fitness apps like Nexercise, Map. My. Run, Gym- Pact, Lolo.

Fit, and many others. Kiip had announced a partnership with Run. Keeper in August 2. Brian as the second youngest company leader to receive a funding from a venture capital firm, the first spot taken by Nick D’Aloisio. He has spoken at various popular conferences like TEDx, and SXSW. Robert Nay. Robert Nay was only 1. Bubble Ball. Released in December 2.

Bubble Ball is a 7. Apple i. Tunes. The puzzles range from simple to extremely challenging. Each level gives you a range of pieces and tools that are given to complete the level.

In addition to these tools, ramps and planks can also be created with a set of geometric pieces, catapults, accelerators, and gravity inverters, to get the ball through the finish line. In 2. 01. 1, Bubble Ball was chosen as the app of the week by Ansca Mobile. It still stands as #3 on “Ansca Mobile’s Hall of Fame”. Three years after the app’s release, the game has been downloaded over 1.

The current versions of the application can be downloaded from both the Apple store and Google Play for free. Robert continues to develop games under his own brand name, Nay Games. Chad Mureta. Then a real estate agent, Chad Mureta was returning from a basketball game when an accident got him hospitalized and led him to coming up with the idea of the Fingerprint Security Pro app. Chad noticed the doctors at the hospital looking through his phone and thought about security. During his spare time at the hospital, he began downloading apps, understanding what was making people download them and why they were successful.

He then sketched his idea on a piece of paper and sent it to a developer. With no background in technology or development, his only strengths lay in the business and creative side of things. Thus, he played to his strengths. The first month brought in $1. Two months after launching his own company, one of his apps averaged on a $3. The income of the company later reached $1. In the next two years, he created and sold three app companies, which rank in millions.

Chad credits all of his success to having a game plan. In an interview with WHO? He says, “8. 0% of business is the psychology of the business owner and 2. If you have the psychology, you can get the skillset.”Here is a slideshow that highlights their achievements. New ideas for innovation are always welcome. The mobile app economy was worth $5.

It is said that 2. Here is an infographic to show you all the developments of this market. Take a certification and build your skills.

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