Feeds

16-year-old makes £1m selling ads

Little swine Join us in congratulating him

The essential guide to IT transformation

A 16-year-old kid from Northants has made his first million selling discount software and embedding ads in mobile applications, and aims to be making a hundred times that.

While most of us were experimenting with recreational drugs* and getting shot down in flames by the opposite sex, Christian Owens was negotiating limited-time discounts on Mac software, enabling him to sell bundles at hugely-discounted prices and bringing in £700,000 over the last two years. The South West News Service brought us the story with pictures.

The software business was Mac Box Bundle, but since then Owens has been running Branchr, a company that places adverts within mobile websites and applications. In the first year of operation Branchr has, reportedly, sold £500,000 worth of advertising, which brings the total brought in by Master Owens to well over a million quid.

Not that much of the money will still be around - the companies employ eight adults in the UK, as well as sales and technical staff in the USA. Branchr will be passing on most of the incoming revenue to those hosting the applications, while Mac Box Bundle still had to pay for the applications even at a heavily-discounted price. So while £1.2m might have passed through the businesses, there aren't any millionaires yet.

Nor is Owens resting on his laurels, simply enjoying the milestone and promising to that he'll be working on Branchr until it's worth at least £100m, which should create a millionaire or two.

But creating a turnover of more than a million is still impressive, for a 16-year-old, and we're duly impressed. No doubt Master Owens will have plenty of time for recreational drugs and the opposite sex when he's worth a hundred million, by which point both will probably be easier to obtain. ®

* We refer only to alcohol, of course.

Next gen security for virtualised datacentres

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?