Tags: wealth | entrepreneur | income

11 Strange Ways People Have Made $1 Million

The Impossible Burger
The Impossible Burger (Nati Harnik/AP)

By    |   Monday, 08 July 2019 12:08 PM

Everyone dreams about making a lot of money. That's why there are so many books, podcasts, and Ted Talks out there trying to help you on your way to that elusive million-dollar score. While investments are the most realistic way to go in accumulating wealth, other people prefer an innovative route. And sometimes they succeed. Reader's Digest recently took a look at some of the strangest ways people have made $1 million. Here are 11 of them:

  1. A fake "bleeding" burger. Tofu is not going to convince meat eaters to ditch their steak in favor of a plant-based diet — but a fake "bleeding" burger may. Or so Pat Brown thought. In an effort to save the environment, the vegan, chemist, and environmental activist decided to get more people to follow a meat-free diet by creating the Impossible Burger, which has been adopted by Burger King. The meatless burger is meant to smell, look, and taste like the real deal. It even "bleeds" like a juicy patty.
  2. The world-famous kid toy reviewer. He is just 7 years old but the boy behind YouTube channel Ryan ToysReview made $22 million by reviewing kids toys. The YouTuber, whose identity has been withheld for privacy reasons, started out when he was 4 and slowly built his channel up to 20 million subscribers.
  3. Really weird art. British contemporary artist Damien Hirst takes thinking outside the box to a whole new level and has earned millions in the process. His 2004 masterpiece, a tiger shark preserved in formaldehyde, fetched $8 million. In 2007 his piece "For the love of God," which was a diamond-and-platinum encrusted skull, sold for roughly $100 million.
  4. The ultimate mop. In 1992 Joy Magano made her own self-wringing mop. The invention turned out to be a massive hit, turning the single mom of three into a self-made millionaire. She has sold more than $3 billion in products through her "Huggable Hangers" and "Forever Fragrant" lines.
  5. A catchy jingle. A drunk, stuttering friend was all the inspiration Joseph Pedott needed to create the jingle "Ch-ch-ch-chia!" that sold the Chia Pet in the 1980s and earned him his million. Today, more than 500,000 chia pets are sold each year.
  6. Online lesson plans. Gone are the days that you had to go to class to learn. Teachers are now making their lessons plans available to the public online — and earning millions. At least a dozen entrepreneurial teachers on TeachersPayTeachers have become millionaires selling their plans.
  7. Learning to meditate. We are all looking for some peace amid the daily grind, but who actually has time to still hop in their car and drive to a meditation class? Now you don't have to thanks to free apps like Headspace, which help people find their inner stillness while bringing millions of dollars into the bank accounts of the people responsible for the app.
  8. The treasure hunters. It took 16 years, but treasure hunter Mel Fisher finally found his million in the depths of the Spanish ship Nuestra Senora de Atocha. The silver bars, gold, jewels, and chests of silver coins he discovered were worth $450 million dollars, three-quarters of which Fisher received after a court battle with the state of Florida.
  9. A squishy kids' toy. The year was 1986 and children were getting bored with kicking their soccer balls around. So engineer Scott Stillinger came up with a solution — the Koosh ball. The squishy, stringy brightly colored ball made him a millionaire in a few short years.
  10. Professional gaming. A few years ago video games were nothing more than a fun recreational activity, but today people are turning pro and earning millions by competing in the multiplayer video game competitions that form part of ESports.
  11. Selling second-hand clothes online. Instead of chucking her old clothes away, Suzanne Canon decided to sell hers online via the app Poshmark. The mother of two wound up as the first million-dollar maker on the app.

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Everyone dreams about making a lot of money, but the way in which people get there can vary greatly.
wealth, entrepreneur, income
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2019-08-08
Monday, 08 July 2019 12:08 PM
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