Y-Axis Immigration Services

Sign up for free

expert consultation

Down Arrow

I accept the Terms & Conditions

Icon
Don' know what to do?

Get Free Counseling

Posted on October 20 2017

Indian-origin youth at 19 is the youngest millionaire in the UK

profile-image
By  Editor
Updated May 10 2023
Akshay Ruparelia

A 19-year Indian-origin youth Akshay Ruparelia has become the youngest millionaire in the UK. He has made a fortune by selling residential properties via digital real estate agency during lunch breaks at his school.

Akshay Ruparelia’s fellow classmates would have spent their leisure hours at the playground participating in sports. Meanwhile, the A 19 years Indian-origin youth was silently closing huge property deals through his mobile. He availed services of the call center to attend his clients on the switchboard of his firm when he was in class. Akshay then called back his clients after school hours.

Investors started buying shares in the firm owned by the Indian-origin youth within few months. Doorsteps.co.uk is now valued at 12 million pounds in just little over a year. Akshay has already sold homes worth 100 million pounds.

The teenager with Indian origin says that he aims to put out of business conventional high street estate agents. The reason – these agents cost the clients thousands of pounds as a commission for selling a house while he is doing it for just 99 pounds.

Akshay’s concept is increasingly becoming popular. Last week his firm became the 18th biggest real estate agency in the UK just 16 months after the website going live.

Akshay Ruparelia borrowed 7,000 pounds as a loan from his relatives to start his firm. He now employs 12 people and will be doubling the strength of his staff. To get their hands of the firm’s shares investors have already handed him over 500, 000 pounds, as quoted by the Times of India.

The teenager is raising 5 million pounds by issuing shares. He is also expanding by recruiting a network of mums in the UK who are self-employed. These will be showing the properties to the clients that have to be sold.

If you are looking to Study, Work, Visit, Invest or Migrate to the UK, contact Y-Axis, the world’s most trusted Immigration & Visa Consultant.

Tags:

PIO teenager

UK

Youngest millionaire

Share

Options for you by Y-Axis

phone 1

Get it on your Mobile

mail

Get News Alerts

contact 1

Contact Y-Axis

Latest Article

Related Post

Trending Article

Italy Student Visa Rules

Posted On December 11 2024

Italy announces new student visa rules from 2025