Meet the teenager who made $1 million by the time he turned 14
Published on Jun 26, 2023 at 6:03 PM (UTC+4)
by Kate Bain
Last updated on Jul 04, 2023 at 9:49 AM (UTC+4)
Edited by
Kate Bain
This is Christon Jones, AKA Truth Jones, and he’s a self-made teenage millionaire.
Jones started trading stocks at the age of 11 and made $1 million by the time he turned 14.
Now aged 16, he’s making $150,000 a month.
His success wasn’t a stroke of luck either, Jones set himself up for success right from the start.
This article was done in collaboration with Vantage Markets, an award-winning platform built to help you trade like a professional.
READ MORE! This guy was able to buy five supercars before he graduated college by trading stocks
“I wrote a book when I was eight years old… and I made $5,000 in less than 90 days,” he told supercarblondie.com.
Jones then used that money to start day trading, turning $5,000 into $1 million in just a few years.
Day trading is where you buy and sell shares online over the period of a single day and profit from small price fluctuations.
“At first I just practiced, I wasn’t using real money, I was just paper trading and testing the waters,” he said.
Then when he jumped in the deep end, he made his first million by trading tech stocks like Microsoft and Apple.
Jones was a full-time student when he started this ‘hobby’, but he wasn’t skipping class.
“When I first started trading I was living in Germany, so thanks to the time difference I was able to trade after school,” he said.
Like any trader, Jones has had some losses along the way.
He said his biggest so far was $50,000.
Despite being a teenager, Jones has remained pretty smart with his money (while also having some fun).
“I did reinvest the majority of the money, but I did spend a little bit for a Rolex,” he said.
He also bought himself two cars, a Toyota Camry as his daily drive and a luxury Mercedes AMG GLE 53 Coupe.
Jones says he plans to make $30 million by the time he turns 18.
Despite his incredible success, the Atlanta teen plans to take a totally different career path.
“For me, my end goal is to play in the NFL,” he said.
If his talents on the field are anything like his ability to trade, he’s got a good chance too.
Want to do the same?
Vantage Markets’ online CFD trading platform is designed to teach you how to trade.
And it will guide you step-by-step, even if you’re a total beginner.
Head to Vantage Markets to find out more.
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Kate Bain is the Page Editor at supercarblondie.com. She is based in Dubai and coordinates coverage of the latest news across automotive, technology, and lifestyle. Kate has a bachelor's degree in business and post graduate in journalism. She is an experienced editor and journalist who has worked for News Corp, Daily Mail Australia, and Sky News. When she's not at work, you'll find her attached at the hip to her dog, Thor.