Caspar Lee went viral on YouTube within the 2010s, resulting in some mind-boggling million-dollar paydays.
“I began making YouTube movies once I was 16. It wasn’t actually a enterprise avenue. I simply thought, it is a cool factor and I wish to attempt to construct it up as massive as I can,” Lee, 31, advised The Instances of London in a Friday, July 4, profile. “Once I was 18, I requested my mother and father if I may take a yr off earlier than going to college and do YouTube full time. At that time I had two or three thousand kilos in my checking account.”
As Lee began making extra movies, his earnings slowly grew, too.
“I used to be lucky to be a part of [a] group of YouTubers in the precise place on the proper time, and the viewers and figures grew,” Lee recalled. “I managed to interview Ed Sheeran, Kevin Hart [and] Dwayne Johnson. I turned my YouTube channel into a chat present. I feel practically 10 million individuals noticed the Ed Sheeran video — that was when issues actually took off. By the point I used to be 21, I’d made my first million.”
He added, “It felt good to get to that time and have a monetary cushion for me and my household, however making much more cash doesn’t incrementally make you extra comfortable. Though I made an excessive amount of cash rapidly, I didn’t understand how lengthy it will final.”
For Lee, who didn’t develop up overtly rich, he tried to save lots of “as a lot as doable.”
“It’s sort of how somebody feels after they win the lottery,” he stated. “I don’t actually get a buzz from spending. If I spend cash on one thing that I feel can earn more money sooner or later, then I get a buzz, however I don’t like shopping for one thing that I do know is simply going to lose its worth the second I stroll out the room.”
Lee has since transitioned his profession offline, launching a number of companies and a enterprise capital fund, additionally price hundreds of thousands.
“I can’t actually see a time once I’ll cease working. You by no means know what’s going to occur with international politics or economics, so I hope to have a various portfolio of investments that may preserve me going,” he added. “My enterprise fund has been unimaginable. I’ve invested lots of my private cash into that.”
All in all, Lee desires to have the ability to construct “a nest to take care of [his] household.”
“I don’t have youngsters but, however I wish to ensure my future household will likely be properly sorted,” Lee, who married mannequin Ambar Driscoll in February, added. “As soon as you’re feeling safe financially, any further cash doesn’t essentially make you happier. Some individuals spend their life making an attempt to simply chase cash for the fallacious purpose, however I actually take pleasure in constructing issues. It’s the method, not the cash, that makes me comfortable.”