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Britain's Youngest Millionaire Made A Mint In School Lunch Breaks

Britain's Youngest Millionaire Made A Mint In School Lunch Breaks

Meet Akshay Ruparelia, the teenage millionaire who began making his money selling houses on his lunch break - impressive, huh?

The property tycoon, dubbed 'Alan Sugar' by supportive pals, reckons he is Britain's youngest business millionaire after his company was valued at a measly £12 million - and growing.

Akshay refused pocket money from his parents, who are both deaf and have received care from the teen and his older sister.

Credit: Doorsteps
Credit: Doorsteps
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He says that part of his motivation was family believing in his steps towards 'making the impossible possible'.

Now, his firm www.doorsteps.co.uk has sold £100 million worth of homes - some during the usual lunchtime kick around.

The 19-year-old from Harrow, north east London, even hired a call centre service to answer the phones when he was in lessons and would quietly negotiate huge property deals in between.

And just when we thought choosing whether to go to Maccies or Burger King was a tricky task...

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The young LAD is trying to do something different from his competitors and is charging just £99 commission to sell a house, with traditional estate agents charging two to three percent of the sale price.

If this means nothing to you - he's doing a good deal.

Doorsteps
Doorsteps

Akshay recalls one of his first sales, a plot of land and five-bedroom property, with swimming pool (obviously), for £670,000 and he got an email in the playground which read 'legend, an absolute star'.

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Instead of going out and celebrating like most of us, Akshay had to revise for upcoming exams because, let's not forget, he is a teenager.

He finished college with five A-levels but has held his place at Oxford because uni won't 'disappear'.

Akshay told LADbible: "Throughout secondary school I was always looking for a challenge. I sold sweets, I sold perfume, I looked at portable chargers.

"That was just because you have school and you always want to do something outside of curriculum that you can enjoy. Ways to benefit yourself.

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Credit: Doorsteps
Credit: Doorsteps

"I rejected pocket money and that kind of thing from my parents, I thought I'm going to see what I can do for myself.

"The hardest thing was getting people to believe that we were making the impossible possible."

This hasn't been an easy road for Akshay and he has had obstacles in the first year of business.

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"Initially people wouldn't believe £99, they just wouldn't believe it," he added.

"For the first few months of the business we didn't have properties and every day I would get in a suit at 8am and go knocking on doors telling people they could believe us, we can do this. That was when I was running the business alone.

"That coupled with the fact that I was still 17 or 18, people were a bit shocked at my age. Now we have reached this stage people are like 'wow, it is doable'.

"One thing is that it's never going to be overnight. There are things I failed at. I looked at a lot of things in secondary school. Working hard and taking failure as an experience you can learn from.

"It will take stupid amounts of hard work to get anywhere, there's still a lot more hard work for me."

Speaking admiringly of his parents, Akshay said: "No matter how hard I think I've had it or how hard I'm working, given their background my dad moved from Kenya and was essentially kicked out of the country and had to start life again from 11 years old to work up to the position now - that's hard work.

"It puts things into perspective for me, our generation does take things for granted sometimes.

"They just had faith in me, when I said I wanted to push uni back they were supportive.

"I've held back on my place at Oxford to focus on the company and work seven days a week.

"If I waited two or three years, that would be two or three years too late. University won't disappear but essentially this could."

Although his company is now worth millions, Akshay is modest with his money and still lives with his parents after they rented for six years to save up.

He said: "My family background is not business at all, my mum is a teaching assistant at a special needs school and my dad works for Royal Mail. We're not flashy people, keeping your feet on the ground is one thing, regardless of where I might be.

"Although the company is worth more than £12 million, that's on paper - it's not myself. I see the company as my creation, that lets me detach from it and reinvest what money is made. I'm reinvesting for future growth.

"What is £5, £10, £12 million now or £5, £10, £12 pounds now it could be worth a lot more in the future."

We'll keep that in mind, Akshay - LAD.

Featured Image Credit: Akshay Ruparelia