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Kevin O’Leary Reacts: Living On $1.6 Million A Year In Los Angeles | Millennial Money

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“Shark Tank” investor Kevin O’Leary takes a look at how real estate investor and CSvid star Graham Stephan handles his money. The 30-year-old earned more than $1.6 million last year and saved about 99% of it.
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Kevin O’Leary Reacts: Living On $1.6 Million A Year In Los Angeles | Millennial Money

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21. 05. 2020

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Komentáře 80
CNBC Make It.
CNBC Make It. Před 5 dny
Will Kevin smash the like button on Graham’s finances? Let us know what you think below.
Tamara Kosheleva
Tamara Kosheleva Před 15 hodinami
❤️ 💛 💚 18+ 67690.putanydom.ru ❤️ 💛 💚 18+ 67690.putanydom.ru ❤️ 💛 💚 18+ 67690.putanydom.ru
tj Matus
tj Matus Před 17 hodinami
Totally read that wrong hahahah!
superduperboyx
superduperboyx Před 18 hodinami
I think Kevin will just press the Like button, not smash it, because he gave him a 8.2345 lol.
John Brown
John Brown Před dnem
Kevin should start a business that helps people take ideas and make them into patented inventions.
InquiringMind
InquiringMind Před 2 dny
Don't forget to DESTROY that like button!!!!
Jesse !
Jesse ! Před 12 hodinami
I agree with Kevin and the whole buying fast fashion idkw Graham buys it it’s bad for the environment and doesn’t last as long rather he should invest in higher quality but he’s pretty cheap like that lol
Shivangi T
Shivangi T Před 12 hodinami
Okay but there are literally so many youtubers who have 1million+ subs with just as many views and most of them don't make 80k a month?
Jake C
Jake C Před 12 hodinami
Dang @Graham should have included your stock portfolio and you might had gotten a higher score 🤷🏽‍♂️ Good job regardless To comment you question about excess money how can you say I have no idea what I would do with all the money if I became a billionaire? How about giving back? We need more millenniums who also aspire to become philanthropists Don’t forget what goes around comes around Living in a bubble is an illusion. The current times should be a testament to that
chair
chair Před 12 hodinami
2 x $3 coffees a day, 5 days per week, 52 weeks a year would be $1,560 (and I don't know many young people who'd buy 2 a day commonly, in fact I'd say most buy it 3 or 4 times a week). Less than 0.1% of his $1.6m total income. People don't become millionaires in their 20s by not buying coffee or avocado toast or whatever bs the latest finance 'influencer' is selling people. Stuff like this is just designed to both (a) Cover for the fact that people like this almost always got a large volume of capital from their parents to invest with at an early age, by creating this mythical culture that they just made sacrifices no one else makes(there's plenty of poor people not drinking coffee and working 50-60 hours a week to get by) and (b)to make more money selling dreams of this 'grind and invest' culture to naive young people. Most of us aren't the 20-something landlord who can invest in a rental property and make enough to cover our own cost of living from it without having to produce anything of value. Most of us are the ones getting stiffed by high rents in our youth from landlords
A Saha
A Saha Před 12 hodinami
At 26, only in my dreams. Good Luck on hitting $10 million bro.
Abdirahman Isse
Abdirahman Isse Před 13 hodinami
He is a smart dude but he is cheap 😂
sixtyFive Watts
sixtyFive Watts Před 13 hodinami
Doesn't he sell courses ?
Noah G
Noah G Před 13 hodinami
100k a month from yt is solid af
Noname
Noname Před 13 hodinami
kevin, what would you rate yourself on a scale from 1 to 10 in terms of how good of a saver you are? because you are definitely not a 10/10
Shorab Hossain
Shorab Hossain Před 13 hodinami
Billionaire reviewing millionaire 🤣 Great video.
Eva Ng
Eva Ng Před 14 hodinami
LOL I love how you guys flipped it back. HAHA
Dr. House
Dr. House Před 14 hodinami
So the key to success is to be cheap
Victor Popov
Victor Popov Před 14 hodinami
Here is how you become a millionaire. Buy an entire store of starbucks. So that you can keep people from becoming millionaires by buying coffee at your shop and you can becone one because you get free coffee.
aaric1703
aaric1703 Před 14 hodinami
If Mr Stephan, said 10% of 1.6 million dollars that would be believable. There is NO place in America, you live on $16k, per year. Therefore, his statement has a distinct aroma bullsh*t.
Mustardeer M
Mustardeer M Před 14 hodinami
That money ain't good in the coffin when your time is up. There's frugal and there's cheap. I think he's just cheap.
Winston S.
Winston S. Před 15 hodinami
"Always good to have a partner who shares your economic values." Yeah. I agree. It's not hard to find a girlfriend who also wants to be rich.
Paul Torrisi
Paul Torrisi Před 15 hodinami
2.27 he doesn't waste a single cent. The beauty of being well off, is that you should be able to waste a single cent. It enables you to indulge your passions and hobbies where people less well off can't. If you're making a ton of money WHY are you not wasting some that's the point.
Vwap Trader2019
Vwap Trader2019 Před 15 hodinami
Graham Stephan 8.234. Seems like there have been a lot of failed models before the current Graham Stephan 8.234 We know and love came to be.
Candis
Candis Před 15 hodinami
INVEST IN A COLANDER!!! I cannot believe these two while making pasta! I'm all about building personal wealth, but when it leaves your current life lacking, then what's the point? Your entire life shouldn't be frugal for the sake of saying you saved a dollar. To me a splurge would be on a really nice vacation. Something memorable and can be shared with someone special. I do not see any value in fast food @ a McDonald's drive thru eating from the Dollar Menu. Oh and in most locations the Dollar Menu doesn't even exist any more! Everything on that menu is over a dollar. Even a small fry. It's really sad.
Joe Kyser
Joe Kyser Před 15 hodinami
yeah ok mr boat crash not a fan of owning anything transportation. Boats are the biggest waste of money
MRios1128
MRios1128 Před 15 hodinami
Graham hasn't gotten so famous now, it's nuts
Apache-Yaqui Brown
Apache-Yaqui Brown Před 15 hodinami
I admire Graham, but I do know someone their diet than him. Yeah he is a millionaire, drove his Geo Metro for 15 years. He would take extra T.P. from.public bathrooms, carry an empty container to fill with soap, and never ordered a drink in a restaurant, just a large glass of water with a side of lemon wedges to make his own lemonade. Good luck Graham
Learn How To Edit Stuff
Learn How To Edit Stuff Před 16 hodinami
Yikes... If y'all need someone who knows how to pull a proper chroma key, hit me up.
moronmonkey1
moronmonkey1 Před 16 hodinami
Cars may not be necessary in places like LA or New York but they are kinda necessary in most places
Reegan Kistler
Reegan Kistler Před 16 hodinami
56 seconds in and I can tell this is gonna be pretty awesome lmao
Reegan Kistler
Reegan Kistler Před 16 hodinami
Yeah this was awesome pls make more videos like this
Damn Im RichAF
Damn Im RichAF Před 16 hodinami
1.6 million is truly not alot of money.. I got my inheritance and blew 830k in almost 4.5 months.. Never been so ashamed of myself🤣🤣🤣
Man Ramirez
Man Ramirez Před 16 hodinami
KEVIN O LEARY APPROVES😭
Daniel Graham
Daniel Graham Před 17 hodinami
Are we talking about coffee 🤦🏾‍♂️
Niko Baez
Niko Baez Před 17 hodinami
Kevin was lowkey flexing about his money lmao
ebulating
ebulating Před 17 hodinami
Real estate agents are pure parasites
Ron Collins
Ron Collins Před 17 hodinami
they are making money on us watching a video about them making money off us watching
Gary Eckel
Gary Eckel Před 17 hodinami
The downside to money?, It makes people crazy" have fun boys!
Zayden Alwani
Zayden Alwani Před 18 hodinami
A lot of money
Dank Meme Lord
Dank Meme Lord Před 18 hodinami
"cars aren't necessary" is such a poor shaming comment. I've been forced to not have a car before, and it can cost MORE than having one
Charming nowhere to hide
Charming nowhere to hide Před 18 hodinami
80% of his income is from CSvid? So basically the he’s a CSvidr, interesting he doesn’t lead with that 🤪
Patrick Bateman
Patrick Bateman Před 18 hodinami
What a boring f*cking life. Never seen a Brinks truck following a hearse
Charming nowhere to hide
Charming nowhere to hide Před 18 hodinami
warehouses and managing them that are easily making 70k plus which is a decent living and wage. I for instance, have a job that i made over 70k not by much, but with a hsd
Patrick Bateman
Patrick Bateman Před 18 hodinami
Kevin is uptight about what goes into his body except c*ck when he’s getting pegged
P Mason
P Mason Před 18 hodinami
So a kid makes $1 mil a year and he needs a rebate to buy a luxury electric car. EV subsidies = welfare for the rich.
Jackson Bach
Jackson Bach Před 18 hodinami
How are cars not necessary?😂 In upstate ny they sure are
Mr. Grey
Mr. Grey Před 19 hodinami
Hey now be nice to my friend hey grandma how’s it going long time since I commented hope everything is good with you and yours and prayers to you and yours stay blessed my friend
Jack T
Jack T Před 19 hodinami
8...... pi why not.
Junior Colada
Junior Colada Před 19 hodinami
And later the graham make another video to review this video again :)
Raynal Reyes
Raynal Reyes Před 20 hodinami
This is poor green screen work, you can see his head change shapes at times because of the light reflection....no one saw this really?
aziznitro
aziznitro Před 20 hodinami
What’s the point of having money if you don’t spend it and enjoy it? I’m all for savings but not so excessively. Live and enjoy life man, you only live once.
Salim Zaidi
Salim Zaidi Před 20 hodinami
Kevion o leary lied about not owning bitcoin.
Salim Zaidi
Salim Zaidi Před 20 hodinami
cool video though
KYoss68
KYoss68 Před 20 hodinami
I can think of a lot more fruitful ways to burn 1.6M a year than living in that shithole.
CornealSlinky15
CornealSlinky15 Před 20 hodinami
“Smash the like button for the CSvid algorithm” he said it, he said the line
Louis Greenwood
Louis Greenwood Před 21 hodinou
Wait so let me get this right, you can use working at home/home office as a tax break? Someone please clarify 1:15
The Official Andy Saenz
The Official Andy Saenz Před 21 hodinou
His MONTHLY income is $150,000! Most people don’t make that kind of money in 1 YEAR! WOW 🤯 #mindblown
David S
David S Před 21 hodinou
Graham acts like the home office deduction pays for his mortgage. That’s ridiculous. Maybe like a month or two each year.
Antonio Robinson
Antonio Robinson Před 21 hodinou
I’m more impressed that Kevin O’ Leary was able to get away with murder. Can you show us how you did that? Would be really useful.
Jay Jackson
Jay Jackson Před 21 hodinou
Before you listen to Kevin about Diversification, check out some other billionaires on the subject, such as Charlie Munger, Gates and Bezos. Lots of them got that way by revenue concentration NOT diversification. If you cant think for yourself, then go ahead and diversify.
Todd m
Todd m Před 21 hodinou
All going to college is gonna get ya is a chance a better than min wage job (often that still isnt saying much). Being rich, (id say over a 250k a year u can spend, not gross. Has more to do with ur ability to sell urself. There are plenty of professionals that have limited or no college (obv excluding professions that require degrees). Their people running warehouses and managing them that are easily making 70k plus which is a decent living and wage. I for instance, have a job that i made over 70k not by much, but with a hsd and some college but my career path only requires a hsd. The people at the top with only that, are making 110k plus easy. Add to that their retirements are 6k plus a month and the retirement age is 50 or 55 dep on start date
J Dub 561
J Dub 561 Před 21 hodinou
Graham ROCKS! Such great content!!!!!
Willow
Willow Před 21 hodinou
So he's into the Real State business. We got it, there aren't secrets in it. Owning land and/or property in a capitalist economy will secure, if not boost your wealth. Thank you--sips from his $1.00 home-made mocha.
InsaneFire10YT
InsaneFire10YT Před 21 hodinou
oh no the algorithm brainwashed Kevin too!
Mr. Cool
Mr. Cool Před 21 hodinou
Wonder how the rich get richer? Look at our tax codes that make it easy if you have $$$.
Spinal2111
Spinal2111 Před 21 hodinou
wow $60k for a first house, America really has limitless possibilities, foreclosure or not. I don't think there is any house that cheap, ever, here in Canada.
William Kazenas
William Kazenas Před 22 hodinami
I cant believe the first 1:30 where he cash flows on rent. How did he acquire these properties? How did he get them below market value enough yo cash flow on rent in Los Angeles thats absurd
Mike McKenna
Mike McKenna Před 22 hodinami
Your own car is great during a pandemic Kevin.
Cole Lutz
Cole Lutz Před 22 hodinami
I never buy Starbucks and I’m not a millionaire yet :(
Erik Gabriel
Erik Gabriel Před 22 hodinami
I got sent to continuation high school this year already sold 1mil revenue in my business. I had all F”s in school. Looking into buying a 3 unit now. I’m 19 it’s possible guys! I’m not posting this to brag!
a-a
a-a Před 22 hodinami
The only reason he is saying buy a Tesla is so his stock raises! Buy a civic/ corolla if you only need to get from A to B!
Langston Richardson
Langston Richardson Před 22 hodinami
Why are we seeing Graham Stephan immediate response video?
Chris Hansen
Chris Hansen Před 22 hodinami
Mr wonderful 😍😭
OHKPodcasts
OHKPodcasts Před 23 hodinami
why would you have 25 suits that last forever..
Social Justice Warrior
Social Justice Warrior Před 23 hodinami
I love Kevin O’Leary, and just discovered this channel 😘
Jam Pac
Jam Pac Před 23 hodinami
Money won't stop that hairline creeping up lol. No hate. But interesting how likely Graham will look like Kevin when he gets to that age 🤷🏾‍♂️🤷🏾‍♂️
cold2d
cold2d Před 23 hodinami
Smash the like button to help the algorithm :D
Farley 925
Farley 925 Před 23 hodinami
Grahams monthly budget is well more than what I make a month.. and I haven't stopped working this year yet. Graham knows how to make sweet love to California .. while I'm passing the K-Y 😖
Said Aarab
Said Aarab Před 23 hodinami
Do I get it wrong or does he make more money being a CSvidr than a real estate agent ? 300 K /year as an agent/owner. Over a million with CSvid, lol. It’s not the property investments that made him a millionnaire I think.
Said Aarab
Said Aarab Před 23 hodinami
Do I get it wrong or does he make more money being a CSvidr than a real estate agent ? 300 K /year as an agent/owner. Over a million with CSvid, lol. It’s not the property investments that made him a millionnaire I think.
Ngeleiatoko
Ngeleiatoko Před 23 hodinami
Spends 1% and saves 99% Well dude spending some money during your 30s will NEVER come back those are the golden years my friend if you don't have a good time during those years It doesn't matter how rich you are when your 50 or 60 it's never the same
Terry Weiss
Terry Weiss Před 23 hodinami
Can’t believe you don’t know MM. totally real deal , BUT makes a ton on CSvid revenue
Rad Reviewz
Rad Reviewz Před dnem
Buying great suits vs expensive posh brand names is a totally different thing. I don't think Kevin disagrees as much as he didn't understand that point specifically. Cheap can be expensive, long-term.
Jason Olinger
Jason Olinger Před dnem
So funny MR. W saying the main reason Graham is so happy is because his girl doesn't spend money lol tell it like it is.
Adam Craig
Adam Craig Před dnem
I dont understand it. I feel like he would rather save a dollar and damage his health that spend on something better quality
Casey Burgess
Casey Burgess Před dnem
What is he saving for? Just exploiting tax efficiencies but not actually contributing back into society ?
Luxury Beats
Luxury Beats Před dnem
3:01 I dont waste money...I just have 25 of the same suits
Jack McDonald
Jack McDonald Před 23 hodinami
He wears them on his CSvid and on shark tank so he probably writes it off as a business expense lmao.
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