Meet Brian Jung: 25YO College Dropout Turned Crypto YouTuber Who Is Already A Millionaire!

But Jung also had a YouTube channel, which was more of a hobby than a full-fledged business.?

“I had to tell my parents, ‘I know you’ve worked hard and I know how scary this is going to be, but I’m not going to finish school,’” Jung reportedly told CNBC.

Now at the age of 25, Jung has pivoted to YouTube full-time. He had reportedly earned around $3.7 million in the last year, largely from his finance-focused channel, which has more than 1.1 million subscribers at present.

Looking back, he says the decision to drop out of college to become an entrepreneur allowed him to put more time into the channel and grow it into a business.

While the bulk of his earnings goes towards his operating costs and taxes for the business, Jung puts roughly $50,000 into various investments each month, including cryptocurrencies, NFTs, collectible items and angel investor ventures, as per the CNBC report.

The YouTube Journey

Jung reportedly started posting videos to YouTube in 2013. As a teenager, he made content about video games and fishing. He started his channel about personal finance and entrepreneurship during college in 2018.

Between affiliate marketing, Patreon subscribers, ads and sponsorships, Jung’s business brings in over $300,000 per month at present. He now has four full-time employees helping him produce videos.

Combined with a recently purchased stake in a Japanese barbecue restaurant that brings in another $5,500 per month, Jung made almost $3.7 million last year, a CNBC report said.

“In the beginning, YouTube did not pay me anything. But I realized the downfalls of [the e-commerce] businesses and saw the advantages of YouTube,” he says. “I didn’t have to rely on clients. I didn’t have to work with other people. I didn’t have to scale and buy an office and get hundreds of employees.”

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By December 2019, Jung was fully focused on YouTube. His most successful videos were credit card reviews. At that point, the channel had about 6,000 subscribers and was making $200 to $300 a day, he says, as per CNBC.

In 2021, amid the retail investor craze and cryptocurrency’s bull run, the channel took off. “It took me years to get my first 100,000 subscribers, but in less than one year I gained 900,000 subscribers,” Jung says.

Also Read:?From An Author At Age 8 To Becoming A Millionaire At 11: This 14YO's Career Goals Are Never-ending

Not Born With A Silver Spoon

Raised in Silver Spring, Maryland, Jung grew up in a low-income household. His mother reportedly used to cut hair in a salon and his father worked long hours as a contractor installing hardwood floors. Sometimes, they struggled to make ends meet.

Saving money was the norm: “Don’t spend a lot. Don’t eat out that much. Don’t drive too fast or you’ll use up more gas. Maximize every coupon possible, every discount possible — that’s what I grew up with,” says Jung, as per CNBC.