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

  • Publisert 8 dager siden

    CNBC Make It.CNBC Make It.

    Runtime: 13:04

    “Shark Tank” investor Kevin O’Leary takes a look at how real estate investor and NOmemory star Graham Stephan handles his money. The 30-year-old earned more than $1.6 million last year and saved about 99% of it.
    What’s your budget breakdown? Share your story with us for a chance to be featured in a future installment. cnb.cx/32TYZ2K
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    Kevin O’Leary Reacts: Living On $1.6 Million A Year In Los Angeles | Millennial Money

CNBC Make It.
CNBC Make It.

Will Kevin smash the like button on Graham’s finances? Let us know what you think below.

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Bystronicman08
Bystronicman08

Stop begging for likes. It's pathetic.

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Riki Rikin kanayin
Riki Rikin kanayin

And he never said he didnt buy quality gucci LV prada is nothing but over priced crap and no one is asking his oponiion what he likes because again hes old and bald i dont wanna look old and bald....

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harvey sp
harvey sp

Agreed

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harvey sp
harvey sp

Don’t forget that this kid is a midget

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Laughing Man
Laughing Man

Why would I like the video before even watching it

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Mike Messiah
Mike Messiah

Lesson learned: *Hit the YouTube algorithm jackpot and become a millionaire. Nothing to do with investments and savings etc etc.*

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Kenneth Yim
Kenneth Yim

8:57 nice FL Journe, Kevin!

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Tracy Steiner
Tracy Steiner

You don’t live buddy- you exist. Big difference. Not indulging in minimal comforts when you can afford time is ridiculous. And yeah, I have more than a million,so no, I’m not jealous.

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shalvin prakash
shalvin prakash

Don’t take financial advice from a youtuber... but you may take youtube advice from one.

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Autobot032
Autobot032

I'm 50/50 on this. Some absolutely excellent advice in here, but not all of the bases are being covered. Yes, you can skimp, but to what end? If you're going to skimp, do it with the suits too. (Their actions and their words don't match up.) Yes, you can work 15 hours a day, but you barely have any time to enjoy the fruits of your labor. (Not to mention time with family, etc.) Yes, you can make more and more and so on, but where does it end? (You can't take it with you when you go. If you don't have kids or a charity, it goes to the government. If you do have kids and you leave them nothing, it's just a painful financial reminder that you really, really didn't love them. All that money, all that time, nothing to show for it.) Not being funny, but what's ten million going to do for you that nine didn't? (Seriously, what's the cap? When do you call it quits and live comfortably and decently? Do you have to be Scrooge McDuck rich to feel "secure"? There are other aspects.) Would it be nice to have a... "care package" of sorts to be safe and content? Sure. Most people don't have that, though. Sometimes, they're happy as-is and the money could bring trouble. I think the honest answer is some people can handle money and what comes with it better than others, while others can't, but it all spends the same and anyone can be in another person's shoes when they least expect it. Coin collections, suits, watches, coffee, cars, etc... Past a certain point, you have everything you need, now it's just finding things to want.

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Michael K.
Michael K.

does this video go into this millennial's background? like his family's status? how he grew up, etc.?

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ebowden
ebowden

Step one: pay Californian income tax Step Two: Revise this whole plan because the government only left me with 100,000 dollars

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TheTibetyak
TheTibetyak

I never liked Kevin O'Leary while watching Shark Tank.  But I really appreciated his demeanor and educational approach in this video.

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vincentrich - Banned But Not Forgotten
vincentrich - Banned But Not Forgotten

10:25 - He was doing everything right until he mentioned that he has a girlfriend. It's the trap that all men get sucked into, no matter how smart or successful they are. Dude will be broke and starting over in mid-life.

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Go Cougs
Go Cougs

I dont care how rich this kid is, his life looks boring and uptight

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A Crazy Hobo
A Crazy Hobo

These rich pieces of crap are the reason why its so expensive to live in california.

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Lui
Lui

Or maybe its what surrounds it 🙄 bio and name checks out lol

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Tex Nguyen
Tex Nguyen

If Dwayne Wade was reacting to Graham, he would probably rate him 9/10

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Sponge Bob
Sponge Bob

his girlfriend looks like a Romanian Man

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Dennis Liu
Dennis Liu

lovely 8.234.... amazing estimation

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Anas saleh
Anas saleh

Kevin guy remind me of Donald Trump

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fouoii gyhh
fouoii gyhh

"Make your own coffee don't buy Starbucks!" Everyone: Ohhhh Wooooooowwowow you're so smart IQ 200

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FarruFR
FarruFR

Kevin really just said "hit the like button, helps the algorithm" either he watches Graham or the producer is an avid watcher and included it on the script.

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fouoii gyhh
fouoii gyhh

But how much bitcoin does he have

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Sponge Bob
Sponge Bob

hey Kevin I heard your wife crashed the boat in Ontario while she was drunk on some alcohol... was it you or are you blaming it on your wife so she takes the blame and you wouldn't take the blame

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Jonathan Duong
Jonathan Duong

“Ima give him a 8.234.” 😂 this mans

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James Johanson
James Johanson

Smart Guy

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Alex Worden
Alex Worden

Making over a million a year sounds great when I'm making absolutely nothing right now and owe money lol

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maricondae
maricondae

I mean the kid is crazy smart with his tax right offs and good on him for saving well and making bank! But these guys sound really cheap like they wouldn’t tip if they went out, so I’d be curious about that...

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Lui
Lui

If they provide good service sure

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rehdf
rehdf

wait what? why the bank teller whould give you the old paper money and not keep it for her or family?

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Dylan
Dylan

CNBC there is literally not one video you've made that I don't love.

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nightnight
nightnight

These things really should not get recognition. This guy is just a famous YouTuber, it's as simple as that. He got lucky the same way half of the other social media stars blew up because of perfect timing. Why idolize him as if he did something unique?

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Bodhi
Bodhi

Not just your average fake Youtube scammer.

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Marcus
Marcus

You know, he could have $10 million dollars but I still wouldn't switch places with that midget. I think I'll take not needing a booster seat at restaurants.

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Mr. Mortakai
Mr. Mortakai

I'd like to know how much his daddy made cause it very easy to be successful when your daddy has money

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Julian
Julian

makes $100,000 a month and looks for specials at restaurants = self hatred

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Julian
Julian

makes $100,000 a month and won't buy nice clothes. loser

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Thebluefus
Thebluefus

But how much bitcoin does he have

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Eric
Eric

"Make your own coffee don't buy Starbucks!" Everyone: Ohhhh Wooooooowwowow you're so smart IQ 200

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BillQuag -
BillQuag -

You forgot to include stay single. He will lose half of his net worth that he worked so hard for in a divorce, and pay approximately 35% of his gross income to child support alimony. I'd like to see what Millennial money does then...

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Chris Helmly
Chris Helmly

I hope you tip your servers and bartenders well...

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Hapyy
Hapyy

That was an enjoyable video.

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zackOsaur
zackOsaur

ive been watchoing grahan for a long time and really know how frugal he is, but him saying he eats 2 eggs just really shows it. im a small guy like him and 3 eggs is the minimum ill have for breakfast.what a madlad

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Kevin Moodie
Kevin Moodie

5:25 these words aged quite well

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Allô français canadien
Allô français canadien

Right as i was about to say "hes rich because he doesnt have a girlfriend" His girlfriend shows up on screen lmao

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Johnny Pham
Johnny Pham

If you spend your money WOMP WOMP Y out no longer have $$$$

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Martin Edwin
Martin Edwin

Hows he live on $350 in food? Good for him

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tanner sharp
tanner sharp

9:45 I live not in New York cars are pretty essential....

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Radrad YukonLad
Radrad YukonLad

Extreme cheapskates, millionaire edition

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Melvin Britton
Melvin Britton

Lol “that helps the algorithm”

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coo the creator
coo the creator

The greatest crossover of all time

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Zak Mustapha
Zak Mustapha

Graham: I refuse to spend money on coffee. I make it at home for $0.20 Kevin: I LOVE THIS GUY!

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Ahmed Aldhafeeri
Ahmed Aldhafeeri

1:21 says it all.

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thaOFK
thaOFK

Dude needs to learn to enjoy life a little more then being a miserly! Most important thing to spend money on is quality food and definetly not 1 dollar mcdonalds...

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Matt Buchanan
Matt Buchanan

It really comes down to being frugal combined with increasing your income. Then once you get a certain amount of money, you invest it correctly to make more money. I’m no millionaire but from watching all these videos it seems like that is how it’s done.

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Roberto Blake
Roberto Blake

Right now I’m invested in index and dividend stocks but I’m actively looking at transitioning into real estate

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tabysart
tabysart

Lesson of the day - If you buy a Tesla, you’ll make money

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Murmuring Brook
Murmuring Brook

Do “Kevin O’Leary reacts to him committing vehicle manslaughter in his boat”

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Guidingstar Sohphoh
Guidingstar Sohphoh

3 minute and he's like this is a waste of time

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Gordon Yau
Gordon Yau

bet, she's trying to get married and then divorce for half. playing that long game

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Jake Piper
Jake Piper

8.234 lol very specific but alright (X

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sanjuansteve
sanjuansteve

I propose a reality TV show called #SixDegreesConnected (SDC) that’s basically Shark Tank but without the pompous panel of investors from several different industries. Instead, it’s about people using social media to actively participate in getting an invention to the absolute perfect person in the world for that idea to be connected to, six degrees of separation (Kevin Bacon) style. Perhaps Kevin Bacon would even be interested in being involved with the obvious connection and positive, inventive nature of the show. SDC would have a Tosh.0 type of green screen set with invention ideas shown by video and/or on set. The inventors will have the people, groups, companies, etc. that he/she thinks would be the ideal connection to make their idea a success and the TV audience will start from there. The audience participation social connections that it took to get to that final connection could all (six degrees max) have a stake in the enterprise and/or other benefits to encourage participation on a viral level sometimes even making the connections live during a show. What do you think?

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sanjuansteve
sanjuansteve

EatTheRich #BillionairesAreWorthless #PitchforksAndTorches #EqualityMovement #EmpathyRevolution Pandemics, market crashes, etc show us just how stupid capitalism (with all of the inequalities it empowers) really is. This crisis would be much, much easier if we all had universal healthcare, tuition free education, internet for all and a UBI. It would be easier still if we all had home, business and covered parking rooftop solar arrays, electric vehicles, indoor, outdoor and vertical food gardens in every home, business, school, grocery store, restaurant, public park and land, etc and if more of us studied and worked remotely from home. Let’s STOP TRYING TO SAVE CORPORATIONS AND SMALL BUSINESSES with selective bailouts and instead simply put capitalism on hold (mortgages and loans, rent, interest, dividends, late fees, utilities, etc), launch universal healthcare, a UBI, universal education and internet for all! #NoCorporateBailoutsRequired #TooFarLeft Education is a good investment from an individual, family, community or national perspective and tuition free education will reduce the burden from the root on our medical expenses too for example. Healthcare for all is actually CHEAPER with the insurance industry off of the table along with most of the time lost due to billing among many other reasons. A universal basic income (UBI) is CHEAPER than all of the thousands of individual federal, state and local social safety net programs including things like Social Security and unemployment insurance, etc with all of their budgets, overhead expenses and inefficiencies eliminating the humiliating need for people to lose time to prove their poverty to qualify for aid. Internet for all is a great and necessary investment to give everyone the opportunity to study, search for work, work remotely, etc online. Solar power is CHEAPER and electric vehicles are soon to be CHEAPER to make and already are considerably CHEAPER to maintain and operate, especially if charged from your own solar power. What do you think will happen to crime rates, peace and equality in general after we launch universal healthcare, a universal basic income, universal education and internet for all, raising the starting point of capitalism from zero, we'll let you die with no money, to a level of life with dignity, reducing societal daily fears on a massive scale and freeing us to welcome the automation revolution with open arms rather than with fear and great harm? 😃 #EqualityMovement Call me overly positive, but I think we’re leaving the era of ‘greed is good’ and celebrating wealth and entering an #EraOfAltruism and equality. Let’s #AutomateEverything and #SkipToAbundance.

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Trinder3467
Trinder3467

How do you guys meet girls? I have a hard time with approaching. I would like some answers on this. Thank you

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Unamed Person
Unamed Person

SMASH the like button for the YouTube algorithm!

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Vlado Bokan
Vlado Bokan

Hopefully this guy tips good.....i know tipping cant save him money lol

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Just S
Just S

i hate mr wonderful a lot for some reason

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BwsHD
BwsHD

350 on food wtf..

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eishstudentbudget blog
eishstudentbudget blog

I really enjoyed this!

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Trinder3467
Trinder3467

I still don’t believe he’s a millionaire. Why would anyone display that, unless he sold books or programs. Common

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barthj21
barthj21

All the people thumbs down are children

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Brian Chandler
Brian Chandler

The green screen work with Mr Wonderful is f'ing atrocious. How does a media outlet like CNBC not have someone better than Ray Charles' 6 year old nephew to do the AV work?

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MAN_ON_WHEELZ
MAN_ON_WHEELZ

Kevin says a car isn't necessary, and I get that. You can call an Uber honestly, or hire a limousine service, whatever. But as a car guy, if I were rich like this, I'd have some cars. It will be my treat to myself. It'll hurt looking at the bills associated with them, but I enjoy driving and looking at cars way too much to not indulge in that market. To me cars are more than just an appliance for transportation, they can be rolling works of art.

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Erwin
Erwin

220 for gym a month is ridiculous & 350 for food a month can't be enough

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PBMS123
PBMS123

4:00 College is tertiary education Kevin. Secondary school/education is high school.

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Cassie
Cassie

His mortgage is more than I make in a month... yea ok “living cheap”

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KYB
KYB

Waste so much money to live in a dumb county

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Dil Sims
Dil Sims

£220 at the gym made me laugh

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Anthonys Republic
Anthonys Republic

I thought he got arrested for drunk driving cause he killed a guy in a boat , how is he still on youtube?

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California's Last Gasp
California's Last Gasp

"Pay to stay" jail, perhaps?

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Bad
Bad

I hate Graham because he is living the life I wish I was but he still has a lot of my respect

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Kush Patel
Kush Patel

CNBC please get a better green screen

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Kush Patel
Kush Patel

Or learn to key better

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akaNudr
akaNudr

turned on subtitles and all it said was “Broke Broke Broke Broke, get a job, get off youtube broke”, never been more hurt

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bimbogiallo
bimbogiallo

How can the mortgage for both units be 2800$ and the rent of only the second unit 2500$ ?

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Jasmine Lola
Jasmine Lola

After watching this, I’ve realized I NEED to save my money and stop wasting it.

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Zee Sultan
Zee Sultan

Gee, I wonder what his dad does. Yea, you don’t need secondary education, but to ignore where this guy actually started from puts you in the same boat as those that stipulate the need for a college education.

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Conner
Conner

This guy is legit. The 'real'tor.

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Jose Ignacio
Jose Ignacio

A cockroach...

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