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

“Shark Tank” investor Kevin O’Leary takes a look at how real estate investor and IT-state 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
Watch more Millennial Money here: bit.ly/2ziJXZL
For more tactical advice from Mr. Wonderful watch #MoneyDisputes premiering today on www.cnbc.com/money-dispute/. Locked in a money battle? #AskKevin. Real stories, real solutions. Tell Kevin your story.
Check out Kevin O'Leary's channel here: it-state.com
» Subscribe to CNBC Make It.: cnb.cx/2kxl2rf
About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money.
Connect with CNBC Make It. Online
Get the latest updates: www.cnbc.com/make-it
Find CNBC Make It. on Facebook: cnb.cx/LikeCNBCMakeIt
Find CNBC Make It. on Twitter: cnb.cx/FollowCNBCMakeIt
Find CNBC Make It. on Instagram: bit.ly/InstagramCNBCMakeIt
#MillennialMoney
Kevin O’Leary Reacts: Living On $1.6 Million A Year In Los Angeles | Millennial Money

Commenti 

  1. CNBC Make It.

    CNBC Make It.

    5 giorni fa

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

    • Kamilla Style

      Kamilla Style

      12 ore fa

      ❤️ 💛 💚 18+ 37710.putanydom.ru ❤️ 💛 💚 18+ 37710.putanydom.ru ❤️ 💛 💚 18+ 37710.putanydom.ru

    • Bystronicman08

      Bystronicman08

      Giorno fa

      Stop begging for likes. It's pathetic.

    • Riki Rikin kanayin

      Riki Rikin kanayin

      Giorno fa

      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....

    • harvey sp

      harvey sp

      Giorno fa

      Agreed

    • harvey sp

      harvey sp

      Giorno fa

      Don’t forget that this kid is a midget

  2. sutats

    sutats

    6 ore fa

    <a href="#" class="seekto" data-time="657">10:57</a> Surely they could've used a more flattering snapshot

  3. Kevin Covins

    Kevin Covins

    6 ore fa

    That's the secret kids ... buy homes on foreclosure by the bank ... and right now because of covid-19 and no jobs ... properties are foreclosing ... so now is time

  4. Joseph S

    Joseph S

    6 ore fa

    How is Kevin doing after he murdered 2 people with his boat?

  5. Avenue 43

    Avenue 43

    7 ore fa

    America is such a greedy country alway wanting more

  6. Salvatore Puccini

    Salvatore Puccini

    7 ore fa

    Basically everything Graham Stephan is doing is what Dave Ramsey advocates, he just has a really high income instead of a 25 to 100k salary. If you do that most likely won't make the NBA but you'll be dominating the pickup game. And O'Leary is right, to be successful don't kid yourself. It's long days

  7. Badger Is Here

    Badger Is Here

    7 ore fa

    I get like not wasting money on Starbucks or expensive branded clothing but if you guys felt like seeing a movie, i dont understand why you would try find a alternative to spending, id guess $30 max especially if its a one of thing.

  8. Daniel Lachner

    Daniel Lachner

    9 ore fa

    Yeah you don't need a car nowadays in a city but you probably need one outside of LA

  9. Adhy Nugroho

    Adhy Nugroho

    9 ore fa

    The guy even found a girl who had the same outlook on money as he did. That way he doesn't have to spend too much trying to please with what can be needless expenditures. What a mutual win for both of them!

  10. sabertoooth06

    sabertoooth06

    9 ore fa

    Was Kevin filmed with a potato?

  11. fouoii gyhh

    fouoii gyhh

    9 ore fa

    The way he's going he could 100 million. I feel like 10 is a foregone conclusion for him and likely to happen before he turns 40.

  12. Omar Nimer

    Omar Nimer

    10 ore fa

    If I made 150k a month I would splurge on myself at least once a month on things I like even if that means it’s a bad idea because it’s a waste of money. It sucks to have saved all that money just for the sake of saving it and not enjoying life to its fullest I mean isn’t that why we work hard to make money? So we can enjoy ourselves with the freedom and free time we now have. And come on so WhT Starbucks is expensive for no reason my guy you make 1.6 million a year. You can have all the Starbucks you want for all your life and it wouldn’t make a dent in your wallet. Enjoy life while you can people that’s all I’m saying.

    • fouoii gyhh

      fouoii gyhh

      9 ore fa

      So basically he’s a cheapskate

  13. Keith McClane

    Keith McClane

    10 ore fa

    I really wish my wife and kids shared my economic values..

  14. Loretta Persinger

    Loretta Persinger

    11 ore fa

    Ok

  15. graceoverall

    graceoverall

    11 ore fa

    Anyone else wondering how Mr. Wonderful gets around? Public transportation is only an option in large cities. Small towns, where the majority of people live have little or no public transportation.

  16. Raymond

    Raymond

    11 ore fa

    Buy and hold great tech companies and you'll crush mr wonderful's returns. People who don't understand technology are going to be left behind. Real estate investing has been historically profitable, but it's a plague to our society by driving up living costs and essential assets. There should be policy against hoarding homes.

  17. Provolone Guy

    Provolone Guy

    12 ore fa

    Price shopping over bread and refusing to buy coffee because it's ridiculous.......Also lives in LA in 2020 oO

  18. ajay viswanathan

    ajay viswanathan

    12 ore fa

    Helps the algorithm? Did u just copy Graham Stephen??😂

  19. Alex Cale

    Alex Cale

    13 ore fa

    Sushi 🍣 girl is a debt girl.

  20. PetHub

    PetHub

    13 ore fa

    Why couldn't they use a better green screen for O'Leary

  21. S Tra

    S Tra

    13 ore fa

    Green screen fail.

  22. Bucks N Trucks

    Bucks N Trucks

    13 ore fa

    I did the math, If I worked at $15 an hour for 50 hrs a week, for 45 years. My take home (assuming taxes don't rise) would be $1.5million....AFTER 45 YEARS of the daily grind. Seems the way to get rich is figure out how to skirt the rules and system, and make other people pay for your things.

  23. bullshark

    bullshark

    13 ore fa

    O'leary spends $10,000 on each suit yet won't pay for a cup of coffee.

  24. Userzxcvn

    Userzxcvn

    14 ore fa

    I understand keeping expenses low but if I work hard I’m going to reap those benefits

  25. T Accntb

    T Accntb

    14 ore fa

    She would dump him in a New York minute if he didn't have $$... This isn't love, this is LA.

  26. OverCraft

    OverCraft

    14 ore fa

    You bet they paid Kevin

  27. TheAvataroo

    TheAvataroo

    14 ore fa

    Millennial money out here stealing Graham's video format and catch phrases. *Clearly they been taking notes*

  28. Du De

    Du De

    14 ore fa

    So basically he’s a cheapskate

  29. MVP Mongo

    MVP Mongo

    15 ore fa

    Jesus Christ, Kevin just told me to hit the like button😂

  30. Solar

    Solar

    15 ore fa

    “Eh cars kinda useless” What????

  31. tony romero

    tony romero

    16 ore fa

    $220 a month on gym?? I only spend $50 bucks and my gym has a sauna/pool/basketball court

  32. Jeffrey Keyes

    Jeffrey Keyes

    16 ore fa

    I count myself to be equally very successful in trading stocks like Kevin, because of the amazing profit making strategy of my broker, Mr Conrad Parker.

    • Charles Porter

      Charles Porter

      13 ore fa

      @Smith Taylor don't Listen to these people it's a scam

    • Prince justice

      Prince justice

      15 ore fa

      Sir Conrad truly has amazing strategies, he has a particular intriguing strategy the cuts down losses

    • Henderson Waters

      Henderson Waters

      15 ore fa

      @Smith Taylor (officialconradparker@gmail.com)

    • Luckey Butler

      Luckey Butler

      15 ore fa

      He truly has amazing has amazing strategies, in fact he has a particular strategy that cuts down losses and ensures winninga

    • Smith Taylor

      Smith Taylor

      16 ore fa

      Pls how can i reach this broker?

  33. Zachary Mitchell

    Zachary Mitchell

    16 ore fa

    Can’t be stopped

  34. Zachary Mitchell

    Zachary Mitchell

    16 ore fa

    Yeah

  35. Zachary Mitchell

    Zachary Mitchell

    16 ore fa

    Well

  36. Zachary Mitchell

    Zachary Mitchell

    16 ore fa

    I have they key... to the mind

  37. Zachary Mitchell

    Zachary Mitchell

    16 ore fa

    On it

  38. Zachary Mitchell

    Zachary Mitchell

    16 ore fa

    Millennial..

  39. Dan Kirchner

    Dan Kirchner

    16 ore fa

    bs

  40. Tech CT

    Tech CT

    16 ore fa

    Oh the video isn't over..??

  41. Tech CT

    Tech CT

    17 ore fa

    Hi Kevin its the other way around, its Kevin O'Leary here aka Mr. wonderful..!

  42. Ty Mac

    Ty Mac

    17 ore fa

    KEVIN FOR PRIM MINISTER OF CANADA

  43. Hayden Butler

    Hayden Butler

    17 ore fa

    I've seen isis beheading videos better quality than this. What did they use to film Kevin? An old VHS camera?

  44. Wilda St Aude

    Wilda St Aude

    17 ore fa

    So he wanted to be a millionaire just because???

  45. Vae Mohe

    Vae Mohe

    17 ore fa

    A guy like this doesn't impress me. He got extremely lucky. This was barely hard work. Living with your pops being able to save every dime and getting a awesome and I mean AWESOME property for that price. Once in a lifetime opportunity and you got it. Very lucky man

  46. JacobTower

    JacobTower

    17 ore fa

    Are all financial and economic videos on IT-state all mute now that the world is collapsing for the next few years?

  47. Sean Wilson

    Sean Wilson

    17 ore fa

    What I could do with a million dollars

  48. Alan Alban

    Alan Alban

    18 ore fa

    I started watching ready to hate, but the dude is actually incredibly smart. How we should all strive to with our money really.

  49. Alex K.

    Alex K.

    18 ore fa

    Kevin says that he doesn't waste money, yet he owns 25 suits that look the same and last forever. So what's the point of spending money on 25 suits again?

  50. Raeven

    Raeven

    18 ore fa

    Aww!! Ramsey!!

  51. Eric Johnson

    Eric Johnson

    18 ore fa

    Great video. I'm coming around to Kevin. Kevin: try an updated casual look. You'll enjoy it.

  52. Jordan J

    Jordan J

    18 ore fa

    The girlfriend is smart, make him save all his money so she can get it in the divorce after he marries her.

  53. tigergreene

    tigergreene

    18 ore fa

    Graham does diversify, he talks at length in multiple videos about investing in steady, long-term index funds like the S&P. Kevin needs to educate himself more before jumping to conclusions.

  54. Christian Schenkel

    Christian Schenkel

    18 ore fa

    I think if anything I learned from this it’s finding someone who shares the same economic values.

  55. Asad Yare

    Asad Yare

    18 ore fa

    Kid hustling 😂

  56. Mouad BENHADDI

    Mouad BENHADDI

    18 ore fa

    I think this guy is cheap....What's Money's worth if your not spending it rewarding yourself for how good you did in business...I'd like rather Uncle G advise : spending 20% and investing the rest back in the business after taxes...you don't change your living expenses until the 20% rises

  57. Jonathan Mcdowd

    Jonathan Mcdowd

    19 ore fa

    Living in LA has always been my dream. I just got a house in LA. I've been saving up my profit from forex and biitcoin trading. My investor, Hailey Torres is just awesome. Before I got introduced to her, I ws losing a lot in trading. Now I've got my dream house all thanks to her. If you are beginner to trading, start investing with a proficient investor like Ms Hailey Torres to avoid loosing money

    • Anthony Boyle

      Anthony Boyle

      13 ore fa

      Jacinto Fernandes dude put in that work at least, lol never seen this advertising with the burners.

    • Jacinto Fernandes

      Jacinto Fernandes

      15 ore fa

      Most intricate bit of advertising I've seen in a while

    • Jonathan Mcdowd

      Jonathan Mcdowd

      17 ore fa

      at: investwithtorres

    • Jonathan Mcdowd

      Jonathan Mcdowd

      17 ore fa

      or on the telgram app

    • Jonathan Mcdowd

      Jonathan Mcdowd

      17 ore fa

      +12104605953

  58. P C

    P C

    19 ore fa

    Some of the richest are the cheapest go figure 🤔

  59. Mr Tappy ASMR

    Mr Tappy ASMR

    19 ore fa

    I like Graham but lets be honest, landing a 15k a month job in real estate would make me a good investor too. I think i could make $1M quickly with that salary.

  60. Steve Yim

    Steve Yim

    19 ore fa

    Over 80k a month on IT-state. I don’t think so.

  61. Apoptosis

    Apoptosis

    19 ore fa

    The real estate market in the USA is a big bubble, like everything else in this country's economy...

  62. Kevin

    Kevin

    19 ore fa

    85% of his money comes from IT-state... His whole real estate gig is a hobby by itself. What if IT-state banned his channel? I'm sure he can regain some of those followers on instagram or something but wow, that's a big chunk relying strictly on the platform more creators are jumping from

  63. D Hova

    D Hova

    19 ore fa

    $200/month on Groceries!! Yeah right!!

  64. 9 hundred

    9 hundred

    19 ore fa

    millennials are sooooo lazy that they even need an interpreter to dumb it down.

  65. Photo Girl

    Photo Girl

    19 ore fa

    8.234

  66. infringinator

    infringinator

    19 ore fa

    His wife should make a video how to get away with murder

  67. Miss Betrolln

    Miss Betrolln

    20 ore fa

    Kevin O'Leary is a dirty old man...

  68. Dexter Gordon

    Dexter Gordon

    20 ore fa

    this is a terrible green screen lol

  69. MrMuffin

    MrMuffin

    20 ore fa

    i wish i was as smart as him...i cant even do basic math

  70. SolidBanjo Banjo

    SolidBanjo Banjo

    20 ore fa

    How about getting a job and contributing to society instead of being a parasite living off peoples need for somewhere to live

  71. SolidBanjo Banjo

    SolidBanjo Banjo

    20 ore fa

    Yes, keep buying up all those houses and charging people rent, I’m sure this will have no long term effect on society...

  72. Riss Rova

    Riss Rova

    20 ore fa

    I love kevin

  73. emeka62

    emeka62

    20 ore fa

    “I’m really uptight about what I put in my body”. Hmm... I don’t know if I believe that.

  74. Nabil Fereja

    Nabil Fereja

    20 ore fa

    8.234 really Mr. Wonderful 😂😂😂

  75. Benny Southern

    Benny Southern

    20 ore fa

    no way that car cost him $78 a month. even if he got it for 10k at 60 months 0% thats still $167 a month.

  76. veksone77

    veksone77

    20 ore fa

    What's the point of making money if you're not going to indulge a little?

  77. CrackerJacksAeg

    CrackerJacksAeg

    20 ore fa

    Yes, it is absolutely true that success in a career and finances doesn't require a college degree; however, the education does provide a bit of insurance, knowledge, and skills that keep an individual afloat in times of economic trouble such as the current coronavirus-induced economic downturn. The majority of people who lost jobs and are out of work are those who have jobs that don't require higher education such as food service janitorial duties. It can also lead to jobs that provide benefits like PTO, 401k, health insurance and etc that you wouldn't get flipping burgers at McDonald's or picking up someone else's groceries.

  78. finn saunders

    finn saunders

    21 ora fa

    that's crazy that he makes pretty much all his money off youtube

  79. FirstName LastName

    FirstName LastName

    21 ora fa

    Wonder if he's still making 1.6m with the pandemic.

  80. BROD PITT

    BROD PITT

    21 ora fa

    Rich white kid from the start 😎😎😎

Il prossimo