BRIAN Jung is a YouTube millionaire after his personal finance and cryptocurrency channel exploded in 2021.
But what is Jung’s net worth?
Who is Brian Jung?
Brian Jung was born in Maryland, USA on December 28, 1997.
His mother was a hairdresser and his father installed hardwood floors.
Jung said mottos about saving money were the norm growing up: “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.”
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In 10th grade, Jung was kicked out of school and forced to join an educational program that counselled naughty students.
He said: “I used to have this victim mentality.
“I used to complain all the time.
“I told myself, ‘I’m not going to live my life this way.”
After just six months, he was allowed to return to high school, and started to excel at rugby.
Jung first started posting videos on YouTube in 2013, but it wasn’t until 2018 that he started his channel about personal finance and entrepreneurship.
In 2018, Jung, then just 21, dropped out of college to concentrate on his e-commerce business.
Jung said: “I had to tell my parents, ‘I know you’ve worked really hard and I know how scary this is going to be, but I’m not going to finish school.”
He 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.
“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.”
By December 2019, Jung was 100 per cent focused on his YouTube channel, with his most successful videos being credit card reviews.
At that time, the channel had about 6,000 subscribers and was making $200 to $300 a day.
It wasn’t until 2021, and the cryptocurrency bull run, that the channel really took off.
Jung said: “It took me years to get my first 100,000 subscribers, but in less than one year I gained 900,000 subscribers.”
In no time, Jung’s channel was bringing him in just over $300,000 per month from affiliate marketing, ads and sponsorship deals.
In 2021, Jung said: “My goal in the next few years is to have the largest crypto and personal finance YouTube channel.
“I want to keep building. I just want to create a future generation for my family where no one has to worry about money again.“
In 2021 alone, Jung earned around $3.7 million.
Jung now has more than 1.2 million subscribers.
What is Brian Jung’s net worth?
Brian Jung has a net worth of $4 million.
Jung drives an Audi RS7 and owns a $1.8 million house.
In 2021, he also bought a Lamborghini Huracan for $290,000.
He also spends $249 per month on glass bottles of premium spring water.
He said: “It makes me feel better, lets me feel more clear in my head.”
Jung has a stake in a Japanese restaurant — which earns him $5,500 per month but the majority of his wealth comes from YouTube, where he currently makes around $300,000 a month.
Jung currently invests around $50,000 per month on different assets, but mainly cryptocurrency.