LIVE$BTC 12-year-old boy became millionaire after being one of the first to invest in Bitcoin.
Erik Finman decided to invest in Bitcoin at the age of 12 after striking a deal with his parents in a bid to avoid going 'back to school'
In 2011, instead of wasting away his pocket money, Erik decided to put his money where his mouth was after striking a deal with his parents that he'd prove he could make his fortune outside of traditional education in return for being able to skip out studying a college degree.
But how would Erik build such wealth? Well, luckily for the 12-year-old, Bitcoin had just been launched in 2009 and data became available the following year, so after receiving $1,245 from his grandmother, Erik decided to invest in the cryptocurrency.
At the time Erik invested, trading was at around $12 - and this gave him about 103 BTC.
In December 2017 - when Erik was just 18 - Bitcoin reached a high of around $20,000 and his initial $1,245 investment increased to a staggering $2.07 million. Not bad, eh?
