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 CSgos 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: csgos.info
» 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

Komentáře

  1. CNBC Make It.

    CNBC Make It.Před 4 dny

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

  2. Tamara Kosheleva

    Tamara KoshelevaPřed 12 hodinami

    ❤️ 💛 💚 18+ 67690.putanydom.ru ❤️ 💛 💚 18+ 67690.putanydom.ru ❤️ 💛 💚 18+ 67690.putanydom.ru

  3. tj Matus

    tj MatusPřed 14 hodinami

    Totally read that wrong hahahah!

  4. superduperboyx

    superduperboyxPřed 15 hodinami

    I think Kevin will just press the Like button, not smash it, because he gave him a 8.2345 lol.

  5. John Brown

    John BrownPřed dnem

    Kevin should start a business that helps people take ideas and make them into patented inventions.

  6. InquiringMind

    InquiringMindPřed dnem

    Don't forget to DESTROY that like button!!!!

  7. Jesse !

    Jesse !Před 9 hodinami

    I agree with Kevin and the whole buying fast fashion idkw Graham buys it it’s bad for the environment and doesn’t last as long rather he should invest in higher quality but he’s pretty cheap like that lol

  8. Shivangi T

    Shivangi TPřed 9 hodinami

    Okay but there are literally so many youtubers who have 1million+ subs with just as many views and most of them don't make 80k a month?

  9. Jake C

    Jake CPřed 9 hodinami

    Dang @Graham should have included your stock portfolio and you might had gotten a higher score 🤷🏽‍♂️ Good job regardless To comment you question about excess money how can you say I have no idea what I would do with all the money if I became a billionaire? How about giving back? We need more millenniums who also aspire to become philanthropists Don’t forget what goes around comes around Living in a bubble is an illusion. The current times should be a testament to that

  10. chair

    chairPřed 9 hodinami

    2 x $3 coffees a day, 5 days per week, 52 weeks a year would be $1,560 (and I don't know many young people who'd buy 2 a day commonly, in fact I'd say most buy it 3 or 4 times a week). Less than 0.1% of his $1.6m total income. People don't become millionaires in their 20s by not buying coffee or avocado toast or whatever bs the latest finance 'influencer' is selling people. Stuff like this is just designed to both (a) Cover for the fact that people like this almost always got a large volume of capital from their parents to invest with at an early age, by creating this mythical culture that they just made sacrifices no one else makes(there's plenty of poor people not drinking coffee and working 50-60 hours a week to get by) and (b)to make more money selling dreams of this 'grind and invest' culture to naive young people. Most of us aren't the 20-something landlord who can invest in a rental property and make enough to cover our own cost of living from it without having to produce anything of value. Most of us are the ones getting stiffed by high rents in our youth from landlords

  11. A Saha

    A SahaPřed 9 hodinami

    At 26, only in my dreams. Good Luck on hitting $10 million bro.

  12. Abdirahman Isse

    Abdirahman IssePřed 10 hodinami

    He is a smart dude but he is cheap 😂

  13. sixtyFive Watts

    sixtyFive WattsPřed 10 hodinami

    Doesn't he sell courses ?

  14. Noah G

    Noah GPřed 10 hodinami

    100k a month from yt is solid af

  15. Noname

    NonamePřed 10 hodinami

    kevin, what would you rate yourself on a scale from 1 to 10 in terms of how good of a saver you are? because you are definitely not a 10/10

  16. Shorab Hossain

    Shorab HossainPřed 10 hodinami

    Billionaire reviewing millionaire 🤣 Great video.

  17. Eva Ng

    Eva NgPřed 11 hodinami

    LOL I love how you guys flipped it back. HAHA

  18. Dr. House

    Dr. HousePřed 11 hodinami

    So the key to success is to be cheap

  19. Victor Popov

    Victor PopovPřed 11 hodinami

    Here is how you become a millionaire. Buy an entire store of starbucks. So that you can keep people from becoming millionaires by buying coffee at your shop and you can becone one because you get free coffee.

  20. aaric1703

    aaric1703Před 11 hodinami

    If Mr Stephan, said 10% of 1.6 million dollars that would be believable. There is NO place in America, you live on $16k, per year. Therefore, his statement has a distinct aroma bullsh*t.

  21. Mustardeer M

    Mustardeer MPřed 11 hodinami

    That money ain't good in the coffin when your time is up. There's frugal and there's cheap. I think he's just cheap.

  22. Winston S.

    Winston S.Před 12 hodinami

    "Always good to have a partner who shares your economic values." Yeah. I agree. It's not hard to find a girlfriend who also wants to be rich.

  23. Paul Torrisi

    Paul TorrisiPřed 12 hodinami

    2.27 he doesn't waste a single cent. The beauty of being well off, is that you should be able to waste a single cent. It enables you to indulge your passions and hobbies where people less well off can't. If you're making a ton of money WHY are you not wasting some that's the point.

  24. Vwap Trader2019

    Vwap Trader2019Před 12 hodinami

    Graham Stephan 8.234. Seems like there have been a lot of failed models before the current Graham Stephan 8.234 We know and love came to be.

  25. Candis

    CandisPřed 12 hodinami

    INVEST IN A COLANDER!!! I cannot believe these two while making pasta! I'm all about building personal wealth, but when it leaves your current life lacking, then what's the point? Your entire life shouldn't be frugal for the sake of saying you saved a dollar. To me a splurge would be on a really nice vacation. Something memorable and can be shared with someone special. I do not see any value in fast food @ a McDonald's drive thru eating from the Dollar Menu. Oh and in most locations the Dollar Menu doesn't even exist any more! Everything on that menu is over a dollar. Even a small fry. It's really sad.

  26. Joe Kyser

    Joe KyserPřed 13 hodinami

    yeah ok mr boat crash not a fan of owning anything transportation. Boats are the biggest waste of money

  27. MRios1128

    MRios1128Před 13 hodinami

    Graham hasn't gotten so famous now, it's nuts

  28. Apache-Yaqui Brown

    Apache-Yaqui BrownPřed 13 hodinami

    I admire Graham, but I do know someone their diet than him. Yeah he is a millionaire, drove his Geo Metro for 15 years. He would take extra T.P. from.public bathrooms, carry an empty container to fill with soap, and never ordered a drink in a restaurant, just a large glass of water with a side of lemon wedges to make his own lemonade. Good luck Graham

  29. Learn How To Edit Stuff

    Learn How To Edit StuffPřed 13 hodinami

    Yikes... If y'all need someone who knows how to pull a proper chroma key, hit me up.

  30. moronmonkey1

    moronmonkey1Před 13 hodinami

    Cars may not be necessary in places like LA or New York but they are kinda necessary in most places

  31. Reegan Kistler

    Reegan KistlerPřed 13 hodinami

    56 seconds in and I can tell this is gonna be pretty awesome lmao

  32. Reegan Kistler

    Reegan KistlerPřed 13 hodinami

    Yeah this was awesome pls make more videos like this

  33. Damn Im RichAF

    Damn Im RichAFPřed 13 hodinami

    1.6 million is truly not alot of money.. I got my inheritance and blew 830k in almost 4.5 months.. Never been so ashamed of myself🤣🤣🤣

  34. Man Ramirez

    Man RamirezPřed 14 hodinami

    KEVIN O LEARY APPROVES😭

  35. Daniel Graham

    Daniel GrahamPřed 14 hodinami

    Are we talking about coffee 🤦🏾‍♂️

  36. Niko Baez

    Niko BaezPřed 14 hodinami

    Kevin was lowkey flexing about his money lmao

  37. ebulating

    ebulatingPřed 14 hodinami

    Real estate agents are pure parasites

  38. Ron Collins

    Ron CollinsPřed 14 hodinami

    they are making money on us watching a video about them making money off us watching

  39. Gary Eckel

    Gary EckelPřed 15 hodinami

    The downside to money?, It makes people crazy" have fun boys!

  40. Zayden Alwani

    Zayden AlwaniPřed 15 hodinami

    A lot of money

  41. Dank Meme Lord

    Dank Meme LordPřed 15 hodinami

    "cars aren't necessary" is such a poor shaming comment. I've been forced to not have a car before, and it can cost MORE than having one

  42. Charming nowhere to hide

    Charming nowhere to hidePřed 15 hodinami

    80% of his income is from CSgos? So basically the he’s a CSgosr, interesting he doesn’t lead with that 🤪

  43. Patrick Bateman

    Patrick BatemanPřed 15 hodinami

    What a boring f*cking life. Never seen a Brinks truck following a hearse

  44. Charming nowhere to hide

    Charming nowhere to hidePřed 15 hodinami

    warehouses and managing them that are easily making 70k plus which is a decent living and wage. I for instance, have a job that i made over 70k not by much, but with a hsd

  45. Patrick Bateman

    Patrick BatemanPřed 15 hodinami

    Kevin is uptight about what goes into his body except c*ck when he’s getting pegged

  46. P Mason

    P MasonPřed 15 hodinami

    So a kid makes $1 mil a year and he needs a rebate to buy a luxury electric car. EV subsidies = welfare for the rich.

  47. Jackson Bach

    Jackson BachPřed 15 hodinami

    How are cars not necessary?😂 In upstate ny they sure are

  48. Mr. Grey

    Mr. GreyPřed 16 hodinami

    Hey now be nice to my friend hey grandma how’s it going long time since I commented hope everything is good with you and yours and prayers to you and yours stay blessed my friend

  49. Jack T

    Jack TPřed 16 hodinami

    8...... pi why not.

  50. Junior Colada

    Junior ColadaPřed 16 hodinami

    And later the graham make another video to review this video again :)

  51. Raynal Reyes

    Raynal ReyesPřed 17 hodinami

    This is poor green screen work, you can see his head change shapes at times because of the light reflection....no one saw this really?

  52. aziznitro

    aziznitroPřed 17 hodinami

    What’s the point of having money if you don’t spend it and enjoy it? I’m all for savings but not so excessively. Live and enjoy life man, you only live once.

  53. Salim Zaidi

    Salim ZaidiPřed 17 hodinami

    Kevion o leary lied about not owning bitcoin.

  54. Salim Zaidi

    Salim ZaidiPřed 17 hodinami

    cool video though

  55. KYoss68

    KYoss68Před 17 hodinami

    I can think of a lot more fruitful ways to burn 1.6M a year than living in that shithole.

  56. CornealSlinky15

    CornealSlinky15Před 18 hodinami

    “Smash the like button for the CSgos algorithm” he said it, he said the line

  57. Louis Greenwood

    Louis GreenwoodPřed 18 hodinami

    Wait so let me get this right, you can use working at home/home office as a tax break? Someone please clarify <a href="#" class="seekto" data-time="75">1:15</a>

  58. The Official Andy Saenz

    The Official Andy SaenzPřed 18 hodinami

    His MONTHLY income is $150,000! Most people don’t make that kind of money in 1 YEAR! WOW 🤯 #mindblown

  59. David S

    David SPřed 18 hodinami

    Graham acts like the home office deduction pays for his mortgage. That’s ridiculous. Maybe like a month or two each year.

  60. Antonio Robinson

    Antonio RobinsonPřed 18 hodinami

    I’m more impressed that Kevin O’ Leary was able to get away with murder. Can you show us how you did that? Would be really useful.

  61. Jay Jackson

    Jay JacksonPřed 18 hodinami

    Before you listen to Kevin about Diversification, check out some other billionaires on the subject, such as Charlie Munger, Gates and Bezos. Lots of them got that way by revenue concentration NOT diversification. If you cant think for yourself, then go ahead and diversify.

  62. Todd m

    Todd mPřed 18 hodinami

    All going to college is gonna get ya is a chance a better than min wage job (often that still isnt saying much). Being rich, (id say over a 250k a year u can spend, not gross. Has more to do with ur ability to sell urself. There are plenty of professionals that have limited or no college (obv excluding professions that require degrees). Their people running warehouses and managing them that are easily making 70k plus which is a decent living and wage. I for instance, have a job that i made over 70k not by much, but with a hsd and some college but my career path only requires a hsd. The people at the top with only that, are making 110k plus easy. Add to that their retirements are 6k plus a month and the retirement age is 50 or 55 dep on start date

  63. J Dub 561

    J Dub 561Před 18 hodinami

    Graham ROCKS! Such great content!!!!!

  64. Willow

    WillowPřed 18 hodinami

    So he's into the Real State business. We got it, there aren't secrets in it. Owning land and/or property in a capitalist economy will secure, if not boost your wealth. Thank you--sips from his $1.00 home-made mocha.

  65. InsaneFire10YT

    InsaneFire10YTPřed 18 hodinami

    oh no the algorithm brainwashed Kevin too!

  66. Mr. Cool

    Mr. CoolPřed 19 hodinami

    Wonder how the rich get richer? Look at our tax codes that make it easy if you have $$$.

  67. Spinal2111

    Spinal2111Před 19 hodinami

    wow $60k for a first house, America really has limitless possibilities, foreclosure or not. I don't think there is any house that cheap, ever, here in Canada.

  68. William Kazenas

    William KazenasPřed 19 hodinami

    I cant believe the first <a href="#" class="seekto" data-time="90">1:30</a> where he cash flows on rent. How did he acquire these properties? How did he get them below market value enough yo cash flow on rent in Los Angeles thats absurd

  69. Mike McKenna

    Mike McKennaPřed 19 hodinami

    Your own car is great during a pandemic Kevin.

  70. Cole Lutz

    Cole LutzPřed 19 hodinami

    I never buy Starbucks and I’m not a millionaire yet :(

  71. Erik Gabriel

    Erik GabrielPřed 19 hodinami

    I got sent to continuation high school this year already sold 1mil revenue in my business. I had all F”s in school. Looking into buying a 3 unit now. I’m 19 it’s possible guys! I’m not posting this to brag!

  72. a-a

    a-aPřed 19 hodinami

    The only reason he is saying buy a Tesla is so his stock raises! Buy a civic/ corolla if you only need to get from A to B!

  73. Langston Richardson

    Langston RichardsonPřed 19 hodinami

    Why are we seeing Graham Stephan immediate response video?

  74. Chris Hansen

    Chris HansenPřed 19 hodinami

    Mr wonderful 😍😭

  75. OHKPodcasts

    OHKPodcastsPřed 20 hodinami

    why would you have 25 suits that last forever..

  76. Social Justice Warrior

    Social Justice WarriorPřed 20 hodinami

    I love Kevin O’Leary, and just discovered this channel 😘

  77. Jam Pac

    Jam PacPřed 20 hodinami

    Money won't stop that hairline creeping up lol. No hate. But interesting how likely Graham will look like Kevin when he gets to that age 🤷🏾‍♂️🤷🏾‍♂️

  78. cold2d

    cold2dPřed 20 hodinami

    Smash the like button to help the algorithm :D

  79. Farley 925

    Farley 925Před 20 hodinami

    Grahams monthly budget is well more than what I make a month.. and I haven't stopped working this year yet. Graham knows how to make sweet love to California .. while I'm passing the K-Y 😖

  80. Said Aarab

    Said AarabPřed 20 hodinami

    Do I get it wrong or does he make more money being a CSgosr than a real estate agent ? 300 K /year as an agent/owner. Over a million with CSgos, lol. It’s not the property investments that made him a millionnaire I think.

  81. Said Aarab

    Said AarabPřed 20 hodinami

    Do I get it wrong or does he make more money being a CSgosr than a real estate agent ? 300 K /year as an agent/owner. Over a million with CSgos, lol. It’s not the property investments that made him a millionnaire I think.

  82. Ngeleiatoko

    NgeleiatokoPřed 20 hodinami

    Spends 1% and saves 99% Well dude spending some money during your 30s will NEVER come back those are the golden years my friend if you don't have a good time during those years It doesn't matter how rich you are when your 50 or 60 it's never the same

  83. Terry Weiss

    Terry WeissPřed 20 hodinami

    Can’t believe you don’t know MM. totally real deal , BUT makes a ton on CSgos revenue

  84. Rad Reviewz

    Rad ReviewzPřed 21 hodinou

    Buying great suits vs expensive posh brand names is a totally different thing. I don't think Kevin disagrees as much as he didn't understand that point specifically. Cheap can be expensive, long-term.

  85. Jason Olinger

    Jason OlingerPřed 21 hodinou

    So funny MR. W saying the main reason Graham is so happy is because his girl doesn't spend money lol tell it like it is.

  86. Adam Craig

    Adam CraigPřed 21 hodinou

    I dont understand it. I feel like he would rather save a dollar and damage his health that spend on something better quality

  87. Casey Burgess

    Casey BurgessPřed 21 hodinou

    What is he saving for? Just exploiting tax efficiencies but not actually contributing back into society ?

  88. Luxury Beats

    Luxury BeatsPřed 21 hodinou

    <a href="#" class="seekto" data-time="181">3:01</a> I dont waste money...I just have 25 of the same suits

  89. Jack McDonald

    Jack McDonaldPřed 20 hodinami

    He wears them on his CSgos and on shark tank so he probably writes it off as a business expense lmao.