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Fortune

Orianna Rosa Royle

31-year-old millionaire sold his first business at 17 for over $100K—he lost it all in 15 months to bad investments: ‘I got cocky, I got arrogant’

(Credit: Courtesy of Tim Armoo)

Millionaire Timothy (or Tim) Armoo made his first fortune at 17, before he could even legally vote. He blew through every penny of it before he turned 19.

“I made my first bit of money at 17—that was the first business that I meaningfully sold,” Armoo told Fortune. “And then I lost all that money from that.”

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