UK Teen Makes £1 Million Selling Ads

UK school boy Christian Owens has made his first million at the age of 16 selling advertisements on the Web - and he won't stop until is business makes $100 million.

Inspired by Apple CEO Steve Jobs, Owens first started the website Mac Box Bundle when he was just 14 years old.

The website offers a combination of Mac software, costing between $100 to $400 for a one time download, and donated 10 per cent of his earnings to charity.

Mac Box Bundle has managed to make him £700,000 since its launch in 2008.

After the success of Mac Box Bundle, Owens set-up an online advertising platform called Branchr, which currently employs eight people in US and UK and helps websites sell adverts to advertisers.

The platform made £500,000 in its first year and now has betting website William Hill and social networking platform MySpace as clients.

In an interview with The Daily Mail, Owens said: “Mac Box Bundle was already becoming a success but I really wanted to push myself and do something different, so I came up with the idea of Branchr. I think everyone has business sense in them, they just need to gain experience and be determined to make it.”