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 USproject 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.
Watch more Millennial Money here:
For more tactical advice from Mr. Wonderful watch #MoneyDisputes premiering today on Locked in a money battle? #AskKevin. Real stories, real solutions. Tell Kevin your story.
Check out Kevin O'Leary's channel here:
» Subscribe to CNBC Make It.:
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:
Find CNBC Make It. on Facebook:
Find CNBC Make It. on Twitter:
Find CNBC Make It. on Instagram:
Kevin O’Leary Reacts: Living On $1.6 Million A Year In Los Angeles | Millennial Money




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

    CNBC Make It.CNBC Make It.4 days ago
    • ❤️ 💛 💚 18+ ❤️ 💛 💚 18+ ❤️ 💛 💚 18+

      Tamara KoshelevaTamara Kosheleva6 hours ago
    • Totally read that wrong hahahah!

      tj Matustj Matus7 hours ago
    • I think Kevin will just press the Like button, not smash it, because he gave him a 8.2345 lol.

      superduperboyxsuperduperboyx8 hours ago
    • Kevin should start a business that helps people take ideas and make them into patented inventions.

      John BrownJohn BrownDay ago
    • Don't forget to DESTROY that like button!!!!

      InquiringMindInquiringMindDay ago
  • 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

    Jesse !Jesse !3 hours ago
  • 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?

    Shivangi TShivangi T3 hours ago
  • 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

    Jake CJake C3 hours ago
  • 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

    chairchair3 hours ago
  • At 26, only in my dreams. Good Luck on hitting $10 million bro.

    A SahaA Saha3 hours ago
  • He is a smart dude but he is cheap 😂

    Abdirahman IsseAbdirahman Isse3 hours ago
  • Doesn't he sell courses ?

    sixtyFive WattssixtyFive Watts3 hours ago
  • 100k a month from yt is solid af

    Noah GNoah G4 hours ago
  • 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

    NonameNoname4 hours ago
  • Billionaire reviewing millionaire 🤣 Great video.

    Shorab HossainShorab Hossain4 hours ago
  • LOL I love how you guys flipped it back. HAHA

    Eva NgEva Ng4 hours ago
  • So the key to success is to be cheap

    Dr. HouseDr. House4 hours ago
  • 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.

    Victor PopovVictor Popov4 hours ago
  • 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.

    aaric1703aaric17035 hours ago
  • 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.

    Mustardeer MMustardeer M5 hours ago
  • "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.

    Winston S.Winston S.5 hours ago
  • 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.

    Paul TorrisiPaul Torrisi5 hours ago
  • 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.

    Vwap Trader2019Vwap Trader20195 hours ago
  • 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.

    CandisCandis6 hours ago
  • yeah ok mr boat crash not a fan of owning anything transportation. Boats are the biggest waste of money

    Joe KyserJoe Kyser6 hours ago
  • Graham hasn't gotten so famous now, it's nuts

    MRios1128MRios11286 hours ago
  • 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

    Apache-Yaqui BrownApache-Yaqui Brown6 hours ago
  • Yikes... If y'all need someone who knows how to pull a proper chroma key, hit me up.

    Learn How To Edit StuffLearn How To Edit Stuff6 hours ago
  • Cars may not be necessary in places like LA or New York but they are kinda necessary in most places

    moronmonkey1moronmonkey16 hours ago
  • 56 seconds in and I can tell this is gonna be pretty awesome lmao

    Reegan KistlerReegan Kistler6 hours ago
    • Yeah this was awesome pls make more videos like this

      Reegan KistlerReegan Kistler6 hours ago
  • 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🤣🤣🤣

    Damn Im RichAFDamn Im RichAF7 hours ago

    Man RamirezMan Ramirez7 hours ago
  • Are we talking about coffee 🤦🏾‍♂️

    Daniel GrahamDaniel Graham7 hours ago
  • Kevin was lowkey flexing about his money lmao

    Niko BaezNiko Baez8 hours ago
  • Real estate agents are pure parasites

    ebulatingebulating8 hours ago
  • they are making money on us watching a video about them making money off us watching

    Ron CollinsRon Collins8 hours ago
  • The downside to money?, It makes people crazy" have fun boys!

    Gary EckelGary Eckel8 hours ago
  • A lot of money

    Zayden AlwaniZayden Alwani8 hours ago
  • "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

    Dank Meme LordDank Meme Lord9 hours ago
  • 80% of his income is from USproject? So basically the he’s a USprojectr, interesting he doesn’t lead with that 🤪

    Charming nowhere to hideCharming nowhere to hide9 hours ago
  • What a boring f*cking life. Never seen a Brinks truck following a hearse

    Patrick BatemanPatrick Bateman9 hours ago
    • 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

      Charming nowhere to hideCharming nowhere to hide9 hours ago
  • Kevin is uptight about what goes into his body except c*ck when he’s getting pegged

    Patrick BatemanPatrick Bateman9 hours ago
  • 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.

    P MasonP Mason9 hours ago
  • How are cars not necessary?😂 In upstate ny they sure are

    Jackson BachJackson Bach9 hours ago
  • 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

    Mr. GreyMr. Grey9 hours ago
  • 8...... pi why not.

    Jack TJack T10 hours ago
  • And later the graham make another video to review this video again :)

    Junior ColadaJunior Colada10 hours ago
  • This is poor green screen work, you can see his head change shapes at times because of the light one saw this really?

    Raynal ReyesRaynal Reyes10 hours ago
  • 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.

    aziznitroaziznitro11 hours ago
  • Kevion o leary lied about not owning bitcoin.

    Salim ZaidiSalim Zaidi11 hours ago
    • cool video though

      Salim ZaidiSalim Zaidi11 hours ago
  • I can think of a lot more fruitful ways to burn 1.6M a year than living in that shithole.

    KYoss68KYoss6811 hours ago
  • “Smash the like button for the USproject algorithm” he said it, he said the line

    CornealSlinky15CornealSlinky1511 hours ago
  • 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>

    Louis GreenwoodLouis Greenwood11 hours ago
  • His MONTHLY income is $150,000! Most people don’t make that kind of money in 1 YEAR! WOW 🤯 #mindblown

    The Official Andy SaenzThe Official Andy Saenz11 hours ago
  • Graham acts like the home office deduction pays for his mortgage. That’s ridiculous. Maybe like a month or two each year.

    David SDavid S12 hours ago
  • 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.

    Antonio RobinsonAntonio Robinson12 hours ago
  • 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.

    Jay JacksonJay Jackson12 hours ago
  • 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

    Todd mTodd m12 hours ago
  • Graham ROCKS! Such great content!!!!!

    J Dub 561J Dub 56112 hours ago
  • 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.

    WillowWillow12 hours ago
  • oh no the algorithm brainwashed Kevin too!

    InsaneFire10YTInsaneFire10YT12 hours ago
  • Wonder how the rich get richer? Look at our tax codes that make it easy if you have $$$.

    Mr. CoolMr. Cool12 hours ago
  • 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.

    Spinal2111Spinal211112 hours ago
  • 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

    William KazenasWilliam Kazenas12 hours ago
  • Your own car is great during a pandemic Kevin.

    Mike McKennaMike McKenna12 hours ago
  • I never buy Starbucks and I’m not a millionaire yet :(

    Cole LutzCole Lutz12 hours ago
  • 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!

    Erik GabrielErik Gabriel12 hours ago
  • 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!

    a-aa-a12 hours ago
  • Why are we seeing Graham Stephan immediate response video?

    Langston RichardsonLangston Richardson13 hours ago
  • Mr wonderful 😍😭

    Chris HansenChris Hansen13 hours ago
  • why would you have 25 suits that last forever..

    OHKPodcastsOHKPodcasts13 hours ago
  • I love Kevin O’Leary, and just discovered this channel 😘

    Social Justice WarriorSocial Justice Warrior13 hours ago
  • 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 🤷🏾‍♂️🤷🏾‍♂️

    Jam PacJam Pac13 hours ago
  • Smash the like button to help the algorithm :D

    cold2dcold2d14 hours ago
  • 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 😖

    Farley 925Farley 92514 hours ago
  • Do I get it wrong or does he make more money being a USprojectr than a real estate agent ? 300 K /year as an agent/owner. Over a million with USproject, lol. It’s not the property investments that made him a millionnaire I think.

    Said AarabSaid Aarab14 hours ago
  • Do I get it wrong or does he make more money being a USprojectr than a real estate agent ? 300 K /year as an agent/owner. Over a million with USproject, lol. It’s not the property investments that made him a millionnaire I think.

    Said AarabSaid Aarab14 hours ago
  • 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

    NgeleiatokoNgeleiatoko14 hours ago
  • Can’t believe you don’t know MM. totally real deal , BUT makes a ton on USproject revenue

    Terry WeissTerry Weiss14 hours ago
  • 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.

    Rad ReviewzRad Reviewz14 hours ago
  • 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.

    Jason OlingerJason Olinger14 hours ago
  • I dont understand it. I feel like he would rather save a dollar and damage his health that spend on something better quality

    Adam CraigAdam Craig14 hours ago
  • What is he saving for? Just exploiting tax efficiencies but not actually contributing back into society ?

    Casey BurgessCasey Burgess15 hours ago
  • <a href="#" class="seekto" data-time="181">3:01</a> I dont waste money...I just have 25 of the same suits

    Luxury BeatsLuxury Beats15 hours ago
    • He wears them on his USproject and on shark tank so he probably writes it off as a business expense lmao.

      Jack McDonaldJack McDonald14 hours ago