10 Successful Companies Started by Kids

2. Sean Belnick

Founder and CEO of BizChair.com

At a tender age of 14, Sean Belnick spent $500 to build an online marketplace for office chairs. This site is known as BizChair.com, which is an internet retailer of office chairs, office furniture, restaurant furniture, church furniture, school furniture, home furniture, and medical furniture. The company is reported to have only 75 employees but provides more than 2,50,000 products. Belnick, at the age of 22, is said have a net worth of $42 million.

The e-tail site was ranked as no. 438 on the Inc. 500 list of Fastest Growing, Privately Held Companies in 2006 and ranked no. 272 in the Internet Retailer Magazine's top 500 in 2007. In 2008, it was ranked no. 37 in the Inc Magazine list of top 100 retail companies. You yourself can imagine the growth of this company.