‘I want to go all-in on YouTube,’” he tells CNBC Make It.
When Covid-19 lockdowns began in mid-2020 and forced Stephan to stay in his relatively small Los Angeles home full-time, “it really made me re-evaluate where I wanted to be and where I wanted to work,” he says.
Consequently, the 31-year-old millionaire moved to Las Vegas. This is when he started working in his home instead of the garage where he used to record. Additionally, Stephan had prepared his house with a full office and a bedroom for his employees, as well as a professional podcast studio complete with soundproofed ceilings.
Now what is shocking about Stephan is his spending. Despite earning millions of dollars, the young enterpreneur goes for a frugal lifestyle. Here is his spending list:
- Las Vegas home: $6,448 for the mortgage, property taxes and HOA fees.
- Food: $820 covers restaurant spending and team dinners. Stephan’s girlfriend handles the couple’s monthly grocery bill.
- Car: $632 for his Tesla payment.
- Utilities: $570 for gas, electric and internet bills.
- Discretionary: $446 goes toward entertainment, pool tech, house cleaner and credit card fees.
- Insurance: $437 for health and car insurance.
- Phone: $50
- Subscriptions: $20 for Spotify and Amazon Prime.
