Dominic McVey
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Dominic McVey, is what Londoners call a genuine diamond geezer. A Cockney boy, born and bred, you'd never know the difference between him and your average teenager - unless you happened to snoop at his bank balance. And then you'd discover that Dominic is the UK's youngest, self-made millionaire.
Dominic McVey is what Londoners call a genuine diamond geezer. A Cockney boy, born and bred, you'd never know the difference between him and your average teenager - unless you happened to snoop at his bank balance. And then you'd discover that Dominic is the UK's youngest, self-made millionaire.
Assured, gentlemanly but undeniably a mummy's boy, Dom is something of a phenomenon. At 11, he kicked off his entrepreneurial career by trading on the London stock market with his dad's credit card. There were no tears at bedtime because he made a profit. "Just hundreds," he'll tell you, nonchalantly.
But the hundreds multiplied fast when Dom discovered Arizona based scooter company, Viza Motors, on the internet. Spotting the commercial potential he emailed them, proposing a deal. They had no idea that their British business contact was a 14 year old whose cheques were being signed off by his mum, Val, but by the time Dom had negotiated the European distribution rights that didn't matter. The scooter had become the UK's must-have accessory of 2000 and Dom was receiving orders of up to 30,000 a time. His new company, Scootersuk, was valued at a cool £5 million.
Since then Dom has become a star in the UK. Channel Four made a documentary about his recent trip to Japan to discover the Next Big Thing. He writes a business advice column in teen magazine J17 and he's even assisting the government in a campaign to make the internet safer for kids. A keen advocate for teenage rights, he plans to set up a youth consultancy under his umbrella group, Dominic McVey Enterprises.
Never a big fan of school - "Teachers haven't taught me anything," he says - Dom won't be going back in the autumn. But for all those who do have to hit the books again he arranged a little back-to-school entertainment. He hosted Garage Picnic - the UK's first exclusively under-18s music festival - in London. With 20,000 tickets on sale, it was a little bigger than your average teenage bash.
In 2006 The Sunday Times Rich List estimated Dom's worth at approximately 7m and Dom is showing no signs of slowing down. His current business interests are reported to be property, music and cosmetics.







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