Young black people who became millionaires before turning 18

Mildred Europa Taylor February 07, 2020
Young black people who became millionaires before turning 18

Mikaila Ulmer

The 14-year-old founder and CEO of Me & the Bees Lemonade based in Austin, Texas, U.S. started her company as a lemonade stand at the age of four. She was inspired to start this business after making a product for the Acton’s Children’s Business Fair and was stung by a bee. After her great-grandmother sent her family a recipe book that had a recipe for Flaxseed Lemonade, she became obsessed with bees and their effect on the environment. In 2009, at the age of 4, she started a simple lemonade stand which has since developed into a full-blown family business sold in several food stores in Arkansas, Louisiana, Oklahoma, and Texas. In 2015, Ulmer started supplying Whole Foods with Me & The Bees Lemonade in an $11 million deal.

Ulmer, who was named one of TIME magazine’s most influential teens of 2017 has visited the White House and met former President Barack Obama on several occasions. In 2017, she mentioned that she was writing a children’s book on how to start and grow a business.

Last Edited by:Kent Mensah Updated: February 7, 2020

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