Reza Abbaszadeh: A young Millionaire working smart with his skills in various fields.
People take years & years to reach a comfortable position in life where they can afford to live the way they have always dreamt of & they achieve all this when they reach a certain age & stage in life. And, there are a few who do not wait for anything, all they know is to get hold of each & every opportunity to become a success story for people to take inspiration from. And, interestingly, the few lucky ones are those who manage to achieve all this while they are still in their 20s. Well, no matter how difficult it is to believe this but this stands absolutely true in case of one of the youngest millionaires we have today Mr Reza Abbaszadeh who at only 20 years of age proves to the world why he is the best in doing what he does.
Reza is a true blue young lad who swims along with the tides of life & grabs every opportunity life throws at him. Reza was born in 1998 in Iran & with his exceptional understanding of business trends & his keen interest in it since childhood made him Iran's youngest entrepreneur. Not leaving a single opportunity in life, Reza started earning money while he was in high school. By providing authenticated IELTS (International English Language Test System) degrees taking aid from neighbouring countries, Reza along with his friend offered them as the degrees from Iran were not considered eligible for use in the overseas. It was a successful venture & both of them earned $200,000.
To study a Pre-medical course, Reza in 2016 went to McDaniel College, Hungary, for six months & to further study medicine he went to Vienna University of Austria. But at a very tender age, Reza realised that to become more financially successful; he will have to do something bigger & better in life. So, he dropped out of the university & went to Berlin for starting a new life with a new career & that was to sell used clothes of luxury brands. This business of his became successful all over Europe, making him a supervisor at a famous luxury clothing brand. Here, he developed relations with business people from various fields like real-estate, stock market, export/import & petroleum product production.
His decision to invest in large & profitable businesses came after he took the risk of gambling after his Monte-Carlo visit where he turned into a professional poker player. Along with his investment plans in the fashion industry & waiting to create something of his own, he founded an investment banking platform called DigitalTreasuryInc. The investment vehicle has done more than $6million transactions in real estate covering around 407 units of multi-family properties in Europe & have also invested in other profitable sectors dealing in multi-million dollars.
Reza at just 20 has established his own empire that estimates in multi-million dollars which have been dealing with a number of investment opportunities in real estate, petroleum products & many other sectors as well, all across Europe. Fractional Reserve Banking remains his most lucrative business where by keeping the promises, he makes payments for the benefit of the depositors. He helps borrowers by offering them loans holding the amount in reserve equaling to a fraction of the capital deposit liabilities of his.
He is the magnate under 25 years of age & being awarded the "Youngest Iranian Businessman in 2019" having a net worth of nearly $12 Million as of April 2020. Working on his next venture called "BaxBeauty" which is an amalgamation of technology & beauty, Reza serves as a shining example to all the budding entrepreneurs who dream of starting something of their own & becoming victorious in their endeavours.