Vietnamese girl becomes American millionaire at age 27
As an immigrant from a poor background, Jenny Ta rose to become the owner of a billion-dollar company and now has assets worth hundreds of millions of dollars.
Jenny Ta was born in 1972 in Vietnam in difficult circumstances, with her father a prisoner of war and her mother raising two children alone. When Jenny was 5 years old, her mother took her and her brother to Hong Kong to make a living. Three years later, they came to the United States with little English and no education.tube in the immigrant area.
Jenny Ta started her business career when she helped her mother run the family's small restaurant. Photo:Millennial Magazine |
The America in Jenny's memory is just a second-hand clothing store on Salvation Army Street, the city.Fresno, California. In the early days in America, the three of them lived on a small allowance. Her mother did not have enough money to buy toys for Jenny, so the 8-year-old girl oftenstood for hours in front of the store just to look at them and wish they were there.
Jenny's special living conditions make her more mature than her peers. At only 10 years old, she is determined to study hard to get a good job and support her mother.Every day after school, Jenny runs back to her mother's small restaurant to help her with everything from washing dishes to serving.
Because her family's finances were tight, after graduating from high school, Jenny Ta decided to study a major that would help her find a job easily. She chose Information Management Systems because technology was hot at the time and recruitment demand was high.
Jenny Ta earned her bachelor's degree in just three and a half years and, thanks to her excellent academic performance, was invited to work at Shearson Lehman Securities. Although she had a stable job at a prestigious company, Jenny was never satisfied. The desire to run her own company always burned within her. To prepare for her future business career, Jenny studied for a Master's degree in Business Administration.
Working on Wall Street and witnessing huge money flows every day, Jenny had the ambition to own her own securities company. At the age of 25, Jenny Ta founded Vantage Investments, a financial company with 50 employees, all of whom were men. However, after a few months of operation, her company was losing tens of thousands of dollars every month.
To revive the company, Jenny Ta asked her mother for help and borrowed $100,000 with the promise to repay both principal and interest within a year. Learning from her previous losses, Jenny Ta carefully analyzed and evaluated the market. After only 2 months, her company started to make a profit and Jenny paid her mother in full. In 1999, at the age of 27, she earned millions of dollars from the company's profits.
In 2001, Jenny sold Vantage Investments and earned a large sum of money. Three years later, Jenny Ta continued to establish Titan Securities, a larger company than Vantage Investments. Her company provides many services such as: securities investment consulting, mergers and acquisitions, and capital mobilization.
With her financial experience, Jenny led Titan to operate effectively from the very beginning. After only half a year of operation, Titan was offered to be acquired by a group of investors on Wall Street at a high price. At the age of 32, Jenny Ta has assets of up to 250 million USD.
After nearly 20 years in the financial industry, Jenny Ta suddenly switched to the field of social media. Photo:CNN |
Successful in finance and famous on Wall Street, Jenny Ta then made a dramatic shift to the media sector when she founded Sqeeqee in 2013. This is the first company in the world to create a social media network that helps users connect and make money.
The idea for Sqeeqee came to Jenny Ta quite suddenly. While exercising at the beach near her home in Huntington Beach, Jenny Ta suddenly had the idea to create a social media network for users to interact and make money. Jenny sketched out the idea on the beach sand and then used a marker to trace the plan on the T-shirt she was wearing.
After that, Jenny Ta decided to sell her house in Huntington Beach and use the money to found the company Sqeeqee. She recruited talented programmers to turn the idea of a social media network into reality. The social network Sqeeqee includes many features such as searching, posting videos, connecting users, buying and selling online... integrated on a multi-dimensional platform.
By simply creating an account, users can connect with millions of people, share photos, videos or easily buy and sell media products with the community. Currently, Sqeeqee is newly developed in the US and is highly appreciated by users. According to experts, the company Sqeeqee is currently valued at over 1 billion USD.
"Have faith in your ideas. If you have an idea, don't wait, just do it."Jenny Ta sharedsecret of success
After English, Jenny is now also developing her social media network with Vietnamese interface.