Property the investment sector of choice for cashed up Millennials

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Property the investment sector of choice for cashed up Millennials

Invest / Direct Property Funds

Australia

Oct 30 2018

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27-year-old Kayla Itsines and husband Tobi Pearce, 26, have come in at number 5 of the Young Rich List. With an estimated net wealth of $486million from their fitness app, “Sweat” which has over 40 million users, paying $20 per month, last year the pair were ranked 40^thwith a combined wealth of $63million.

With a combined social media reach of more than 35 million people, Sweat is available in seven languages in 155 countries. More than 30 million users have created an account. The subscription?based app generated $90 million in revenue in 2017-18.

The pair owns 12 investment properties in Adelaide.

Read more here on MP Funds Management's new investment platform Golden Goose Capital.

Read more here on Millennial Investment habits.

Subscribe to the MP Report here and find out more about Golden Goose Capital here.

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