Imagine being a millionaire by 18… Well, 16-year-old Fraser Doherty is on his way to becoming one. And get this – he’s nearly a millionaire thanks to jams. No, not jams as in tunes, jams as in the kind you eat on your saarmies! The British jammer got a £5 000 bank loan to work on his first range of three "no-added-sugar 'super fruit' spreads" which he says were recipes from his Gran. Fraser was so confident in his product that two huge supermarket chains decided to start stocking his jams and, as they say, the rest is history. The company made about £800 000 in 2008, so another good year and he’ll be a millionaire before he turns 18!
Tuesday, October 27, 2009
Millionaire by 18?
Imagine being a millionaire by 18… Well, 16-year-old Fraser Doherty is on his way to becoming one. And get this – he’s nearly a millionaire thanks to jams. No, not jams as in tunes, jams as in the kind you eat on your saarmies! The British jammer got a £5 000 bank loan to work on his first range of three "no-added-sugar 'super fruit' spreads" which he says were recipes from his Gran. Fraser was so confident in his product that two huge supermarket chains decided to start stocking his jams and, as they say, the rest is history. The company made about £800 000 in 2008, so another good year and he’ll be a millionaire before he turns 18!
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