ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Once Homeless, Multimillionaire Simon Squibb Is Now Helping People Start Their Businesses

Today, he has become a mission-led entrepreneur and runs HelpBnk, which is a networking app where start-up founders can swap tips.
PUBLISHED APR 18, 2024
Cover Image Source: Simon Squibb | Instagram | Simon Squibb
Cover Image Source: Simon Squibb | Instagram | Simon Squibb

Simon Squibb, the British content creator, investor, and founder and CEO of HelpBnk, is also a popular TikTok creator. His videos on the video-sharing platform vary from vox pops and those in which he discusses his achievements. Squibb, who grew up in a middle-class family, had a tumultuous childhood. His dad suffered a heart attack right in front of him and soon after that incident, his parents separated.

In an interview with Enterprise Nation, he talks about the time he was "kicked out of home" by his mother. "I was kicked out of home at 15 years old. My father had just died, and my mother and I fell out and, yeah, she kicked me out of home, so I've gone from living in a secure, happy family environment to suddenly being on the street," he said.


 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Simon Squibb (@simonsquibb)


 

In the same interview, he also talked about how entrepreneurship was not a choice he made but rather a last resort. "At that time I didn't have access to a National Insurance card which is what you needed to get a job, so I had no choice but to start a company," he says, adding that he "still falls in love with the magic of you have an idea in your head" and then strives to make it real. Therefore, at the age of 15, Squibb started his first company which was a gardening firm. The firm later went on to make good money over the years. Squibb later moved to Hong Kong and started a business saying that it was the moment he realised" how big the world was." Squibb has so far spent 20 years of his life in Hong Kong and the other 10 in the UK. 


 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Simon Squibb (@simonsquibb)


 

After this, he went on to start a company called Fluid which he later sold to PwC. He was "pretty much retired at 40, playing golf and enjoying. All that changed when COVID-19 emerged as a global crisis." "I thought to myself: I'm not a doctor, so I can't go on the frontline and help in that way, but I can help people who were affected by COVID. And so, when I started The Purposeful Project, I realized there were a lot of people with COVID had also woken up," he tells Enterprise Nation. 

Today, he has become a mission-led entrepreneur and runs HelpBnk, a networking app where start-up founders can swap tips. According to his website, Squibb is the founder of the Help2Earn system which is the first of its kind. Currently, his mission is to help 10 million people start a business of their own and also help fix the education system. Furthermore, he is also the chief purpose officer at The Purposeful Project. 

Squibb also serves as an investor at several organizations including TableYeti, Podcast Radio, Heights, and Royal TW Water. Since the age of 15, Squibb has changed his life around from being broke and homeless to having accrued so much wealth while also trying to help others. As of 2024, the 49-year-old entrepreneur Simon Squibb's net worth is around £510 million, which is approximately $636 million, per The Sun.

MORE ON MARKET REALIST
Several major companies have pointed to AI as the major factor behind their workforce reductions.
13 hours ago
Reports estimate workers will soon push back against losing their jobs to AI.
1 day ago
The contestant came close to winning it all, but her mistake came right at the very end.
1 day ago
The retailer has often brought back items after a long gap, and the strategy usually always works.
1 day ago
From a sales perspective, Walmart has been on top for several years thanks to high revenue.
1 day ago
He believes that only the global elite will benefit from AI's growth on almost every single front.
1 day ago
He claimed that traditional ingredients had been replaced with cheap substitutes.
1 day ago
"So, they will always point the finger at the president and say it's his fault and not take the blame," they said.
1 day ago
"All it took was a president willing to impose tariffs, willing to present manufacturers with the appropriate economic incentives," they said.
1 day ago
The contestant was feeling good about his chances but ended up with nothing.
2 days ago
Several large-scale projects will be undertaken as part of the deal.
2 days ago
Stuart Russel says companies are playing Russian Roulette with humans, and governments should step in.
2 days ago
Healthcare providers cited rising costs and denied reimbursements as the reason for the shortfalls.
2 days ago
The affected products have been recalled as the FDA conducts a full-scale investigation.
2 days ago
The customer had to fight for the product that she was willing to purchase.
2 days ago
“It’s, I think, the worst paper I’ve ever seen in the history of the Federal Reserve system," Hassett stated.
2 days ago
The case is notable as it shifts focus from content responsibility, protected under Section 230 of the Communications Decency Act.
2 days ago
Vance has had varied opinions about the technology in the last year, some good and some bad.
3 days ago
The studio audience loved the segment as they cheered the two on whole-heartedly.
3 days ago
While Warsh compared the current situation with the internet boom, economists differ on the opinion.
3 days ago