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
A post on X could move trillions of dollars due to the power that retail investors hold
13 hours ago
Despite a poor start, the contestant came close to winning the big prize.
15 hours ago
The retailer had to face big losses as customers abused the no questions asked return policy.
16 hours ago
The President is reportedly looking to pass tax breaks using reconciliation.
17 hours ago
"Monetary policymakers would face tradeoffs between unemployment and inflation," Fed governor said.
17 hours ago
Florida Hardware purchased these treats and distributed them to feed stores in Alabama, Florida, Georgia, North Carolina, and South Carolina.
17 hours ago
The Democrats will make affordability a huge campaign issue ahead of the November elections.
18 hours ago
He believes that the situation is similar to what the country witnessed before the 2008 crash.
20 hours ago
A new report suggests the investment led growth had made the rich richer and put pressure on workers
1 day ago
The low-middle class of the country is feeling the crippling pressure of the affordability crisis
1 day ago
Thankfully, no illness or injury has been reported yet because of the foreign objects.
1 day ago
The OpenAI boss believes that it is impossible to scale such a model at this moment.
1 day ago
He asked Americans to forget about the stimulus checks until the tariffs issue is dealt with.
1 day ago
The technology will see millions out of jobs, cutting their spending power by a huge margin.
1 day ago
He spoke about the 5% wealth tax proposed in California as a starting point.
2 days ago
Child care costs are a major concern in Pennsylvania’s 7th District.
2 days ago
The Shark Tank investor believes that the new Mayor would tax people into oblivion.
2 days ago
The President's tariffs were recently adjudged illegal by the US Supreme Court.
2 days ago
“If Wendy’s wants to stay competitive, it needs mouthwatering vegan options—not another animal on the menu,” PETA president Tracy Reiman stated.
2 days ago