Graham Stephan explains why he spent $ 45,000 on an aquarium
Graham Stephan has always been frugal. Whether it’s pinching pennies for coffee or avoiding installing an air conditioner in the old set of his popular YouTube channel, the self-made millionaire isn’t the type to spend money on what. let it be unnecessary.
Even his Tesla was a savings experiment, with Stephan explaining in a video how the car will end up. pay for himself over its lifetime. “In the past, each of my purchases was very well calculated,” the 31-year-old told CNBC Make It. “I know if I’m going to spend the money on something, here’s how much residual cash it’s going to make for me or here’s how it’s a good deal.”
But Stephan made a recent purchase where he completely ignored his philosophy: his $ 45,000 aquarium. The massive 310-gallon tank sits in the entrance to his Las Vegas home, outfitted with changing color lights and filled with coral reefs and brightly colored fish.
Despite the high price tag – due to the money spent on the aquarium, filtration system, corals, and marine life – Stephan has no qualms about buying, which he admits is “purely an expense” .
Stephan has been “obsessed” with reef aquariums since he was young. “For me, this is the tank I would have installed when I was 12 if I had had what I wanted.”
When not in his office working on videos for his five YouTube channels, Stephan often tends to the marine life in his aquarium, watching fish, shrimp and hermit crabs go about their business. daily occupations.
“The level of fun I get from the aquarium is simply unmatched compared to any other experience I could buy,” he says.
He intends to keep spending on the aquarium and introducing new, sometimes expensive, fish to the aquarium. But with his annual income of $ 6.1 million and his lifelong passion for aquariums, he’s not worried about the price tag.
“It’s something I’ve always wanted,” says Stephan. “I’m not even looking at the cost of this aquarium.”
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