31-year-old millionaire has zero sympathy for unemployed Gen Z’s ‘excuses’—he says ‘it is scarily easy’ to build a business and get rich right now

Timothy (or Tim) Armoo became a millionaire before turning 30. Now, as Gen Zers blame a brutal job market and AI for their struggles, the millionaire entrepreneur isn't having any of it: He says this is actually the easiest moment in history to get rich.

"It is scarily easy" to build wealth right now, Armoo told Fortune . "This is the greatest era of wealth creation ever. And it kind of pains me when a lot of young people are like, 'I'm bored.' How can you be bored? This is the greatest technology ever in history, and you're not obsessing over it."

He added, "In 2026, if you're talking about the small things [that you can do to become successful], one of the most obvious things is to build relatively small projects with AI."

Armoo knows more than most what it's like to make it, despite the odds being stacked against you. Sent to live with his grandmother in Ghana as a baby, he described the start of his life as "uncertain and dangerous." When he finally moved back to London, home became a council estate in the middle of gang violence and knife crime.

Yet despite arriving in the U.K. with no money, no network, and years of instability behind him, Armoo started his first business—a tutoring service—at just 14, scaling it to 65 tutors within six weeks. By 17, he already had an acquisition under his belt: the sale of his publication, Entrepreneur Express, to Horizon Media. In 2017, while most of his university peers were out partying, he spent his second year founding Fanbytes, an influencer marketing agency that went on to land clients like the U.K. government, Deliveroo, and Samsung . Brainlabs acquired it in 2022 for an eight-figure sum, when Armoo was just 27.

Armoo is putting his money where his mouth is—$6.7 million of it

It's no secret that Gen Z don't want nine-to-five jobs . Research, surveys, and snap polls have consistently revealed that the latest generation of workers want to be their own boss —and Armoo says AI has made that dream more achievable than ever. He's put real money behind the claim, too.

"AI enables you to think of an idea and put it out into the world," Armoo added. "And social media means that you don't need to pay someone in order to do it. You just need to spend time on the platform and just keep posting."

And he's backing that up with cash. Armoo's just launched Legon Fund , where he's committed £5 million (around $6.7 million) of his own cash to fund AI startups founded by minority entrepreneurs.

"The reason I did that was that my wealth wave was social media," he explained. "Now I think the wealth wave is AI, and I don't want anyone to say, 'Well, I had the idea, but I didn't have the money to distribute it.'