Business

From Rags To Riches : Diego Aponte

From Rags To Riches : Diego Aponte

Diego Aponte, currently estimated at a net worth of $9 million, is a serial
entrepreneur based out of Tampa, Florida. A businessman at heart, Diego started as early as 1st grade, when he started selling tapes and CDs. He would get song request lists from other students, go to his family home, record them and sell them for profit. Being the eldest among his siblings, Diego naturally became responsible at a young age. He faced tough living conditions, grew up watching his mother work two, sometimes three jobs and spend his whole childhood living in low income neighbourhoods. However, all the responsibility and roughness made him only stronger, encouraging the ambition to make money and overcoming his lifestyle.

As surprising as it sounds, Diego read the book ‘Rich Dad Poor Dad’ in 6th grade which opened his mind even more towards money making and business. One of his proudest moments was finding his first deal at 12 years old on a school bus at 6am. Diego was able to put a deal together between his dad and the owner of the property which led him to earn a $5k check at the age of 12. He later went on to buying his first house at the age of 15!

Diego graduated from high school and got a job for a family friend who owned a company doing inspections on REO properties. The year was 2010 and the country was in a very depressed state. Soon he had a family friend who reached out to him, looking to acquire assets in Tampa, Florida. Diego quit his job and began sourcing inventory.

He sold all the scrap gold he had saved up, took all the cash he had and invested it. He bought a property for $13k and was able to sell to the hedge fund for $20k. From there on, he would flip properties to other hedge funds, investors, investor groups, remodel them and sell to families. Today, Diego owns over $50 million in real estate assets. He’s been involved in over $1 billion worth of real estate transactions and is currently builds homes and multi family properties internationally and in different parts of the US.

Today, Diego owns a Jewellery store, a used car dealership and body shop. He resells sneakers in multiple stores, has an e-commerce store, a product that is pending patent, and a roofing company. Additionally, Diego educates people in real estate.

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