The entrepreneur who reminds us it's OK to be motivated by money (Andrew Michael, not Usher!)

usher.jpgHe flew in US rapper Usher for this girlfriend’s birthday; he’s blinged out a Sikorsky helicopter with a sound system so large it now seats five not nine; and he’s converted a double decker bus into a five-bedroom stop over for champagne fuelled nights on the town in London.Embracing a celebrity lifestyle and lavish boys toys, you can see why the paps are increasingly aiming their lenses at 27-year-old Andrew Michael, who pocketed a cool £46m from the £61.5m sale of his company Fasthosts in May 2006.The Sunday Times ranks him 10th in its under 30s richlist with £70m and Andrew is brilliantly unapologetic. “I’ve always been obsessed by money,” he told newspaper CITYA.M. this morning.Why ‘brilliantly’? Well, why not?Andrew came from came from a humble working class background and was expelled from school. How many young people reach that tipping point and go a different route to the one Andrew pursued when he started Fasthosts from his bedroom in 1998?What better role model or advert for business? Many entrepreneurs modestly play down the millions they make, often seemingly embarrassed by it.At a time when it’s cooler to promote the social or lifestyle benefits to be had from going into business, perhaps we actually need a few more Andrew Michaels, flaunting the rewards of their hard work, to remind us of most entrepreneurs' true motivation: making fat piles of money.Andrew isn't finished yet, either. He's pumped £2.5m of his own money into new company Livedrive, an online file storage service, which he hopes starting trading in August. We reckon he's already working on the launch party!

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