Rainbow Loom bracelets are the number one fad among young Millennials (and some adults) right now, and were inspired by the inventor’s “craft-obsessed daughters.” Cheong Choon Ng, a U.S.

Rainbow Loom bracelets are the number one fad among young Millennials (and some adults) right now, and were inspired by the inventor’s “craft-obsessed daughters.” Cheong Choon Ng, a U.S. citizen originally from Malaysia, invented the DIY loom and represents the entrepreneurial American dream, something 20-25% of students want to pursue. (The Globe and Mail)