Sunday, April 28, 2024

10 youngest billionaires in the world

Mark Zuckerberg © RICK WILKING/Reuters/CorbisMark Zuckerberg, 31

This year, boy-wonder billionaire and Facebook co-founder Mark Zuckerberg, 31, maintained his top spot on the list of the richest individuals 35 and under. His net worth is estimated at $33.4 billion, landing at the 16th-richest in the world.

But who else made the cut at an age when many are still drowning in student debt?

Bankrate took a look at published reports and compiled a list of 10, other than “Zuck,” who are 35 and younger and at billionaire status. While some inherited their fortunes, most continue to work hard for their money in various fields.

Here are the top 10 in order of wealth.

Dustin Moskovitz

Worth: Around $9.3 billion

Age: 31

How he made his billions: Another youngin’ gilded by Facebook’s popularity, Moskovitz worked on the site in its early stages with Zuckerberg. He went on to co-found Asana.

Scott Duncan

Scott Duncan © popular business/Shutterstock.com

Worth: Around $5 billion

Age: 32

How he made his billions: Duncan inherited his money from his father, Dan Duncan, who started energy pipeline company Enterprise Products.

Yang Huiyan

Yang Huiyan © Imaginechina/Corbis

Worth: Around $5 billion

Age: 34

How she made her billions: Yang Huiyan’s father, Yeung Kwok Keung, created the high-end Chinese real estate development company Country Garden Group. Prior to the company’s Hong Kong IPO in 2007, Keung transferred his shares to his daughter. She is in charge of the company’s development strategies.

Eduardo Saverin

Eduardo Saverin © Then Chih Wey/Xinhua Press/Corbis

Worth: Around $5.3 billion

Age: 33

How he made his billions: Coming from a wealthy family, Saverin sued Zuckerberg after co-founding the social site and not being given credit for it. He settled out of court. He still is a part owner of Facebook and also is an angel investor for other companies.

Elizabeth Holmes

Elizabeth Holmes © iStock

Worth: Around $4.5 billion

Age: 31

How she made her billions: The richest self-made female billionaire, Holmes founded a blood-testing company, Theranos, in 2003.

Marie Besnier

Marie Besnier-Beauvalot © popular business/Shutterstock.com

Worth: Around $2.5 billion

Age: 35

How she made her billions: She and her siblings inherited a French dairy company founded by her grandfather. The siblings now own 100% of the company and run it together.

Sean Parker

Sean Parker © GONZALO FUENTES/Reuters/Corbis

Worth: Around $2.5 billion

Age: 35

How he made his billions: He co-founded the file-sharing computer service Napster and served as the 1st president of the social networking website Facebook.

Tatiana Casiraghi

Tatiana Casiraghi © Stephane Cardinale/People Avenue/Corbis

Worth: Around $2.2 billion

Age: 31

How she made her billions: She became a member of Monaco’s royal family after marrying Andrea Casiraghi, 2nd in line to the throne. Her grandfather, Julio Mario Santo Domingo, owned Colombian brewery Bavaria until trading it for 15% of SABMiller in 2005.

Julio Mario Santo Domingo III

Julio Mario Santo Domingo III with actress Michelle Rodriguez © Stephane Cardinale/People Avenue/Corbis

Worth: Around $2.2 billion

Age: 30

How he made his billions: He is a New York City disc jockey and 1 of 4 heirs to his namesake grandfather’s Colombian beer fortune. Julio Mario Santo Domingo, who died in 2011, owned Bavaria brewery but sold it in 2005 for 15% of SABMiller.

Nathan Brecharczyk

Nathan Blecharczyk © Imaginechina/Corbis

Worth: Around $1.9 billion

Age: 32

How he made his billions: He is co-founder and chief technology officer of Airbnb, which lists 1.5 million homes, or rooms in people’s houses or apartments, for rental stays. He has a 13% stake in Airbnb.

SourceBank Rate

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