Wednesday, 22 January 2014

Top 10 Youngest Billionaires In The World Under 40

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Chennai: Many faces make an appearance in the billionaire list every year. But it is surprising to see that the list also comprises young talents and these young billionaires are under 40 years old. Some in the list have inherited the wealth and status from their ancestors but some have achieved the same because of their hard work and dedication. Truly an achievement!

Here is the list of 10 billionaires in the world who found wealth at a very young age, reports Forbes.


1. Dustin Moskovitz

Age: 28

Dustin Moskovitz is the youngest among others in this list of billionaires. He is an American internet entrepreneur and a co-founder of the social networking giant Facebook, along with Mark Zuckerberg, Chris Hughes and Eduardo Saverin. In 2008, he decided to leave Facebook and then co-founded Asana along with Justin Rosenstein. Forbes, in 2011, declared Dustin Moskovitz as one of the youngest self-made billionaires in the world and he was ranked based on his 7.6 percent share in his former company. His total net worth is around $3.8 billion.


2. Eduardo Saverin

Age: 30

Eduardo Luiz Saverin, a Brazilian internet entrepreneur and investor, was born in Sao Paulo to an affluent Jewish Brizallian Family. Saverin is one among the popular co-founder of Facebook. Currently he owns almost less than 5 percent shares of Facebook and his total net wealth is $2.2 million. He has also invested in some of the early-stage start-ups like Jumio and Qwiki.


3. Albert von Thurn und Taxis

Age: 29

Albert von Thurn und Taxis is the first billionaire who inherited billions at the young age of 18. He is the 12th prince of Thurn und Taxis and a German aristocrat too. After his father’s death in 1990, several times he has been listed in the world’s youngest billionaires list and surprisingly he was just eight year old at that time.  Apart from his father, his mother was also a popular media figure. Currently this eligible bachelor has a net-worth of $1.5 billion. Being a racing car driver, Albert regularly goes for tour with a German auto-racing league.


4. Scott Duncan

Age: 30

After Albert von Thurn und Taxis, it is Scott Duncan who inherited wealth and status after the death of his father Dan Duncan, who was the former richest man in Houston. Dan Duncan was an energy pipeline entrepreneur and the co-founder for the company called Enterprise Products Partners. Scott Duncan’s total net worth is around $5.1 billion and when the share price of Enterprise products rose he added another $1 billion to his fortune.


5. Mark Zuckerberg

Age: 28

Mark Zuckerberg is second in this list of the youngest billionaires. An internet entrepreneur and an American computer programmer, Zuckerberg has achieved a lot of fame for his invention of Face mash which is now popularly known as Facebook. When compared to other co-founders he is one best known co-founders of Facebook and currently he is the chairman and chief executive of Facebook. He has a total net worth of $15 billion and in 2010 he was named among the wealthiest and most influential people in the world by Time Magazine.


6. Huiyan Yang

Age: 31

The first woman in this list is none other than Huiyan Yang; she is one of the wealthiest individuals in mainland China. Huiyan is the daughter of Yang Guogiang, who started his company Biguiyuan in 1997 and transferred 70 percent of Country Garden's shares to her before its IPO in 2007. Her father is a self made billionaire and a founder of real estate developer Country Garden Holdings, a company which was worth $7.4 billion. Huiyan Yang got graduated from the Ohio State University in 2003. Her net worth is approximately $5.7 billion.


7. Fahed Hariri

Age: 32

Fahed Hariri is the youngest son of late Lebanese Prime Minister, Rafik Hariri. Fahed completed his graduation in Ecole Spéciale d'Architecture de Paris in 2004. Being a student, Fahd Hariri owned an interior design studio of his own in Paris, and also sold furniture to customers in Saudi Arabia. After his graduation in 2004 Fahd has grown his wealth and he is one of the wealthiest people in Lebanon as of 2013, alongside his elder brother Ayman Hariri. His other brothers Bahaa and Saad, as well as his sister Hind and mother Nazek, are also on the billionaires’ list. Fahed’s current net worth is around $1.35 billion.

8. Sean Parker

Age: 33

Being an entrepreneur, Sean Parker is the co-founder of file-sharing computer service Napster and also the first President of Facebook. He is also a co-founder for Plaxo, Causes and Airtime. In 1999 along with his friend Shawn Fanning, he created and launched Napster and raised around $50,000. Many recording labels opposed him as well as there were countries that filed law suit against him. But still Napster is considered as the fastest growing business of all time. Sean has a net worth of $2 billion.


9. Marie Besnier Beauvalot

Age: 32

Another lady billionaire in this list is Marie Besnier Beauvalot. Along with her siblings named Emmanuel, 42, and Jean-Michel, 45, inherited Lactalis, a company which their grandfather found in 1930. Lactalis, the French dairy giant is the producer of popular Président brie among hundreds of other cheese, milk and yogurt brands. Once when Besneir family acquired a major stake in Italian market in 2011 that was the first time when fairly opaque financials came in to light. The total net worth of Marie Besnier is around $1.5 billion.


10.  Ayman Hariri

Age: 34

Apart from Fahd Hariri, Rafik Hariri’s second son Ayman Hariri is also featured in the list. Currently Ayman Hariri manages Saudi Oger, which is one of Saudi Arabia’s biggest constructions company, and also a prime source of the Hariri family fortunes. His total net-worth is approximately $1.35 billion.

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