Monday, January 11, 2016

Millennials with mega-bucks: The 11 youngest billionaires in the world

By • Bankrate.com

1. Mark Zuckerberg

Mark Zuckerberg © RICK WILKING/Reuters/Corbis
Age: 31
Worth: More than $46 billion
How he made his billions: Facebook.
Which millennials have serious money, at an age when many of us are still drowning in student debt?
Bankrate reviewed various published reports and found that Facebook co-founder Mark Zuckerberg remains atop the list of the richest individuals under 35.
With an estimated net worth bigger than the economies of many countries, he ranks 16th on the Forbes list of richest billionaires in the world.
See whose net worth puts them right behind "Zuck" in the young billionaires club.
Editor's note: Net worth figures were current as of Nov. 30, 2015.

2. Dustin Moskovitz

Dustin Moskovitz | Photo courtesy of AsanaAge: 31
Worth: Around $9.5 billion
How he made his billions: Another young'un gilded by Facebook's popularity, Moskovitz worked on the site in its early stages with Zuckerberg. He went on to co-found Asana, a maker of project-management software for businesses.


 3. Eduardo Saverin

 

Eduardo Saverin © Then Chih Wey/Xinhua Press/Corbis

Age: 33
Worth: Around $6.4 billion
How he made his billions: Coming from a wealthy family, Saverin sued Zuckerberg after co-founding Facebook and not being given credit for it. Saverin settled out of court. He still is a part owner of the social network and also is an angel investor for other companies.
Yang Huiyan © Imaginechina/Corbis

4. Yang Huiyan

Age: 34
Worth: Around $5 billion
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.

 5. Scott Duncan  

Age: 33 

Worth: Around $4.9 billion
How he made his billions: Duncan inherited his money from his father, who started energy pipeline company Enterprise Products. One of 4 children, Duncan's fortune grew by $1 billion in the past year after the company's stock rose.

6. Elizabeth Holmes

Age: 31
Worth: Around $4.5 billion
How she made her billions: America's richest self-made woman billionaire, Holmes founded a blood-testing company, Theranos, in 2003.
Elizabeth Holmes © BRENDAN MCDERMID/Reuters/Corbis 
 

  7. Nathan Blecharczyk

Nathan Blecharczyk © Imaginechina/Corbis Age: 32

Worth: Around $3.3 billion
How he made his billions: Blecharczyk 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.

8. Brian Chesky

Brian Chesky © Kim Kulish/Corbis 

Age: 34
Worth: Around $3.3 billion
How he made his billions: With Blecharczyk, Chesky co-founded Airbnb and now serves as CEO of the "sharing economy" lodging company.

 

9. Joe Gebbia

Age: 34
Worth: Around $3.3 billion
How he made his billions: Gebbia is the 3rd co-founder of Airbnb (with Blecharczyk and Chesky) and is the company's chief product officer. He and Chesky met while attending the Rhode Island School of Design. According to Forbes, Airbnb grew out of an air-mattress rental operation that the 2 launched in San Francisco during a time of peak demand for hotel rooms.

Joe Gebbia © Jan Haas/dpa/Corbis

10. Tom Persson

Age: 30 

Worth: Around $2.8 billion

How he made his billions: Persson is the grandson of the founder of the Swedish "cheap chic" clothing chain H&M. He graduated from Met Film School in London and is now in the movie production business.

 11. Fuli Zong

Kelly Zong Fuli © Imaginechina/CorbisAge: 33

Worth: Around $2.7 billion
How she made her billions: Zong, also known as Kelly Zong, is an executive with Hangzhou Wahahah Group, the Chinese beverage and clothing conglomerate founded by her father.