There are about 1,426 billionaires in the world this year.
They are the wealthiest of the wealthy. But only 29 members of this elite list
are under 40 years old, with that exciting combination of money and youth.
Those 29 have a total of $119 billion between them. Ten come
from the technology sector, including four from social networking giant
Facebook. Eleven come from the United States, the rest from countries abroad. While
Five are newcomers to the billionaire ranks.
Age: 28
Net Worth: $3.8 billion
Moskovitz, Mark Zuckerberg‘s former roommate,
no longer works at Facebook, the social networking giant that he co-founded. A
signee of Bill Gates‘ and Warren Buffett’s Giving Pledge, Moskovitz bikes to
work, flies commercial, and pitches his own tent at Burning Man.
Age: 28
Net Worth: $13.3
billion
Few CEOs of any age
are under more media scrutiny than Zuckerberg (who’s only 8 days older than
Moskovitz). Since taking Facebook public in May 2012, and getting married days
later, the hoodie-wearing founder has seen his net worth rise and fall with
every fluctuation of the stock price.
Age: 29
Net Worth: $1.5
billion
Albert von Thurn und
Taxis first appeared in Forbes’ billionaire rankings at age 8 but officially
inherited his fortune in 2001 on his 18th birthday. The eligible bachelor is
also a race car driver and tours with a German auto-racing league.
No. 4: Scott Duncan
Age: 30
Net Worth: $5.1
billion
Duncan is the
youngest of the four children who inherited the massive fortune of late energy
pipeline entrepreneur Dan Duncan, founder of Enterprise Products Partners.
Today the company owns more than 50,000 miles of natural gas, oil, and
petrochemical pipelines.
Age: 30
Net Worth: $2.2
billion
Facebook co-founder
Saverin renounced his United States citizenship in 2011, news of which broke
days before the company’s IPO and drew accusations of tax evasion. Saverin,
immortalized in The Social Network as Mark Zuckerberg’s onetime best friend,
settled a lengthy legal battle with Facebook, apparently receiving a 5% stake.
A Brazilian citizen, he now resides in Singapore and invests in startups.
No. 6: Huiyan Yang
Age: 31
Net Worth: $5.7
billion
Yang, the daughter of
the founder of real estate developer Country Garden Holdings, is once again
China’s richest woman. Her father transferred his stake to the Ohio State grad
before the company’s IPO in 2007.
No. 7: Fahd Hariri
Age: 32
Net Worth: $1.35
billion
Hariri is the
youngest son of slain Lebanese Prime Minister Rafik Hariri. He graduated from
the Ecole Spéciale d’Architecture de Paris in 2004. While still a student, he
ran an interior design studio on the outskirts of the city, and sold furniture
to clients in Saudi Arabia.
No. 8: Marie Besnier Beauvalot
Age: 32
Net Worth: $1.5
billion
Marie, along with
siblings Emmanuel, 42, and Jean-Michel, 45, inherited French dairy giant
Lactalis, producers of popular Président brie among hundreds of other cheese,
milk and yogurt brands.
No. 9: Sean Parker
Age: 33
Net Worth: $2 billion
Parker is revamping
his much hyped start-up, Airtime, with the hopes that the video chat site will
have the impact of his other Web companies. At 19, Parker skipped college to
disrupt the recording industry with music swapping site Napster. He served as
Facebook’s first president at age 24.
Age: 34
Net Worth: $1.35
billion
Hariri is the son of
slain Lebanese Prime Minister Rafik Hariri. He’s involved in running Saudi
Oger, one of Saudi Arabia’s biggest construction companies, and the source of
the Hariri family fortune.
No. 11: Yvonne Bauer
Age: 35
Net Worth: $2.4
billion
Bauer owns 85% of her
family’s publishing empire. She is the fifth generation of the family to run
the Bauer Media Group, which was founded in 1875. It publishes 570 magazines in
16 countries.
No. 12: Yoshikazu Tanaka
Age: 36
Net Worth: $1.8
billion
Founder and CEO of
social-network game site operator Gree, Tanaka has faced stiff competition this
year from archrival DeNA and a game initiative by NTT DoCoMo, the giant
cellphone carrier. To get back on track, Tanaka moved to partner with Yahoo
Japan and went on a buying spree.
No. 13: Maxim Nogotkov
Age: 36
Net Worth: $1.3
billion
Nogotkov got his
start selling computer programs while in school and later began selling
cordless phones. He dropped out of college in order to have more time to focus
on building his business. He later founded cell phone retailer Svyaznoy.
No. 14: Alejandro Santo Domingo Davila
Age: 36
Net Worth: $11.7
billion
A Harvard history
grad, Domingo Davila is the eldest son from his jet-setting beer magnate
father’s second marriage. Now a managing director at a New York-based
investment advisory firm, Alejandro sits on the board of the Metropolitan
Museum of Art in New York.
No. 15: Jack Dorsey
Age: 36
Net Worth: $1.1
billion
Dorsey made a name
for himself as a cofounder and leader of 140-character microblogging company
Twitter, but most of his fortune is derived from his stake in mobile payment
company Square. The New York University dropout is a certified masseur known
for his eclectic interests, which include, among other things, punk music and
clothes.
No. 16: Serra Sabanci
Age: 37
Net Worth: $1.3
billion
Sabanci is the
daughter of Ozdemir Sabanci who was assassinated in 1996, and a board member of
the large conglomerate Sabanci Holding.
No. 17: Nicholas Woodman
Age: 37
Net Worth: $1.3
billion
GoPro founder and CEO
Nick Woodman built the first camera prototypes in his bedroom with his mom’s
sewing machine and a drill. GoPro came out with its first camera, a
35-millimeter waterproof film version, in 2004. Today, the camera shoots full
video in cinema quality HD, allowing anyone from professional surfer Kelly
Slater to amateur snowboarders to capture their adventures.
No. 18: Chase Coleman
Age: 37
Net Worth: $1.4
billion
The hottest young
money manager on the planet, Coleman cooled off a touch in 2012, but his Tiger
Global hedge fund extended its impressive winning streak, finishing a third
straight year with a net return in excess of 20%.
No. 19: Ryan Kavanaugh
Age: 38
Net Worth: $1 billion
Ryan Kavanaugh joins
the billionaire ranks for the first time this year thanks to his movie studio,
Relativity. Kavanaugh is making money by hitting singles and doubles like the
recent Safe Haven, which cost $25 million to make and has grossed more than $50
million at the box office.
No. 20: Andrey Verevskiy
Age: 38
Net Worth: $1 billion
Verevskiy started
trading in grain when he was 19 and founded Kernel Holding a decade later,
growing it into Ukraine’s largest sunflower oil producer. Last year, Verevskiy
was elected to Ukraine’s Parliament.
No. 21: John Arnold
Age: 38
Net Worth: $2.8
billion
Arnold shocked the
hedge fund world in May 2012 when he announced he was calling it a career at
age 38. Arnold and his wife Laura, who are signatories of the Giving Pledge,
plan to devote much of their time to philanthropy. The couple have already
given away more than $1.2 billion.
No. 22: Gary Fegel
Age: 39
Net Worth: $1 billion
Gary Fegel attained
billionaire status in May 2011 in the wake of Glencore’s IPO. After earning his
MBA from the University of St. Gallen, Fegel joined the alumina and aluminum
department at the commodities titan in 2001.
No. 23: Kostyantin Zhevago
Age: 39
Net Worth: $1.5
billion
Son of a mining
engineer, Kostyantin Zhevago took over Poltava Iron Ore, the largest exporter
of pellets in CIS, at the age of twenty two, and in 2007 he took his mining
company Ferrexpo public. An avid soccer fan, Zhevago owns FC Vorska football.
No 24: Dan Gertler
Age: 39
Net Worth: $2.2
billion
An emerging face of
irresponsible capitalism in Africa, Dan Gertler took his family’s fortune in
diamonds and invested it in mining assets in the Democratic Republic of Congo.
While in his 20s, he became a friend of Joseph Kabila, who then ran the
military and is now the DRC’s president.
No. 25: Ana Luia de Mattos Barretto Villela
Age: 39
Net Worth: $1.15
billion
Ana Lucia de Mattos
Barretto Villela belongs to one of Brazil’s oldest and most distinguished
banking families. She is one of the largest individual shareholders of a
holding company that controls Unibanco Holding S.A., one of Brazil’s largest
banks.
No. 26: Lee Seo-Hyun
Age: 39
Net Worth: $1 billion
She is the youngest
daughter of Samsung Chairman Lee Kun-Hee. A graduate of the Parsons School of
Design, she is vice president of the luxury goods and fashion division of Cheil
Industries (part of the Samsung Group), as well as a vice president at Cheil
Worldwide, Korea’s largest advertising firm.
No. 27: Fang Wei
Age: 39
Net Worth: $1.5
billion
Fang Wei is best
known for buying turnaround situations, especially those in the steel industry.
Fangda Group now has more than 30,000 employees across more than 10 provinces
in China.
No. 28: Sergey Brin
Age: 39
Net Worth: $22.8
billion
The Google cofounder
is now director of special projects at the Mountain View, Calif. search giant,
leaving his counterpart Larry Page to handle most day-to-day operations. Brin
oversees the company’s foray into hardware and futuristic endeavors like driverless
cars and augmented reality spectacles known as Google Glass.
No. 29: Larry Page
Age: 39
Net Worth: $23
billion
Google’s cofounder
and CEO since April 2011, Page saw the company through the $50 billion revenue
milestone in 2012. The stock rose nearly 30% in the past year, adding more than
$4 billion to Page’s net worth.
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