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2014’s 10 Richest Single Male Entrepreneurs Under 35

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2014’s 10 Richest Single Male Entrepreneurs Under 35

A shockingly high 28 per cent of Americans are single – that’s more than one in four. While some people are looking for a partner they have many things in common with, others are simply looking to marry someone rich. With 9.63 million millionaires in the U.S. in 2014 according to CNN Money, the number of millionaires has reached a record high, making getting to know a millionaire the easiest it has ever been.

When former shop girl Kim Perez published her story in 2011 in the Daily Mail, the world was reminded that marrying a millionaire is not a scene out of a black and white movie but something that can become reality. Perez, 43 the time, came from humble beginnings and worked on her appearance and speech with the goal to be more appealing to single male millionaires. The transformation was so radical that her own friends did not recognize her anymore and even though many of her closest family members and friends did not approve, she did marry a millionaire who was fully aware of her motives.

The story of the British shop girl who married an American multi-millionaire went viral after Perez shared her story on the Daily Mail website. The article sparked nearly 600 comments and a reader discussion of whether marrying for money is ethical or not. Something that only a few people seemed to notice is that the modern cinderella story was perceived as a typical example of how women get rich through marriage, because the couple did not sign a prenuptial agreement. With more and more millionaires being women now, gold diggers and lovers of the finer things in life now have to combat their female millionaire opponents when trying to land a rich husband.

Most wealthy women are actually looking for partners who are at least equally as wealthy, and while some Cinderella stories stay true to the original, today’s women may have a fortune of their own. This article includes the top 10 richest single male entrepreneurs under 35 who certainly live up to high financial expectations.

10: Angelo Sotira

angelo

Net Worth: $75 Million
Date of Birth: February 14, 1981
Nationality: American
Source of Wealth: deviantART, Dimension Music, Artist Management Group, Lynx Technology Group

Angelo Sotira is an internet entrepreneur born in Greece. He founded his first company, Dimension Music, at the tender age of 15 and quickly caught a Disney executive’s attention. After selling Dimension Music, he worked for two years as a strategic advisor at Orvitz’s Artist Management Group and its investment arm Lynx Technology Group.

Since 2000, the American entrepreneur has been the public face and chief executive officer of devianArt, an online community for artists. He currently resides in Hollywood, California.

9: Naveen Selvadurai

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Net Worth: $80 Million
Date of Birth: January 27, 1982
Nationality: Indian
Source of Wealth: Foursquare

Naveen Selvadurai was born in India but moved to the United States to earn his Master of Science degree in Computer Science. In 2009, he co-founded Foursquare together with Dennis Crowley. Foursquare is a mobile-based social networking application where users can check in at locations like restaurants and stores to earn user points and badges when alerting their Facebook friends or Twitter followers of where they are.

In 2012, the company was valued at $600 million. AOL Small Business listed Selvadurai as one of the “World’s New Young Millionaires” and CNN featured him on its special “Restoring the American Dream: Getting Back To #1”.

#8: Pete Cashmore

petecash

Net Worth: $95 Million
Date of Birth: September 18, 1985
Nationality: Scottish
Source of Wealth: Mashable

Pete Cashmore is the founder and CEO of Mashable which he founded in 2005 at the age of 19. 2009 was Cashmore’s biggest year when it comes to public recognition of his talents when Forbes named former blogger one of the Top 25 Web Celebs. That same year, Inc. included him on the 30 Under 30 list and he made The Huffington Post’s Top 10 Game Changers 2009.

Additionally, INQ crowned him both the most influential Briton and the most influential Twitter user in the world. Last but not least, Time magazine named him as one of the most influential people in 2012.

#7: Mike Krieger

krieger

Net Worth: $100 Million
Date of Birth: March 4, 1986
Nationality: Brazilian
Source of Wealth: Instagram

Mike Krieger founded the photo and video sharing platform Instagram in 2010 together with a fellow student from Stanford University, Kevin Systrom. On April 9, 2012, Facebook acquired Instagram for $300 million in cash and $700 million in Facebook stock, a total of $1 billion.

The Brazilian software engineer had worked at Microsoft as part of the PowerPoint team and with Meebo, an instant messaging network, prior to co-founding Instagram.

#6: TIE (3): Justin Rosenstein, Blake Ross, Cameron Winklevoss, Tyler Winklevoss

blakeross

Blake Ross
Net Worth: $150 Million
Date of Birth: June 12, 1985
Nationality: American
Source of Wealth: Mozilla Web Browser, Parakey

Justin Rosenstein
Net Worth: $150 Million
Date of Birth: May 13, 1983
Nationality: American
Source of Wealth: Facebook, Asana

Cameron & Tyler Winklevoss
Net Worth: $150 Million
Date of Birth: August 21, 1981
Nationality: American
Source of Wealth: Facebook Settlement, ConnectU

Blake Ross, Justin Rosenstein, Cameron Winklevoss and his twin brother Tyler Winklevoss are all worth $150 million and thus share the number six spot on this richest list.

Blake Aaron Ross is a Stanford dropout and he is best known for being the co-founder of the web browser Mozilla Firefox. The serial entrepreneur also co-founded Parakey, a web-operating system meant to compete with Apple’s OS. While still in development and in the pre-launch phase, Facebook acquired Parakey and hired Ross as the Director of the Product. Even though Parakey was Facebook’s first acquisition, it was never publicly announced what happened to it after that which might have been one of the reasons Ross resigned on February 22, 2013.

aptr_rosenstein

Justin Rosenstein started his career as Google Page Creator at Google and also worked for Facebook during its major growth phase in 2007. In 2008, Rosenstein co-founded a company of his own, Asana, that provides virtual teams with real-time communication tools. In October 2012, Asana was valued at $280 million.

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Cameron Winklevoss and his twin brother Tyler are best known for having sued Facebook’s founder Mark Zuckerberg for stealing their social networking site idea formerly called HarvardConnection. The law suit was settled when the Winklevoss brothers accepted $65 million in Facebook shares.

A part of their agreement included partial ownership of Facebook in shares said to be worth around $100 million since the IPO filing. Additionally, the two entrepreneurs have continued to grow HarvardConnection into ConnectU and have invested into several startups including Bitcoin of which they claimed to own 1% in April 2013. The two brothers usually take on projects together and were even teammates in the Olympics.

Cameron Winklevoss co-founded the high society website Guest of a Guest together with Rachelle Hruska who bought out his stake in 2012.

#2: Wayne Chang

Wayne_Chang

Net Worth: $200 Million
Date of Birth: August 3, 1983
Nationality: American
Source of Wealth: Crashlytics, i2hub, Scene Review News Network, Boylston Technology Group

Wayne Chang is a serial entrepreneur and co-founder who has impressed the tech world after selling his company Crashlytics to Twitter for $100 million in 2013 after being in business for just over a year. When Twitter went public, Crashlytics was valued at $259.5 million. Chang is also the founder of i2hub, a peer-to-peer file sharing tool that was shut down in 2005 due to legal pressure that was caused by piracy concerns.

He founded Boylston Technology Group in 2007 and was involved in law suits against ConnectU, the Winklevoss brothers’ social networking site that reportedly partially copied by Mark Zuckerberg. Chang was seeking 50% of the $65 million settlement the twins had received because the Winklevoss family did not list him as a co-inventor when filing their patent application.

#1: Kevin Systrom

aptr_systrom

Net Worth: $400 Million
Date of Birth: 1984
Nationality: United States
Source of Wealth: Instagram, Internet

Kevin Systrom’s main source of wealth is Instagram which he co-founded and sold to Facebook for 715 million. The deal had originally been announced as $1 billion but the value was tied to the image sharing which dropped after the takeover had been announced. He is also the founder of Burbn, a location-sharing device that is html5 based. The Stanford graduate had previously been involved with innovative companies such as Google and Odea, the company that launched Twitter. The American software engineer resides in San Francisco.

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