The World’s Youngest Billionaires 2011

World Money

 

 

 

The world’s 20 youngest billionaires are evidence that enormous fortunes can be created in far less than a lifetime.All of them are under 40.

The youngest, Dustin Moskovitz, is just eight days younger than his Facebook cofounder Mark Zuckerberg (both are 26).


Dustin Moskovitz

Age: 26  , United States

Net Worth: $2.7 billion





















The world’s youngest billionaire, Dustin Moskovitz, was Mark Zuckerberg’s Harvard roommate and Facebook’s third employee. He is just eight days younger than his friend.



Mark Zuckerberg

Age: 26  ,United States

Net Worth: $13.5 billion





















Zuckerberg’s Facebook was a key spark in the spread and organization of the recent revolts in Tunisia, Egypt, Yemen and Libya.



Albert von Thurn und Taxis


Age: 27  , Germany

Net Worth: $2 billion





















First appeared in Forbes’ ranks at age 8, but officially inherited fortune in June 2001, on his 18th birthday.



Scott Duncan


Age: 28  , United States

Net Worth: $3.1 billion





















Son of the late Dan Duncan assumed partial control of his $12.4 billion pipeline empire after father’s death in March 2010 at age 77. Houston’s richest man at the time of his death, Dan Duncan grew up poor, starting energy company Enterprise Products with two trucks in 1968. Today it owns more than 49,000 miles of pipelines.



Eduardo Saverin


Age: 29 ,United States

Net Worth: $1.6 billion





















Together with former best bud Mark Zuckerberg, started Facebook at Harvard and received a 30% stake in the company. Relationship soured when Facebook sued Saverin for allegedly interfering with business and insisting on keeping 30% stake; Saverin countersued. The parties settled, with Saverin apparently getting a 5% stake and a cofounder bio on Facebook’s site. Source tells Forbes Saverin has been selling shares and now holds 2%. In January made rare news when he led an $8 million round of financing of Qwiki, a hot Silicon Valley startup.



Yang Huiyan


Age: 29  , China

Net Worth: $4.1 billion





















Main shareholder in Country Garden Holdings of Guangzhou, one of China’s largest property developers. The company’s chairman is Yang’s father, Yeung Kwok Keung, who transferred his holding to her before the company went public in Hong Kong in 2007.



Fahd Hariri

Age: 30 ,  Lebanon

Net Worth: $1.5 billion





















Youngest son of slain Lebanese Prime Minister Rafik Hariri inherited stake in his father’s construction, telecom and real estate conglomerate Saudi Oger after his death in 2005.



Sean Parker

Age: 30 ,United States

Net Worth: $1.6 billion





















Silicon Valley strategist and former Facebook president debuts as a billionaire based on the surging value the social networking site. His reported stake: just under 3%. At 19 cofounded Napster, music sharing service that brought free music to the masses and helped trigger the record industry’s precipitous decline.



Ayman Hariri


Age: 32 ,Lebanon

Net Worth: $1.5 billion





















Son of slain Lebanese Prime Minister Rafik Hariri, who left behind a fortune now shared by his five children. Ayman sits on the board of Saudi Oger, a construction, telecom and real estate conglomerate.



Yoshikazu Tanaka


Age: 34  ,Japan

Net Worth: $2.2 billion





















Founder of Gree, Japan’s largest social networking site, may be facing off with Facebook’s Mark Zuckerberg soon; setting up shop in California. On global expansion kick–working with Tencent, largest Internet service portal in China.



Yusaku Maezawa


Age: 35  ,Japan

Net Worth: $1 billion





















Founded online retailer of apparel and accessories; widely popular Zozotown caters to young fashionistas. Website is structured like actual mall where stores are set up; sells on consignment.



Oleg Bakhmatyuk


Age: 36  ,Ukraine

Net Worth: $1 billion





















Founder and head of egg producer Avangardco joins the billionaires list after floating a 20% stake in the company in June 2010. Stock price up 35% since going public. Sister Nataliya is CEO. Bakhmatyuk previously worked in state oil and gas company Naftogaz Ukraine.



Andrey Verevskiy


Age: 36  , Ukraine

Net Worth: $1.1 billion





















Took agribusiness conglomerate Kernel Holding public on Warsaw stock exchange in 2007.



John Arnold


Age: 37  , United States

Net Worth: $3.3 billion





















The head of hedge fund Centaurus Advisors suffered his first losing year in 2010, rumored to be down 8%.



Kostyantin Zhevago


Age: 37  , Ukraine

Net Worth: $2.4 billion





















Ukraine’s youngest billionaire benefiting from rising iron ore prices; stock in his iron ore producer Ferrexpo doubled over the past year.



Xian Yang




Age: 37   ,  China

Net Worth: $1 billion





















Chairman of Hidili Industry International Development, a coke and raw coal mining company.

Ana Lucia de Mattos Barretto Villela




Age: 37  , Brazil

Net Worth: $3.2 billion





















Low-profile member of one of Brazil’s oldest and most distinguished banking families.



Fang Wei




Age: 37  ,  China

Net Worth: $1.3 billion





















Beijing-based investor targets underperforming state-owned listed companies for restructuring.



Serra Sabanci


Age: 37  ,Turkey

Net Worth: $1 billion





















Board member and shareholder of large conglomerate Sabanci Holding and member of the board of directors of the Sabanci Foundation.



Sergey Brin

Age: 37  , United States

Net Worth: $19.8 billion





















Google cofounder Sergey Brin saw company stock rise 18% over the past year as Google maintained nearly two-thirds of the market for online search.


Source: Forbes Billionaires List 2011