It is said that the young have the time and energy but not the money, the older ones have the money and the energy but not the time, while the old have the time and the money but not the energy. Somehow these people found the money while they were still young. Correction, they made their fortunes while they were still young.
10. Arash Ferdowsi, 26 – Net worth: $400 million
Arash Ferdowsi and fellow millionaire Drew Houston set up Dropbox, an installable program that lets users save files online and access it from any computer they are using as long as that PC has Dropbox installed and they can log into their account. It is also accessible from handheld devices, although interactivity is limited by what the handheld device can do. Dropbox is a freemium; it comes free but users can pay to upgrade the size of their online Dropbox.
Ferdowsi dropped out of college at the Massachusetts Institute of Technology to pursue this business venture with Houston full-time and together they promoted and managed Dropbox which currently has an estimated 45 million users all over the world.
9. Drew Houston, 29 – Net worth: $600 million
It is said Houston came up with the idea of Dropbox after he constantly forgot to take his flash drive with him to school in MIT. He later founded Dropbox in 2007 and later worked on it with Ferdowsi.
Just last June 2013 MIT invited Houston to speak at their graduation ceremony. During his speech he praised Ferdowsi working with him and pushing him to bring the company where it is now. He then told the students to think carefully about the circle of people they spend time with and what they can do for each other.
8. Kevin Systrom, 27 – Net worth: $470 million
Kevin Systrom is one of the founders of the photo sharing site Instagram. He graduated with a BS in Management Science and Engineering from Stanford University in 2006. He then worked with Google and worked on Gmail, Google Readers and eventually rose up the ranks to become part of the corporate development team.
In 2010 he co-founded Instagram with Michel Krieger. Instagram is an online photo and video sharing networking service that lets users share their photos and videos on various social networking services.
7. Adam D’Angelo, 27 – Net worth: $680 million
Fortune Magazine has rated Adam D’Angelo as one of the smartest figures in the field of technology. After graduating with a BS in Computer Science from the California Institute of Technology he worked for Facebook and rose up to Chief Technology Officer before leaving it in 2009 to found Quora, a question-and-answer website organized by its users, with fellow Facebook employee Charlie Cheever.
He is currently the CEO of Quora and he has big plans for it.
6. Chris Hughes, 28 – Net worth: $935 million (est.)
Chris Hughes is the first of the four Facebook co-founders in this list. Hughes was roommates with Mark Zuckerberg, Dustin Moskovitz and Eduardo Saverin in Harvard and helped form the now-famous social website with them. Known for his people skills, he served as the company’s official spokesman until 2007. He also organized President Barack Obama’s online campaign when he first ran in 2008.
Hughes is also a publisher and editor-in-chief of The New Republic, a magazine he bought in 2012. He has also worked with Jumo, a non-profit social network organization, and the United Nations Joint Program on HIV/AIDS where he is a high-level commissioner.
5. Albert von Thurn und Taxis, 29 – Net worth: $1.5 billion
His name literally means Albert of Thurn and Taxis. He is the prince of an old German aristocratic family, so old in fact they can trace their roots to the Holy Roman Empire when their ancestor Leonhard von Taxis was postmaster general. The family is known for its castles and breweries it has maintained over generations.
He studied high school in Rome, served in the military and then studied Economics and Theology at the University of Edinburgh. He races cars as a hobby and won second place in 2008 and first place in 2010 of the German GT Championship ADAC GT Masters.
4. Eduardo Saverin Age, 30 – Net worth: $2.2 billion
Eduardo Saverin is the second co-founder of Facebook in this list. His family moved to the U.S. from their native Brazil after Saverin’s father found out he was being targeted by kidnap-for-ransom gangs. Saverin grew up in the U.S., was naturalized and came to study at Harvard. He founded Facebook along with Chris Hughes, Mark Zuckerberg and Dustin Moskovitz but later left the company and fought over his shares with the other co-founders in court.
3. Scott Duncan Age, 30 – Net worth: $5.1 billion
After his father Dan Duncan died at the age of 77 in 2010, Scott Duncan became one of the richest men in the world, inheriting a fortune from his father’s earnings in Enterprise Products Partners, an energy company that owns more than 80,000 kilometers of natural gas, oil, and petrochemical pipelines.
The company is still up and running, and his fortune (Scott and his three other siblings got $900 million each after their father died) continues to rise as the business thrives.
2. Dustin Moskovitz, 28 – Net worth: $3.5 billion
Moskovitz is another co-founder of Facebook along with Harvard schoolmates Mark Zuckerberg, Chris Hughes and Eduardo Saverin. He became Facebook’s first Chief Technology Officer and soon rose up to become Vice President of Engineering. In 2008 he left Facebook to co-found Asana, a mobile communication application, with Justin Rosenstein. It was what they described as something that “will be to your work life what Facebook is to your social life.”
1. Mark Zuckerberg, 28 – Net worth: $13.3 billion
Zuckerberg has become one the world’s most-watched Chief Executive Officers since Facebook took off. He and friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin formed Facebook in 2004 originally intending it for Harvard students only. After it caught on, it was expanded to include the local community and other schools until it eventually branched out into the country and the world. Today around a billion people are Facebook users.
Like Moskovitz, Zuckerberg never graduated from Harvard. He, however, values education and allegedly donated $100 million to the public school system of Newark, New Jersey. He also founded the Startup Education Foundation.
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