Youngest Billionaires

10 Youngest Billionaires of the World

Every year, Forbes- the American business magazine- comes up with a list of that year’s billionaires- overall, youngest, oldest, women, country-wise as well as industry-wise. Carlos Slim tops the list of billionaires in the world.

This is a list of the top ten youngest billionaires of the world, which was joined by a new entrant.

Here is the list of the youngest richi-rich from across the globe

10. FAHD HARIRI

(AGE: 37; NET WORTH: $1.1 BILLION)

He is the youngest son of slain Lebanese PM Rafic Harriri. He received a degree in architecture from ‘Ecole Spéciale d’Architecture’ in Paris. He opened an interior design studio, while studying, and sold furniture to clients in Saudi Arabia. His major source of wealth is through inheritance, construction and investment. He has not visited Beirut since his father’s assassination in 2005. He credits his father for his love for real estate development.

9. YANG HUIYAN

(AGE: 37; NET WORTH: $21.3 BILLION)

She is the fifth richest person in the mainland China. Her source of wealth is real estate. She is the largest shareholder and vice chairman of the ‘Country Garden Holdings’ which is a private property development company based in Guangdong China. The company was started by her father, Yang Guoqiang, and he transferred 70% of the Country Garden’s shares to her in 2007.

8. EDUARDO SAVERIN

(AGE: 36; NET WORTH: $9.4 BILLION)

A Brazil born and settled in Singapore, Eduardo is a self-made man. He renounced US citizenship to permanently settle in Singapore, in 2012. His source of wealth is Facebook (he is the cofounder) and other investments and startups, such as Jumio (a credit card validation company).

7. SCOTT DUNCAN

(AGE: 36; NET WORTH: $6.1 BILLION)

He is the son of the former richest man (Dan Duncan) in Houston, who died in 2010. Dan Duncan was the cofounder of ‘Enterprise Products Partners LP’ which consisted of about 48,000 onshore and offshore pipelines and approximately 220 million barrels of natural gas and natural gas liquid storage capacity in 2010. He is one of the four children of Dan Duncan and hence the billionaire heir of the energy-pipeline fortune built by Dan Duncan. His source of wealth is his family fortune, the ‘Enterprise Products’, which are under family control.

6. ALBERT VON THURN UND TAXIS

(AGE: 35; NET WORTH: $3.8 BILLION)

His source of wealth is pretty varied. He is a German aristocrat, car race driver and also a businessman. He first appeared in the Forbes’s billionaire list at the age of eight. He is the 12th prince in his family line and inherited his fortune at the age of eighteen. His assets comprise of real estate, art pieces and one of the largest forest holdings in Europe (36,000 hectares of woodland in Germany).

5. DREW HOUSTON

(AGE: 35; NET WORTH: $2.2 BILLION)

He is the cofounder and CEO of ‘Dropbox’ (the online backup and storage device) and hence a self-made man. His company is among the most valuable private technology companies in the world with investors such as Goldman Sachs, Accel Partners and BlackRock. He had been fiddling with computers since the age of five and was involved in startups since high school. ‘Dropbox’ is Houston’s sixth startup.

4. ANTON KATHREIN, JR

(AGE: 34; NET WORTH: $1.5 BILLION)

He belongs to the third generation of the Kathrein-Werke AG, the oldest and largest manufacturers of antenna in the world. His company has around 18 production sites across the world. His source of wealth is his family business of antennas.

3. MARK ZUCKERBERG

(AGE: 34; NET WORTH: $60.3 BILLION)

He is a computer programmer and internet entrepreneur from America and is known as the cofounder of Facebook, along with his fellow college-mates: Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. He is the chairman and chief executive of Facebook. He has come a long way from being a Harvard drop out. Facebook has been on a fiasco since they bought Whatsapp, thus doubling the Zuckerberg’s net worth.

2. DUSTIN MOSKOVITZ

(AGE: 34; NET WORTH: $10.8 BILLION)

Former roommate of Mark Zuckerberg and likewise a Harvard drop out. He is the third employee of Facebook and cofounder. He holds approximately 5% of Facebook stake, i.e. around 95.4 million shares which makes his part of the fortune. He and his wife Cari Tuna (Wall Street Journal reporter) have also been devoting their time to build ‘Good Ventures’ which has contributed millions of dollars to eradication of malaria and has also invested 15 millions dollars in artificial intelligence.

1. PERENNA KEI & FAMILY

(AGE: 29; NET WORTH: $1.3 BILLION)

Perenna, from Hong Kong, is the youngest billionaire in the world. She graduated in economics and finance from the University of London. Her companies and family trust holds a stake of 85% of Logan Property Holdings. She is the daughter of Ji Haipeng, the chairman and CEO of Logan Properties. Her source of wealth is the family real estate.

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