Do you know the top 10 world under40 tech billionaires? Do you know how young entrepreneurs are making good names for themselves in tech and internet entrepreneurship?
No doubt about it, the Internet is a billionaire business and it has made a number of young people billionaires within a short period of time.
In its first ever list of the richest global tech billionaires released on Wednesday, Forbes disclosed that there are 28 self-made billionaires in the world who are still in their 20s and 30s.
Top 10 world under 35 tech billionaires
“Success should always be your only option, whenever we’ve too many options, we tend to lose direction.”
Many of these young entrepreneurs achieved extraordinary success in relatively few years.
The vast majority of them, 21, made their fortunes in tech and 15 of those have already climbed into the ranks of the top 100 Richest in Tech.
So who are these world’s under40 tech billionaires and how did they make their money?
Below is a list of the world’s under40 tech billionaires that can inspire you:
#1). Evan Spiegel
- Age: 25
- Estimated worth of $2.1 billion
- Source of wealth: Snapchat
Evan Spiegel created Snapchat – a disappearing photo app while he was still a student at Stanford. In addition to being fabulously wealthy, he is apparently dating actress Miranda Kerr.
#2). Mark Zuckerberg
- Age: 31
- Estimated worth of $41.2 billion
- Source of wealth: Facebook
Its Instagram unit has more than 300 million users, while mobile messaging app WhatsApp, which it purchased for $19 billion in cash and stock in 2014, has 700 million users and is growing.
#3). Dustin Moskovitz
- Age: 31
- Estimated worth of $9.6 billion
- Source of wealth: Facebook
While Facebook propelled them all into the ranks, Zuckerberg’s early crew are now finding different ways to spend their money. Moskovitz recently announced a $25 million gift to GiveDirectly, a non-profit which gives cash to the extremely poor.
#4). Nathan Blecharczyk
- Age: 32
- Estimated worth of $3.3 billion
- Source of wealth: Airbnb
He is the chief technology officer of Airbnb, which lists 1.5 million homes, or rooms in people’s houses or apartments, for rental stays. As of early 2015, 30 million guests had used the service since it launched in 2008, including 20 million in 2014 alone.
#5). Eduardo Saverin
- Age: 33
- Estimated worth of $5.7 billion
- Source of wealth: Facebook
The Brazilian-born internet entrepreneur renounced his U.S. citizenship in 2012 and has been living in Singapore, where he’s been making investments in international technology startups.
#6). Brian Chesky
- Age: 33
- Estimated worth of $3.3 billion
- Source of wealth: Airbnb
Brian Chesky is the Airbnb CEO who has led the seven-year-old company to a recent valuation of more than $25 billion after a $1.5 billion funding round in June.
#7). Joe Gebbia
- Age: 33
- Estimated worth of $3.3 billion
- Source of wealth: Airbnb
As chief product officer, Gebbia helped Airbnb make a push into business travel in 2015, while expanding in new markets like Africa and Cuba.
Gebbia came up with the idea for the company in 2008 with classmate Brian Chesky, now the CEO, after graduating from the Rhode Island School of Design.
#8). Frank Wang
- Age: 34
- Estimated worth of $3.6 billion
- Source of wealth: Drones
Frank Wang who is a Chinese national, is the world’s first drone billionaire. Some analysts believe that his DJI currently controls 70% of the consumer unmanned aerial vehicle market through sales of its trademark Phantom drones, which retail for around $1,000. In May the company raised $75 million from Accel Partners at a valuation of $8 billion.
#9). Sean Parker
- Age: 35
- Estimated worth of $3 billion
- Source of wealth: Napster / Facebook
Napster co-founder and founding Facebook president, Sean Parker has turned up his focus on philanthropy. In 2014 he moved $550 million of his fortune to the Sean N. Parker Foundation.
In part due to his own struggles with severe allergies, in 2014 Parker gave $24 million to Stanford University to establish an allergy research centre that bears his name, with the goal of finding a cure to allergies. He also started Brigade Media, a startup that will harness technology to enhance civic engagement.
#10). Garrett Camp
- Age: 36
- Estimated worth of $6 billion
- Source of wealth: Uber Technologies
They have seen the valuation of their car-hire startup grow almost 15 fold in the past two years — to more than $50 billion.
Camp is one of 4 under40 non-U.S. among the under 40 ranks. He also co-founded StumbleUpon.
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Really inspirational article