Forbes takes the initiative every year to analyze the net worth of the world’s billionaires, and the 11 youngest names to make this list are shared below. Whatever your age, you can expect to feel particularly unaccomplished in life after viewing this list.
11. Ryan Graves – 31 Years Old – Worth $1.4 Billion
Ryan Graves was found and hired by Travis Klanick as a product manager for Uber via Twitter. Among the car service’s first employees, Graves played a substantial role in the success of this new, convenient, and cost-effective way for people to commute around their own towns. With Uber, there are drivers who use their own personal vehicles to act as taxis for their area.
For a while, Graves worked as CEO of Uber and is currently Uber’s head of global operations. Ryan Graves simply responded to a tweet by Uber’s cofounder and he is now worth $1.4 billion.
10. Nathan Blecharczyk – 31 Years Old – Worth $1.9 Billion
Nathan Blecharczyk is a self-made billionaire who found his success online with Airbnb. This is a company that lists homes and rooms temporarily for rent in personal households. It offers a great alternative to hotel rooms and allow the homeowner and the renter to make and save money, respectively.
Those who love to travel find this service to be perfectly convenient and profitable. Blecharczyk has managed to become worth $1.9 billion with this website where users claim to enjoy tremendous savings and excellent opportunities. If a person is going on vacation themselves, then they can help with another person’s vacation by renting out their entire home. If they simply have a spare room, then they can make some extra cash in this way as well.
9. Tatiana Casiraghi – 31 Years Old – Worth $2.2 Billion
Tatiana Casiraghi was born into a wealthy family and also married into the royal family of Monaco with her husband 2nd in line to the monarchy. Her own family’s wealth came from Bavaria, a Columbian beer company that was started by her grandfather and traded in 2005.
When her father passed away, he left portions of the family fortune to Tatiana Casiraghi and her younger brother, Julio Mario Santo Domingo III. Julio Mario Santo Domingo III is 29 years old and is also on this list of the 11 youngest billionaires in the world. There are plenty of reasons to envy Tatiana Casiraghi, from her royal marriage to her independent wealth at the age of 31. She is currently worth $2.2 billion.
8. Elizabeth Holmes – 31 Years Old – Worth $4.5 Billion
Elizabeth Holmes made her debut on the Forbes 400 in 2014 at the age of 30. She was the youngest female billionaire who was self-made through her brilliant blood testing company. Dropping out of Stanford University during your sophomore year might not sound like a wise decision, but that’s how Holmes made her billions. She took the money that she’d saved for college in 2003 and started up a blood testing company in Palo Alto, California called Theranos.
This blood testing lab is a brilliant way to save money, being less expensive that the commercial labs available. The company is now worth about $9 billion, with $400 million raised from venture capitalists. Elizabeth Holmes’ 50% stake in the company is worth about $4.5 billion. The company, Theranos, allows for a painless prick to collect a single drop of blood which can be tested at a small fraction of the cost of commercial labs that require multiple vials for testing. The company’s board is composed of excellent professionals including George Shultz and Henry Kissinger. In 2014, the largest retail pharmacy chain in the United States, Walgreens, announced that they will be bringing Theranos Wellness Centers to their 8,100 US locations.
7. Anton Kathrein, Jr. – 30 Years Old – Worth $1.7 Billion
Anyone who owns a cell phone (so, everyone) owes a debt of gratitude for these life changing devices to the family of Anton Kathrein Jr. It was Kathrein’s grandfather who, after World War I, began the Kathrein-Werke company from his cellar in Germany.
You may not have heard of them, but your cell phone relies on their products, which include the antennas, receivers and cables that are needed for cell phone signals to be sent from one place to another all over the world. The company began by manufacturing the antennas needed for television and radio connections before branching out into the world of cellular phones. Kathrein’s grandfather left the business to Kathrein’s father, who ran the company until his death in 2012. Anton Kathrein Jr. became the third generation of his family to lead the Kathrein-Werke company at the age of 28 years old. Two years on, his estimated worth is $1.7 billion.
6. Tom Persson – 30 Years Old – Worth $3 Billion
The second largest global clothing retailer in the whole world is H&M, which is a Swedish company owned by Tom Persson. Persson is distinguished as the youngest heir to the H&M business since it was launched in 1947 by his grandfather.
The company primarily focuses on taking runway styles and making them publically available and affordable to the masses while the fashions are still trendy and exciting. They are able to do this more quickly and economically than other companies, like Gap, which is the third largest global clothing retailer. Tom Persson is currently worth $3 million at the age of 30, and his father is currently the richest person in Sweden.
5. Dustin Moskovitz – 30 Years Old – Worth $7.9 Billion
Dustin Moskovitz was Mark Zuckerberg’s roommate at Harvard University and has the distinction of being the 3rd employee of the social media sensation, Facebook. He assisted with the launch of the company and ultimately, like Zuckerberg, dropped out of college to develop the business in Palo Alto. He left the firm in 2008 and he started his own business, a new software firm called Asana.
Along with his former Wall Street Journal reporter wife, Moskovitz also contributes a significant amount of time and resources to Good Ventures in support of important causes like eradicating malaria and encouraging equal rights in marriage for the LGBT community. Good Ventures contributes millions of dollars in charity with multiple important causes every single year. On top of all of this, Moskovitz flies commercial when he travels and uses a bicycle to commute to work each day.
4. Mark Zuckerberg – 30 Years Old – Worth $33.4 Billion
Mark Zuckerberg is one of the most well known and widely recognized billionaires in the world, particularly in the Under Forty category. Zuckerberg dropped out of Harvard University to start his business and achieved an unsurpassed level of fame and success along with his billions of dollars in profits from the unique and well-timed creation of the social media giant, Facebook. His work and success were so fascinating that a movie was made about his adventures in launching the network.
To this day, Mark Zuckerberg is still building his company, purchasing new businesses, investing his money, and generally succeeding wherever he turns. He became the 16th riches person in the world before he was even 30 years old, and is currently worth $33.4 billion.
3. Julio Mario Santo Domingo, III –29 Years Old – Worth $2.2 Billion
People love beer, and Julio Mario Santo Domingo, III, much like his older sister, Tatiana Casiraghi, has benefited from a family fortune centered on that one universal agreement. The siblings were both heirs to the Santo Domingo Columbian beer fortune, made from the beer company, Bavaria, started by their grandfather and traded in 2005. The inheritance of their grandfather’s business made Julio Mario Santo Domingo, III and Tatiana Casiraghi billionaires (and their uncles too), with Domingo’s share making him worth $2.2 billion. Still in his twenties, Domingo uses his money to support a lavish lifestyle and a $4 million New York City apartment.
With the freedom to do what he chooses, he works as a DJ and promotes his group. Most of us can only envy the good fortune to be born into this family.
2. Bobby Murphy –26 Years Old – Worth $1.5 Billion
Bobby Murphy came together with a couple of members of his Kappa Sigma fraternity while attending as a senior at Stanford University, and together they created an app called Picaboo, which wasn’t as successful as they’d hoped. Two of these three students (Bobby Murphy and Evan Spiegel) would later rebrand the company as SnapChat, which as you may know, was a roaring success.
Bobby Murphy’s parents are state employees, and his area of study was in mathematics and science when he first started working on the app that would later become an exciting, engaging, multi-billion dollar company. Thanks to SnapChat, Murphy is currently worth $1.5 billion at the age of 26.
1. Evan Spiegel – 24 Years Old – Worth Over $1.5 Billion
Evan Siegel worked with Bobby Murphy to create the unsuccessful photo messanging app, Picaboo, and later to rebrand that app into the wildly successful SnapChat. He went directly from college into a CEO position and used his education in product design from Stanford University to ensure that the company gained ground quickly and ultimately made him the youngest billionaire in the whole world.
Facebook attempted to buy the app or $3 billion and others offered closer to $19 billion, but Spiegel sees his role and position in life and in business to be fortunate and too valuable to sell.
As he expressed that so few people ever get to own such a business, and that to sell it for a short term reward would be less than exciting, it looks like Evan Spiegel will be keeping his position as CEO and cofounder in the SnapChat company. Today, Spiegel himself is worth over $1.5 billion.
