Thursday 10 March 2016

The 20 youngest self-made billionaires in the world

Residence: Los Angeles, California

Estimated wealth: $1.8 billion

At the ripe age of 25, the Snapchat CEO is the youngest billionaire in the world after launching the popular photo-sharing app with two of his former Stanford classmates.


John Collison: 26

Residence: San Francisco, California

Estimated wealth: $1 billion

The Harvard dropout cofounded Stripe, an online payment company, with his brother Patrick in 2011. The Irish-born brothers now live in San Francisco, where the company is based.


Bobby Murphy: 26

Residence: Venice, California

Estimated wealth: $1.8 billion

Just five years out of college, the CTO of Snapchat is one of the youngest billionaires in the world, along with his Snapchat cofounder Spiegel. The two met during their days as Kappa Sigma fraternity brothers at Stanford



Patrick Collison: 27

Residence: San Francisco, California

Estimated wealth: $1.0 billion

The Stripe cofounder and CEO dropped out of MIT to partner with his brother John and pursue an entrepreneurial path. Their start-up was most recently valued at $5 billion in October.


Mark Zuckerberg: 31

Residence: Palo Alto, California

Estimated wealth: $45 billion

The Facebook cofounder and CEO became the youngest self-made billionaire in history at age 23, thanks to Facebook's IPO. Today, Zuckerberg and his wife Priscilla are the ninth-wealthiest couple in the world and active philanthropists.

Elizabeth Holmes: 31

Residence: Palo Alto, California

Estimated wealth: $4.3 billion

Holmes founded healthcare-technology company Theranos as a sophomore at Stanford. Within months, she dropped out to pursue her entrepreneurial path and build her company. Today, she's America's youngest female billionaire at age 31.


Dustin Moskovitz: 31

Residence: San Francisco, California

Estimated wealth: $10 billion

The Facebook cofounder was the company's first CTO. He left to launch Asana in 2008 with fellow Facebooker Justin Rosenstein, but Moskovitz still holds a significant stake in the company.
Cheng Wei: 32

Residence: Beijing, China

Estimated wealth: $1.0 billion

Wei is CEO of the ride hailing service Didi Kuaidi, similar to Uber. Before founding Didi Dache, he spent eight years at e-commerce firm Alibaba
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Nathan Blecharczyk: 32

Residence: San Francisco, California

Estimated wealth: $3.6 billion

The Harvard graduate was working as a product manager at Microsoft when his former roommate Joe Gebbia recruited him to cofound Airbnb. As the current CTO, he led the company's recent push into Cuba.




Eduardo Saverin: 33 Estimated wealth: $5.6 billion

The Facebook cofounder is no longer as involved in the company after legal disputes with his fellow cofounders, but he still holds a small stake in Facebook. The Brazilian-born entrepreneur is now an active angel investor as well as the director of 99, a Singapore-based property rental and sales website.
 

Sachin Bansal: 34

Residence: Bangalore, India

Estimated wealth: $1.4 billion

In 2007, Bansal teamed up with Binny Bansal — no relation, despite the same surname — to found Flipkart as an online seller of books. Today, it's India's top internet retailer, with 30 million products and 44 million registered users.



Binny Bansal: 34

Residence: Bangalore, India

Estimated wealth: $1.4 billion

The cofounder of Flipkart has been the chief operating officer for years, but is slated to take over as CEO. Sachin, the CEO since the early days of Flipkart, will take on the newly created role of executive chairman.



Lin Qi: 34

Residence: Shanghai, China

Estimated wealth: $1.5 billion

After two business flops, Lin Qi founded web gaming company Youzu with 10 people in 2009. He reached billionaire status in 2014 after Susino Umbrella bought his company. Today, Lin serves as chairman of Youzu.


Scott Farquhar: 35

Residence: Sydney, Australia

Estimated wealth: $1.9 billion

The Australia native cofounded software company Atlassian with a university buddy, Mike Cannon-Brookes, in 2002. Atlassian grew at a rapid rate and pulled off a successful IPO in 2015, the fifth largest US IPO of that year.

Mike Cannon-Brookes: 35

Residence: Sydney, Australia

Estimated wealth: $1.9 billion

Cannon-Brookes and Farquhar share the role of CEO at Atlassian, which now has 15 software products and serves clients including Citigroup, NASA, Twitter, and Tesla.


Frank Wang Tao: 35

Residence: China

Estimated wealth: $3.4 billion

In 2006, Frank Wang Tao founded Dajiang Innovation Technology (DJI) from his dorm room at Hong Kong University of Science & Technology. Today, DJI is the world's largest consumer drone company.


Zhang Bangxin: 35

Residence: Beijing, China

Estimated wealth: $1.3 billion

The cofounder of education services firm TAL Education has served as chairman and CEO since the company's inception. He was named China's entrepreneur of the year in 2013.










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