In today’s world, there are more young billionaires than before. This is because of various factors like their own entrepreneurial success, extravagant inheritances, or family business empires.
According to Forbes Magazine, the youngest billionaire is only 22 years old.
Of these young billionaires, most mint their fortune in the tech industry by starting up great tech companies, for example, online casinos like nihonlinecasino.com that sell for billions.
Even though it is said that money doesn’t define you, below is a list of a special set of 5 young billionaires in the tech industry.
The Youngest Billionaires in Tech
Some of the most successful tech entrepreneurs have taken their companies public and sold them for billions before their 30th birthdays. Each billionaire on this list is below 40 years old.
1. Evan Spiegel
Evan Spiegel is one of the youngest billionaires in the tech industry. He is the co-founder and CEO of a top social media app known as Snapchat.
The 29-year-old net worth is around 2.4 billion, and recently his popularity has been on the rise because he married a famous supermodel, Miranda Kerr.
2. Mark Zuckerberg
Facebook co-founder and CEO Mark Zuckerberg has been on the billionaire list since he was 23 years old. The report shows that in 2012. He sold 30.2 million Facebook shares, making a profit of $1.13 billion.
Zuckerberg still owns about 15% of the Facebook stock, and at the age of 30 years, his current net worth is about 34.4 billion.
3. Scott Farquhar
At the age of 35, Scott Farquhar’s net worth is $1.1 billion. Along with his friend Mike Cannon Brookes, Scott is the co-founder of Atlassian Company. This is an Australian software company where Scott owns about a third.
As of June 2019, the company’s worth was $8.5 billion. Farquhar and Cannon are reportedly neighbors in Sydney, where they own the most expensive homes in Australia.
4. Travis Kalanick
Travis Kalanick, age 38, was the co-founder and CEO of Uber until June 2017 when he stepped down as CEO. Uber is a ride-sharing application that is most used in most countries across the globe.
In 2014, Kalanick sold all his shares for more than $2.5 billion before taxation. He is now the CEO of City Storage Systems, a holding company dealing with redeveloping distressed real estate.
5. Jack Dorsey
Jack Dorsey has been the CEO of Twitter since 2008 with Biz Stone, Noah Glass, and EV Williams. In 2015, he took the company public, and a year later, he shocked many people after giving one-third of his Twitter shares to employees.
In Summary
After that, he went on to create a small business payment company known as Square.
This list encourages youths that even age is no obstacle to success. From creating social networks to creating great tech companies, these young billionaires are making a fortune.
