Top 10 Youngest Billionaires in the World

To be a part of the billionaire club in the world could be just amazing. It does take a lot of courage and effort to get there, but it’s definitely not impossible. You will be surprised to know that the latest study in the world revealed that 1,453 people worldwide belong to the Club of the Billionaires. Seems much less harder to get there now doesn’t it? Everybody dreams of becoming a millionaire and then of course, a billionaire. One can use all his intellect and power to roll his money the right way to become a billionaire. Ever wondered what it’s like to become a billionaire while you’re still young? These kids are amongst the youngest 10 to become billionaires in the World. Who said it takes time and money to become a billionaire? Yes, you need money by all means, but time? Read on. Perhaps, you could convince yourself in becoming a billionaire sooner than you can imagine.

 

1. Dustin Moskovitz

Dustin Moskovitz

Dustin Moskovitz, aged 29, is Mark Zuckerberg’s former room-mate and also a co-founder of Facebook. Moskovitz may no longer have ties with the Menlo Park California-based social networking giant, but he still holds a significant financial stake in the company. That stake got witnessed a decline over the summer as he went on to sell 7.5 million Facebook shares. As of February, he owned more than 5% of the company’s outstanding stock. He dropped out of Harvard with Zuckerberg and moved to California to work for the social-networking firm full-time, thus becoming face-book’s third employee. He started a software company, Asana, in 2008 that aims to improve how people work with project collaboration tools. Moskovitz married former journalist Cari Tuna, with whom he founded Good Ventures and plan to publish their grants and conversations with charities with the goal of rewarding results over crafty fundraising techniques. Moskovitz is a signee of Bill Gates’ and is part of Warren Buffett’s Giving Pledge. As of March 2013, Dustin’s net-worth was $3.8 Billion.

 

2. Mark Zuckerberg

Mark Zuckerberg

Few CEOs of any age are under more media scrutiny than 28-year-old Mark Zuckerberg. Since taking Facebook public in May 2012, Mark has seen his net worth rise and fall with every fluctuation of the stock price, which fell under $20 in August 2012. Ever since then the stock has rebounded more than 30% as of February on confidence that Facebook may end up figuring out how to make money on mobile ads. Zuckerberg is a signatory of Bill Gates and part of Warren Buffett’s Giving Pledge. He showed his generosity during the holiday season by presenting 18 million of the Facebook shares to the Silicon Valley Community Foundation in December for education initiatives. Based on share prices at the time, that gift was worth nearly $500 million and was one of the largest gifts to education in 2012. Zuckerberg has also shown his willingness to become more involved in the political sphere as he hosted a re-election fundraiser for New Jersey Governor Chris Christie in February. The launch of Facebook’s Graph Search was his big early 2013 expliot, which allowed users to comb their friend network based on shared interests and experiences.

 

3. Albert von Thurn

Albert von Thurn

German Albert von Thurn und Taxis, aged 29, first appeared in Forbes’ billionaire rankings at age 8 but officially inherited his fortune in 2001 on his 18th birthday. He did his Masters in Arts from the University of Edinburg after he completed his Bachelors in Arts from the same University. Amongst his assets are art, real estate and approximately 36,000 hectares of woodland in Germany. He had a plan to build one of the world’s largest solar energy installations in Bavaria, southern Germany, but was forced to put it on hold after government subsidies were cancelled. The family castle he lives in is named, Schloss Emmeram. Albert is also a race car driver and tours with a German auto-racing league. Albert was at no.944 on Forbes list of richest Billionaires and as of March 2013, his net-worth was $1.5 Billion.

 

4. Scott Duncan

Scott Duncan

Scott Duncan, aged 30, is the youngest of the four children who inherited the massive fortune of late energy-pipeline entrepreneur Dan Duncan who founded the Enterprise Products Partners. Yes, pipelines was his major source of wealth. Thanks to Enterprise’s impressive rise on the New York Stock Exchange, Scott and his brothers turned a $900 million dollars richer than a year ago. This rise is credited to the rising value of Enterprise shares and the partnership’s large payout plan. Today Enterprise owns in excess of 50,000 miles of natural gas, oil, and petrochemical pipelines. Scott was at no.239 on the Forbes Richest Billionaires and as of March 2013 his net-worth was $5.1 Billion. He currently lives in Houston, Texas.

 

5. Eduardo Saverin

Eduardo Saverin

Eduardo Saverin, aged 31, is the co-founder of Facebook. His actual country of citizenship was Brazil, but he renounced his United States citizenship in 2011, before the company’s IPO and drew accusations of tax evasion. He graduated as a Bachelor in Arts/Science from Harvard University. Saverin, started of in The Social Network as Mark Zuckerberg’s best friend, and helped provide Facebook with early seed money which helped him earn a one-third stake. This fell to 30% when Zuckerberg’s roommate, Dustin Moskovitz, joined. Saverin stayed behind when the others dropped out of Harvard to relocate to California. He was later sued by Facebook for interfering with business and insisting on keeping a 30% stake; Saverin countersued. Both group’s setteled and Saverin apparently received a 5% stake and a co-founder bio on Facebook’s site. He has since sold more than half his stake in Facebook and has started investing in startups including Qwiki and Jumio. Saverin was at no.670 on the Forbes Richest Billionaires. As of March 2013, his net-worth was $2.2 Billion.

 

6. Huiyan Yang

Huiyan Yang

Huiyan Yang, aged 31, is the daughter of the co-founder of real estate developer Country Garden Holdings. Her major source of wealth is Real Estate. Yang studied Bachelors in Arts/Science, graduating from the Ohio state University. She is currently married. She was China’s richest woman with shares of her company going up 46% since September. Yang Huiyan’s father transferred his stake to her before the company’s IPO in 2007. The first nine months of 2012 saw the revenue go up 22% to $3.7 billion. Profit rose 34% to $617 million. The company in January sold $750 million of 10-year bonds to help fund its vibrant portfolio of some 110 projects underway as of mid-2012. Country Garden also planned to add 17 hotels to the 29 it already owns and runs under the Phoenix brand while continuously buying up land in Malaysia. Yang was at no.211 in the Forbes Richest Billionaires in the world. As of March 2013, her net-worth was $5.7 Billion.

 

7. Fahd Hariri

Fahd Hariri

Fahd Hariri, aged 32, is the youngest son of slain Lebanese Prime Minister Rafik Hariri. He featured at no.1088 on the Forbes Richest Billionaires in the World. Like his brother Ayman Hariri, his major sources of income were construction and investments. He graduated from the Ecole Spéciale d’Architecture de Paris in 2004. He ran an interior design studio on the outskirts of the city while he was still a student and sold furniture to clients in Saudi Arabia. While he hasn’t yet set foot in Beirut since his father’s assassination in 2005, he invests in residential buildings there, and thanks his father for his love of real estate development. His residences are listed as Paris, France Europe, and Russia. Fahd’s net worth as of March 2013 was $1.35 Billion.

 

8. Marie Besnier Beauvalot

Marie Besnier Beauvalot

Marie Besnier Beauvalot, aged 32, is currently the 8th youngest billionaire on the Forbes list. She was born in France, and has a French citizenship. She features at no.974 on the Forbes Richest Billionaires. Marie, along with her siblings inherited French dairy giant Lactalis, producers of the popular Président brie among several of other cheese, milk and yogurt brands. Lactalis is her major source of income. Between them, they own 100% of the company their grandfather founded in the 1930s. Lactalis’ was once brought to light as regards it’s finance when the Besnier family with the help of another holding company, won a majority stake in the publicly traded Italian milk manufacturer Parmalat, rescuing it from severe bankruptcy after the infamous 2003 collapse that landed its founder in jail. Marie’s net worth as of March 2013 was $1.b Billion.

 

9. Sean Parker

Sean Parker

Sean Parker, aged 33, made a major chunk of his billion from the Facebook idealogy. His education qualifications stand as Diploma from High School, as he was a college drop-out. As per 2013, he featured at no. 736 in the Forbes List of the World’s Richest Billionaires. Parker co-founded the file-sharing computer service called Napster and even served as President of the Social networking site Facebook. He considers his time at Napster to be his college education, calling it “Napster University,” since he became well-versed in ¬intellectual property law, corporate ¬finance, and entrepreneurship. In December, Parker joined Stand up to Cancer to help build an immunology dream team. Parker himself is turning his vision to fight cancer. Apart from his social connections with the Cancer drive, he is also revamping his much hyped start-up, Airtime hoping that his video chat site will have the impact of his other Web companies–Napster and Facebook. Facebook’s stock comeback helped add $700 million to his fortune in a matter of months. Parker skipped college while he was still 19 to hamper the recording industry with music swapping site Napster and later advanced viral marketing with his Web address book Plaxo. As President of Facebook, he served at helping streamline the product and organizing the company to ensure his pal Mark Zuckerberg, maintain control as Facebook founder. Parker’s net-worth as of March 2013 was $2 Billion.

 

10. Ayman Hariri

Ayman Hariri

Ayman Hariri is the son on the Lebanese Prime Minister Rafik Hariri, aged 34 currently. He graduated from the Georgetown University where he studied Bachelors in Arts/Science. As per 2013, he featured at no.1088 on the Forbes list of the World’s Richest Billionaires. At the same time, he was the 5th richest man in Lebanon. His major involvement is in running one of Saudi Arabia’s biggest construction companies, Saudi Oger which is the source of the Hariri family fortune. Oger was part of a venture that won a $653 million contract in January 2013 to build a local branch of the Louvre museum in Abu Dhabi, which was due to open in 2015. Telecommunications was his interest; as Oger had a major stake in Turk Telekom as it continues to own shares in Middle Eastern banks like Jordan’s Arab Bank, which hasn’t fared so well. Saudi Oger had to take out a $1 billion loan in February 2013 to refinance debt related to its investment in Arab Bank. Ayman’s major sources of income are construction and investments. Ayman Hariri’s net worth as of March 2013 was $1.35 Billion.

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