Tech’s youngest billionaires

Forbes has listed the youngest billionaires in the world, and of the listed wunderkinds under the age of 40, eight play in the tech arena.

Forbes says that there are currently 1,426 billionaires in the world, but only 23 are under 40 years of age.

While there’s a showing by young billionaires in the mining sector, dairy, steel industry and even a producer of sunflower oil, eight of these fresh faces play in the field of technology – with four from social network giant, Facebook, alone.

Facebook founder Mark Zuckerberg
Facebook founder Mark Zuckerberg

Facebook co-founders Dustin Moskovitz and Mark Zuckerberg, top the list as the youngest billionairs at the age of 28 – though Moskovitz is worth close to $10 billion less than Zuckerberg.

Another Facebook co-founder, Eduardo Saverin, pegs a bit further down at the age of 30.

Sean Parker, the 33 year-old Napster founder, who is currently working on video chat site, Airtime, also served as Facebook’s first president when he was 24.

Other listed players in the tech space are:

  • 36 year-old founder and CEO of social-network game site operator Gree, Yoshikazu Tanaka;
  • 36 year-old co-founder and leader of 160-character microblogging social network, Twitter;
  • 36 year-old founder of cell phone retailer Svyaznoy, Maxim Nogotkov;
  • 37 year-old CEO of the GoPro camera company, Nicholas Woodman.

At 37, Chase Coleman is also listed on the under 40s billionaire list, with a net worth of $1.4 billion.

Coleman heads up the Tiger Global Management investment firm, which is a large player in the South African e-commerce space.

Chase-Coleman
Chase Coleman caricature

Through Tiger Global Management’s venture capital fund, the firm owns shares in South Africa’s largest online auction website, BidorBuy, which in-turn owns 100% of Ubuntu Deal and has a minority stake in PayFast.

Tiger Global further owns a majority shareholding in Private Property, which in-turn has minority stakes in Safari Now and a number of motoring, property and employment businesses in East and West Africa.

The youngest billionaires

# Name Net worth Age
1 Dustin Moskovitz $3.8 billion 28
2 Mark Zuckerberg $13.3 billion 28
3 Albert von Thurn und Taxis $1.5 billion 29
4 Scott Duncan $5.1 billion 30
5 Eduardo Saverin $2.2 billion 30
6 Huiyan Yang $5.7 billion 31
7 Fahd Hariri $1.35 billion 32
8 Marie Besnier Beauvalot $1.5 billion 32
9 Sean Parker $2 billion 33
10 Ayman Hariri $1.35 billion 34
11 Yvonne Bauer $2.4 billion 35
12 Yoshikazu Tanaka $1.8 billion 36
13 Maxim Nogotkov $1.3 billion 36
14 Alejandro Santo Domingo Davila $11.7 billion 36
15 Jack Dorsey $1.1 billion 36
16 Serra Sabanci $1.3 billion 37
17 Nicholas Woodman $1.3 billion 37
18 Chase Coleman $1.4 billion 37
19 Ryan Kavanaugh $1 billion 38
20 Andrey Verevskiy $1 billion 38
21 John Arnold $2.8 billion 38
22 Kostyantin Zhevago $1.5 billion 39
23 Fang Wei $1.5 billion 39

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Tech’s youngest billionaires