10 Under 40: Youngest Billionaires in the World
In this video, I’ll show you Youngest Billionaires in the World. Enjoy!
10. Scott Duncan.
Age: 39.
Net worth: $6.9 billion.
Rank: 119.
Source of wealth: Pipelines.
Duncan became a billionaire at 27 when his father, the late Texas oil tycoon Dan Duncan, died in 2010. He and his three older siblings each inherited a stake in Enterprise Products Partners, the Houston-based pipeline empire started by their father in 1968. Only Duncan’s sister, Randa Williams, is actively involved in the company.
9. Brian Armstrong.
Age: 39.
Net worth: $2.7 billion.
Rank: 388.
Source of wealth: Cryptocurrency.
The Coinbase cofounder and CEO lost nearly $9 billion over the past year as the value of his cryptocurrency exchange plummeted 75%, from about $60 billion (market cap) to $15 billion. Armstrong, a former Airbnb software engineer, owns about 19% of the shares of the crypto broker he launched back in 2012 at age 29.
8. Nathan Blecharczyk.
Age: 39.
Net worth: $7.7 billion.
Rank: 93.
Source of wealth: Airbnb.
Blecharczyk is the only one of Airbnb’s three cofounders still under 40. He serves as the chief strategy officer of the vacation rental company and the chairman of Airbnb China. Amid a rollercoaster for Airbnb’s shares, which have dropped almost 30% over the past year, Blecharczyk has sold more than $480 million worth of stock, or about 3.5% of his stake.
7. Mark Zuckerberg.
Age: 38.
Net worth: $57.7 billion.
Rank: 11.
Source of wealth: Facebook.
Though he remains the richest person under 40 on The Forbes 400 by a long shot, the Meta cofounder and CEO is nearly $80 billion poorer than last year, meaning he’s lost more than half his fortune. Meta’s stock is down about 60% year-over-year, fueled in part by a decline in the social media site’s users and early obstacles to its expansion into the so-called “metaverse.”
6. Dustin Moskovitz.
Age: 38.
Net worth: $8.1 billion.
Rank: 83.
Source of wealth: Facebook.
A Facebook cofounder, more than half of Moskovitz’ wealth comes from an estimated 2% stake in Meta Platforms; another quarter is tied to Asana, the workflow software company he started after leaving Facebook. Between Meta’s 60% drop and Asana’s 80% dive, Moskovitz is an estimated $16 billion poorer this year.
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