Top 7 Youngest Billionaires in 2011

Last week we actualized the list for the richest people in the world with our Top 7 Richest People in the World in 2011 post. Now is time to actualize another very interesting list. It i interesting to note that the Facebook phenomenon brought to the world, including 3 people in our list. Lets check the Top 7 Youngest Billionaires in 2011:

1. Dustin Moskovitz

Net worth: $2.7 billion

Age: 26

Source: Facebook, self-made

Residence: San Francisco, CA

Country of citizenship: United States

Education: Dropout, Harvard University

Marital Status: Single

Billionaire ranking: 420

The world’s youngest billionaire, Dustin Moskovitz was Mark Zuckerberg’s Harvard roommate and Facebook’s third employee. He is just 8 days younger than his friend. The two dropped out of Harvard and moved to California to work for the social-networking firm full-time; he was its first chief technology officer and then vice president of engineering. He left in 2008 to start Asana, a software company that allows individuals and small companies to better collaborate. Values of his new company: “pragmatism,” “being a mensch,” “admitting when you’re wrong,” and “chill-ness.” Reportedly sold around a 1% stake in Facebook last year but held onto an estimated 5% in the company, whose value has soared to $50 billion, based on the recent Goldman Sachs transaction. Moskovitz signed onto the Giving Pledge in December; a photo of him and his live-in girlfriend Cari Tuna, a Wall Street Journal reporter who apparently will help him identify causes, accompanied his pledge letter.

2. Mark Zuckerberg

Net worth: $13.5 billion

Age: 26

Title: Founder

Organization: Facebook

Source: Facebook, self-made

Residence: Palo Alto, CA

Country of citizenship: United States

Education: Dropout, Harvard University

Marital Status: Single

Billionaire ranking: 52

You say you want a revolution? Mark Zuckerberg’s Facebook was a key spark in the spread and organization of the recent revolts in Tunisia, Egypt, Yemen and Libya. Back home President Obama praised Facebook as an example of American innovation in his January State of the Union Address. A month later Zuckerberg sat next to Obama at a dinner with other tech titans like Steve Jobs, Eric Schmidt, Larry Ellison and John Doerr. Over the last year the 26-year-old’s fortune surged 238% to $13.5 billion as investments from firms like Goldman Sachs boosted Facebook’s valuation to $50 billion. “The Social Network,” a fictionalized film of Facebook’s creation, further thrust Zuck & Co. into the spotlight and earned an Oscar for best adapted screenplay.

3. Albert von Thurn und Taxis

Net worth: $2 billion

Age: 27

Source: Diversified, inherited

Residence: Regensburg, Germany

Country of citizenship: Germany

Education: BA/BS, University of Edinburgh; MA, University of Edinburgh

Marital Status: Single

Billionaire ranking: 595

First appeared in Forbes’ ranks at age 8 but officially inherited fortune in June 2001 on his 18th birthday. Went to high school in Rome; in June 2008 received an M.A. in economics and theology from the University of Edinburgh in Scotland. But this prince hardly needs to earn his keep. Assets include real estate, art and a tech company and 30,000 hectares of woodland in Germany, one of the largest forest holdings in Europe. Despite local opposition is apparently going ahead with plans to build one of the world’s largest solar farms in Bavaria, southern Germany, to sell electricity. Lives in family castle, Schloss Emmeram. Eligible bachelor is also a race car driver; tours with a German auto-racing league.

4. Scott Duncan

Net worth: $3.1 billion

Age: 28

Source: pipelines, inherited

Residence: Houston, TX

Country of citizenship: United States

Marital Status: Single

Billionaire ranking: 362

Son of the late Dan Duncan assumed control of part of his $12.4 billion pipeline empire after father’s death in March 2010 at age 77. Houston’s richest man at the time of his death, Dan Duncan grew up poor, starting energy company Enterprise Products with 2 trucks in 1968. Today it owns more than 49,000 miles of pipelines.

5. Eduardo Saverin

Net worth: $1.6 billion

Age: 28

Source: Facebook, self-made

Residence: Singapore

Country of citizenship: United States

Education: BA/BS, Harvard University

Marital Status: Single

Billionaire ranking: 782

Immortalized in the movie, The Social Network, which portrayed him being betrayed by his onetime best friend Mark Zuckerberg. After its release, published a piece about his reaction to the movie: “What I gleaned from viewing (the movie) was bigger and more important than whether the scenes and details included in the script were accurate.” The buddies started Facebook together at Harvard, with Saverin apparently providing early seed money. For a brief time he had a one-third stake, which then fell to 30% when Zuckerberg’s roommate, Dustin Moskovitz, joined. When the others dropped out of school to relocate to California, Saverin stayed behind. A year later Facebook sued him for allegedly interfering with business and insisting on keeping a 30% stake; Saverin countersued. The parties settled, with Saverin apparently getting a 5% stake and a co-founder bio on Facebook’s site. A source tells Forbes he’s been selling shares and now holds a reported 2%. In January, made rare news when he led an $8 million round of financing of Qwiki, a hot Silicon Valley startup, along with other high-profile investors Jawed Karim, co-founder of YouTube, and Pradeep Sindhu, co-founder of Juniper Networks. Last September, Qwiki won top prize at Internet startup conference TechCrunch Disrupt, putting it on the map for potential investors. Saverin had seen its demo at Disrupt over a livestream video in Singapore, where he currently resides, and reached out to Qwiki. Has public Facebook page, which he periodically updates. On it he says his activities are hurricane tracking and soccer; interests are digital media, the Internet revolution and happiness.

6. Yang Huiyan

Net worth: $4.1 billion

Age: 29

Source: real estate, inherited

Residence: Foshan, Guangdong, China

Country of citizenship: China

Education: BA/BS, Ohio State University

Marital Status: Married

Billionaire ranking: 265

Yang Huiyan is the main shareholder in Country Garden Holdings of Guangzhou, one of China’s largest property developers. The company’s chairman is Yang’s father, Yeung Kwok Keung, who transferred his holding to her before the company went public in Hong Kong in 2007. Wealth is up this year amid strong sales in 2010, owing to the company’s large land bank. Yang graduated from Ohio State University with a degree in marketing and logistics. According to Country Garden, she is primarily responsible for the formulation of development strategies. Rarely seen in public.

7. Fahd Hariri

Net worth: $1.5 billion

Age: 30

Source: construction, investments, inherited

Residence: Paris, France

Country of citizenship: Lebanon

Marital Status: Single

Billionaire ranking: 833

Youngest son of slain Lebanese Prime Minister Rafiq Hariri inherited stake in his father’s construction, telecom and real estate conglomerate Saudi Oger after his death in 2005. Serves on the board of family’s Future TV, a satellite and terrestrial television network covering the Middle East. Lives in Paris.

Source: Forbes

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5 comments

  1. LikeTOP7

    How is that possible??

    1. Dustin Moskovitz – Net worth: $2.7 billion

    2. Mark Zuckerberg – Net worth: $13.5 billion

    $2.7 < $13.5

    No??

    • Victor

      Thanks for noticing it!
      The fact is that the post is for the youngest, not richest, so Dustin Moskovitz is 8 days younger than Mark Zuckerberg…
      Regards

  2. haha has to be in wonderland how I can influence so many aspects! Thanks for your post! Definitely mindboggling update! I see something truly special in this!

  3. I dont even knowledge I dawned, but i believed this post was sensible. Cheers!

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