Looking at the list of the top youngest billionaires in the world it is hard to understand why some analysts choose to ascribe their wealth to luck. That has a tone of masked contempt because it is seldom used for older person with wealth- as if to say they deserve their money while the young do not.
Granted; there is always a bit of good fortune involved in making money; but that has to be in combination with other factors such as hard work; being adaptive, and having the fortitude to overcome reverses.
Tech and crypto currencies have made many people rich; just as real estate and manufacturing made the previous generation wealthy.
Top 50 Youngest Billionaires In The World
1. Mark Zuckerberg
Age: 39
Net worth: $83.7 billion
Source of wealth: Facebook
Everybody knows the handsome and amiable Mark Zuckerberg; the co-founder and CEO of Facebook. He is one of the most recognizable faces on the internet. Facebook is still the biggest social media network in the world, and still has the biggest market, but the tech industry is suffering at the moment, and his net worth has suffered with it.
Mark Zuckerberg has lost more than $80 billion in the past few months, and his net worth does not look like making a long term recovery anytime soon.
Nevertheless; Mark Zuckerberg has made a name for himself as a very ambitious person; and we know that he has big plans for the company; which will soon get his net worth back to the upside.
2. Dustin Moskovitz
Age: 38
Net worth: $10.3 billion
Source of wealth: Facebook
Dustin Moskovitz also made his money from Facebook; but he has since divested most of his money and interests away from the company. Upon leaving facebook, he founded the workflow company known as Asana.
Dustin Moskovitz is also the cofounder of Good ventures; one of the biggest charitable foundations in Silicon Valley. That makes Dustin Moskovitz even more notable as one of the biggest philanthropists of this generation.
3. Lukas Walton
Age: 36
Net worth: $20.5 billion
Source of wealth: Walmart
Lukas Walton is a scion of the Walton clan; his grandfather Sam Walton established Walmart; the world’s biggest supermarket chain. The company is also the biggest private sector employer in the world, and arguably the world’s most powerful company.
The young Lukas Walton inherited his wealth when his father died in a car crash back in 2005. Now, that meant he inherited his father’s stake in the company, and could have taken up a position in the business.
Instead he is turning out to be a major philanthropist and world builder through his initiate known as Builders Vision.
4. Nathan Blecharczyk
Age: 39
Net worth: $7.7 billion
Source of wealth: Airbnb
Nathan Blecharczyk is the youngest among the founders of Airbnb. He is an important member of the company’s think tank; he serves as the chief strategy officer of the company and the chairman of Chinese arm.
Airbnb’s shares have not been left out of the near massacre of tech stock prices. Nathan Blecharczyk a lot poorer than he was two years ago.
Blecharczyk has responded by selling more than $480 million worth of stock, or about 3.5% of his stake, which he must have invested into other ventures.
5. Evan Spiegel
Age: 32
Net worth: $2.8 billion
Source of wealth: Snapchat
Evan Spiegel has actually lost most of his wealth; any more and he would have been forgotten. Evan Spiegel has not spent his money stupidly; his company has been hit by the same storm that has blown over the tech industry. Furthermore, Apple’s privacy changes have meant that their advertising revenues have plummeted.
The company was forced to make some tough decisions; but hopefully, the company can go back to the drawing board, and make some changes that will bring long term benefits, and a return to profitability.
6. Brian Armstrong
Age: 39
Net worth: $2.7 billion
Source of wealth: Cryptocurrency
Brian Armstrong cofounded Coinbase; his company has not suffered from a lack of ad revenue; it has suffered from a lack of confidence from would be crypto investors. To be fair; crypto has never been the most stable kind of investment. Now, however, most of the crypto market has been pummeled beyond recognition, and that has made many would be investors to stay away from the market.
7. Scott Duncan
Age: 39
Net worth: $6.9 billion
Source of wealth: Pipelines
Duncan is a scion of the Duncan Family; his father built a pipeline empire from scratch, and created more wealth than he could have spent in two lifetimes. Scott is therefore one of those whose wealth can be attributed to luck; he inherited his wealth when his father died in 2010.
He is not alone as heir to his father’s wealth and position; he and his siblings; brother and sister are all actively involved in running the company on a daily basis.
8. Gustav Magnar Witzoe
Age: 30
Net worth: $1.6 billion
Source of wealth: Salmar ASA
Gustav Magnar Witzoe is a Norwegian billionaire; he became rich when his father named him the owner of a fish farming business named Salmar ASA. The naming was to evade tax because he was 18 years old at the time, and not eligible to pay tax. Nevertheless, he has become rich.
Gustav Magnar Witzoe is also a model, fashion designer, and celebrity figure.
9. Alexandra Andresen
Age: 26
Net worth: $1.5 Billion
Source of wealth: Ferd AS
Alexandra Andresen is a Norwegian billionaire heiress from a noble industrial family. Her father transferred ownership of the family company to her and her sister; and both girls have since been billionaires.
This money has even motivated them to pursue their personal interests, rather than pursue money. Alexandra is a horse-riding aficionado, and spends most of her time with animals.
10. Katharina Andresen
Net worth: $1.5 billion
Source of wealth: Ferd AS
Katharina Andresen is the sister to and co heir with Alexandra Andresen. The girls are both heiresses to the fortune of their family; and were granted ownership of the family company by their father.
The following is a more extensive listing of the youngest billionaires in the world.
| Position | Name | Country | Net Worth |
| 1 | Mark Zuckerberg | United States | $83.7 billion |
| 2 | Dustin Moskovitz | United States | $10.3 billion |
| 3 | Lukas Walton | United States | $20.5 billion |
| 4 | Nathan Blecharczyk | United States | $7.7 billion |
| 5 | Evan Spiegel | United States | $4 billion |
| 6 | Brian Armstrong | United States | $2.7 billion |
| 7 | Scott Duncan | United States | $6.9 billion |
| 8 | Garrett Camp | United States | $6.3 B |
| 9 | Gustav Magnar Witzoe | Norway | $1.6 billion |
| 10 | Andres Santo Domingo | United states | $4.7 B |
| 11 | Alexandra Andresen | Norway | $1.5 Billion |
| 12 | Katharina Andresen | Norway | $1.5 billion |
| 13 | John Collison | Ireland | $1.1 B |
| 14 | Ludwig Theodor Braun | Germany | $1.1 B |
| 15 | Bobby Murphy | Philippines / American | $4 B |
| 16 | Wang Han | Chinese | $1.3 B |
| 17 | Eva Maria Braun-Luedicke | Germany | $1.3 B |
| 18 | Julio Mario Santo Domingo, III. | Brazil / American | $2.4 B |
| 19 | Tom Persson | Sweden | $2.1 B |
| 20 | Caroline Hagen Kjos | Norway | $2.5 B |
| 21 | Tatiana Casiraghi | American/ Colombian | $2.4 B |
| 22 | Ryan Graves | Canada | $1.6 B |
| 23 | Friederike Braun-Luedicke | German | $1.3 B |
| 24 | Kevin Systrom | United States | $1.2 B |
| 25 | Ben Silbermann | United States | $1.6 B |
| 26 | Liu Ruopeng | China | $1.3 B |
| 27 | Karl Friedrich Braun | German | $1.1 B |
| 28 | Drew Houston | United states | $1 B |
| 29 | Evan Sharp | United states | $1 B |
| 30 | Yang Huiyan | Chinese | $9 B |
| 31 | Eduardo Saverin | Brazil | $7.9 B |
| 32 | Brian Chesky | United states | $3.8 B |
| 33 | Joe Gebbia | United states | $3.8 B |
| 34 | Kirill Shamalov | Russian | $1.3 B |
| 35 | Katarina Martinson | Sweden | $1.1 B |
| 36 | Marie Besnier Beauvalot | French | $4 B |
| 37 | Frank Wang | Chinese | $3.6 B |
| 38 | Sean Parker | United States | $2.6 B |
| 39 | Adam Neumann | Israel | $2.5 B |
| 40 | Zhang Bangxin | China | $2.5 B |
| 41 | Mike Cannon-Brookes | Australia | $2.1 B |
| 42 | Scott Farquhar | Australian | $2.1 B |
| 43 | Markus Persson | Sweden | $1.4 B |
| 44 | Johanna Braun | United states | $1.1 B |
| 45 | Louise Lindh | Sweden | $1.1 B |
| 46 | Orion Hindawi | United states | $1 B |
| 47 | Julia Oetker | Germany | $2 B |
| 48 | Robert Toennies | Germany | $2 B |
| 49 | Vijay Shekhar Sharma | Indian | $1.3 B |
| 50 | Bryan Sheffield | United states | $1.3 B |
Related:
Top 100 Investors In The World
Top 100 Richest Countries In The World
Top 100 Highest Currencies In The World
Closing
The top young billionaires usually operate in technology which has been revealed to be a very fragile sector. As a result of the aftershock of covid 19; most tech stocks have been hit hard; therefore severely affecting the wealth of the industry’s key players. Nevertheless, the world’s economy is showing signs of recovery; and so things may soon go back to normal.