If you want to get rich at a young age (youngest tech billionaires), I would suggest technology breakthroughs.
Most of the billionaires in their 30s and 60s / 70s are getting rich in technology. Peter Thel Elon Musk Sergei Brin Larry Page Jeff Bezos Bill Gates Billionaires like Mark Zuckerberg are in the tech industry and have dominated the list of the world’s richest people for decades. According to market research, the rate of young tech founders is rising to become billionaires before the age of 30. In this article, I would like to introduce five young people who have become the youngest billionaires in technology.
(5) Mark Zuckerberg
Of the five smallest tech billionaires, Matt is currently the oldest and richest. Mark, born in May 1984, is now 37 years old. I do not think I need to introduce myself too much. Mark is the founder of Facebook, the world’s largest social media company, and is currently the company’s CEO.
Facebook was founded in 2004, and in 2012, at the age of 28, when he went public, he made $ 15 billion. His current net worth is estimated at $ 120.4 billion, according to Forbes.
(4) Pavel Durov
Pavlov Rov, 36, is also a social media mogul. He co-founded the Russian social networking company VK and Telegram Messenger with his older brother, mathematician and programmer Nikolai. VKontakte, abbreviated as VK, was founded in 2006 by the 22-year-old college graduate.
In 2014, the Kremlin ousted as VK CEO after the company fell to Putin’s allies. In 2015, VK sold a 12% stake in it for about $ 300 million. He later resigned from Russia and became a Caribbean citizen. The 36-year-old has a net worth of $ 17.2 billion, according to Forbes.
(3) Evan Spiegel
Another young tech billionaire is getting rich with social media. While attending school in Stanford, Evan Spiegel was accompanied by his friends Bobby Murphy, He co-founded Snapchat with Reggie Brown. In August 2014, Snapchat became a $ 10 billion business thanks to an investment from investment firm Kleiner Perkins.
In 2017, Snap Inc. went public on the New York Stock Exchange. The IPO priced at $ 17 per share, up from $ 24 at its opening. On the day of the IPO, Spiegel sold 16 million shares and raised $ 272 million tax-free. At the age of 26, Evan Spiegel was one of the youngest CEOs of a public company.
He is currently 31 years old and has a net worth of over $ 12 billion, according to Forbes.
(2) John Collison & Patrick Collison
John and Patrick co-founded Stripe in 2010 by Irish Colossians. The following year, the company received a $ 2 million investment from Peter Theil and Elon Musk. In 2016, the 26- and 28-year-old brothers became the youngest billionaires in the world.
Their current business is worth $ 95 billion, and Forbes estimates their combined net worth is $ 9.5 billion each.
(1) Austin Russell
Austin Russell founded Luminar Technologies at the age of 17. At the end of 2020, he became the youngest billionaire with a net worth of $ 2.4 billion, when he went public with his company on the Nasdaq. Luminar driverless car company is currently worth $ 10.5 billion.
Austin Russell, one of the first billionaires to become a driver with driverless car technology, is now just 25 years old.