Young Billionaires

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Amassing a multi-billion-dollar fortune is no easy task; it requires the perfect amount of skill, talent and sheer dumb luck to accomplish, and very few people have succeeded.  However, I recently came across an article discussing the 9 youngest billionaires.  One of the most well-known of these is Mark Zuckerberg, the 29 year-old founder and CEO of Facebook, whose net worth is approximately $28.5 billion.  That’s just a few billion shy of the net worths of Google’s founders, Sergey Brin and Larry Page, both of whom are only in their early forties.  The number of young billionaires is growing, and while some of them inherited their fortunes, many of them are hard at work amassing their fortunes.

Mark Zuckerberg

Mark Zuckerberg, whose astounding fortune only continues to grow.

Eduardo Saverin, the co-founder of Facebook, sued Zuckerberg after not being given credit for it.  Thanks to a generous settlement, he is still a part owner of the company, and his wealth is estimated at around $4 billion.  Also tied in with the Facebook fortune is Sean Parker, the co-founder of Napster who invested in Facebook, and Dustin Moskovitz, who worked on the site in its early stages with Zuckerberg before leaving to start the software company Asana.  Another tech billionaire is Robert Pera, who founded Ubiquiti Networks in 2011 after working at Apple.  Ubiquiti went public in October 2011 and made Pera a billionaire.  However, in the volatile stock market, Pera’s fortune rises and falls on a regular basis.

Fahd Hariri, with a net worth of $1.2 billion, is the son of former Lebanese Prime Minister Rafic Hariri.  Taking a large inheritance left to him by his father, he expanded on it through construction, real estate and investments.  His brother, Ayman Hariri, also used his inheritance money to work in the construction division as a board member of a construction, telecom and real estate conglomerate known as Saudi Oger.  Another young billionaire who inherited his fortune is the German prince Albert von Thurn und Taxis, who used his sizable fortune to invest, and is worth around $3.8 billion.  Other inherited billionaires include Scott Duncan, the son of energy tycoon Dan Duncan, and Yang Huiyan, the daughter of real estate mogul Yeung Kwok Keung.

 

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