Thursday, 16 August 2012

Billionaires Under The Age Of 40

Money does not sleep, those that want it the most - work tireless and smart to get it. We shine the spotlight on 20 of the world's under 40 years filthy rich people.

No. 1: Dustin Moskovitz

Age: 27
Net Worth: $3.5 billion

Dustin Moskovitz was Mark Zuckerberg's Harvard roommate and Facebook's third employee. Despite his billions, he still bikes to work and flies commercial. Moskovitz has also joined Bill Gates' Givinb Pledge. He is just 8 days younger than his friend.

No. 2: Mark Zuckerberg

Age: 27
Net Worth: $17.5 billion

Don't let the hoodie and the sandals fool you, the Facebook founder controls 56.9% of firm's total pre-IPO voting power. The company's IPO is expected to hit in the next few months, possibly boosting his net worth even higher. Zuckerberg is only 8 days older than former roommate Dustin Moskovitz.

No. 3: Albert Von Thurn Und Taxis

Age: 28
Net Worth: $1.5 billion

Albert von Thurn und Taxis first joined Forbes' billionaire ranks at age 8 but officially inherited his fortune in 2001 on his 18th birthday. Eligible bachelor still lives in his family castle and races in a German auto-racing league.

No. 4: Scott Duncan

Age: 29
Net Worth: $4.1 billion

Scott Duncan is one of four children of the late energy pipeline entrepreneur Dan Duncan, the former richest man in Houston, who died in 2010 at age 77. Scott added $1 billion to his fortune in the last year as the company's share price climbed by one-fourth.

No. 5: Eduardo Saverin

Age: 30
Net Worth: $2 billion

Eduardo Saverin was immortalized in the movie, The Social Network, which portrayed him being betrayed by his onetime best friend Mark Zuckerberg. The former pals started Facebook together at Harvard, with Brazilian-born Saverin apparently providing early seed money.

No. 6: Yang Huiyan

Age: 30
Net Worth: $4.7 billion

Her low-key dad, Yeung Kwok Keung, transferred his holding of the family's main fortune, shares in family-controlled real estate developer Country Garden Holdings to her ahead of the company's Hong Kong IPO in 2007. Yang, China's richest person in 2007 (net worth then: $16.2 billion), has seen her fortune drop dramatically since, though she's wealthier than last year.

No. 7: Fahd Hariri

Age: 31
Net Worth: $1.3 billion

Fahd Hariri is the youngest son of slain Lebanese Prime Minister Rafic Hariri. He lives in Paris, where he got a degree in architecture. While still a student, he opened an interior design studio on the outskirts of the city, and sold furniture to clients in Saudi Arabia.

No. 8: Sean Parker

Age: 32
Net Worth: $2.1 billion

Facebook's first president is looking to disrupt the Web once again with Airtime, the social video site he plans to launch with his Napster co-founder, Shawn Fanning, by the end of 2012. He's also looking to fix the very music industry he helped break with Napster as an investor and board member of Swedish music platform, Spotify.

No. 9: Ayman Hariri

Age: 33
Net Worth: $1.3 billion

Ayman Hariri is the second-youngest son of slain Lebanese Prime Minister Rafik Hariri, who left behind a fortune now shared by his five children. On the board of Saudi Oger, he has overseen mega construction projects such as the Princess Noura Bint Abdulrahman University for Women, and the King Abdullah Financial District, both in Saudi Arabia.

No. 10: Robert Pera

Age: 34
Net Worth: $1.5 billion

Apple hardware engineer turned wireless networking entrepreneur struck out on his own in 2005 with the goal of bringing affordable internet access to the world's emerging markets. Six years later, Pera became a billionaire when his Ubiquiti Networks went public in October 2011.

No. 11: Yvonne Bauer

Age: 34
Net Worth: $2 billion

In December 2010 German publisher Heinz Bauer, age 72, transferred 85% of the limited partnership of the family-run business to his daughter Yvonne, who is the company's CEO. She is the fifth generation of the family to run the group, which was founded in 1875.

No. 12: Yoshikazu Tanaka

Age: 35
Net Worth: $4.3 billion

Yoshikazu Tanaka is the founder and CEO of Gree, a mobile gaming service that is Japan's biggest online social network. Gree aims to outpace Japanese rivals abroad: it acquired U.S. mobile gaming company OpenFeint last year, and works with China's largest net portal, Tencent.

No. 13: Maxim Nogotkov

Age: 35
Net Worth: $1 billion

New Russian billionaire Maxim Nogotkov got his start selling computer programs while in school and later began selling cordless phones. In 2000 he began trading cell phones wholesale and later founded cell phone retailer Svyaznoy; the privately held company is now the second-largest cell phone retailer in Russia.

No. 14: Alejandro Santo Domingo Davila

Age: 35
Net Worth: $9.5 billion

Alejandro became the face of his father's company after 87-year-old Julio Mario Santo Domingo Pumarejo died in October 2011. A Harvard history grad, the Columbian is the eldest son from the jet-setting beer magnate's second marriage. The family owns a private island, Baru, off the Caribbean coast of Colombia.

No. 15: Chase Coleman

Age: 36
Net Worth: $1.1 billion

A direct descendant of Peter Stuyvesant, Coleman is a Deerfield and Williams grad and "Tiger Cub" trained at Julian Robertson's famed hedge fund shop Tiger Management. His Tiger Global outperformed just about every hedge fund in the world in 2011, finishing the year up 45%.

No. 16: Yusaku Maezawa

Age: 36
Net Worth: $1.1 billion

Yusaku founded online fashion mall Zozotown, a wildly popular website with some 1,600 brands, mostly Japanese, and 4 million members. The website is structured like an actual mall where stores are set up; items are even sold on consignment.

No. 17: Andrey Verevskiy

Age: 37
Net Worth: $1 billion

Ukranian took agribusiness conglomerate Kernel Holding public on Warsaw stock exchange in 2007. Parliamentary deputy adroitly switched parties from Yulia Tymoshenko's bloc to new president Victor Yanukovich's bloc when the political winds shifted.

No. 18: John Arnold

Age: 38
Net Worth: $3 billion

Arnold began trading oil at Enron in 1995 and is said to have earned $750 million for company in 2001. When the energy outfit famously collapsed a year later, he went into business for himself founding Centaurus, a hedge fund focusing mostly on natural gas and energy trading.

No. 19: Kostyantin Zhevago

Age: 38
Net Worth: $1.8 billion

Ukraine's second-youngest billionaire recently purchased Danube River waterway transport provider Helogistics. Graduate of Kyiv State Economic University is also a parliamentary deputy, and he owns FC Vorskla soccer club.

No. 20: Fang Wei

Age: 38
Net Wroth: $1.1 billion

Beijing-based investor targets under-performing state-owned listed companies for restructuring. Fangda Group now has more than 30,000 employees across more than 10 provinces in China.

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