The 21st century has seen an explosion of young internet entrepreneurs creating billion-dollar empires. In this article, we take a look at the ten richest young internet billionaires under the age of 40.
The richest young billionaires:
1) Mark Zuckerberg ($155 billion)
39 years old / founder Facebook |
2) Dustin Moskovitz ($22.7 billion)
39 years old / co-founder of Facebook and founder of Asana |
3) Nathan Blecharczyk ($10.5 billion)
40 years old / co-founder of Airbnb |
4) John Collison ($7.2 billion)
33 years old / co-founded Stripe together. |
5) Patrick Collison ($7.2 billion)
35 years old / co-founded Stripe together. |
The five richest have only three companies between them. Facebook was founded by five friends, and Stripe was founded by the Collisons. There may be something to be learned from that. If you want to be a successful and rich internet entrepreneur, then you should get business partners.
The Richest Billionaire Young Entrepreneurs
Mark Zuckerberg
39 years old / worth $155 billion / founder Facebook
Mark Zuckerberg is the founder and CEO of Facebook, the world’s largest social media network. He is worth an astounding $155 billion. Zuckerberg has transformed how we connect online, creating a platform that has become integral to our daily lives. He is constantly working on new innovations, such as virtual reality and augmented reality, to enhance the user experience on his platform.
An interesting fact about Mark Zuckerberg: He is known for wearing the same grey t-shirt every day.
Dustin Moskovitz
39 years old / worth $22.7 billion / co-founder of Facebook and founder of Asana
Dustin Moskovitz is a co-founder of Facebook and is worth $22.7 billion. After leaving Facebook, he founded Asana, a productivity company that helps teams manage their tasks and projects. Moskovitz is a philanthropist, having donated millions of dollars to causes such as fighting poverty and immigration reform. He is also a signatory of The Giving Pledge, a commitment to donate the majority of his wealth to charitable causes.
An interesting fact about Dustin Moskovitz: He is the youngest self-made billionaire in history.
Nathan Blecharczyk
40 years old / worth $10.5 billion / co-founder of Airbnb
Nathan Blecharczyk co-founded Airbnb, the world’s largest online marketplace for short-term lodging rentals. He is worth $10.5 billion and is currently the Chief Strategy Officer of Airbnb. Blecharczyk oversees the company’s global strategy and operations. He is also a board member of The Pritzker Foundation, a philanthropic organization that supports innovative solutions to societal problems.
An interesting fact about Nathan Blecharczyk: He initially started Airbnb to make extra money to pay his rent.
John and Patrick Collison
They are 33 and 35 years old / both are worth $7.2 billion / co-founded Stripe together.
John and Patrick Collison are brothers and co-founders of Stripe, a payment processing company that helps businesses accept payments online. They are each worth $7.2 billion. The Collison brothers started Stripe when they were teenagers, and it has since grown into a significant player in the financial tech industry. They continue innovating with new features and have expanded Stripe’s capabilities beyond payment processing.
An interesting fact about John Collison: He learned how to code at the age of eight.
An interesting fact about Patrick Collison: He dropped out of college at the age of 19 to start Stripe.
Kevin Systrom
40 years old / worth $2.6 billion / founder of Instagram
Kevin Systrom founded Instagram, a social media app that allows users to share photos and videos. Systrom has since left Instagram but continues to invest in startups. He aims to create products people love to use and improve their lives. Systrom is also a philanthropist, donating millions of dollars to causes such as education and the environment.
Kevin Systrom sold Instagram to Facebook for $1 billion in cash and stock in 2012.
An interesting fact about Kevin Systrom: He was an intern at Odeo, which later became Twitter.
Tony Xu
Tony is 39 years old / worth $2.1 billion / co-founded DoorDash
Tony Xu co-founded DoorDash, a food delivery service that partners with local restaurants to deliver food to customers. He is worth $2.1 billion and aims to create an efficient and reliable food delivery service for everyone. Xu is also a philanthropist, having donated millions of dollars to causes such as education and healthcare.
An interesting fact about Tony Xu: He initially started DoorDash as a class project at Stanford University.
David Karp
37 years old / worth $2 billion / founder of Tumblr
David Karp founded Tumblr, a microblogging platform that allows users to share text, photos, and videos. He is worth $2 billion. Karp has since left Tumblr but continues to invest in startups. He aims to create products people love to use and improve their lives. Karp is also a philanthropist, donating millions of dollars to causes such as education and the environment.
An interesting fact about David Karp: He coded the original version of Tumblr in just two weeks.
Stanley Tang and Andy Fang
They are both 32 / they are both worth $1.2 billion / they co-founded DoorDash together
Stanley Tang and Andy Fang are co-founders of DoorDash, a food delivery service that partners with local restaurants to deliver food to customers. They are each worth $1.2 billion. DoorDash has become a major player in the food delivery industry, expanding to over 4,000 cities across the United States, Canada, and Australia. Tang and Fang aim to create an efficient and reliable food delivery service for everyone.
DoorDash went public in December, 2020 and is currently worth approximately $62 billion. We interviewed Stanley before DoorDash become such a big success, it’s well worth a read.
An interesting fact about Stanley Tang: He created his first business at the age of 14.
An interesting fact about Andy Fang: He initially started DoorDash to help his parents’ Chinese restaurant survive.
Conclusion
These young internet billionaires have not only created successful businesses but also disrupted industries and revolutionized how we live our lives. They continue to invest in new startups and work towards creating a better world.
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