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Six Top Youngest Billionaires In The World

Collins Ogutu | 4 months ago
6 Top Youngest Billionaires In The World
6 Top Youngest Billionaires In The World

Can you imagine having $24 billion when you're just 30 years of age?

In the article, we shed light on some of the youngest self-made billionaires in our world and try to explore the source of their fortunes.

Here are the youngest billionaires in the world:


6, Alexander Wang

Alexander Wang became the youngest self-made billionaire as recently as May 2022. 


He is probably one of the few people on this planet that actually gained from Russia's invasion of Ukraine as his company's artificial intelligence is charged with analyzing and calculating how much damage the Russian bombs caused in Ukraine.

This and several other lucrative deals with the US armed forces skyrocketed. Wang's company scale. 

AI to become one of the biggest high tech enterprises in America with a net worth of $7.2 billion. 

This also pushed Wang's personal bank account above 9 figures as he owns 15% of the company. 

The Young Asian Americans started the company when he was just 19 and quickly dropped out of school when his so-called Summer Project proved to be a billion dollar idea. 

Naturally, Wang does not flush out his cash yet. It takes some effort to retain your billionaire status for more than a month so you will not see the young new Mexican who currently resides in San Francisco with a flashy car or throwing money from the Golden Gate Bridge.

The boy is just 25. Give him some time and he will surely buy a $600 billion yacht in a few years.

If the price sounds a bit far fetched, just check the inflation rates and pray that this will remain a bad joke in a few months. 

5. Austin Russell

Just like Wang Russell was once the youngest self-made billionaire and also dropped out of school so he could run a successful business.This is another person besides Bill Gates and Mark Zuckerberg that lazy potheads will use to convince their parents that being in college is not that important. Austin, however, left Stanford University only after his project caught some traction, not because he overslept for two exams. 

The 26 year old Russell is currently worth. $1.6 billion and his company, Luminar, has reached a market value of seven point, $78 per share, or a total net worth of $2.67 billion.

Luminar is one of the biggest players in the development of autonomous cars. 

He is the founder and CEO of the company, which is an essential partner of Volvo and Toyota. In their efforts to build self driving cars. His technology is also used to perfect. Parking assistance technology and other close proximity vehicle alerts. 

If only he was so kind as to put a bit more pleasant melody and not that horrible beeping sound that can rip your eardrums out like most people on this list.

Russell uses his money to expand his business and rarely spends his finances on pointless luxuries. However, the young billionaire also gave a part of his fortune to charity, as recently he gave $70 million to the Central Florida Foundation. This placed him on the list of top donors of 2021.

He also donated $4 million to Team C's earlier this year, which shows his philanthropy was not just a one time occurrence.

4. Andy Fang Andy

Fang is one of the most enigmatic people on this list. The young billionaire keeps his personal life to himself, his entrepreneurial life. On the other hand, is on full display, the brilliant Asian American made a fortune by joining forces with Stanley Tang and two other Stanford University students to create DoorDash.

The company was estimated to own 60 percent of the US food delivery market. DoorDash was eventually at $4.67 billion and Andy owns approximately 4 percent of the company. His big hit came when Fang and his friends took the step and put door dash on the open market in March 2021, the company raised $3.4 billion and became one of the largest IPO's of the year Andy. However, does not count entirely on door dash for his $2.2 billion fortune. The young entrepreneur has various small projects that hopefully are on their way to becoming big. 

Furthermore, he invests heavily in stocks and that's how he managed to raise his fortune by a billion in less than a year. Much like most young entrepreneurs, he is trying to reinvest all his earnings into the business.  As he rarely buys expensive purchases nonetheless. He was noticed with a brand new Mercedes-Benz C-250. The luxurious automobile, however, is far less costly than what we're used to seeing from billionaires.

The car is worth a price tag of $50,000 for the floor model and roughly 90,000 for the full pack. 


3. John Collison


When Joan

Collisson first founded Stripe 12 years ago, he was only 18 at the time he

joined forces with his older brother Patrick. Who was also one of the youngest billionaires on the planet. 


Though he's already 34, stripe

became the background of hundreds of financial services worldwide,

with its elegant and trustworthy system that allows for secure financial

movement payments and other transactions. In 2010, the Irish born

entrepreneur received colossal backing from Elon Musk, Peter Thiel, Max

Levchin, and Sequoia Capital. 


With such funding, it's hard to imagine this

project. Pending any other way Collins made his first billion at the age of

25.


When Capital G and General Catalyst invested heavily in Stripe raising

the company's worth to $9.2 billion. 


Today, the company has increased its

market value by tenfold and its net worth is above $95 billion. 


So naturally John's wealth has also increased by 1000 and now he can enjoy 11.4 billion dollars in his bank account.


As anyone can imagine just like all self made billionaires John does not spend all his massive fortunes yet and still does not enjoy his hobby of flying aeroplanes.


He has a private jet that is not much luxurious. Collisson invested $ 20 million  into 1100 acres estate near Dublin's Western Airport and is now about to purchase the entire airfield.


After all this is the place where he learnt how to fly . If he is good at flying as he is at making millions.


The young  entrepreneur has a bright future and you will not be surprised to see him on Forbes top spot very soon.


2. Stanley Tang


Tang, the Hong Kong entrepreneur has been in the success path ever since he was 14. Back then he became the Amazon best selling author with his e-book 'C-Millions.' 


His true potential came out when he collaborated with Andy Fang, Tony Zhu and even more with his friends and classmates from Stanford University.


The combined their forces and created DoorDash, the handy mobile app that allows people to order and receive food with just a few clicks.


Within a couple of years, Stanley has managed to raise his net worth from $ 2.2 billion  to $ 18.8 billion making him one of the fastest growing billionaires in the world.


1. Sam Bankman-Fried


This brilliant entrepreneur is scaling his fortune by the day.

Just a few months ago his net worth was only 22.5  billion dollars and today he enjoys 1.5 billion more.


I know you won't believe this, Sam practically sleeps on the job. He is known for rarely leaving the office to avoid wasting time on commuting.


While most billionaires like looking presentable, this $ 24 billion  businessman is most often seen in saggy shorts and not so flattering t-shirts.


This is due to his philosophy of giving as much back to the society as possible.


He believes that one should strive to make money as they can but instead of spending it on themselves they should give it back to the society.




Can you imagine having $24 billion when you're just 30 years of age? 


In the article, we shed light on some of the youngest self-made billionaires in our world and try to explore the source of their fortunes.


Here are the youngest billionaires in the world:


6, Alexander Wang 


Alexander Wang

became the youngest self-made billionaire as recently as May 2022. 


He is

probably one of the few people on this planet that actually gained from

Russia's invasion of Ukraine as his company's artificial intelligence is

charged with analyzing and calculating how much damage the Russian

bombs caused in Ukraine. 


This and several other lucrative deals with the

US armed forces skyrocketed. Wang's company scale. 


AI to become one

of the biggest high tech enterprises in America with a net worth of $7.2

billion. 


This also pushed Wang's personal bank account above 9 figures as

he owns 15% of the company. 


The Young Asian Americans started the

company when he was just 19 and quickly dropped out of school when

his so-called Summer Project proved to be a billion dollar idea. 


Naturally,

Wang does not flush out his cash yet. It takes some effort to retain your

billionaire status for more than a month so you will not see the young

new Mexican who currently resides in San Francisco with a flashy car or throwing money from the Golden Gate Bridge.


The boy is just 25. Give

him some time and he will surely buy a $600 billion yacht in a few years.


If the price sounds a bit far fetched, just check the inflation rates and

pray that this will remain a bad joke in a few months. 


5. Austin Russell


Just like Wang Russell was once the

youngest self-made billionaire and also dropped out of school so he

could run a successful business. 


This is another person besides Bill Gates

and Mark Zuckerberg that lazy potheads will use to convince their

parents that being in college is not that important. 


Austin, however, left

Stanford University only after his project caught some traction, not

because he overslept for two exams. 


The 26 year old Russell is currently

worth. $1.6 billion and his company, Luminar, has reached a market value

of seven point, $78 per share, or a total net worth of $2.67 billion.


Luminar is one of the biggest players in the development of autonomous

cars. 


He is the founder and CEO of the company, which is an

essential partner of Volvo and Toyota. In their efforts to build self

driving cars. 


His technology is also used to perfect. Parking assistance

technology and other close proximity vehicle alerts. 


If only he was so

kind as to put a bit more pleasant melody and not that horrible beeping

sound that can rip your eardrums out like most people on this list.


Russell uses his money to expand his business and rarely spends his

finances on pointless luxuries.


However, the young billionaire also gave a part of his fortune to charity, as recently he gave $70 million to the Central Florida Foundation. 

This placed him on the list of top donors of 2021.

He also donated $4 million to Team C's earlier this year, which shows his philanthropy was not just a one time occurrence. 

4. Andy Fang Andy

Fang is one of the most enigmatic people on this list.

The young billionaire keeps his personal life to himself, his entrepreneurial life. 

On the other hand, is on full display, the brilliant Asian American made a fortune by joining forces with Stanley Tang and two other Stanford University students to create DoorDash. 

The company was estimated to own 60 percent of the US food delivery market. 

DoorDash was eventually at $4.67 billion and Andy owns approximately 4 percent of the company. 

His big hit came when Fang and his friends took the step and put door dash on the open market in March 2021, the company raised $3.4 billion andb became one of the largest IPO's of the year Andy.

However, does not count entirely on door dash for his $2.2 billion fortune. 

The young entrepreneur has various small projects that hopefully are on their way to becoming big. 

Furthermore, he invests heavily in stocks and that's how he managed to raise his fortune by a billion in less than a year. 

Much like most young entrepreneurs, he is trying to reinvest all his earnings into the business. 

As he rarely buys expensive purchases nonetheless. He wasn noticedwith a brand new Mercedes-Benz C-250.

The luxuriousa automobile however, is far less costly than what we're used to seeing from billionaires. 

The car is worth a price tag of $50,000 for the floor model and roughly 90,000 for the full pack. 

3. John Collison

When John Collisson first founded Stripe 12 years ago, he was only 18 at the time he

joined forces with his older brother Patrick. Who was also one of the youngest billionaires on the planet. 

Though he's already 34, stripeb became the background of hundreds of financial services worldwide,with its elegant and trustworthy system that allows for secure financial

movement payments and other transactions. In 2010, the Irish borne entrepreneur received colossal backing from Elon Musk, Peter Thiel, Max Levchin, and Sequoia Capital. 

With such funding, it's hard to imagine this project. Pending any other way Collins made his first billion at the age of 25.

When Capital G and General Catalyst invested heavily in Stripe raising

the company's worth to $9.2 billion. 

Today, the company has increased its

market value by tenfold and its net worth is above $95 billion. 

So naturally John's wealth has also increased by 1000 and now he can enjoy 11.4 billion dollars in his bank account.

As anyone can imagine just like all self made billionaires John does not spend all his massive fortunes yet and still does not enjoy his hobby of flying aeroplanes.

He has a private jet that is not much luxurious. Collisson invested $ 20 million  into 1100 acres estate near Dublin's Western Airport and is now about to purchase the entire airfield.

After all this is the place where he learnt how to fly . If he is good at flying as he is at making millions.

The young  entrepreneur has a bright future and you will not be surprised to see him on Forbes top spot very soon.

2. Stanley Tang

Tang, the Hong Kong entrepreneur has been in the success path ever since he was 14. Back then he became the Amazon best selling author with his e-book 'C-Millions.' 

His true potential came out when he collaborated with Andy Fang, Tony Zhu and even more with his friends and classmates from Stanford University.

The combined their forces and created DoorDash, the handy mobile app that allows people to order and receive food with just a few clicks.

Within a couple of years, Stanley has managed to raise his net worth from $ 2.2 billion  to $ 18.8 billion making him one of the fastest growing billionaires in the world.

1. Sam Bankman-Fried

This brilliant entrepreneur is scaling his fortune by the day.

Just a few months ago his net worth was only 22.5  billion dollars and today he enjoys 1.5 billion more.

I know you won't believe this, Sam practically sleeps on the job. He is known for rarely leaving the office to avoid wasting time on commuting.

While most billionaires like looking presentable, this $ 24 billion  businessman is most often seen in saggy shorts and not so flattering t-shirts.

This is due to his philosophy of giving as much back to the society as possible.

He believes that one should strive to make money as they can but instead of spending it on themselves they should give it back to the society.