mark zuckerberg

Top 10 Youngest Billionaires in the World – Forbes 2012 List




Forbes magazine released the list of youngest billionaires in the world in March, 2012.

All the billionaires in this list are less than 35 years old. The youngest billionaire in the world is 27-year-old Dustin Moskovitz, who was a roommate of Facebook founder Mark Zuckerberg.
Dustin Moscovitz is only 8 days younger than Mark Zuckerberg. They both dropped out from school & moved to California to flourish the social networking site, Facebook.

Check Out the list of Top 10 youngest billionaires in the world:

1. Dustin Moskovitz

Age: 27
Net Worth $3.5 B
Source of Wealth: Facebook and Self Made
Residence: San Francisco, CA
Education: Drop Out, Harvard University
dustin Moskovitz

Dustin Moskovitz was Mark Zuckerberg’s Harvard roommate & Facebook’s 3rd employee. He was its first CTO and then Vice President of Engineering. He left in 2008 to start Asana, a collaboration & messaging software company that aims at tracking “the collective memory of organizations.” Moskovitz sold a one per cent stake in Facebook, but vows not to change his life much. He bikes to work & flies commercial.

He recently got engaged to former journalist Cari Tuna. The two met on a blind date. Tuna is looking after his philanthropic outfit, Good Ventures. Both are hoping to use the transparency & community of the Web to guide giving. So far they’ve pledged to anti-malaria, education, & poverty-fighting charities.

2. Mark Zuckerberg


Desgination: Founder, Facebook
Age: 27
Net Worth $17.5 B
Source of Wealth: Facebook, self-made
Residence: Palo Alto, CA
Education: Drop Out, Harvard University

mark zuckerberg

Mark Zukerberg is the founder and CEO of the most successful networking site of the present time. Facebook recently filed paperwork to go public & analysts predicted a $100 billion valuation. But until that happens FORBES is sticking with a conservative value for the Facebook chief’s stake.

3. Albert Von Thurn Und Taxis


Age: 28
Net Worth: $1.5 B
Source of wealth: Diversified
Residence: Regensburg, Germany
Education: Master of Arts, University of Edinburgh; Bachelor of Arts / Science, University of Edinburgh

Albert_Thurn_Und_Taxis

Albert von Thurn und Taxis was first appeared on Forbes’ billionaire list at the age of 8 but officially inherited his fortune only in 2001 on his 18th birthday. His assets include art, real estate, & 36K hectares of woodland in Germany, one of the largest forest holdings in Europe. He also wanted to build one of the world’s largest solar energy installations in Bavaria but his plan was put on hold after government financial support was cancelled. He is also a race car driver and races in German auto-racing league.

4. Scott Duncun


Age: 29
Net Worth: $4.1 B
Source of Wealth: Pipelines
Residence: Houston, TX

Scott _Duncan

Scott Duncun owned a pipeline company, Enterprise Products. He is 1 of the 4 children of the late energy pipeline entrepreneur Dan Duncan, the former richest man in Houston, who died at the age of 77 in 2010.
Scott added $1 B to his fortune in 2011 as the company Enterprise Products share price climbed by 25%.

5. Yang Huiyan


Age: 30
Net Worth: $4.7 B
Source of Wealth: Real Estate
Residence: Guangdong, China
Education: Bachelor of Arts / Science, Ohio State University

yang-huiyan

Yang Huiyan is one of the major stake-holders in real estate developer company, Country Garden Holdings. Ahead of the company’s Hong Kong IPO in 2007, her father Yeung Kwok Keung, transferred his holding of the family’s main fortune and shares in family-controlled real estate developer Country Garden Holdings to her. She was the China’s richest person in 2007 with a wealth of $16.2 billion , but her wealth drastically dropped to $4.7 billion.

6. Eduardo Saverin


Age: 30
Net Worth: $2 B
Source of Wealth: Facebook, self-made
Residence: Singapore, Singapore
Education: Bachelor of Arts / Science, Harvard University

Eduardo_Saverin

The Brazilian-born Eduardo Saverin is one of the four co-founders of Facebook who initially invested money that earned him a 1/3rd stake. His share fell to 30% when Zuckerberg’s roommate, Dustin Moskovitz, joined Facebook. Facebook later sued him for allegedly interfering with business & insisting on keeping a 30% stake; Saverin countersued. Both the parties settled, and Saverin apparently receiving a 5% stake and a co-founder bio on Facebook’s website.
Now a resident of Singapore, Eduardo has sold more than half of his stake in facebook and has invested in startups Qwiki and Jumio, which created the online payment Netswipe.

7. Fahd Hariri


Age: 31
Net Worth: $1.3 B
Source of Wealth: Construction and Investments
Residence: Paris, France

fahd hariri

Fahd Hariri is the youngest son of slain Lebanese PM Rafic Hariri. He lives in Paris(France), where he got a degree in architecture. While still a student, he opened an interior design studio on the outskirts of the city,& sold furniture to clients in Saudi Arabia. He’s now developing residential buildings in Beirut.

8. Sean Parker

Age: 32
Net Worth: $2.1 B
Source of Wealth: Facebook and Self-made
Residence: New York, NY

sean parker

Sean Parker was Facebook’s 1st president. He co-founded Napster, a free online music service, along with Shawn Fanning. After several oppositions & lawsuits from the recording industry, Napster was ordered to shut down.

Parker is currently planning to launch Airtime, the social video site, with Shawn Fanning by the end of 2012.He is also looking to fix the very music industry he helped break with Napster as an investor and board member of Swedish music platform, Spotify.
His fortune will definitely rise after Facebook’s IPO this spring.

9. Ayman Hariri


Age: 33
Net Worth: $1.3 B
Source of Wealth: Construction and Investments
Residence: Riyadh, Saudi Arabia

ayman-hariri

Ayman Hariri is the 2nd-youngest son of slain Lebanese PM Rafik Hariri, who left behind a fortune now shared by his 5 children. He sits on the board of Saudi Oger, a construction, telecom & real estate conglomerate. He looks after the group’s construction division, which is behind projects such as the Princess Noura Bint Abdulrahman University for Women, & the King Abdullah Financial District, both in Saudi Arabia.

10. Robert Pera


Age: 34
Net Worth: $1.5 B
Source of Wealth: Ubiquiti Networks and Self-made
Residence: San Jose, CA
Education: Master of Science, University of California, San Diego; Bachelor of Arts / Science, University of California, San Diego

robert pera

Robert Pera founded Ubiquiti Networks in 2005, a next-generation communications technology company. The Apple hardware engineer turned wireless networking entrepreneur, says “Apple’s a great company, but I realized I wanted to have more success faster.”

Six years later, Pera became a billionaire when his Ubiquiti Networks went public in Oct, 2011.

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