Top 10 youngest billionaires in America : Here’s the full list according to the Forbes 400
Top 10 youngest billionaires in America : Here’s the full list according to the Forbes 400
1. Sam Bankman-Fried, crypto entrepreneur
Age:Â 29
Net worth: $22.5 billion
Industry: Tech, Finance
When Evan Spiegel was a cofounder and shareholder of the company behind social media behemoth Snapchat, he amassed a substantial fortune. Spiegel, who co-founded Facebook with Mark Zuckerberg, has remained in charge of the company he helped to found.
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2. Evan Spiegel, Snap CEO
Age:Â 31
Net worth: $13.8 billion
Industry: Tech
Evan Thomas Spiegel is an American businessman who is the co-founder and CEO of the American social media company Snap Inc., which he created with Bobby Murphy and Reggie Brown while they were students at Stanford University. Spiegel was the youngest billionaire in the world in 2015.
3. Bobby Murphy, Snap CTO
Age:Â 33
Net worth: $15.2 billion
Industry: Tech
Robert Cornelius Murphy is an American Internet entrepreneur and software engineer. He is the co-founder and the CTO of the American multinational technology and social media company Snap Inc., which he created with Evan Spiegel and Reggie Brown while they were students at Stanford University.
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4. Fred Ehrsam, Coinbase cofounder
Age:Â 33
Net worth: $3.5 billion
Industry: Tech, Finance
Frederick “Fred” Ernest Ehrsam III, is an American business executive and investor who is the co-founder and managing partner of cryptocurrency investment firm Paradigm. He is also the co-founder of cryptocurrency exchange Coinbase.
5. Lukas Walton, Walmart fortune heir
Age:Â 35
Net worth: $17.2 billion
Industry: Retail
Lukas Walton (born 1986/1987) is an American billionaire heir. He is the grandson of Sam Walton, the founder of Walmart.
Walton works for the Walton Family Foundation. He is the environment program committee chair for the Walton Family Foundation.
6. Baiju Bhatt, Robinhood cofounder
Age:Â 36
Net worth: $2.9 billion
Industry: Tech, Finance
Baiju Prafulkumar Bhatt is an American billionaire entrepreneur of Indian descent. He is the co-founder, along with Vladimir Tenev, of Robinhood, a US-based financial services company.
- Bhatt was co-CEO of Robinhood until November 2020, when he stepped down from that position.
- Since its launch, Robinhood’s no-commission trading model has revolutionized the brokerage industry.
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7. Mark Zuckerberg
Age: 37
Net worth: $134.5 billion
Source of wealth: Facebook
Mark Elliot Zuckerberg is an American media magnate, internet entrepreneur, and philanthropist. He is known for co-founding Facebook, Inc. and serves as its chairman, chief executive officer, and controlling shareholder.
During the 12 months that ended on June 30th, Facebook’s revenue exceeded $100 billion, adding nearly $50 billion to Zuckerberg’s fortune and making him one of only eight people on the Forbes 400 list to reach the milestone of being a centillionaire.
8. Dustin Moskovitz
Age: 37
Net worth: $24.1 billion
Source of wealth: Facebook
It went public in a direct listing in September 2020 and shares more than tripled the following year after Moskovitz cofounded it with Facebook colleague Justin Rosenstein in 2008. Despite owning a third of the $18 billion company (market capitalization), Moskovitz’s net worth is still largely dependent on his estimated 2 percent stake in Facebook, according to Forbes.
9. Brian Armstrong
Age: 38
Net worth: $11.5 billion
Source of wealth: Cryptocurrency exchange
Brian Armstrong is a billionaire American business executive and investor who is CEO of cryptocurrency platform Coinbase. He received media attention for his policy of keeping the workplace free of political activism.
A 19 percent stake in the crypto exchange became worth $11 million when Armstrong went public with it in April via a direct listing. It was revealed that the SEC threatened to sue Coinbase if it launched a crypto lending feature, and he also claimed that the SEC was the only regulator that refused to meet with him when he visited Washington in May. In a Twitter thread in September, he lashed out at the Securities and Exchange Commission. Later, Coinbase abandoned its lending product launch plans.
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10. Nathan Blecharczyk
Age: 38
Net worth: $10 billion
Source of wealth: Airbnb
Nathan “Nate” Blecharczyk is an American billionaire businessman. He is the co-founder and chief strategy officer of Airbnb, and chairman of Airbnb China. Blecharczyk was also the company’s first chief technology officer. He had an estimated net worth of US$9.3 billion in July 2021.
The biggest IPO of 2020, Airbnb went public in December last year and soared past a valuation of $100 billion on its first day of trading. Its second-quarter revenue of $1.34 billion was nearly 300 percent higher year-over-year than when the pandemic started. Blecharczyk and Chesky, both of whom are in their 40s, co-founded the vacation rental company in 2008. Earlier this year, Airbnb announced it would house 20,000 Afghan refugees for free as part of a pilot programme.
