Top 10 Young Billionaires under 40

Facebook is definitely in but the guy who created it — Mark Zuckerberg — is out of Forbes Magazine‘s 2009 list of the world’s youngest billionaires.

The 24-year-old Facebook creator was the youngest billionaire in 2008 with around $1.5 billion networth. This year, he was dislodged from the Top 10 as the company’s revenues did not follow the growth of the site’s membership.

The title of youngest billionaire is now held by German Prince Albert von Thurn und Taxis with a networth of $2.1 billion.

Google founders Sergey Brin and Larry Page are still the richest among the young billionaires.

Here is the 2009 list of the world’s richest and youngest, ranked based on networth.

2009 List of World’s Youngest Billionaires under 40

#1 & 2. Sergey Brin and Larry Page
Age: Brin (35) and Page (36)
Net Worth: $12 billion each

Both sons of Professors, the two met in a computer science Ph.D. program at Stanford University. Dropped out in 1998 to start Google from a friend’s garage. Google went public in 2004. Fortune down $6.6 billion since last March after stock fell 30% Sales: $21.8 billion. Net margins: 19%.

#3. Sheik Mansour Bin Zayed Al Nahayan
Age: 39
Net Worth: $4.9 billion

A member of Abu Dhabi’s royal family, shelled out $300 million for soccer team Manchester City last September. One month later, he rescued British bank Barclays from possible nationalization with a $5 billion cash investment. Wields major clout at home: chairs the state’s oil-oriented sovereign wealth fund; serves as minister of United Arab Emirates Presidential Affairs.

#4. Daniel Ziff
Age: 37
Net Worth: $3.5 billion

Along with older brothers Dirk and Robert, invests in real estate, hedge funds, corporate debt, and equities via Ziff Brothers Investments. Father was publishing magnate William Ziff Jr. (died in 2006), who inherited the Ziff-Davis publishing company from his father in 1953 and parlayed it into niche media conglomerate (PC Magazine, Car & Driver, Boating). Three sons cashed out when family sold 95% of business to Forstmann Little for $1.4 billion in 1994; father retired to Florida. Today, family trust said to be worth more than $10 billion.

#5. John Arnold
Age: 35
Net Worth: $2.7 billion

Became an oil trader at Enron in 1995; said to have generated $750 million of the firm’s profits in 2001 at the age of 27. Founded Centaurus Energy hedge fund after Enron’s bankruptcy. Returns said to exceed 200% a year since 2002.

#6. Prince Albert von Thurn und Taxis
Age: 25
Net Worth: $2.1 billion

This year’s youngest billionaire first appeared on the World’s Billionaires list at age 8, but the German prince officially inherited his fortune in June 2001 on his 18th birthday. Attended high school in Rome, studied economics and theology at Edinburgh University in Scotland. Assets include real estate, art, a technology company and 30,000 hectares of woodland in Germany. Tours with a German auto-racing league.

#7. Chu Lam Yiu
Age: 39
Net Worth: $1.5 billion

The only woman on the list, chairs Huabao International which makes fragrances and flavorings for use in cigarettes, detergents, beverages, dairy products and cosmetics. Fortune fell 20% since last March after manufacturing slowdown. Founded the company a decade ago; took it public through a backdoor listing. Sold 9% in 2008; still owns two-thirds of shares.

#8. Kenneth Griffin
Age: 40
Net Worth: $1.5 billion

Started trading stocks from Harvard dorm room; founded Chicago hedge fund outfit Citadel with $4.6 million in 1990. Today, firm manages $13 billion (down 35% from peak last year); accounts for roughly 10% of U.S. equity trading volume. Flagship Wellington Fund plunged 55% in 2008. Shut down Fusion, a $1 billion hedge fund of funds, in October. Net worth down $2.2 billion — 60% — since September.

#9. William Ding
Age: 38
Net Worth: $1.1 billion

Founder of China’s No. 2 online game company, Netease. Was once China’s richest man. Flagship game, “Fantasy Westward Journey,” among nation’s top 10 downloads. Signed three-year contract with U.S. game developer Blizzard Entertainment to distribute “StarCraft II” and to Chinese mainland. Netease’s U.S.-listed shares up 9% in past year.

#10. Jerry Yang
Age: 40
Net Worth: $1.1 billion

Met partner David Filo in grad school at Stanford, turned Internet directory project into Web portal Yahoo!. Took it public 1996. Yahoo! co-founder quit as chief executive in January. Yahoo! stock is down nearly 55% since original Microsoft offer last February.

Are you young — and rich enough! — to be part of this list?

Source: Forbes

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27 thoughts on “Top 10 Young Billionaires under 40”

  1. hmmmmmmm… its just good to note that 4 of them had to do with computer related businesses. 2 inherited their wealth, 3 had something to do with finance and 1 was a woman… hmmmmmmmm…. it just shows how much untapped potential there is in the information technology industry…

    ~the earning student

  2. Parang yung kanta sa Kaleidescope World:

    “Some are rich because of fate and Some are poor with no food on their plate”
    “Some have some while some have most”

    • @ribbit, sige send mo sa akin ang profile mo para madagdag kita as #11! Hehehe…

      @Dinah, asa pa ako. Nde ako malalagay jan ever… πŸ™‚

      @ice_hot, nde lang yata yung age ang problema, wala rin akong sapat na net worth para masama sa list. πŸ˜‰

      @Lito, may Francism hangover ka pa yata. Pero fave song ko yan nung bata ako.

      Sana nga next time may Pinoy nang malalagay sa list na yan. Meron ba rito na may potential?

  3. How about those Porn webmasters? πŸ˜€ I noticed they’re not included in Forbes. πŸ™‚ A lot of those big porn companies are billionaires!

  4. LOL.. lets say i know the adult biz..but yeah i am an adult webmaster :).. and i know some having an income of $100,000 or more a day in porn(obviously i dont get an income like this)… hayy buhay sana kasingyaman ntin sila..

  5. Wala pang Pinoy sa list na to kasi kung dito ka lang mag-eearn na pera, at you have to convert that in dollars, siempre dehado ka na kaagad.hehe..Mayayaman na man din tayo in our own ways eh, matatalino tayong mga Pinoy, hindi nagjujump off the window kung malugi, hehe..babangon at babangon pag nadapa, hindi pa ba sapat na kayaman yun? hehe..Tsaka for inspiration lang tong mga taong to, for us to keeo going with our goals in life. Isa, hindi rin naman siguro natin nanaisin pa ang buhay at kayaman na tulad nila, kasi much is given, much is required.:)

    Thanks for the list James

  6. tama yun.. nice jonhar.. we don’t need too much money in this world.. d nman yun mddala pagpatay na isang tao.. mhalaga nkgawa k ng mabuti.. nai share mu kng anung meron k.. khit kpiranggot na tinapay pa yan n binigay mo s kapwa mo pra maisalba ang gutom niya kahit papano.. ok na yun.. extra credit na yun..

  7. Ang yaman nga nila, anu kya kung sila nlng ang mgbyad ng utang ng Pilipinas s World Bank. .haha. .share your Blessings,di nyo madadala s kbilang Daigdig yan. .jeje. .

  8. May mga gus2 lang akong itanong
    1. Ngcocomute p kaya sila pg bumbyahe?
    2. Nalabas kya sila ng bhay ng wlang body guard?
    3. May kaibgan at kamag anak p kya silang mhirap?
    4. Bilang kaya nila ang eksaktong amount ng pera nila?
    5. Nakikihalobilo kaya sila sa mahi2rap?
    6. Maghihirap pa kya sila?
    7. Lahat kya ng material na bagay na ginusgus2 nila n mgkaroon sila eh binibili nila?
    8. Bkit kya hindi nila mgawang ipamahagi sa mhi2rap, yung sobra sa yaman nila para wla ng mghrap. .jeje
    9. Meron kya sa knila ang yumaman ng dhil s illegal na pmmaraan?
    10. Bkit wlang Pilipino n mksma s pinaka mayamang tao
    s buong mundo??pero ang dmi namang sikat n Pinoy…gastador siguro mga Pilipino o kya ayaw nilang ideclare ung kinikita nila dhl ayaw mpgbyad ng mlaking buwis..haha

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