America's Youngest Billionaires

coolshano

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  • Sep 1, 2007
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    America's Youngest Billionaires
    1) Dustin Moskovitz

    Net Worth: $1.4 billion
    Source: Facebook
    Age: 26

    America's youngest billionaire is eight days younger than his former Harvard roommate Mark Zuckerberg. Facebook's first chief technology officer, he left in 2008 to start Asana, a software company that allows individuals and small companies to better collaborate. For now, his entire fortune comes from his 6 percent stake in Facebook.
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    2)Mark Zuckerberg

    Net Worth: $6.9 billion
    Source: Facebook
    Age: 26

    The Harvard dropout and Facebook CEO was the biggest percentage gainer on this year's Forbes 400 list and the unwitting star of box-office hit "The Social Network." Last month he agreed to donate $100 million to Newark's troubled schools.

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    3)duardo Saverin

    Net Worth: $1.15 billion
    Source: Facebook
    Age: 28

    Brazilian-born Saverin co-founded Facebook with Harvard classmate Mark Zuckerberg and for a brief time had a one-third stake. When Zuckerberg quit school to relocate to California, Saverin stayed behind to graduate. A year later Facebook sued him; he countersued. The parties settled with Saverin apparently getting a 5 percent stake and co-founder bio on Facebook's site.

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    4)John Arnold

    Net Worth: $3.3 billion
    Source: hedge funds
    Age: 36

    The former Enron oil trader founded hedge fund Centaurus after the energy outfit famously collapsed. His fund now has $5 billion under management, and he and his wife Laura recently pledged half of their wealth to the Gates-Buffet challenge.

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    5)Sergey Brin

    Net Worth: $15 billion
    Source: Google
    Age: 37

    Emigrated from Russia at age 6; his mother was a research scientist at NASA. He met Larry Page in computer science Ph.D. program at Stanford and dropped out in 1998 to start Google. Brin now focuses on raising margins with Instant Search and building new businesses in communications, and he invests in space travel initiatives and Parkinson's research on the side.

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    6)Larry Page

    Net Worth: $15 billion
    Source: Google
    Age: 37

    The Google co-founder dropped out of his Stanford Ph.D. program in 1998 to start the search engine. Nowadays his personal passions include buying up chunks of residential Palo Alto for a network of houses that use new types of fuel cells, geothermal energy and rainwater capture. He also rides a Zero X electric dirt bike and an electric sports car from Tesla Motors, in which he and Sergey Brin are investors. Page is a board member of the X Prize Foundation, a nonprofit looking for breakthroughs in genomics, energy and space exploration.

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    7)Daniel Ziff

    Net Worth: $4 billion
    Source: inheritance, hedge funds
    Age: 38

    The youngest son of the late William Ziff Jr., who built the Ziff-Davis publishing empire (PC Magazine, Car & Driver, Boating) and later sold out. Daniel and his brothers Dirk and Robert inherited their father's fortune, which they have since reinvested in Ziff Brothers Investments. He recently got married.

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    8)Lorenzo Fertitta

    Net Worth: $1 billion
    Source: casinos, Ultimate Fighting Championship
    Age: 41

    Fertitta returns to billionaire status thanks to growing martial arts league Ultimate Fighting Championship, which he owns with his older brother Frank. Abu Dhabi investment is helping UFC go international. A scuba diver, he swims with sharks -- including tigers and great whites -- for fun.

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    9)Jerry Yang

    Net Worth: $1.15 billion
    Source: Yahoo!
    Age: 41

    Born in Taiwan, Yang moved to the U.S. at age 10. He created his Web directory in 1994 with partner David Filo when both were Stanford grad students. Yahoo! co-founder made his debut among America's 400 richest at age 29. Still with Yahoo!, but no longer its head honcho. He sits on other boards and makes a number of charitable donations.

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