Wealth Blog

Finance Blogs » Wealth Blog » Who are the youngest billionaires?

Who are the youngest billionaires?

By Judy Martel · Bankrate.com
Tuesday, June 5, 2012
Posted: 5 pm ET

You've probably heard of 28-year-old Facebook CEO and founder Mark Zuckerberg, but do you know who Dustin Moskovitz is? He's another 28-year-old billionaire. A Facebook alum who left the company to work on another start-up, he has an estimated net worth of approximately $3.5 billion, according to Forbes.

Mark Zuckerberg, CEO of Facebook

Who would have thought anyone could become a billionaire while still in their 20s without inheriting money? The Internet age has produced a new breed of rich, with Zuckerberg leading the pack. Even after the Facebook IPO, his wealth is estimated at $15 billion.

U.S. News and World Report recently published a list of the world's 10 youngest billionaires. Four of them are connected to Facebook.

Aside from Zuckerberg and his college pal Moskovitz, the other two Facebook billionaires are Sean Parker, 32, the first president of the company, and Eduardo Saverin, 30, co-founder, each of whom have an estimated $2 billion.

Fahd and Ayman Hariri, both in their early 30s, inherited their billions from their father, Rafic Hariri, the late prime minister of  Lebanon. Likewise, Scott Duncan inherited approximately $4 billion from his father, who founded an energy pipeline company.

The only woman on the list, Yang Huiyan, gained her billions from a wealth transfer from her father, who founded a high-end real estate company in China.

Keep up with your wealth and mortgages and follow me on Twitter.

Get more news, money-saving tips and expert advice by signing up for a free Bankrate newsletter.

Bankrate wants to hear from you and encourages comments. We ask that you stay on topic, respect other people's opinions, and avoid profanity, offensive statements, and illegal content. Please keep in mind that we reserve the right to (but are not obligated to) edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.

By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.
June 07, 2012 at 11:18 am

money does not make you happy the wealthy peopole i know are miserable

June 07, 2012 at 11:06 am

Meanwhile, I am an unemployed college graduate with a large pile of beautiful loans and a B.S. in math. AWESOME!
This is so inspiring !!
Maybe my children will be on the next list!

The obv
June 07, 2012 at 11:01 am

Mara, stop whining. Men count more

June 07, 2012 at 10:39 am

Who cares ? People just can't help themselves when it comes to counting other person`s money...

Francine Williams
June 07, 2012 at 9:38 am

Congratulations! The people I could help if I were in their shoes. Invest it & spend it wisely. Having $ comes with a heavy responsibility as I am sure you have come to know.

June 07, 2012 at 9:38 am

Mara, stop whining

June 07, 2012 at 9:02 am

*retires = retire

June 07, 2012 at 9:01 am

Love to have some of their monies to retires, and pursue a Texas Holdem Career.

June 07, 2012 at 8:17 am

as seen front page sarasota newspaper 6/6, where is your list of the FEMALE INTERNET BILLIONAIRES,many listed. how could you "not" give this the news warranted????? an example of an extremely bad news report.....i will in the future, not use you as my morning newspaper,will return to n.y. times,wall street journal. mara burke

June 07, 2012 at 8:08 am

may i have some of your MONEY please