10 Richest Tech Millennials In The World, Despite Covid-19 Pandemic
There are a total of 2,755 billionaires globally with a combined net worth of over $13 trillion. In fact, 2021 saw a record 491 new additions to the Forbes¡¯ list, roughly one new billionaire every 17 hours despite the COVID-19 pandemic.
There are a total of 2,755 billionaires globally with a combined net worth of over $13 trillion. In fact, 2021 saw a record 491 new additions to the Forbes¡¯ list, roughly one new billionaire every 17 hours despite the COVID-19 pandemic.
And while these ultra rich individuals have had decades to amass this ridiculous amount of wealth, there are 78 millennial billionaires aged between 23 and 38 years, who are collectively worth more than $400 billion, an analysis by PhysicalGold.com found.
One-third of these young billionaires are from the US, while another one-fifth call China their home -- most other countries fall far behind. Unsurprisingly, the technology industry (28) represents the most number of millennial billionaires with a combined net worth of over $250 billion, with the most significant contribution coming from Facebook CEO Mark Zuckerberg.
Getty Image
Mark Zuckerberg -
Net Worth: $97 billionAge: 36Source of Wealth: FacebookIndustry: TechnologyCountry: United StatesFor... Read More
Net Worth: $97 billion
Age: 36
Source of Wealth: Facebook
Industry: Technology
Country: United States
Forbes Billionaire Rank: #5
?
Zuckerberg co-founded the social-networking website Facebook in 2004 at the age of 19 and has since acquired several dozen companies to throttle competition and serve as multiple revenue streams for the company. These include more than 80 businesses in total, including WhatsApp, Instagram and Oculus among others. In 2015, Zuckerberg and his wife Priscilla Chan pledged to donate 99 percent of their Facebook shares to charity in a letter to their newborn daughter, Max.
Read Less
AFP
Zhang Yiming -
Net Worth: $35.6 billionAge: 37Source of Wealth: TikTokIndustry: TechnologyCountry: ChinaForbes Bill... Read More
Net Worth: $35.6 billion
Age: 37
Source of Wealth: TikTok
Industry: Technology
Country: China
Forbes Billionaire Rank: #39
?
Zhang Yiming, the Chinese billionaire internet entrepreneur, founded Bytedance in 2012 and developed news aggregator app Toutiao and the short-form video-app TikTok that has taken the world by storm, having been downloaded more than 1 billion times. According to the Bloomberg Billionaires Index, Zhang is the 13th wealthiest person in China.
Read Less
AFP
Dustin Moskovitz -
Net Worth: $17.8 billionAge: 36Source of Wealth: FacebookIndustry: TechnologyCountry: United StatesF... Read More
Net Worth: $17.8 billion
Age: 36
Source of Wealth: Facebook
Industry: Technology
Country: United States
Forbes Billionaire Rank: #107
?
Dustin Moskovitz helped launch the world's largest social network Facebook in 2004 with then-roommate Mark Zuckerberg. He left Facebook in 2008 to co-found Asana, a provider of task management software that went public in 2020. He still owns an estimated 2 per cent stake in Facebook. Moskovitz and his wife¡¯s philanthropic foundation Good Ventures pays for malaria eradication and marriage equality.
Read Less
AFP
Pavel Durov -
Net Worth: $17.2 billionAge: 36Source of Wealth: TelegramIndustry: TechnologyCountry: RussiaForbes B... Read More
Net Worth: $17.2 billion
Age: 36
Source of Wealth: Telegram
Industry: Technology
Country: Russia
Forbes Billionaire Rank: #112
?
Pavel Durov is the founder and owner of messaging app Telegram, the same application that recently saw an influx of tens of millions of Indian users following WhatsApp¡¯s change in privacy policy. Telegram has more than 500 million users worldwide and is completely free to use, like WhatsApp or Signal. Durov is often hailed as Russia's Zuckerberg for creating the country¡¯s biggest social network, Vkontakte, when he was only 22 years old.
Read Less
AFP
Lukas Walton -
Net Worth: $15.6 billionAge: 34Source of Wealth: WalmartIndustry: Fashion & RetailCountry: United St... Read More
Net Worth: $15.6 billion
Age: 34
Source of Wealth: Walmart
Industry: Fashion & Retail
Country: United States
Forbes Billionaire Rank: #127
?
The grandson of Walmart founder Sam Walton, Lukas inherited the family fortune after his father died in a 2005 plane crash. The American billionaire received about one-third of his father's estate and owns stakes in Walmart, First Solar and Arvest Bank.
Read Less
AFP
Cheng Yixiao -
Net Worth: $14.1 billionAge: 37Source of Wealth: KuaishouIndustry: Media & EntertainmentCountry: Uni... Read More
Net Worth: $14.1 billion
Age: 37
Source of Wealth: Kuaishou
Industry: Media & Entertainment
Country: United States
Forbes Billionaire Rank: #148
?
Cheng Yixiao started as a software engineer at HP where he met Yang Yuanxi with whom he would go on to start the video-sharing mobile app, Kuaishou, in 2011 (albeit, at that time it was used to share only GIF images). By 2013, the app had already reached 100 million daily users and doubled that number in less than six years. The app was rebranded as ¡®Snack Video¡¯ in India, which was also banned along with TikTok.
Read Less
AFP
Nathan Blecharczyk -
Net Worth: $12.4 billionAge: 37Source of Wealth: AirbnbIndustry: TechnologyCountry: United StatesFor... Read More
Net Worth: $12.4 billion
Age: 37
Source of Wealth: Airbnb
Industry: Technology
Country: United States
Forbes Billionaire Rank: #177
?
?
Blecharczyk is the co-founder and chief strategy officer of Airbnb, an online marketplace that connects people willing to rent out their homes to those looking for accommodation. The lodging-rental company, founded in 2008, has over 7 million listings in 1 lakh cities and 191 countries worldwide. It went public in December 2020 and a month later, rallied to a record high pushing its market valuation above $100 billion.
Read Less
The Filam
Bobby Murphy -
Net Worth: $12.4 billionAge: 37Source of Wealth: SnapchatIndustry: TechnologyCountry: United StatesF... Read More
Net Worth: $12.4 billion
Age: 37
Source of Wealth: Snapchat
Industry: Technology
Country: United States
Forbes Billionaire Rank: #185
?
Bobby Murphy co-founded Snap with his friend Evan Spiegel in 2011. It¡¯s a social media company and the parent of Snapchat, a popular ephemeral messaging application that has more than 280 million daily active users worldwide. The company keeps adding novel innovations to the app -- some really cool AR-based lenses, showing your live location on a world map as well as a designated ¡°Discovery¡± area that showcases short-form content from major publishers -- and they became so popular that Facebook, literally, stole some of them.
Read Less
AFP
Evan Spiegel -
Net Worth: $11.1 billionAge: 30Source of Wealth: SnapchatIndustry: TechnologyCountry: United StatesF... Read More
Net Worth: $11.1 billion
Age: 30
Source of Wealth: Snapchat
Industry: Technology
Country: United States
Forbes Billionaire Rank: #197
?
A billionaire by his 25th birthday, Spiegel launched the social media company Snap in 2011 with his Stanford University fraternity brother Bobby Murphy. He is the CEO of the camera company, which also creates other products, including hardware, like Snapchat Spectacles. Spiegel is also a major philanthropist having donated more than $150 million in Snap stock and along with Murphy, has promised to donate 13 million shares to the Snap Foundation.
Read Less
AFP
Sam Bankman-Fried -
Net Worth: $8.7 billionAge: 29Source of Wealth: cryptocurrencyIndustry: Finance & InvestmentsCountry... Read More
Net Worth: $8.7 billion
Age: 29
Source of Wealth: cryptocurrency
Industry: Finance & Investments
Country: United States
Forbes Billionaire Rank: #274
?
Sam Bankman-Fried, the world¡¯s richest person under the age of 30, is a US native who built his fortune in the cutting-edge world of cryptocurrency. The Financial Times writes that despite his wealth and lavish lifestyle, he shares an apartment with roommates and wears T-shirts and shorts to work, like most millennials. An MIT grad and former Wall Street ETF trader, he founded a quantitative crypto trading firm Alameda Research in 2017 and also the Hong-Kong based crypto derivative exchange FTX a couple of years later.
The indiatimes.com privacy policy has been updated to align with the new data regulations in European Union. Please review and accept these changes below to continue using the website. We use cookies to ensure the best experience for you on our website.
