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Monday, October 25, 2010
Top 10 Youngest Billionaires 2010
1 ) Larry Page
(Net Worth : $12 Bil)
Larry Page is a US computer scientist best known as co-founder of
Google
Inc. With partner Sergey Brin, billionaire founders inspiration behind quirky, smarty-pants culture of Google. Since taking company
public
August 2004, the partners’ meteoric rise in wealth outpaces the rate set by Bill Gates and Paul Allen. Longtime tech exec Eric Schmidt brought on 2001; took company public 2004. Sales: $21.8 billion. Net margins: 19%. Page heads Google’s
product
division.
2 ) Sergey Brin
(Net Worth : $12 Bil)
Sergey Brin is a Russian-born American computer scientist[5] best known as the co-founder of Google, Inc., the world’s largest
Internet
company, based on its search engine and
online
advertising
technology.He met partner Larry Page (a tad older and a tad poorer) while both were students in the computer science Ph.D. program at Stanford. The duo dropped out to
start
Google in a
garage
they sublet from the sister of Brin now wife, Anne Wojcicki, whom he married in 2007.
3 ) Kostyantin Zhevago
(Net Worth : $3.4 Bil)
Ukraine’s youngest billionaire started out as finance director of bank Finance & Credit in 1992. Planning to take public Finance & Credit Bank in the next two years; this follows the successful initial
offering
of iron ore producer Ferrexpo in
London
in May 2007. Also a deputy in Ukraine’s parliament; ally of current Prime Minister Yulia Tymoshenko.
4 ) John Arnold (
Net Worth:$2.7 Bil)
In August, Arnold hardly fit the stereotype of a swaggering, 35-year-old billionaire natural-gas trader. Energy trader diversifying into hard assets: power plants, storage facilities. Father was a lawyer, mother an accountant. Raised in Dallas, graduated in 3
years
from Vanderbilt U. Became an oil trader at Enron in 1995; said to have generated $750 million of the firm’s profits in 2001. Returns stellar ever since: up 80% 2008 and 16% through July. Assets: $5 billion.
5 ) Xiaofeng Peng
(Net Worth : $2.5 Bil)
Born in Jiangxi province, Peng first founded Suzhou Liouxin Group, a manufacturer and exporter of work gloves, safety glasses, and other products. With the
help
of $80 million from venture capitalists, he founded LDK in 2005, took it public in 2007, and last year saw revenues more than triple to $1.6 billion.
6 ) Albert von Thurn und
Taxis
(Net Worth : $2.1 Bil)
Germany Age: 24 $2.3 billion, inherited The German prince appeared briefly on our billionaires
list
at age 8, but he officially inherited his fortune on his 18th birthday. Albert has been listed as the world’s youngest billionaire many times since his father’s death in 1990. He first appeared on the list when he was age eight. His net worth is estimated at around $2.1 billion (USD) as of 2009.
7 ) Shivinder Singh
(Net Worth: $ 1.6 Bil)
Brothers inherited family’s Ranbaxy Laboratories, now a $1.2 billion (sales) pharmaceutical firm. Company’s profits and stock have taken a hit this year, but brothers’
private holdings
are up. Both Duke
University
grads, inherited control of
generic
drug maker Ranbaxy Laboratories.
8 ) Mark Zuckerberg
(Net Worth : $1.5 Bil)
Mark Elliot Zuckerberg (born May 14, 1984) is an American
entrepreneur
best known for co-founding the popular social networking site Facebook. Worth $1.5 billion, the 23-year-old debuts on this year’s Forbes magazine’s list of the World’s Billionaires – where he is ranked 785th. While at Harvard, Zuckerberg created Facemash, a website that compared students’ dorm photos side-by-side in a fashion similar to HOT or NOT. Harvard administration was not amused, and Zuckerberg faced subsequent disciplinary action. Less than three
months
later, he launched Facebook.
9 ) Hind Hariri
(Net Worth : $1.4 Bil)
Hind Hariri is the youngest child of self-made billionaire. Age 24 $1.1 billion, inherited The daughter of late Lebanese Prime Minister Rafik Al-Hariri inherited a stake in her family construction,media and banking holdings after her father was assassinated in 2005. She was listed as world’s youngest female billionaire.
10 )
William
Ding
(Net Worth : $1.1 Bil)
Once China’s richest man, Ding is the founder of China’s No. 2 online
game
company, Netease. Its flagship game, Fantasy Westward Journey, is among nation’s top 10 downloads. Signed three-year contract with U.S. game developer Blizzard Entertainment to distribute “StarCraft II” and Battle.net to Chinese mainland. Netease’s U.S.-listed shares up 9% in past year. Enjoyed double-digit profit growth
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Vampir3
"The difference between school and life? In school, you're taught a lesson and then given a test. In life, you're given a test that teaches you a lesson"
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