Top 20 Richest Under 30: How Did They Do It?
Introduction
When we think of wealthy people, we often picture businessmen in their 40s or 50s who have spent decades building up their empires. However, times are changing, and these days, young entrepreneurs are making a name for themselves in the business world. They are creating companies that change our lives and becoming millionaires while in their 20s and 30s. This post is about 20 very rich people under 30 years old – the people who have made a fortune completely or mostly on their own. Some even make the list of the richest people in the world. These young self-made millionaires are inspirational and provide us with motivation to chase our dreams.
Those Who Achieved Great Wealth Before Reaching 30
1. Kylie Jenner (Net worth: $900 million)
Kylie Jenner claimed the top spot in Forbes’ list of youngest self-made billionaires in 2019, thanks to her makeup line, Kylie Cosmetics. She is only 23 years old. While the term “self-made” is a subject of debate, she is still a mogul who started her business at the age of 17, and single-handedly built it with her own money.
2. Alexandra Andresen (Net worth: $1.2 billion)
20-year-old Alexandra Andresen is a Norwegian heiress who inherited 42% of Ferd, a holding company that has interests in pharmaceuticals, finance, industry, and retail. She and her sister, Katharina Andresen, are both billionaires.
3. Gustav Magnar Witzoe (Net worth: $4.4 billion)
At 28 years old, Gustav Magnar Witzoe is Norway’s third richest person and inherited almost half of his father’s stake in fish feed producer SalMar ASA. He is now working as a board member of the company.
4. Evan Spiegel (Net worth: $9.5 billion)
Evan Spiegel is the Co-founder of Snap, Inc., which owns Snapchat, a social media platform that focuses on sharing photos and videos. He was 26 years old when he became a billionaire in 2015 after Snap went public with its IPO. Spiegel was previously a student at Stanford University.
5. Bobby Murphy (Net worth: $10.2 billion)
Bobby Murphy is the Co-founder of Snap, Inc., along with Evan Spiegel. He currently holds the position of Chief Technology Officer. Murphy was also a student at Stanford University when he founded Snap.
6. John Collison (Net worth: $4.3 billion)
25-year-old John Collison became a billionaire in 2016 as the Co-founder and President of Stripe, a mobile payment processing system used by businesses. Collison was previously a student at Harvard.
7. Patrick Collison (Net worth: $3.2 billion)
Patrick Collison is the Co-founder of Stripe along with his brother, John. He also co-founded Auctomatic, a software company, at 17 years old. He is 31 years old now.
8. Ludwig Theodor Braun (Net worth: $2.3 billion)
Ludwig Theodor Braun inherited shares of B. Braun Melsungen, a healthcare company founded by his great-grandfather. He is 30 years old and currently holds the position of Deputy Chairman of the Supervisory Board.
9. Meghan Sinclair and Melanie Perkins (Net worth: $2.3 billion approx.)
Meghan Sinclair and Melanie Perkins are the Co-founders of Canva, an online graphic design tool that lets people design anything from social media posts to presentations. Both of them are 33 years old.
10. Tom Persson (Net worth: $2.1 billion)
Tom Persson is an heir to H&M, a Swedish multinational fashion brand founded by his grandfather. He was 26 years old when he inherited a 17% stake in the company and made his fortune.
11. Katharina Andresen (Net worth: $1.2 billion)
Katharina Andresen is the younger sister of Alexandra Andresen and inherited 42% of Ferd, the holding company founded by her father. She is 24 years old.
12. Nathan Blecharczyk (Net worth: $4.8 billion)
Nathan Blecharczyk is the Co-founder and Chief Strategy Officer of Airbnb, the online marketplace that lets people rent out their homes for short-term stays. He was 31 years old when Airbnb went public with its IPO.
13. Brian Chesky (Net worth: $3.7 billion)
Brian Chesky is the Co-founder and CEO of Airbnb. He was 31 years old when Airbnb went public with its IPO.
14. Joe Gebbia (Net worth: $3.7 billion)
Joe Gebbia is the Co-founder and Chief Product Officer of Airbnb. He was 31 years old when Airbnb went public with its IPO.
15. Chris Wanstrath (Net worth: $1.9 billion)
Chris Wanstrath is the Co-founder and former CEO of GitHub, a software development platform. He sold GitHub to Microsoft in 2018 and left the role of CEO the same year. He was 35 years old when he made his fortune.
16. Natasha and Vanessa Pilbrow (Net worth: $1.1 billion approx.)
The Pilbrow sisters are the Co-founders of 314e Corporation, an IT consulting and outsourcing company. They both hold the position of Executive Vice President.
17. Eduardo Luiz Saverin (Net worth: $14.8 billion)
Eduardo Saverin is a Brazilian entrepreneur and investor who Co-founded Facebook with Mark Zuckerberg in 2004. He was 31 years old when Facebook went public with its IPO in 2012.
18. Chase Coleman (Net worth: $3.3 billion)
Chase Coleman is the Founder of Tiger Global Management, a hedge fund that invests in tech and consumer startups. He was 34 years old when he made his fortune.
19. Dustin Moskovitz (Net worth: $17.3 billion)
Dustin Moskovitz is the Co-founder of Facebook along with Mark Zuckerberg. He was the company’s first CTO and left in 2008 to focus on his own company, Asana. He was 26 years old when he became a billionaire.
20. Mark Zuckerberg (Net worth: $129.4 billion)
Mark Zuckerberg is the Co-founder and CEO of Facebook, the social media giant that started in 2004. He was 23 years old when Facebook was launched.
Summary
The age of young billionaires has arrived, with young entrepreneurs taking on the reins of the business world. These extraordinary young people have achieved what many people only dream of, and they have done so through determination, innovation, and sheer hard work. Their success stories are sure to inspire the next generation of entrepreneurs, and their rise to success shows that age is just a number when it comes to making a big impact. Whether they inherited their wealth or created it themselves, these under-30 millionaires are undeniably impressive.
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