Ryan Mac, Forbes Staff
Getting to the $1 billion mark isn’t a race, but some just get there faster.
Of the 1,645 members of the Forbes Billionaires list, 31 are under
the age of 40. That elite group no longer includes the Google guys, Sergey Brin and Larry Page, both of whom have crossed into their 40′s. One unexpected twist: this year’s group includes a new youngest billionaire.
Little-known Perenna Kei, a newcomer to the list, displaces former Facebook cofounder Dustin Moskovitz as
the very youngest billionaire. Hailing from Hong Kong, Kei oversees an
85% stake in Logan Property Holdings through various companies and
a family trust. Her father, Ji Haipeng, serves as chairman and CEO of
the Hong Kong Stock Exchange-listed company, which went public in December.
The 39 youngest people on the 2014 Billionaires list have a combined
net worth of $115.7 billion. Facebook employees past, present and
future–including Sean Parker, Mark Zuckerberg and WhatApp’s Jan
Koum–account for 42% of that. Koum, a newcomer following Facebook’s
decision to purchase WhatsApp, is worth $6.8 billion. He sold his mobile
messaging company to the Menlo Park, Calif.-based social networking
company for $19 billion in stock and cash last month.
Thirteen of the world’s young and wealthy call the U.S. home, while
the others hail from the rest of the globe. Find the full list below.
No. 1: Perenna Kei & family
Age: 24
Net Worth: $1.3 billion
The world’s youngest billionaire title
goes to Perenna Kei, who owns an 85% stake in Logan Property Holdings
through different companies and a family trust. Logan’s chairman and
CEO, Ji Haipeng, is her father. Previously known by the name “Ji
Peili,” Kei is a non-executive director at the company, and holds a
bachelor’s degree in economics and finance from the University of
London.
No. 2: Dustin Moskovitz
Age: 29
Net Worth: $6.8 billion
No longer the world’s youngest billionaire, Dustin Moskovitz will turn
30 this year. Mark Zuckerberg’s former roommate, Moskovitz helped kick
start the social network from a Harvard dorm, dropping out of school
after two years to work on the venture full-time as Facebook’s third
employee. He left Facebook in 2008 to start Asana, a software company
that aims to improve how people work with project collaboration tools.
He got married in the past year to longtime girlfriend Cari Tuna.
No. 3: Mark Zuckerberg
Age: 29
Net Worth: $28.5 billion
Facebook turned 10 this year and no one was celebrating harder than CEO
Mark Zuckerberg. After seeing his company past the growing pains of a
disappointing May 2012 IPO, Zuckerberg has the Menlo Park, Calif.-based
company flying high. Facebook’s shares are up more than 130% over the
past year as of mid-February. That’s caused Zuck’s net worth to more
than double over the same period, even after he gave away 18 million
shares in late December. He sold more than 41 million shares and
exercised 60 million options around that time as well.
No. 4: Anton Kathrein, Jr
Age: 29
Net Worth: $1.35 billion
Anton Kathrein, Jr. is the third generation to lead his family’s
Kathrein-Werke AG–”the oldest and largest antenna manufacturer in the
world,” according to the company’s website. A pioneer in automotive
antennas, it also makes radio and TV broadcast antennas, satellite and
terrestrial reception systems, equipment for high-speed multimedia
transmission by cable TV operators and antenna systems and electronic
components that allow cell phone signals to bounce across the world. The
company–with 18 production sites worldwide, over 6,800 employees and
$1.8 billion in revenue in 2012–was founded by Kathrein’s grandfather in
1919. Anton Sr. ran the company from 1972 until his unexpected death in
2012.
Read the full list and article online.
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