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Top 10 Youngest Billionaires In The US. Photo KnowInsiders

While the wealth gap between rich and poor was growing before the COVID-19 pandemic and the economic recession it caused, the last year has been a boon for the world's wealthy. Most billionaires added more billions to their personal fortunes, potentially increasing the equality gap even more.

While the world's working poor dream of economic stability, the 50 people on this list of the youngest billionaires have it in spades. The oldest billionaire comes in at 47, while the youngest, who was born in 1995, is only 26. Stacker compiled net worth data from Forbes' Real-Time Billionaires List as of March 17, 2021. The list is in real-time, and any ties in age were broken by net worth.

Included are those who received their billions as heirs to family fortunes, as well as those who are self-made—though even many of the world's "self-made" wealthy start with many advantages in life, including start-up funds from family. Fortunes come from tech companies including WhatsApp, Snapchat, and Facebook, though technology isn’t the only way to strike it rich. Others have made their money through hedge funds, retail, and even by creating a burger that relies upon the simplest recipe and ingredients.

While many came from backgrounds that allowed opportunities only afforded to those with money, others came from more humble beginnings. Some immigrated from other countries seeking opportunity, while others were born to single parents who struggled to provide for them. While several billionaires on the list attended and graduated from top-notch colleges, including the Ivies, others never went to college or dropped out, sometimes to pursue the ideas that made them rich.

Top 10 Youngest Billionaires In The US, According To Forbes

10. Nathan Blecharczyk, Airbnb co-founder

9. Brian Armstrong, CEO of Coinbase

8. Dustin Moskovitz, Facebook co-founder and CEO of Asana

7. Mark Zuckerberg, Facebook CEO and co-founder

6. Baiju Bhatt, Robinhood co-founder

5. Lukas Walton, Walmart fortune heir

4. Fred Ehrsam, Coinbase co-founder

3. Bobby Murphy, Snap CTO

2. Evan Spiegel, Snap CEO

1. Sam Bankman-Fried, crypto entrepreneur

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Who Are The Youngest Billionaires In The US for 2022?

10. Nathan Blecharczyk, Airbnb co-founder

Age: 38

Net worth: US$10 billion

Industry: Tech, hospitality

Photo Cafef
Photo Cafef

Nathan Blecharczyk’s sizable fortune is a direct result of co-founding the lodging site Airbnb. Also the company’s chief strategy officer and first engineer, Blecharczyk serves as chairman of Airbnb China. In October 2019, Blecharczyk gifted his alma mater, Boston Latin Academy, $1 million, with a promise to match any other donations to the school of up to $1 million.

Alongside Brian Chesky and Joe Gebbia, Nathan Blecharczyk is one of the co-founders of the wildly successful hospitality company Airbnb. He currently serves as chief strategy officer, and helped lead the company through a massive business downturn during the early days of the Covid-19 pandemic.

READ MORE: Top 10 Most Handsome Billionaires In The World for 2021/2022

9. Brian Armstrong, CEO of Coinbase

Age: 38

Net worth: US$11.5 billion

Industry: Tech, finance

Brian Armstrong’s cryptocurrency business Coinbase was valued at an estimated $68 billion in March 2021, prior to the expectation of a direct listing on the NASDAQ. Achieving billionaire status led Armstrong to philanthropy. In December 2018, he even signed the Giving Pledge, vowing to donate much of his fortune to philanthropic causes.

Brian Armstrong serves as the CEO of Coinbase, the US’ largest cryptocurrency trading firm. He has amassed a vast wealth due to his stake in the company – he reportedly owns nearly one-fifth of Coinbase’s shares. Coinbase went public in April with a valuation of about US$100 billion.

8. Dustin Moskovitz, Facebook co-founder and CEO of Asana

Age: 37

Net worth: US$24.1 billion

Industry: Tech

Dustin Moskovitz, one of the early co-founders of Facebook, owns an estimated 2 per cent stake in his former employer. After leaving Facebook, Moskovitz went on to co-found Asana, which makes and sells workplace organisation software. Despite owning nearly one-third of his current company, Facebook is simply so huge that his relatively small share in the tech giant is still extremely valuable.

In 2004, Dustin Moskovitz and Mark Zuckerberg launched Facebook from their dorm room at Harvard. Leaving Facebook in 2008, Moskovitz co-founded the workflow software company Asana, though most of his wealth comes from Facebook. He still holds an estimated 2% stake in the company.

7. Mark Zuckerberg, Facebook CEO and co-founder

Age: 37

Net worth: US$134.5 billion

Industry: Tech

Mark Zuckerberg is the most well-known and wealthiest of the men who co-founded Facebook. Ranking #7 on Forbes 2020 Ten Richest People in the World, Zuckerberg was a 19-year-old sophomore at Harvard when he launched the social media site that would change the world and eventually make him a billionaire at 23. Zuckerberg only owns about 14 per cent of Facebook – but that’s still worth a mind-blowing US$135 billion.

Mark Zuckerberg may not be the youngest billionaire on this list, but he is the richest by quite some way. As you might have guessed, Zuckerberg’s billions are tied to his partial ownership of Facebook – he currently owns around 14 per cent of the social media conglomerate.

READ MORE: Who is the Facebook Owner- Mark Zuckerberg: Biography, Personal Profile, Family and Career

6. Baiju Bhatt, Robinhood co-founder

Age: 37

Net worth: US$2.9 billion

Industry: Tech, finance

Baiju Bhatt co-founded Robinhood, the company behind the stock trading app of the same name, back in 2013. In the eight years since, Robinhood has set the standard in mobile stock trading. It went public earlier this summer, but sparked a wave of criticism from institutional investors who objected to so many non-professional investors being allowed a chunk of the IPO.

Since its launch, Robinhood's no-commission trading model has revolutionized the brokerage industry.

In July 2021, Robinhood went public on the Nasdaq exchange at a $32 billion valuation.

Bhatt owns around 8% of the company.

5. Lukas Walton, Walmart fortune heir

Age: 35

Net worth: US$17.2 billion

Industry: Retail

Photo Business Insider
Photo Business Insider

Lukas Walton is a member of one of the wealthiest families in the United States. His grandfather, Sam Walton, founded mega superstore Walmart. Walton acquired his fortune under tragic circumstances when his father, John Walton, died in a 2005 plane crash.

Lukas Walton is wealthy due to inheritance – he is the grandson of Sam Walton, founder of Walmart. However rather than running the family business, Walton is primarily involved in philanthropy and currently serves as the chair of the Walton Family Foundation’s environment programme committee.

4. Fred Ehrsam, Coinbase co-founder

Age: 33

Net worth: US$3.5 billion

Industry: Tech, finance

Frederick “Fred” Ernest Ehrsam III, is an American business executive and investor who is the co-founder and managing partner of cryptocurrency investment firm Paradigm. He is also the co-founder of cryptocurrency exchange Coinbase.

After co-founding Coinbase, the largest public exchange for cryptocurrency, Fred Ehrsam founded a blockchain investment company called Paradigm. Among its investments? Coinbase and FTX, now two of the most widely used cryptocurrency exchanges in the world.

3. Bobby Murphy, Snap CTO

Age: 33

Net worth: US$15.2 billion

Industry: Tech

Photo Luxuo
Photo Luxuo

Though Bobby Murphy serves as chief technology officer at Snap (formerly known as Snapchat), he built most of his wealth by being a co-founder of the social media company he now helps to run. Snap shares have risen dramatically since it first went public in 2017.

The value of Bobby Murphy’s shares in Snap have increased dramatically since the company initially went public.

2. Evan Spiegel, Snap CEO

Age: 31

Net worth: US$13.8 billion

Industry: Tech

Photo Getty
Photo Getty

The youngest billionaire on the list and the flashier co-founder of Snapchat, Evan Spiegel married supermodel Miranda Kerr in 2017. Spiegel dropped out of Stanford to start Snapchat, though he finally graduated from the illustrious university in 2018 with a degree in product design. Both he and fellow Snapchat co-founder Bobby Murphy own an estimated 18% of the company, where he serves as the CEO.

Facts about Evan Spiegel and Snap chat:

-Each day some 293 million people use Snapchat to send disappearing photos and videos.

-Spiegel launched the company with Bobby Murphy, a Stanford University fraternity brother, in 2011.

-Murphy and Spiegel jointly own about a quarter of Snap but have voting shares that give them control over the board.

-He graduated from Stanford with a B.S. in Product Design in 2018, six years after he first dropped out to start Snapchat.

Spiegel has donated more than $280 million in Snap stock. He and Murphy have pledged to donate 13 million shares to the Snap Foundation.

Similar to Bobby Murphy, Snap CEO Evan Spiegel became wealthy as a co-founder and stakeholder of the company behind social media goliath Snapchat. Like Zuckerberg, Spiegel has so far managed to avoid losing control of the social media service he co-founded.

1. Sam Bankman-Fried, crypto entrepreneur

Age: 29

Net worth: US$22.5 billion

Industry: Tech, Finance

Photo Forbes
Photo Forbes

The name Sam Bankman-Fried may not be familiar to you today, but there are already those who call him 'the new Mark Zuckerberg' . With a net worth of $ 22.5 billion , this year he became the richest billionaire under the age of 30 in the world . Only the creator of Facebook had managed to amass such a fortune at such a young age.

Being the son of two Stanford law professors, he studied physics at MIT but was drawn to "effective altruism," the utilitarian-inflected notion of doing the most good possible.

So he took a job trading ETFs at a quant firm, donating a chunk of his salary to charity, then jumped into crypto trading in late 2017, when he spied a lucrative arbitrage opportunity.

Bankman-Fried launched his own exchange, FTX, in 2019. Built "by traders, for traders," it's one of the leading exchanges for buying and selling crypto derivatives.

FTX raised $900 million from the likes of Coinbase Ventures and SoftBank in July 2021 at an $18 billion valuation, helping make Bankman-Fried one of the richest people under 30 in history.

Most of his wealth, which he says he will eventually donate to charity based on a philosophy called "earning to give," is tied up in ownership of about half of FTX and a share of its FTT tokens.

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