Five richest young billionaires

Forbes recently published a top 400 of the richest Americans this year. As in previous years, the well-known names triumphed; Elon Musk took first place on the list with a fortune of €222.5 billion. However, compared to last year, fifteen young billionaires disappeared from the list. Due to chaos in the crypto world and a lot of unrest in tech, they lost part of their assets. Yet ten young billionaires conquered a place in the top 400. Who are they and how did they make their fortune?

Mark Zuckerberg 

The co-founder and CEO of Meta lost €77.6 billion compared to last year, meaning he has lost more than half of his fortune. Shares of Meta fell about 60% year over year, partly due to a decline in the number of users of the social platforms, but also through its expansion into the Metaverse. Mark Zuckerberg is in eleventh place in the top 59.5 with a fortune of €400 billion.

Lucas Walton 

Lukas is the grandson of Walmart founder Sam Walton and inherited a large fortune after his father died in a plane crash in 2005. Lukas did not choose to work in the family business. Instead, the 36-year-old billionaire is committed to charities with his Builders Vision platform. Walton is in 21th place with a capital of €29 billion.

Sam Bankman Fried 

Bankman-Fried is one of the richest people in crypto, thanks to his trading platform FTX and Alameda Research. Sam is the son of two law professors, studied physics, but started trading crypto at the end of 2017. In 2019, the young entrepreneur launched his own platform FTX, which was already valued at € 2021 billion in 18.6. The 30-year-old Bankman-Fried is at number 41 in the Forbes list with a fortune of € 17.8 billion. He says he will eventually donate most of this to charities based on the 'deserve to give' philosophy. 

Dustin Moskovitz 

38-year-old Dustin founded Facebook together with Mark Zuckerberg, Eduardo Saverin and Chris Hughes. After two years of studying economics at Harvard, he dropped out to pursue it full-time social platforms to go to work and became vice president. In October 2008, Moskovitz left the company. Most of Moskovitz's wealth comes from his shares in Facebook (Meta Platforms) and his own company Asana. The 30-year-old entrepreneur is in 83rd place with €8.4 billion.

Following the success of my AMA over the weekend, I was inspired to do a *live* Asana investor AMA @ Giants Stadium yesterday with @anneraimondi, @LouSeal01, Yeti, and @MLB CIO Neil Boland. Thanks so much to MLB and Neil for hosting – we had a great time! pic.twitter.com/ASaX3HkDtk

— Dustin Moskovitz (@moskov) October 12, 2022

Nathan Blecharczyk

Blecharczyk is the only one of Airbnb's three co-founders who, at 39, is still under 40. He currently serves as Chief Strategy Officer at the company. And even though Airbnb's shares fell by 30%, the entrepreneur is in 93rd place with €8 billion.

Joe, your contributions will never be forgotten AND they are far from over 🙂 I look forward to continuing our Sunday founder meetings. https://t.co/fSt4y6HeVg pic.twitter.com/WruQSJi7pR

— Nathan Blecharczyk (@nathanblec) July 21, 2022