In its annual listings of the global individual wealth, Forbes magazine also released the youngest billionaires in the U.S. The top youngest billionaires in the United States are evidence that enormous fortunes can be created in far less than a lifetime.
All of them are under 40. The youngest, Dustin Moskovitz, is just eight days younger than his Facebook co-founder Mark Zuckerberg (both are 26). The oldest in this group, Google Inc. co-founder Sergey Brin (age 37), is also the group's richest, boasting a net worth of $19.8 billion. All ages are as of March 28, 2011.
Start slideshow to view a gallery of the youngest billionaires in the U.S. in order of rank:
Dustin Moskovitz, a co-founder of Facebook, unveiled his new company Asana on Wednesday. He left Facebook in 2008 to form Asana, a task manager that helps a team manage its work flow.ForbesAge: 26Net Worth: $13.5 billionMark Zuckerberg's Facebook was a key spark in the spread and organization of the recent revolts in Tunisia, Egypt, Yemen and Libya. Back home President Obama praised Facebook as an example of American innovation in his January State of the Union address.A month later the Facebook cofounder and chief executive sat next to Obama at a dinner with other tech titans, including Apple's Steve Jobs. Over the last year the 26-year-old's fortune surged 238 percent to $13.5 billion as investments from firms like Goldman Sachs boosted Facebook's valuation to $50 billion.ForbesAge: 28Net Worth: $3.1 billionDan Duncan, as seen in the image, is the co-founder and chairman of Enterprise Products Partners, a holding company that owns significant equity interests in:Enterprise Products Partners, Enterprise GP Holdings, Duncan Energy Partners, and TEPPCO Partners. EPD is a midstream energy company that provides services to producers and consumers of natural gas, natural gas liquids (NGL), crude oil, and petrochemicals in the continental U.S., Canada, and Gulf of Mexico.Scott Duncan is son of the late Dan Duncan assumed partial control of his $12.4 billion pipeline empire after father's death in March 2010. Houston's richest man at the time of his death, Dan Duncan grew up poor, starting energy company Enterprise Products with two trucks in 1968. Today it owns more than 49,000 miles of pipelines.BusinessweekAge: 29Net Worth: $1.6 billionTogether with former best bud Mark Zuckerberg, started Facebook at Harvard and received a 30 percent stake in the company. Relationship soured when Facebook sued Saverin for allegedly interfering with business and insisting on keeping 30% stake; Saverin countersued. The parties settled, with Saverin apparently getting a 5 percent stake and a co-founder bio on Facebook's site. Source tells Forbes Saverin has been selling shares and now holds 2 percent. In January made rare news when he led an $8 million round of financing of Qwiki, a hot Silicon Valley startup.ForbesAge: 30Net Worth: $1.6 billionSilicon Valley strategist and former Facebook president debuts as a billionaire based on the surging value the social networking site. His reported stake: just under 3%. At 19 cofounded Napster, music sharing service that brought free music to the masses and helped trigger the record industry's precipitous decline. Made famous after being played by Justin Timberlake in movie The Social Network. Now managing partner at Founders Fund, a venture capital firm that invests in tech companies. Put money into Spotify, popular European music subscription service hoping to launch in the U.S. sometime this year.ForbesAge: 37Net Worth: $3.3 billionThe head of hedge fund Centaurus Advisors suffered his first losing year in 2010, rumored to be down 8%. Started trading oil at Enron in 1995; is said to have earned $750 million for company in 2001. When the energy outfit famously collapsed a year later, he went into business for himself, founding Centaurus, a hedge fund focusing mostly on natural gas and energy trading. Big score: He bought up hedge fund Amaranth Advisors' losing positions in natural gas in 2006.ForbesAge: 37Net Worth: $19.8 billionGoogle cofounder Sergey Brin saw company stock rise 18% over the past year as Google maintained nearly two-thirds of the market for online search. Brin focuses on raising margins with Instant Search and building new businesses in communications. Emigrated from Russia at age 6. Son and grandson of mathematicians on his father's side, mother was a research scientist at NASA. Met cofounder Larry Page in computer science Ph.D. program at Stanford and dropped out in 1998 to start Google from a friend's garage. The two share a 767 jet.Forbes
