The 10 Richest Young Internet Entrepreneurs 2024
The 21st century has seen an explosion of young internet entrepreneurs creating billion-dollar empires. In this article, we take a look at the ten richest young internet billionaires under the age of 40. I would of rather had the list of young billionaires under the age of 30, however, unfortunately, for the first time in 15 years, there are no selfmade billionaires under the age of 30.
The richest young billionaires:
1) Mark Zuckerberg ($155 billion)
39 years old / founder Facebook |
2) Dustin Moskovitz ($22.7 billion)
39 years old / co-founder of Facebook and founder of Asana |
3) Nathan Blecharczyk ($10.5 billion)
40 years old / co-founder of Airbnb |
4) John Collison ($7.2 billion)
33 years old / co-founded Stripe together. |
5) Patrick Collison ($7.2 billion)
35 years old / co-founded Stripe together. |
The five richest have only three companies between them. Facebook was founded by five friends, and Stripe was founded by the Collisons. There may be something to be learned from that. If you want to be a successful and rich internet entrepreneur, then you should get business partners.
The Richest Billionaire Young Entrepreneurs
Mark Zuckerberg
39 years old / worth $155 billion / founder Facebook
Mark Zuckerberg is the founder and CEO of Facebook, the world’s largest social media network. He is worth an astounding $155 billion (increasing by over $15 billion in the last 5 months). Zuckerberg has transformed how we connect online, creating a platform that has become integral to our daily lives. He is constantly working on new innovations, such as virtual reality and augmented reality, to enhance the user experience on his platform.
An interesting fact about Mark Zuckerberg: He is known for wearing the same grey t-shirt every day.
Dustin Moskovitz
Dustin Moskovitz39 years old / worth $22.7 billion / co-founder of Facebook and founder of Asana
Dustin Moskovitz is a co-founder of Facebook and is worth $22.7 billion. After leaving Facebook, he founded Asana, a productivity company that helps teams manage their tasks and projects. Moskovitz is a philanthropist, having donated millions of dollars to causes such as fighting poverty and immigration reform. He is also a signatory of The Giving Pledge, a commitment to donate the majority of his wealth to charitable causes.
An interesting fact about Dustin Moskovitz: He is the youngest self-made billionaire in history.
Nathan Blecharczyk
40 years old / worth $10.5 billion / co-founder of Airbnb
Nathan Blecharczyk co-founded Airbnb, the world’s largest online marketplace for short-term lodging rentals. He is worth $10.5 billion and is currently the Chief Strategy Officer of Airbnb. Blecharczyk oversees the company’s global strategy and operations. He is also a board member of The Pritzker Foundation, a philanthropic organization that supports innovative solutions to societal problems.
An interesting fact about Nathan Blecharczyk: He initially started Airbnb to make extra money to pay his rent.
John and Patrick Collison
They are 33 and 35 years old / both are worth $7.2 billion / co-founded Stripe together.
John and Patrick Collison are brothers and co-founders of Stripe, a payment processing company that helps businesses accept payments online. They are each worth $7.2 billion. The Collison brothers started Stripe when they were teenagers, and it has since grown into a significant player in the financial tech industry. They continue innovating with new features and have expanded Stripe’s capabilities beyond payment processing.
An interesting fact about John Collison: He learned how to code at the age of eight.
An interesting fact about Patrick Collison: He dropped out of college at the age of 19 to start Stripe.
Kevin Systrom
Kevin Systrom40 years old / worth $2.6 billion / founder of Instagram
Kevin Systrom founded Instagram, a social media app that allows users to share photos and videos. Systrom has since left Instagram but continues to invest in startups. He aims to create products people love to use and improve their lives. Systrom is also a philanthropist, donating millions of dollars to causes such as education and the environment.
Kevin Systrom sold Instagram to Facebook for $1 billion in cash and stock in 2012.
An interesting fact about Kevin Systrom: He was an intern at Odeo, which later became Twitter.
Tony Xu
Tony XuTony is 39 years old / worth $2.1 billion / co-founded DoorDash
Tony Xu co-founded DoorDash, a food delivery service that partners with local restaurants to deliver food to customers. He is worth $2.1 billion and aims to create an efficient and reliable food delivery service for everyone. Xu is also a philanthropist, having donated millions of dollars to causes such as education and healthcare.
An interesting fact about Tony Xu: He initially started DoorDash as a class project at Stanford University.
David Karp
37 years old / worth $2 billion / founder of Tumblr
David Karp founded Tumblr, a microblogging platform that allows users to share text, photos, and videos. He is worth $2 billion. Karp has since left Tumblr but continues to invest in startups. He aims to create products people love to use and improve their lives. Karp is also a philanthropist, donating millions of dollars to causes such as education and the environment.
An interesting fact about David Karp: He coded the original version of Tumblr in just two weeks.
Stanley Tang and Andy Fang
They are both 32 / they are both worth $1.2 billion / they co-founded DoorDash together
Stanley Tang and Andy Fang are co-founders of DoorDash, a food delivery service that partners with local restaurants to deliver food to customers. They are each worth $1.2 billion. DoorDash has become a major player in the food delivery industry, expanding to over 4,000 cities across the United States, Canada, and Australia. Tang and Fang aim to create an efficient and reliable food delivery service for everyone.
DoorDash went public in December, 2020 and is currently worth approximately $62 billion. We interviewed Stanley before DoorDash become such a big success, it’s well worth a read.
An interesting fact about Stanley Tang: He created his first business at the age of 14.
An interesting fact about Andy Fang: He initially started DoorDash to help his parents’ Chinese restaurant survive.
Conclusion
These young internet billionaires have not only created successful businesses but also disrupted industries and revolutionized how we live our lives. They continue to invest in new startups and work towards creating a better world.
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Comments
Micheal this list pretty much let’s people know that you can become successful, it just takes hard work and a dream…and it proves that good things comes to those who wait…I will be working my butt off to make this list one day..
People might not know me at this second but I will continue to put myself out there for the world to see.
Micheal you always do good work bro..
“TrafficColeman “Signing Off”
Hey Antonio,
Thanks for your comment and your input. I agree with you that it takes a lot of hard-work but if you want to be successful you have to roll with the punches.
Hope to see you here again soon.
Take care
Aarron
Great list Aaron! Hopefully it inspires another generation of entrepreneurs to bring some great new businesses to the forefront.
As TrafficColeman said before me, hard work and a dream are at the core of the success of most of these people . . . of course, some also had a bit of luck (and good timing) on their side as well.
Hey Joshua,
Thanks for the comment and for the kind words. I too hope that the next generation of entrepreneurs will become as successful; if not more so than the current entrepreneurs!
It takes a lot of hard-work and perseverance to get to their level but it goes to show that hard-work definitely pays off in dividends if you stick to your guns and keep yourself motivated. Always have a set of goals to achieve, it will keep you on your toes and make sure you are reaching for the stars.
I’m glad you enjoyed the post.
Take care
Aarron
Hi Aarron
You are absolutely right. It does takes a lot of perseverance and discipline to get to their level. This list is great to keep the motivation towards achieving our goals. Great list. Thank you!
Awesome list brother!!!!
Just goes to show what’s possible man.
This morning I watched “The Social Network” and it was totally awesome. Mark Zuckerberg is Steve Jobs of our time. And just now you come up with another awesome list of entrepreneurs. This is too cool.
Thanks!
Thanks for this list, Interesting and inspiring as usual. Great work, guys.
Awesome compilation list Aaron! I will be sure to print this out and tape it on the wall so I can look at it every day as motivation!
Hi Monique
Thanks for your very flattering compliment, I’m glad I’ve helped to keep you motivated.
Come back soon and take care.
Aarron
I absolutely LOVE this list. I think people will find it refreshing to see the array of people – from the well-known to people who stay under the radar. I will be sure to share this! 🙂
Awesome list Michael,
Thanks so much for introducing us to a lot of new entrepreneurs. Mark Zuckerberg is really making the waves all these days.
frankly i only know about 3 people in the list. it is great to know that more young prople are creating online empires that the world can use .They are changing the world and making huge fortunes from it.
am impspired.
I was surprised that the list contained individuals and companies I’d never heard of. Just goes to show: find a niche!
How about the next list for wealthiest pensioners who got online after they’d retired from the day job? 🙂
Clive
You made me laugh today
If Micheal doesn’t do it, looking forward to reading on your blog the Wealthiest Pensioners Online list!!!!!
Another great eyeopening post Micheal
Sue
Hey there Clive,
Thank you for your comment and of course for your idea/request regarding the more mature online entrepreneurs.
I will certainly consider looking into that for a future post, not sure how viable it is, but nonetheless I shall look into it. glad you enjoyed the post.
Take care
Aarron
hey, really impressive. I’m passed 30 but I still want to make this kind of money.
Hi Michael,
I love these list you do because they show us young entrepreneurs can hang with the big dawgs. It’s interesting to see the different ideas people come up with and how they take those ideas and turn them into profit. Great post as usually.
Sean
Great list Michael. A lot of guys would be wasting time doing nothing at these ages, but these guys have achieved money, fame and security for themselves and families at such young age.
Everybody would be very proud of them. Thank you for the post.
Prajwal Shinde
Wow! What a fantastic list. I’m going to make it on a list like this, but for entreprenuers over 40.
fantastic research as always. i hope you did not make any mistake like the net-worth in the previous lists. 🙂
Wow what a list, I’m surprised by some of the wealth that has been created, that’s incredible! Most notably is the Groupon founder, what a high growth story there, amazing!
Need more women on that list? Lets go ladies make some money!!!
Hi michael.
Another Great List for our inspiration 😀 The fortune of mark growth really fast
Thank You For the article
Anass
GREAT ARTICLE, BRODA. IT JUST AN INSPIRATIONAL ARTICLE TO ME. I REALLY APPRECIATE IT.
BABS OMOT DENN
Awesome list. As many noted above, I knew about quite a few, but was great to read about those I had never heard of.
Great list Aaron! Hope to be on the list someday! Thanks a lot for sharing. Have fun..
Thanks Samuel,
It’s always nice to see the comments, especially when they have helped make an impact on others (even if that is by just helping to motivate them).
Take care of yourself and be sure to come back soon.
Aarron
These successful young entrepreneurs are very hardworking and smart enough to run their business. I admire their passion and vision in their mind. If they can make it, we also can do it.
Thanks Michael for this inspiring list of young entrepreneurs.
Thanks for the list, Mike! It really inspires me when I see those youngsters got rich in no time online. Now is my time to shine, too! I just made my new blog and I am on the process of making contents to it.
To our success everyone!
What a great list of achievements! It is very inspirational and shows that you can do anything if you set your mind to it. Well done 🙂
Great list! Such inspiring stories!
Wow! Again you have the absolute best list posts on the planet well at least for business and internet stuff. This such interesting mix from all across the web I love that, nice!
Great write up, it is really inspiring to hear about all those successes. Gives me something to live up to!
It would be pretty cool to be on this list. But I guess it’s to late LOL
Well well, I hope I’ll make it a millionaire before 40 😉
Hi Michael,
This list is awesome, it’s amazing that the “internet” can be a place where ideas and innovation can be launched and when it adds value to people’s lives then it can make a man or woman very wealthy !! You continue to inspire me personally and thousands of other people as well with these lists.
I created an online magazine titled NextStopIncome.com – The magazine for Internet Entrepreneurs. The purpose of the magazine is that I interview people that are running successful online businesses. The magazine sells for $3.50 per issue.
Talk to you soon,
Russell Handy
CEO & Founder of NextStopIncome.com
Hmmm… only 2 women on this list. We’ll have to change that in the future! 😛 great list nonetheless. Thanks for sharing!
Dear Michael
Greetings
very good post brother, can I translate it into Arabic and publish it in my blog, I will mention the source
waiting your answer
Regards,
Michael, i am really impressed to see the list, thanks for the post, it gave me the enthusiasm to get started what i am doing…. 🙂
This is very inspiring to see these young professionals reach such heights in business…makes me want to try harder and work longer 🙂
Inspiring list. Keep it coming
I was wondering if I would be in that list in the next 2 years of my life. I know its impossible but I am not losing hope and will keep on moving up. I know today is not the day but maybe tomorrow will be. Thanks for inspiring me more to do more of everything.
Compelling list. Great Job.
It’s very inspiring seeing young professionals work their way to millions and billions. Thanks Josh!