World’s youngest billionaires (2007)

I’m providing some weekend support this long labour day weekend so I’ve got a bit of time on my hands to do some research. Topic of interest: who’s the youngest billionaire in the world?

  1. Age 23: Albert von Thurn und Taxis ($2 billion). Inherited all his money at age 18. Never has to work in his life. Lives in a castle and owns the largest forest holding in the Europe (30,000 hectares!!!).

    World's youngest billionaire

  2. Age 26: Fahd Hariri ($1.6 billion). From a Lebanese family that owns Beirut’s Future Television Network. Lives in Paris and runs his own design studio.
  3. Age 28: Ayman Hariri ($1.6 billion). Son of slain Lebanese prime minister Rafik who left behind a massive estate. Ayman himself founded identity management software firm Epok.
  4. Age 33: Sergey Brin ($16.6 billion). One word: Goooooooogle
  5. Age 33: Kostyantin Zhevago. Self made billionaire who started out as finance director of bank Finance & Credit in 1992 and eventually gained a majority stake in the company. How he was a finance director at 18, I’ll never know. Maybe ‘Finance Director’ means mail boy in Ukraine.
  6. Age 34: Larry Page ($16.6 billion). The older of the two evils. Goooooooogle
  7. Age 35: Andrei Melnichenko ($4.6 billion). Physics drop out who teamed up with some friends to set up a chain of currency exchange booths. In 1993 he founded MDM Bank and someone got himself very well connected with oil tycoon Roman Abramovich and metals trader Sergei Popov. Andrei and Sergei now joint own SUEK, one of Russia’s biggest coal producers.
  8. Age 35: Sergei Popov ($4.6 billion). Electrical Engineering dropout who started trading metals and oils in Siberia. Somehow met up with Andrei at MDM Bank and together established Russia’s largest pipe exporter (TMK), Russia’s largest mineral-fertilizer producer (Eurochem) and Russia’s largest largest independent coal producer (SUEK).
  9. Age 35: Anurag Dikshit ($1.6 billion). Indian software developer who wrote PartyGaming’s online poker engine. He now owns 32% share of the company and would have been worth a lot more if not for the 70% slide in share price due to the US government’s crack down on Internet Gambling.
  10. Age 35: Daniel Ziff ($1.5 billion). Inherited the family’s Ziff-Davis publishing empire (which incidently owns PC Magazine!). Sold for $1.4 billion in 1994.. Now retired in Florida, with some dabblings in shares and investments.

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