Meet the youngest billionaires on the 2021 Forbes400
swings and stunning rise since the early days of the Covid-19 pandemic have made many millennials avid investors, and nobody has benefited more from their obsession with meme stocks and cryptomania than a few of their young peers.
Save for Mark Zuckerberg, no one has ever gotten this rich this young. About half of his fortune is tied up in FTX’s FTT tokens, which help users make trades and get discounts on the exchange. FTX caters to sophisticated derivatives traders looking to buy assets like bitcoin options and allows users to trade tokens pegged to traditional stocks. It was valued by private investors at $18 billion in July.
In all, 15 members of The Forbes 400 are under 40, up from 12 last year, with six of them appearing on the list for the first time. Airbnb’s Brian Chesky and Joe Gebbia both turned 40 in August, aging out of the youngest group, and embattled Nikola founder Trevor Milton dropped off the list this year. Zuckerberg is the wealthiest person in this group by a wide margin, with a $134.
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