Sunday 2 June 2013

The World's Youngest Billionaires: 29 Under 40


No. 16: Serra Sabanci
Age: 37
Net Worth: $1.3 billion
Sabanci is the daughter of Ozdemir Sabanci who was assassinated in 1996, and a board member of the large conglomerate Sabanci Holding.
Nicholas Woodman: The Mad Billionaire Behind GoPro, The World's Hottest Camera Company
No. 17: Nicholas Woodman
Age: 37
Net Worth: $1.3 billion
GoPro founder and CEO Nick Woodman built the first camera prototypes in his bedroom with his mom’s sewing machine and a drill. GoPro came out with its first camera, a 35-millimeter waterproof film version, in 2004. Today, the camera shoots full video in cinema quality HD, allowing anyone from professional surfer Kelly Slater to amateur snowboarders to capture their adventures.
No. 18: Chase Coleman
Age: 37
Net Worth: $1.4 billion
The hottest young money manager on the planet, Coleman cooled off a touch in 2012, but his Tiger Global hedge fund extended its impressive winning streak, finishing a third straight year with a net return in excess of 20%.
No. 19: Ryan Kavanaugh
Age: 38
Net Worth: $1 billion
Ryan Kavanaugh joins the billionaire ranks for the first time this year thanks to his movie studio, Relativity. Kavanaugh is making money by hitting singles and doubles like the recent Safe Haven, which cost $25 million to make and has grossed more than $50 million at the box office.
No. 20: Andrey Verevskiy
Age: 38
Net Worth: $1 billion
Verevskiy started trading in grain when he was 19 and founded Kernel Holding a decade later, growing it into Ukraine’s largest sunflower oil producer. Last year, Verevskiy was elected to Ukraine’s Parliament.
No. 21: John Arnold
Age: 38
Net Worth: $2.8 billion
Arnold shocked the hedge fund world in May 2012 when he announced he was calling it a career at age 38. Arnold and his wife Laura, who are signatories of the Giving Pledge, plan to devote much of their time to philanthropy. The couple have already given away more than $1.2 billion.
No. 22: Gary Fegel
Age: 39
Net Worth: $1 billion
Gary Fegel attained billionaire status in May 2011 in the wake of Glencore’s IPO. After earning his MBA from the University of St. Gallen, Fegel joined the alumina and aluminum department at the commodities titan in 2001.

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