GoBanking Logo
GoBanking Logo

Kylie Jenner and 29 More Billionaires Under 50

It’s never too late — or too early — to be a major success story. These celebrities, entrepreneurs and heirs have all reached the elusive billionaire status before the age of 50. Read on to see how some of the youngest billionaires built — or inherited — their fortunes.

Stephen Lovekin/BEI / Shutterstock.com

Kylie Jenner

  • Age: 22
  • Net worth: $1 billion

Forbes named Kylie Jenner the youngest self-made billionaire ever. The reality TV star made her fortune as the founder of Kylie Cosmetics, which she launched in 2015. The brand sold an estimated $360 million worth of products in 2018 alone.

Kristin Callahan/ACE Pictures / Shutterstock.com

Adam Bowen and James Monsees

  • Ages: 43 and 39, respectively
  • Net worth: $1.1 billion each

Adam Bowen and James Monsees met at Stanford University’s design school. Together, they founded Juul, which now makes up more than 70% of the U.S. e-cigarette market, according to Forbes. Their company was valued at $38 billion in late 2018.

Andrew Kist/WWD / Shutterstock.com

Dani Reiss

  • Age: 45
  • Net worth: $1.1 billion

Dani Reiss is the king of the down jacket. His grandfather started what became Canada Goose back in 1957, and Reiss took over as CEO in 2001. His jackets — which cost over $1,000 — have become a celebrity favorite.

JUSTIN LANE/EPA-EFE / Shutterstock.com

Ryan Graves

  • Age: 36
  • Net worth: $1.2 billion

Sometimes taking a chance on an unknown company can pay off. It did for Ryan Graves, who was Uber’s first employee and is now one of the richest people in the world. Graves resigned in August 2017, but continues to serve as a board member and owns about 2% of the company’s shares, Forbes reported.

Patrick Lewis/Starpix / Shutterstock.com

Chris Sacca

  • Age: 44
  • Net worth: $1.2 billion

You might recognize Chris Sacca from “Shark Tank,” where he was always seen wearing a signature Western-style button-down. The “venture cowboy” is the founder of the VC firm Lowercase Capital.

There, he made billions by having an eye for companies on the rise — including Twitter and Uber, which he invested in early. In 2017, Sacca announced that he was retiring from investing to focus on acting and podcasting, Forbes reported.

Chelsea Lauren/Variety / Shutterstock.com

Brian Armstrong

  • Age: 36
  • Net worth: $1.3 billion

Cryptocurrency connoisseurs have likely used Coinbase, the largest crypto exchange in the U.S. Brian Armstrong is co-founder and CEO of the company, which was valued at $8 billion as of October 2018, Forbes reported.

Kevin Systrom

  • Age: 35
  • Net worth: $1.5 billion

There would be no “double-tapping” photos without Kevin Systrom. He launched Instagram in 2010 and stayed on to run the popular social media app after Facebook acquired it for $1 billion in 2012. He left Facebook in September 2018, Forbes reported.

JESSICA GOW/EPA-EFE / Shutterstock.com

Karl-Johan Persson

  • Age: 44
  • Net worth: $1.6 billion

Karl-Johan Persson’s grandfather founded H&M in 1947, and he became the third generation of his family to sit at its helm when he took over the CEO role from his father in 2009. The fast-fashion retailer now has over 4,400 stores across 66 countries, Forbes reported.

Paul Grover/REX / Shutterstock.com

Drew Houston

  • Age: 36
  • Net worth: $1.9 billion

Drew Houston was only 24 when he co-founded the file-sharing service Dropbox with his MIT classmate back in 2007. The company — which Houston owns 25% of — now has 500 million users.

Ben Silbermann

  • Age: 37
  • Net worth: $1.9 billion

Ben Silbermann is one of the founders of Pinterest and currently serves as the virtual pinboard platform’s CEO. The company was valued at $12.3 billion as of 2017, Forbes reported.

Rob Latour / Shutterstock.com

Niraj Shah

  • Age: 45
  • Net worth: $2 billion

Niraj Shah co-founded the online home goods retailer Wayfair in 2002 and is currently the CEO. The site sells over 10 million products and had a net revenue of $4.7 billion in 2017, Forbes reported.

Andrew Gombert/EPA / Shutterstock.com

John and Patrick Collison

  • Ages: 29 and 30, respectively
  • Net worth: $2.1 billion each

Brothers John and Patrick Collison were studying at MIT when they came up with the idea for Stripe, a platform that enables individuals and businesses to accept payments over the internet.

Stripe has attracted big-name investors, including Elon Musk and Peter Thiel. It was valued at $20.25 billion as of September 2018, Forbes reported.

Pictured: Patrick Collison

Gregory Pace / Shutterstock.com

Julio Mario Santo Domingo III

  • Ages: 34
  • Net worth: $2.1 billion

Julio Mario Santo Domingo III is the heir to one of the world’s largest beer empires. His late grandfather owned a large stake in SABMiller, which merged with Anheuser-Busch InBev in 2016, Forbes reported. Santo Domingo is also a deejay with the group Sheik ‘N’ Beik.

Vesa Moilanen / Shutterstock.com

Daniel Ek

  • Age: 36
  • Net worth: $2.4 billion

Swedish billionaire Daniel Ek is the co-founder and CEO of Spotify, which now has over 180 million users, Forbes reported. Ek owns 9% of the music-streaming service’s shares.

Lynsi Snyder

  • Age: 37
  • Net worth: $3 billion

Lynsi Snyder — heir to the In-N-Out Burger chain — became a billionaire in 2017 on her 35th birthday when she received the remainder of her inheritance, Forbes reported. Snyder has served as president of the iconic chain since 2010 and has expanded the company by 80 locations since taking the reins.

Bobby Murphy and Evan Spiegel

  • Ages: 31 and 29, respectively
  • Net worth: $3.5 billion and $3.6 billion, respectively

Stanford fraternity brothers Bobby Murphy and Evan Spiegel are the men behind the ubiquitous puppy dog Snapchat filters. The entrepreneurs founded Snapchat in 2011, and the company went public in 2017.

When that happened, Spiegel became one of the youngest public company CEOs, Forbes reported. Murphy serves as the company’s chief technology officer.

Pictured: Evan Spiegel

Jane Lauder

  • Age: 46
  • Net worth: $3.8 billion

Jane Lauder is the granddaughter of Estée Lauder, who founded the cosmetics brand in 1946. Jane now runs the company’s Clinique unit. Estée Lauder has revenues of over $11 billion, Forbes reported.

Clint Spaulding / Shutterstock.com

Travis Kalanick

  • Age: 43
  • Net worth: $4.1 billion

Travis Kalanick stepped down as the CEO of Uber — which he founded — in June 2017 after the company was swept up in a series of scandals, including allegations of systemic sexism. He still maintains a 7% stake in the company, which allows him to maintain his status as one of the wealthiest people in the world, Forbes reported. Kalanick founded a new venture fund, 10100, in March 2018, and he is the CEO of holding company City Storage Systems.

Adam Neumann

  • Age: 40
  • Net worth: $4.1 billion

Adam Neumann arguably changed the way people work when he co-founded the communal workspace WeWork in 2010. The company rents out offices with plenty of millennial-friendly perks in 90 cities across the globe. It has a valuation of $42 billion, Forbes reported.

Nathan Blecharczyk, Brian Chesky and Joe Gebbia

  • Ages: 36, 37 and 37, respectively
  • Net worth: $4.2 billion each

Nathan Blecharczyk, Brian Chesky and Joe Gebbia co-founded Airbnb in 2008, which is now used by more than 300 million people across 191 countries. Blecharczyk serves as chief strategy officer, Chesky is the company’s CEO and Gebbia is the chief product officer.

Ibl / Shutterstock.com

Agnete Kirk Thinggaard

  • Age: 36
  • Net worth: $4.7 billion

Agnete Kirk Thinggaard sits atop a throne of Legos as the fourth-generation owner of the toy company. Lego was founded by her great-grandfather, and Thinggaard now splits a 75% stake in the company with her father, sister and brother, Forbes reported.

Richard Drew/AP/REX / Shutterstock.com

Jack Dorsey

  • Age: 42
  • Net worth: $4.8 billion

Jack Dorsey is putting in double duty as the CEO of both social media giant Twitter and small-business payments company Square — both of which he also co-founded.

catwalker / Shutterstock.com

Jan Koum

  • Age: 43
  • Net worth: $10.1 billion

Jan Koum is the co-founder of WhatsApp, the world’s biggest mobile messaging service. Facebook bought the company for $22 billion in 2014, and four years later, Koum resigned as WhatsApp’s CEO.

He’s still incredibly wealthy thanks to his Facebook shares. And that’s even after he donated $555 million worth of his shares to the Silicon Valley Community Foundation, Forbes reported.

Larry Page

  • Age: 46
  • Net worth: $53.9 billion

Google co-founder Larry Page now serves as CEO of Alphabet, the search engine’s parent company. He is also the CEO of Google’s healthcare division, Calico, as well as the Nest smart home brand.

Paul Sakuma/AP/REX / Shutterstock.com

Mark Zuckerberg

  • Age: 35
  • Net worth: $68.8 billion

One thing that several of these young billionaires have in common is that they founded companies that were acquired by Facebook and are now rich thanks to their shares in the company. So it should come as no surprise that Mark Zuckerberg ranks at the top of this list.

The Facebook co-founder, chairman and CEO is the wealthiest person under 50 and the eighth-richest person in the world, according to Forbes. Zuckerberg founded the social networking site in 2004. Although it’s had its fair share of criticism and controversy, it still manages to be extremely profitable. He maintains a roughly 15% share of the company.

More on Money

Net worths were sourced from Forbes and are accurate as of Aug. 7, 2019.