Forbes Top 100 Sites for Women 2012

America’s Richest Entrepreneurs Under 40

January 6th, 2017

At the end of any year it’s time to start tallying up totals to see who came out on top – in so many categories and 2016 was no different. As we keep chugging along into the New Year, it’s fun to look back and see who conquered the prior year with a vengeance. And, when it comes to “America’s Richest Entrepreneurs Under 40,” Forbes has that covered. It’s a fun one to sift through and learn a little something too about just how creative people are getting when it comes to making it big. If you’ve caught the entrepreneurial bug like I did at a young age, you’ll understand just how inspiring this really is. Here are a few excerpts and some of my favorites from the list, but be sure to take in the full article here.

America's Richest Entrepreneurs Under 40 (Beyonce Make the List)

Beyonce made the list of America’ richest entrepreneurs under 40. JStone / Shutterstock.com

America’s Richest Entrepreneurs Under 40

Here’s a few of the facts via Forbes:

  • The minimum net worth to make Forbes second annual list of wealthiest entrepreneurs under 40 dropped by nearly one third to $270 million, from $400 million a year ago, as four well known entrepreneurs aged out of the elite group including Uber’s Travis Kalanick, Twitter’s Jack Dorsey and What’s App’s Jan Koum.
  • Newcomers to the 2016 ranks include NBA stars Kobe Bryant and LeBron James and boxer Floyd Mayweather as well as pop star Beyonce and actress-turned-consumer products marketer Jessica Alba.
  • The latter are the only two women among the top 40 under 40.
  • All five of these superstars have net worths that range from $275 million to $350 million, meaning they made the cut this year in part thanks to the lower net worth cutoff.
  • The richest under 40 newcomer is Bryan Sheffield, who has struck it rich in the Texas oil patch. Sheffield is worth $1.45 billion.
  • Another new billionaire is Kevin Systrom, cofounder of photo-sharing app Instagram. He is one of just two new tech tycoons to make their debut this year.
  • Number one on this list of youngest by a wide margin is Mark Zuckerberg, whose Facebook shares and net worth soared to new heights. He is now worth $50 billion, up $2.9 billion from a year ago. That’s $40 billion-plus more than the next person, his Facebook cofounder Dustin Moskovitz. (incredible!)
Mark Zuckerberg Facebook CEO

Facebook CEO Mark Zuckerberg speaking at the Mobile World Congress in Barcelona, Spain. catwalker / Shutterstock.com

The two Facebook co-founders Mark Zuckerberg and Dustin Moskovitz took slots one and two. Here are a few other highlights:

#3. Garrett Camp, Uber Technologies

#4. Nathan Belcharczyk, Airbnb

#10. Evan Spiegel, Snapchat

#12. Ben Silbermann, Pinterest

#33. Kobe Bryant, Basketball

#34. Jessica Alba, Online Retail

Tied for #34. Floyd Mayweather, Boxing

#38. Beyonce Knowles, Music

#39. LeBron James, Basketball

Can you believe just two ladies made this list and they happen to be two of our favorites? Nice work Jessica and Beyonce! I find this list completely inspiring, especially when so much of it is founded on creative and new ideas in the technology world. It’s a true testament to the fact that times have really changed. Are you inspired by this group of young, creative entrepreneurs?

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