• 2 months ago
These five relatively youthful moguls have a whole lot of money—and plenty of time to spend it.

The Forbes 400 is our annual ranking of the richest Americans. Our estimates are a snapshot of each members wealth as of September 1, 2024.

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Transcript
00:00In all, there are 26 billionaires on the Forbes 400 who are under 50, including two 30-somethings.
00:07The top 10 youngest listees are all aged 42 or under.
00:11Together, these 10 super-rich youngsters are worth $273 billion.
00:17Two-thirds of that sum comes from one young mogul alone, Mark Zuckerberg, who's worth
00:22an estimated $181 billion.
00:26The Facebook co-founder debuted on the list in 2008 at age 24.
00:30He's now 40, and, with shares of Facebook parent company Meta at all-time highs, richer
00:36than ever.
00:37The number of under-40 members on the list continues to dwindle, down from 4 last year
00:42and 10 in 2022.
00:44Some of the list's youngsters, like Zuckerberg and Moskovitz, are simply just getting older.
00:49Others, like Snap co-founders Evan Spiegel, 34, and Bobby Murphy, 36, have dropped from
00:55the ranks as their companies have languished.
00:58Then there are the flame-outs, like FTX's Sam Bagman-Free, 32, now broke and serving
01:03a 25-year prison sentence for fraud and conspiracy.
01:07With the minimum net worth to make the rankings skyrocketing to record heights, these wonderkids
01:11have been largely replaced by older billionaires, proving that keeping a spot on the Forbes
01:16400 might be every bit as hard as getting one in the first place.
01:20Here are the 5 youngest members of the 2024 Forbes 400.
01:25At number 5, Nathan Blacharzyk
01:29Blacharzyk is nearly two years younger than his Airbnb co-founders Brian Chesky and Joe
01:33Gebbia, who rank as the 12th and 13th youngest on the list.
01:38Currently the vacation rental company's chief strategy officer, Blacharzyk served
01:42as Airbnb's first engineer, coding its original website and pioneering the company's data
01:47science, payment, and marketing teams.
01:50He's also an active Airbnb user, he and his wife have hosted hundreds of guests.
01:56At number 4, Mark Zuckerberg
01:59Meta has rebounded in a big way from its 2022 nadir, including a 75% jump over the
02:06past 12 months.
02:07That has added $75 billion to Zuck's fortune, making him the third richest American.
02:13At number 3, Dustin Moskovitz
02:16Moskovitz helped launch Facebook with then-roommate Mark Zuckerberg, who is just 8 days older.
02:21Besides having a stake in Facebook parent company Meta, he also owns shares in Asana,
02:26the workflow software company he started after leaving Facebook in 2008.
02:31At number 2, Josh Kushner
02:34Kushner started VC firm Thrive Capital, which has an impressive track record of investing
02:38in tech startups, including Instagram, Spotify, and Slack.
02:43He's also heir to a real estate dynasty run by his father, Charles Kushner, and his brother
02:47Jared Kushner is married to Ivanka Trump and served as an advisor in the Donald Trump administration.
02:55And the youngest member of the Forbes 400, Lucas Walton
02:59The youngest member of the Forbes 400 hails from the richest family in America, the heirs
03:04of Walmart co-founder Sam Walton, who collectively owns half of the retailer's stock.
03:10Walton quietly inherited his wealth after his father, John Walton, died in a plane crash
03:14in 2005.
03:16Lucas, who survived childhood cancer and who does not work for Walmart, invests in businesses
03:21tackling environmental and social challenges, and chairs the Environmental Program Committee
03:26of the Walton Family Foundation.

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