These entrepreneurs all started their careers while still in school, then made themselves rich thanks to startups.
The Forbes billionaires list in 2022 has the presence of 7 individuals under the age of 30, all of whom are rich with startups. The total worth of these 7 billionaires is up to 16.1 billion USD (equivalent to 378 trillion VND). The interesting thing is that 4/7 billionaires have dropped out of Stanford University (USA), one of the most prestigious schools in the world.
Pedro Franceschi and Henrique Dubugras
photo-1685430617371 Pedro Franceschi, 25, and Henrique Dubugras, 26 are the world’s youngest self-made billionaires on Forbes’ 2022 list. The duo founded corporate credit card startup Brex in 2017, eight months later. while at Stanford.
Brex’s core product is a credit card tailored to the needs of startups, along with a variety of new software services such as expense management products and business bill payments.
Dubugras and Franceschi met from a heated Twitter debate while still in high school, then both enrolled in computer science at Stanford. Franceschi and Dubugras currently have a net worth of $1.5 billion each.
Ryan Breslow
Talented youth: The youngest billionaire group in the world under 30 years old has a total asset of more than 300 trillion VND, 4/7 people have dropped out of the most prestigious school – Photo 3.Another billionaire Stanford dropout is Ryan Breslow. He founded payment software company Bolt in 2014 when he was a sophomore in computer science, according to Bloomberg. Bolt is a financial technology company that designed software to simplify the payment process with just one click. The number of shoppers using Bolt’s software exploded, from 800,000 at the beginning of 2020 to more than 12 million by May 2022.
In addition to Bolt, Breslow also co-founded 3 other companies and organizations. This entrepreneur once caught the eye when he initiated the 4-day/week working model in early 2022 and achieved positive results. Many businesses around the world have adopted this model, recording increased productivity and employee satisfaction.
This is the first time the 27-year-old billionaire has been named in the Forbes billionaires list with a fortune of $2 billion.
Austin Russell
Talented youth: The youngest billionaire group in the world under the age of 30 has a total asset of more than 300 trillion VND, 4/7 people have dropped out of the most prestigious school – Photo 4.Sensor technology entrepreneur Austin Russell is considered a prodigy from a very young age, 2 years old has memorized the periodic table of elements, 13 years old has applied for the first patent. He founded Luminar Technologies, a company that specializes in machine-sensing technology mainly used to build self-driving cars as a college student.
In 2012, after receiving a $100,000 scholarship from PayPal mogul Peter Thiel Russell, he quit physics at Stanford to focus on developing Luminar. This young businessman currently owns a fortune of 1.6 billion USD.
The remaining 3 people: Stanley Tang, Andy Fang, Gary Wang
In addition to the four Stanford dropouts, the list also includes two young billionaires Stanley Tang and Andy Fang, Stanford alumni who graduated from college in 2014. The duo founded the food delivery app DoorDash in 2013. and became a billionaire at the age of 29. Tang and Fang are worth $1.2 billion and $1.1 billion, respectively, according to Forbes.
The other person on the list of young billionaires is Gary Wang, active in the field of cryptocurrency technology with a fortune of $ 5.9 billion.
Talented youth: The youngest group of billionaires in the world under 30 years old has a total asset of more than 300 trillion VND, 4/7 people have dropped out of the most prestigious school – Photo 5.Stanford ranks 3rd in the list of the best universities in the world according to THE rankings and the QS Rankings in 2023. This school has a tough competition, accepting less than 4% of the more than 55,000 Applications are due in 2021. Stanford tuition is about 57,693 USD/year.
Notably, Stanford is also ranked as the top business school in the world. This school is known as “the furnace of billionaires”, a series of alumni have become famous entrepreneurs such as Google co-founders Sergey Brin and Larry Page, Snapchat owner Evan Spiegel, former CEO of Netflix Reed Hastings, Nike founder Phil Knight…
According to BI, Forbes