Meet 10 of the Youngest Billionaires in the US
Key Points:
- Forbes' latest list of America's 400 richest billionaires requires a record $4.4 billion net worth to qualify, with 10 billionaires under 40 making the list, up from four last year.
- Seven of the youngest billionaires earned their wealth through the AI boom, primarily as founders of AI companies, rather than through inheritance.
- Four of these young billionaires are cofounders of Anthropic, an AI company valued at $1.5 trillion, whose founders pledged to donate 80% of their wealth to philanthropy.
- The other three young AI billionaires founded Surge AI, OpenAI, and Cognition, highlighting the significant impact of AI startups on wealth creation.
- Only one young billionaire, Lukas Walton, inherited his fortune from Walmart's founder, and most of the youngest billionaires live in California, except Walton and Edwin Chen who reside in New York.