I World’s 5 Richest People Under 30

Billionaires

World’s 5 Richest People Under 30

Here’s a look at the world’s richest people under 30, according to Forbes data. Three of the five are self-made entrepreneurs. Billionaires had to have been under 30 years old on December 31, 2021. Net worths are as of September 14, 2022.

1. Sam Bankman-Fried

Age: 30 Net worth: $17.4 billion Source of wealth: Cryptocurrency Exchange Citizenship: U.S. Bankman-Fried is among the richest people in crypto, thanks to Alameda Research trading firm and his FTX exchange, which he launched in 2019. FTX was valued at $18 billion in 2021, making Bankman-Fried one of the richest people under 30 in history. In January 2022, the exchange and its U.S. operations hit a combined $40 billion valuation. The majority of his fortune—which he claims he will eventually donate to charity—is tied up in the ownership of about half of FTX and a share of its FTT tokens. The self-made entrepreneur studied physics at MIT. Before founding FTX, he was a trader on Jane Street Capital’s international ETF desk.

2. Gary Wang

Age: 29 Net worth: $4.6 billion Source of wealth: Cryptocurrency Exchange Citizenship: U.S. Wang acts as chief technology officer of cryptocurrency exchange FTX, which he cofounded with Sam Bankman-Fried in 2019. Built “by traders, for traders,” FTX enables the buying and selling of crypto derivatives. Wang owns about 16% of

Cofounders Alex Atallah (left) and Devin Finzer.

the exchange and about 18% of its U.S. operations. He graduated from MIT with a degree in mathematics with computer science. Prior to FTX, he worked at Google, building systems to aggregate prices across millions of flights.

3. Gustav Magnar Witzoe

Age: 29 Net worth: $3.9 billion Source of wealth: Fish Farming Citizenship: Norway

Witzoe’s fortune stems from fish farming, one of Norway’s biggest industries. He owns nearly 50% of SalMar ASA, one of the world’s largest salmon producers, a stake gifted to him in 2013 by his father. The patriarch is the chairman of the company, which he founded in 1991. SalMar installed the world’s first off-shore fish farm in 2017. Witzoe is making his own mark by investing in real estate and tech startups.

4. Alex Atallah

Age: 30 Net worth: $2.2 billion Source of wealth: Online Marketplace Citizenship: U.S.

Atallah serves as chief technology officer of OpenSea, a marketplace for NFTs, which he cofounded in 2017. After a funding round that valued the New York-based company at $13.3 billion, Atallah and CEO Devin Finzer became the first NFT billionaires in January 2021. Andreessen Horowitz, Y Combinator, Coinbase, and Dapper are among the company’s backers. The self-made entrepreneur graduated from Stanford and worked as a programmer at Palantir and two startups before starting OpenSea.

4. Jonathan Kwok

Age: 30 Net worth: $2.2 billion Source of wealth: Real Estate Citizenship: Hong Kong SAR Kwok and his older brother Geoffrey took the reins of Hong Kong’s Empire Group Holdings after the death of their father, Walter, who started the company. Once the chairman of Hong Kong’s largest developer, Sun Hung Kai Properties (SHKP), Walter was ousted by his brothers in the familyowned company. Today, the brothers own Walter’s direct stake in SHKP and are listed as beneficiaries of a third of the five large family trusts held by their grandmother. Jonathan ranks as Hong Kong’s youngest billionaire, according to Forbes.