Forbes list: the youngest and oldest members!

The annual Forbes 400 List shows the people in the United States who have net worth of $ 2.9 billion or more. The 40th annual list shows an age range of 29 to 95 years in 2021.
Here’s a look at the oldest and youngest people on the list and what makes up their net worth.

The Forbes 400 list

The list’s total assets as of 2021 are over $ 4.5 trillion, the highest in the list’s 40-year history.
“Despite the uncertainty and the ever-changing market economy, the Forbes 400 2021 list shows the richest Americans got even richer,” said assistant editor-in-chief Kerry A. Dolan. “The wealthiest Americans overall grew 40 percent year over year, and almost all are richer than they were last year.”

The founder of Amazon.com Inc. (NASDAQ:AMZN), Jeff Bezos, topped the list for the fourth straight year with net worth of $ 201 billion.

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The youngest: There are 15 people under 40 on the Forbes 400 2021 list. That’s an increase of 13 and 12 in 2019 and 2020, respectively.

Listenneuling Sam Bankman-Fried is the youngest billionaire on the list at 29. The founder of FTX has a net worth of $ 22.5 billion thanks to the rising value of the cryptocurrency exchange he founded two years ago.

FTX has made a name for itself in the crypto world and is in the process of increasing its presence in sports. The company has, among other things, contracts with Trevor Lawrence, Tom Brady, Steph Curry, Major League Baseball and Miami Heat completed.
FTX was valued at $ 18 billion in July.

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Here are the youngest people on the list

Evan Spiegel (31): $ 13.8 billion, Co-Founder and CEO of Snap Inc (NYSE:SNAP).
Bobby Murphy (33): $ 15.2 billion, co-founder and CTO of Snap Inc.
Fred ehrsam (33): $ 3.5 billion, co-founder of Coinbase Global (NASDAQ: COIN), left the company in 2017 and still owns 6% of the company.
Lukas Walton (35): $ 17.2 billion, grandson of Walmart Inc. (NYSE: WMT) Founder Sam Walton, inherited his father’s stake in the company.
Baiju Bhatt (36): $ 2.9 billion, co-founder of Robinhood Markets Inc (NASDAQ: HOOD), left the company in November 2020, but still holds 8% of the shares in the company.
Mark Zuckerberg (37): $ 134.5 billion, Co-Founder and CEO of Facebook Inc (NASDAQ: FB), one of eight centibillionaires on Forbes’ list.
Dustin Moskovitz (37): $ 24.1 billion, co-founder of Facebook and Asana Inc. (NYSE: ASAN), owns approximately one-third of Asana shares and 2% of Facebook shares.
Brian Armstrong (38): $ 11.5 billion, Co-Founder and CEO of Coinbase, owns 19% of the company’s shares.
Nathan Blecharczyk (38): $ 10.0 billion, co-founder of Airbnb Inc (NASDAQ: ABNB), other Airbnb co-founders turned 40 last year.
Scott Duncan (38): $ 2.6 billion, inherited shares in Enterprise Products Partners (NYSE: EPD), a pipeline company.
R.J. Scaringe (38): $ 3.4 billion, founder of the electric vehicle company Rivian, which was valued at $ 27.6 billion prior to its upcoming IPO.
Ernest Garcia III (39): $ 9.3 billion, founder of Carvana Co (NYSE:CVNA).
Lynsi Snyder (39): $ 4.2 billion, only woman on list of those under 40 who In-N-Out Burger, who inherited the chain of restaurants founded by her grandparents.
Ben Silbermann (39): $ 3.3 billion, Co-Founder and CEO of Pinterest (NYSE:PINS).

The oldest

14 members of the Forbes 400 2021 list are 90 years of age or older. Most of these people have been on the list before.

David Gottesman (95): $ 3.1 billion, investor and board member of Berkshire Hathaway Inc (NYSE:BRKA)(NYSE:BRKB).
Alice Schwartz (95): $ 3.2 billion, co-founder of Bio-Rad Laboratories Inc (NYSE:BIO).
Ted Lerner (95): $ 4.7 billion, real estate investor and owner of MLB Washington Nationals.
Charles Dolan (94): $ 5.6 billion, media and sports mogul with stakes in AMC Networks (NASDAQ:AMCX), Madison Square Garden Sports (NYSE: MSGS) and Madison Square Garden Entertainment (NYSE: MSGE).
W. Herbert Hunt (92): $ 2.9 billion, oil magnate.
Archie Aldis Emmerson (92): $ 3.5 billion, owns over 2 million acres, and is the third largest landowner in the United States.
Bernard Marcus (92): $ 9.1 billion, co-founder of retail giant Home Depot Inc (NYSE:HD).
Gordon Moore (92): $ 10.8 billion, co-founder and former CEO / Chairman of Intel Corp. (NASDAQ:INTC).
Donald Newhouse (92): $ 18.1 billion, media tycoon with stakes in Reddit and Discovery Communications (NASDAQ:DISCA).
George Soros (91): $ 8.6 billion, hedge fund tycoon.
Edward Johnson III (91): $ 11.5 billion, son of Fidelity founder and former wealth manager.
Warren Buffett (91): $ 102 billion, founder of Berkshire Hathaway.
Walter Scott Jr. (90): $ 4.2 billion, former Berkshire Hathaway director and investor in energy stocks, passed away in September.
Rupert Murdoch (90): $ 23 billion, media tycoon involved in Fox Corp (NASDAQ:FOX).

Photo: Courtesy of Unsplash

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