Technology's Young Billionaires
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Mark Zuckerberg
Age: 25
Net worth: $4 billion
Regains his status as world's youngest self-made billionaire after falling off the list last year during the economic crisis. His social-networking site Facebook became "cash-flow positive" in 2009; recent transactions of its shares on private equity exchange SecondMarket put the site's value at upward of $15 billion. Zuckerberg started Facebook in early 2004 while a sophomore at Harvard. He dropped out after receiving funding from PayPal cofounder Peter Thiel. The number of Facebook users has surged 130% over the past 12 months to 400 million. A public offering seems inevitable, though Zuckerberg is said to be IPO-shy.
Yoshikazu Tanaka
Age: 33
Net worth: $1.4 billion
The world's second-youngest self-made billionaire. Made his fortune from a social networking site he founded called Gree. He started out at Sony, then worked for fellow Japanese billionaire Hiroshi Mikitani at online shopping site Rakuten. Left in 2004 to set up Gree at a tech incubator. Transitioned the site into a mobile gaming-focus to compete with rivals. It's attracting around 1 million new subscribers a month, who pay for virtual clothes and accessories for online avatars that participate in social games on their mobile phones.
Sergey Brin
Age: 36
Net worth: $17.5 billion
The Google cofounder's hot streak brings him up a couple of rankings to 24th richest in the world. His fortune grew $5.5 billion as shares of the search giant rose 70% in past year. Google revenues hit $23.7 billion. Unveiled smart phone Nexus One in January; operates with Android software. Announced upgraded version of Chrome browser in March. Emigrated from Russia, met future partner Larry Page at Stanford; duo dropped out of computer science Ph.D. program in 1998. Brin introduced goats to Google's campus last year, since animals are less harmful to the environment than lawn mowers.
Larry Page
Age: 37
Net worth: $17.5 billion
The surge in Google stock pushed up cofounder Page's fortune by $5.5 billion and lands him as 24th richest. Google continues to dominate search, though it has seen Microsoft's Bing search engine--launched in 2009--take a slice of its market share. The company has moved into mobile phones and mobile software with the January launch of its Nexus One smart phone, which uses its Android operating system software. Google Apps--including Google Docs and Google Calendar--are a $750 million piece of the overall business and growing. Page met Brin at Stanford, where the pair founded Google.
Robin Li
Age: 41
Net worth: $3.5 billion
The Chinese Internet entrepreneur returns to the billionaire ranks and is now nearly twice as rich as he was in 2008 when he last made the cut. Li heads China's online search leader, Baidu, which posted a 48% rise in fourth-quarter profit. Baidu's stock rose 281% in the past 12 months, thanks to the strong results, but also more recently due to its ongoing rivalry with Google. Baidu shares, and his fortune, jumped by one-third after Google said in January it might pull out of China.
Jerry Yang
Age: 41
Net worth: $1.3 billion
Yahoo cofounder Yang has gone through a volatile few years. The 26% rise in Yahoo's stock helped boost his fortune since last year. While chief executive of Yahoo, Yang turned down a $44.6 billion takeover bid from Microsoft, prompting activist shareholder Carl Icahn to try and oust Yang. He eventually stepped down in November 2008, replaced by spitfire Carol Bartz. Yahoo formed a search partnership with Microsoft in July 2009, in which Yahoo will run ad sales for Microsoft's Bing search engine. The company turned 15 in February 2010.
Pierre Omidyar
Age: 42
Net worth: $5.2 billion
Omidyar's fortune is up $1.6 billion thanks to a surge in eBay's stock price: shares rose 115% in the last year. EBay's 2009 sales were $8.7 billion; the Web site had 84 million users. The company completed a 70% sale of Internet calling unit Skype in November 2009, valuing Skype at $2.75 billion. A French-born computer programmer, Omidyar launched online auction outfit eBay in 1995. He remains chairman. Has pledged more than $900 million to nonprofit causes and for-profit investments, and supports issues ranging from microfinance to his home state of Hawaii.
Peter Thiel
Age: 42
Net worth: $1.2 billion
Thiel returns to the billionaires list thanks in part to the rising valuation of Facebook, a company in which he initially invested $500,000 back in 2004 as the first outside investor. A chess prodigy, he was ranked seventh in the U.S. under-13 bracket by age 12. As a Stanford law grad student, Thiel spent time at Credit Suisse before founding Thiel Capital in 1996. Renamed Clarium Capital in 2002, the fund reportedly fell 25% last year. Thiel also cofounded PayPal in 1998, and sold the company to eBay in 2002 for $1.5 billion. He netted $60 million. He plowed those proceeds into venture capital outfit Founders Fund in 2005.
Michael Dell
Age: 45
Net worth: $13.5 billion
Dell's net worth rose $1.2 billion from a year ago, but his ranking among dropped to 37th from 25th last year. The leader of one of the world's largest PC-makers, trying to claw its way back to the top, completed a purchase of IT services outfit Perot Systems in November 2009. Dell returned to the company helm two years ago, brought new management, restructured divisions. Dell introduced smart phone and tablet devices in the past few months. The company's stock slipped nearly 10% in the past six months, however, and revenue fell 13% in the year ended January 2010.
Jeffrey Skoll
Age: 45
Net worth: $2.4 billion
Also helped by eBay's rising stock is Skoll, eBay's first president and full-time employee. Skoll, no longer involved with the company, now focuses on inspiring social action by launching entrepreneurs through his Skoll Foundation producing movies through Participant Media. He backed the Oscar-winning film, An Inconvenient Truth, the global-warming documentary that featured former Vice President Al Gore. Skoll pumped gas in Toronto before getting an M.B.A. from Stanford in 1995. He received the Producers Guild of America's Visionary Award in January 2010.
Marc Benioff
Age: 45
Net worth: $1.3 billion
Benioff returns to the billionaire ranks this year, thanks to surging Salesforce.com stock, which rose 140% over the past year. The evangelical tech entrepreneur launched entertainment software maker Liberty Software in 1979 at age 15. After graduating from the University of Southern California, he held posts at Oracle and Apple before launching Salesforce.com. The company's mission: "the end of software." He recently launched "corporate Facebook" Service Cloud 2 with business social networking application Chatter.
Jack Ma
Age: 45
Net worth: $1.2 billion
Ma returns to the billionaires list as well this year. In 1995 he started the China Pages, one of nation's first Internet companies. Three years later Ma founded Internet company Alibaba with $60,000 in capital, mostly to offer a way for companies outside China to find manufacturers and suppliers inside China. He took his business portal Alibaba.com public in 2007. Yahoo is an investor. Alibaba Group, which now has 17,000 employees, also operates Taobao.com, a consumer e-commerce portal similar to eBay, and AliPay, an online payment system.
Jeffrey Bezos
Age: 46
Net worth: $12.3 billion
Bezos' fortune rose $5.5 billion in the past year, as Amazon shares rose 100%. His rank on the billionaires list is 43rd this year, up from 68th last year. Bezos launched the Kindle digital book reader in 2007; Kindle 2 debuted in 2008. Amazon's net income increased 40% while the economy crashed in 2009, as bargain-hunters flocked to its online marketplace for low prices and convenience. It also acquired online shoe retailer Zappos in July 2009 for $800 million in stock.
Shi Yuzhu
Age: 47
Net worth: $1.6 billion
Shi heads Giant Interactive, one of China's most successful online game companies, which he founded in 2005 and took public in 2007 in the U.S. In October 2009 the company licensed flagship game ZT Online to Astrum Nival of Russia. Shi got a bachelor's degree in mathematics from the academic cradle of China's software industry, Zhejiang University, and created a huge following for his Zhuhai Giant Hi-Tech Group in 1991, based on the popularity of a single videogame. His recent return to games through an online services provider he founded, ZTgame, has given new life to his entrepreneurial reputation.
James Balsillie
Age: 49
Net worth: $2.3 billion
Balsillie is cofounder of BlackBerry maker Research in Motion, with fellow billionaire Mike Lazaridis. The smart phone maker, still perceived as business-user oriented, is locked in a fierce battle for market share with its nemesis Apple and its iPhone, and a host of other new smart phones. Along with Lazaridis and Chief Operating Officer Dennis Kavelman, Balsillie was ordered to pay $62 million to settle a backdating options case in 2009. He was also forced to step down from RIM board of directors.
