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Facebook Co-Founders Take Top Spots Among Ultra Wealthy Technopreneurs Aged 30 And Under

07 August 2013

Mark Zuckerberg Leads All-Male Roster With US$17.3 Billion Fortune
 
New York, 7 August, 2013 – Mark Zuckerberg and two of his Facebook co-founders, Dustin Moskovitz and Chris Hughes, occupy the top three spots in Wealth-X’s list of ultra wealthy technopreneurs aged 30 and under with a combined net worth of US$22.4 billion.
 
Zuckerberg’s net worth increased by US$3.7 billion to US$17.3 billion after shares of the world’s No. 1 social network soared on 24 July on mobile advertising revenue that ignited a 20 percent share rally. Co-founder Moskovitz, Zuckerberg’s former roommate and now CEO at Asana, an online shared task list, saw his fortune rise nearly US$1 billion to US$4.2 billion. Hughes, a Facebook spokesman until 2007 and now publisher and editor-in-chief of New Republic, the 98-year-old magazine he bought in 2012 for an undisclosed amount, is in third spot with a net worth of US$950 million, according to Wealth-X, the world’s leading ultra high net worth intelligence provider.
 
Below are the top 10 ultra wealthy technopreneurs:

 

Rank

Name

Net Worth
(US$ million)

Position

Company

Age

1

Mark Zuckerberg

17,300

Co-founder, chairman and CEO

Facebook

29

2

Dustin Moskovitz

4,200

Co-founder

Facebook/Asana

29

3

Chris Hughes

950

Co-founder

Facebook/Jumo*

29

4

Andrew Houston

610

CEO and Co-founder

Dropbox

30

5

Nathan Blecharczyk

500

Chief Technology Officer

Airbnb

 

30

6

Kevin Systrom

420

CEO

Instagram

29

7

Arash Ferdowsi

400

Co-Founder

Dropbox

27

8

Evan Spiegel

210

CEO

Snapchat

22

9

Bobby Murphy

210

Co-Founder

Snapchat

24

10

David Karp

200

CEO

Tumblr

27

  

* In 2010, Hughes launched the charity-driven social network Jumo, which subsequently merged with social action publishing firm Good in 2011. Hughes has an advisory role in the company as he focuses on New Republic.
  
The men in the list have accumulated a massive US$25 billion between them, according to Wealth-X data, through growing their companies, mostly within the last decade. Wealth-X data also shows that eight out of the 10 men are based in California, reaffirming the status of the US West Coast as a hub for technological innovation.

  
About Wealth-X
  
Wealth-X provides detailed intelligence on ultra high net worth (UHNW) individuals globally, defined as those with assets of US$30 million and above. Headquartered in Singapore, Wealth-X has more than 200 staff in 12 offices globally.
  
For Press Enquiries, please contact: press@wealthx.com