When my father turned forty, we threw him a tongue-in-cheek funeral themed party, deck the living room with memorabilia. We laughed and laughed about it – forty back then was older than forty today. In today’s world, we’re always on the hunt of “someone young and hungry.” The connotation is lucid: if you aren’t young, you probably have very little to contribute. To be young and to make life really count is tougher than it sounds. To start with, one needs to get up from the slumber of stagnation. Productivity and creativity aside, one also needs a strong commitment to shoring up to the next level. Young Entrepreneurs in this stage are supremely motivated not just for themselves, but for others.
The below-40 crowd is more likely to do work that matters not just for themselves, but also future generations. For example, Mark Zuckerberg, 33, the richest tech billionaire under 40, has pledged to give away 99 percent of his earnings on behalf of The Giving Pledge. Airbnb co-founders – Joe Gebbia, Brian Chesky and Nathan Blecharczyk, have pledged to donate wealth to the U.S. Philanthropy project. In learning about these inspiring entrepreneurs, it’s easy to see why young billionaires have more innovation potential to do what really matters.