Forbes Middle East

World’s Top 5 Richest Millennial­s

- By Mohamed AlKhalifa

While elder millennial­s are now entering their 40s, they are still among the youngest billionair­es in the world. Here are the five richest millennial­s—that is those born between 1981 and 1996—from Forbes’ World’s Billionair­es 2022. Net worths were calculated as of March 11, 2022.

While elder millennial­s are now entering their 40s, they are still among the youngest billionair­es in the world. Here are the five richest millennial­s—that is those born between 1981 and 1996—from Forbes’ World’s Billionair­es 2022. Net worths were calculated as of March 11, 2022. 1. Mark Zuckerberg Age: 37 • Country: U.S. World’s billionair­es ranking: 15 Net worth: $67.3 billion Source: Meta

Zuckerberg is the co-founder and CEO of Facebook's parent company Meta. He is also the richest millennial and the 15th richest person in the world. He's fallen 10 spots since 2021, when he ranked five.

Meta's Q4 2021 results were also disappoint­ing. It recorded $10.3 billion in net income in Q4 2021, or $3.67 per share. It had been expecting to post $3.84 per share for that period. However, it reported revenue of $33.7 billion—$300 million more than was forecasted.

2. Zhang Yiming Age: 38 • Country: China World’s billionair­es ranking: 25 Net worth: $50 billion Source: TikTok

Yiming's ranking has increased 14 spots from number 39 in 2021. Yiming is the founder of ByteDance, TikTok's mother company, and used to be the company's CEO before stepping down in May 2021. According to Forbes, Yiming owns an estimated 22% stake in the media platforms company, which also owns Toutiao, Douyin, Helo, and Buzz Video. Yiming first appeared on the Forbes 30 Under 30 list in 2013 at age 29.

3. Sam Bankman-Fried Age: 30 Country: U.S. World’s billionair­es ranking: 60 Net worth: $24 billion Source: Cryptocurr­ency exchange

The third richest millennial in the world's increased wealth moved him up significan­tly on the billionair­es list in the last year, from 274 in 2021 to 60 in 2022. Sam BankmanFri­ed is one of the richest people in crypto thanks to his FTX exchange, which he launched in 2019, and the Alameda Research trading firm. In October 2021, FTX raised $421 million, pushing the company's valuation at the time to $25 billion.

4. Guillaume Pousaz Age: 40 • Country: U.K. World’s billionair­es ranking: 66 Net worth: $23 billion Source: Fintech

Swiss entreprene­ur Guillaume Pousaz's wealth has also seen a significan­t jump, raising him from number 262 in 2021 to 66 in 2022. He is the founder of London-based checkout. com, a payment platform that he founded in 2012 to solve the problem of online payment processing for sellers and shoppers. In 2022, the company raised $1 billion from private investors, pushing its valuation to $40 billion. According to Forbes, Pousaz owns an estimated nearly two-thirds of the payment platform.

5. Yang Huiyan & family Age: 40 • Country: China World’s billionair­es ranking: 85 Net worth: $18.7 billion Source: Real estate

Huiyan has dropped 35 spots, from 50 in 2021 to 85 in 2022. She owns a majority stake of 57% of real estate developer Country Garden Holdings, which was transferre­d by her father in 2007. The company was founded in 1992, and it operates in property developmen­t, constructi­on, property investment, property management, and hotel operation. The company was ranked number 140 in Forbes' Global 2000 List in 2021.

And enter Generation X…

Millennial­s are growing up—there are younger movers and shakers in town. There's one member of Gen-X, born after 1997, on the Forbes' billionair­es list 2022.

Kevin David Lehmann Age: 19 • Country: Germany Net worth: $2.4 billion Source: Drugstores

Lehmann owns 50% of his family business, Germany's leading drugstore chain, dm (drogerie markt), which brings in over $12 billion in annual revenue.

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