Gen Z billionaires of the world: Gen Z is often considered as the non-conformist workforce across the corporate world. Notably so, some innovators have truly embodied this image and came out shining on the other end. Today, there are several Gen Zs on the list of billionaires in the world. From tech founders to crypto traders, Gen Z billionaires have made their fortune not only through innovation, but being a tech-driven generation as their superpower.
And surprisingly, they are the rich owners of products and services; millions of users come to day after day. Ruling the finance world, they developed a niche, several millennials wouldn’t have even dared to explore at the time. Here’s a look into the billionaire Gen Zs of the world.
Top 7 Gen Z billionaires
- Alexandr Wang ($3.2 billion)
Founder of Scale AI, Alexandr Wang, co-founded the startup in 2016. Scale AI helps firms make sense of their raw data with the help of AI and machine learning. The California-based outfit has over 300 clients today and he is the youngest self-made billionaire. Holding the 14% stake of the firm, he is a former MIT dropout.
- Palmer Luckey ($3.6 billion)
Founder of Oculus VR, Luckey sold his brainchild to Facebook (now Meta) in 2014 in a $2 billion deal. He built the first virtual reality headset at the age of 16 and then founded his defense startup, Anduril, in 2017, which is valued at $8.5 billion today.
- Ed Craven ($2.8 billion)
The co-founder of Stake.com, Ed Craven, founded the world’s biggest crypto-backed online casino at the age of 29. With an average annual revenue of $4.7 billion, Stake’s popularity has gone up steadily in the UK, US, and several parts of Europe.
- Evan Spiegel ($2.7 billion)
Remember the flower crown and dog filters of 2016? This is the man who revolutionised social media with Snap Inc. Evan Speigel minted his first billion at the age of 25. Today, over 400 million users join Snapchat a day and books an average annual revenue of $4.6 billion.
- Ben Francis ($1.4 billion)
Founder and CEO of the sportswear brand Gymshark, Francis owns 70% off his company. Co-founded with his friend Lewis Morgan from his parent’s garage, Gymshark became one of the leading and aspirational athleisure brands among fitness enthusiasts. It has since grown due to its strategic partnership with influencers.
- Vitalik Buterin
The world’s youngest crytpo billionaire, he is the founder of Ether, Ethereum’s native cryptocurrency. He also wrote for Bitcoin Magazine and was awarded the Thiel Fellowship worth $100,000. The Russian-Canadian entrepreneur made the billionaire cut at 27.
- Kim Jung-Youn ($1.8 billion)
Ranking among the youngest billionaires of South Korea, Kim Jung-Youn is the largest stakeholder of online gaming giant Nexon. Kim and his sister inherited the film from their father, who founded it in 1994.