Meet The youngest billionaires in tech

There may be some truth to the old adage that with age comes wisdom. If you're in tech, however, youth is no obstacle to success. 

Some of the most successful tech entrepreneurs of the last decade have taken their companies public or sold them for millions before their 30th birthdays. 

With the help of Forbes' billionaire list, we've ranked the youngest tech executives to accrue billions of dollars of wealth.

Each billionaire appearing on the list is under 40 years old.

18. Nick Woodman

Andrew Burton/Getty Images

Age: 39

Net worth: $2.5 billion

Nick Woodman is the founder and CEO of sports-camera company GoPro. With an estimated compensation of $284.5 million, he was the highest-paid U.S. CEO of 2014.

17. Jan Koum

David Ramos / Getty Images

Age: 39

Net worth: $6.8 billion

Jan Koum is the cofounder and CEO of WhatsApp, which Facebook bought for $19 billion in February 2014.

16. Yoshikazu Tanaka

via TipTopTens.com

Age: 38

Net worth: $1.14 billion

 Yoshikazu Tanaka is the founder and CEO of Gree, a Japanese gaming and social networking company.

15. Jack Dorsey

Kimberly White/Getty Images for Vanity Fair

Age: 38

Net worth: $2.5 billion

Jack Dorsey is a cofounder of Twitter and still owns a 4% stake in the company. He went on to found Square, a mobile payments company.

14. Travis Kalanick

(AP Photo/Paul Sakluma, File)

Age: 38

Net worth: $5.3 billion

Travis Kalanick is the cofounder and CEO of Uber. The ridesharing app has been valued at as much as $41 billion, and he's been a billionaire on paper since June 2014.

13. Naruatsu Baba

New Context Conference / Flickr

Age: 37

Net worth: $1.64 billion

Naruatsu Baba is the founder and CEO of Japanese smartphone game maker Colopl.

12. Robert Pera

Lance Murphey/AP Images

Age: 37

Net worth: $1.8 billion

Robert Pera founded wireless product maker Ubiquiti Networks. The company's 2011 IPO made him a billionaire.

11. Garrett Camp

Flickr/Joi

Age: 36

Net worth: $5.3 billion

Garret Camp is the cofounder and chairman of Uber. Before that, he cofounded StumbleUpon.

10. Scott Farquhar

PR Web

Age: 35

Net worth: $1.1 billion

Along with college friend Mike Cannon-Brookes, Scott Farquhar is the cofounder of Australian software company Atlassian. The company is worth $3.3 billion as of April 2014, and Farquhar and Cannon-Brookes each own about  a third.

9. Mike Cannon-Brookes

matthewb / Flickr

Age: 35

Net worth: $1.1 billion

 Mike Cannon-Brookes cofounded Atlassian with college friend Scott Farquhar. According to Forbes, he owns a Tesla.

8. Sean Parker

Michael Buckner / Getty Images

Age: 35

Net worth: $2.5 billion

 Sean Parker is the cofounder of Napster and founding president of Facebook.

7. Eduardo Saverin

Jason Kempin/Getty Images

Age: 33

Net worth: $4.9 billion

Eduardo Saverin is a cofounder of Facebook. He has since renounced his U.S. citizenship, moved to Singapore, and invested in startups like Hampton Creek and Silvercar.

6. Drew Houston

TOSHIFUMI KITAMURA/AFP/Getty Images

Age: 32

Net worth: $1.2 billion

Drew Houston is the cofounder and CEO of Dropbox. The company is now worth more than $10 billion.

5. Ryan Graves

Age: 31

Net worth: $1.4 billion

Ryan Graves was Uber's first hire. He got the job by tweeting at Travis Kalanick: ""heres a tip. email me :)."

4. Dustin Moskovitz

Getty/Araya Diaz

Age: 30

Net worth: $8.1 billion

Dustin Moskovitz was Facebook's third employee. He went on to found software firm Asana and, with his wife Cari, Good Ventures.

3. Mark Zuckerberg

REUTERS/Rick Wilking

Age: 30

Net worth: $34.4 billion

Facebook cofounder and CEO Mark Zuckerberg has been a paper billionaire since he was 23. It became official in 2012, when he sold 30.2 million Facebook shares for a $1.13 billion profit.

2. Bobby Murphy

Larry Busacca/Getty Images for TIME

Age: 26

Net worth: $1.5 billion

Like his cofounder, Snapchat CTO Bobby Murphy owns at least a 15% stake in the disappearing photo messaging startup. 

1. Evan Spiegel

Michael Kovac/Getty Images

Age: 24

Net worth: $1.5 billion

Snapchat cofounder and CEO Evan Spiegel is the youngest billionaire in the world. 

"I am a young, white, educated male," he once said at a conference. "I got really, really lucky. And life isn't fair."

Now see how the youngest spends his billions.

The Verge

The fabulous life of Snapchat CEO Evan Spiegel, the youngest billionaire in the world »

Son of legendary highlife singer Victor Olaiya dies at 38

Legendary high-life musician, Dr Victor Olaiya, 84, lost one of his sons Alfred Abidemi Olaiya (pictured left) on Monday May 4th. He was just 38 years old. Alfred was also the brother of popular Yoruba actress, Mojisola Olaiya who announced his passing on her instagram page.

'Goodbyes are not forever. Goodbyes are not the end. They simply mean I will miss you until we meet again. I will miss you dear brother Abide mi Olaiya R.I.P.' she wrote

No word on what killed him. He will be buried tomorrow. May his soul rest in peace, amen.

59-Year-Old Woman Clubbed To Death By Houseboy In Enugu

59-year-old grandmother, Mrs. Agnes Elue aka Nwanyi Maluogo has been found dead in her bedroom at One Day Road, Awkunanaw area of Enugu State in southeastern Nigeria reports The NATION. A native of  Ogwashi-Uku, Delta State, she was reportedly clubbed to death last Sunday by her teenage houseboy (names withheld). Before her death, she was an academic staff of the Federal Government College, Enugu and was given the nicknamed ‘Nwanyi Maluogo’ being a woman nice to all. 

  According to the police, the houseboy kept the murder a secret for 96 hours but he later confessed that he used a pestle to hit the late woman when an argument ensued. He is a close relative of the deceased. The murder case was discovered on Wednesday when the same houseboy reportedly went to a flat in the same compound belonging to a widow and attempted to rape her. 

He had demanded for the sum of N2,000 from the widow but before she could respond, he pounced on her and tore her clothes. It was the alarm the widow raised that attracted the caretaker of the compound who rushed in and rained blows on the boy while the molested widow used a pestle on him. When he was arrested and taken upstairs to be reported to his madam, the sight the people met was her rotting body in the bedroom. He confessed immediately that he killed her on Sunday night while it was raining. Police say they are not ruling out rape in the case of the dead woman as she found naked. The boy did not give any reason for his action and investigation is still ongoing.

Four students, women killed in Edo cult clashes

No fewer than four persons, including two students and two women, have been reportedly killed by suspected cultists in different areas of Benin, the Edo State capital.

The victims were said to have been killed on Tuesday.

There has been an increase in cult-related killings recently in the state due to suspected reprisals.

It was learnt that the ‎women, said to be the mothers of two men, who had been targeted by suspected cultists, were shot dead at Virginia Junction and New Benin both in the state capital, when the gunmen could not find their targets.

The two students were said to be schooling at the Edo State College of Agriculture, Iguoriakhi, in Ovia South West Local Government Area of the state.

They were said to be on their way to attend lectures when their assailants, who had laid an ambush in a nearby bush, shot them dead.

The gunmen were said to have fled back into the bush after the attack.

Irked by the attack, some students of the school were said to have staged a protest calling for the arrest of the perpetrators.

The Provost of the College, Dr. Friday Obasogie, who confirmed the incident, said the case had been reported to the police.

He also noted that the management of the institution had postponed its semester examinations to reduce tension as a result of the incident.

Obasogie added, “The students were going to school when the perpetrators ran out of the bush, attacked them and ran back to the bush.

“It is cult clash; you know that it has been in Benin for over a week now. The police have brought the situation under control.

“The semester’s examination has been postponed by one week to enable the tension to die down.”

‎However, the state Police Public Relations Officer, Stephen Onwochei, said investigations had commenced to identify and apprehend the culprits. Punch

Eze Ndigbo In Australia Jailed For Six Years For Drugs & Other Crimes

The Eze Ndigbo in Australia has been jailed for six years in Australia for running drug rings and a host of other crimes, reports the Daily Telegraph of Australia. Chief (Mazi) Maximus Osuamadi likes to be known as ‘The Chief’ and he rides a Mercedes-Benz and he ran a string of businesses to cover up while he mingled with the highest of politicians and senior police officers. Aged 49, he was raised in the Vatican where he studied to become a priest and last Friday he was sentenced to six years in prison for supplying methamphetamine in a judgment that has shocked many. This is because he was seen as a highly-successful businessman and respected leader of the Nigerian community in Sydney. 

Chief Maximus Osuamadi with former deputy premier John Watkins, left, and former MPsTanya Gadiel and David Borger.

    He was so influential that he was mingling with powerful local politicians such as premier Morris Iemma and senior officers of the police force. But in reality, Chief Osuamadi was the brain behind a West African crime syndicate that the police has described as the black Mafia of Sydney. As the godfather and boss of the crime syndicate, he shuttled between China and Nigeria. In 2010, the Strike Force Bellevue was set up and 11 people were arrested after undercover operatives infiltrated the syndicate. Detective Superintendent Nicholas Bingham, Drug Squad Commanderat said: 

“It was a secret criminal society in this city and beyond which contributed significantly to the illegal drug supply in the Sydney metropolitan area. They had no criminal records and really were an unknown criminal element.”

A NSW Police surveillance image of Chief Maximus Osaumadi / Picture: Police Media.

On Friday, Mazi Osuamadi was sentenced to six years in prison in the Parramatta District Court for supplying a commercial quantity of methamphetamine during an undercover operation in Auburn Botanical Gardens and in a series of conversations that were secretly recorded. But when he was arrested at his Granville home he remained indignant. He said he was of royal blood that with connections to the leading NSW (New South Wales) politicians, local police and even the commissioner. He boasted: 

“Everybody in Granville knows me, the police there and the local politicians. I am an identity. I am Chief of the Igbo (Nigerian) community and people call me Chief Maximus. I don’t know if you know about the African tradition of royalty. We trace our royalty back to the Queen Sheeba of Israel.’’

Chief Maximus Osuamadi with former Premier Morris Iemma.

To cover up for his criminal activities, Chief Osuamadi ran a string of businesses such as an African grocery store, hair salon, internet cafe, Western Union money transfer franchise and a limousine company but he said many of these businesses have collapsed. The police maintained that all these businesses were a front for his drug business which he used to maintain his flamboyant lifestyle. 

 He was born 49 years ago in Nigeria but was raised in the Vatican where he initially planned to become a priest before he later dropped out. In 1988, he arrived Australia and became a citizen in 1990. 

Police said in the court documents: “It is known to investigators that members of the syndicate and the accused are involved in the supply of methamphetamine and have access to false identification and passports.”

The trial was a lengthy one and the officer who led the covert operation which finally led to the arrest of Chief Maximus and 11 others has been named Policeman of the Year for his work on the gang. He is Drug Squad Detective Senior Constable Vasilios Ferfiris, a veteran of many undercover operations and because of his present and past cases, the police only allowed half of his face to be shown on the cover of Police Monthly when he was given the award in 2013. 

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Meet the richest billionaires in 18 European countries — and how they made their money

Europe's wealthiest people are a bit of a mixture.

There are some that come from old money- centuries-old dynasties - as well as self-made billionaires from pretty much every business sector you can think of.

Different parts of the continent have different stories — from the old money of Western Europe to the plutocrats who've made their fortunes navigating the markets that opened up in the east as the Iron Curtain fell. 

We've used the Forbes rich list the richest people in each European country — ranked from the least wealthy upwards — in some countries, no-one was ranked by Forbes, or there was no picture available of their reclusive top billionaire. 

Romania's richest man, Ioan Niculae, made his money from agriculture and fertiliser businesses in eastern Europe. He was sentenced to two years in prison for reportedly paying a bribe to a political official. NET WORTH: $1.15 billion (£760 million)

ObservatorulNational, Youtube

Lebanese-born art mogul David Nahmad is Monaco’s richest man, and is part of a family of renowned art dealers. In 2013 the Nahmads sold Monet’s ‘Le Palais Contarini’ for $30.8 million at Sotheby’s. NET WORTH: $1.85 billion (£1.22 billion)

TIME

Antti Herlin, Finland's richest man, made his money in an unlikely way — the escalator and elevator business. He's the great-grandson of Harald Herlin, who purchased the KONE engineering company in the 1920s. NET WORTH: $3.6 billion (£2.37 billion)

Wikipedia

Polish plutocrat Jan Kulczyk made his money as the Soviet Union collapsed, having established the only wholesaler able to sell some German cars under the Communist regime. He has compounded his estate with investments in telecoms. NET WORTH: $4 billion (£2.63 billion)

REUTERS/Bartlomiej Barczyk/Agencja Gazeta

Americo Amorim is Portugal's wealthiest man, and made his billions in Corticeira Amorim, the world's biggest cork company, which was set up by his grandfather. He's also got holdings in Angola, a former Portuguese colony, and across Europe. NET WORTH: $4.4 billion ($2.89 billion)

REUTERS/Nacho Doce

Belgium's richest man, Albert Frere, is an investor who got rich on steel in the 1970s, and has dipped into a range of other sectors. He's a baron, but it's a title that was given to him by the King. NET WORTH: $4.9 billion (£3.22 billion)

Pascal Le Segretain/Getty Images

Odd Reitan of Norway made money in groceries and retail, setting up REMA 1000, which is the biggest supermarket chain in the country now. In 2012, he wrote a book imagining that he could be appointed ruler of Norway by the King. NET WORTH: $5.2 billion (£3.42 billion)

Wikipedia

Switzerland-based Ernesto Bertarelli made a mint from the sale of Serono, the pharmaceuticals firm that was founded by his grandfather. His wealth and investments are now largely managed through Waypoint Capital. His wife, Kirsty Bertarelli, is the UK's richest woman. NET WORTH: $8.8 billion (£5.78 billion)

REUTERS/Heino Kalis

Denmark's richest man, Kjeld Kirk Kristiansen, owes his fortune to Lego. He's the grandson of Ole Kirk Christiansen, who founded the toy company, and Kjeld was CEO for a quarter of a century, up to 2004. NET WORTH: $9.7 billion (£6.38 billion)

Kirkbi, Lego

John Fredriksen would be Norway's richest man had he stayed in his nation of birth, but he's now a citizen of Cyprus, and one of the world's most important oil barons. He made a huge amount of money transporting oil during the Iran-Iraq War. NET WORTH: $10.5 billion (£6.90 billion)

Reuters

Red Bull founder Dietrich Mateschitz is Austria's richest man, and still holds nearly half of the shares in the company. If you're struggling with education, don't worry too much — it reportedly took Mateschitz 10 years to finish university. NET WORTH: $10.8 billion (£7.10 billion)

Getty Images

The Netherlands' richest person is Charlene de Carvalho-Heineken, heir to the Heineken brewing company. Her grandfather, Gerard Adriaan Heineken, set the company up in the late 19th century. She sits on the managing board of the firm. NET WORTH: $11.6 billion (£7.62 billion)

Fortune, Youtube

Gerald Cavendish Grosvenor, the Duke of Westminster, is the richest man in the UK. As his title suggests, he's not a self-made man, and his wealth is largely down to his family's land and property empire. NET WORTH: $12.6 billion (£8.28 billion)

REUTERS/Toby Melville

Maria Franca Fissolo and Giovanni Ferrero (below) are Italy's richest pair. The wife and son of the late Michel Ferrero owe their fortunes to Ferrero SpA, the confectionery company that bears their name, and of which Giovanni is CEO. NET WORTH: $23.4 billion (£15.38 billion)

REUTERS/Giorgio Perottino

Sweden's Stefan Persson is the largest shareholder in H&M, the massive European fashion chain. The company was founded by Erling Persson, his father, and his son Karl-Johan Persson is currently the CEO. NET WORTH: $24.5 billion (£16.10 billion)

REUTERS/Jurek Holzer/SvD/Scanpix

Germany's Georg Schaeffler owns 80% of Schaeffler Gruppe — a business that dates back to 1883, when a method of mass-producing ball bearings was developed. His mother, Maria-Elisabeth Schaeffler (below), owns the other 20%. NET WORTH: $26.9 billion (£17.68 billion)

REUTERS/Daniel Karmann

France's Liliane Bettencourt isn't just one of the few women that takes the top spot in her country — she's the richest woman in Europe. She's the biggest individual shareholder of beauty giant L'Oréal, which was set up by her father. NET WORTH: $40.1 billion (£26.36 billion)

REUTERS/Benoit Tessier

Spain's Amancio Ortega is Spain's richest person, and tops the list for Europe, with an absolutely colossal fortune. Unlike many, it's not inherited. He founded retail chain Inditex Zara in the 1970s, having started off as a shirtmaker. NET WORTH: $64.5 billion (£42.39 billion)

Pascal Le Segretain/Getty Images

Now see:

Kirsty Bertarelli/Instagram

Kirsty Bertarelli was named the richest woman in Britain again in 2015.