The Forbes magazine released the list of America’s richest entrepreneurs under the age of 40. Facebook founder and CEO Mark Zuckerberg topped the list. Two businessmen of the Indian origin have also made it to the list. A former hedge fund manager Vivek Ramaswamy was ranked at 33rd position. 30 year old Ramaswamy has wealth of $500 million which he earned through investments, said Forbes. Apoorva Mehta, 29, founder and CEO of Instacard made it to 40th spot in the list. He runs online grocery delivery service and has wealth of $400 million.
Zuckerberg has net wealth of $47.1 billion which is four times greater than the runner up in the list. Facebook’s cofounder Dustin Moskovitz came second in the list followed by WhatsApp creator Jan Koum. Jan Koum came to the US at the age of 16 and launched cross platform messenger service WhatsApp in 2009. Koum sold WhatsApp to Facebook for $22 billion in form of cash and stocks.
Forbes noted that the California based youngsters are dominating the list of 40 most successful young businessmen. The business magazine noted, “Reaffirming the American Dream and proving yet again that there is no better way right now to get rich fast than to go west and convince venture investors to back your most ambitious ideas.”
Women are underrepresented in the list. Theranos founder Elizabeth Holmes is the only woman in the list. She dropped out of Stanford University at the age of 19 to start her own blood testing company.