Image via Complex Original
It's been said that most successful entrepreneurs don’t see their first million until they hit the 30. That might have stood true a decade ago, but modern times have shown that anyone with an innovative idea and computer can strike it rich before reaching the big 3-0. Take a look at these 25 young gunners. Some started their million- and billion-dollar enterprises as teenagers, while others found inspiration later in life and focused on their pursuit of monopolizing the tech sector. As we said the last time we did this list: you can either become glum and sad, or you can get inspired and shoot for the stars. From the geniuses behind your favorite smartphone app to online storage kingpins, here are the 25 Richest Tech Entrepreneurs Under 30.
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25. Aodhan Cullen, 29
Company: Statcounter
Net worth: $28 Million (est.)
This tech-savvy Irishman founded his web analytics company at the age of 16. Since 2008, Statcounter has accounted for over 2 million users and 15 billion page views across its three-million-website network. Throw ad revenue into the equation and you have a multi-billion-dollar business run by a multimillionaire.
24. Ryan Allis, 28
Company: iContact
Net worth: $40 Million (est.)
Allis caught the entrepreneurial bug at age 11 and started out with a computer consulting business making just $5 an hour. He then formed his email and social marketing enterprise, iContact, while in college and left school to focus solely on the project. The company was recently acquired by Vocus for $169 million, giving Allis enough guap to step down as President and follow his true aspirations: "My passion is investing in companies in the developing world." The world is yours, homie.
23. David Karp, 26
Company: Tumblr
Net worth: $40 Million (est.)
New York City's brightest high school dropout flipped his earnings from working as a software consultant at UrbanBaby to fund his microblogging empire, which accounts for over 64.7 million blogs and 27.5 billion total posts. Karp's creation continues to serve up some of the Web's most creative and hilarious sites. Take a look at the 100 Best Tumblrs of All Time and see for yourself. Last we heard Tumblr’s appraisal value is estimated at over $800 million.
22. Sean Belnick, 24
Company: Bizchair.com
Net worth: $42 Million (est.)
What would you do with $500 at the age of 14? In Sean Belnick's case, build the foundation for a multi-million dollar business. The youngin' quit selling Pokemon cards on eBay and began investing his bread into an online office furniture store, transforming it into one of the biggest shopping sites on the Net. Organizations like Google, Microsoft, and even the Pentagon hit up Belnick to accommodate their furnished needs. Supreme clientele, that.
21. Alexander Levin, 26
Company: ImageShack
Net worth: $56 Million (est.)
Levin saw the need for storing and sharing images online, so he built the free image hosting service known as ImageShack. Dude applied his knowledge of the advertisement game and integrated a system that placed relevant ads onto photos users viewed. The payoff: an estimated $56 million net worth.
20. Nat Turner, 28
Company: Invite Media
Net worth: $70 Million (est.)
The odds of establishing a successful business during the recession are slim to none. Nat Turner was the only one who thought different: "The best time to start a company is when no one else is, in my opinion. When there's a recession, it means people aren't innovating." His advertising firm, Invite Media, became one of the hottest start-ups in the biz and caught the attention of Google, which brought the online property for $70 million in 2010. Not bad for someone who used to travel the world collecting and selling baseball cards.
19. Peter Cashmore, 26
Company: Mashable
Net worth: $95 Million (est.)
Every writer dreams of creating a blog that flourishes into a digital cash cow and turns them into a Web superstar. Meet the one Brit who made it a reality. Cashmore founded Mashable.com, one of the biggest news sites on the Internet that draws 50+ million monthly page views and has attributed vastly to his massive celebrity following on the social media front. With the site rumored to be valued at over $200 million, could he have a more fitting surname?
18. Matt Mickiewicz, 27
Company: Flippa
Net worth: $100 Million (est.)
Name another tech prodigy in his 20s with three profitable business ventures under their belt. Matt Mickiewicz may be the only person to accomplish such a feat. Ten years ago, he funded SitePoint.com without any venture capital and turned the site into a million-dollar business in no time. From there on, he launched the crowdsourcing logo design service, 99designs, and the online website marketplace known as Flippa.com. Racks on racks on racks.
17. Aaron Levie, 27
Company: Box
Net worth: $100 Million (est.)
It was during his internships at Paramount Pictures and Miramax when Levie stumbled upon the idea to create a file and data-sharing program. Along with partner Dylan Smith, he founded Box—an online storage site for enterprise companies. The business continues to raise millions in financing, recently nabbing $125 million from General Atlantic and several other suitors, pushing its monetary worth up to $1 billion. So in other words, expect Levie’s bank account to surge over the next few months.
16. Ben Silbermann, 29
Comapny: Pinterest
Net worth: $100 Million (est.)
The former Google product designer spread his creative wings and forged the virtual pinboard platform, Pinterest. The five-year-old start-up failed to spark a buzz on the social media front at first, but established a ton of momentum over the past year by drawing over 31.9 million global users. Now that the company boasts a $1.5 billion valuation, Silbermann should rank higher on next year's list.
15. Mike Krieger, 25
Age/Company: Instagram
Net worth: $100 Million (est.)
Along with fellow Stanford graduate and co-founder, Kevin Systrom, the Brazilian entrepreneur would forever change the photo-sharing game with the duo's filter-heavy smartphone app. Krieger brought his design & development talents to the start-up and played a vital role in the company's success, making Instagram the biggest and most profitable mobile app ever created. Needless to say, Facebook’s billion-dollar buyout made both men filthy rich.
14. Blake Ross, 27
Company: Mozilla Firefox
Net worth: $150 Million (est.)
Mozilla’s Firefox co-creator is another college dropout who banked on his skills and became one of the industry’s most praised tech figures. In 2004, Ross became a millionaire at 19 years old after his Firefox web browser racked up over 100 million downloads in less than a year. The software genius currently works as the Director of Product at Facebook, where he’s sure to cash in a seven-figure salary these days.
13. Tim O'Shaughnessy, 30
Company: LivingSocial
Net worth: $180 Million (est.)
CEO Tim O'Shaughnessy saw an opportunity to make money on the daily deals trend and reaped the benefits with his online discount company, LivingSocial. Groupon’s IPO failure has helped O'Shaughnessy’s business expand and raise $600 million in venture capital, increasing LivingSocial’s value to nearly $3 billion. Yeah, that’ll put $180 mill in the bank account.
12. Matt Mullenweg, 28
Company: Wordpress
Net worth: $250 million
If there was a Mount Rushmore for tech visionaries who revolutionized the way we used the Internet, Mullenweg would have top billing. The Texas native quit his 9-to-5 at CNET and went on to create Automattic, the company behind the world’s largest blogging service: Wordpress. AllThingsD reports the service “powers over 70 million sites” and is expected to “bring in $45 million in revenue this year.”
11. Pavel Durov, 27
Company: Vkontakte
Net worth: $260 Million (est.)
Dubbed the Mark Zuckerberg of Russia, Durov operates his own social networking site called VK, which accounts for over 100 million users and has supposedly taken a large portion of the Russian-speaking audience from Facebook. The guy is so caked up he spends his free time throwing paper planes made from rubles out the window of his central office in St. Petersberg. He claimed the reason for doing so was to create a festive atmosphere in the city. Shot caller.
10. Gurbaksh Chahal, 30
Company: RadiumOne
Net worth: $300 Million (est.)
At 25, Chahal collected $340 million from selling his two advertising companies: ClickAgents and BlueLithium. Now he’s moved forward with his third ad company, RadiumOne, focusing on real-time advertising in hopes of continuing his multi-million-dollar buyout streak. The company pulled together $21 million in financing in 2011 and is billed to be worth over $200 million at the moment. Who knows what he'll do in his 30s.
9. Daniel Ek, 29
Company: Spotify
Net worth: $310 Million (est.)
Ek has an entrepreneurial resume that spans back to 1997, when he was 14 years old. He's served as CEO for BitTorrent giant, µTorrent, then linked up with co-founder of Trade Doubler Martin Lorentzon to build the popular music streaming service, Spotify. Scoring $15 million in funding from Napster co-founder, Sean Parker, and landing a partnership with Facebook, the company’s rumored to be worth $4 billion.
8. Arash Ferdowsi, 26
Company: Dropbox
Net worth: $400 Million (est.)
What began as a simple college project between co-founders Arash Ferdowsi and Drew Houston is nearly billion-dollar business. The youthful CTO dropped out of college and fully committed to the start-up, helping Dropbox secure 45 million users in less than four years. As the company continues to grow in popularity, so does Ferdowsi’s wealth.
7. Drew Houston, 29
Company: Dropbox
Net worth: $600 Million (est.)
Word on the street is the Dropbox CEO came up with the concept for the company after constantly forgetting his USB drive as an MIT student. Makes you wonder what might have been conceived had he left his cell or laptop on the regular. Anyways, the online backup and storage service has made him a primetime industry player. When your company carries heavyweight investors like Bono and Edge, money ain’t a thing.
6. Kevin Systrom, 27
Company: Instagram
Net worth: $470 Million (est.)
Instagram's slightly capo is living large after selling his two-year start-up to Facebook for $1 billion. Playing it smart, the CEO reportedly kept 40 percent of the company and walked away with a cool $400 million, not including the extra $40 million he earned when trading started at $38 a share. Insta-rich.
5. Adam D'Angelo, 27
Companies: Facebook & Quora
Net worth: $680 Million (est.)
It’s amazing what 0.8 percent of Facebook ownership will get you. Just ask former CTO Adam D’Angelo. Even though the tech whiz’s contributions helped propel the social media site to become the largest communication platform in the world, the Facebook alum grew tired of the company and left to form his own start-up: the question-and-answer website Quora. You can argue he's still eating off of Mark Zuckerberg’s plate, but D’Angelo’s venture has raised millions and is valued at over $400 million right now. Self made, for real.
4. Chris Hughes, 28
Company: Facebook
Net worth: $935 Million (est.)
Chris Hughes was labeled “the Empath” by Facebook insiders because of his “ability to understand people,” and served as the company’s first official spokesperson until 2007. His people skills made him a fixture at the company and scored him a position as lead online organizer for Barack Obama's 2008 presidential campaign. Oh yeah, he also serves as the fourth co-founder alongside Harvard roomies Mark Zuckerberg, Dustin Moskovitz, and Eduardo Saverin. His one percent Facebook stake alone has is valued at $850 million.
3. Eduardo Saverin, 30
Company: Facebook
Net worth: $2.7 Billion (est.)
Mark Zuckerberg's frenemy once held a one-third stake in Facebook. But as we all now know, disagreements between Saverin and Zuck forced the CEO to dilute his 34.4 percent share, resulting in a lawsuit and settlement that awarded Saverin a five percent stake and co-founder credit. The Brazilian-bred entrepreneur went on to renounce his US citizenship and moved to Singapore to avoid capital gains taxes on his Facebook shares. Smart move.
2. Dustin Moskovitz, 28
Company: Facebook, Asana
Net worth: $5.1 Billion (est.)
It’s no surprise the youngest U.S. billionaire comes from the Facebook camp. But contrary to the public’s belief, we’re not talking about Time magazine’s former Man of the Year. Co-founder and former CTO Dustin Moskovitz holds the title. Born eight days prior to the CEO, Moskovitz holds a 7.6 percent share in Facebook and left to create his start-up Asana: a web and mobile application that brings people together in one place to communicate and work on projects. His golden touch has yet to fade, however, with Asana already grabbing $38 million in funding and investors estimating its value at $280 million.
1. Mark Zuckerberg, 28
Company: Facebook
Net worth: $10.1 Billion (est.)
Our generation’s most successful tech entrepreneur launched The Facebook from his college dorm in 2004 and the rest was history. It's the world’s largest social media site and features over 955 million active users to date. OK, so the Zuck might have recently lost 9 billion after taking his company public, but with 503.6 million shares and a $104 billion evaluation, the high-profile CEO is still swimming in greenbacks like Scrooge McDuck.