by Steven Borden-Weill, IT World

Tech’s Youngest Billionaires

News
Apr 4, 2011
FacebookInternetSalaries

The youngest billionaires in technology run the gamut from a social networking entrepreneur to the creator of the online coupon company, groupon.com.

The nine youngest billionaires in technology run the gamut from a social networking entrepreneur to the creator of the online coupon company, groupon.com. There is one common link between them all though, their fortune started via theIinternet and continues to grow by the same means. Of course, these are just a few of the world’s billionaires, visit Forbes.com for the complete list.

Think you know them all? Let’s find out.

9. Eric Lefkofsky

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Worth: 1.6 billion

Source: Technology/self-made

Age: 41

Background Info: Chicago investor is cofounder and 30% owner of Groupon, which provides its many customers with exclusive deals to be found across the country. Lefkofsky met the founder of Groupon, Andrew Mason at InnerWorkings, a firm where Mason worked after college. Lefkofsky was a founder of the the firm itself.

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7. Eduardo Saverin

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Worth: 1.6 billion

Source: Facebook

Age: 28

Background Info: For a brief time he had control of one third of facebook, which then fell to 30% when Zuckerberg’s roommate, Dustin Moskovitz, joined. When the others dropped out of school to relocate to California, Saverin stayed behind. A year later Facebook sued him for allegedly interfering with business and insisting on keeping a 30% stake; Saverin countersued. The parties settled, with Saverin apparently getting a 5% stake and a co-founder bio on Facebook’s site.

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2. Sergey Brin

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Worth: 19.8 billion

Source: Google

Age: 37

Background Info: Google cofounder Sergey Brin saw company stock rise 18% over the past year as Google maintained nearly two-thirds of the market for online search. Expanding influence in mobile sector by giving away its Android operating software to phone makers. Brin focuses on raising margins with Instant Search and building new businesses in communications.

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1. Larry Page

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Worth: 19.8 billion

Source: Google

Age: 37

Background Info: Google has control of two-thirds of the market, and its influence keeps expanding as adoption of its Android mobile phone operating system soars. The stock is up 18% over the past year. A new age starts for the company in April when co-founder Larry Page takes over as the search giant’s chief executive officer, replacing Eric Schmidt, who will become chairman.

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