This year, there were two paths to making it onto The Forbes 400 before your 40th birthday: Start a successful tech company, or inherit a fortune from your family.

The 14 youngest billionaires on The Forbes 400 are a rarefied group, making up just 3.5% of list. Nine of these 14 folks under 40 are tech entrepreneurs; the rest inherited their fortunes. After two years of expanding ranks in the under-40 set, the number of young billionaires on The Forbes 400 dropped by three this year (more on that below). Half of the group lives in California, and together these young billionaires are worth a combined $113.7 billion.

The youngest member of The Forbes 400 for the second year in a row is 26-year-old Snap Inc. (formerly Snapchat) CEO Evan Spiegel, who is one of just two Forbes 400 members under the age of 30. (The other is his cofounder Bobby Murphy, who is 28.) In May 2016, Snapchat completed a $1.8 billion funding round, valuing the mobile messaging startup at $18 billion. On September 23, Spiegel announced that Snapchat would be rebranding as Snap Inc, to signal its move beyond social media into hardware. The company released a pair of $130 video-recording sunglasses, a hipper version of the unsuccessful Google Glass.

The richest member of the under-40′s on The Forbes 400 is also the 4th richest person in the country: 32-year-old Facebook CEO Mark Zuckerberg. With a fortune of $55.5 billion, he’s worth almost half of the young crowd’s combined $113.7 billion. Zuckerberg debuted on The Forbes 400 in 2008 as the list’s youngest member with a $1.5 billion fortune. Since then, his social media giant has gone public, weathered a rocky post-IPO period and seen its stock rise more than 230% as the company became a global social media powerhouse. Zuckerberg is now starting to make a name for himself as a philanthropist, mentored by one of the oldest and most influential billionaires on The Forbes 400, Bill Gates. In December 2015, Zuckerberg and his wife Priscilla Chan pledged to donate 99% of their Facebook shares to “advance human potential” over their lifetime and created the Chan Zuckerberg Initiative as a vehicle for those gifts. In September 2016, Zuckerberg announced that he would be giving $3 billion by the end of the decade with the ambitious goal of curing or managing all disease by the end of the century.


http://www.certifiednaija.com/2016/10/the-youngest-billionaires-on-forbes-400.html

Okay

Then, there's the other class.

Those who stylishly beggared their country-men and ate the wealth and sustainability potentials of generations yet unborn like the Tinubus, the Atikus, Amaechi's, the Abachas, Babangidas and all other such god-forsaken apes!