Category: millennial billionaires

The World’s Billionaires, by Generation


This post is by Dorothy Neufeld from Visual Capitalist


infographic showing the world's billionaires by generation

The World’s Billionaires, by Generation

What similarities do the world’s billionaires share? What are their differences?

At the age of 12, Elon Musk built his first video game. Similarly, Mark Zuckerberg shared an interest in computer programming, building a simple messaging platform at the same age. The co-founder of Oracle, Larry Ellison, developed programming skills at college. All three span different generations and made their fortunes in tech.

In this infographic from BusinessFinancing.co.uk, we explore some characteristics of billionaires across generations, including their average net worth, top sectors, number of children, and most common city of residence.

The World’s Billionaires, by Generation

Using data from Forbes here is how each generation of the world’s billionaires break down.

Silent Generation

  • Born: 1928-1945
  • Average Net Worth: $5.5 billion
  • Most Popular Residence: New York, U.S.

Silent Generation billionaires are the wealthiest on average across generations. With CEO of Berkshire Hathaway Warren Buffett and Zara founder Amancio Ortega among its ranks, Silent Generation billionaires are most likely to be in finance, fashion, and real estate industries.

Top 5Sector%
1
Finance & Investments15.5%
2Fashion & Retail12.4%
3Real Estate9.8%
4Food & Beverage9.0%
5Manufacturing9.0%

Media mogul Rupert Murdoch, who owns The Wall Street Journal, Fox News, and The New York Post, is also part of this group. He has a net worth of $13 billion.

Baby Boomer

  • Born: 1946-1964
  • Average Net Worth: $4.6 billion
  • Most Popular Residence: New York, U.S.

Like the (Read more...)

Ranked: The World’s 25 Richest Millennial Billionaires


This post is by Avery Koop from Visual Capitalist


millennial billionaires

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Ranked: The World’s 25 Richest Millennial Billionaires

There are 2,755 billionaires globally—and combined, they are worth over $13 trillion.

Of these ultra wealthy individuals, just over 100 are millennials, born between the years 1981 and 1996. This young generation represents around 3.8% of all billionaires on a global basis with a combined net worth of $573.1 billion.

This visualization, using data from Forbes, ranks the richest 25 millennial billionaires and details their source of wealth, total net worth, nationality, and age.

Note: Forbes categorized billionaires by current age (2021). For those slightly over or under the age range of Millennials, meaning those who are currently 24 or 40 years old (i.e. they could have been born in either 1996/1997 or 1980/1981), if their birth year could not be accurately determined, they were left out of this ranking.

Who are the Millennial Billionaires?

The oldest millennials will be turning 40 in 2021, while the youngest are just turning 25. This means that millennial billionaires are generally the youngest billionaires in the world, save two (Read more...)