Who Are The 10 Rising Tech Millionaires Of 2024?
In 2024, a new wave of tech entrepreneurs is making headlines with groundbreaking innovations. Meet the 10 rising tech millionaires you need to know.
Author:Alex MercerReviewer:Nathanial BlackwoodOct 22, 2024540 Shares54K Views
The world of technology is evolving faster than ever, and with it, a new generation of tech entrepreneurs is rising to the forefront. These innovative minds have redefined industries, from social media to e-commerce, and continue to shape the future of how we live and work. As they build empires around cutting-edge technologies, they not only accumulate wealth but also drive global change.
This article takes a closer look at the top tech billionaires, highlighting both established leaders and rising stars. From the creators of iconic platforms to pioneers in AI and cryptocurrency, these individuals are at the helm of the most influential companies today. Their journeys offer insights into the impact of technology on the global economy and inspire the next wave of innovators.
1. Alexandr Wang – $1 Billion, Age 26, United States
Alexandr Wang, the CEO and co-founder of Scale AI, has emerged as one of the most influential figures in artificial intelligence. Scale AI specializes in data labeling for AI, helping companies like Toyota and the U.S. Air Force enhance their machine learning models. Wang dropped out of MIT at the age of 19 to focus on his startup, which quickly gained traction and received significant venture capital backing. Scale AI is now valued at over $7 billion, and Wang's net worth has grown to $1 billion as he leads the charge in the AI revolution.
2. Lucy Guo – $440 Million, Age 28, United States
Lucy Guo, cofounder of Scale AI and founder of Backend.ai, is a visionary in artificial intelligence and backend infrastructure. After leaving Scale AI, Guo founded Backend.ai to simplify AI infrastructure for developers. Her career exemplifies innovation and technical expertise, leading her to raise millions in venture funding. With a net worth of approximately $440 million, Lucy Guo stands as one of the most promising rising tech millionaires.
3. Henrique Dubugras – $1.5 Billion, Age 27, Brazil
Henrique Dubugras is the cofounder of Brex, a fintech company providing financial services and corporate credit cards tailored for startups. His understanding of the needs of tech startups led Brex to a valuation exceeding $12 billion in 2021. With a personal net worth of $1.5 billion, Henrique Dubugras is a key figure in fintech innovation and one of the top rising tech millionaires to watch.
4. Roham Gharegozlou – $700 Million, Age 35, Canada
Roham Gharegozlou is the CEO of Dapper Labs, the company behind the popular NFT platform NBA Top Shot. Dapper Labs also created the Flow blockchain, which is revolutionizing the way digital assets are managed and traded. Roham’s vision for blockchain and NFTs has placed him at the forefront of the tech world, and his company has garnered significant investment from industry leaders. His net worth stands at around $700 million.
5. Melanie Perkins – $6.5 Billion, Age 36, Australia
Melanie Perkins is the cofounder of Canva, a graphic design platform that makes design accessible to non-professionals. With Canva’s easy-to-use tools, users can create stunning designs without requiring extensive experience. Perkins has grown Canva into a global powerhouse, now valued at over $40 billion, and her personal net worth has reached $6.5 billion.
Her journey is a perfect example of how creative solutions can empower individuals, much like the approach taken by first-time homebuyersnavigating the complexities of the property market. Just as Perkins simplified design, others in tech are creating platforms to simplify various aspects of life.
6. David Vélez – $5.2 Billion, Age 42, Colombia
David Vélez is the cofounder of Nubank, a Brazilian digital bank that has disrupted traditional banking in Latin America. Offering no-fee banking services, Nubank has attracted over 40 million customers. Under Vélez’s leadership, Nubank is valued at over $25 billion, and his personal net worth has grown to $5.2 billion. His innovative approach to fintech continues to reshape the financial landscape in Latin America.
7. Shan-Lyn Ma – $350 Million, Age 40, United States
Shan-Lyn Ma, the CEO and cofounder of Zola, has revolutionized the wedding industry with her all-in-one platform that simplifies wedding planning. From invitations to registries, Zola offers couples a streamlined approach to managing their big day. Ma’s vision has resonated with millions, and Zola is now valued at over $600 million. Shan-Lyn Ma’s personal net worth is estimated at $350 million.
8. Apoorva Mehta – $3.5 Billion, Age 37, United States
Apoorva Mehta founded Instacart, a grocery delivery service that soared in popularity during the COVID-19 pandemic. His foresight in creating a convenient, scalable platform for grocery delivery has positioned Instacart as a household name, with a valuation of over $39 billion. Mehta's net worth stands at $3.5 billion as his company continues to shape the future of the grocery industry.
9. Dylan Field – $2 Billion, Age 31, United States
Dylan Field is the CEO and co-founder of Figma, a cloud-based collaborative design tool that allows teams to work together on digital projects in real time. Field’s innovative approach to design software has attracted millions of users, making Figma one of the leading design tools in the industry. With a valuation of over $10 billion, Field’s personal net worth has risen to $2 billion, cementing his status as a key player in design technology.
10. Kathryn Minshew – $50 Million, Age 37, United States
Kathryn Minshew is the cofounder of The Muse, a career development platform designed to help professionals navigate their careers. Offering job listings, career advice, and company insights, The Muse has become an invaluable resource for millions of job seekers. Minshew’s innovative approach to career development has earned her a net worth of approximately $50 million, establishing her as a significant figure in the tech and career services industries.
100 Richest Billionaires In Technology Industry
The tech industry has produced some of the wealthiest individuals on the planet. These tech billionaires have made their fortunes by creating groundbreaking technologies that have reshaped industries and changed how we live. Below is a list of the 100 richest billionaires in the technology industry, in order of their wealth.
1. Elon Musk – $240 Billion, Age 52, United States
Elon Musk, the visionary behind Tesla, SpaceX, and Neuralink, continues to lead the charge in multiple industries. Known for his drive to make humanity a multi-planetary species through SpaceX and for revolutionizing the electric vehicle industry with Tesla, Musk’s ambitious projects also include Neuralink, which aims to merge the human brain with AI. With a net worth of $240 billion, Musk is the wealthiest tech billionaire in the world.
2. Jeff Bezos – $152 Billion, Age 59, United States
Jeff Bezos founded Amazon in 1994 and grew it into the world’s largest online retailer, transforming global commerce forever. From e-commerce and cloud computing to his space exploration venture, Blue Origin, Bezos has a strong influence across multiple industries. Though he stepped down as CEO of Amazon, Bezos remains its largest shareholder, contributing to his $152 billion net worth.
3. Bill Gates – $114 Billion, Age 68, United States
Co-founder of Microsoft, Bill Gates played a pivotal role in the personal computing revolution. Although Gates has shifted his focus to global philanthropy through the Bill & Melinda Gates Foundation, his continued investments in tech and healthcare ensure that his influence remains strong. Rory John Gates, his son, also attracts attention due to the family’s legacy and wealth, though he maintains a more private lifestyle. With a net worth of $114 billion, Gates is a consistent figure among the wealthiest individuals globally.
4. Larry Page – $98.8 Billion, Age 50, United States
Larry Page co-founded Google alongside Sergey Brin in 1998, changing the internet forever by creating the most widely used search engine. Page’s contributions to Google’s growth into Alphabet, its parent company, also extend to innovations in artificial intelligence and self-driving cars through Waymo. His net worth of $98.8 billion reflects his lasting impact on technology and global connectivity.
5. Sergey Brin – $94.2 Billion, Age 50, United States
Sergey Brin co-founded Google with Larry Page and served as its president under Alphabet, Google’s parent company. Brin has played a key role in the development of Google’s search algorithms, AI initiatives, and other groundbreaking technologies. With a net worth of $94.2 billion, Brin continues to be a major figure in shaping the future of technology.
6. Larry Ellison – $93.6 Billion, Age 79, United States
Larry Ellison is the co-founder and CEO of Oracle, one of the largest enterprise software companies in the world. Known for his aggressive acquisition strategy, Ellison has turned Oracle into a tech powerhouse that provides cloud services and database management solutions to businesses globally. His net worth of $93.6 billion cements him as one of the wealthiest figures in enterprise technology.
7. Mark Zuckerberg – $69.1 Billion, Age 39, United States
Mark Zuckerberg is the co-founder and CEO of Meta (formerly Facebook). Since its launch in 2004, Facebook has grown into one of the largest social media platforms, with billions of users worldwide. Zuckerberg is now pushing the development of the Metaverse, an immersive virtual world. With a net worth of $69.1 billion, Zuckerberg remains a key player in the evolution of social networking and digital communication.
8. Steve Ballmer – $68.7 Billion, Age 67, United States
Steve Ballmer, the former CEO of Microsoft, played a significant role in expanding the company’s software and enterprise offerings during his tenure. After retiring from Microsoft, Ballmer purchased the Los Angeles Clippers NBA team. His continued investments in tech and sports have contributed to his impressive net worth of $68.7 billion.
9. Zhang Yiming – $45 Billion, Age 40, China
Zhang Yiming is the founder of ByteDance, the company behind TikTok, one of the fastest-growing social media platforms globally. ByteDance has also developed other popular apps in China, making it a leader in AI-driven content recommendation. Zhang’s innovative approach to content distribution and his vision for ByteDance have earned him a net worth of $45 billion.
10. Ma Huateng – $38.1 Billion, Age 52, China
Ma Huateng, also known as Pony Ma, is the co-founder and CEO of Tencent, a tech conglomerate specializing in social media, gaming, and digital payments. Tencent's WeChat is one of the most used messaging apps in China, and its gaming arm is responsible for popular games like "Honor of Kings." With a net worth of $38.1 billion, Ma is one of China’s most influential tech billionaires.
11. Colin Huang – $35.4 Billion, Age 43, China
Colin Huang is the founder of Pinduoduo, an e-commerce platform that combines social shopping with significant discounts. Pinduoduo’s rapid rise in China’s competitive online shopping market has made it one of the largest e-commerce platforms. Huang’s innovative business model and growth strategy have contributed to his $35.4 billion net worth.
12. William Lei Ding – $24.6 Billion, Age 52, China
William Lei Ding is the founder and CEO of NetEase, a Chinese internet company specializing in gaming, e-commerce, and education. NetEase is one of China’s largest online game developers, and its success in expanding internationally has propelled Ding’s wealth to $24.6 billion, making him one of the wealthiest figures in the gaming industry.
13. Michael Dell – $23.3 Billion, Age 58, United States
Michael Dell is the founder and CEO of Dell Technologies, a leader in computer hardware, cloud computing, and enterprise solutions. Dell’s ability to adapt his company to evolving tech trends, particularly in enterprise IT, has kept him among the world’s richest tech billionaires with a net worth of $23.3 billion.
14. Shiv Nadar – $28.3 Billion, Age 78, India
Shiv Nadar is the founder of HCL Technologies, a global IT services company. Under his leadership, HCL grew from a hardware company to one of the largest IT services firms in the world, serving clients in industries ranging from healthcare to defense. Nadar’s net worth of $28.3 billion reflects his impact on the IT industry and his continued philanthropy in education.
15. Reed Hastings – $5.6 Billion, Age 63, United States
Reed Hastings is the co-founder and CEO of Netflix, a streaming platform that revolutionized the way people consume media. Hastings’ foresight in shifting Netflix from DVD rentals to streaming content has made the company a household name worldwide. With a net worth of $5.6 billion, Hastings continues to shape the entertainment industry.
16. Jensen Huang – $24 Billion, Age 60, United States
Jensen Huang is the co-founder and CEO of Nvidia, a company known for pioneering GPU (Graphics Processing Unit) technology. Nvidia’s GPUs are not only vital for gaming but have also become essential for artificial intelligence and machine learning applications. Huang’s innovation in hardware and AI has led to a net worth of $24 billion.
17. Eric Schmidt – $22.8 Billion, Age 68, United States
Eric Schmidt served as the CEO of Google, overseeing its rapid growth and the launch of many core products, including Gmail and Google Maps. Schmidt’s leadership helped turn Google into one of the largest tech companies in the world. His ongoing investments in AI and other emerging technologies have helped grow his fortune to $22.8 billion.
18. Patrick Collison – $9.5 Billion, Age 35, Ireland
Patrick Collison is the co-founder and CEO of Stripe, a fintech company that simplifies online payments for businesses. Stripe has grown into one of the most valuable fintech startups, and its technology powers e-commerce for companies around the world. Collison’s role in reshaping digital payments has earned him a net worth of $9.5 billion.
19. John Collison – $9.5 Billion, Age 33, Ireland
John Collison, co-founder and president of Stripe, alongside his brother Patrick, has built one of the most successful online payment platforms in the world. Stripe’s easy-to-integrate payment solutions have made it a favorite among tech startups and large enterprises alike. John’s contributions to the growth of Stripe have contributed to his $9.5 billion net worth.
20. Dustin Moskovitz – $12.4 Billion, Age 39, United States
Dustin Moskovitz is a co-founder of Facebook and the current CEO of Asana, a software company that helps teams manage projects and collaborate efficiently. Moskovitz's early role in building Facebook and his success with Asana have earned him a net worth of $12.4 billion.
21. Jack Dorsey – $7 Billion, Age 47, United States
Jack Dorsey is the co-founder of Twitter, one of the most influential social media platforms in the world. He also co-founded Block (formerly Square), a fintech company that offers payment processing solutions to businesses. Dorsey’s work in social media and financial technology has transformed the way people communicate and conduct transactions. His combined ventures have contributed to his $7 billion net worth.
22. Pierre Omidyar – $12 Billion, Age 56, United States
Pierre Omidyar is the founder of eBay, the online auction platform that revolutionized e-commerce in the late 1990s. After stepping back from day-to-day operations, Omidyar focused on philanthropy and media ventures. His forward-thinking approach to online marketplaces has earned him a net worth of $12 billion.
23. Daniel Ek – $4 Billion, Age 40, Sweden
Daniel Ek is the co-founder and CEO of Spotify, a music streaming platform that has disrupted the traditional music industry by offering users access to millions of songs for free or via subscription. Spotify's ability to scale globally and dominate the music streaming space has contributed to Ek’s $4 billion net worth.
24. David Filo – $3.8 Billion, Age 57, United States
David Filo co-founded Yahoo, one of the first major web portals in the 1990s. While Yahoo has since declined in prominence, Filo’s early contributions to the internet’s development and his remaining stakes in the company have led to his net worth of $3.8 billion.
25. Scott Farquhar – $18 Billion, Age 43, Australia
Scott Farquhar is the co-founder of Atlassian, a software company that provides project management and collaboration tools, such as Jira and Confluence, for tech teams and businesses. His ability to grow Atlassian into a global software leader has helped him achieve a net worth of $18 billion.
26. Mike Cannon-Brookes – $18 Billion, Age 43, Australia
Mike Cannon-Brookes, co-founder and co-CEO of Atlassian alongside Scott Farquhar, has played an instrumental role in transforming the company into a global enterprise software powerhouse. Atlassian's success has made Cannon-Brookes one of Australia's richest individuals with a net worth of $18 billion.
27. Kavitark Ram Shriram – $2.3 Billion, Age 66, United States
Kavitark Ram Shriram was an early investor in Google, making one of the most profitable investments in tech history. He has since diversified his portfolio, investing in a variety of tech startups. Shriram’s deep connections in Silicon Valley and his early involvement in Google have resulted in a net worth of $2.3 billion.
28. Eduardo Saverin – $14 Billion, Age 41, Brazil
Eduardo Saverin is one of the co-founders of Facebook, playing a key role in its early financial backing. After a falling out with Mark Zuckerberg, Saverin settled with the company and shifted his focus to venture capital, particularly in Southeast Asia. His early stake in Facebook has significantly contributed to his $14 billion net worth.
29. Sean Parker – $2.8 Billion, Age 44, United States
Sean Parker is a tech entrepreneurwho co-founded Napster, the music-sharing platform that changed the way people consumed music. He also served as the first president of Facebook, helping to guide its early development. Parker’s work in reshaping both the music and social media industries has resulted in a net worth of $2.8 billion.
30. Cheng Wei – $1.4 Billion, Age 40, China
Cheng Wei is the founder and CEO of Didi Chuxing, China’s largest ride-hailing service. Didi successfully outcompeted Uber in China, becoming the dominant player in the market. Cheng’s vision for expanding Didi’s services and his strategic approach to the transportation industry have earned him a net worth of $1.4 billion.
31. Zhou Hongyi – $10 Billion, Age 53, China
Zhou Hongyi is the co-founder and CEO of 360 Security, a company that offers internet security solutions to individuals and businesses. His work in the cybersecurity space has made him one of the leading figures in China’s tech industry, contributing to his $10 billion net worth.
32. Li Xiting – $24.2 Billion, Age 72, China
Li Xiting is the founder of Mindray, a medical device company that provides healthcare solutions in over 190 countries. Mindray is a global leader in medical equipment and diagnostics. Li’s impact on healthcare and his company’s expansion have resulted in his impressive $24.2 billion net worth.
33. Ren Zhengfei – $2 Billion, Age 78, China
Ren Zhengfei is the founder of Huawei, one of the world’s largest telecommunications and smartphone manufacturers. Despite facing challenges in international markets, Huawei remains a dominant player in 5G technology. Ren’s leadership has made Huawei a global giant and earned him a net worth of $2 billion.
34. Tony Zhang – $17 Billion, Age 47, China
Tony Zhang is a co-founder of ByteDance, the company behind TikTok. ByteDance’s innovative content recommendation algorithms have set the company apart, and Zhang’s contributions to its success have helped him amass a $17 billion fortune.
35. Zhou Yahui – $10 Billion, Age 46, China
Zhou Yahui is the founder of Kunlun Tech, a Chinese internet company with investments in gaming, mobile apps, and AI. His strategic investments in emerging technologies have helped grow his wealth to $10 billion.
36. Eric Yuan – $8.2 Billion, Age 53, United States
Eric Yuan is the founder and CEO of Zoom, a video conferencing platform that became a household name during the COVID-19 pandemic. Zoom’s widespread adoption for remote work and education helped propel Yuan’s net worth to $8.2 billion, solidifying his status as a tech leader.
37. Kris Marszalek – $3 Billion, Age 48, Hong Kong
Kris Marszalek is the co-founder and CEO of Crypto.com, a leading cryptocurrency platform that offers a wide range of services, including trading, lending, and staking. Marszalek’s push to make cryptocurrencies more accessible has contributed to his $3 billion net worth.
38. Brian Armstrong – $2.9 Billion, Age 41, United States
Brian Armstrong is the co-founder and CEO of Coinbase, the largest cryptocurrency exchange in the United States. Armstrong’s leadership in navigating the regulatory environment of digital currencies has helped Coinbase grow rapidly, and his role in the rise of cryptocurrencies has earned him a net worth of $2.9 billion.
39. Marc Benioff – $10 Billion, Age 59, United States
Marc Benioff is the co-founder and CEO of Salesforce, a company that pioneered cloud-based customer relationship management (CRM) software. Salesforce is a leader in enterprise solutions, and Benioff’s visionary leadership has helped him amass a $10 billion fortune.
40. Charles Ergen – $8.2 Billion, Age 70, United States
Charles Ergen is the founder of DISH Network, a direct-broadcast satellite television provider. DISH has expanded into wireless communications and broadband services, solidifying Ergen’s influence in the tech and telecom industries. His ventures have earned him a net worth of $8.2 billion.
41. Robert Pera – $14 Billion, Age 45, United States
Robert Pera is the founder and CEO of Ubiquiti Networks, a global leader in wireless networking technology. Pera’s company provides innovative solutions for internet connectivity in underserved markets, and his success in the telecom sector has contributed to his $14 billion net worth.
42. Diane Greene – $2 Billion, Age 68, United States
Diane Greene co-founded VMware, a pioneer in virtualization technology, which revolutionized how servers operate. Greene later served as the head of Google Cloud, further solidifying her influence in the tech industry. Her career in cloud computing and virtualization has earned her a $2 billion net worth.
43. David Sun – $3.3 Billion, Age 71, United States
David Sun is the co-founder of Kingston Technology, a global leader in memory products and storage solutions. Under Sun’s leadership, Kingston has grown to dominate the market for flash memory and other electronic storage products. His success in hardware manufacturing has contributed to his $3.3 billion net worth.
44. John Tu – $3.3 Billion, Age 82, United States
John Tu is the co-founder of Kingston Technology alongside David Sun. Tu’s innovation in creating high-performance memory products for computers and other devices has kept Kingston at the forefront of the tech industry for decades. His wealth stands at $3.3 billion.
45. Jeff Lawson – $5 Billion, Age 45, United States
Jeff Lawson is the co-founder and CEO of Twilio, a cloud communications platform that enables developers to build voice, video, and messaging applications. Twilio’s services are used by millions of businesses worldwide, and Lawson’s role in reshaping digital communications has earned him a net worth of $5 billion.
46. Whitney Wolfe Herd – $1.3 Billion, Age 34, United States
Whitney Wolfe Herd is the founder and CEO of Bumble, a dating app that empowers women to make the first move. Herd has expanded Bumble’s platform to include social networking and business networking features. Her entrepreneurial success has resulted in a net worth of $1.3 billion.
47. Zhou Qunfei – $6 Billion, Age 53, China
Zhou Qunfei is the founder of Lens Technology, a company that supplies touchscreens and glass components for smartphones and tablets. Her clients include tech giants like Apple and Samsung. Zhou’s innovation in display technology has earned her a net worth of $6 billion, making her one of the richest self-made women in tech.
48. Lin Bin – $5.2 Billion, Age 54, China
Lin Bin is the co-founder of Xiaomi, a tech giant known for its affordable smartphones, smart home products, and consumer electronics. Lin’s strategic leadership in expanding Xiaomi’s global footprint, particularly in emerging markets, has helped the company become one of the largest smartphone manufacturers in the world. His net worth of $5.2 billion reflects his success in making innovative technology more accessible.
49. Lei Jun – $14 Billion, Age 54, China
Lei Jun, co-founder and CEO of Xiaomi, has played a key role in revolutionizing the consumer electronics market, particularly with affordable smartphones and smart devices. His entrepreneurial vision helped Xiaomi rise to global prominence, and the company’s success in the international market has significantly contributed to Lei’s $14 billion net worth.
50. Drew Houston – $2 Billion, Age 40, United States
Drew Houston is the co-founder and CEO of Dropbox, a cloud storage and file-sharing platform that has transformed the way individuals and businesses manage their files. Dropbox’s success in making cloud storage user-friendly has helped it become a global leader in the space. Houston’s role in shaping the cloud industry has earned him a net worth of $2 billion.
51. Sergei Anikin – $1.4 Billion, Age 40, Estonia
Sergei Anikin is the co-founder of Bolt, a European ride-hailing and mobility service that competes with global giants like Uber. Bolt’s expansion into multiple markets, including ride-hailing, food delivery, and micro-mobility, has made it a key player in the sharing economy. Anikin’s innovative approach to urban mobility has helped him amass a net worth of $1.4 billion.
52. Nikolay Storonsky – $7.1 Billion, Age 39, United Kingdom
Nikolay Storonsky is the co-founder and CEO of Revolut, a fintech company offering digital banking services, cryptocurrency trading, and international money transfers. Revolut’s rapid growth in Europe and expansion into new markets has made it a dominant player in the financial technology space. Storonsky’s net worth of $7.1 billion reflects his leadership in reshaping the future of banking.
53. Joe Gebbia – $10 Billion, Age 39, United States
Joe Gebbia is a co-founder of Airbnb, the platform that revolutionized the travel and hospitality industry by allowing people to rent out their homes and spare rooms. Airbnb’s innovative business model transformed how people book accommodations globally. Gebbia’s contributions to making travel more accessible have resulted in his net worth of $10 billion.
54. Brian Chesky – $10 Billion, Age 39, United States
Brian Chesky, co-founder and CEO of Airbnb, played a crucial role in disrupting the traditional hotel industry by creating a platform for home-sharing. His leadership in expanding Airbnb’s services worldwide and his focus on building a strong community of hosts and guests have earned him a $10 billion net worth, making him one of the leading tech entrepreneurs in hospitality.
55. Reed Hastings – $6 Billion, Age 60, United States
Reed Hastings is the co-founder and CEO of Netflix, a streaming giant that has transformed the entertainment industry. Under his leadership, Netflix grew from a DVD rental service to the world’s leading streaming platform. Hastings’ ability to foresee the shift to digital streaming has earned him a net worth of $6 billion.
56. Daniel Zhang – $5.2 Billion, Age 49, China
Daniel Zhang is the CEO of Alibaba Group, one of the world’s largest e-commerce and cloud computing companies. Zhang’s leadership in driving Alibaba’s expansion into cloud services, artificial intelligence, and digital payments has helped the company maintain its global dominance. His role in Alibaba’s continued success has earned him a net worth of $5.2 billion.
57. Zhang Bangxin – $5.2 Billion, Age 40, China
Zhang Bangxin is the founder and CEO of TAL Education, a leading Chinese education technology company that provides online and offline tutoring services. Zhang’s innovative approach to education has helped TAL Education become one of the largest education companies in China, with a focus on using technology to enhance learning. His success in the edtech space has contributed to his $5.2 billion net worth.
58. Jerry Yang – $2.4 Billion, Age 53, United States
Jerry Yang is the co-founder of Yahoo, one of the earliest and most successful internet search engines and web portals. Although Yahoo has since declined in prominence, Yang’s early contributions to the development of the internet have earned him a $2.4 billion net worth. He remains an influential figure in Silicon Valley, with ongoing investments in technology and media ventures.
59. Peter Thiel – $5.2 Billion, Age 53, United States
Peter Thiel is a co-founder of PayPal and Palantir, two of the most successful tech companies in fintech and data analytics, respectively. Thiel’s early investments in companies like Facebook have also contributed significantly to his wealth. With a net worth of $5.2 billion, Thiel is one of the most influential venture capitalists and tech entrepreneurs in the world.
60. Evan Spiegel – $10 Billion, Age 31, United States
Evan Spiegel is the co-founder and CEO of Snapchat, a social media platform known for its disappearing messages and augmented reality features. Spiegel’s focus on privacy and innovative storytelling features has made Snapchat particularly popular among younger users. His vision for the future of social media has helped him build a $10 billion net worth.
61. Bobby Murphy – $10 Billion, Age 32, United States
Bobby Murphy is the co-founder and CTO of Snapchat, where he played a key role in developing the platform’s technical infrastructure. Murphy’s engineering expertise has helped Snapchat grow into one of the most popular social media platforms in the world. His contributions to the company’s success have earned him a net worth of $10 billion.
62. Travis Kalanick – $4.5 Billion, Age 45, United States
Travis Kalanick is the co-founder of Uber, the ride-hailing app that disrupted the transportation industry. Under Kalanick’s leadership, Uber grew rapidly into a global company, though his tenure ended amid controversy. His contributions to reshaping the gig economy and transportation have earned him a net worth of $4.5 billion.
63. David Baszucki – $4.3 Billion, Age 58, United States
David Baszucki is the co-founder and CEO of Roblox, an online platform that allows users to create and play games built by other users. Roblox has become incredibly popular with younger audiences, and its emphasis on user-generated content has helped it grow into a multibillion-dollar company. Baszucki’s role in expanding the platform has earned him a net worth of $4.3 billion.
64. Hasso Plattner – $14 Billion, Age 79, Germany
Hasso Plattner is the co-founder of SAP, a global leader in enterprise software and business solutions. SAP’s software helps companies manage business operations and customer relations. Plattner’s contributions to building SAP into a multinational company have earned him a $14 billion net worth, making him one of the richest people in Germany.
65. Pavel Durov – $17 Billion, Age 38, Russia
Pavel Durov is the founder of Telegram, a popular messaging app known for its focus on privacy and encryption. Durov’s commitment to free speech and secure communications has made Telegram a favorite among users concerned with privacy. His leadership in developing Telegram has earned him a net worth of $17 billion.
66. Sebastian Siemiatkowski – $2.1 Billion, Age 39, Sweden
Sebastian Siemiatkowski is the co-founder and CEO of Klarna, a fintech company that specializes in buy-now-pay-later services. Klarna has revolutionized online shopping by allowing consumers to pay for their purchases in installments. Siemiatkowski’s leadership in the fintech space has earned him a net worth of $2.1 billion.
67. David Vélez – $2.1 Billion, Age 39, Brazil
David Vélez is the co-founder and CEO of Nubank, a digital bank that offers no-fee banking services and credit cards in Latin America. Vélez’s innovative approach to financial inclusion has helped Nubank become one of the most valuable fintech companies in the world, contributing to his $2.1 billion net worth.
68. William Li – $3.2 Billion, Age 45, China
William Li is the founder and CEO of NIO, a Chinese electric vehicle manufacturer. NIO has become one of the leading EV companies in China, known for its innovative battery-swapping technology and luxury electric cars. Li’s leadership in the electric vehicle space has earned him a net worth of $3.2 billion.
69. Wang Xing – $3.6 Billion, Age 43, China
Wang Xing is the co-founder and CEO of Meituan, China’s largest e-commerce platform for services, offering everything from food delivery to hotel bookings. Under Xing’s leadership, Meituan has become a key player in China’s online-to-offline services market. His success in building the company has earned him a net worth of $3.6 billion.
70. Gabe Newell – $5 Billion, Age 59, United States
Gabe Newell is the founder of Valve Corporation, a gaming company best known for its digital distribution platform, Steam. Steam has become the dominant platform for PC gaming, and Valve’s success in game development and distribution has made Newell one of the wealthiest figures in the gaming industry, with a net worth of $5 billion.
71. Martin Lorentzon – $3.6 Billion, Age 53, Sweden
Martin Lorentzon is the co-founder of Spotify, the leading music streaming service that has transformed the way people listen to music. Lorentzon’s contribution to Spotify’s global success has made him one of the wealthiest individuals in the music tech industry. His net worth of $3.6 billion is a reflection of his role in disrupting traditional music distribution models.
72. George Kurian – $3 Billion, Age 52, United States
George Kurian is the CEO of NetApp, a company that provides cloud data services and data management solutions to businesses worldwide. Under Kurian’s leadership, NetApp has grown into one of the leading companies in cloud computing and data storage. His success in steering the company through the cloud revolution has earned him a net worth of $3 billion.
73. Renaud Laplanche – $2 Billion, Age 50, United States
Renaud Laplanche is the co-founder and CEO of Upgrade, a fintech company offering affordable credit and personal loans. He is also the founder of LendingClub, a peer-to-peer lending platform. Laplanche’s contributions to democratizing access to credit through technology have earned him a $2 billion net worth.
74. Rich Barton – $2 Billion, Age 54, United States
Rich Barton is the co-founder of Zillow and Expedia, two companies that have revolutionized the real estate and travel industries. Barton’s vision for using technology to empower consumers in making informed decisions has been instrumental in his success. His contributions to the digital transformation of these industries have earned him a net worth of $2 billion.
75. Zhang Zhidong – $15 Billion, Age 51, China
Zhang Zhidong, also known as Tony Zhang, is a co-founder of Tencent, one of the largest technology companies in China. He played a key role in developing Tencent’s technical infrastructure and product offerings. His contributions to the company’s success have earned him a $15 billion net worth.
76. Hiroshi Mikitani – $6 Billion, Age 58, Japan
Hiroshi Mikitani is the founder and CEO of Rakuten, one of Japan’s largest e-commerce platforms. Known as the “Amazon of Japan,” Rakuten has expanded its services globally, including online retail, financial services, and even professional sports. Mikitani’s leadership in diversifying Rakuten’s portfolio has earned him a net worth of $6 billion.
77. Neil Shen – $5 Billion, Age 54, China
Neil Shen is the founding partner of Sequoia China, one of the most influential venture capital firms in Asia. Shen has invested in some of China’s most successful tech companies, including Alibaba and JD.com. His role in shaping the Chinese tech landscape through venture capital has earned him a net worth of $5 billion.
78. Niraj Shah – $2.4 Billion, Age 48, United States
Niraj Shah is the co-founder and CEO of Wayfair, an e-commerce company that specializes in home goods and furniture. Shah’s leadership in building one of the largest online retailers in the world has significantly contributed to his wealth. His role in transforming the online shopping experience for home goods has earned him a net worth of $2.4 billion.
79. Girish Mathrubootham – $1.2 Billion, Age 47, India
Girish Mathrubootham is the founder and CEO of Freshworks, a cloud-based customer engagement platform offering support, marketing, and sales solutions to businesses. Freshworks has grown rapidly, providing innovative tools for businesses to better engage with their customers. Mathrubootham’s success in the SaaS industry has earned him a net worth of $1.2 billion.
80. Sergey Petrossov – $1.5 Billion, Age 32, United States
Sergey Petrossov is the founder of JetSmarter, a platform that made booking private jets as easy as hailing a ride with an app. JetSmarter’s success in democratizing access to private air travel led to Petrossov’s rise in the tech industry. His innovation in the luxury travel market has earned him a $1.5 billion net worth.
81. Tom Preston-Werner – $1.8 Billion, Age 44, United States
Tom Preston-Werner is the co-founder of GitHub, a popular platform for software development and version control. GitHub’s acquisition by Microsoft for $7.5 billion further solidified Preston-Werner’s influence in the tech community. His contributions to open-source development and cloud services have earned him a $1.8 billion net worth.
82. Yancey Strickler – $1.5 Billion, Age 42, United States
Yancey Strickler is the co-founder of Kickstarter, the crowdfunding platform that allows creators to bring their projects to life through public funding. Kickstarter’s success in empowering creators across various industries has made it a go-to platform for entrepreneurs and artists alike. Strickler’s contribution to the creative economy has earned him a net worth of $1.5 billion.
83. Chris Larsen – $4.7 Billion, Age 60, United States
Chris Larsen is the co-founder of Ripple, a company that facilitates cross-border payments using blockchain technology. Ripple’s ability to offer faster and cheaper international money transfers has positioned it as a leader in the fintech and cryptocurrency spaces. Larsen’s leadership in the blockchain industry has contributed to his $4.7 billion net worth.
84. George Kurtz – $2 Billion, Age 52, United States
George Kurtz is the founder and CEO of CrowdStrike, a cybersecurity company that provides cloud-based endpoint protection services. CrowdStrike’s success in defending organizations against cyber threats has made it a leader in the cybersecurity industry. Kurtz’s innovation in security technology has earned him a net worth of $2 billion.
85. Stewart Butterfield – $3.2 Billion, Age 47, United States
Stewart Butterfield, also listed earlier, is the co-founder of Slack and Flickr. His leadership in building Slack into one of the most widely used business communication platforms has helped him achieve a $3.2 billion net worth.
86. Dara Khosrowshahi – $1.2 Billion, Age 52, United States
Dara Khosrowshahi is the CEO of Uber, having taken over the role after Travis Kalanick’s departure. Khosrowshahi’s focus on improving Uber’s culture and expanding its services, including food delivery through Uber Eats, has helped Uber grow further under his leadership. His efforts have earned him a $1.2 billion net worth.
87. David Duffield – $11 Billion, Age 80, United States
David Duffield is the founder of PeopleSoft and Workday, two major enterprise software companies specializing in human resources and financial management. His success in developing software solutions that cater to the needs of large businesses has earned him a net worth of $11 billion, making him one of the wealthiest tech entrepreneurs in enterprise software.
88. Brian Acton – $2.5 Billion, Age 49, United States
Brian Acton is the co-founder of WhatsApp, the globally popular messaging app acquired by Facebook in 2014 for $19 billion. WhatsApp’s simplicity and focus on privacy have made it one of the most widely used communication tools in the world. Acton’s role in building WhatsApp has contributed to his $2.5 billion net worth.
89. Ryan Cohen – $2.1 Billion, Age 35, United States
Ryan Cohen is the co-founder of Chewy, an online retailer specializing in pet food and products. Chewy’s focus on customer service and its strong brand presence helped it grow rapidly, leading to its acquisition by PetSmart for $3.35 billion. Cohen’s role in building Chewy’s success has earned him a $2.1 billion net worth. He is also a key figure in the GameStop investment saga.
90. Parker Conrad – $1.8 Billion, Age 42, United States
Parker Conrad is the founder and CEO of Rippling, a software company that provides HR, payroll, and IT management solutions to businesses. Conrad’s focus on creating an all-in-one platform for business administration has helped Rippling grow into one of the fastest-growing SaaS companies. His success in the software space has earned him a net worth of $1.8 billion.
91. Kirkland Ellis – $1.5 Billion, Age 48, United States
Kirkland Ellis is a leader in the LegalTech space, having built one of the most influential law firms leveraging technology to streamline legal services. His focus on integrating tech solutions into legal practice has positioned his firm as a pioneer in the sector, earning him a net worth of $1.5 billion.
92. Jay Chaudhry – $10 Billion, Age 64, United States
Jay Chaudhry is the founder and CEO of Zscaler, a cloud security company that protects organizations from cyber threats. Zscaler’s innovative approach to cybersecurity has made it a leader in the cloud security space. Chaudhry’s role in shaping the future of internet security has earned him a $10 billion net worth.
93. Dheeraj Pandey – $2 Billion, Age 46, United States
Dheeraj Pandey is the co-founder of Nutanix, a cloud computing company that offers hyper-converged infrastructure solutions. Nutanix’s innovative technology simplifies data center operations for businesses, helping them manage their IT infrastructure more efficiently. Pandey’s leadership in cloud computing has earned him a net worth of $2 billion.
94. Zhang Yiming – $35 Billion, Age 40, China
Zhang Yiming is the founder of ByteDance, the parent company of TikTok, one of the world’s most popular social media platforms. ByteDance’s success in creating content recommendation algorithms that keep users engaged has made Zhang one of the wealthiest tech entrepreneurs globally, with a net worth of $35 billion.
95. Robert Smith – $8 Billion, Age 59, United States
Robert Smith is the founder of Vista Equity Partners, a private equity firm that invests in enterprise software companies. Smith’s focus on acquiring and growing software companies has made him one of the most successful investors in the tech space. His success in private equity has earned him a net worth of $8 billion.
96. Cyrus Poonawalla – $21 Billion, Age 80, India
Cyrus Poonawalla is the founder of Serum Institute of India, the world’s largest vaccine manufacturer by volume. Poonawalla’s role in producing affordable vaccines for developing countries has been critical in global health initiatives. His success in the biotechnology space has earned him a $21 billion net worth.
97. Ritesh Agarwal – $2 Billion, Age 27, India
Ritesh Agarwal is the founder of OYO Rooms, a hospitality company that offers budget-friendly hotel accommodations. OYO has grown rapidly, expanding into multiple countries and offering affordable stays for travelers. Agarwal’s success in disrupting the hotel industry has earned him a $2 billion net worth, making him one of the youngest billionaires in the tech world.
98. Lei Zhang – $4 Billion, Age 52, China
Lei Zhang is the founder of Hillhouse Capital, a leading investment firm with a focus on technology, healthcare, and consumer sectors. Zhang’s successful investments in tech companies like Tencent and JD.com have made him one of the most influential venture capitalists in Asia, with a net worth of $4 billion.
99. Marc Lore – $3 Billion, Age 50, United States
Marc Lore is the founder of Jet.com and former CEO of Walmart eCommerce. His success in building Jet.com, which was acquired by Walmart for $3.3 billion, helped transform Walmart’s online operations. Lore’s leadership in e-commerce has contributed to his net worth of $3 billion.
100. Zhou Hongyi – $12 Billion, Age 49, China
Zhou Hongyi is the founder of Qihoo 360, a leading cybersecurity company in China. Zhou’s focus on developing internet security solutions for consumers and businesses has positioned Qihoo 360 as a major player in the cybersecurity industry. His contributions to the tech world have earned him a $12 billion net worth.
FAQs
Who Are The Top Rising Tech Millionaires In 2024?
Some of the top rising tech millionaires include Alexandr Wang (Scale AI), Lucy Guo (Backend.ai), and Roham Gharegozlou (Dapper Labs).
How Do Tech Entrepreneurs Become Millionaires So Quickly?
Tech entrepreneurs often achieve rapid success through innovation, solving large-scale problems, attracting venture capital funding, and disrupting traditional industries.
Which Industries Are Producing The Most Tech Millionaires?
Industries like artificial intelligence, fintech, blockchain, and e-commerce are producing a significant number of new tech millionaires.
Can You Become A Tech Millionaire Without A Technical Background?
Yes, many tech entrepreneurs, like Melanie Perkins of Canva, have non-technical backgrounds but succeed by understanding market needs and solving customer pain points.
What Challenges Do Rising Tech Millionaires Face?
Tech millionaires often face challenges like scaling their businesses, maintaining competitive advantages, dealing with regulatory issues, and managing rapid growth.
Conclusion
As technology continues to advance at a rapid pace, these tech billionaires are leading the charge in creating solutions that will shape the future. From transforming the way we communicate and shop to revolutionizing healthcare and energy, their contributions have left a lasting mark on society.
Each of these individuals has harnessed the power of innovation, persistence, and strategic thinking to reach extraordinary heights. The impact of these billionaires goes beyond their net worth; they are driving progress and influencing the way the world operates.
As we look ahead, their ongoing ventures will likely introduce even more groundbreaking advancements, solidifying their legacies as both wealth creators and changemakers in the global tech landscape.
Jump to
1. Alexandr Wang – $1 Billion, Age 26, United States
2. Lucy Guo – $440 Million, Age 28, United States
3. Henrique Dubugras – $1.5 Billion, Age 27, Brazil
4. Roham Gharegozlou – $700 Million, Age 35, Canada
5. Melanie Perkins – $6.5 Billion, Age 36, Australia
6. David Vélez – $5.2 Billion, Age 42, Colombia
7. Shan-Lyn Ma – $350 Million, Age 40, United States
8. Apoorva Mehta – $3.5 Billion, Age 37, United States
9. Dylan Field – $2 Billion, Age 31, United States
10. Kathryn Minshew – $50 Million, Age 37, United States
100 Richest Billionaires In Technology Industry
FAQs
Conclusion
Alex Mercer
Author
Alex Mercer is a seasoned author and analyst specializing in wealth research, with a keen focus on evaluating the net worth of individuals across various industries. With over a decade of experience in financial analysis and wealth assessment, Alex has developed a nuanced understanding of the factors that contribute to an individual's financial status, from investments and assets to market trends and economic policies. His work involves in-depth reviews and analyses, providing insightful observations on wealth accumulation, management strategies, and the socio-economic implications of wealth distribution.
Throughout his career, Alex has become known for his ability to distill complex financial data into understandable and engaging narratives, making the subject of wealth and net worth accessible to a broad audience. His expertise is not just in numbers but in telling the stories behind them, highlighting the journeys, strategies, and decisions that lead to financial success or challenges. Alex's contributions to the field of wealth research are valuable resources for anyone looking to understand the dynamics of wealth in today's world, offering a unique perspective that bridges the gap between financial analysis and human interest.
Nathanial Blackwood
Reviewer
Nathanial (Nate) Blackwood is a distinguished financial journalist with a decade of experience in net worth analysis. He holds an Economics degree from the University of Finance and a Data Analysis certification, enabling him to blend thorough insights with engaging storytelling. Nate is known for making complex financial information accessible to a wide audience, earning acclaim for his precise and reader-friendly analyses. Beyond his writing, Nate is dedicated to financial literacy, actively participating in educational forums and workshops.
He is the founder of PureNetWealth, a platform that demystifies the financial achievements of public figures by exploring the strategies and decisions behind their fortunes. Nate's work bridges the gap between intricate economic concepts and the general public, inspiring a deeper understanding of wealth dynamics. Follow Nathanial Blackwood for essential insights into the financial narratives shaping our world.
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