Mark Zuckerberg – 27 – $17,500,000,000 – Facebook

Mark is the most public face of Facebook, which currently hosts over 750 million active users, with 500 million of those accessing the site daily. His personal wealth has skyrocketed in the past few years as Facebook has torn through the competition such as Myspace, and taken its place as the number 1 social network in the world. With the release of ‘The Social Network’ in recent years, it’s hard to not know who Mark is. And if you have seen that film, then you’ll know that getting to the top, wasn’t such a clean and easy ride. Mark faced multiple lawsuits from people who say ripped off his idea, and a disgruntled business partner who was ripped off after an investment. You can make up your own mind about Mark, either from what you’ve learned about him over the years, or from the film, but there’s no denying that Facebook wouldn’t have existed without him, certainly not to the capacity it’s at today. I should think that at least 90% of the people reading this have a profile, and perhaps even a fan page, so it’s no wonder that Mark’s made it to the top of this list.

Andrew Mason – 30 – $4,750,000,000 – Groupon

Andrew actually has a degree in music, but chose to go into web design, where he would meet his first investor, which eventually led to Groupon. Founded in November 2008, the site has experienced rapid growth, and huge revenues from taking 50% of every sale made through the site. There have been plenty of imitators since, but Groupon still remains on top, even turning down a $6 billion dollar acquisition bid from Google at the end of 2010. Google has a habit for offering to buy companies out before creating their own, sometimes more powerful and successful imitator, so who knows what may be in store for Groupon. Over the past few months, I’ve personally started to see less location targeted products in Groupon, and the quality of items has also gone down in my opinion, so whether Groupon will stand the test of time is unknown. What we do know though is that $6 billion is a lot of money to make in just over 2 years.

Dustin Moskovitz – 27 – $3,500,000,000 – Facebook

Dustin is just 8 days younger than Mark Zuckerberg, making him the youngest billionaire in the world. Dustin founded the site with Mark back at Harvard and holds on to a 6% stake of the company, which has made him incredibly rich, in fact, in the past year alone, Forbes has estimated his worth to have more than doubled. He left Facebook in 2008 to work on his own ventures, such as a mobile photo-sharing site, called Path, which has already turned down a $100 million offer from Google. His new company Asana, is a web application designed to streamline business communication and facilitate workplace efficiency, and in his own words, “will be to your work life what Facebook.com is to your social life.” I for one am looking forward to seeing what the future has in store for Dustin.

Eduardo Saverin – 29 – $2,000,000,000 – Facebook

You might start to notice a bit of a recurring theme here, as Eduardo Saverin is yet another person who got rich through Facebook, from his 5% stake in the company that he got when he went to Harvard with Mark Zuckerberg. If you’ve seen The Social Network, you’ll know that their relationship went sour, and that Eduardo actually used to own a third of the company, before it went down to 30% when Dustin Moskovitz came aboard. After some disputes between Mark and Eduardo about how the company was going to move forward, and whether Eduardo was going to remain as part of the Facebook team, he got pushed out the company when a group of investors, including Peter Thiel from PayPal, got onboard. After a series of legal disputes, Eduardo finally got his stake pushed back up to 5%, and even from such a small stake, he’s worth an incredible amount of money.

Drew Houston – 28 – $600,000,000 – Dropbox

Drew is just 28 years old and the founder of Dropbox, an online storage and backup system, which he started back in 2008. By december of 2010, Dropbox holds 10.41% of the worldwide Backup Client market, based on the number of installations that the client has received. Drew knew that he had a very big product, when Steve Jobs (Drew’s personal hero) chose to meet with him personally, to tell him that he liked the product and was interested in buying it for Apple. A nine digit price was banded about, but Drew turned it down, wanting to a part of something much bigger. The company has recently been valued at $4 billion, and it’s currently one of the fastest growing companies on the internet, so for now at least, Drew doesn’t have too much to worry about. Or at least, he didn’t. With the launch of Apple’s iCloud, who knows what’s in store for the future of online backup.

Chris Hughes – 27 – $500,000,000 – Facebook

Chris Hughes is the forth roommate to Mark, Eduardo and Dustin, from when they were back at Harvard, and that was how he got involved with Facebook. As well as a co-founder of Facebook, Chris was also in charge of the social media side of Barack Obama’s presidency campaign. He appeared on the cover of ‘Fast Company’ magazine, under the title  “The Kid Who Made Obama President; How Facebook Cofounder Chris Hughes Unleashed Barack’s Base – and Changed Politics and Marketing Forever”. Now that’s a pretty bold statement to make about anyone, but it seems that Chris really did play a big part in promoting Obama, with his extensive knowledge of social media. I don’t know about you, but if I needed someone to help promote me through social media, I’d want one of the co-founders of Facebook too.

Gurbaksh Singh Chahal – 27 – $300,000,000 – GWallet.com

Chahal is a pretty incredible man; by the time he was 25 he had already founded and sold two advertising companies for a total of $340 million. He’s doing remarkably well for someone so young, and has already founded his third advertising agency, which was valued in March 2011 at $200 million. Chahal was born in Punjab, India, and came over to America when he was three, which provided him with the base for which he could start to grow his millions. Believe it or not, he’s actually a high school drop out, because at the tender age of 16, he left school to found his first performance based advertising company, ClickAgent. This was sold just two years later in an all stock merger for $40 million, to ValueClick. From here, he moved on to start another advertising firm, that was eventually bought for $300 million in cash from Yahoo!. Gurbaksh has a bit of a habit of selling up, and starting fresh, because at age 27, he’s already onto his forth advertising firm.

Matt Mullenweg – 27 – $250,000,000 – WordPress

Matt founded WordPress, which is the most popular blogging platform on the internet, and used by over 14.7% of Alexa Internet’s “top 1 million” websites and as of August 2011 powers 22% of all new websites. WordPress is the most popular blogging platform on the internet because of its usability and easy to install plugins that can make every site look unique. No doubt that the majority of people reading this are using WordPress for their own site, and we recommend it as we use it for IncomeDiary and ExpertPhotography. Matt is one of out 10 people who changed the internet because he’s managed to change the way that we use the internet now; we’re all a part of it, rather than just spectators. And if you’re not, then with just a small amount of effort, you can be too. I remember my first WordPress site, I chose a complicated theme, and didn’t understand it at all, but within three days, I’d learned the ropes and had it looking exactly how I wanted it.

Blake Ross – 26 – $150,000,000 – Mozilla

Blake Ross is most famous for his web browser, Mozilla Firefox, along with a number of other Mozilla applications such as Thunderbird and SeaMonkey. Blake originally started out working with AOL on the Netscape browser, but he wasn’t happy with where it was being taken, so he decided to create his own. That took a good amount of foresight that really paid off for him, because look at Netscape now, it doesn’t even exist anymore. Firefox was released when Blake was 19 in 2004, and totalled 100 million downloads in just one year, which is no small feat, by anyone’s standards. It became my personal browser of choice for many years because of the different add-ons that I could install to make it easier to use, and faster to run.

John Vechey – 30 – $100,000,000 – PopCap Games

John founded PopCap Games which is a games website, with free to play, but limited games, and larger ‘pay to play’ games. Their most popular game is bejewelled, a game that I’ve dabbled in myself in the past, due to its addictive nature, and it’s burnt many hours sitting on trains, and waiting for appointments. The company has also branched out into mobile phone gaming too. In July 2011, EA games announced that it would be buying PopCap for $650 million with an additional $100 million stock option. Part of the reason that PopCap have done so well is because they designed a game development kit, which was designed to let programmers easily and quickly create “PopCap-style” games, and is part of their developer program that encourages game creators to distribute their finished games through PopCap Games. It’s an excellent idea that’s proved to be incredibly lucrative for its founders.

Angelo Sotira – 30 – $87,000,000 – deviantArt

DeviantArt was launched by Angelo in 2000 when he was just 19 years old, and currently has an Alexa Rank of 129, which is extremely high for such a niched website. The site is known around the world, by more than 15 million members, covering a wide range of artistic niches and it’s considered to be the Facebook of the art/digital art world. The website it’s an online community showcasing various forms of user-made artwork, and the website aims to provide a platform for any artist to exhibit and discuss works. The works vary from photography, digital art, and traditional art, to literature, Flash, and filmmaking. They also provide a large number of tutorials and extra features, such as journals, polls, groups and portfolios. This is a website has a massive artistic community, that’s not going to be beaten by any would-be rivals anytime soon.

Naveen Selvadurai – 28 – $80,000,000 – Foursquare

Naveen is the founder of Foursquare, which is a location based app where users ‘check in’ and gain points. The joint venture is estimated to be worth something in the region of $600 million. There is obvious competition from Facebook, but Foursquare seems to have stood the test of time so far, by using slightly different features. If you check into a place enough times, then you become the ‘Major’ of that place, which means nothing in reality, and certainly has no monetary value, but it seems to be something that people want. Naveen originally had a similar product that relied on SMS messaging, rather than a mobile app, to check in, but it was bought by Google and shut down, spurring the launch of Foursquare. Considering where SMS based apps are now, the decision to sell was definitely a wise one.

Daniel Ek – 27 – $80,000,000 – Spotify

Daniel co-founded the popular music streaming program ‘Spotify’. The income for the programs come from ads that are played on the free version and monthly subscriptions from the paid version. It’s changing the way we listen to, and find new music, and has gone from strength to strength, with Sean Parker recently making an investment and taking it to the US. I can speak from years of experience with this program that it really has changed the way that I listen to music. I pay a small monthly subscription of £10 a month, and I have unlimited access to all the music I could possibly want. It’s changed the way I find new music, and had it not been for podcasts, it would have completely replaced iTunes for me. Daniel comes from a torrenting background, where illegal music downloading was commonplace, so it makes sense that he should be finding a solution that makes listening to music, legal and affordable.

Pavel Durov – 25 – $60,000,000 – V Kontakte

Pavel Durov founded V Kontakte in 2007, a social network in eastern Europe, which is very similar in design to Facebook, so much so, that it’s been considered a clone. There are about 135 million accounts, and it currently ranks 46 in the Alexa rank. As well as many of the Facebook features, there’s also a torrent file sharing system incorporated into it. It’s amazing how much money one man can make from clearly ripping off another company’s idea, but Pavel seems to have gotten away with it. Although the majority of Americans use Facebook, there are different networks in different parts of the world, which believe it or not, are more popular. Pavel saw a gap in the market, and a product that has proven to be successful, and he ran with it. Whether you agree with how he’s made the money or not, you’ve got to agree, it’s a bold move and he’s done very well with it.

Alexander Levin – 26 – $56,000,000 – Image Shack

Alexander founded Image Shack, which is a free to use image hosting website. There are options to pay for a subscription service, but the majority of its revenue is produced from advertising related to its free image hosting. With an Alexa rank of 135, and the launch of yfrog, which is a Twitter version of the site, Image Shack is clearly a very successful website, which is taking steps to ensure that it’s here to stay. It’s a very competitive market with clear competition from the likes of photobucket, imgur and tinypic.com, but Image Shack has continued to grow at an impressive rate. The website grew very quickly when it first started, allowing users to sign up for free, to host their images and manage their files. Although there’s a lot of competition out there, Image Shack is a trusted brand, with a loyal following of users, who continue to use the service.

Jake Nickell – 28 – $50,000,000 – Threadless

Jake is the founder of Threadless, which he started with $1,000 in seed money, after entering an Internet t-shirt design contest. That was back in 2000, and since then, he’s created an online network where users vote on designs to get printed, where the best ones go into production, and the designer gets a fee. They’ve expanded internationally with their famous low rate shipping. I live in the UK, and I’ve ordered five shipments of t-shirts over the past couple years, collecting dozens of them from their $10 tees sales. Every designer that gets printed receives $2,000 in cash, a $500 gift certificate (which they may trade in for $200 in cash), as well as an additional $500 for every reprint. Not only can graphic designers start to see money from their hard work, and often hobby, but the users of the site get something unique, that can’t be bought in shops. It’s a very interesting concept that seems to have worked out very well for everyone involved.

Sean Belnick – 23 – $42,000,000 – BizChair

BizChair.com is an online retailer of office chairs and furniture, as well as restaurant, church, and medical furniture. They were one of the first ‘online only’ furniture retailers when they were founded by Sean Belnick back in 2001. Their sales have risen steadily over the last five years to over $58 million in 2010. It started in a bedroom with a $500 investment and has grown into one of the largest furniture retailers on the internet. You may have done the maths by now and realised that if Sean is 23 now, and he started in 2001, then that would have made him 14 at the time. That’s correct. The investment came from his step-father, who also worked in the furniture business, and the company was started in his bedroom. Just 3 years later, and they moved into a 40,000-square-foot warehouse, and 2 years after that, a 100,000-square-foot space.

David Karp – 24 – $40,000,000 – Tumblr

David Karp brought blogging to the younger generation with Tumblr, with this very easy to set up blogging platform, that’s available for free. The site only launched 3 years ago in 2007, but it’s already surpassed the number of WordPress blogs, with over 30 million users. It’s even the blogging platform for President Obama’s official blog. This isn’t a traditional blogging platform though, it could be much more liked to a social network, almost like a cross between Facebook and GeoCities. The users can customise their pages and follow other blogs, or set them to private if they’d like. They can post text, images, videos and audio, and the reblog function allows users to post other people’s content on their blog, while providing credit. The clearly has viral implications and some images can gain tens of thousands of reblogs in no time at all.

Garrett Camp – 29 – $30,000,000 – StumbleUpon

Garrett Camp created StumbleUpon, a site that had probably provided most websites some traffic in the past, I know that mine certainly does well from it. You input your interest and SU takes you on a trip around the internet to relevant links. The site has an Alexa rank of 115, which just goes to show how popular it is. Think of it as a discovery engine, rather than a search engine, which takes you on a Stumble around the internet, showing you result that you may be interested in. There’s also an option where advertisers can pay for people to Stumble onto their website called ‘StumbleUpon Paid Discovery’. Considering how much time we all like to waste on the internet these days, it’s a pretty good concept, and as I mentioned above, I receive a lot of visitors from them, ranging from 20% to 50% of total traffic each month.

The post Youngest Richest Internet Entrepreneurs appeared first on How To Make Money Online.

Mark Zuckerberg is much more than the world’s youngest billionaire.

At age 27, the founder and CEO of Facebook has forever changed the way we share ideas, interact with friends, and present ourselves to the world.

This didn’t happen by accident. Mark has been able to accomplish extraordinary feats because he’s lived his life in an extraordinary way.

Keep reading for nine ways that you can be more like Mark Zuckerberg.

#1 Combine Ideas

The best new ideas are often just new combinations of old ideas.

In October 2003, while a sophomore at Harvard University, Mark created a website called Facemash. Facemash would place the images of two Harvard students opposite one another and ask users to pick which was more attractive.

The website was a hit on campus, but there was one big problem: Zuckerberg had hacked into Harvard’s computer network to get the images of the students and was therefore violating people’s privacy. The university shut Facemash down.

Later that semester, Zuckerberg made a website to help his classmates study for their art history final. Like Facemash, it was hit at Harvard. Unlike Facemash, it allowed users to post comments underneath images.

Around the same time, Zuckerberg began working as a programmer for a group of Harvard students who were developing a dating and networking site called HarvardConnection.com.

All three of those ideas were good (if flawed) on their own, but when Zuckerberg put them all together they became Facebook.

#2 Start Exclusively

On February 4, 2004, Zuckerberg launched TheFacebook.com, a social network exclusively for Harvard students. The next month, he introduced it to Stanford, Columbia, and Yale.

Soon Facebook opened to more Ivy League schools, eventually spreading to all universities across the United States.

Only after expanding from colleges to high schools and companies did Facebook go public in September of 2006. That’s over two-and-a-half years after it first launched.

Why start exclusive?

If you want to attract as many people as possible to your website or business, it seems like you would want it available to everybody right away.

But these things take time to grow – and it’s often better to incubate your business in a smaller community before going global with the big boys.

Furthermore, people are more likely to visit sites that are catered specifically to their needs, partly because we enjoy being part of a ‘select few’ who are able to participate.

This isn’t just good advice for websites. If you’re providing a service, try starting by working exclusively for one very small niche. Contact the people and businesses in that group and let them know that your work is tailored specifically for their needs. Expand from there.

#3 Work Backwards from the Customer

The customer is always right.

So why do so many entrepreneurs come up with a product or service and then ask, “How can we convince people that they need this?”

As Mark Zuckerberg will tell you, it’s better to first get inside the head of your customer and find out what they want, and then provide it:

“The question [guiding our decisions at Facebook] isn’t ‘What do we want to know about people.’ It’s ‘What do people want to tell about themselves?’”

Mark Zuckerberg

While sites like MySpace and Friendster fell to the wayside, Facebook grew into the 800-million-member behemoth it is today because it has a knack for understanding how people want to share and connect socially.

#4 Make Your own Rules

Mark may be a bit on the shy side, but he’s not afraid to shake things up.

He once had a business card that read, “I’m CEO… B***H” and he sometimes wears rubber sandals to board meetings.

Part of the fun of being an entrepreneur is that you don’t have to follow a business code of conduct. It can signal to clients and customers that you’re an innovator who will excel in the ever-changing world of 21^st century business.

#5 Have a Mission

Already worth $17.5 billion (and having pledged half of his wealth to charity), it’s hard to believe that Zuckerberg is motivated by the desire for more money.

“Yeah, we can make a bunch of money – [but] that’s not the goal.”

Mark Zuckerberg

He continues to work hard for Facebook’s success largely because he has a vision for how his company can shape the world:

Facebook’s mission is to give people the power to share and make the world more open and connected.

If you haven’t already, take the time to consider the overarching mission of your enterprise. When you’re aware of the positive impact that your business can make, you’ll be more motivated to work hard and make it happen.

#6 Think Worldwide

In 2010, Zuckerberg began blocking out an hour every day to learn Mandarin Chinese. That December, he traveled to Beijing and toured the offices of Baidu (the Chinese equivalent of Google).

With a population of 1.3 billion, Zuckerberg clearly sees the potential in tapping the Chinese market.

In the Internet age, barriers of distance have become almost irrelevant. So take a page from Mark and think of your business as a global endeavor.

#7 Get “Wired-In”

“I keep programmer time sometimes…programmers tend to stay up really late and work when everyone else is asleep. So it’s not really uncommon for me to stay up until 6 or 8 in the morning.”

Mark Zuckerberg

If Mark hadn’t been willing to work way past his bedtime, he never would have been able to launch Facebook while enrolled full time at Harvard University.

This work ethic remains in Facebook’s company culture to this day.

Facebook regularly holds “Hackathons,” in which their engineers stay up all night, coding from 8 pm until dawn. Past Hackathons have yielded Facebook Chat and the friend suggester.

Sometimes our best work comes when we immerse ourselves completely in a project, late at night for hours on end.

#8 Learn How to Program

What do the founders of Google, Apple, Microsoft, and Facebook all have in common?

They were all programmers.

“My number one piece of advice is: you should learn how to program.”

Mark Zuckerberg

Computer programmers create digital systems – and digital systems have never been more important to the way we live and do business. Zuckerberg’s advice above stems from his understanding that skilled programmers will be in very high demand for decades to come.

Of course, some of us have ambitions that don’t require lines of code.

So the real lesson here is to develop the skillset necessary to accomplish your goals. That way, when you have a billion-dollar-idea, you’ll actually have the ability to bring it into existence (like Mark did).

#9 Challenge Yourself to Be Better

Mark Zuckerberg takes self-improvement very seriously.

He lists “eliminating desire” as one of his interests on his Facebook profile and he takes on a new “personal challenge” every year.

In 2005, when some Facebook investors and employees began criticizing Zuckerberg’s performance as CEO of the company, Zuckerberg didn’t get defensive. Instead, he took “CEO Lessons” from a retired former CEO.

Businesses are a reflection of their owners and part of the reason that Facebook keeps getting better is because Mark keeps getting better.

If you liked this article, share it on Facebook. Mark would want it that way.

The post 9 Ways You Can Be More Like Mark Zuckerberg appeared first on How To Make Money Online.

You know you’ve made it when you are on every single newspaper and magazine publication known to man, or even better when they have a movie about the birth of your company! There are so many ways to make money online, it could be a physical product that you are selling, maybe you create software and want to help those pesky spies from gaining government information? What ever your flavor of entrepreneurial streak may be, there are some sure-fire ways to make it in the online world.

Whats more, you can often start making money without even putting any in, although this will probably cause a slower return rate and lesser volumes but you could still do it. The truth is that any Tom, Dick or Harry could start a business if they really wanted to. BUT…there’s a catch. Of course there’s a catch, there’s ALWAYS a catch right? “Well, go on tell us what the catch is!” I hear you ask, it’s simple, you just need to know. You need to know what it is you are selling, how you are going to sell it and you have to know it has a reasonable value. There’s no good selling rubbish if the value is zero.

Also you need to “Know” how to motivate yourself, how to motivate others, how to hustle with the best of them. Let’s stop a minute and rethink this through.

In order to make money online you need to have qualities, and give quality to your customer, client or subscriber. Sometimes content is king, sometimes it’s the person behind the content. With that in mind I offer to you, the kings and queens of the entrepreneurial world. “The 30 Richest Entrepreneurs Under 30″…

…Enjoy

FYI: Net worth’s are estimates based on stock prices, company shares, investment, annual earnings, estimates made by professionals, insider information & research from the internet.

#1 Mark Zuckerberg Aged 26yrs

Worth an estimated $6.9 billion

If you don’t know who Mark Zuckerberg is already, you really must have been living under a rock. Mark is an American entrepreneur who co-founded and is currently the CEO of the social networking behemoth we know as Facebook. Hailing from White Plains, New York, Mark started his programming at a very early age back in “Middle School” and it looks like that really paid off. Currently owning approximately 24% of Facebook, Mark is now a Multi-Billionaire, with a fortune of roughly $6.9bn and growing. So why is he top of the list? Well, I can think of a few reasons, 6.9 billion reasons in fact!

www.facebook.com

****

#2 Dustin Moskovitz Aged 26yrs

Worth an estimated $1.4 billion

Now Dustin may be a little less familiar to you than Mark (above) but he’s definitely someone who has struck lucky. In fact Dustin was one of the co-founders of Facebook along with Mark. Dustin has since left Facebook (back in 2008) and has now set up his own business, Asana a company that apparently tackles the problems of workplace collaborations. Still in it’s early development stages, Asana is currently in Beta mode if you are interested? So how much did he make? A little over $1.4bn.

www.asana.com

* * * * *

#3 Andrew Mason – Aged 29yrs

Worth an estimated $600 million

Andrew Mason is the founder and CEO of the online business Groupon. A site you have all more than likely heard about or used before. Andrew Now just 29 years old is worth an estimated $600 million due to the sites huge success. Founded in 2008 Groupon has been steadily increasing it’s traffic and it’s income for the grateful founder. The aim of the website is to offer out daily deals to people all over the world via an online coupon service. Each and everyday Groupon releases new “Groupons” to its customers allowing them to receive discounts on anything from subway meals to laptops and much more. Andrew was given $1 million dollars by his previous employer in order to start this venture which has now made them both a lot of money in the 2 short years it has been up and running. I’m sure we can expect more from them in the near future.

www.groupon.com

#4 Matthew Mullenweg – Aged 26yrs

*Worth an estimated $250 million

Its nice to have one of our own on the list, and I’m pretty sure we all know who this young chap is. Matthew Mullenweg is the founding developer of WordPress, a resource a lot of us use on a daily basis. Funnily enough his background is anything but technical, he went to a performing arts school, learned to play the Jazz Saxophone, and then he went on to created one of the best website and blog programs in the world. In 2005 he started the company Automatic, which became the backing force behind WordPress and Akismet. Well done Ma.tt – You see what I did there?

www.ma.tt

www.wordpress.com

* * * *

#5 Blake Ross – Aged 25yrs

Worth an estimated $150 million

Blake Ross is an American software developer, known best for his work with Mozilla Firefox. That’s right at the age of 25yrs he has been able to accumulate a total fortune worth $150 million. In 2005 he was nominated for the Wired Magazines top “Rave Award” opposite some very popular names including Larry Page and Jon Stewart. Blake also co-founded the company Parakey which was eventually bought out by, yes you’ve guessed it, Facebook.

www.mozilla.com

#6 Gurbaksh Chahal – Aged 28yrs

Worth an estimated $100+ million

Gurbaksh Chahalis an American author and entrepreneur that has managed to create, build and grow two businesses into a massive empire worth $340 million, and all that before he is even 30yrs! Born in India, his family finally settled in California, by the time he was 16yrs old he had dropped out of school and decided to embark on a career in business. Gurbaksh is now the CEO and founder of gWallet.Inc. What an awe-inspiring story.

www.chahal.com

#7 Naveen Selvadurai Aged 28yrs

Worth an estimated $80 million

You may not have heard about Naveen but rest assured he is definitely a big hitter. He made most of his money through a joint venture that you may have heard of, Foursquare anyone? However before co-founding Foursquare he had worked extensively with some very well known brands, Nokia, Sun Microsystems and Sony to name a few. $80 million, yes please!

www.foursquare.com

* * * *

#8 Angelo Sotira – Aged 29yrs

Worth an estimated $75 million

Angelo, is someone a lot of you graphic designers, photographers, and web developers may know very well. He is the pioneering brain behind DeviantArt, The website was co-founded back in 2000 with Scott Jarkoff and Matt Stephens and is bigger than ever today. It really is the Facebook of the art/digital art world. The community is very strong and it’s a really intriguing and inspirational website. Still $75 million for creating a website back in 2000, I think I could wait 10 years for $75mil, how about you?

www.deviantart.com

** * * * *

#9 Nat Turner – Aged 26yrs

Worth an estimated $70 million

Nat Turner is one lucky entrepreneur, but lets not be harsh on him, he worked extremely hard in order to get lucky. What I mean is that he was lucky enough to build a brilliant company, Invitemedia, which is a “universal buying platform” for display media according to their website. Where he got “lucky” is when the global giant that is Google, decided to buy him and his co-founders (Zach Weinberg and Scott Becker – both aged 23yrs) out for a nice round figure of $70 million. Good job Nat.

www.invitemedia.com

#10 Peter Cashmore – Aged 24yrs

Worth an estimated $70 million

Peter Cashmore is is the CEO and founder of the unique media website Mashable.com which he started back in 2005. Pete has been lucky enough to appear in the Forbes Magazine’s 30 under 30 as well as getting a mention in the top 25 web-celebrities. There have been so many great reviews by so many large publishing brands and the brand itself seems to just getter better with time. The site now has over 10 million readers monthly, and is set to have even more by the end of the year.

www.mashable.com

#11 Alexander Levin – Aged 25yrs

Worth an estimated $56 million

Alexander is one of the co-founders of the very popular image storing website ImageShack. Racking up a huge $56+ million fortune along the way, Alexander has done very well indeed. Starting the website back in 2003 after coming up with the concept in high-school, it is now one of the largest image hosting websites in the world. However Alexander was not alone in the creation of ImageShack and if it hadn’t have been for his older brother Jack, he might never have gotten the website onto the server! Well done boy’s, nothing like brotherly love.

www.imageshack.us

*

#12 David Schottenstein – Aged 26yrs

Worth an estimated $52 million

David is the founder and CEO of Astor & Black, his main revenue is made from his 82 independent sales representatives, from all over America. Astor & Black is an online business which sells bespoke, original and very high quality evening, and business wear. David has his team of “Clothiers” who for a fair price, will come to your home and give you a unique style, enhancing your wardrobe so you look fit for the real world. This niche is obviously for very high end and very high maintenance type persons, but nonetheless he has made a large sum of money for what he does, and he does it very well.

www.Astor & Black.com

#13 Sean Belnick – Aged 22yrs

Worth an estimated $50 million

Sean Belnick first started his own business back when he was only 14yrs old, locking himself in his bedroom for almost three days, he emerged with what we now know as Bizchair. He began selling a few office chairs here and there, eventually gaining an employee until he finally got his sales down to a tee. He currently sells office furniture to the likes of Google, Microsoft, and many more. He is now worth an estimated $50 million. Not bad going,

www.bizchair.com

#14 Tim O’ Shaughnessy – Aged 29yrs

Worth an estimated $45 million

Tim O’Shaughnessy is one of the co-founders of the popular website Livingsocial.com, they are a social buying company, specializing in daily deals, across the western countries. The aim of the game is to offer as many people products and promotions for heavily discounted prices, very similar to the Group-on company. So far they have given thousands of deals on a daily basis to millions of happy customers, lets hope they can keep up with Groupon.

www.livingsocial.com

#15Eddie Frederick – Aged 29yrs

Worth an estimated $45 million

Eddie, is the President and also the co-founder of Living social.com alongside Tim (above) they have managed to help countless people get amazingly good deals for products and services all over the western countries. With a massive turnover coming from advertisers as well as revenue from the sales of the products and services they dish out, it’s no wonder they are millionaires today.

www.livingsocial.com

* * * * *

#16 Matthew Mickiewicz – Aged 26yrs

Worth an estimated $40 million

Matthew Mickiewicz is one of the co-founders of the company Sitepoint, which many, many of you will already know. Sitepoint also runs the website 99designs which became an overnight success, reaping in millions of dollars for Matthew. Speaking of his success Matthew stated the idea of the whole business came about after becoming engrossed in website design and development. 11Yrs since the start of his career Matthew is still going strong and the businesses show no sign of slowing. Good on you Matthew.

www.sitepoint.com

* *

#17 Ryan Block – 28yrs

Worth an estimated $30 million

Ryan was a regular kid from South California, when in 2004 he started working for Engadget as a part-time reporter, moving swiftly up the ranks Ryan managed to climb the ladder to the Editor-in-Chief position. In July 2009 using an approximate $550,000 investment Ryan created his business gdgt.com, along with some help. He know has thousands of loyal followers and answers a plethora of questions on the topic of gadgets. Not bad for a part-time reporter.

www.gdgt.com

* * * * *

#18 Catherine Cook – Aged 20yrs

Worth an estimated $30 million

Catherine Cook is no stranger to the world of online social networking, in fact she helped create the industry at the young age of 18yrs with her highly respected website MyYearBook.com. Another self made millionaire, Catherine has made most of her money through advertising revenue from which the website is supported. If you have not been on the website, which is aimed at mostly under 18yrs from the US then check it out. Think Facebook mixed with Friends Reunited.

www.myyearbook.com

* * * * *

#19 David Cook – Aged 22yrs

Worth an estimated $30 million

David is the older brother of Catherine Cook (above), and he has done amazingly well by helping build and develop the website. It’s funny to think that many of us have sibling rivalries and yet these to inspirational entrepreneurs pulled together to make a huge fortune for themselves. The site was initially funded by their older brother Geoff who was at the time (and possibly still is) a budding entrepreneur himself, it seems lending them the $250,000 for their idea was a successful leap of faith.

www.myyearbook.com

* * * * *

#20 Ryan Allis – Aged 25yrs

Worth an estimated $28 million

Ryan is the CEO and co-founder of the company icontact, the nature of the business is not unlike that of mailchimp. They provide marketing tools of the email variety and his efforts to further email marketing sales for himself and his clients has earned him a very nice amount of revenue. Able to boast over 50,000 clients globally, and with a best seller on the bookshelves entitled Zero to Million, Ryan is going places, fast.

www.icontact.com

#21 Aodhan Cullen – Aged 27yrs

Worth an estimated $18 million

No he is NOT one of the vampires out of the Twilight series of films, though I bet he was a bit of a night owl whilst starting his business empire. Aodhan Cullen is the CEO of the online company StatCounter. If you don’t already know, StatCounter is a web analysis and statitics company that was founded in 1999 when he was a mere boy aged 16yrs. The website has had huge success and in mid-2008 the members tally had grown to a whopping 2 million (globally). Good stuff Aodhan.

www.statcounter.com

#22 Susan Gregg-Koger– Aged 25yrs

Worth an estimated $15 million (combined)

Susan Gregg-Koger is the CEO and co-founder of Modcloth.com, operating the site via her college dorm-room where she managed to process orders herself whilst keeping up with her academic classes, that’s hard work right there! Her website was designed by her then boyfriend (now her husband – below) and the site went from strength to strength and is going remarkably well even now. The site boasts over 300 designers all creating one-off unique garments for their customers, sounds great.

www.modcloth.com

* *

#23 Eric Koger – Aged 26yrs

Worth an estimated $15 million (combined)

Eric was the design expert behind the Modcloth.com website, andalso helped with the hosting side of things. Eric is still very much a part of Modcloth.com and helps with the design, working closely with other designers they employ to oversee things are how they want them to be. He also helps with the financial side of the business like budgeting and sales reports. He also takes some of the product photography from time to time. What a great pair they are.

www.modcloth.com

**

#24 Rishi Kacker – Aged 24yrs

Worth an estimated $12 million

Rishi is one of the co-founders of Voltage.com, a security based company, the nature of the business is the encryption and protection of online and offline data through the use of electronic devices. In other words they stop people stealing data and identities etc. Currently serving around 1,000 customers at the time of writing the company has gone on to very big things, and although Rishi is still part of Voltage.com it has since changed hands of ownership. Which has allowed Rishi to become very wealthy in the process.

www.voltage.com

** * *

#25 Matt Pauker – Aged 24yrs

Worth an estimated $12 million

Matt was Rishi Kacker’s (above) business partner and another one of the co-founders of Voltage.com. The business started in 2002 and Matt is still there at the time of writing this. Matt has been involved with the design and architecture of the business and still gets deeply involved in all the processes which come with it. The company is now used by some of the biggest named brands and businesses in the world, and it is still growing. Matt was also named as one of the top 25 young entrepreneurs by Business Week as well as having been featured in numerous other highly respected publications.

www.voltage.com

* * * *

#26 Sean Whalen – Aged 28yrs

Worth an estimated $10 million

Sean is a very physical entrepreneur and doesn’t mind getting in there, and really getting his pulse racing. Sean developed the AlterG treadmill, which is essentially a treadmill for use in anti-gravity. Why? Well besides it being a very good idea, it is perfect for those athletes or the elderly who have injured themselves. It allows you to train using only 20 percent of your natural body weight, which allows the user to develop strength much more adequately, safely and without causing any more pain than necessary. Did I mention Sean’s dad was a NASA research scientist? That must be where he got the idea. Brilliant.

www.alterg.com

* * * *

#27 Joshua Dziabiak – Aged 23yrs

Worth an estimated $9 million

jJoshua started his first company, a web based hosting and design site aged just 15yrs, by the time he was 18yrs he had managed to grow the business to such a degree that he sold it for $1 million. Now that’s not bad by anyone’s standards, £1 million by the age of 18yrs from a company he started as a mere boy! Since then Joshua has managed to break through yet again and is now the CEO and co-founder of Showclix.com a ticket sales company that serves over 1,000 customers a year with over 1 million sales so far! It seems Joshua doesn’t know how to fail.

www.showflix.com

** *

#28 Aaron Levie – Aged 23

Worth an estimated $7 million

Aaron is the CEO of the website Box.net, for those of you that now of Box.net, here is one of the founders. Starting back in 2005 Aaron aged just 18yrs old created the website as a business project for college. The website came on in leaps and bounds through the college project and it was decided to bring the idea and project into the real world, Box.net was then officially incorporated that same year. The website business managed to gain capital from business “Angel” Mark Cuban, followed by some rather large sums of investment from third parties. The company aimed at helping businesses to share content and information internally and externally through their marketing and communication products and service.

www.box.net

* * * * *

#29 Dylan Smith – Aged 22yrs

Worth an estimated $7 million

Dylan is the second in command at Box.net, and currently resides as the CFO there. Dylan has been the go-to-guy in a number of other various start-ups besides Box.net. Smith is the right-hand man of Aaron and focuses his efforts more towards the sales, management and budget side of the business. Together they have so far managed to raise nearly $15 million in funding for start-up corporations. I can see this pair are going to be hard to miss in the coming few years. Watch out.

www.box.net

#30 David Karp – Aged 24yrs

Worth an estimated $5.5 million

David started the company Tumblr.com in 2007, with the aim to help anyone, share anything online. Sounds a pretty good idea, but who is actually going to use it? Well, 4.2 million of us is the latest estimation, so I think it’s not a bad idea at all. So far he has been handed $5.5 million in venture capital funding (so this personal fortune may now be more or less) and he has helped hundreds and thousands of users to share their content around the globe.

www.tumblr.com

Read more: ‘Top 50 Young Entrepreneur Quotes’

The post Young Rich List – 30 Under 30 Internet Millionaires appeared first on How To Make Money Online.

Hello Everyone

As some of you who have been following me for a while know, I have done several “Top Young Entrepreneur Lists” including the highly successful Young Entrepreneurs Rich List over at RetireAt21.com

Today I have compiled a list of the Top Young Entrepreneurs Making Money Online – aged under 25 – these are really impressive individuals, both as business people and as human beings. Of course you will already know some of these names (Matt Mullenweg and Mark Zuckerberg for example) but there should be some that are NEW to you as well.

All of these young entrepreneurs are having a tremendous impact on the world – and we all have so much to learn from them.

Talking of impact, I am very pleased to announce that Yanik Silver is adding a “Young Mogul Day” to his now famous annual “Underground Online Seminar”. What is more I will be working closely with Yanik to make this one of the best young entrepreneur events ever – with some of the world’s most incredible top young entrepreneurs already booked to speak. (Any of you young entrepreneurs who got attended Yaniks last UNDERGROUND back in February already know what a Top Notch event this is) Expect to hear more news about this soon.

Finally — watch out for a BIG UPDATE at RetireAt21.com in the near future – we are currently doing a huge redesign with some amazing new content, including profiles of some of the world’s best up and coming young entrepreneurs.

Enjoy the list – let me know what you think — and is there a Young Entrepreneur that you know / admire who I have missed of this list?

To Our Success

Michael

#1. Mark Zuckerberg (25 Years Old)

Website: http://www.facebook.comWhy They Matter: Mark is at the top of our list for two HUGE reasons, he is the world’s youngest billionaire and he runs the world’s largest social networking website which is actually the second most visited site in the whole world, not bad for 25 years, is it?

* * * * *

#2. Matt Mullenweg (25 Years Old)

Website: http://wordpress.comWhy They Matter: Matthew Mullenweg is the founder of WordPress, the software that runs this blog and millions of others out there. Without Matthew, you probably wouldn’t be at this website right now because I wouldn’t as fond with blogging without his genius, easy to use blogging software. He has been offered over $250,000,000 for his company which he turned down.

* * * * *

#3. Pete Cashmore (24 Years Old)

Website: http://mashable.comWhy They Matter: Pete Cashmore makes our list because he runs on of the world’s top blogs which is about all that is new on the web. With over 1,600,000 Twitter followers and 300,000 RSS readers, you know this guy is running something big!

* * * * *

#4 & 5. Aaron Levie and Dylan Smith (23 & 22 Years Old)

Website: http://box.netWhy They Matter: Box.net founded in 2005 was originally launched as a college project to share and store any type of file, and make it accessible from anywhere in the world with an internet connection. The company nearly has 2 million users on the service, and netted a $6 million in venture capital.

* * * * *

#6. David Karp (22 Years Old)

Website: http://www.tumblr.comWhy They Matter: Tumblr is a blogging platform that anyone can use. The service was built with customization and ease of use in mind. Karp invested money into the company from his previous job as a software consultant at a parenting website. Tumblr raised $5.25 million in funding from various investors, including 2 lead investors with the popular social network Twitter.

* * * * *

#7 & 8. Catherine & David Cook (19 & 21 Years Old)

Website: http://myyearbook.comWhy They Matter: Catherine and her brother, David started MyYearBook back in 2005 and have grown it to become America’s third largest social network and since raising $17.1 million in two rounds of investment has become profitable!

* * * * *

#9. Sean Belnick (23 Years Old)

Website: http://www.bizchair.comWhy They Matter: Sean is a real entrepreneur, at 14 years old, he locked himself in his bedroom and 3 days later, his business was born! Now he is earning over $50,000,000 a year selling business chairs online. Sean has been an inspiration to young people around the world trying to sell online!

* * * * *

#10. Matt Mickiewicz (25 Years Old)

Website: http://www.sitepoint.com http://www.99designs.com and http://www.flippa.comWhy They Matter: Matt is an inspiration to thousands of webmasters around the world, whether it’s their first website or their 20th most people would have visited Sitepoint to learn how to improve their website. Sitepoint has evolved from the website to learn about web design to anything from selling your website for a million dollars, buying books on coding the perfect contact page, to hiring someone to create your twitter background.

* * * * *

#11. Noah Everett (24 Years Old)

Website: http://twitpic.comWhy They Matter: Noah is the founder of the popular image upload website, TwitPic. His website has grown with the growth of the social media website Twitter and is now one of the top 200 websites in the world according to Alexa. Surprisingly Noah works from home, which is also where he powers his servers that have to deal with millions of pages a day!

* * * * *

#12. Ryan Allis (25 Years Old)

Website: http://www.icontact.comWhy They Matter: Ryan who is just 25 years old runs iContact.com and email marketing service that expects to turn over $25,000,000 this year. With over 55,000 customers paying a monthly FREE, Ryan has build a membership program where he has been able to offer an unbelievable service and at the same time build a continuity program that should never end.

* * * * *

#13. Jon Wheatley (22 Years Old)

Website: Why They Matter: Jon runs a great social networking website called DailyBooth which basically lets you snap a picture every day and it puts it all together in a little video. The site has really evolved since launching earlier in the year has got over $1million in funding from big names such as Digg co-founder Kevin Rose and Flickr co-founder Caterina Fake.

* * * * *

#14. Neil Patel (24 Years Old)

Website: http://www.quicksprout.com & http://www.crazyegg.comWhy They Matter: Neil Patel is the co-founder of 2 Internet companies: Crazy Egg, and KISSmetrics. Through these 2 companies he has helped large corporations such as AOL, General Motors, Hewlett-Packard and Viacom make more money from the web. By the age of 21 not only was Neil named a top 100 blogger by Technorati, but he was also one of the top influencers on the web according to the Wall Street Journal. The thing that really makes Neil stand out as a top young entrepreneur is how he got a lot of the top blogs in the world to permanently link to his site.

* * * * *

#15. Kieran O’Neill (22 Years Old)

Website: http://www.psu.com and http://www.playfire.comWhy They Matter: Kieran is 22 years old and is a serial internet entrepreneur with three huge successes online so far! Kieran sold his first website online for $1.25 Million at the age of 19 and now has launched a new gaming social network which he raised over $1 Million in venture capital investment for as well as still running one of the world’s largest PlayStation fan sites.

* * * * *

#16. Blake Ross (24 Years Old)

Website: http://www.mozilla.comWhy They Matter: Blake is an American software developer, who is probably best known for starting the Mozilla Firefox project. Firefox was released in 2004, when Ross was 19 years old. Firefox got over 100 Million downloads within its first year of being on the market!

* * * * *

#17 & 18. Eric & Susan Gregg Koger (24 & 25 Years Old)

Website: http://www.modcloth.comWhy They Matter: ModCloth started as a small clothing business that Eric and Susan started when they left high school. They continued the business at university, shipping clothing items from their dorm room. When they graduated from uni in 2006, they decided to pursue the business, and since then it has grown into a huge success.

* * * * *

#19. Anthony Volodkin (23 Years Old)

Website: http://hypem.comWhy They Matter: The Hype Machine keeps track of music discussion on blogs around the world. It lets people discover, listen and buy music that bloggers are writing about.

* * * * *

#20. Ashley Qualls (20 Years Old)

Website:http://www.whateverlife.comWhy They Matter: Ashley Qualls who is already a multi-millionaire, and has taken the young entrepreneurs world by storm. Aged just 14, Ashley created WhatEverLife.com, a Myspace layouts site aimed at the female demographic, the site at its peak received over 250,000 visitors every single day, which is more than teen magazines such as Teen Vogue, Seventeen & Cosmogirl… combined. Ashley doesn’t charge users to use the site, instead, she strategically places ads on the site, and around 60% of her monthly income comes from Google Adsense.

* * * * *

#21. Juliette Brindak (20 Years Old)

Website: http://www.missoandfriends.comWhy They Matter: Juliette first came up with the idea of Miss O and Friends ten years ago when she was 10 years old. Her business is now worth over $19 Million, and is visited by millions of girls every month. In 2006, Juliette released a book, and since then has sold over 120,000 copies of it!

* * * * *

#22 & 23. Sam Tarantino & Josh Greenberg (Both 23 Years Old)

Website: http://listen.grooveshark.comWhy They Matter: GrooveShark was launched in private beta in early 2007, and is now a huge online music search engine and streaming service. GrooveShark employs 40 people (as of december 2007) and is part of the Escape Media Group which was formed in march 2006.

* * * * *

#24, 25 & 26. Elliott Breece, Joshua Boltuch & Elias Roman (All 25 Years Old)

Website: http://amiestreet.comWhy They Matter: Amie Street is a music website, where the community decided the price of the music. Every song on the website starts at a very low price, sometimes free, and then increases up to prices of 98 cents depending on how many people purchase it.

* * * * *

#27. Richard Ludlow (22 Years Old)

Website: http://academicearth.orgWhy They Matter: Richard is the founder and CEO of Academic Earth, a website that provides full video courses from leading universities. Academic Earth was included in Time Magazines top 50 websites of 2009 list, along with companies such as Google, Amazon and Facebook.

* * * * *

#28. Kristopher Tate (21 Years Old)

Website: http://www.zooomr.comWhy They Matter: Kristopher is the co-founder of photo sharing website, Zooomr. The popular website service was created in 2005, and since then has grown and had many new features implemented into it.

* * * * *

#29. Edmund Loh (23 Years Old)

Website: http://edmundloh.comWhy They Matter: Edmund started his internet business back in March 2005. He achieved success after selling other peoples ebooks online (with resale rights), and then went on to write his very own ebook, titled Edmund Loh’s Guide To Private Resale Rights. Since then, Edmund has written over 212 PLR titles.

* * * * *

#30. Shama Kabani (24 Years Old)

Website: http://clicktoclient.comWhy They Matter: Shama is an online marketing master. She is the president of Click To Client, a full service web marketing firm. Shama travels the world speaking at many conferences about internet marketing.

Related: Ryan Deiss – Young Entrepreneur Interview

The post Top Young Entrepreneurs Making Money Online appeared first on How To Make Money Online.