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A secretive 24-year-old young woman took the title of the world’s youngest billionaire, according to latest rankings by Forbes Magazine.
After the list was released, many publications tried to get a photograph of Perenna Kei, the biggest shareholder of Logan Property Holdings, but could not manage a verifiable picture.
She has inherited wealth from her father, who runs a real estate business.
Unlike Kei, many people on the Forbes list are entrepreneurs, mainly in tech, who have made wealth through innovation and implementing their blockbuster ideas.
Here are the youngest billionaires in the world under the age of 40.
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Perenna Kei & family
Net worth: $1.3 billion
Age: 24
Residence: Hong Kong
Citizenship: Hong Kong
Kei owns 85 per cent of Logan Property Holdings through a family trust and multiple companies, and is also a non-executive director of the company.
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Dustin Moskovitz
Net worth: $6.8 billion
Age: 29
Residence: San Francisco, US
Citizenship: US
Dustin Moskovitz is the co-founder of Facebook. He is currently CEO and co-founder of Asana.
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Mark Zuckerberg
Net worth: $28.5 billion
Age: 29
Residence: Palo Alto, US
Citizenship: US
The CEO and co-founder of Facebook is the 15th richest person in the US and also features among the 25 most powerful people in the world.
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Anton Kathrein, Jr
Net worth: $1.35 billion
Age: 29
Residence: Germany
Citizenship: Germany
Anton Kathrein, Jr. is the third generation to lead his family's Kathrein-Werke AG, the oldest and largest antenna manufacturer in the world.
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Drew Houston
Net worth: $1 billion
Age: 30
Residence: San Francisco, US
Citizenship: US
Andrew W. "Drew" Houston is an American internet entrepreneur who is best known as Dropbox's founder and CEO.
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Albert von Thurn und Taxis
Net worth: $1.6 billion
Age: 30
Residence: Regensburg, Germany
Citizenship: Germany
He is a German aristocrat - the 12th Prince of Thurn and Taxis.
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Scott Duncan
Net worth: $6.3 billion
Age: 31
Residence: Houston, US
Citizenship: US
He is one of four heirs to a massive energy-pipeline fortune built by their late father. He is the only son of Lee Ellis and Dan Duncan who co-founded Enterprise Products Partners.
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Eduardo Saverin
Net worth: $4.1 billion
Age: 31
Residence: Singapore
Citizenship: Brazil
Eduardo Luiz Saverin is a Brazilian internet entrepreneur and investor. Saverin is one of five co-founders of Facebook, along with Mark Zuckerberg, Dustin Moskovitz, Chris Hughes, and Andrew McCollum.
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Yang Huiyan
Net worth: $6.9 billion
Age: 32
Residence: Foshan, China
Citizenship: China
Huiyan is China’s richest woman. She is currently vice chairman of realty firm Country Garden. Her source of wealth is her father’s stake in the company, which she received before the firm’s initial public offering.
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Fahd Hariri
Net worth: $1.2 billion
Age: 33
Residence: Paris, France
Citizenship: Lebanon
Fahd Hariri is the youngest son of slain Lebanese Prime Minister Rafik Hariri.
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Marie Besnier Beauvalot
Net worth: $2.7 billion
Age: 33
Residence: Laval, France
Citizenship: France
Marie, along with her siblings inherited French dairy giant Lactalis.
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Sean Parker
Net worth: $2.6 billion
Age: 34
Residence: New York, US
Citizenship: US
Sean Parker cofounded the file-sharing computer service Napster and served as the first president of the social networking website Facebook. He has also cofounded Plaxo, Causes, and Airtime.
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Julia Oetker
Net worth: $1.65 billion
Age: 35
Residence: Germany
Citizenship: Germany
Julia Oetker’s fortune comes from her holding in the company Dr. August Oetker KG, which she inherited.
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Robert Pera
Net worth: $2.7 billion
Age: 35
Residence: San Jose, US
Citizenship: US
Robert J. Pera is the founder and CEO of Ubiquiti Networks. He has also worked with as a wireless engineer with Apple,
Pera is also the principal owner of the Memphis Grizzlies of the National Basketball Association.
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Ayman Hariri
Net worth: $1.2 billion
Age: 35
Residence: Riyadh, Saudi Arabia
Citizenship: Lebanon
Ayman Hariri is the son of slain Lebanese Prime Minister Rafik Hariri. He manages Saudi Arabia’s biggest construction company Saudi Oger.
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Naruatsu Baba
Net worth: $2.2 billion
Age: 36
Residence: Tokyo, Japan
Citizenship: Japan
Naruatsu Baba is the founder of smartphone game maker Colopl and owns 59 per cent stake in the company.
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Yvonne Bauer & family
Net worth: $3.5 billion
Age: 36
Residence: Hamburg, Germany
Citizenship: Germany
Yvonne Bauer is the promoter of Bauer Media Group. The group publishes around 600 magazines in 37 countries. Her father, Heinz Bauer, had transferred 85 per cent stake in business to her.
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Lawrence Ho
Net worth: $3 billion
Age: 37
Residence: Hong Kong
Citizenship: Hong Kong
Lawrence Ho is the eldest son of Hong Kong- and Macau-based legendary casino businessman Stanley Ho. He is the Co-Chairman and Chief Executive Officer at Melco Crown Entertainment Limited.
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Yoshikazu Tanaka
Net worth: $1.6 billion
Age: 37
Residence: Tokyo, Japan
Citizenship: Japan
Yoshikazu Tanaka is a Japanese entrepreneur who is a developer of Social Networking Service GREE.
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Alejandro Santo Domingo Davila & family
Net worth: $11.1 billion
Age: 37
Residence:
Citizenship:
Alejandro inherited wealth from his father - the Colombian beer king Julio Mario Santo Domingo Pumarejo. Among various investments, his family owns 15 per cent in SABMiller. He is also the managing director of the New York-based Quadrant Capital Advisors, Inc.
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Jack Dorsey
Net worth: $2.2 billion
Age: 37
Residence: San Francisco, US
Citizenship: US
Jack Dorsey is an American web developer and businessman widely known as a co-founder and co-creator of Twitter, and as the founder and CEO of Square, a mobile payments company.
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Jan Koum
Net worth: $6.8 billion
Age: 38
Residence: Santa Clara, US
Citizenship: US
Jan Koum is CEO and co-founder of WhatsApp messenging app, which was acquired by Facebook for $19 billion.
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Nicholas Woodman
Net worth: $1.3 billion
Age: 38
Residence: Woodside, US
Citizenship: US
Nicholas "Nick" Woodman is the founder and CEO of GoPro, a brand of high-definition personal cameras used in extreme action video photography.
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Chase Coleman, III
Net worth: $1.6 billion
Age: 38
Residence: New York, US
Citizenship: US
Charles Payson Coleman III co-founded and runs an alternative money management business Tiger Global Management. He was was considered to be the most profitable hedge fund founder in 2011. The fund overseas around $13 billion.
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Yusaku Maezawa
Net worth: $1.25 billion
Age: 38
Residence: Chiba, Japan
Citizenship: Japan
Yusaku Maezawa is the founder of online retail website Zozotown.
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Rahel Blocher
Net worth: $2.9 billion
Age: 38
Residence: Wilen bei Wollerau, Switzerland
Citizenship: Switzerland
Rahel Blocher, along with sister Magdalena, are the promoter of EMS Group, which is in the business of high-performance polymers and specialty chemicals.
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John Arnold
Net worth: $2.9 billion
Age: 39
Residence: Houston, US
Citizenship: US
John Arnold is an American billionaire and former hedge fund manager who specialised in natural gas trading. He shocked the entire financial industry when he announced his retirement in 2012 at the age of 38.
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Jon Oringer
Net worth: $1.35 billion
Age: 39
Residence: US
Citizenship: US
Jon Oringer is an American entrepreneur and the founder of the popular microstock photography site Shutterstock. He is currently Shutterstock's CEO.
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Liu Qiangdong
Net worth: $2.7 billion
Age: 39
Residence: Beijing, China
Citizenship: China
Liu Qiangdong is founder and CEO of JD.com, the largest B2C online retailer in China by transaction volume.
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Ryan Kavanaugh
Net worth: $1 billion
Age: 39
Residence: Malibu, US
Citizenship: US
Ryan Kavanaugh is an American film producer and film financier. He is the founder and CEO of Relativity Media.
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Miriam Blocher
Net worth: $1.1 billion
Age: 39
Residence: Rheinfelden, Switzerland
Citizenship: Switzerland
Miriam Blocher is a major shareholder of Ems-Chemie, the Switzerland based speciality chemical company. In 2007, she purchased Swiss confectionary and baked goods company Lackerli-Huus.