Forbes has revealed that 2023 saw an extraordinary surge of over 40% in the net worth of tech entrepreneurs. John Collison, co-founder of Stripe, experienced significant growth, with his net worth increasing from £3 billion ($5 billion) to approximately £5 billion ($7 billion). This year marked a pivotal moment as AI gained mainstream traction, driving substantial economic expansion.
In this AI-dominated economy, Mindstream, experts in AI, have compiled a list of the top “40 under 40” richest individuals in AI, as identified by Forbes Billionaires and Forbes Real-Time Billionaires, all possessing net worths exceeding US$1 billion.
The list underscores the vast opportunities within this sector and AI’s ongoing influence across various industries.
Key highlights:
- The collective net worth of these young billionaires is about £120 billion ($153 billion), heralding a new era of technological advancement where AI not only drives innovation but also generates substantial wealth and influence.
- Among the forty individuals, five are women, with one among the top five wealthiest under 40.
- The youngest member of the list, 19-year-old Livia Voigt, holds a £700 million ($1 billion) stake in the industrial machinery firm, WE.
- These young billionaires represent diverse countries, including the United Kingdom, United States, Australia, China, India, Canada, and South Korea, spanning a wide array of industries such as technology, investments, and manufacturing.
Top 5 40 under 40 Richest People in AI:
- Leading the list is Jude Gomila, a 39-year-old entrepreneur from London. His AI startup, Golden.com, boasts an impressive net worth of around £39 billion ($51 billion) and has garnered significant acclaim within the industry. Gomila’s journey is a shining example of the potential of AI entrepreneurship.
- Pavel Durov, often called the Zuckerberg of Russia, comes in second. At 39, this entrepreneur has a net worth of around £12 billion ($15 billion). His messaging app, Telegram, has transformed the digital landscape with its innovative AI features, offering a glimpse into the future of AI technology.
- John Collison, aged 33, and Patrick Collison, aged 35, occupy the third and fourth spots, each with net worths of around £5 billion ($7 billion). These Irish entrepreneurs have utilised AI and machine learning to propel their e-commerce platform, Stripe, to extraordinary success.
- Marita Cheng, the only woman in the top five, ranks fifth. At 35, Cheng has amassed an estimated £3 billion ($5 billion) as the founder and CEO of Aubot, a company developing robotics solutions for individuals with disabilities. Her pioneering work in robotics and AI underscores the transformative impact of AI-driven innovation on quality of life.
Adam Biddlecombe, CEO of Mindstream, stated, “We live in an era where AI is not only leading to technology disruptions but also quickly creating wealth and opportunities. The surging net worth among tech entrepreneurs further makes a case for the employability impact created by AI worldwide. This list celebrates, therefore, not just the remarkable success of these young innovators but will inspire future generations to take advantage of the potential of AI for positive change.”
The Full List of 40 Under 40 Richest People in AI:
| Ranking | Name | Age | Net Worth | Source of Wealth | Country |
|---|---|---|---|---|---|
| 1 | Jude Gomila | 39 | $51 Billion | Golden.com | USA |
| 2 | Pavel Durov | 39 | $15.5 Billion | Telegram Messenger | Russia |
| 3 | John Collison | 33 | $7.3 Billion | Stripe | Ireland |
| 4 | Patrick Collison | 35 | $7.2 Billion | Stripe | Ireland |
| 5 | Marita Cheng | 35 | $5 Billion | Aubot | Australia |
| 6 | Clemente del Vecchio | 20 | $4.8 Billion | EssilorLuxottica | Italy |
| 7 | Michal Strnad | 31 | $4.5 Billion | Czechoslovak Group (CSG) | Czech Republic |
| 8 | Cliff Obrecht | 38 | $4.4 Billion | Canva | Australia |
| 9 | Melanie Perkins | 37 | $4.4 Billion | Canva | Australia |
| 10 | Evan Spiegel | 33 | $3.7 Billion | Snapchat | USA |
| 11 | Sriharsha Majety | 38 | $3.6 Billion | Swiggy | India |
| 12 | Bobby Murphy | 35 | $3.5 Billion | Snapchat | USA |
| 13 | Chen Tianshi | 39 | $3.1 Billion | Cambricon Technologies | China |
| 14 | Chen Tianshi | 39 | $2.7 Billion | Revolut | London, UK |
| 15 | Dylan Field | 32 | $2 Billion | Figma Inc | USA |
| 16 | Johnny Boufarhat | 29 | $1.9 Billion | Hopin | UK |
| 17 | Austin Russel | 29 | $1.7 Billion | Luminar | USA |
| 18 | Joe Lau | 34 | $1.5 Billion | Alchemy | USA |
| 19 | Nikil Viswanathan | 36 | $1.5 Billion | Alchemy | USA |
| 20 | Ivan Zhao | 37 | $1.5 Billion | Notion | Canada |
| 21 | Chris Wanstrath | 39 | $1.4 Billion | GitHub | USA |
| 22 | Brett Adcock | 37 | $1.4 Billion | Figure | USA |
| 23 | Baiju Bhatt | 39 | $1.3 Billion | Robinhood | USA |
| 24 | Roy Reznik | 35 | $1.2 Billion | Wiz | Israel |
| 25 | Martin Klenk | 37 | $1.2 Billion | Celonis | Germany |
| 26 | Stanley Tang | 32 | $1.2 Billion | DoorDash | USA |
| 27 | Andy Fang | 33 | $1.2 Billion | DoorDash | USA |
| 28 | Kim Jung-min | 22 | $1.2 Billion | Nexon | South Korea |
