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Facebook Co-Founder Focuses on Start-Up Firm, Calls it as His Service to Humanity
Mark Zuckerberg remains the only Facebook originals involve in the day-to-day operations of the social networking giant - all the others have gone setting up their own tech babies following the attachment of numerous zeroes on their names.Wikicommons
Mark Zuckerberg
Desgination: Founder, Facebook Age: 27 Net Worth $17.5 B Source of Wealth: Facebook, self-made Residence: Palo Alto, CA Mark Zukerberg dropped out of Harvard and was instrumental in making Facebook the most successful networking site of the present time. He is the CEO of Facebook at present. Facebook recently filed paperwork to go public and analysts predicted a $100 billion valuation.REUTERS/Brian Snyder
Albert Von Thurn Und Taxis
Name: Albert Von Thurn Und Taxis Age: 28 Net Worth: $1.5 billion German prince lives in a castle with his familyWikicommons/Bardnet
Scott Duncan
Age: 29 Net Worth: $4.1 billion Source of Wealth: Pipelines Residence: Houston, TX This is a screenshot of Web site Enterprise Products, the pipeline company owned by Scott Duncan. Scott Duncan is one of four children of the late energy pipeline entrepreneur Dan Duncan, the former richest man in Houston, who died in 2010 at age 77. Scott added $1 billion to his fortune in the last year as the company Enterprise Products share price climbed by one-fourth.Enterprise Products Company
Eduardo Saverin
Name: Eduardo Saverin Age: 30 Net Worth: $2 billion Facebook co-founder living in SingaporeFacebook
Yang Huiyan
Age: 30 Net Worth: $4.7 billion Source of Wealth: real estate Residence: Guangdong, China Yang Huiyan is one of the major share-holders in real estate developer, Country Garden Holdings. Her father Yeung Kwok Keung, transferred his holding of the family's main fortune, shares in family-controlled real estate developer Country Garden Holdings to her ahead of the company's Hong Kong IPO in 2007. She had a wealth of $16.2 billion in 2007, but her fortune drastically dropped to $4.7 billion.REUTERS/China Daily
Fahd Hariri
Age: 31 Net Worth: $1.3 billion Source of Wealth: construction, investments Residence: Paris, France Fahd Hariri is the youngest son of slain Lebanese Prime Minister Rafic Hariri. He lives in Paris, where he got a degree in architecture. While still a student, he opened an interior design studio on the outskirts of the city, and sold furniture to clients in Saudi Arabia. He's now developing residential buildings in Beirut.REUTERS/Stringer
Sean Parker
Age: 32 Net Worth: $2.1 billion Source of Wealth: Facebook, self-made Residence: New York, NY Sean Parker was Facebook's first president. He co-founded Napster, a free online music service, along with co-founder, Shawn Fanning. After several oppositions and lawsuits from the recording industry, Napster was ordered to shut down. Parker isplanning to launch Airtime, the social video site, with Shawn Fanning by the end of 2012.He is also looking to fix the very music industry he helped break with Napster as an investor and board member of Swedish music platform, Spotify.REUTERS/Gonzalo Fuentes
Ayman Hariri
Age: 33 Net Worth: $1.3 billion Source of Wealth: construction, investments Residence: Riyadh, Saudi Arabia Ayman Hariri is the second-youngest son of slain Lebanese Prime Minister Rafik Hariri, who left behind a fortune now shared by his five children. On the board of Saudi Oger, he has overseen mega construction projects such as the Princess Noura Bint Abdulrahman University for Women, and the King Abdullah Financial District, both in Saudi Arabia.REUTERS/Jamal Saidi
Robert Pera
Age: 34 Net Worth: $1.5 billion Source of Wealth: Ubiquiti Networks, self-made Residence: San Jose, CA This is a screenshot of ubiquiti networks, a next-generation communications technology company founded in 2005. Apple hardware engineer turned wireless networking entrepreneur struck out on his own in 2005 with the goal of bringing affordable internet access to the world's emerging markets. Six years later, Pera became a billionaire when his Ubiquiti Networks went public in October 2011.Ubiquiti Networks

Forbes magazine released the list of youngest billionaires in the world Wednesday.

All the billionaires in the list are less than 40 years old. The youngest billionaire in the world is 27-year-old Dustin Moskovitz, who was one was a roommate of Facebook founder Mark Zuckerberg.

Moscovitz is just eight days younger than Mark Zukerberg. They both dropped out from school and moved to California to start the social networking site. Facebook currently has more than 500 million users.

Brazilian-born Eduardo Saverin, who is currently residing in Singapore, is one of the Facebook founders. He apparently sold his share from Facebook and has started to invest in startups including Qwiki and Jumio, which created the online payment Netswipe.  

Sean Parker, co-founder of Napster and former Facebook president, is also in the wealthy list. Ayman Hariri and Fahd Hariri, sons of slain Lebanese Prime Minister Rafic Hariri also made to the billionaires list. The top nine positions were retained by these youngest billionaires again this year. 

For the first time, Robert Pera, an engineer who left Apple and founded Ubiquiti Networks, a next-generation communications technology company, has made it to the wealthy list in 2012. 

Of the 20 in the list, only two young women made it to the list by inheriting their family property. China's young billionaire Yang Huiyan holds a major share in real estate developer, Country Garden Holdings, after her father Yeung Kwok Keung transferred his holding of the family's main fortune, shares in family-controlled real estate developer Country Garden Holdings, to her in 2007.

Another young billionaire is Yvonne Bauer, 34, who inherited a German mass-media company that was started in 1875. The media company currently publishes magazines in 15 countries worldwide including the U.S., Mexico, Russia and China.  

Information Courtesy: Forbes

Click Start to check out the list of top 10 youngest billionaires in the world.