This year the world’s youngest billionaires are a little older–and a lot poorer.
The world’s youngest tycoons may have sprouted a few gray hairs over the last year.
Amid the global recession, the Forbes list of the World’s Billionaires is smaller–and poorer–this year. As a result, the tiny club of billionaires age 40 and younger just got a whole lot smaller too. Last year, the world’s 20 youngest plutocrats were all under the age of 36. In 2009, their ages range from 25 to 40. The average age of the world’s 20 youngest billionaires is 35 this year, up from last year’s average of 32. The average net worth of billionaires age 40 and under is $2.9 billion, down 30% from last year’s average of $4.1 billion.