The Worlds Youngest Billionaires

    They're young, powerful and rich. Here's a look at some the world's billionaires under the age of 40.

    Prince Albert von Thurn und Taxis

    Net worth: $2.1 billion
    Age: 25

    This German prince reclaims the title of world's youngest billionaire as Facebook founder Mark Zuckerberg drops out of the billionaires' club. First appeared on our World's Billionaires list at age 8, but officially inherited his fortune in June 2001 on his 18th birthday. This eligible bachelor also tours with a German auto-racing league.

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    Sergey Brin

    Net worth: $12 billion
    Age: 35

    This Google co-founder continues to dominate search business despite facing strong headwinds. Brin is a professor's son who emigrated from Russia, and he met his business partner Larry Page in a computer science Ph.D. program at Stanford University.The duo dropped out in 1998 to start Google from a friend's garage.

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    Larry Page

    Net Worth: $12 billion
    Age: 36

    Also a professor's son, Larry Page heads Google's product division. He and Sergey Brin dropped out from Stanford in 1998 to start Google from a friend's garage. Initial financing came from angel investors K. Ram Shriram, Andy von Bechtolsheim, professor David Cheriton. Venture capital firms Kleiner Perkins Caufield & Byers and Sequoia Capital pitched in $25 million; everyone made billions when Google went public in 2004.

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    Andrey Melnichenko

    Net worth: $1 billion
    Age: 37

    Andrey Melnichenko is the son of a respected Soviet physicist who studied physics at Moscow State University. Andrey dropped out in 1993 and founded MDM Bank. He teamed up with Sergei Popov and accumulated an industrial empire of coal, fertilizer, and energy. He married Yugoslavian model and pop princess Aleksandra Nikolic and reportedly spent $2 million in 2007 for Jennifer Lopez to perform at her 30th birthday party.

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    John Arnold

    Net Worth: $2.7 billion
    Age: 35

    The youngest billionaire in America keeps getting richer. His Centaurus Energy hedge fund was said to be up 80 in 2008. He is an energy trader diversifying into hard assets of power plants and storage facilities. He was raised in Dallas and graduated in three years from Vanderbilt University. He became an oil trader at Enron in 1995 and founded Centaurus after Enron's bankruptcy.

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