Forbes 2025: The Richest Self-Made Billionaires Under 40

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The Forbes 2025 list of self-made billionaires under 40 highlights 71 young entrepreneurs whose combined fortune reaches $218 billion. Leading the chart is Edwin Chen, whose wealth of $18 billion comes largely from his success in the artificial intelligence industry. Among Indian entrepreneurs, Nikhil Kamath stands out as the only India-based billionaire in the top 20, with a net worth of $3.3 billion, showcasing India’s growing presence in fintech and innovative startups.

Technology and AI: Engines of Wealth

Edwin Chen, 38, is the founder of Surge AI, established in 2020. The company helps businesses manage and organize data for AI applications, fueling Chen’s rise to the top of the list. Technology-driven ventures, especially AI, account for nearly half of the new billionaires this year. Since March 2025, 27 new young billionaires have been added to the rankings, signaling the continued dominance of tech in wealth creation among under-40 entrepreneurs.

Nikhil Kamath: India’s Top Young Billionaire

Nikhil Kamath co-founded Zerodha in 2010 alongside his brother Nithin Kamath. Zerodha has grown into one of India’s largest brokerage firms, transforming how retail investors trade in the stock market. Kamath’s inclusion in the top 20 underscores India’s expanding fintech ecosystem and the rising global impact of its startup sector.

Global Leaders: Top 10 Young Billionaires

The ten wealthiest self-made entrepreneurs under 40, across various sectors, include:

• Edwin Chen (USA) – $18B, AI

• Wang Ning & family (China) – $15.7B, Toys

• Patrick Collison (Ireland) – $10.1B, Payments

• John Collison (Ireland) – $10.1B, Payments

• Justin Sun (St. Kitts & Nevis) – $8.5B, Cryptocurrency

• Cliff Obrecht (Australia) – $7.6B, Software

• Melanie Perkins (Australia) – $7.6B, Software

• Vlad Tenev (USA) – $6.6B, Stock Trading App

• Cai Haoyu (China) – $6B, Mobile Games

• Timur Turlov (Kazakhstan) – $5.9B, Stock Brokerage

The list also reflects regional diversity, with 32 Americans, eight Chinese, and six Indians, and includes eight women among the 71 billionaires.

Wealth Trends Among Young Entrepreneurs

The total combined net worth of these 71 self-made billionaires is $218 billion, roughly half the $444 billion recorded in 2021 during the pandemic market surge. Technology remains the primary source of wealth creation, with 48 billionaires in tech, 12 in finance, and AI startups contributing significantly to new fortunes.

About Forbes’ Billionaires Ranking

The Forbes World’s Billionaires List is published annually, ranking the wealthiest individuals based on current net worth. It includes both self-made entrepreneurs and those with inherited wealth across sectors such as technology, finance, retail, and manufacturing. The under-40 list specifically spotlights young individuals who built their wealth independently, providing a glimpse into emerging global business trends and innovative industries shaping the future.

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