John Arnold

Age: 34
Fortune: self made
Source: hedge funds
Net Worth: $1.15 bil 
Country Of Citizenship: United States
Residence: Houston, Texas , United States, North America
Industry: Investments
Marital Status: married,
Education: Vanderbilt University, Bachelor of Arts / Science
Raised by a lawyer dad and accountant mom, Arnold whizzed through Vanderbilt University in three years. He became an oil trader for Enron, supposedly earning $750 million for the company in 2001, when he was just 27. He went into business for himself after Enron collapsed a year later. Today he runs hedge fund Centaurus Energy.

Xiaofeng Peng

Age: 33
Fortune: self made
Source: solar energy
Net Worth: $2.5 bil 
Country Of Citizenship: China
Residence: Xinyu , China, Asia & Australia
Industry: Energy
Marital Status: married,
Education: Jiangxi Foreign Trade School, Diploma
Beijing University, Master of Business Administration
Started out with a trading company that blossomed into a family-run company that made safety products such as gloves and employed 12,000. He considered adding Chinese-made solar panels to his export wares when he realized that no Chinese company was producing wafers, a key component for solar cells that makes up 25% of their cost. In 2005 Peng began pouring $30 million of his own money and $80 million of venture financing into building factories in his native Jiangxi Province. Now nicknamed Light, this solar energy newcomer took his solar energy company, LDK Solar, onto Nasdaq in 2007. Has been a turbulent ride; dropped in October after an accounting officer who quit firm publicly alleged that LDK inflated inventory figures of a key raw material, polysilicon; The company and Peng have denied the allegations. Stock recovered but then dropped again.

Shivinder Singh, India

Age: 35/32
Fortune: inherited
Source: pharmaceuticals
Net Worth: $2.5 bil 
Country Of Citizenship: India
Residence: Dehli , India, Asia & Australia
Industry: Pharmaceuticals
Marital Status: married, 3 children
Education: St Stephen's College (India), Bachelor of Arts / Science
Duke University, Master of Business Administration
Brothers, both Duke University grads, control generic drug maker Ranbaxy Laboratories, founded by their grandfather. Malvinder is chief executive of Ranbaxy, which recently settled lawsuit with GlaxoSmithkline over marketing rights to generic version of herpes drug Valtrex. In February 2008 Ranbaxy's board approved spinoff of research arm into Ranbaxy Life Science Research. Shivinder runs Indian hospital chain Fortis Healthcare, which went public in 2007. Brothers also recently listed financial services arm, Religare Enterprises.

Begumhan Dogan Faralyali

Age: 31
Fortune: inherited
Source: media
Net Worth: $1.0 bil 
Country Of Citizenship: Turkey
Residence: Istanbul , Turkey, Middle East & Africa
Industry: Media/Entertainment
Marital Status: married,
Education: London School of Economics, Bachelor of Arts / Science
Stanford University, Master of Business Administration
A daughter of billionaires Aydin and Isil Dogan. Began career as Arthur Andersen consultant in New York and later advised Europe's leading media and technology firms. Rejoined family media business in Turkey by establishing corporate communications department of Dogan Holding and became its president.

Aymin Hariri, Saudi Arabia

Age: 29
Fortune: inherited
Source: innheritance
Net Worth: $2.3 bil 
Country Of Citizenship: Saudi Arabia
Residence: Riyadh , Saudi Arabia, Middle East & Africa
Industry: Technology
Marital Status: married, 1 child
Education: Georgetown University, Bachelor of Arts / Science
Son of slain Lebanese prime minister Rafik Hariri, who left behind a $16.7 billion estate in 2006. Now based in Riyadh, helps watch over family construction and investment company Saudi Oger for older brother Saad Hariri, the Lebanese parliamentary majority leader. Plus has hands in U.S. government contracting: cofounded and chairs identity management software firm Epok, based outside Washington, D.C., which sells to federal and state customers.

Fahd Hariri, Lebanon

Age: 27

Fortune: inherited
Source: inheritance
Net Worth: $2.3 bil 
Country Of Citizenship: Lebanon
Residence: Paris , France, Europe & Russia
Industry: Diversified
Marital Status: single,
Education: NA
Youngest brother of Saad Hariri, the Lebanese parliamentary majority leader; older brothers Bahaa and Aymin and mother, Nazek, are all also billionaires. Owns a stake in family businesses including construction, banking and media holdings. He serves on board of Beirut's Future Television Network, a terrestrial and satellite TV network. Also runs a fledgling design studio for furniture and other wares in Paris, where sister Hind and mother also live.

Yang Huiyan, China

Age: 26
Fortune: inherited
Source: real estate
Net Worth: $7.4 bil 
Country Of Citizenship: China
Residence: Shunde , China, Asia & Australia
Industry: Real Estate
Marital Status: married,
Education: Ohio State University, Bachelor of Arts / Science
Daddy's girl received 58% stake in real estate developer Country Garden from its main founder, her father, Yeung Kwok Keung. She's now China's richest woman. Not much else known about her other than the fact she is an Ohio State grad and her wedding video is posted on YouTube.

Albert von Thurn und Taxis

Name: Albert von Thurn und Taxis
IndName-Link: billionaires08_The-Worlds-Billionaires-Diversified_5Rank.html
Region-Link: billionaires08_The-Worlds-Billionaires-Europe-Russia_6Rank.html
StateCode-Link: billionaires08_The-Worlds-Billionaires-_Rank.html
Name - Proper: Albert von Thurn und Taxis
Hometown: Regensburg
Self Made: inherited
Networth - final (total worth overall) : $2.3 bil
Hometown State: NA
Country - Permanent resident of: Germany
Children - Number of: NA
Divorces - Number of: 0
Undergraduate - School and Degree: NA
Biography: The youngest billionaire in the world for years, slips to third place. Prince Albert von Thurn und Taxis appeared briefly in Forbes ranks at age 8 but officially inherited fortune on his 18th birthday in June 2001. Went to high school in Rome; studied economics and theology in Scotland. But hardly needs to work. Assets include real estate, art and a tech company. His 30,000 hectares of woodland in Germany is considered one of the largest forest holdings in Europe. Lives in a family castle, Schloss Emmeram, with his mother, Gloria, and older sisters Maria Theresia and Elisabeth. Racecar driver, tours with a German auto-racing league

Hind Hariri, Lebanon

Age: 24
Fortune: inherited
Source: inheritance
Net Worth: $1.1 bil 
Country Of Citizenship: Lebanon
Residence: Beirut , Lebanon, Middle East & Africa
Industry: Diversified
Marital Status: single,
Education: NA
Youngest child of slain Lebanese Prime Minister Rafik Hariri (see brothers Bahaa, Saad, Fahd and Ayman) inherited stake in family's construction, banking and media holdings. Graduated in 2006 from the Lebanese American University in Beirut. Sticks close by mother Nazek in Paris, where she attracted attention during recent fashion shows. Confessed to fashion rag Women's Wear Daily: "Couture is for when I am representing my family. I'm more into pret-a-porter." At 24, one of the world's youngest billionaires.

Mark Zuckerberg, U.S

Age: 23
Fortune: self made
Source: Facebook
Net Worth: $1.5 bil 
Country Of Citizenship: United States
Residence: Palo Alto, California , United States, North America
Industry: Technology
Marital Status: single,
Education: Harvard University, Drop Out
Tech's newest golden boy founded addictive social networking site Facebook in February 2004 from his Harvard dorm room. Left school for Silicon Valley later that year; scored initial $500,000 investment from PayPal cofounder Peter Thiel. Venture firms soon swooned, among them Accel Partners and Greylock Partners. Today Facebook boasts 66 million active users. Estimated annual sales: $150 million. Expanding beyond being a college-only message system and photo album; now courting users to 55,000 different high school, business and city networks. Problems with privacy: installed "News Feed" in 2006; program automatically alerted users' friends to changes they made to their profiles. Outcry over privacy concerns led company to backpedal; Zuckerberg issued apology. Similar controversy ensued after release of Facebook Beacon late last year; program automatically alerted friends of activities on selected outside sites, including eBay and Fandango. Microsoft bought 1.6% stake for $240 million last October; deal led many to suggest the company is worth $15 billion. Some analysts—and even a few Facebook investors—suggest the company's value is far lower.

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