While other young billionaires earn their wealth through inheritance, four of the youngest billionaires who are included in the richest people in the world are self-made and are proving that skill and passion can help you win the race.
While Bill Gates is still the leader of the pack with a net worth of $75.1 billion, according to real-time data by Forbes, the young ones are having their equal share of the limelight.
Evan Spiegel, 25 years old, now holds the top spot as the youngest billionaire and 842nd spot on the richest people in the world list with a net worth of $2.1 billion, according to Forbes.
He is the co-founder and chief executive officer of Snapchat, according to Investopedia.
Snapchat is a messaging application that makes use of photos to communicate. Snapchat was valued at $19 billion in 2015. Spiegel is from Stanford University where he studied product design. That's where he also met his co-founder Bobby Murphy.
Bobby Murphy, 27-years old, co-founder of Snapchat, sits as the second youngest and 989th of the richest people in the world list, according to Forbes.
He studied mathematics and computational science, also at Stanford. He now has an estimated net worth of $1.8 billion.
Mark Zuckerberg, 31-years old, is the fourth youngest billionaire and is currently the sixth in the ranking of the richest people in the world, according to Forbes.
He is the most popular self-made billionaire who made it through social media, through Facebook, which is the most popular social media platform so far.
From the 16th spot in 2015, Zuckerberg now climbs at the 6th spot with a whopping net worth of $44.6 billion.
Last December, Zuckerberg and wife Priscilla Chan pledged to give away 99% of their wealth in their lifetimes, through their "Chan-Zuckerberg Initiative" organization, reported Business Insider.
Dustin Moskovitz, also 31-years old, is in the 5th youngest spot and is 116th in the richest people in the world list. He is purportedly the third employee of Facebook and has helped Zuckerberg launch the website, according to Investopedia.
He now has his own software firm, Asana, and has a current net worth of $9.2 billion, according to Forbes.