Ho hum. So Michael Dell, chairman and founder of Dell Computer is No. 1--again--on Fortune's annual "40 Richest Under 40" list. But not for long! Mr. Dell is 39. No matter how much money he makes this year, he's outta here next year so for the first time since the list was created in 1999, there will be a new face in the lead.
The much-watched list is a compendium of the best and the brightest. They are all young, fabulously wealthy, and either enormously brainy, savvy, or talented (or all three). Fully one-third of those on the list are just like Michael Dell; they've been on it since it originated. Success breeds more success.
Still, there is rich and then there is stinking rich. The difference in the personal fortune of No. 1 and No. 40 is immense. Dell's wealth is pegged at a staggering $17.95 billion. No. 40, basketball player Kevin Garnett of the Minnesota Timberwolves, has a mere $106 million bank account.
There are some newcomers to this list, notably mogulettes Mary-Kate and Ashley Olsen, who came into their considerable TV and movie fortune on their recent 18th birthday, along with Jennifer Lopez, Jay-Z, and Jeff Gordon. Squeezing in at No. 38 is first-timer Britney Spears.
Here's the list of America's 40 richest kids, all of whom are under 40 years old:
1. Michael Dell, 39, $17.95 billion
Chairman/Founder of Dell Computer
2. Pierre Omidyar, 37, $10.05 billion
Chairman/Founder of eBay
3. Jeff Skoll, 39, $4.69 billion
Chairman/Founder of the Skoll Foundation
4. Larry Page, 31, $4.19 billion
President, Products/Co-Founder of Google
5. Sergey Brin, 31, $4.17 billion
President, Technology/Co-Founder of Google
6. Jerry Yang, 35, $2.81 billion
Chief Yahoo/Co-Founder of Yahoo
7. David Filo, 38, $2.57 billion
Chief Yahoo/Co-Founder of Yahoo
8. Ken Griffin, 35, $1 billion
President/Founder of the Citadel Investment Group
9. Dan Snyder, 39, $823 million
Chairman/Principal Owner of the Washington Redskins
10. Marc Benioff, 39, $376 million
Chairman/CEO of Salesforce.com
11. Jeffrey Citron, 34, $346 million
Chairman/CEO/Co-Founder of Vonage
12. Elon Musk, 33, $328 million
CEO/Founder/CTO, Space Exploration Technologies
13. Sean Combs (P. Diddy), 34, $315 million
Chairman/CEO/Founder of Bad Boy Entertainment
14. Tiger Woods, 28, $295 million
Golfer
15. Halsey Minor, 39, $286.1 million
Chairman/CEO/Founder of Grand Central Communications
16. Shawn Carter (Jay-Z), 34, $286 million
Co-Founder of Roc-a-Fella Enterprises
17. Jerry Greenberg, 38, $278 million
Co-Chairman/Co-CEO/Co-Founder of Sapient
18. Raul Fernandez, 38, $263 million
Chairman/CEO of ObjectVideo
19. Jennifer Lopez, 35, $255 million
Actress/Singer/Co-Owner Sweetface Fashion
20. Marc Andreessen, 33, $253 million
Chairman/Co-Founder of Opsware
21. Joe Liemandt, 36, $234 million
President/CEO/Founder of Trilogy
22. Shaquille O'Neal, 32, $222 million
Basketball Player, Miami Heat
23. Michael Robertson, 37, $220 million
CEO/Founder of Linspire
24. Marc Ewing, 35, $217 million
Publisher of Alpinist magazine
25. Julia Roberts, 36, $212 million
Actress
26. Will Smith, 35, $188 million
Actor/Rapper
27. Andre Agassi, 34, $162 million
Tennis Player
28. Jared Polis, 29, $160 million
Chairman/Member at Large of the Colorado State Board of Education
29. Jeff Gordon, 33, $155 million
NASCAR Racer
30. Sudhakar Ravi, 39, $137.1 million
Retired
31. Ashley Olsen, 18, $137 million
Actress/Co-President of DualStar Entertainment
31. Mary-Kate Olsen, 18, $137 million
Actress/Co-President of DualStar Entertainment
33. John MacFarlane, 38, $136 million
CEO of Sonos.com
34. Jeffrey Zients, 37, $132 million
Chairman Advisory Board Co.
35. Sreekanth Ravi, 37, $131 million
Retired
36. Paul Gauthier, 32, $129 million
Retired
37. W. Glen Boyd, 37, $125 million
Retired
38. Britney Spears, 22, $123 million
Entertainer
39. Michael Saylor, 39, $113 million
Chairman/CEO/Founder of MicroStrategy
40. Kevin Garnett, 28, $106 million
Basketball Player, Minnesota Timberwolves
The much-watched list is a compendium of the best and the brightest. They are all young, fabulously wealthy, and either enormously brainy, savvy, or talented (or all three). Fully one-third of those on the list are just like Michael Dell; they've been on it since it originated. Success breeds more success.
Still, there is rich and then there is stinking rich. The difference in the personal fortune of No. 1 and No. 40 is immense. Dell's wealth is pegged at a staggering $17.95 billion. No. 40, basketball player Kevin Garnett of the Minnesota Timberwolves, has a mere $106 million bank account.
There are some newcomers to this list, notably mogulettes Mary-Kate and Ashley Olsen, who came into their considerable TV and movie fortune on their recent 18th birthday, along with Jennifer Lopez, Jay-Z, and Jeff Gordon. Squeezing in at No. 38 is first-timer Britney Spears.
Here's the list of America's 40 richest kids, all of whom are under 40 years old:
1. Michael Dell, 39, $17.95 billion
Chairman/Founder of Dell Computer
2. Pierre Omidyar, 37, $10.05 billion
Chairman/Founder of eBay
3. Jeff Skoll, 39, $4.69 billion
Chairman/Founder of the Skoll Foundation
4. Larry Page, 31, $4.19 billion
President, Products/Co-Founder of Google
5. Sergey Brin, 31, $4.17 billion
President, Technology/Co-Founder of Google
6. Jerry Yang, 35, $2.81 billion
Chief Yahoo/Co-Founder of Yahoo
7. David Filo, 38, $2.57 billion
Chief Yahoo/Co-Founder of Yahoo
8. Ken Griffin, 35, $1 billion
President/Founder of the Citadel Investment Group
9. Dan Snyder, 39, $823 million
Chairman/Principal Owner of the Washington Redskins
10. Marc Benioff, 39, $376 million
Chairman/CEO of Salesforce.com
11. Jeffrey Citron, 34, $346 million
Chairman/CEO/Co-Founder of Vonage
12. Elon Musk, 33, $328 million
CEO/Founder/CTO, Space Exploration Technologies
13. Sean Combs (P. Diddy), 34, $315 million
Chairman/CEO/Founder of Bad Boy Entertainment
14. Tiger Woods, 28, $295 million
Golfer
15. Halsey Minor, 39, $286.1 million
Chairman/CEO/Founder of Grand Central Communications
16. Shawn Carter (Jay-Z), 34, $286 million
Co-Founder of Roc-a-Fella Enterprises
17. Jerry Greenberg, 38, $278 million
Co-Chairman/Co-CEO/Co-Founder of Sapient
18. Raul Fernandez, 38, $263 million
Chairman/CEO of ObjectVideo
19. Jennifer Lopez, 35, $255 million
Actress/Singer/Co-Owner Sweetface Fashion
20. Marc Andreessen, 33, $253 million
Chairman/Co-Founder of Opsware
21. Joe Liemandt, 36, $234 million
President/CEO/Founder of Trilogy
22. Shaquille O'Neal, 32, $222 million
Basketball Player, Miami Heat
23. Michael Robertson, 37, $220 million
CEO/Founder of Linspire
24. Marc Ewing, 35, $217 million
Publisher of Alpinist magazine
25. Julia Roberts, 36, $212 million
Actress
26. Will Smith, 35, $188 million
Actor/Rapper
27. Andre Agassi, 34, $162 million
Tennis Player
28. Jared Polis, 29, $160 million
Chairman/Member at Large of the Colorado State Board of Education
29. Jeff Gordon, 33, $155 million
NASCAR Racer
30. Sudhakar Ravi, 39, $137.1 million
Retired
31. Ashley Olsen, 18, $137 million
Actress/Co-President of DualStar Entertainment
31. Mary-Kate Olsen, 18, $137 million
Actress/Co-President of DualStar Entertainment
33. John MacFarlane, 38, $136 million
CEO of Sonos.com
34. Jeffrey Zients, 37, $132 million
Chairman Advisory Board Co.
35. Sreekanth Ravi, 37, $131 million
Retired
36. Paul Gauthier, 32, $129 million
Retired
37. W. Glen Boyd, 37, $125 million
Retired
38. Britney Spears, 22, $123 million
Entertainer
39. Michael Saylor, 39, $113 million
Chairman/CEO/Founder of MicroStrategy
40. Kevin Garnett, 28, $106 million
Basketball Player, Minnesota Timberwolves

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