Last year, FTX CEO Sam Bankman-Fried was considered the richest person under 30 years old.
Now, he's lost 94% of his wealth after the companies he founded, FTX and Alameda Research, went bankrupt. Bankman-Fried faces multiple investigations amid allegations that he misused customer funds.
Gary Wang, another co-founder of FTX, was on Forbes' list of billionaires under 30 this year. However, his net worth was calculated before the implosion of the company he helped found, and he is likely no longer a billionaire.
The rest of the list of billionaires under 30 for 2022 includes some who inherited wealth from their families and some who are self-made, including two founders of DoorDash, the food delivery platform.
Check out some of the youngest billionaires, according to Forbes, and where they made their wealth: