Posted by: Bevs | August 20, 2008

Next Generation Billionaires

Here they go again, BILLIONAIRES, they’re everywhere…I’m sure some of us dream of being one. But me? Not thinking about that yet. Having fortunes like them also means huge responsibility and needs security not only for their $$$ but most importantly for themselves.

Here are the current list of the next generation of Billionaires from Forbes.com.

Tiger Woods- When the golf champion returns to the links from a knee injury, he’ll continue a financial rise that could crown him the first billionaire to make his money through sports. We predict it could happen as soon as 2011 because of Tiger’s lucrative endorsement deals.

Roelof Botha- another to keep an eye on. The 34-year-old venture capitalist at Sequoia Capital hit a grand slam with an early investment in YouTube. The deal yielded a 65-fold return for Sequoia, a storied firm that also employs current billionaire Michael Moritz.

Chase Coleman- His Tiger Global fund reportedly returned over 70% after fees last year, a performance over six times better than the hedge fund average. One estimate pegged Coleman’s earnings from his banner year as high as $400 million.

Nishita Shah- She’s just 28 but is one of the richest people in Thailand because of her stake in her family’s sprawling business empire. Last month we estimated her net worth at $375 million. When the stunning heiress is not poring over financial reports or gracing the pages of Thai magazines, she’s planning her upcoming fashion line.

Tyler Perry- banked $125 million last year. The talented Perry, who produces, directs and acts in his creations, earned more than Jennifer Aniston, Tom Cruise and Bon Jovi combined. Building a billion-dollar fortune in the entertainment business is extraordinarily rare but certainly not impossible, as evidenced by Steven Spielberg, worth an estimated $3 billion, and George Lucas, worth an estimated $3.9 billion.

Read the rest of the article here…

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