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The 2025 Billionaire Explosion: Why Young Wealth Is Hitting Unprecedented Heights

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December 29, 2025

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Editor’s note: After this episode was taped, Forbes uncovered two new self-made billionaires under age 40, bringing the total number of self-made billionaires under 40 to 71 and their combined wealth from $215 billion to $218 billion.

In this episode of Beyond the Billions, Deputy Editor Giacomo Tognini sits down with Forbes Deputy Editor Matt Durot to explore the high-stakes world of the new "40 Under 40" list. As the AI boom creates a nearly unprecedented surge in wealth, the duo discusses the 71 self-made billionaires under age 40 who currently command a combined $218 billion.

The conversation dives into the shifting demographics of global wealth, highlighting how 27 self-made newcomers under age 40 joined the billionaire ranks since March. From 22-year-old tech founders making history to the impact of the private markets on valuations, this episode provides an inside look at the entrepreneurs dominating tech and finance today.

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The 2025 Billionaire Explosion: Why Young Wealth Is Hitting Unprecedented Heights · Forbes · Sentinel