10 Unicorn Startups That Created Billionaires Of 2016

BENGALURU: When a business hits a profit, the impact is surely on the entrepreneur involved. Thus, the rise in number of unicorn startups is paving way for more successful entrepreneurs to appear. Their business is novel and also their role in it, yet it might be their innovative marketing trick or client handling that stands as the key to success.

Here’s a list of ten such billionaire entrepreneurs, whose unicorn startups got them both fame and money and has been listed by the Forbes for their cerebral achievements.

Uber

Valuation: $51 billion

Counted among one of the leading transportation solutions of the world, Uber began their journey in 2009 and has extended to 45 cities across the globe. The business was an initiative of Travis Kalanick and Garrett Camp, both a part of the Forbes billionaire list now. Uber’s first employee Ryan Graves is also a part of the billionaire crew at a net worth of $1.4billion.

Xiaomi

Valuation: $46 billion

Xiaomi Co-founder and CEO Lei Jun, more known as the Steve jobs of China, heads the world’s most valuable tech startup and owns 30pct stake of the company. Standing at the foremost position in China’s mobile space, Jun hopes to take over the global market space in the near future. After becoming Forbes Asian 2014 Businessman of the Year, this year he made it to the billionaire squad with a net value of $9.8 billion.

Airbnb

Valuation: $25.5 billion

The once struggling Co-founders of travel hospitality startup AirBnb, CEO Brian Chesky, CPO Joe Gebbia, and CTO Nathan Blecharczyk qualified to the Forbes billionaire list in 2015 when the company valued a total of $13 billion. This year, they continue to be a part of the Forbes record with each valuing the same of $3.3 billion.

Snapchat

Valuation: $16 billion

The college mates from Stanford University, Bobby Murphy and Evan Spiegel Co-founded photo and video messenger Snapchat that reached the highest of total valuation at $19 billion, with 100 million people using it daily. The duo is among the world’s youngest self-made billionaires.

Flipkart

Valuation: $15.2 billion

The only Indian unicorn that made it to the Forbes list, Flipkart presently values $15.2billion. The Bansal brothers who began their venture from a small apartment in Bangalore have now made it to the largest retailers in the country. Each of them made to the Forbes list with a net value of $1.2 billion.

Dropbox

Valuation: $10.4 billion

When our pendrives, hard disks and machines fail to stack digital craps, Dropbox is an immediate solution. A sound solution to digital storing, Dropbox faced many mutual fund cuts in 2015 which reduced the worth of both the company and it’s CEO. Yet, Dropbox Co-founder and CEO Drew Houston made it to the Forbes list, this time, with a reduction in net worth from previous year.

Palantir

Valuation: $20.5 billion

Palantir CEO Alexander Karp entered the Forbes billionaire list with the valuation of $1.2billion which has now shot up to $1.6billion.Palantir’s tech support aims in resolving all minor and major glitches organizations face in data mining. The startup became a unicorn in 2011, after being in business for quite some time.

Meituan – Dianping

Valuation: $18 billion

This is China’s largest online-to-offline e-commerce company resembling like Groupon of India or Yelp of U.S. The company’s net worth rose up to $18 billion and Meituan founder Wang Xing thereby entered the Forbes billionaire list. His present valuation is worth $2.5billion.

Didi Kuaidi

Valuation: $16.5 billion

This is CEO Cheng Wei’s first entry in the Forbes billionaire list. He is the mastermind behind Didi Kuaidi, one of the prominent transport startup of China. In 2015, the company completed 1.4 billion rides within the country which Uber had taken almost five years to achieve.

Pinterest

Valuation: $11 billion

First timers in the Forbes Billionaire list, Pinterest Co-Founders Ben Silbermann and Evan Sharp are worth $1.6 billion and $1 billion respectively. Their startup, a major hit among young techies has bagged funding from major venture firms like FirstMark Capital, Jack Abraham (Milo), Michael Birch (Bebo), Scott Belsky (Behance), Shana Fisher (Highline Venture Partners), Ron Conway (SV Angel), Kevin Hartz (EventBrite), Jeremy Stoppelman (Yelp) and more.

Source: TechGig.com