Forbes recently published a list of the world's youngest billionaires, and while they come from diverse backgrounds, there are several traits they share. Here are some characteristics of the world's youngest billionaires.

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Over half are entrepreneurs

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More than 50% of the under-40 billionaires on the list are self-made, with many coming from the tech industry. Mark Zuckerberg and Evan Spiegel, founders of Facebook and Snapchat, respectively, made the list, as did the founders of Airbnb, Stripe, and Uber. However, billionaires from manufacturing, design, and medical industries are also represented.

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Inheritance is common

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While many of the world's youngest billionaires are self-made, there are also many who inherited their wealth. For example, Gustav Magnar Witzøe, a 24-year-old heir to Norwegian fish farming company Salmar, inherited nearly half of the company from his father and is now worth $1.9 billion. Yang Huiyan, a 36-year-old heiress, inherited her father's real estate development company in China and is now worth over $21.9 billion. Sisters Alexandra and Katharina Andresen, aged 21 and 22, inherited 42% of their family-owned investment company, Ferd, giving each a net worth of $1.4 billion.

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Many dropped out of school to pursue their businesses

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Several of the world's youngest billionaires left school to focus on their business ventures. Evan Spiegel came up with the idea of Snapchat while in a product design class at Stanford, and officially dropped out in 2012 to focus on growing the app. Mark Zuckerberg dropped out of Harvard in 2005 to manage the expanding Facebook. Even Steve Jobs and Bill Gates dropped out of college before graduating. However, many billionaires on the list also hold at least a bachelor's degree.

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They have multiple successful businesses

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Many of the youngest billionaires have worked on several notable and profitable projects on their rise to success. Garrett Camp, the founder of Uber, was already well-known in the tech scene due to his founding of StumbleUpon, which he sold to eBay in 2007 for $75 million. Facebook's third employee, Dustin Moskovitz, worked with Zuckerberg to launch the social media giant out of their Harvard dorm room. Moskovitz later left Facebook to start Asana, a project management software, but much of his $12.4 billion net worth comes from his remaining stake in Facebook.

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They prioritize hobbies

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While many of these billionaires spend much of their time overseeing their businesses, they also make time for their hobbies and interests. Norwegian heiresses Alexandra and Katharina Andresen are competitive horse riders, Airbnb's Brian Chesky was a former bodybuilder, and Stripe's 27-year-old founder, Jack Collison, enjoys running. This serves as a reminder that it's important to pursue our passions, no matter how busy we are.

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In conclusion, while the youngest billionaires come from diverse backgrounds and have different paths to success, their entrepreneurial spirit, inheritance, education, multiple businesses, and pursuit of hobbies are traits that unite them.