Wednesday, April 15, 2020
40 Under 40 Fortune Magazines Leaders in Personal Finance
40 Under 40 Fortune Magazine's Leaders in Personal Finance Fortuneâs 2016 â40 under 40â list of (relatively) young business influentials hit the web this morning, and a few names stand out from a moneyâ"and MONEYâ"perspective. Among the impressive folks included in this yearâs ranking, four hail from what you might call the personal finance space. Some are changing the way we think about money; others are changing the way we handle it; and some how we earn it. All are shaking up a piece of the money universe, and weâre transfixed. (In fact, MONEY is so inspired that weâre planning to launch our own list of young personal finance innovators later in the year. Send us your suggestions!) For now, we want to give credit where credit is due. Here are the newly-minted âunder 40â leaders shaping the future of finance. Get inspired. Brad Katsuyama â" CEO Cofounder, IEX Group (age 38) Brad Katsuyama, CEO of IEX Group Chris Goodneyâ"Bloomberg via Getty Images Katsuyama (#15 on Fortuneâs list) leapt into the public eye after Flash Boys, Michael Lewisâ 2014 bestseller, touted his IEX Group as a transparent alternative to high-frequency trading. In June, IEXâ"which uses a âspeed bumpâ to slow down tradingâ"won regulatory approval for stock exchange status. In a recent interview with MONEYâS Taylor Tepper, Katsuyama spoke about his goals for the next five years. Among them: â[Becoming] one of the largest markets in the world.â Weâll be watching. Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Jon Stein â" CEO Cofounder, Betterment (age 37) Jon Stein onstage during TechCrunch Disrupt NY 2016 in New York City. Noam Galaiâ"Getty Images for TechCrunch âRobo-advisorâ is one of the hottest buzzwords in finance right now, and Stein (#27) is leading the charge. Betterment, an online wealth management service that uses computer models to deliver financial advice to average investors, launched in 2010. Today, the company has 175,000 customers and almost $6 billion in assets under management, making it the largest wealth management startup in the world, Fortune reports. âWeâve taken the friction out of the process,â Stein told Money in 2015. âWeâve made it accessible to everyone.â Tim Ferriss â" The Tim Ferriss Show (age 39) Tim Ferriss speaks onstage at the 2015 SXSW Festival in Austin, Texas Travis P. Ballâ"Getty Images for SXSW Ferriss (#28) has three bestselling books under his belt: The Four-Hour Workweek, The Four-Hour Body and The Four-Hour Chef. These days, though, the self-help guru is best known for his self-help podcast, The Tim Ferriss Show. In each episode, Ferriss chats with the most successful people in America (everyone from Tony Robbins to Mike Birbiglia) about their careers. Listeners are enamoredâ"Ferrissâ show has more than 80 million downloads and is the top business podcast on iTunes most weeks. Adam Grant â" Wharton School of the University of Pennsylvania (age 35) Adam Grant on stage during the MA Conference for Women in Boston, Mass. Marla Aufmuthâ"Getty Images for Massachusetts C Grant, the youngest tenured professor at Wharton and the author of Originals: How Non-Conformists Move the World, tied at #28 with Ferriss on Fortuneâs under-40 list, but in many ways, the organizational psychologist is in a league of his own. As a management consultant, Grant works with Google and tech giants (and Money readers!) on workplace dynamics issues. As an author, heâs currently working on a book about resilience with Facebook COO Sheryl Sandberg. Grant also has a growing fan baseâ"his 2016 Ted Talk on âthe surprising habits of original thinkersâ received an enthusiastic standing ovation.
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