Meet the World's Newest Billionaires

Find out how they became some of the richest people in the world.
18:46 | 03/07/12

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Transcript for Meet the World's Newest Billionaires
The ultimate VIP club in business the Forbes billionaires list of richest people in the world and today you got a look at some surprising people. Who made the cut this time there are 1226. Billionaires sixteen more than last year 104. Women. That's a record and 128. Are new but as we scam this list. We did notice -- kind of revolution underway because so many of this year's billionaires bootstrap their way onto the list how. Here's ABC's be comical -- -- Amid the usual faces there are some surprising new names with -- -- usual stories about how they got into the world's most exclusive club. Sarah Blakely squeeze onto the list this year by helping women squeeze into their favorite little black dresses. Thanks. Let's -- their hands over -- -- the right thing. Spent creator its banks was only 29 when she invested her entire life savings 5000 dollars into an idea. Inspired when she heard Oprah saying she made her own -- have a crummy flat out. Kevin -- this self proclaimed sweaty it's guy on the football field turn that's -- into gold. Coming up with under armour moisture absorbing sports apparel lines. -- PCN -- -- Elon Musk raced his way to a cool two billion. Thanks -- his electrifying electric car company Tesla his next project could take him to the moon literally. Rumor has -- he is looking into space rocket engineering next. And less than a year after the death of Steve Jobs his -- 1000000000 more than John it was worth before he died last October. The youngest on the list that. Seven year old Dustin -- bits of FaceBook -- pulling in three and a half billion. His former Harvard roommate and FaceBook founder Mark Zuckerberg the second youngest although considerably higher on the list. Out of the 128. Newly minted billionaires this year two out of three are self made. Inspiration for all of us be on -- -- get ABC news New York.

This transcript has been automatically generated and may not be 100% accurate.

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