Dustin Moskovitz, The Second-Youngest Billionaire In America, Discusses What It Feels Like To Be Filthy Rich

Getty / Araya Diaz This week, Forbes announced the annual list of Forbes 400, revealing the most wealthy 400 in the United States.

At the age of 30, Dustin Moskovitz was the second young billionaire after the 24-year old Snapchat co-founder Evan Spiegel. According to publications, Moskovitz is co-founder of Facebook and is the current CEO of the organization application Asana with an estimated net worth of $ 8 billion.

Even in a small group of people, I would like to know how to become a millionaire. By the age of 30, fewer will have a 10-digit bank balance

So what does it feel like a dirty rich man? In response to last year's Quora's investigation, Moscow Witz is discussing his feelings about being a millionaire, whether money is a burden, and his death.

Entrepreneur said he saw his wealth as a resource for social benefit, not a means to realize his interests. Below is his full reply issued by his permission.

"I never thought of money as" my money ". "I always consider it to be" money ". It is a resource. If it gathers around me, I need to flash back to the system. "

In other words, Cali and I are the butler's deacons. It is gathered around us now, but it belongs to the world. We are not perfect to apply this attitude, but we work hard

After all, we have established Good Ventures and worked closely with GiveWell as it is very difficult to shed such a large amount of money in the world in such a way that you can be confident. However, we are learning more and more everyday and increasing the speed as we are. When we are dead we do not intend to keep away so much (ie there is a "burned" foundation)

Moskowitz later announced the following update on how he reinvested the asset in his business:

Some people are writing and sending comments on the personal message that "the company can do good for the world, not doing his best!" I strongly agree (to resolve the final meta-problem of the Asana blog), so I personally work full-time to build Asana. I have yet decades to invest in my capital, and then the 'burning' side has even begun to even limit the opportunities I can pursue in business semantically. We made a very noteworthy investment in our world fundamentals (Vicarious raised $ 15 million made by a superior venture capital company like 'human like' software)

But I do not think there is a good reason to try to build a system that will invest in this capital forever after death, so I want to remove it before (like Warren Buffett). Furthermore, even the funds we give will inevitably be reinvested in the economy somehow; it is not "consumed". Therefore, I will give other people the opportunity to become a manager of capital, reauthorize or invest in the long term.

Justin Rosenstein is co-founder of Asana and Facebook co-founder Dustin Moskovitz. Asana's software enables teamwork without e-mail and provides critical communications infrastructure for companies such as Airbnb, Foursquare, Pinterest, Twitter, Uber. Asana's mission is to help all teams cooperate easily and to help humans prosper. Justin leads the development of products used by hundreds of millions of people every day. On Facebook, he was a technical leader in the project, including Like buttons and Facebook Pages, and designed Facebook to rely on Facebook's internal project management system. At Google, I was responsible for several projects in Product Management Communication / Collaboration Division and created the initial prototype for Gmail chat.

But Gates / Buffett, the new member of the majority billionaires group, is Facebook founder Mark Zuckerberg. Zuckerberg's colleague Dustin Moskowitz also joined the group of millionaires from the bottom of my heart. According to the latest ranking of Forbes's wealthiest 400 Americans, Zuckerberg ($ 6.9 billion), the pioneers of the two social networks have a total wealth of $ 8.3 billion. Moskowitz ($ 1.4 billion). Overall, 17 new members of the Buffett / Gates donation commitment group have Forbes' joint wealth, estimated at least $ 36 billion. Even in the case of Gates and Buffett's personal wealth, even in the case of accumulation, only two new stubborn billionaires have joined the top ten of the donation commitment group - Zuckerberg and Icahn - Those are regarded as barrels of good billionaires.