Weight Watchers How Many Points Plus Do I Get

Weight Watchers How Many Points Plus Do I Get

Points Plus Allowance Calculation

Do you know your points plus allowance with Weight Watchers Plus method? If you are a member and opted to stay on this plan versus switching to the SmartPoints, then you need to know your allowance in order to lose weight.

In order to reach your weight loss goal you will need to stay within your daily and weekly allowance.

Many people may be in a bit of a panic with the this calculation. Most foods calculate out to a higher value than with the original plan.

Sure you have free veggies and fruits, but you still want some other foods in the mix.



Well, before you get too worried, another major change in the points plus system is the number of points allowed. Although foods points are generally higher than the old system, most people's daily allowance points are up as well.

So don't fret. You can still eat some of your favorite foods, stay within your allowance and lose weight with the Weight Watchers Points Plus system.

Weekly Points Plus Allowance

Before getting into the complicated formula of the daily allowance, let's briefly talk about the weekly allowance. All WW members are given the same allowance for the week. This number is;

49 points weekly allowance

How you choose to use these points are entirely up to you. It is not required to use these at all. So, if by the end of the week you didn't need these points, then great...not a problem.

If however you found yourself short of points for a particular day, then by all means dip into the weekly points plus allowance.

The only rule with the weekly points is that they do not roll over into the next week. That means you start fresh each week with just the 49 points. Don't add what you have left from the previous week into the next week.

That's it. Short and simple on the weekly allowance.

Daily Allowance Overview

Another change from the original points plan to the plus method is the daily allowance. Many people are worried that with the higher points values on many foods that they won't have enough daily allowance to eat and feel full.

Well not to fret, another change with this system is your daily allowance. The details of the daily allowance calculation is long and convoluted and is explained in great detail further in this article. For now, I will just highlight the daily allowance.

First, just like with the old system, there is a minimum and maximum points allowance. The minimum is 26 with the max set at 71.

So no matter what your old daily allowance was it will not be lower than 26 or greater than 71 with the plus plan.

The same factors are used in the new calculation - gender, age, weight and height. However, it is not as simple as the old method where you add up points based on answers to what your age is, how much you weight, etc.

Just know that these same variables are in place when determining your new allowance.

Another question many have is do they have to use up all their points for the day. Well, according to my Weight Watchers leader, no you don't.

So if your allowance is set to 35 for the day and you only consume 32, that's okay. Just make sure you are not going hungry. Remember the points are there for you to use if you need them.

While the allowance is fairly easy to get from meetings or online, the formula itself is a bit more complicated to say the least.

Featured Articles

Total Energy Expenditure (TEE) and Adjusted TEE

The first step in the points plus allowance calculation is determining the TEE. TEE is the total energy expenditure.

This step will use your current age, weight (in kilograms) and height (in meters). There is a separate formula for men versus women.

The PA in the formula represents the Physical Activity level. For purposes of the TEE, the activity level for men is set at 1.12 and women at 1.14. The formula assumes a low activity level for all in the below formula.

For men, the formula is;
TEE = 864 - (9.72 x age) + (PA x ((14.2 x wgt) + (503 x Ht))

For women, the forumla is;
TEE = 387 - (7.31 x age) + (PA x ((10.9 x wgt) + (660.7 x Ht))

Let's take an example for this first calculation. For instance, a 45 year old man weighing 245 lbs and is 5'9" tall, the first step would be to convert the lbs to kg and total inches to meters.

1 pound = 0.45359237. To simplify this we will use 0.454.
1 inch = 0.0254 meters.

So to begin this example, let's first convert the weight and height.

Weight

245lb x 0.454 = 111.23 kg

To convert the height to meters, you must first convert the feet to inches. To do this simply multiply 12 by the feet. Then add in the additional inches to get the total. Once you have the total, multiply it by the 0.254 to get the meters.

Height

5ft x 12 + 9inches = 69 inches
69 x .0254 = 1.75 meters

Now that this conversion is done, we can apply the TEE formula. Remember to always complete the multiplication and division steps in a formula prior to the addition and subtraction steps. Basically, do the math in the parentheses first then finish with the simple addition and subtraction steps. For this example, the formula would be;

TEE = 864 - (9.72 x 45) + (1.12 x (14.2 x 111.23) + (503 x 1.75)

In the above formula, 45 is the age, 1.12 is the activity level for men, 111.23 is his weight in kg and 1.75 is the height in meters. Let's complete the formula in steps. Below is the next step, using the age, wgt and ht to complete those portions.

TEE = 864 - 437.4 + 1.12 x (1579.47 + 880.25)

Now let's do the next step adding together the results of the weight and height (the piece in the parentheses).

TEE = 864 - 437.4 + 1.12 x 2459.72

Now we can complete the last step, remembering to do the multiplication first then the addition and subtraction pieces.

TEE = 864 - 437.4 + 2754.89 = 3181.49

So the TEE for this example is 3181.49.

We are ready for the next formula.

Adjusted Total Energy Expenditure (ATEE) - Step 2

The above formula does not get you to the daily allowance. You need to take the results from this formula and then calculate the Adjusted Total Energy Expenditure (ATEE). The ATEE formula is as follows;

ATEE = TEE - (TEE x .10) + 200.

Per the Europeon Patent Office website "The published methods assume a 10 percent conversion cost regardless of the types and amounts of nutrients consumed; consequently, TEE is adjusted by subtracting 10 percent of the calculated TEE."

Additionally, foods are given a zero energy content (our freebie veggies and fruits), however these foods do in fact contain an energy content.

So, the TEE is also adjusted for these items which generally fall within a range of 150 to 250 kilograms. For purposes of the ATEE, this amount is normalized using 200 kg.

For our example, we will use the TEE of 3181.49 as calculated in the first step. The ATEE formula for this example would be;

ATEE = 3181.49 - (3181.49 x .10) + 200
ATEE = 3181.49 - 318.15 + 200 = 3063.34

So this man's ATEE would be 3063.34. We are not done yet. Now it's time for the next step and the next formula.

Target and Modified Target

The next steps for the points plus allowance calculation is finding the target and the modified target. You will use the information from the previous step, Adjusted Total Energy Expenditure (ATEE).

Target - Step 3

Now we are ready to determine the target. While this step sounds like it is the last one, it's not. Remember I said this was a complicated process and this is where things get a bit fuzzy.

Before diving into the target formula, I want to mention a few things. First, like with the old points system the points plus method also has a minimum and maximum daily points plus allowance. These are 26 (min) and 71 (max).

In order for people to land within these min and max levels, there is a min and max of 1,000 and 2500 respectively in this next formula. This ensures someone does not fall outside the min and max ranges. So without further ado, here is the target formula;

Target = round ((min(max(ATEE - 1000, 1000), 2500) / 35)

So basically, what this means is that the ATEE - 1000 must fall within the min of 1000 kCal and max of 2500 kCal. So if your ATEE - 1000 is below 1000, then set it to 1000. If it is above 2500, set it to 2500. Therefore the target for someone who's ATEE is below 1000 would look like this;

Target = round (1000 / 35) or 29 daily points plus allowance. As of 1/1/2012, the minimum is now 26 pts. The new minimum is determined in the next formula steps, therefore this formula apparently stayed the same.

Note As of 1/1/2012, the min was decreased from 29 pts to 26 pts. The formula below is based on the original 29 pts minimum. However, these are the min/max as reported for the formula.

For someone outside the max range, it would look like this;

Target = round (2500 / 35) or 71 daily points plus allowance.

Let's take our above example and apply it to this target formula. Remember the ATEE was 3063.34. So here's how the formula would look;

Target = round (3063.34 - 1000) / 35

Since the ATEE - 1000 is not below 1,000 or above 2,500, we do not have to worry about the min and max portion of the formula. So the target for this example would be;

Target = round 2063.34 / 35 = 59 points plus allowance.
For this example, the Target is 59.

As mentioned above, this is not the final daily allowance. Although you would think it would stop here, there is yet another (and even more fuzzy) component to determine a person's final daily allowance.

Modified Target - Final Step

This last formula, the modified target, is based on "Weight Watchers boards discussing the patent and identifying an additional constant offset from the patent by a value of 11 in the middle of the points range, or 7 + 4."

So the modified target for the points plus allowance, which I believe is the target daily allowance Weight Watchers calculates for you, would look like this;

Modified Target = round (((ATEE - 1000, 1000) / 35) - 4 - 7, 26),71)

If your ATEE minus 1000 is less than 1000, then use 1000. However, if your ATEE - 1000 is greater than 1000, then use the actual for this final formula. If the results are more than the 71, then you would set your allowance to the 71 max value. If your results are below 26, then you would set the minimum to the 26 points plus allowance.

For example, your ATEE was 3800, then the formula would look like this;

round ((3800 - 1000) / 35) - 4 - 7 = 69 points plus daily allowance.

Using the above example, the original target formula results in 80 points. However, with the modified target formula, by taking into consideration the offset of the 11 points, the final daily target is 69.

Let's get back to our original example with the 45 year old man weighing 245 lbs and is 5'9" tall. We have determined a TEE of 3181.49, an ATEE of 3063.34 and a target of 59 points. Now let's apply this information to the modified target formula;

Modified Target = round ((3063.34 - 1000) / 35) - 4 - 7

Remember that 3063.34 is his ATEE and since his ATEE minus a 1,000 is above the minimum level, we will just use the actual numbers and do not have to use the min of 1,000.

Modified Target = round (2063.34 / 35) - 4 - 7 = 48 points plus allowance.

So for our example, his final (modified) daily allowance target is 48 points. You may be wondering why you couldn't just take the results from the target and minus it by 11 to get this modified target allowance. Well below are examples of where this would not work.

For this first example, let's assume the person's target calculated out to 36 points. If we simply use the logic of target - 11 to get the modified, then this person's new modified target would be 25 points.

Since this is below the min daily points plus allowance, then this simplified formula would not work. In this case the points would be set to 26 so as not to be below the minimum allowed.

The other example is for when the results are outside the min/max range. Let's say a person's target came out to 85 points. If we simply took this minus 11, then the modified target would be 74 which is higher than the max allowance allowed.

Use this free online Weight Watchers points plus calculator to find the values in the foods you eat. If you don't have the new points plus calculator or don't use the e-tools, then use this online Weight Watchers points allowance calculator.

Additional Articles

Points Plus for Alcohol
As you probably know, to calculate the points values for foods you use fat, carbs, fiber and protein. But what do you use when it comes to the spirits?

Weight Watchers Points Restaurant List
Find out the points values for the menu items at some of the most popular restaurants. Eat out knowing you can stay within your daily and weekly allowance.

Weight Loss Chart
If you are counting calories instead of points, then check out this downloadable spreadsheet. You can track calories consumed and exercise calories. Come complete with charts so you can see your weight loss progress.

Weight Watchers How Many Points Plus Do I Get

Source: http://www.exercise4weightloss.com/points-plus-allowance.html

How To Replace Bathroom Fan Vent

How To Replace Bathroom Fan Vent

We may get commissions for purchases made through links in this post.

Your bathroom exhaust fan has just gone out, and now the bathroom feels more like a sauna. Sound familiar? The fan needs to be replaced, but you don't have access to the attic due to your current home remodeling project? What do you do? We've researched the best way to replace your bathroom vent without having to access the attic. And this post, we will cover how to do it.

Here are the steps to replace a bathroom exhaust fan without attic access:

1. Turn the power off to the bathroom
2. Remove the fan cover
3. Remove the fan motor
4. Remove the fan housing
5. Disconnect the wiring and vent duct
6. Prepare the new exhaust fan
7. Connect the fan housing to the vent duct
8. Connect the electrical wires
9. Replace the fan cover
10. Apply vent tape or caulk
11. Turn the power on and test the fan

It's important to create the right ventilation set when replacing your exhaust fan. If not, you may run into building code issues with your local government and moisture and condensation issues in the home. Keep reading to learn  about the best way to vent your exhaust fan without attic access.

Steps To Replace A Bathroom Exhaust Fan Without Attic Access

Things you'll need:

• Screwdriver
• Drill
• Tack cloth
• Replacement fan
• Voltage tester

1. Turn the power off to the bathroom

Before doing anything, it's important to first turn off the power to the bathroom to avoid getting electrocuted when handling the wires on the exhaust fan. House breaker boxes are typically located in the basement of a home, and they'll usually have a diagram illustrating the correct switch for the bathroom. You can also double-check the wires on the fan using a non-contact voltage tester to ensure that they have no power flowing through them.

Check out this voltage tester on Amazon.

2. Remove the fan cover

Next, remove the grill that is located on the face of the fan. To do this, pull it down and remove the metal clips attached to the fan housing's side. You may need to squeeze the clips or them to the side and pull the cover off, depending on the fan brand you have.

3. Remove the fan motor

After you remove the fan cover, the fan and its motor should be visible. Use a screwdriver to remove the screws attaching the motor to the housing. It should be anywhere from two to four screws total.

Remember that many bathroom vent fans will also have a power cord attached to the housing you'll need to unplug. Be sure to unplug this cord before disassembling the motor from the housing. If the fan doesn't have a power cord, you'll need to disconnect the wires manually.

Read more details about the screwdriver on Amazon.

4. Remove the fan housing

After you've taken out the fan motor, remove the fan housing itself. Typically, the housing will have four screws connected to the joists on the ceiling. Use a screwdriver to unscrew the screws and any metal brackets that may be attached as well. Depending on the size and location of the brackets, you may need to use a small hand saw to cut them away from the ceiling joists. Also, use extreme caution when using the saw, as you don't want to cut the wood ceiling joists next to the brackets accidentally.

You'll want to don a pair of eye goggles and a face mask before doing so.

Learn more about this face mask set on Amazon.

5. Disconnect the wiring and vent duct

Now that you have freed up the housing push it up to the ceiling a few inches so that you can access the vent duct and remove it. The vent duct typically has foil tape surrounding its opening what you will need to cut away with a utility knife. After removing the duct, remove the electrical wiring from the housing. Once the wiring and the duct have been removed, you should be able to pull the entire fan housing down from the ceiling.

Check out this utility knife on Amazon.

6. Prepare the new exhaust fan

Remove the exhaust fan and its hardware from its packaging. Next, place the fan in the ceiling cavity to make sure it is the right size. If the fan is too big, you'll need to mark a hole in the ceiling and saw out a few inches to expand the hole. It's best to use a keyhole or a reciprocating saw to do this.

If you install a different type of exhaust fan, ensure that the housing assembly fits the nearby wood joists. If not, you may need to use a few pieces of scrap plywood to add to the joists for support.

Check out this reciprocating saw on Amazon.

7. Connect the fan housing to the vent duct

Position the fan in the ceiling hole and connect it to the duct. The end of the vent duct should have a connector or a damper where the ceiling fan meets the end of the vent. To do this, you can use foil tape, or you can connect the fan housing to a flapper on the ceiling.

If you are connecting it to the flapper, be sure to push the metal housing right into the ceiling and make sure that the housing is properly secured onto the ceiling joist. After you have connected the vent, wrap the foil around at the end of a duct connection.

Check out this vent tape on Amazon.

8. Connect the electrical wires

Once you have secured the exhaust fan's housing, connect the home's electrical wires to the fan's connections. Before doing this, check the directions that came with the fan to ensure the proper connections. The fan will typically come with quick connect wires that allow you to insert the bare wire into each connector easily.

However, some may require you to actually twist the wires together and affix them with a wire nut. Remember that the electrical wires will be color-coded to help you know where to connect each one–every wire should be connected to a wire of the same color. So to say, you should connect white wires to white wires, and black wires to black wires..

9. Replace the fan cover

It's now time to place the cover back on the fan. First, take the cover and place the bottom side into its position. Next, snap the top back onto the ceiling. Then, re-insert any clips or screws that were removed when you took the previous fan off. Be sure to squeeze the clips so that they snap back in place. You may want to take a quick tug on it just to make sure that the cover's secure.

10. Apply vent tape or caulk

Sometimes exhaust fans can leak air through the ceiling. To prevent this, you can apply vent tape to the areas around the housing. You can also apply a thin layer of caulk.

Find out more about this caulk on Amazon.

11. Turn the power on and test the fan

Turn the power back on to the bathroom and let the fan run for about 15 to 20 minutes. The fan should run non-stop until you turn it off. If it doesn't, you may want to check the pants instructions and re-check the wiring.

Do Bathroom Exhaust Fans Have To Be Vented Through The Roof?

Bathroom exhaust fans don't have to be vented through the roof. However, this is the most common way of venting them. They can be vented in the ceiling through an exterior wall. Before doing this, however, you'll want to make sure that the vent meets the local building of your city or town. The reason is that the vent may be too close to the windows or property line of your neighbors, so it's best to double-check it first.

Is It OK To Vent A Bathroom Fan Into The Attic?

No, it's not recommended to vent a bathroom exhaust to your attic. Not only does this violate most building codes, but it can also cause moisture issues within your home which can lead to mold and other problems.

Can You Use PVC Pipe To Vent A Bathroom Fan?

Typically, no. Most building codes require that bathroom exhaust vents have an insulated flex duct, galvanized steel, or aluminum between the fan's motor and exhaust. PVC typically isn't suitable for this type of ventilation. However, it's always best to check with your local government first.

How Much Does It Cost To Replace A Bathroom Exhaust Fan?

For the most part, replacing a bathroom exhaust fan is a fairly simple project. That is unless you need customized venting due to irregular or customized bathroom designs. You can expect to pay anywhere from $250 to $600 or more for a bathroom exhaust fan replacement. The cost will be on the higher end if you need extended or customized venting for the fan.

Wrapping Things Up

We hope this post has helped you learn more about how to replace a bathroom fan without accessing the attic. Remember, it's always best to know what local building codes you'll need to follow before replacing your exhaust fan, especially if you're setting up new ventilation.

Check out our other posts before you go:

Can't Open Attic Door – What To Do?

Should You Caulk Around A Bathroom Sink Faucet?

How To Replace Bathroom Fan Vent

Source: https://uooz.com/replacing-bathroom-exhaust-fan-without-attic-access/

How To Change A Bathroom Vanity Light Fixture

How To Change A Bathroom Vanity Light Fixture

Dual bathroom sinks with multi-bulb overhead lighting.

Bathroom lighting can be used for general lighting, task lighting, or accent lighting. Proper lighting and can make a big difference in the functionality and ambiance of your bathroom.

Light fixtures for bathrooms are available in a wide range of options, including:

• Wall Mounted Single Bulb Light Fixtures: Usually placed on either side of the mirror over the vanity to provide even lighting.
• Wall Mounted Multi-Bulb Light Fixtures: Usually mounted above the vanity mirror, can range from two to eight bulbs.
• Ceiling Mounted Protruding Light Fixtures: Can be traditional ceiling fixtures or lights incorporated into bathroom vent fans.
• Recessed Light Fixtures: Recessed lighting can be used for general, task, or accent lighting in a bathroom. To prevent problems with condensation, use enclosed shower trims on recessed bathroom light fixtures.
• Ceiling Mounted Hanging Light Fixtures: Can range from hanging pendant lights to small chandeliers. Hanging light fixtures can't be installed within 3' of a bathtub unless there is at least 8' of clearance between the top of the tub and bottom of the light fixture.

Watch this video to find out more.

Further Information

• Getting the Best Light from Bathroom Fixtures (video)
• Interior Lighting Options (article)

VIDEO TRANSCRIPT
Danny Lipford: Many older bathrooms will only have just one light fixture right in the center of the ceiling. And that can be very frustrating. If you're standing in front of the vanity, you'll have a bit of a shadow there that can just really not provide you adequate light. So, that's why having some task lighting really makes a lot of sense, and a wall mounted fixture like this can allow you to put one of these on each side of the mirror to balance that lighting out.

Now, if you have a situation where you just don't have room for a fixture on either side of that mirror, you can go with some of the multi-bulb fixtures that are available. And it's just about endless the different styles and finishes they're available in.

But it's also still a good idea to have that ambient light in the center of the room, and you don't have to compromise there. You can have some really good looking fixtures, more contemporary looking, a little more traditional, very easy to upgrade that fixture. But also, have some fun with it, and you can put some decorative fixtures in, like a pendant light.

Now if you have a large enough room, you might even consider a small chandelier. Especially if you have a nice little tub area you want to accent, maybe even putting a dimmer on it. That can really be a very nice look in your bathroom.

How To Change A Bathroom Vanity Light Fixture

Source: https://todayshomeowner.com/video/lighting-options-for-your-bathroom/

American Bathroom

American Bathroom

American Billionaires Under 50

Photo Courtesy: Anthony Quintano/Wikimedia Commons

For many of us, even having a million dollars by retirement age seems like a lofty goal, yet there are some people out there who reach billionaire status while they're still young. Some of them are self-made, while others inherit family fortunes. Regardless, it must be nice to have all that money and enough time in life left to enjoy it.

From tech geniuses to Wall Street traders to the heirs of massive family fortunes, here are some of America's billionaires under age 50.

Mark Zuckerberg

Harvard dropout Mark Zuckerberg is one of a few self-made billionaires in the world. He's a co-founder and now the CEO of Facebook, which he started while still at Harvard at age 19. He's also the richest American billionaire under the age of 50 — 35 years old and worth $77 billion.

Photo Courtesy: JD Lasica/Wikimedia Commons

Zuckerberg faces a lot of criticism for the fake news he allows on Facebook. Facebook also lost $5 billion in 2019 because it violated consumer privacy. That being said, he and his wife are putting $3 billion toward curing or managing prominent global diseases by the year 2100.

Larry Page

While there aren't that many self-made billionaires in the world, Larry Page, co-founder of Google, is one of them. Since the beginning of Google in 1998, Page has amassed $66 billion, and he's only 46 years old. It was during his time as a Ph.D. student at Stanford that Page co-created the PageRank algorithm behind Google's search engine.

Photo Courtesy: Bloomberg/Getty Images

Page was Google's CEO until 2001 and again from 2011 until 2015. From 2015 until 2019, Page was the CEO of Google's parent company, Alphabet. Now he's a Google board member and controlling shareholder.

Sergey Brin

Google's other co-founder, 46-year-old Sergey Brin, is another self-made billionaire. He's worth around $64 billion, which he's been accumulating since Google's beginning in 1998. He and Google co-founder Larry Page were both earning advanced degrees in computer science at Stanford when they came up with the idea for Google.

Photo Courtesy: JD Lasica/Wikimedia Commons

In 2019, Brin resigned as president from Google's parent company, Alphabet, though he's still a board member and controlling shareholder. He hasn't been in Google's limelight recently, instead spending much of his time with another of Alphabet's companies, a research lab called X.

MacKenzie Bezos

MacKenzie Bezos is the ex-wife of Jeff Bezos, the legendary Amazon founder who earned quite the name for himself in 2019 for not paying taxes despite being one of the wealthiest people in the world. The divorce settlement left MacKenzie with a quarter of his Amazon stake, so she's worth around $40 billion at 49 years old.

Photo Courtesy: Taylor Hill/Getty Images

MacKenzie and Jeff Bezos were married for 25 years, so getting 25% of her ex-husband's stake in Amazon seems reasonable. She's also published two novels and was a student of Toni Morrison at Princeton.

Elon Musk

Elon Musk grew up in South Africa, graduated from the University of Pennsylvania and became a U.S. citizen in 2002. Responsible for developing PayPal, Musk also initially funded the electric car company Tesla Motors with the goal of revolutionizing transportation. While Tesla has had major success, the world still seems a bit behind where electricity-powered transportation is concerned.

Photo Courtesy: Steve Jurvetson/Flickr

Now, Musk is making waves in both earthside and space transportation. Aside from Tesla, he has another business, a rocket company called SpaceX, which is worth over $30 billion. Musk is 48 years old and one of the wealthiest people in the world with $40 billion.

Lukas Walton

Sam Walton, the founder of Walmart, was Lukas Walton's grandfather. Lukas inherited a nice chunk of the Walmart fortune in 2005 when his father died in a plane crash. In all, his father gave him roughly a third of his estate, while he left his wife, Christy Walton, a sixth of it.

Photo Courtesy: MikeMozartJeepersMedia/Wikimedia Commons

At 33 years old, Lukas Walton is worth about $18.5 billion. He's no self-made billionaire, but money is money. Part of that net worth involves his stake in Walmart, but he also has stakes in First Solar and Arvest Bank.

Dustin Moskovitz

Thirty-five-year-old Dustin Moskovitz co-founded Facebook in 2004 with Mark Zuckerberg, Eduardo Saverin, Andrew McCollum and Chris Hughes. They were attending Harvard at the time and created the social media site in their dorm room. Moskovitz never went on to graduate, largely because of Facebook's success. He only has a 2% stake in Facebook, but his net worth is still over $12 billion.

Photo Courtesy: Web Summit/Wikimedia Commons

Moskovitz left Facebook in 2008 to co-found workflow-software company Asana. He and his wife are big donors to several causes, including marriage equality and the eradication of malaria. They're also the principal backers of the Open Philanthropy Project.

Jan Koum

Jan Koum realized in 2009 that apps were about to blow up in popularity after he bought an iPhone and perused the nascent App Store. A week later, the computer programmer created WhatsApp, which became the most popular messaging service in the world.

Photo Courtesy: Tech.eu Photostream/Flickr

Koum is worth a self-made $10 billion today, perhaps because Facebook bought WhatsApp for $22 billion in 2014. If he had kept the company, who knows if he'd be even richer? Koum, age 43, immigrated to the U.S. from Ukraine when he was 16. He's come a long way.

Robert Pera

With an electrical engineering degree from UC San Diego, Robert Pera went on to become the founder and CEO of Ubiquiti Networks, a company that makes wireless equipment. Almost 75% of Ubiquiti, a publicly traded firm, belongs to Pera alone, bringing his net worth to almost $8 billion.

Photo Courtesy: Cinephoto/Wikimedia Commons

The 41 year old started his career at Apple as a Wi-Fi tester, but only 10 months later he founded Ubiquiti, where he began working full-time in 2005. He used $30,000 of savings and accrued credit card debt to start the company. It seems like it was well worth it.

Scott Duncan

Scott Duncan was the youngest heir (after his three older siblings) to get stake in Enterprise Products Partners, his father's oil-pipeline company. Only his older sister Randa Williams is involved in the company. Scott and his two other siblings decided to take their inheritances and virtually wipe their hands clean of the firm.

Photo Courtesy: romaniamissions/Pixabay

At 37 years old, Scott's inheritance has made him a young billionaire, with $6 billion to his name. Enterprise Products Partners owns roughly 50,000 miles of gas and oil pipelines, not to mention gas-processing plants and gas and oil storage facilities.

John Overdeck

John Overdeck is a hedge fund guy with $6.1 billion at 49 years old. He's a co-founder of Two Sigma Investments, a hedge fund driven by data that manages trades amounting to around $40 billion currently under management. Aside from Two Sigma, Overdeck has several side jobs, including owning a reinsurance company in Bermuda, operating a venture capital firm and running a market-making company.

Photo Courtesy: Craig Barritt/Getty Images

Overdeck is a self-made billionaire who started as a silver medal champion at the International Mathematical Olympiad when he was 16. With his billions, he's donated $145 million to children's education programs.

Daniel Ziff

Daniel Ziff's grandfather co-founded Ziff Davis, a publishing company, back in 1927. Daniel's father expanded the business, which ultimately sold for $1.4 billion in 1994. With that inheritance money, Daniel and his two brothers started Ziff Brothers Investments, getting into hedge funds.

Photo Courtesy: Ɱ /Wikimedia Commons

Ziff Brothers Investments closed up shop in 2014, having much more wealth than it started out with. Daniel Ziff, now age 48, is sitting pretty with around $5 billion to his name. He and his brothers are still investing with former employees, so perhaps his billions will multiply.

Chase Coleman III

Chase Coleman began as a hedge fund investor for Julian Robertson, a legend in the field and at his firm Tiger Management. When Robertson retired in 2000, Coleman began his own firm, Tiger Global Management, with seed funds of $25 million from Robertson.

Photo Courtesy: Amtec Photos/Flickr

The company has since expanded beyond hedge funds. Now, Tiger Global manages $30 billion in assets, with venture capital as its largest sector. Coleman, 44 years old, is worth $4.5 billion. He's not exactly self-made, though. He was born into "old money," yet what he has amassed for himself now is considered "new money."

Tim Sweeney

The video game industry is no joke, and Tim Sweeney knows it. He's the co-founder of North Carolina game developer Epic Games. Epic Games created Fortnite, one of the most popular games around the globe with 250 million users. Fortnite made about $2.4 billion in 2018 alone, despite being free to play.

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Tim Sweeney has a net worth of over $7 billion at 49 years old, and Epic Games is not slowing down. Aside from revenue from its games, the company also created and earns money from Unreal Engines, which provides game-development toolkits that other video game studios utilize.

Jane Lauder

Estée Lauder was co-founded by Estée Lauder and her husband in 1946. Their granddaughter Jane Lauder was a partial heir to the family fortune. However, she also runs Clinique, one of the company's largest skincare brands, and has been on Estée Lauder's board of directors for over a decade.

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Jane is now 46 years old and has a net worth of $4.2 billion. She graduated from Stanford in 1995, joined Estée Lauder in 1996 and made makeup history.

Alejandro & Andres Santo Domingo

Sons of beer mogul Julio Mario Santo Domingo, Alejandro and Andres inherited their fortunes in 2011 when their father passed away. Each now has a net worth of around $4 billion. Julio controlled the Santo Domingo Group, of which London beer company SABMiller was a part.

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Alejandro was one of the main negotiators for the Anheuser-Busch InBev and SABMiller merger in 2016. Alejandro is now on the board of Anheuser-Busch InBev. He's 42 years old. Andres, 41, also has a stake in Anheuser-Busch InBev and sits on the New York Public Library Conservation International board of directors.

Nathan Blecharczyk

In 2008, Nathan Blecharczyk and two partners founded a business that would change the world of travel as we know it: Airbnb. It's a peer-to-peer room- and home-rental business and has become a household name for all modern travelers. At only 37 years old, Blecharczyk has a net worth of $4 billion, all self-made.

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Blecharczyk was Airbnb's original engineer and is now the company's chief strategy officer. Airbnb runs in more than 80,000 cities and 191 countries.

Brian Chesky

Brian Chesky is the CEO and a co-founder of Airbnb, the best thing to happen to travel since airplanes. The company provides a service through which people can rent rooms or entire homes from individuals, making the experience of travel feel more entwined with a city or town than staying at a hotel does.

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Before Airbnb, Chesky was an industrial designer making only $40,000 a year, a low-end sum for Los Angeles, where he was living and working. Now, he's worth $4 billion thanks to Airbnb, and he's only 38 years old.

Joe Gebbia

As an art student, Joe Gebbia started a company called CritBuns, selling cushions for artists to use during long painting sessions. However, that's not how he became worth $4 billion. Gebbia later went on to co-found Airbnb with Brian Chesky and Nathan Blecharczyk.

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Now Airbnb is one of the most popular ways to find travel accommodations. Using Airbnb, people rent rooms or entire houses from individuals. The service has over 250 million users to date. While he was always an entrepreneur, Gebbia, 38, has come a long way from selling cushions.

Jack Dorsey

Jack Dorsey is a co-founder of Twitter, for which he was CEO until 2008. He took a break as CEO and returned in 2015. He's also a co-founder of the highly successful mobile-payment company Square. Dorsey's net worth at age 43 is $5.1 billion thanks to his entrepreneurial endeavors.

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Dorsey used to be a certified masseur before getting into the tech world. He gave a third of his Twitter shares to his employees in 2016, and despite that, he's still a multi-billionaire.

Russell Weiner

Rockstar energy drink founder Russell Weiner's net worth at age 49 is $4 billion. Before getting into the energy drink business, he tried running for California State Assembly in 1998, but he lost. He also worked for his father's friend, Maurice Kanbar, the founder of SKYY Vodka.

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However, Kanbar rejected Weiner's energy drink idea, so Weiner quit and started Rockstar in 2001 by taking a $50,000 loan out against his condo. In 2018, Rockstar had over $680 million in sales. Now Weiner also has an organic version of an energy drink with his company, Yachak Organic.

Bobby Murphy

Snapchat co-founder Bobby Murphy was onto something in 2011 when he helped create the social media app. It now has over 200 million users worldwide and appeals to multiple generations. They love the impermanent nature of the photos, videos and messages.

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Murphy is now Snapchat's chief technology officer. He originally built the app with his Stanford fraternity brother, Evan Spiegel. To date, his net worth is $4.2 billion and growing. He's just 31 years old, so he has plenty of years to continue growing his massive fortune.

Evan Spiegel

There's only a handful of self-made billionaires in the world in their twenties, and Evan Spiegel, co-founder of Snapchat, is one of them. He's got $4 billion to his name at 29 years old. Snapchat became a social media sensation not long after it was created in 2011, resulting in Spiegel's wealth.

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Spiegel was attending Stanford for product design but dropped out to get Snapchat going. He decided to finish in 2018, though based on his history, he's probably not going to need a degree to get a job.

Lynsi Snyder

Heir to the In-N-Out Burger fortune, Lynsi Snyder became a billionaire when she turned 35. That was when the last part of her inheritance was disbursed. Both of the company's elder heirs — her father and her uncle — died young, making Lynsi the last heir in the family in 2000.

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In 2010, she became president of the company, though she still hadn't gained her fortune at that time. Still, Lynsi worked hard and has expanded the business to 80 additional locations across the country over the last decade. At age 37, she is worth $3 billion.

Jonathan Gray

When Jonathan Gray graduated from college in 1992, he immediately became an asset manager at Blackstone Group. From there, he was promoted to the top of the real estate section of the group. Gray made the firm's real estate investments one of its best portfolios, containing $140 billion in assets.

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Gray became Blackstone's president in 2018. He certainly worked his way up in the world, starting at age 14 as a busboy at his mother's catering company. Now he's 50 years old with a net worth of $4.2 billion.

Travis Kalanick

Uber co-founder Travis Kalanick resigned from his CEO position in 2017, and as of December 2019, he is leaving the board of directors as well. He sold his 4% stake in the company for over $2.5 billion and put around $1 billion in Uber shares into a trust, from which he will receive a yearly payout.

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Apparently, 43-year-old Kalanick has had enough with the company and wants to move on to other things. His new venture fund, 10100, brings together his for-profit and nonprofit investments. His net worth is around $3 billion.

John Arnold

When John Arnold was 38 years old, he went from being a super-successful hedge fund trader to calling it quits with managing others' money. Before he ended his hedge fund career, he had worked at Enron and also created his own hedge fund called Centaurus Advisors.

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Now, Arnold is 45 and is worth $3.3 billion. He has investments in deepwater oil developments and solar farms, so no matter what the future of energy holds, Arnold probably has a stake in it. He and his wife also participate in several philanthropic endeavors.

Orlando Bravo

Orlando Bravo is the world's first billionaire who was born in Puerto Rico. He's known as one of the top dealmakers on Wall Street, and his firm, Thoma Bravo, ranked at the top of the 2019 list for buyout investors. The firm specializes in software buyout deals.

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Bravo is 49 years old with a net worth of $3 billion. After Hurricane Maria hit Puerto Rico in 2017, Bravo sent planes filled with necessary supplies and vowed to give $100 million to Puerto Rican entrepreneurs to continue supporting his roots.

Michael Rubin

Michael Rubin started GSI Commerce after dropping out of Villanova University. He ended up selling the company to eBay for $2.4 billion back in 2011. Part of that deal included him getting majority ownership of assets eBay no longer wanted, including the ecommerce retailers Fanatics, ShopRunner and Rue La La.

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Now Rubin is CEO of Kynetic, the holding company for all three of those ecommerce companies. Additionally, his new criminal justice initiative, Reform Alliance, was launched in 2019 with rapper Meek Mill. Rubin is 47 years old and worth $2.9 billion.

Sean Parker

Sean Parker's fortune began growing when he was 24 years old and served briefly as Facebook's first president. From there, he went on to become a venture capitalist and invested in Spotify, where he served on the board of directors until 2017. He's also been involved in many philanthropic activities. If his name doesn't ring a bell, you might also know him as the founder of Napster — remember that?

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Parker launched the Parker Foundation in 2015 to promote engagement in global health, science and civics. That foundation then branched off to grant $250 million to begin the Parker Institute for Cancer Immunotherapy. At 40 years old, Parker has a net worth of $2.6 billion.

American Bathroom

Source: https://www.faqtoids.com/finance/american-billionaires-under-50?utm_content=params%3Ao%3D740006%26ad%3DdirN%26qo%3DserpIndex