2 of 8
BACKNEXT
2. Barry Silbert
Barry Silbert
Age: 33

Silbert was advising distressed companies when he had an epiphany: if there were a marketplace for trading illiquid assets, hard-hit companies might be able to move them off their books.

So he created SecondMarket, a marketplace for the hard-to-trade CDOs, mortgage-backed securities and other exotic creations that helped bring down the biggest Wall Street banks. It also creates a market for other kinds of hard-to-value assets, like Facebook shares.

It's gaining traction: Total inventory reached $10 billion this year. But that's still just a sliver of the some $52 trillion illiquid asset market.

NEXT: Niko Canner

Last updated October 22 2009: 7:50 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Full list: Top 40 Meet these young innovators, value creators, and agents of change. More
20 highest paidWhich young executives at public companies raked it in -- and how much did they earn? More
Can you pass the '40 under 40' test? Take our quiz and see how much you know. More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.