Meet the 30-year-old cofounders of SmileDirectClub, Jordan Katzman and Alex Fenkell, who just became 2 of the youngest billionaires in the US

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Meet the 30-year-old cofounders of SmileDirectClub, Jordan Katzman and Alex Fenkell, who just became 2 of the youngest billionaires in the US

Jordan Katzman and Alex Fenkell are now two of the youngest billionaires in the US.

Shares of the direct-to-consumer dental-product company they cofounded, SmileDirectClub, began trading on Nasdaq on Thursday. SmileDirectClub closed down 28% after its first day of trading, but its market cap of $6.4 billion made Katzman and Fenkell — each of whom owns close to a quarter of the company’s class B shares — billionaires.

Read more: Buzzy healthcare startup SmileDirectClub just went public at an $8.9 billion valuation. Here are the execs and investors who stand to benefit the most.

SmileDirectClub sells invisible teeth aligners for $1,850, a fraction of the cost of traditional braces from an orthodontist, Business Insider reported.

A SmileDirectClub representative did not immediately return Business Insider’s request for comment on Katzman and Fenkell’s personal relationship, current involvement in the business, and personal fortunes.

Keep reading to learn more about Katzman and Fenkell.

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