For example, the emergence of Pele in 1958 as a 17-year-old phenomenon set a pattern for many World Cups to come.

FORBES: How Technology Has Expanded Our Soccer Narrative

Now a world-wide phenomenon, Facebook is set to IPO in 2012, which could further boost the fortunes of the two youngest billionaires.

FORBES: Youngest Billionaires in the World, Led by the Facebook Four

He explores this alleged phenomenon and alleges other instances of corruption in the madrassas of Bangladesh in his book, Inside Madrassa, set for release this year.

CENTERFORSECURITYPOLICY: salahchoudhury

The ministers, meeting in Trieste, Italy, unanimously expressed "concern about the seriousness" of the phenomenon, and said they would "strive to reach agreement" in July in Bonn at the next set of talks on the Kyoto Protocol, an international treaty on measures to counter climate change.

BBC: G8 progress on climate change