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College Class Builds Apps — and Fortunes

Stanford students took seriously their homework assignment in the fall of 2007: Devise an app. Get people to use it. The students ended up getting millions of users for free apps that they designed to run on Facebook. And, as advertising rolled in, some of those students started making far more money than their professors.

The UK's Top Young Entrepreneurs to Look Out For in 2012

With the sluggish British economy, it's never been more difficult for young people to get a job. In fact for many graduates and teens, finding their way into employment can often feel like an impossible challenge rather than a right of passage. Despite research that suggests a 21% unemployment rate for this age group, there are still many ambitious young people who are creatively making their way in the world. Their persistence, initiative and success in times of such economic difficultly are doubly inspiring. Here are some of the top young entrepreneurs to look out for this year and the dynamic, forward thinking companies that have seen them make their fortune.

Houston Bar Gives 100% of Profits to Charity. Period.

The Original OKRA Charity Saloon in downtown Houston operates a lot like other taverns. Booze is purchased and poured, bartenders get paid and take home tips. But the owners give all their profits away. Proceeds from OKRA's are donated to a different Houston-based organization each month. With every drink purchased, bar patrons vote on which charity is chosen from among four new nominees each month.

Ingenious Gates-Funded Machine Turns Feces Into Drinking Water

He watched the piles of feces go up the conveyer belt and drop into a large bin. A few minutes later, after a machine boiled and treated it, Bill Gates took a taste and proclaimed it, "Delicious -- as good as any I've had out of a bottle." The self-powering machine produces water and electricity (plus a little ash), and no nasty smell.

Couple Plans Unusual Honeymoon Taking Strangers to Breakfast Across America

This July, after an Oregon couple walk down the aisle, they will hit the open road on a unique journey from Portland, Ore., to Portland, Maine, taking a leap of faith with dozens of people they've never met. The leap? The new bride and groom will sit down to breakfast with strangers across America and select 50 of those breakfasts to highlight in a book, Breakfast with Strangers: 50 Meals across America.

Peace Corps Volunteers Use Chocolate To Lift Africans from Poverty

Africa produces 70% of the world's chocolate and 60% of the world's vanilla crop, yet the continent makes just 1% of finished chocolate bars, which leaves very little profit for the essential farming communities. Now, an innovative company started by former Peace Corps volunteers is disrupting that market spiral to make the world's best chocolate bars -- and make a difference in Madagascar.

Peace Corps Volunteers Use Chocolate To Lift Africans from Poverty

Africa produces 70% of the world's chocolate and 60% of the world's vanilla crop, yet the continent makes just 1% of finished chocolate bars, which leaves very little profit for the essential farming communities. Now, an innovative company started by former Peace Corps volunteers is disrupting that market spiral to make the world's best chocolate bars -- and make a difference -- in Madagascar.