Kylie Jenner is the youngest billionaire in the world with personal assets worth $1.1 billion. The celebrity-turned-makeup-mogul, Kylie is a 22 years self-made billionaire. Here are the 10 Youngest Billionaires in the World 2020 list with their net worth, starting with the youngest. There was a time when becoming a billionaire was not talked about and it took generations to acquire that kind of wealth. Known for her major stake in Rational AG, a leading manufacturer of commercial kitchen appliances, Franziska Wuerbser is a German heiress and entrepreneur. According to estimates, her net worth is predicted to be $1.8 billion as of February 13, 2025.
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Just like his younger brother, he has maintained a low public profile, and his involvement in the company’s business operations is also private. In 2025, Johannes von Baumbach is the Youngest billionaires in the world. At just 19, he has secured this title by inheriting a significant stake from the pharmaceutical fortune, Boehringer Ingelheim, which is the largest privately owned pharma company globally. However, Johannes has maintained a low public profile and is not currently actively involved in the family business. His uncle, Hubertus von Baumbach, has been leading the company since 2015. Alexandr Wang stands out as a self-made billionaire, having built his fortune through his artificial intelligence startup Scale AI, demonstrating that not all young billionaires inherit their wealth.
Remi inherited his fortune from his family’s Dassault Group in France, which is a pioneer in the aviation and software industries. The family is well-known in France for their contributions to aircraft and engineering. Like her sister Kim Jung-youn, Kim Jung-min also inherited her wealth from Nexon, a leader in the global gaming industry. Let’s have a look at the top ten youngest billionaires in the world and how they earned this much fortune;
- Despite this monumental valuation, Kim is known for her reserved lifestyle and absence from Nexon’s corporate activities.
- Wang Zelong is the co-founder and CEO of Pinduoduo, a Chinese e-commerce platform known for its social shopping model.
- According to Forbes’s real-time billionaire list, here are the top 10 youngest billionaires of 2024 as of January 31.
- Kevin Lehmann was 22 when he became Germany’s youngest billionaire after inheriting a significant share in the country’s national drugstore chain, dm-drogerie markt.
- In 2019, Draexlmaier became a billionaire at the age of 27, making her one of the youngest self-made billionaires in the world.
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Furtwangler and her older brother Jacob were each given a 37.4% stake in the family’s media company by their father. Two Norwegian sisters, Alexandra Andresen and Katharina Andresen each inherited 42% of the family-owned investment company Ferd in 2007. Magnar Witzøe is the son of Gustav Witzoe who founded SalMar, one of the world’s largest producers of farmed salmon.
- The list of the world’s ten youngest billionaires features a mix of inherited fortunes and entrepreneurial spirit in various industries, located in Europe, Asia, and Latin America.
- With a net worth of $1 billion, Ludwig Theodor Braun, owns 10% stake of the medical device company, B.
- 25 year old, Stanford dropout is the owner and CEO of an autonomous vehicle sensor and software company.
- Alexandra Andresen initially turned heads when, at the age of 19, she became the world’s youngest billionaire.
He hails from Italy and has generated his massive fortune through Luxottica, an Italian eyewear conglomerate reported to be the largest company in the global eyewear industry. The youngest billionaire in the world, as of today, is Clemente Del Vecchio. Boasting a net worth of $3.5 billion, del Vecchio is only 18 years old, marking a significant achievement at such a young age. Roshni Nadar, the Chairperson of HCL Technologies, has made history by becoming the third richest person in India.
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Wang Zelong, 26, has acquired considerable wealth from his stake in CNNC Hua Yuan Titanium Dioxide, a leading pigment production company. His business acumen and strategic investments have propelled him into the ranks of the world’s youngest billionaires. Katharina Andresen, 27, belongs to the sixth generation of the Andresen family, who owns Ferd, a Norwegian investment company. She has a strong focus on sustainability and socially responsible investments, making her one of the youngest billionaires with a purpose-driven approach to wealth management. The world of billionaires has expanded dramatically, and among these elite individuals are the young and innovative minds who have achieved extraordinary financial success at a remarkably tender age.
Age: 21 Citizenship: Italy Source of Wealth: Luxottica Net Worth: $3.5 Billion
Just like her sister Alexandra, She inherited 42% of the family-owned investment company, Ferd. Katharina is more likely to follow in her father’s footsteps, though the father has mentioned he has no intent of forcing his daughters to get into the family business. His net worth is $2.3 billion which makes him one of the top youngest billionaires in the world
Johannes von Baumbach (19 years old – $5.4 Billion)
At just 25, Spiegel co-founded Snapchat and quickly ascended to billionaire status. He now serves as CEO of Snap Inc., a publicly traded company valued at billions. This Czech Republic citizen’s father, a scrapyard owner, transformed the business into the weapons producer Czechoslovak Group, which he now owns and leads. Leonardo Maria Del Vecchio is one of the richest youngest billionaire forbes He shares a 4.6% stake in construction company Tata and a 25% stake in Shapoorji Pallonji Group. At 31, Mark Mateschitz sits atop a $39.4 billion empire built on the wings of Red Bull, the energy drink sensation that took the world by storm.
Lívia inherited about a 3.1% stake in the publicly traded WEG, and despite her wealth, she holds no executive role or board seat at the company. In fact, she’s currently a university student studying psychology, and has expressed a desire to avoid the spotlight and maintain her privacy. Her family’s company, meanwhile, continues to thrive with factories in over 10 countries and billions in revenue each year. At 21 and 19 years old, respectively, Kim Jung-min and her younger sister Kim Jung-youn inherited a significant stake in Nexon, a prominent game maker, after their father’s passing. Their inherited wealth has made them noteworthy figures among the world’s youngest billionaires. Katharina Andresen, aged 28, joins the billionaire club with a net worth of $1.5 billion.
This substantial wealth keeps him firmly in the public eye, especially given the Dassault name’s long-standing influence in French industry and political circles. That staggering event set him on a path to a $3.3 billion net worth by age 22, a scenario nearly unimaginable for most teens. While his peers worried about school exams or weekend plans, Kevin’s share in dm quietly ballooned alongside the company’s robust performance. Clemente Del Vecchio is another standout in discussions about the Youngest Billionaires in the World.
Kevin Lehmann was 22 when he became Germany’s youngest billionaire after inheriting a significant share in the country’s national drugstore chain, dm-drogerie markt. The business’s control of retail pharma and consumer goods forms the basis of his fortune. Clemente’s wealth is based on his large ownership in the family business and its presence around the world in luxury retail. Chen studied math, computer science and linguistics at MIT before doing stints in machine learning across the tech trifecta of Google, Facebook and Twitter. Frustrated by what he saw as the lack of quality training data for AI, he launched Surge AI in 2020 to fix the problem.
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The holding company not only owns significant shares in EssilorLuxottica, but also UniCredit and Generali. Luca and Clemente are the only two children of Leonardo Del Vecchio and Sabina Grossi, Luxottica’s former head of investor relations. The investment—made just a year after dm was founded—proved to be highly lucrative, with the chain now operating over 3,700 locations.
As of the 17th of February in the year 2025, it is predicted that her net worth is $2.5 billion. In addition to being the daughter of Carole Tranchant, she is also the daughter of Olivier Dassault, a notable French politician and businessman who passed away. Kim Jung-min is the older twin sister of Kim Jung-youn and her source of Wealth is also NXC, Nexon. Kim Jung-min and her sister, Kim Jung-youn co-inherits NXC, the holding company behind Nexon, one of the world’s largest online gaming companies. The sisters keep a low public profile and are not involved in the company’s daily operations. Rounding out the Youngest Billionaires in the World is Firoz Mistry, Zahan’s brother and another recipient of the Tata Sons and Shapoorji Pallonji Group inheritance.
SalMar exports to over 50 countries and is Norway’s fifth-richest person and largest taxpayer. Born in Ireland, Collison became a billionaire at age 26 with the success of Stripe, a payment software company he co-founded with his brother. So, it’s amazing to see young people who are under 35 years old becoming billionaires. Gustav Magnar Witzoe, 30, nets a $3.7 billion fortune by sustainably farmed Atlantic salmon at an unprecedented scale. His family’s pioneering aquaculture techniques haven’t just transformed the industry; they’ve also shown the world that environmental responsibility can be a recipe for billionaire success.
But a select few lucky billionaires have managed to amass at least $3.8 billion—this year’s record-breaking minimum net worth—while still relatively young. Much of his fortune comes from Dassault Aviation, the French aerospace giant founded by his grandfather. The Dassault family top 10 youngest billionaires in the world is also known for owning the prominent newspaper Le Figaro and a private aeronautics company.
