Who are the 18 youngest billionaires in the world? What makes them different from us? Let’s discover and learn.
A billion- 1,000,000,000 is a lot of money and is difficult to comprehend for most of us.
Even if we make a US federal minimum wage of roughly $14,500/year or $7.25/hr, it will take 69,000 years to earn a billion dollars.
As of now, there are 2,755 billionaires in the world.
Currently, Elon Musk is the wealthiest person in the world with approximately $296.2 billion net worth, and he is 51 years old.
So how young is too young to become a billionaire?
Kevin David Lehmann is the youngest person to become a billionaire until now. Luck or fate, whatever it be, looks like he had it in him.
Without circling around the bush, let’s take a look at the list of the youngest billionaires in the world.
Quick Overview
| Name of Billionaires | Age | Net Worth |
| 18) Rihanna | 33 | $1.3 billion |
| 17) Bobby Murphy | 33 | $10.8 billion |
| 15) Whitney Wolfe Herd | 32 | $1.2 billion |
| 16) Evan Spiegel | 31 | $10 billion |
| 14) Lisa Draexlmaier | 29 | $1.7 billion |
| 13) Elisabeth Surt Waengler | 29 | $1.3 billion |
| 12) Jonathan Kwok | 29 | $2.2 billion |
| 11) Sam Bankman-Fried | 29 | $22.5 billion |
| 10) Stanley Tang | 29 | $2 billion |
| 9) Andy Fang | 29 | $2 billion |
| 8) Gustav Magnar Witzoe | 28 | $4.4 billion |
| 7) Austin Russell | 26 | $2 billion |
| 6) Katharina Andresen | 25 | $1.4 billion |
| 5) Alexandra Andresen | 25 | $1.4 billion |
| 4) Wang Zelong | 25 | $1.5 billion |
| 3) Kevin David Lehmann | 18 | $3.7 billion |
| 2) Prince George | 8 | $3.7 billion |
| 1) Princess Charlotte | 6 | $4.91 billion |
Youngest Billionaires
The list has been compiled from various sources in the web including Wikipedia and Forbes.
18) Rihanna
Age: 33
Robyn Rihanna Fenty is a singer, actress, businesswoman, and whatnot. Born on February 20, 1988, she owns Fenty Beauty and Savage X Fenty.
Fenty Beauty is a makeup and skincare brand, whereas Savage X Fenty is a lingerie brand.
Moreover, Rihanna is well-recognized for her career in the music industry too. Her big hits are Umbrella, Diamonds, the Monster, Only Girl, Work, etc.
With a total of 634 nominations and 349 wins, her music career is a big success.
As of 2023, Rihanna has a net worth of $1.7 billion.
17) Bobby Murphy
Age: 33
Robert Cornelius Murphy is an internet entrepreneur and software engineer born on July 19, 1988.
He is the co-founder and CEO of a multi-billion dollar social platform Snap Inc., or Snapchat Inc.
Snap was founded in 2011 by Bobby Murphy and Evan Speigel.
In 2014, he was included in the list of 100 Most Influential People.
Snap has $5 billion in assets and $945 million in net income. Thus, he is one of the youngest billionaires with an estimated net worth of $10.8 billion.
15) Whitney Wolfe Herd
Age:32
Whitney Wolfe Herd is an entrepreneur and businessperson.
Born in July 1989, she is the founder and CEO of Bumble Inc. Bumble is an online dating platform that matches potential people and allows them to communicate.
She was the vice president of marketing for Tinder.
She finally succeeded in establishing a female-centered dating app in December 2014.
Bumble as a whole has a total valuation of $13 billion, whereas Herd has an estimated net worth of $1.2 billion.
16) Evan Spiegel
Age: 31
Evan Thomas Spiegel is the co-founder and CEO of Snap Inc. Born on June 4, 1990, Speigel is an internet entrepreneur.
In 2015, Speigel was the youngest billionaire in the world. We all know that Snap is a very famous social media platform loved by many celebrities and influencers.
As of 2023, Speigel has a net worth of $10 billion.
Did you know?
The original name of Snap was Picaboo, which was later changed to Snapchat.
14) Lisa Draexlmaier
Age: 29
Lisa Draexlmaier, and her father, Fritz Draexlmaier, are the founders of the Draexlmaier group.
The company is responsible for producing automobile parts. From electronic components to instrument panels and interiors, you can find it all in the Draexlmaier group.
Its customer includes Audi, Porsche, Audi, Tesla, Maserati, Land Rover, Lamborghini, Volkswagen, etc.
Lisa is the sole owner of the company, which had $6.588 billion in revenue in 2019.
To sum up, Lisa now has a net worth of $1.7 billion.
13) Elisabeth Furtwaengler
Age: 29
Born in 1992, Elisabeth is the daughter of Hubert Burda and Maria Furtwaengler.
Hubert is a publishing magnate, whereas Maris is an actress and doctor. Moreover, she owns 25% of the Burda Media Group.
Burda Media Group owns websites, TV broadcasters, and more than 70 magazines in 24 countries.
Moreover, in 2016, Maria and Elisabeth founded the MaLisa foundation to help end violence against females worldwide.
Elisabeth studied art history and music conservatory.
Furthermore, she has an estimated net worth of $1.3 billion.
12) Jonathan Kwok
Age: 29
Born in 1992, Jonathan is the youngest son of late Walter Kwok. Walter is the founder of Empire Group, along with his brothers.
Jonathan inherited a portion of his stake from Sun Hung Kai Properties. As a result, he became one of the youngest billionaires.
As of 2023, he has a net worth of $2.2 billion.
11) Sam Bankman-Fried
Age: 29
Sam Bankman-Fried is an internet entrepreneur and the founder and CEO of FTX.
FTX is a cryptocurrency exchange platform that currently has over 1 million users. Daily $10 billion worth of trading takes place on the platform.
Although he is one of the youngest billionaires, he lives a pretty modest life.
All in all, he has a net worth of $22.5 billion.
10) Stanley Tang
Age: 29
Stanley Tang was born in 1992. He is a tech entrepreneur and known for being the co-founder and Chief Product Officer at DoorDash.
Tang, Tony Xu, Andy Fang, and Evan Moore founded DoorDash in 2013.
DoorDash is an online food delivery platform based in San Fransisco.
With many employment opportunities for drivers, tech masters, restaurants, and many more, it without a doubt become a big hit in a short span.
As of 2023, Stanley has a net worth of $2 billion.
9) Andy Fang
Age: 29
Similar to Stanley, Andy is also the co-founder of DoorDash. He owns about a 4% stake in the platform.
Fang is responsible for handling consumer engineering in the company.
Furthermore, his net worth is around $2 billion.
8) Gustav Magnar Witzoe
Age: 28
Businessperson Gustav was born on 8th February 1993.
He owns almost half of SalMar ASA, which is one of the world’s largest salmon producers.
The stake of SalMar was gifted to Gustav by his father in 2013. Salmar has revolutionized fish farming in Norway.
His elder brother still runs the company, and Gustav is involved in real estate.
Moreover, Gustav has a net worth of $4.4 billion, making him one of the youngest billionaires.
7) Austin Russell
Age: 26
At the age of 17, Austin founded automotive sensor firm Luminar Technologies, which went public in a SPAC merger in Dec 2020.
The company produces autonomous vehicle sensors and software. Interestingly Tesla uses Luminar sensors.
Luminar Technologies is worth $6.7 billion, whereas Russell has a net worth of $2 billion.
6) Katharina Andresen
Age: 25
Katharina and Alexandra are the daughters of John H. Andresen Jr. Born on May 21, 1995, Katharina currently serves as Board observer in Ferd AS.
Ferd As is a Norwegian holding company that holds ownership in the finance, real estate, and industry sector.
Moreover, Katharina now has an estimated net worth of $1.4 billion as of 2023.
5) Alexandra Andresen
Age: 25
Alexandra Andresen was born on 23rd July 1996. She is a Norwegian equestrian. However, the source of her wealth is the investment company, Ferd.
Alexandra and Katharina inherited 42.2% of the company, making them the youngest billionaires.
Moreover, Alexandra has won many awards and titles in horse dressage competitions. She has also modeled for KingsLand.
Although the sisters are young billionaires, they live a decent and down-to-earth life.
She has a net worth of $1.4 billion as of 2023.
4) Wang Zelong
Age: 25
Born in 1997, Wang Zelong is an entrepreneur from China.
The source of Zelong’s wealth is CCNC Titanium Dioxide and Lomon Billions Group. He inherited $1.3 billion of CNNC Hua Yuan Titanium Dioxide Co.
Titanium dioxide pigment is used for ink, paint, coatings, etc.
Moreover, Zelong has a net worth of $1.5 billion.
3) Kevin David Lehmann
Age: 18
Holding the third spot of youngest billionaires, we have Kevin David Lehmann.
Born in 2003, he is the son of Guenther Lehmann. After inheriting the stakes of dm-drogerie markt a the age of 18, he became a billionaire.
Guenther owns 50% of the drugstore chain in Germany.
Having more than 3,700 stores in Germany and employing 41,000+ people, the drugstore generates $12 billion in annual revenue.
However, they maintain a low profile in media.
Kevin has an estimated net worth of $3.7 billion.
2) Prince George
Age: 8
Prince George of Cambridge is the child of Prince William and Catherine. He is third, in succession to the British throne.
Prince George has a massive impact on Britain’s economy. Interestingly, whatever clothing and accessories Prince George uses are sold out immediately. It is also called the royal baby effect.
Moreover, he has landed on the list of Best Dressed Men in Britain.
As of 2023, he has a net worth of $3.7 billion.
1) Princess Charlotte
Age: 6
Princess Charlotte of Cambridge, born on May 2, 2015, is the daughter of Prince William and Catherine.
Undoubtedly, the royal family has an impact on the economy of England. The sale of accessories, clothing and toys royal children use significantly increases.
This is common in the UK. In her case, it is referred to as the “Princess Charlotte Effect.” She is on her way to becoming the richest young royal.
All in all, she has an estimated net worth of $4.91 billion.
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