Ltd. that offers titles such as MapleStory and The Kingdom of the Winds. Alexandra Andresen, is a 26-year-old Norwegian who owns a stake in investment firm Ferd. The company is one of the biggest privately held firms in Norway and owns a variety of real estate, finance and power-generation companies. She is not currently involved in the firm but is an accomplished award-winning equestrian and model.
The World’s 10 Youngest Billionaires
- He has made his mark in the eyeglass industry, following in the footsteps of his family’s eyewear empire.
- Dustin Moskovitz, who is one of the cofounder of Facebook, owns an estimated 2% stake in his former employer.
- They remind us that dreams can come true when pursued with passion and perseverance.
- Often described as a “formidable” entrepreneur, Alina built her company around the idea of sugar-free candy, using Xylitol as a substitute for sugar.
- As Red Bull’s co-founder by his father and mastermind, Mark plays his role remarkably as a stakeholder.
The wealthiest, and youngest, among the list is Clemente Del Vecchio, one of the six children of Leonardo Del Vecchio, the chairman of EssilorLuxottica who died in 2022. The world got a new teenage billionaire when Leonardo Del Vecchio died in June 2022. Clemente, the youngest Del Vecchio heir, is not known to have a role at Luxottica, which owns Sunglass Hut, Ray-Ban and Oakley, among others. Nineteen until July, and two months younger than Clemente Del Vecchio, she is the world’s youngest billionaire.
Source of wealth: E-commerce
Majority of the shares have been passed down from her late father Kim Jung-ju, who founded Nexon in 1994 and died at the age of 54 in February 2022. After his father’s death, he acquired 12.5 per cent ownership in the Luxembourg-based holding company Delfin, as per Forbes. Apart from EssilorLuxottica (which owns the brand Ray-Ban), the holding company has shares in insurer Generali, banks like Mediobanca and UniCredit, and real estate developer Convivio. He was only 19 when his father gifted him nearly half of the fish farming behemoth SalMar.
Age: 30 Citizenship: U.K. Source of Wealth: Gymshark Net Worth: $1.2 Billion
Jonathan Kwok, 31, worth $2.3 billion fortune by transforming Hong Kong’s skyline with daring architectural masterpieces. Jonathan’s entrepreneurial spirit thrives on taking on seemingly impossible projects and exceeding expectations. This young mogul is proving that Hong Kong’s real estate future is in his hands.
FTX, a crypto derivative exchange, has proven to be particularly lucrative. As of March 5, Forbes estimated his equity in the company was worth nearly $2 billion, while his FTX tokens were worth more than $5.6 billion. Chinese billionaires’ wealth, including Hong Kong’s, fell 16.8 per cent from 2015 to US$1.8 trillion in 2024, while their number dropped from 588 to 501. This could be due to the weaker Chinese equities market and real estate.
Kevin David Lehmann possesses a 50 percent ownership stake in Germany’s drugstore chain, dm (Drogerie Markt), with an annual revenue of around $14 billion. The company’s origins can be traced back to 1973 when Goetz Werner established its first store in Karlsruhe, Germany. In 1974, Kevin David Lehmann’s father, Guenther, who managed the family’s Pfannkuch grocery chain, invested in dm. Guenther transferred 50 percent of his ownership in dm to Kevin David in 2017. Neither Kevin David nor his father has actively participated in dm’s operational activities and is known for maintaining a private image. However, some self-made young billionaires have also had to navigate the complexities of entrepreneurship and innovation.
The new member of the Royal family reportedly contributed £50 million to the national economy in the year of his birth. Vladislav Vashketov and Nikita Vashketov (Vlad and Niki) are two Russian-American siblings who became YouTube sensations before the age of ten. Vlad and Niki, who are 10 and 8, respectively, run more than 20 YouTube channels in several different languages. YouTube has grown immensely top 10 youngest billionaires in the world and has emerged as a leading platform for the next generation of online celebrities. Many YouTube stars now have a larger fan following than TV and movie actors.