27-year-old Alexandra Andresen from Norway has carved her path to a $1.5 billion fortune at just 27. Jung-youn’s sister Kim Jung-min is also among the top 10 billionaires in the world. He holds 50 per cent ownership stake in Germany’s drugstore chain, dm (drogerie markt), with an annual revenue exceeding $14 billion. This year, the 25 youngest people on the Forbes’ World’s Billionaires list are all 33 or younger. A few are self-made, having built notable companies like Snap (Evan Spiegel, 33), Gymshark (Ben Francis, 31) and Oculus VR (Palmer Luckey, 31). Witzoe owns nearly half of SalMar ASA, the Norwegian salmon producer his father founded in 1991.
#2 Wang Zelong
His great-grandfather, a Holocaust survivor, laid the foundations for the family fortune when he invented an airplane propeller the French used in the First World War. Like his brother Firoz, his wealth comes from a 4.6% stake in the Tata conglomerate as well as a 25% stake in construction giant Shapoorji Pallonji Group. He and Firoz have been taking on leadership roles in the debt-laden SP Group and helping to reorganize it in the wake of their father’s death.
#3 Alexandra Andresen
Witzoe’s fortune nearly doubled in the past year thanks to SalMar’s strong market performance. The Republic is also high on the consideration list for business owners who are considering moving their personal wealth in the next 12 months, HSBC said. Alongside Brian Chesky and Joe Gebbia, Nathan Blecharczyk is a cofounder of the wildly successful app-based hospitality company Airbnb. He currently serves as chief strategy officer, and helped lead the company through a massive business downturn caused by the global pandemic. Ernest Garcia III is the founder of Carvana, an online service that took the used car buying experience from local to national.
Kim Jung-min and Kim Jung-youn
Austin Russell, who became the world’s youngest self-made billionaire when his automotive sensor firm Luminar Technologies went public in December 2020, has also seen his fortune slide. Now 27, Russell’s net worth is down by one-third, to an estimated $1.6 billion. Clemente is in second place on the list of the top ten youngest billionaires in the world.
- His great-grandfather, a Holocaust survivor, laid the foundations for the family fortune when he invented an airplane propeller the French used in the First World War.
- This young mogul is proving that Hong Kong’s real estate future is in his hands.
- Jonathan’s entrepreneurial spirit thrives on taking on seemingly impossible projects and exceeding expectations.
- Kim Jung-Youn, the teenage daughter of Kim Jung-Ju who founded the online gaming company Nexon, is the youngest billionaire in the world as of November 2022.
- Nonetheless, a few self-made young billionaires have navigated the challenges of entrepreneurship with determination, resilience, and a knack for seizing opportunities.
Luca Del Vecchio is among the six offspring of the late Leonardo Del Vecchio. Following his father’s demise, Luca, like his brother, Clemente, inherited a 12.5 percent stake in the Luxembourg-based holding company Delfin. Delfin’s extensive portfolio encompasses EssilorLuxottica holdings, shares in insurer Generali, banks such as Mediobanca and UniCredit, and the real estate developer Covivio. Unlike his brother Clemente, Luca is the chief strategy officer and actively engages in the company’s affairs. One of two teenage billionaires on this year’s rankings, Kim Jung-youn inherited a stake in her late father’s holding company, which in turn holds approximately half of online gaming giant Nexon.
Prince Louis of Wales is a member of the British royal family and the youngest child of William, Prince of Wales, and Princess Catherine. Prince Louis top 10 youngest billionaires in the world is fourth in line to succeed the British throne after his father and two siblings. Anastasia was born in Russia in 2014 and was diagnosed with cerebral palsy.
Ben Silbermann serves as the CEO of Pinterest, and was also a cofounder of the company back in 2010. Originally from Iowa, Silbermann amassed his fortune when Pinterest went public in April 2019. His San Francisco-based artificial intelligence company, Scale AI was valued at $7.3 billion earlier this year. Dropping out of Massachusetts Institute of Technology, Wang started the company at 19 years old with co-founder Lucy Guo.
Altogether there are seven self-made billionaires under 30 on this year’s list, outnumbering the five heirs to established fortunes. That’s thanks in part to Stanley Tang and Andy Fang, both 29, who cofounded food delivery app DoorDash in 2013 with Tony Xu (who’s now 37). Their stakes were each valued at over $2 billion when the company went public in 2020, and while the stock has dropped off since then, the two are still worth an estimated $1.2 and $1.1 billion, respectively.
In 2018, Wang made the “Forbes 30 under 30 Enterprise Technology” list with his company. Among his other valuable possessions, Albert II owns a stake in Société des Bains de Mer, a Monegasque holding company that controls the iconic Monte Carlo Casino, Hotel de Paris, and Opera de Monte-Carlo. The company (initially a casino) was established by Prince Charles III in 1863.