She and her sister, 26-year-old Dora Voigt de Assis, who also has a net worth of $1.1 billion, are the granddaughters of Brazilian billionaire Werner Ricardo Voigt. This year’s list features the children of titans of industries like gaming, pharmaceuticals, and eyewear. These young billionaires come from all over, but there are no Americans under 30 on the 2024 list, Forbes reported. Want to start accumulating potential wealth opportunities like the youngest billionaires in the world? StartEngine provides individual investors the opportunity to put a stake in some of the most exciting startup firms.
#3 Alexandra Andresen
He inherited 50% of German drugstore chain dm-drogerie markt from his father at age 14. It remained under a trusteeship until his 18th birthday, when he became a billionaire. Neither Lehmann nor his father is operationally involved in the $14 billion (revenue) company. Along with her younger sister Alexandra, Katharina is a sixth-generation owner of Ferd, the more than $4 billion (equity) investment company their father, Johan, runs. Katharina is a sustainability officer at an Oslo-based construction firm. When they transitioned into sewing and screen printing fitness clothing in Francis’ parents’ garage, their sportswear brand was born.
Below, you’ll find an interesting list of some of the richest kids and teenagers worldwide who are already famous. However, when we observe some young celebrities who have had immense wealth from an early age and see how they sometimes struggle, we start to question if it’s as great as it seems. Michal Strnad is the owner and CEO of Czechoslovak Group, better known as CSG, which he inherited from his father in 2018, according to the CSG website. The company is one of the biggest ammunition producers in the EU, per Reuters, specialising in weapons, army trucks and vehicles and radars. When his father died in 2021, 23-year-old Remi Dassault inherited about 2.5% of the French software company Dassault Systèmes and 4.1% of Dassault Aviation, according to Forbes.
Luca Del Vecchio is the second Del Vecchio brother to make the youngest billionaire list in 2024. Like his older brother, he inherited a 12.5% stake in the family business when their father died in 2022. Forbes has ages for about 97% of the 2022 list members; this post is based on the ages that we’ve been able to confirm.
They received their minority stakes in Tata after the 2022 death of their father, Cyrus Mistry, who died less than three months after their revered grandfather Pallonji Mistry. Just 19 years old and still in college, she’s worth an estimated $1.1 billion thanks to her minority stake in the electrical equipment producer WEG, which her late grandfather cofounded. She and her older sister, Dora Voigt de Assis, 26, are two of seven fresh faces among the 25 youngest billionaires, and two of 18 heirs among this set. The youngest billionaire on the planet is German heir Kevin David Lehmann, who is just 18. His father, Guenther Lehmann, transferred a stake in German drugstore chain drogerie markt to his son when he was 14, but it remained under a trusteeship until his 18th birthday, which was in September 2020.
Age: 27 Citizenship: Norway Source of Wealth: Investments Net Worth: $1.6 Billion
Zahan Mistry is actively involved in the family’s construction empire and owns a 25 percent stake in Shapoorji Pallonji Group. As part of its debt reduction strategy, the group intends to list Afcons Infrastructure, a privately held construction and engineering company, for an eye-watering $850 million. He inherited his wealth when his father died in a 2021 helicopter accident at age 69. The bulk of his fortune comes from an estimated 2.5% stake in the French software company Dassault Systèmes and an estimated 4.1% stake in Dassault Aviation.
Some of them even used innovative ideas to come up with something extraordinary and became the wealthiest people in the world. But there are some young people who, driven by determination, resilience and the ability to seize opportunities, are building empires and shaping the future. Most of them are in their early twenties (and one a teenager) and have amassed billions of dollars, as revealed by Forbes in its latest list. He owns nearly half of salmon farming company SalMar ASA, inherited from his father Gustav Witzoe, but does not have an operating role. Instead, he’s casting his line as a real estate and tech startup investor. He is the third Del Vecchio sibling and the fourth heir to an eyeglasses fortune among the 33-and-under set.
- She is currently enrolled in university and is completing coursework in psychology.
- 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.
- Regardless of how they came by their wealth, today’s young billionaires are not just building empires; they are shaping the future.
- Jackie Evancho started her singing career at the age of 8 at a local talent show in New Jersey.
Age: 26
In 2022, he paid off the student loan debt for the entire graduating class of top 10 youngest billionaires in the world the Otis College of Art and Design, where he’d taken classes during high school. For the first time since 2009, every billionaire under 30 inherited his or her fortune—the result of some self-made entrepreneurs aging into their 30s, and a sign that the “great wealth transfer” has begun. US billionaires accrued the greatest gains in 2024, reinforcing the country’s place as the main centre for billionaire entrepreneurs worldwide, UBS said. Their wealth rose by 27.6 per cent from 2015 to US$5.8 trillion in 2024, accounting for more than 40 per cent of billionaire wealth worldwide. Entertainment and media billionaires experienced the second-highest percentage growth due to the gaming industry.
He also inherited part of his family’s 18.4 percent stake in Tata Sons after their father, Cyrus Mistry, died in 2022. He has sharp entrepreneurial and business acuity and strategic foresight. Leonardo Maria is his father’s only child with Zampillo and heads strategy for Luxottica.