When Günther Fielmann, the entrepreneur known for bringing cheap eyeglasses to Germany, died in January at the age of 84, he left much of his fortune to his two children, Sophie and Marc. While Marc, age 34, has helmed Fielmann AG since 2019, Sophie has no role in the eyeglasses company but still owns about a third of its stock. In 2017, he founded the defense technology company Anduril, which has been sending drones to Ukraine. Spiegel dropped out of Stanford to start Snapchat with his fraternity brothers Bobby Murphy and Reggie Brown in 2011 and became a billionaire by the age of 25. Now he and Murphy, 35, together own about a quarter of publicly traded Snap Inc., which generated $4.6 billion in revenue last year.
- He started his entrepreneurial career in high school when he developed an app called Impossible Rush, which eventually overtook Twitter and Tinder on the App Store’s top charts.
- 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.
- Meet the top eight youngest billionaires in the world, according to Forbes at the time of writing, and find out how they accumulated their vast fortunes at such a young age.
- StartEngine provides individual investors the opportunity to put a stake in some of the most exciting startup firms.
- Baiju Bhatt cofounded Robinhood, the company behind the stock trading app of the same name, back in 2013.
Age: 19 Citizenship: South Korea Source of Wealth: Online gaming Net Worth: $1.7 Billion
Morgan offloaded his stake to private equity firm General Atlantic in a 2020 deal that valued the company at $1.5 billion. The company uses AI to advise small- and medium-scale enterprises with aging owners who have no one lined up to take over. He became a billionaire last April, when M&A Research Institute Holdings’ share price skyrocketed thanks to spiking revenues and a surge of M&A activity in Japan. These inheritances illustrate the beginning of a long-anticipated generational wealth transfer among aging populations around the world.
Mateschitz is the richest of all 150 newcomers to the 2023 billionaires list. They’re far from the only young billionaires to have joined the list in the past three years due to a father’s passing. Italy’s Clemente Del Vecchio, 19, received a hefty stake in the Italian-French maker of Ray-Ban, EssilorLuxottica, after the 2022 death of Leonardo Del Vecchio. His brothers Leonardo Maria, 28, and Luca, 22, also inherited fortunes, as did three older siblings. Then there’s Sophie Luise Fielmann, 29, German heiress to Fielmann AG, an eyeglasses fortune left by her father, Günther Fielmann, who died in January at age 84.
Age: 33 Citizenship: Ireland Source of Wealth: Stripe Net Worth: $7.2 Billion
Sumail was born in Karachi, Pakistan, and started playing Dota 2 when he was seven years old. Evil Geniuses came third in last year’s The International (TI8), winning prize money of about $2.5 million. The agency hires freelance property consultants on a contractual basis, depending on the number of properties they have in hand. This eliminates the need for traditional agents and significantly reduces their operational costs. Well, the incredibly high valuation of her wealth is mostly due to her influence in the fashion industry. What is now known as the “Charlotte effect,” much similar to the “Kate effect” sparked by Kate Middleton a few years ago, has already affected the British retail market once.
Princess Charlotte of Cambridge
Singapore is host to 47 billionaires with a combined wealth of US$155.5 billion, according to the latest UBS Billionaire Ambitions Report released on Dec 5. Baiju Bhatt cofounded Robinhood, the company behind the stock trading app of the same name, back in 2013. In the eight years since, Robinhood became the standard in mobile stock trading. It went public earlier this summer, which sparked a wave of criticism from institutional investors.
Along with her younger sister, Kim Jung-youn, Jung-min inherited around a third of their family’s assets—including a 15% stake each in game maker Nexon—after their father Kim Jung-ju died in February 2022. Jung-ju founded Nexon, known for its massively multiplayer online games Kingdom of the Winds and MapleStory, in 1994. That includes Ben Francis, who founded activewear maker Gymshark in 2012, when he was 19, and Palmer Luckey, who sold his first startup to Facebook and is back with a successful defense tech business. She and her sister Livia are the youngest granddaughters of Werner Ricardo Voigt, the billionaire cofounder of the Brazilian electrical equipment producer WEG, who died in 2016. They each own 3.1% of WEG, slightly less than the 3.9% stakes owned by their older cousins Eduardo and Mariana. WEG exports to over 135 countries and is one of the world’s biggest electric motor manufacturers.
Jonathan Kwok, also 29, is No. 10 with $2.4 billion from an inherited stake in Hong Kong property developer Sun Hung Kai Properties. As president of In-n-Out Burger, Lynsi Snyder has expanded the beloved burger chain her grandparents started. Since taking over as president in 2010, Snyder has expanded the west coast top 10 youngest billionaires in the world chain’s footprint by over 100 restaurants and counting. I am a content writer and researcher with over seven years of experience covering all gaming and anime topics.
The world’s youngest billionaire is 19-year-old Livia Voigt, who is still in university. The Brazilian teenager is worth around US$1.1 billion as a result of her minority stake in the electrical equipment company WEG, co-founded by her late grandfather. These firms are in the payment processing, fintech and pharma industries. The 28-year-old serial entrepreneur is working on a crypto-related startup and should continue to expand his business empire to further boost his $1.1 billion fortune. Zahan Mistry is the son of Cyrus Mistry, the former chairman of Tata Sons. He inherited an 18.4 percent stake in Tata Sons after his father’s demise in 2022 through a car crash.
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He is also the President of Groupe Artémis, a holding company with investments in different sectors from sports, tourism, publishing, food, and tech. Following her birth, her paternity became the center of media attention, with several notable figures, including Howard K. Stern, Frederic von Anhalt, and Larry Birkhead, claiming to be her father. A formal DNA test ultimately confirmed Larry Birkhead as her biological father.