Becoming a billionaire was not really talked about a decade ago, and it took generations to acquire that kind of wealth.
However, since the digital revolution, many people around the world have managed to do it in under 30 years!
From family inheritances, family business, and technology start-ups, there are now more young billionaires today, than ever before, with the youngest in the world being just 21 years old!
So, without further ado, let’s take a look at the 20 youngest billionaires in the world…
The 20 Youngest Billionaires in the World
The list of billionaires and figures mentioned below have been compiled from various sources around the web, such as Investopedia, The Street & Fox Business.
These are the 20 youngest billionaires in the world:
20. Julio Mario Santa Domingo, III
Age: 34
Net Worth: $1.7 Billion
The first youngest billionaire in the world to be featured on our list is Julio Mario Santa Domingo, III.
Julio is one of four heirs to his grandfather’s Columbian beer empire and is a stakeholder in both Anheuser-Busch InBev and SABMiller.
The 34-year-old billionaire is currently a DJ in New York City and is worth $1.7 billion.
19. Geoffrey Kwok
Age: 34
Net Worth: $2.9 Billion
Next on the list is Geoffrey Kwok, the oldest son of Walter Kwok, a Hong Kong Developer and former Chairman of Sun Hung Kai Properties.
The 34-year-old billionaire inherited a large stake in his father’s company, which increased his net worth to $2.9 Billion.
In 2018, Geoffrey joined the board at SHKP, his father’s company, and now manages their hotels and serviced apartments in Hong Kong and China.
18. Aiyawatt Srivaddhanaprabha
Age: 34
Net Worth: $1 Billion
CEO of King Power, an airport duty-free empire throughout Thailand, Aiyawatt Srivaddhanapraha is the eighteenth youngest billionaire in the world.
He inherited the company from his father, which meant that at only 34 years old, Aiyawatt has a net worth of $1 Billion.
His father’s entire estate was divided between Aiyawatt’s mother and three siblings.
Aiyawatt Srivaddhanaprabha is also the chairman of Leicester City Football Club in the United Kingdom, and OH Leuven in Belgium.
17. Jihan Wu
Age: 33
Net Worth: $1.5 Billion
Coming in at number seventeen on our list, is cryptocurrency entrepreneur, Jihan Wu.
Jihan is the co-founder and co-CEO of Bitmain Technologies, which is a Chinese company that designs application-specific integrated circuit chips for Bitcoin mining.
Bitmain Technologies has since gone on to become the world's largest computer chip company for bitcoin mining, making $742.7 million in profit in the first half of 2018.
Jihan is 33 years old and lives in Bejing, China.
16. Christopher Kwok
Age: 33
Net Worth: $1.8 Billion
Christopher runs Empire Group Holdings, a property development company in Hong Kong.
He also inherited a large stake in Sun Hun Kai Properties, from his father, Walter Kwok, and is now worth $1.8 billion.
Since 2016, he has served as executive director of Sung Hun Kai Properties and is in charge of sales, project management, and leasing of all major properties.
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15. André Kasprzak
Age: 32
Net Worth: $1 Billion
André Kasprzak owns a large number of shares in ECCO, a Danish shoe manufacturer.
ECCO was founded by Andrés farther and has grown to have more than 2,000 stores worldwide, plus a major e-commerce outlet, which enables them to sell their shoes in over 90 countries.
In 2017, André joined ECCO’s supervisory board and now has a net worth of $1 billion.
14. Eva Maria Braun-Luedicke
Age: 32
Net Worth: $1.2 Billion
At just 32 years old Eva Maria Braun-Luedicke has a 12% stake in B. Braun Melsungen, a billion-dollar German medical and pharmaceutical device company, which has offices and facilities in over 60 countries.
The company today has over 60,000 employees and manufactures products ranging from infusion and injection solutions to surgical instruments.
Eva Maria Braun-Luedicke is currently 32 years old and worth $1.2 billion.
13. Lukas Walton
Age: 32
Net Worth: $17.8 Billion
Grandson of Sam Walton, the founder of Walmart, Lukas Walton received approximately one-third of his father’s, John Walton, estate when he died in a plane crash in 2005.
Lukas also owns stakes in Walmart, First Solar, and Arvest Bank, however, he does not work for any of these companies, choosing to invest silently instead.
Lukas Walton has been very generous with his fortune, donating at least $149 million to his family’s namesake foundation.
12. Said Gutserviev
Age: 31
Net Worth: $1.3 Billion
31-year-old, Said Gutserviev is a Russian entrepreneur and CEO of FortreInvest JSC, an oil holding company, as well as being the co-owner of Industrial and Financial Group SAFMAR.
Said’s father, Mikhail Gutserview, gave Said stakes in oil, coal, retail and financial companies, which increased his net worth to $1.3 billion.
In 2019, Said became one of the first people to invest in Currency.com, a cryptocurrency exchange in Belarus.
Said Gutserviev is the twelfth youngest billionaire in the world.
11. Bobby Murphy
Age: 31
Net Worth: $2.1 Billion
Bobby Murphy is an American internet entrepreneur and one of the co-founders of Snap Chat Inc, a hugely successful social media company.
Murphy, Snap’s Chief Technology Officer, built the popular social media app with Evan Spiegel, his Stanford University Fraternity friend.
Since Snap Chats' success, Murphy has invested roughly $30 million into real estate and still owns about 18% of Snap Chat Inc.
He’s currently worth $2.1 billion and lives in Venice, California.
10. Patrick Collison
Age: 30
Net Worth: $2.1 Billion
Coming in at number ten on our list of the youngest billionaires in the world is, 30 year old, Patrick Collison.
Patrick is the co-founder of Stripe, an American payment technology company based in San Francisco, California.
Originally from Ireland, Partick and his brother came up with the idea for Stripe whilst they were both in college in Boston at MIT.
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Elon Musk and Peter Theil both invested in Stripe and the company announced a 5 funding round in 2018 that valued the company at .25 billion.
9. Jonathan Kwok
Age: 30
Net Worth: $2.3 Billion
Four years younger than his brother, Geoffrey Kwok, who’s the seventeenth youngest billionaire in the world, Jonathan Kwok runs Empire Group holdings with his brother.
Jonathan also inherited his father’s stakes in Sun Hun Kai Properties and is now worth $2.3 billion at just 30 years old.
He studied business administration at Cornell University and is a citizen of Hong Kong.
8. Anna Kasprzak
Age: 29
Net Worth: $1 Billion
Anna Kasprzak is the younger sister of André Kasprak and a large shareowner of ECCO, a Danish shoe manufacturer.
Anna is also an Olympic dressage rider and competed in the 2016 Olympic Games in Rio de Janerio, where she placed 14th.
She now operates a private dressage barn in Haderslev, Denmark, where she lives.
Anna is currently only 29 years old and worth $1 billion, which makes her the eighth youngest billionaire in the world.
7. Ludwig Theodor Braun
Age: 29
Net Worth: $1 Billion
Ludwig Theodor Braun, 29, owns a 10% stake in B. Braun Melsungen, a medical device company, founded in 1938 as a small pharmacy that sold herbal remedies.
In 1977 Ludwig’s father, Ludwig George Braun, took over the company and grew it to around $8 billion in annual sales.
Today, the company has more than 60,000 employees worldwide and specializes in producing infusion and injection solutions for surgical instruments.
Ludwig Theodor Braun is currently 29 years old, worth $1billion, and lives in Melsungen, Germany.
6. John Collison
Age: 28
Net Worth: $2.1 Billion
Two years younger than his older brother, Patrick Collison, the tenth youngest billionaire in the world, John Collison is the co-founder and president of Stripe.
After coming up with the idea for stripe whilst attending college at MIT in Boston, the company has since gone on to be valued at $20.25 billion, after a 2018 funding round of $245 million.
John Collision, 28, was born and raised in the countryside of Ireland close to Limerick, along with his older brother and co-founder of Stripe, Patrick Collison.
Today, John is worth $2.1 billion at 28 years old.
5. Evan Spiegel
Age: 28
Net Worth: $2.1 Billion
The fifth-youngest billionaire in the world is Evan Spiegel.
Evan is the co-founder, along with Bobby Murphy, and CEO of Snap Chat Inc, a social media company that, approximately, 203 million people use every day to send disappearing photos and videos.
At just 28 years old, Evan is worth $2.1 billion and is graduated from Standford University with a B.S. in Product Design.
Spiegel has been very generous with his money, already donating $65 million of Snap stock, whilst also pledging to donate a further 13 million shares, with Bobby Murhpy, to the Snap foundation.
4. Gustav Magnar Witzoe
Age: 26
Net Worth: $3 Billion
The fourth youngest billionaire in the world is Gustav Magnar Witzoe.
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At just 26 years old, he’s worth $3 billion, thanks to the 50% stake in Salmar ASA given to him by his father and company founder, Gustav Witzoe.
Salmar pioneered the industrialization of fish farming in Norway, enabling the company to make much higher margins and therefore, more profits.
Gustav Magnar Witzoe is the fourth-youngest billionaire in the world and lives in Keverva, Norway.
3. Katharina Andreson
Age: 23
Net Worth: $1.4 Billion
The third youngest billionaire in the world is Katharina Andreson.
Katharina, 23, is a Norwegian heiress that inherited 42% of Ferd, which is the Ferd family's investment company.
Her father, Johan Andreson, who founded the company, still runs the company and owns 70% of the votes, via a dual-class share structure.
Ferd is an active investor on the Nordic Stock exchange and runs private equity investments and hedge funds.
Johan Andreson gifted both his daughters 42% of the company in 2007, which made the sisters some of the youngest billionaires in the world.
2. Alexandra Andresen
Age: 22
Net Worth: $1.4 Billion
Alexandra Andresen is the sister of Katharina Andreson and the second youngest billionaire in the world by one year.
Like her sister, she was gifted 42% of her father’s investment company, Ferd, in 2007, and now has a net worth of approximately $1.4 billion.
At just 22 years old, Alexandra’s net worth makes her the second-youngest billionaire in the world.
1. Kylie Jenner
Age: 21
Net Worth: $1 Billion
The youngest billionaire in the world is Kylie Jenner.
Kylie is a self-made U.S. billionaire, who’s the founder of Kylie Cosmetics, a U.S.-based cosmetic company.
Owning a 100% stake in her cosmetic company, her net worth has rocketed to $1 billion in recent years.
Using $250,000 from her modeling earnings, Kylie invested in an outside company to produce her first 15,000 lip kits, which she started selling in 2015 for $29.
Since then, Kylie sold an estimated $360 million worth of Kylie Cosmetics in 2018, which helped the company reach a valuation of at least $900 million.
Kylie, 21, lives in Hidden Hills, California, and is the youngest billionaire in the world!
We hope you enjoyed our list of the 20 youngest billionaires in the world.
Hat’s off to them all.
It takes a lot of hard work to start and run any kind of company, so to become one of the youngest billionaires in the world is an amazing achievement!
Here’s a quick recap of the 20 youngest billionaires in the world:
·
Kylie Jenner
·
Alexandra Andresen
·
Katharina Andreson
·
Gustav Magnas
Witzoe
·
Evan Speigel
·
John Collison
·
Ludwig Theodor
Braun
·
Anna Kasprzak
·
Johnathan Kwok
·
Patrick Collison
·
Bobby Murphy
·
Said Gutserviev
·
Lukas Walton
·
Eva Maria
Braun-Luedicke
·
André Kasprzak
·
Christopher Kwok
·
Jihan Wu
·
Aiyawatt
Srivaddhanprabha
·
Geoffrey Kwok
· Julio Mario Santa Domingo, III
Who’s your favorite youngest billionaire?
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