15 youngest billionaires in the world
The 15 youngest billionaires in the world according to Forbes' list this year are under 30 years old (except Gustav Magnar Witzøe) and have assets thanks to inheritance from their family.
Gustav Magnar Witzøe
Gustav Magnar Witzoe.Anh: Eikny Kristine Havik Skjaerseth
Age: 30
Assets: 4.2 billion USD
Source of wealth: Fish farming
Nationality: Norwegian
Gustav inherited half of the world's second largest salmon farming company, SalMar, at the age of 19. After 11 years, his father continued to run the company while Gustav focused on real estate investments and technology startups.
SalMar exports salmon products to more than 50 countries. Company shares are up 800% over the past decade, making Gustav the fifth-richest person in Norway and the biggest tax payer in 2022, with $29.6 million.
Kevin David Lehmann
Age: 21
Assets: 3.3 billion USD
Source of wealth: Pharmacy chain
Nationality: German
Kevin inherited 50% of the shares in the DM-drogerie markt pharmacy chain when he was just 14 years old. Neither he nor his father participate in running the company. This pharmacy chain has more than 4,000 stores across Europe and recorded revenue of about $17 billion in fiscal 2023.
Sophie Luise Fielmann
Günther Fieldan, with his two children Sophie (right) and Marc. Photo: Fieldmann
Age: 29
Net worth: 2.7 billion USD
Source of wealth: Eyewear
Nationality: German
When Günther Fielmann, the famous businessman who developed a low-cost eyewear brand in Germany, died in January at the age of 84, he left most of his assets to his two children, Sophie and Marc. Marc, 34 years old, has been running the Fieldmann company since 2019, while Sophie does not participate even though she owns about a third of the shares in this eyewear company.
Kim Jung-min and Kim Jung-youn
Age: 22 and 20
Wealth: $1.4 billion
Source of wealth: Online gaming
Nationality: Korean
Kim Jung-min and his sister Jung-youn each own about 9% of online game publisher Nexon, through parent company NXC and another company called Wise Kids.
The Kim sisters inherited shares after their father passed away in 2022. They had to pay a hefty inheritance tax in the form of NXC shares, giving the government a 29.3% stake in the company . Neither Kim Jung-min nor his sister have a role in Nexon.
Leonardo Maria Del Vecchio
Leonardo Maria Del Vecchio. Ảnh: SGP
Age: 28
Net worth: 4.7 billion USD
Source of wealth: Eyewear
Nationality: Italian
Leonardo is the Chief Strategy Officer of EssilorLuxottica - the world's largest eyewear company, owning the RayBan brand. Leonardo, his mother and six half-siblings inherited a 12.5% stake in Delfin, the company that owns nearly a third of EssilorLuxottica.
Luca Del Vecchio
Age: 22
Net worth: 4.7 billion USD
Source of wealth: Eyewear
Nationality: Italian
Luca is Leonardo's half-brother. His fortune stems from his ownership of 12.5% of Delfin, insurer Generali, real estate developer Covivio and Mediobanca Bank - UniCredit. Unlike his brother Leonardo, Luca has no role in EssilorLuxottica.
Clemente Del Vecchio
Clemente Del Vecchio. Ảnh: Instagram Clemente Del Vecchio
Age: 19
Net worth: 4.7 billion USD
Source of wealth: Eyewear
Nationality: Italian
As one of the two youngest billionaires in the world this year, Clemente is also one of the heirs of the Del Vecchio family. Like his brothers, Clemente owns 12.5% of Delfin shares and currently resides in Milan.
Remi Dassault
Age: 22
Assets: 2.5 billion USD
Source of wealth: Software
Nationality: French
Remi Dassault inherited his fortune when his father died in a helicopter crash in 2021 at the age of 69. Most of his assets come from a 2.5% stake in French software company Dassault Systèmes and 4.1% Dassault Aviation.
Remi's great-grandfather, a Holocaust survivor, laid the foundation for the family fortune when he invented the airplane propeller that the French used during World War I.
Katharina Andresen
Catherine Andresen. Photo: Dag Knudsen
Age: 28
Assets: 1.7 billion USD
Source of wealth: Investment
Nationality: Norwegian
Katharina Andresen's great-grandfather bought the cigarette manufacturer Tiedemanns Tobaksfabrik in 1849 and built it into the family empire, until Andresen's father sold it in 2005.
They now focus on Ferd Investments, which mainly deals in real estate and invests in Nordic private companies, such as oil services business Interwell and Norway's largest private medical laboratory. .
Andresen and his sister each own 42% of Ferd's shares. After accumulating experience as an observer for several years, she became a board member in June 2023.
Alexandra Andresen
Alexandra Andresen. Photo: Dag Knudsen
Age: 27
Assets: 1.6 billion USD
Source of wealth: Investment
Nationality: Norwegian
Like her sister Katharina, Alexandra holds 42% of Ferd shares and is currently a member of the board of directors. But her greatest passion is horseback riding. She owns a horse stable in Oslo. Andresen Dressage himself was also a three-time Norwegian champion in equestrian performance. Spinal stenosis problems forced Alexandra to stop competing.
Firoz Mistry
Firoz Mistry (far left) with Zahan, mother and late father Cyrus Mistry. Photo: ET Bureau
Age: 27
Assets: 4.9 billion USD
Source of wealth: Investment
Nationality: Irish
Firoz Mistry and his younger brother Zahan are the richest young people in the world, mainly thanks to their 4.6% stake in Tata Sons. This Indian conglomerate has annual revenue of $150 billion and owns 29 public companies, such as Tata Consultancy and Tata Motors. They inherited shares in 2022 after a series of family tragedies, when their 54-year-old father died in a car accident, less than three months after their grandfather passed away at the age of 93.
Zahan Mistry
Age: 25
Net worth: 4.7 billion USD
Source of wealth: Diverse
Nationality: Irish
Like his brother Firoz, Zahan's assets come from 4.6% Tata shares and 25% ownership in construction group Shapoorji Pallonji Group (SP Group). He and Firoz took on leadership roles in SP Group - Tata Sons' largest shareholder, in a context where the group was mired in debt.
Zahan and his brothers are Irish nationals, but they live in Mumbai - where SP Group and Tata are headquartered.
Livia Voigt
Livia Voigt. Photo: Instagram Livia Voigt
Age: 19
Assets: 1.1 billion USD
Source of wealth: Electricity industry
Nationality: Brazilian
Livia Voigt is the youngest billionaire in the world because she was born two months after Clemente Del Vecchio. She is the youngest granddaughter of Werner Ricardo Voigt, billionaire co-founder of WEG electrical equipment manufacturer (Brazil). Livia owns 3.1% of WEG, and is studying psychology in college.
Dora Voigt by Assis
Age: 26
Net worth: 1.1 billion USD
Source of wealth: Diverse
Nationality: Brazilian
As Livia's older sister, Dora also inherited 3.1% shares in WEG. WEG's electrical equipment is exported to more than 135 countries and is one of the world's largest electric motor manufacturers. Neither Dora nor Livia has any role in the company's operations.
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