Becoming a billionaire at any age is a massive achievement, but to reach that status before the age of 30 is outstanding.
We list 10 young billionaires who are under the age of 30, collectively they have a combined worth of just under €30 billion.
It is worth pointing out though, that only four of these young billionaires are self-made, the remainder has inherited their wealth.
The Youngest Billionaire in the World
The youngest billionaire in the world is 18 years old Kevin David Lehmann. Lehmann inherited a 50% holding in Germany’s leading drugstore chain, dm-drogerie markt. Lehmann’s father, Guenther transferred the stake in the company to him in 2017.
The 10 Youngest Billionaires in the World
1) Alexandra Andresen:
Net Worth: $1.4 Billion
Age: 24
Source of Wealth: Investment Company
Country: Norway
2) Katharina Andresen:
Net Worth: $1.4 BILLION
Age: 25
Source of Wealth: Investment Company
Country: Norway
Alexandra and Katharina Andresen, each inherited 42% of their father’s investment company, Ferd.
3) Wang Zelong:
Net Worth: $1.5 Billion
Age: 24
Source of Wealth: Pigment Production
Country: China
Wang inherited a $1.3 billion stake in CNNC Hua Yuan Titanium Dioxide Co. The company is involved in the research and development and production of rutile titanium dioxide powder and iron oxide pigment. It is used in coatings, plastics, rubber, ink, chemical fibre, paper, and cosmetics.
4) Andy Fang:
Net Worth: $2 Billion
Age: 28
Source of Wealth: DoorDash
Country: United States
5) Stanley Tang:
Net Worth: $2 Billion
Age: 28
Source of Wealth: DoorDash
COUNTRY: UNITED STATES
Andy and Stanley Tang co-founded the food delivery app DoorDash in 2013.
6) Austin Russell:
Net Worth: $2.4 Billion
Age: 26
Source of Wealth: Autonomous Car Tech
Country: United States
Austin Russell is the founder and CEO of Luminar Technologies, a company that makes LIDAR sensors for self-driving cars.
7) Jonathan Kwok:
Net Worth: $2.4 Billion
Age: 29
Source of Wealth: Real Estate
Country/Territory: Hong Kong
Jonathan runs Empire Group Holdings with his older brother Geoffrey.
8) Kevin David Lehmann:
Net Worth: $3.3 Billion
Age: 18
Source of Wealth: Drug Stores
Country: Germany
Kevin David is officially the youngest billionaire in the world, see above for more information.
9) Gustav Magnar Witzoe:
Net Worth: $4.4 Billion
Age: 27
Source of wealth: Fish Farming
Country: Norway
Witzoe owns nearly 50 % of SalMar ASA. The Norwegian fish farming company and one of the world’s largest producers of farmed salmon. The company was founded by his father in 1991.
10) Sam Bankman-Fried:
Net Worth: $8.7 Billion
Age: 29
Source of Wealth: Crypto Trading
Country: United States
Bankman-Fried founded the trading company Alameda Research and the crypto derivatives trading platform FTX.
