The 10 Youngest Billionaires in the World
The 10 Youngest Billionaires in the World-There are now more young billionaires than ever before, with the youngest in the globe coming from family inheritances, family businesses, and technology startups.
A decade ago, it was uncommon to discuss becoming a billionaire, and it took generations to amass such fortune. However, as a result of the digital revolution, many people all over the world have accomplished this achievement in under than thirty years. There are now more young billionaires than ever before, with the youngest in the globe coming from family inheritances, family businesses, and technology startups.
Age: 21, Net Worth: $1 Billion
Kylie Jenner is the youngest billionaire in the world.Kylie is a self-made billionaire who founded the U.S.-based cosmetics firm Kylie Cosmetics.In recent years, her net worth has soared to $1 billion due to her ownership of 100 percent of her cosmetics company.Kylie invested $250,000 of her modeling earnings in an outside firm to make her first 15,000 lip kits, which she began selling for $29 in 2015.Since then, Kylie has sold an estimated $360 million worth of Kylie Cosmetics in 2018, resulting in a valuation of at least $900 million for the brand.
Age: 22 Years Old, Net Worth: $1.4 Billion
Alexandra Andresen is Katharina Andreson's sister and, by one year, the second youngest billionaire in the world.Similar to her sister, she received 42% of her father's investment company Ferd in 2007 and currently has a net worth of roughly $1.4 billion.Alexandra's net wealth at age 22 makes her the second-youngest billionaire in the world.
Age: 23 Net Worth: $1.4 Billion
Katharina Andreson is the third youngest billionaire in the world by age.Katharina, a 23-year-old Norwegian heiress, inherited 42% of Ferd, the investment corporation owned by the Ferd family.Using a dual-class share structure, her father, Johan Andreson, who created the company, continues to govern the business and controls 70% of the votes.Ferd is an active investor on the Nordic Stock Exchange and also manages private equity and hedge funds.In 2007, Johan Andreson gave each of his daughters 42% of the company, making them among the youngest billionaires in the world.
4.Julio Mario Santa Domingo, III
Age: 34, Net Worth $1.7 billion
Julio Mario Santa Domingo, III, is the youngest billionaire in the world to make our list.Julio is one of four successors to his grandfather's Columbian beer dynasty, and he has an investment in both Anheuser-Busch InBev and SABMiller.The 34-year-old billionaire DJ in New York City is currently worth $1.7 billion.
Age: 34, Net Worth of $2.9 billion
Next on the list is Geoffrey Kwok, the eldest son of Hong Kong developer and former Sun Hung Kai Properties chairman Walter Kwok.The 34-year-old billionaire inherited a substantial portion of his father's business, which increased his net worth to $2.9 Billion.Geoffrey joined the board of his father's business, SHKP, in 2018 and currently runs their hotels and serviced flats in Hong Kong and China.
6. Aiyawatt Srivaddhanaprabha
Age: 34, Net Worth of $1 billion
Aiyawatt Srivaddhanapraha, CEO of the airport duty-free empire King Power in Thailand, is the eighteenth youngest billionaire in the world.Aiyawatt inherited the company from his father, resulting in a $1 Billion net worth at the young age of 34.The entirety of his father's estate was divided among Aiyawatt's mother and three siblings.Aiyawatt Srivaddhanaprabha is also the chairman of the United Kingdom's Leicester City Football Club and Belgium's OH Leuven.
7. Jihan Wu
Age: 33, Net Worth $1.5 billion
Jihan Wu, a bitcoin entrepreneur, occupies the seventeenth spot on our list.Jihan is the co-founder and co-CEO of Bitmain Technologies, a Chinese business that designs ASICs for Bitcoin mining.Bitmain Technologies is now the world's largest manufacturer of computer chips for bitcoin mining, earning $742,7 million in the first half of 2018.Jihan possesses 33 years of age and resides in Beijing, China.
8.Christopher Kwok, number 16.
Age: 33, Net Worth $1.8 billion
Christopher manages the Hong Kong-based real estate development firm Empire Group Holdings.His father, Walter Kwok, also left him a substantial part in Sun Hun Kai Properties, which is currently worth $1.8 billion.Since 2016, he has been the executive director of Sung Hun Kai Properties, where he is responsible for the sales, project management, and leasing of all significant properties.
9. André Kasprzak
Age: 32 Net Worth $1 billion
André Kasprzak owns a substantial amount of ECCO, a Danish shoe company, shares.Andrés Farer established ECCO, which has expanded to include over 2,000 locations and a major e-commerce platform, allowing them to sell shoes in over 90 countries.André joined ECCO's board of directors in 2017 and currently has a $1 billion net worth.
10. Eva Maria Braun-Luedicke
Age: 32, Net Worth $1.2 billion
Eva Maria Braun-Luedicke, who is only 32 years old, owns a 12 percent share in B. Braun Melsungen, a multibillion-dollar German medical and pharmaceutical equipment corporation with offices and facilities in over 60 countries.The company currently employs over 60,000 people and makes a variety of items, including infusion and injectable solutions and surgical tools.Eva Maria Braun-Luedicke is 32 years old and valued $1.2 billion at the present time.