Imagine entering a world where age is just a number, but the bank balance soars into billions. Welcome to the exclusive club of the youngest billionaires on the planet, amassing fortunes that defy their age norms.
In this article, I will drive you through the lives of the top youngest billionaires, uncovering the roots of their wealth and the paths they’ve blazed to financial superstardom.
These names are bound to inspire, impress, and spark a hint of green-eyed wonder for you!
Overview Of The Top 11 Youngest Billionaires In The World:
From inheritances in global conglomerates to self-made ventures that have reshaped industries, these young magnates exemplify the myriad paths to extraordinary financial success.
The awe-inspiring achievements of the world’s Youngest Billionaires reveal their ages, Net Worth, and diverse sources of their immense wealth.
So, let’s get into the nitty-gritty and take a look at the young billionaires.
| Sr.No. | Name | Age | Net Worth | Source Of Wealth |
|---|---|---|---|---|
| 1. | Clemente Del Vecchio | 19 | $4.6 Billion | Inheritance (Essilor Luxottica) |
| 2. | Kim Jung-Youn | 20 | $1.4 Billion | Inheritance (CJ Group) |
| 3. | Kevin David Lehmann | 21 | $3.3 Billion | Inheritance (Drogerie Markt) |
| 4. | Luca Del Vecchio | 22 | $4.6 Billion | Inheritance (Essilor Luxottica) |
| 5. | Kim Jung – Min | 22 | $1.4 Billion | Inheritance (CJ Group) |
| 6. | Alexandra Andersen | 27 | $1.5 Billion | Inheritance (Ferd) |
| 7. | Katharina Andersen | 28 | $1.5 Billion | Inheritance(Ferd) |
| 8. | Leonardo Maria Del Vecchio | 28 | $4.6 Billion | Inheritance (Essilor Luxottica) |
| 9. | Ryan Breslow | 29 | $1.1 Billion | Self-made (Bolt) |
| 10. | Gustav Magnar Witzoe | 30 | $4.2 Billion | Inheritance (SalMar) |
| 11. | Mark Mateschitz | 31 | $39.5 Billion | Inheritance (Red Bull) |
Source: Forbes.
Note: The net worth might fluctuate over time. The data mentioned above is the records until the day this article was written.
From inheritances to self-made fortunes, the young billionaire’s stories testify to the power of entrepreneurship, innovation, and determination.
So, Let’s talk about the top 11 Youngest Billionaires in the world and how they inherited these Billion dollars in brief:
1. Clemente Del Vecchio – 19 Years Old:
| Net Worth | $4.6 Billion |
| Source of Wealth | Inheritance (Essilor Luxottica) |
| Nationality | Italian |
At just 19 years old, Clemente Del Vecchio inherited 12.5 percent ownership in the Luxembourg-based holding company Delfin.
This stake includes shares in eyewear giant EssilorLuxottica, as well as investments in insurer Generali and other ventures.
Clemente’s father, Leonardo Del Vecchio, was the former chairman of EssilorLuxottica. Despite his young age, Clemente is already making waves in the business world.
2. Kim Jung-Youn – 20
| Net Worth | $1.4 Billion |
| Source of Wealth | Inheritance (CJ Group) |
| Nationality | South Korean |
Kim Jung-Youn and her sister Jung-min hold approximately 31 percent of NXC, the largest online gaming company Nexon shareholder.
Their late father, Kim Jung-ju, founded Nexon, and the sisters continue to maintain a low public profile.
At just 20 years old, Kim has already secured her place among the youngest Billionaires in the world.
3. Kevin David Lehmann – 21
| Net Worth | $3.3 Billion |
| Source of Wealth | Inheritance (Drogerie Markt) |
| Nationality | German |
Kevin David Lehmann’s father, Guenther Lehmann, founded the drugstore chain dm-drogerie Markt. As a result, Kevin’s stake in the family business has catapulted him into the Billionaire club at age 21.
Lehmann’s entrepreneurial spirit and determination have undoubtedly played a tremendous role in his success.
4. Luca Del Vecchio – 22
| Net Worth | $4.6 Billion |
| Source of Wealth | Inheritance (Essilor Luxottica) |
| Nationality | Italian |
Luca Del Vecchio, the older brother of Clemente, also inherited a significant stake in Delfin. Luca is the 2nd youngest Billionaire in the Vecchio family.
Like his brother, Luca’s wealth stems from the family’s ownership of EssilorLuxottica and other investments. Together, the Del Vecchio siblings are making a name for themselves in the eyewear industry.
5. Kim Jung Min – 22
| Net Worth | $1.4 Billion |
| Source of Wealth | Inheritance (CJ Group) |
| Nationality | South Korean |
Kim Jung-Min, the sister of Kim Jung-Youn, also holds a substantial stake in NXC, the largest shareholder in Nexon. Alongside her sister, Kim has secured her place as one of the youngest Billionaires in the world.
Their family’s success in the gaming industry has undoubtedly paved the way for their own achievements.
6. Alexandra Andersen – 27
| Net Worth | $1.5 Billion |
| Source of Wealth | Inheritance (Ferd) |
| Nationality | Norwegian |
Alexandra Andersen, along with her sister Katharina, owns solid stakes in Ferd, a Norwegian investment company.
Their diversified portfolio includes real estate, stocks, and other assets. Despite being only 27 years old, Alexandra has already significantly impacted the business world.
7. Katharina Andersen – 28
| Net Worth | $1.5 Billion |
| Source of Wealth | Inheritance (Essilor Luxottica) |
| Nationality | Norwegian |
Katharina Andersen, Alexandra’s sister, shares ownership in Ferd and enjoys a substantial net worth.
Additionally, the Andersen siblings have inherited a stake in EssilorLuxottica, further contributing to their wealth.
Katharina’s entrepreneurial spirit and business acumen have undoubtedly played a vital role in her success.
8. Leonardo Maria Del Vecchio – 28
| Net Worth | $4.6 Billion |
| Source of Wealth | Inheritance (Essilor Luxottica) |
| Nationality | Italian |
Leonardo Maria Del Vecchio, another member of the Del Vecchio family, has also inherited an extensive stake in Delfin with ownership in EssilorLuxottica.
Leonardo is the 3rd youngest Billionaire from the Del Vecchio family and has a massive influence on the eyewear industry.
9. Ryan Breslow – 29
| Net Worth | $1.1 Billion |
| Source of Wealth | Self-made (Bolt) |
| Nationality | American |
A self-made Billionaire is on this list, and Ryan is the founder of Bolt, a company that provides online checkout and payment solutions.
Breslow’s entrepreneurial journey and innovative approach have propelled him to great success, making him one of the youngest self-made Billionaires in the world.
10. Gustav Magnar Witzoe – 30
| Net Worth | $4.2 Billion |
| Source of Wealth | Inheritance (SalMar) |
| Nationality | Norwegian |
Gustav Magnar Witzoe inherited a significant stake in SalMar, one of the world’s largest salmon producers.
Gus’s family’s success in the aquaculture industry has contributed to his impressive Net Worth.
Moreover, the young heir’s entrepreneurial spirit and dedication to sustainable business practices have set him apart in the business world.
11. Mark Mateschitz – 31
| Net Worth | $39.5 Billion |
| Source of Wealth | Inheritance (Red Bull) |
Mark Mateschitz, at the age of 29, has inherited a major stake in Red Bull, the iconic energy drink company.
His family’s success and innovation in the beverage industry have paved the way for his own achievements.
Mateschitz’s passion for adventure and extreme sports aligns perfectly with the Red Bull brand.
Conclusion: Clemente Del Vecchio Is The Youngest Billionaire
These young billionaires have achieved remarkable success at an incredibly young age. Whether through inheritance or self-made ventures, they serve as inspiration for aspiring entrepreneurs around the world.
Top 3 Youngest Billionaires with their age and estimated wealth are:
- Clemente Del Vecchio – 19 year old – $4.6 Billion.
- Kim Jung Youn – 20 years old – $1.4 Billion.
- Kevin David Lehmann – 21 years old – $3.3 Billion.
So, the next time you’re feeling ambitious, think about these Young Billionaires and remember that age is just a number when it comes to achieving your dreams.
FAQs:
Clemente Del Vecchio is the youngest Billionaire in 2024. He has inherited HIS wealth from Essilor Luxottica.
Jeff Bezos is the richest person in 2024 and has a Net Worth of $200 Billion.
Clemente del Vecchio is said to be a Billionaire under 18.
The richest 13-year-old is Valentina Pinault, who has $7.1 Billion.
The richest 11-year-old is Blue Ivy Carter, also the daughter of Beyonce and JayZ.
Olivia Parker is a passionate copywriter and blogger with a knack for capturing the essence of diverse niches. With a focus on fashion, lifestyle, movies, and beauty, she brings her creative flair to the digital realm. Olivia’s mission is to inspire and educate her readers, providing practical and accessible advice that empowers women to feel confident and beautiful both inside and out