The Youngest Billionaires In The World
As of the most recent data, the youngest billionaires in the world are a mix of self-made entrepreneurs and heirs to large fortunes. Here are some of the youngest billionaires:
1. Alexandr Wang
- Age: 26 (as of 2024)
- Net Worth: Estimated over $1 billion
- Source of Wealth: Artificial Intelligence (AI)
- Overview: Alexandr Wang is the co-founder and CEO of Scale AI, a company that provides data infrastructure for AI development. Wang dropped out of MIT to start Scale AI and became one of the youngest self-made billionaires.
2. Kevin David Lehmann
- Age: 21 (as of 2024)
- Net Worth: Estimated around $2.5 billion
- Source of Wealth: Inherited (Retail)
- Overview: Kevin David Lehmann inherited a 50% stake in Germany's leading drugstore chain, dm-drogerie markt, from his father. He became a billionaire at the age of 18, making him one of the youngest billionaires in the world.
3. Kylie Jenner
- Age: 26 (as of 2024)
- Net Worth: Estimated around $1 billion
- Source of Wealth: Cosmetics
- Overview: Kylie Jenner, known for her cosmetics company Kylie Cosmetics, became a billionaire at a young age due to the success of her beauty brand. While her billionaire status has fluctuated, she remains one of the youngest self-made billionaires.
4. Gustav Magnar Witzøe
- Age: 30 (as of 2024)
- Net Worth: Estimated around $3 billion
- Source of Wealth: Inherited (Fish Farming)
- Overview: Gustav Magnar Witzøe inherited nearly half of SalMar ASA, one of the world's largest salmon producers, from his father. He is involved in the company but also invests in real estate and tech startups.
5. Wang Zelong
- Age: 26 (as of 2024)
- Net Worth: Estimated over $1.5 billion
- Source of Wealth: Inherited (Chemicals)
- Overview: Wang Zelong inherited a significant stake in CNNC Hua Yuan Titanium Dioxide Co., a company that produces titanium dioxide. His wealth comes primarily from his holdings in this company.
6. Pedro Franceschi
- Age: 27 (as of 2024)
- Net Worth: Estimated over $1 billion
- Source of Wealth: Fintech (Brex)
- Overview: Pedro Franceschi is the co-founder of Brex, a fintech company that offers credit cards and financial services to startups. Originally from Brazil, Franceschi moved to the U.S. and built Brex into a multibillion-dollar company.
7. Andy Fang
- Age: 30 (as of 2024)
- Net Worth: Estimated over $1 billion
- Source of Wealth: Food Delivery (DoorDash)
- Overview: Andy Fang is one of the co-founders of DoorDash, a leading food delivery service. Fang has been a significant player in the tech and startup space, contributing to DoorDash's rapid growth.
8. Stanley Tang
- Age: 31 (as of 2024)
- Net Worth: Estimated over $1 billion
- Source of Wealth: Food Delivery (DoorDash)
- Overview: Stanley Tang, another co-founder of DoorDash, helped build the company into a dominant force in the food delivery industry, making him one of the youngest billionaires.
9. Ryan Breslow
- Age: 30 (as of 2024)
- Net Worth: Estimated over $1 billion
- Source of Wealth: Fintech (Bolt)
- Overview: Ryan Breslow is the founder of Bolt, a company that provides one-click checkout solutions for e-commerce. His company has gained significant attention and investment, propelling him to billionaire status.
10. Sam Bankman-Fried
- Age: 31 (as of 2024)
- Net Worth: Estimated over $1 billion (before his company’s collapse in 2022)
- Source of Wealth: Cryptocurrency (FTX)
- Overview: Sam Bankman-Fried was the founder of FTX, a cryptocurrency exchange. While his wealth and status as a billionaire were significant, he faced legal issues and the collapse of his company in 2022.
Summary:
The list of the youngest billionaires is diverse, with many earning their fortunes through tech startups, while others have inherited substantial wealth. The age range typically spans from early 20s to early 30s, reflecting the dynamic nature of wealth creation in the modern era.
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