Top 10 Youngest Billionaires In The World

Top 10 Youngest Billionaires In The World: If you were to list the richest billionaires in the world, you could certainly identify a few businesspeople who have been well-known to the public for many years as a result of years of hard work that has brought them their riches. What about the Top 10 Youngest Billionaires In The World, Can you think of any?

Even though they haven’t even been alive for 30 years, the youngest billionaires in the world have amassed three-comma fortunes. Ten persons under the age of 30 topped the list of the world’s youngest billionaires, among them a Stanford dropout. This elite group is worth $25.8 billion and accounts for fewer than 0.5 percent of the billionaires throughout the world that we have identified this year.

Some individuals become wealthy in a few years, while for others it could take a while. There are many young individuals in the world who have amassed substantial fortunes; some of them have done so through their own efforts, while others have benefited financially from their families.

Everyone aspires to be a billionaire, and who doesn’t like living a life of luxury with access to all the facilities possible? But becoming a billionaire isn’t simple, and this is especially true for young people. The amount of work and odds that must be overcome are simply admirable.

According to Forbes statistics of the youngest billionaires in the world, we have tried to analyze the sources of the riches of some of the top 10 youngest billionaires in the world in this article.

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Top 10 Youngest Billionaires In The World 

Graphical representation of the Youngest Billionaires In The World 

Who is the youngest billionaire in the World

1. Gustav  Magnar Witzoe Networth and Biography

Age: 28 (born February 8, 1993)

Net worth: $2.4 billion

Source of wealth: Fish farming

Country: Norway

Biography

Gustav and Oddny Witzoe gave birth to Witzoe in Frya, Trndelag. One of the biggest salmon-farming companies in the world was established by his father, SalMar. Scottish Sea Farms, the second-largest salmon producer in the UK, is another company that Magnar holds a sizable share of, and today, he is ranked number 1 of the Top 10 Youngest Billionaires in the World.

When he was 19 years old, Witze spent two weeks in jail after being caught speeding 180 km/h in a 60 km/h zone and supposedly doing so to evade a sizable inheritance tax payment. However, he promptly settled his debt to the guards. In addition to working as a milker at SalMar’s fish farms in Frya, Witzoe is active in the family company. His net worth as of 2021 was $4.3 billion and as of 2022, his net worth has increased to US 2.4billion making him one of the top 10 youngest billionaires in the world. In addition, he also invests in real estate, Witzoe is a technological investor. He once worked for MGM Property and has financial stakes in Gopi and Keybutler.

2. Austin Russell Networth and Biography

Age: 27

Net worth: $2.4 billion

Source of wealth: Autonomous car tech

Country: United States

Biography

American businessman Austin Russell the CEO and creator of Luminar Technologies has risen to the top list of the Top 10 Youngest Billionaires in the World with a US$1.8billion net worth as of 2022. The lidar and machine perception technologies that Luminar excels in are mostly employed in autonomous vehicles. At the age of 25, Luminar became a publicly traded company in December 2020, making him the youngest self-made millionaire in history.

In Newport Beach, California, Russell was raised. Russell was a young prodigy who knew every element in the periodic table by the age of two. Russell submitted his first patent application at the age of 13 for a device that recycled sprinkler water into the earth. Jason Eichenholz, a laser entrepreneur who became Russell’s mentor and eventually joined Luminar as co-founder and chief technical officer, was introduced to Russell by his parents when he was 15 years old.

In 2013, he received his diploma from St. Margaret’s Episcopal School. While still in high school, he attended classes at the Beckman Laser Institute at the University of California, Irvine. According to Russell, he frequently picks up new abilities through watching YouTube videos and articles on Wikipedia.

3. Ryan Breslow’s Networth and Biography

Age: 28 (born in 1994)

Net worth: $2.0 billion

Source of wealth: E-commerce 

Country: United State

Biography

 Ryan Breslow is 27 years old. He was born in 1994 and is one of the Top 10 Youngest Billionaires in the World according to Forbs. He is from Miami, Florida, in the United States. Ryan finished his elementary schooling at a neighborhood Miami high school before continuing his study at Stanford University for his secondary degree. He is an accomplished computer scientist. In addition to attending Stanford University from 2012 to 2014, Ryan attended South Florida public elementary and middle schools.

Ryan Breslow is not only topping the list of the Top 10 Youngest Billionaires in the World but, the CEO of Bolt at the moment is a technological genius. Along with Eric Feldman, he co-founded Bolt’s financial services after pursuing his interest in computer science. He is employed by the service provider Bolt, which helps online shops have better payment experiences and develop “perfect online payments.

4. Kevin David Lehmann Networth and Biography

Age: 19(born in 2003)

Net Worth: $1.7 Billion

Source Of Wealth: Drugstores

Country: Germany

Biography

Germany was the place of Kevin David Lehmann’s birth in 2003. After inheriting the shares of the German pharmacy chain DM (Drogerie Markt). These holdings were passed down to him by his father, Guenther Lehmann.

Kevin David Lehmann and his father have successfully maintained a modest presence online. There is no online access to their social media profiles or images.

Kevin David now owns 50% of the German pharmacy company DM after inheriting the holdings from his father. According to reports, the pharmacy brings in $12 billion a year. today, Kelvin David Lehmann is one of the Top 10 Youngest Billionaires in the World with an estimated net worth of US$1.7billion.

5. Pedro Franceschi Networth and Biography

Age: 25

Net Worth: $1.5 billion

Source of Wealth: Fintech

Country: Brazil

Biography

Franceschi is a Brazilian who rose to the Top 10 Youngest Billionaires in the World in 2022. He has always been interested in computers and technology. He learned how to code when he was between eight and nine years old by using resources from Google and other platforms. He then employed this expertise to jailbreak iPhones to function in his region of Brazil. When Franceschi was fourteen, he created an iPad window management program that allowed users to control numerous programs at once. His software exploits garnered a considerable reputation in Brazil, which aided in his ability to secure software engineering jobs while still in high school. He worked for Brainjuice from 2009 to the beginning of 2010, Sync Mobile from 2010 to 2011, and M4U (later bought by Bemobi) from 2011 to 2013.

6. Henrique Dubugras Networth and Biography

Age: 26

Net Worth: $1.5 billion

Source of Wealth: Fintech

Country: Brazil

Biography

Henrique Dubugras was born in the impoverished Brazilian city of San Paolo. At that location, he began to code at the age of 12. Henrique, a young man, stumbles onto the skill of coding after discovering how to make his game. At the age of fourteen, he started his own video game company. After showcasing his genius by founding Pager-me at the age of 16, he sold the company to attend the esteemed Stanford University. He left after eight months since the lifestyle didn’t satisfy him. Soon after, he and Pedro, his buddy, developed Brex.

Dubugras, who is now topping the Top 10 Youngest Billionaires in the World, in the first 22 months of his employment, his confidence helped him secure 215 million in funding. The company’s overall value surpassed $1 billion in 2019. The company employs over 1000 people. Beginning businesses are nothing new to the Brazilian economy. He started the payment firm currently known as Pager-me when he was just 16 years old. In three years, the company increased its sales to $1 billion. At the same age, he won a competition to design a dating app. The winning money was $50,000.

7. Wang Zelong Networth 

Age: 25

Net Worth: $1.5 billion

Source of Wealth: Pigment Production

Country: China

8. Katharina Andresen Networth

Net Worth:  US$1.2Billion

Source of Wealth: Inheritance 

Country: Norway

9. Alexandra Andresen Networth

Age: 26

Net Worth:  US$1.1Billion

Source of Wealth: Inheritance 

Country: Norway

10. Kylie Jenner’s Networth

Age: 24 (August 10, 1997)

Net Worth:  US$1Billion

Source of Wealth: Kylie Cosmetics 

Country: United State

Biography

Kylie Kristen Jenner, an American media personality, socialite, model, and businesswoman, was born on August 10, 1997. She founded and is the owner of the cosmetics firm Kylie Cosmetics. She was a cast member of the E! reality television series Keeping Up with the Kardashians from 2007 to 2021.

FAQ

Who is the youngest billionaire in the World?

The richest billionaire in the world is 28-year-old Gustav Magnar Witzoe, who is the heir to one of the biggest farms for farmed salmon on the planet.

What is the networth of the youngest billionaire in the world?

The networth of the youngest billionaire in the world, Gustav Magnar Witzoe as of this writing is $2.4billion.

Summary

Here is a summary list of the Youngest Billionaires In The World

Top 10 Youngest Billionaires In The World

1. Gustav  Magnar Witzoe-$2.4 billion
2. Austin Russell-$2.4 billion
3. Ryan Breslow-$2 billion
4. Kevin David Lehmann-$1.7 billion
5. Pedro Franceschi-$1.5billion
6. Henrique Dubugras-$1.5Billon Fintech
7. Wang Zelong –$1.5billion
8. Katharina Andresen-$1.1Billion
9. Alexandra Andresen-$1.1Billion
10. Kylie Jenner -$900 million