Top 10 Youngest Billionaires

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  1. At 18, Germany's Lehman took first place on the list of the youngest billionaires of 2021. According to the Forbes 35th Annual Billionaires List, his net worth is $3.3 billion. Kevin received half a share in his father's pharmacy chain named Drogerie Markt. He inherited his fortune on his 14th birthday and was detained until September 2020.


    His pharmacy chain is called Drogerie Markt (DM) and has annual sales of $12 billion. The chain's roots date back to 1973 and now have 3,700 stores in Germany. The pharmacy network has 41,000 employees.


    His father owned a Pankuch grocery chain in Germany. He later invested in the DM network. Despite this famous badge, Lehman decided to keep it low. He doesn't flaunt or share much on social media platforms.


    • Net worth: $3.3 billion
    • Born: 2003
    • Source of Wealth: drugstores
    • Citizenship: Germany
    https://taddlr.com/celebrity/kevin-david/
    https://taddlr.com/celebrity/kevin-david/

  2. The 24-year-old entrepreneur from China is considered the second-youngest billionaire on the planet. According to Forbes, his net worth is around $1.5 billion. Titanium dioxide pigment producer.


    Wang Zelong inherits wealth from CNCC Hua Yuan Titanium Dioxide Co and holds a stake in Lomom Billions Group. These pigments are used in coatings, plastics, pharmaceuticals, ceramics, sanitary inks, etc. The company is listed on the Shenzhen Stock Exchange. He is also the youngest billionaire in Asia.

    In 2022, Wang Zelong's assets have increased to $1.8 billion through CNNC Hua Yuan Titanium Dioxide and its stake in Lomon Billions Group. Both produce titanium dioxide in China.


    • Net worth: $1.8B
    • Born: 1997
    • Source of Wealth: chemicals
    • Residence: Jiaozuo, China
    • Citizenship: China
    • Marital Status: Married
    https://www.researchgate.net/profile/Zelong_Wang
    https://www.researchgate.net/profile/Zelong_Wang
  3. The 25-year-old Norwegian is ranked third on the list of the world's youngest billionaires in 2021. Her net worth is $1.4 billion. The source of this wealth is the investment firm Ferd, which she inherited from her. Annual sales are approximately $2 billion.


    She was ahead of her sister when she was named the youngest billionaire in 2016. Alexandra Andresen and her sister Katharina, one year older than her, each inherit a 42% stake in the family investment company- Ferd. Ferd is based in Oslo and is active in private equity, real estate and trading on the Nordic stock exchange. However, the business is run by his father, John, who has 70% of the vote.


    • Net worth: $ 1.4 B
    • Born: 1996
    • Source of Wealth: investments
    • Residence: Oslo, Norway
    • Citizenship: Norway
    • Marital Status: Single
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    https://www.money.id
    https://www.money.id
  4. Katarina is a 26-year-old Norwegian girl who has a net worth of $1.4 billion. She inherited her wealth from her father. The source of her wealth comes from Ferd, a multi-billion dollar investment firm.


    Her younger brother took third place for a year on Forbes' 35th annual Billionaires list. She and her sister own 42% of the company's stock. Their father, Jonas, runs the company and runs it himself. He has a dual class stock base that can get 70% of the vote.


    Ferd manages hedge funds and is an active investor and private equity investor on the Scandinavian Stock Exchange.


    • Net worth: $ 1.4 B
    • Born: 1995
    • Source of Wealth: investments
    • Residence: Oslo, Norway
    • Citizenship: Norway
    • Marital Status: Single
    https://foreignpolicyi.org/youngest-billionaires-of-2020
    https://foreignpolicyi.org/youngest-billionaires-of-2020
    https://money.com
    https://money.com
  5. The 25-year-old Stanford dropout is the owner and CEO of a sensor and software company for autonomous vehicles. This California man is ranked #5 out of 10 youngest billionaires on the 2021 global list. His total fortune is $1.6B.


    Austin Russel is one of the few in the autonomous vehicle industry to achieve this position. 104.7 million shares of Luminar Technologies are owned by this young billionaire. This equates to about a third of the total company stock. Their Nasdaq trading is on the higher side, according to Wall Street.


    He was curious and self-taught as a child. At 13, he owns a patented groundwater recycling system. He founded Luminar Technologies on a scholarship from billionaire investor Peter Thiel. The sensor works with LIDAR technology and uses pulses of light to create a 3D map of the path the vehicle follows.


    • Net worth: $1.6B
    • Source of Wealth: sensors, Self Made
    • Self-Made Score: 8
    • Residence:Orlando, Florida
    • Citizenship: United States
    • Education: Drop Out, Stanford University
    http://acropreneur.com/meet-austin-russell-the-worlds-youngest-new-billionaire-who-dropped-out-of-college-to-pursue-his-dream/
    http://acropreneur.com/meet-austin-russell-the-worlds-youngest-new-billionaire-who-dropped-out-of-college-to-pursue-his-dream/
    https://www.reportdoor.com/luminar-founder-austin-russell-25-is-billionaire-after-ipo
    https://www.reportdoor.com/luminar-founder-austin-russell-25-is-billionaire-after-ipo
  6. A successful model, entrepreneur and heir to a great fortune - that's what Gustav summarizes. He is at number 6 on the list of the youngest billionaires in the world. Its total value is $4.4 billion derived from fishing.


    Gustav Magnar Witzoe received a whopping 47% of the SalMAR ASA from his father. The billionaire is from Norway. Additionally, he has a thriving career in the pharmaceutical industry. He is now 28 years old. His company is the world's leading salmon producer. He turned Norwegian aquaculture into a profitable business.


    SalMAR has a large stake in the British company Scottish Sea Farms. He is a smart investor and has invested in Gopis and Keibutler. He is also an avid traveler, fashionista and golf lover.


    • Net worth: $4.4 billio
    • Born: 1993
    • Source of Wealth: fish farming
    • Residence: Kverva, Norway
    • Citizenship: Norway
    • Marital Status: Single
    https://www.yourmoneymagic.com/who-is-gustav-magnar-witzoe/
    https://www.yourmoneymagic.com/who-is-gustav-magnar-witzoe/
    https://digitalnetguru.blogspot.com
    https://digitalnetguru.blogspot.com
  7. Andy Fang is a 28-year-old Chinese-American entrepreneur who is ranked #7 on the list of the world's youngest billionaires in 2021. His net worth is $2 billion, which he earns from smart startup Doordash.
    Company serves as a link between consumers and local and national business communities. The network covers approximately 850 cities in the United States and Canada. Doordash is the largest food delivery company in the United States.


    Andy Fang is currently the CTO of Doordash, which he founded in 2013. He graduated from Stanford University. Andy is responsible for the product vision, technology roadmap and architecture. Doordash's work in the stock market is always beneficial and profitable. According to the New York Stock Exchange, Andy owns a 4% stake in the company.


    • Net worth: $ 2 Billion
    • Born: 1992
    • Source of Wealth: food delivery app, Self Made
    • Residence: MONTE VISTA, California
    • Citizenship: United States
    • Education: Bachelor of Arts/Science, Stanford University
    https://www.top10about.com/
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    https://youthaspiring.com
    https://youthaspiring.com
  8. The Hong Kong-based entrepreneur is the co-founder and chief product officer of Doordash, a leading US food delivery company. The 28-year-old entrepreneur owes $2 billion in debt. He lives in San Francisco, California. His role at the company focuses on the future of robotics, autonomous vehicles, and last-mile distribution.


    Prior to this startup in 2013, Stanley Tang worked as a software engineer at Facebook. His colleague Andy Fang was also named one of the world's youngest billionaires in 2021. Tan's efforts to empower small business owners with apps are noteworthy. He has raised over $57 million through seed funding on Doordash. He was an Amazon bestselling author at the age of 14. He also started working in the content creation niche.


    • Net worth: $ 2 Billion
    • Born: 1992
    • Source of Wealth: food delivery app, Self Made
    • Residence: San Francisco, California
    • Citizenship: United States
    • Education: Bachelor of Arts/Science, Stanford University
    https://whatsthenetworth.com/stanley-tang-net-worth/
    https://whatsthenetworth.com/stanley-tang-net-worth/
    https://www.top10about.com/
    https://www.top10about.com/
  9. The 29-year-old Fried is famous in the United States for cryptocurrency trading. His tremendous growth in this field is worthy of appreciation. Currently, his net worth is $26.5B. His trading companies are called Alameda Research and FTX.


    The son of two Stanford law professors, who studied physics at MIT, Sam Bankman-Fried was drawn to "effective altruism," the idea of utilitarianism and doing as much as possible. At the end of 2017, he started trading cryptocurrencies when he saw a lucrative arbitrage opportunity. Freed believes in the magical philosophy of "effective altruism": "earn a lot and give a lot". He made $9 million from cryptocurrency trading in three and a half years. He is a self-made man who has walked his way to this height. The main assets are in the form of stocks and FTX tokens. He was a major donor to the proBiden Super PAC, which donated $5 million.


    • Net worth: $26.5B
    • Born: 1992
    • Residence: Hong Kong
    • Education: Bachelor of Arts/Science, Massachusetts Institute of Technology
    https://movieanchor.com/sam-bankman-fried/
    https://movieanchor.com/sam-bankman-fried/
    https://www.top10about.com/
    https://www.top10about.com/
  10. The 29-year-old Hong Kong real estate tycoon has a net worth of $2.4 billion. His father, Walter Kwok, was also a real estate tycoon. Jonathan, along with other brothers, received a great fortune from him.
    His father was the chairman of the Sun Hung Kai property.


    However, Jonathan Kwok was kicked out of the company because of feuds with some of his brothers. Luckily, Jonathan's grandmother co-founded the company and declared him one of her beneficiaries. The brothers inherited Walter's direct stake in SHKP and were named beneficiaries of one-third of five extended family trusts owned by her grandmother.


    Jonathan is currently a Director of Empire Group Holdings, where he engages in real estate acquisitions, project development and property management activities.


    • Net worth: $2.4 billion
    • Born: 1992
    • Residence: Hong Kong
    • Citizenship: Hong Kong
    • Education: Bachelor of Business Administration, Cornell University
    https://www.top10about.com/
    https://www.top10about.com/



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