Kevin David Lehmann
Kevin David Lehmann, who is 18 years old and with a net worth of $3.3 billion, is the world's youngest billionaire. He owns half of dm (drogerie markt), Germany's largest drugstore chain, which generates over $12 billion in annual revenue.
Kevin David Lehman's father, Guenther Lehmann, left him shares in the German pharmacy chain drogerie markt. Guenther Lehmann, his father, gave his son a part in the German drugstore chain drogerie markt when he was 14, but it remained in trust until his 18th birthday in September 2020.
The leading drugstore chain in Germany, Drogerie Markt, is the basis of Lehmann's wealth. It was established in 1974. According to the company's website, it employs over 41,000 individuals in over 2,000 locations across Germany.
Age: 19
Net Worth: $2.4 Billion
Source of Wealth: Drugstores
Country: Germany