When you think of billionaires, do you imagine them young or old? Is it something you associate with a lot of work and experience, or perhaps luck, or maybe just getting born into wealth? It’s interesting to see who are the richest people in the world in general and how they got there, but today we thought we’d take a look at some of the youngest billionaires in the world.
1. Kylie Jenner – $1 Billion
When it comes not only to wealth but also fame – Kylie Jenner is the first one that comes to mind. It was like the biggest news that she became the youngest self-made billionaire. Kylie is 22 and she has accumulated a lot of her fortune through her fame thanks to Keeping Up With Kardashians and then she started her own makeup company called Kylie’s Cosmetics which is how she made her first billion.
2. Andresen Sisters – $1,4 Billion Each
Alexandra (24) and Katharina (25) Andresen are two sisters who became billionaires because they inherited shares of their family’s investment firm. Their father still runs the Norwegian investment company called Fern and holds most of the power when it comes to decision making, but clearly, the girls are meant to take over in the future.
3. Elizabeth Furtwaenger – $1,3 Billion
Elizabeth is 28 years old and she inherited her wealth thanks to her family’s publishing company. Her father is Hubert Burda, a german businessman and publishing magnate. He owns Burda Media Group that owns over 600 media titles across the world including german Elle and Playboy. Elizabeth’s net worth is around$1,3 billion and apart from being on the board of directors at Burda Media Group she also is a singer and songwriter.
4. Gustav Magnar Witzoe – $3 Billion
Gustav, 27, inherited his billions from his father who is the owner of a massive salmon producing company. His father gave him almost half of the shares of the company, but he still runs it, which gives Gustav a chance to catch up on the business before he eventually starts running it too. In the meantime, Gustav uses his wealth to invest in real estate and tech start-ups.
5. Jonathan Kwok – $2 Billion
Jonathan is 28 and he also inherited shares of his father’s company. His father was Walter Kwok, who was the owner of Sun Hung Kai Properties, the largest developer in Hong Kong. Real estate has always been a booming industry, but since the COVID-19 outbreak, their stock has been dwindling.
6. John and Patrick Collison – $3,2 Billion Each
These two Irish entrepreneurs are 29 and 31 and they started their company Stripe when they were still students at college. Together they founded Stripe, which now has headquarters in San Francisco, USA. Stripe, as you probably know, is a company that makes payment processing software that allows websites and apps to process payments. The brothers have $3,2 billion each and their company is valued at $30 billion.
7. Evan Spiegel – $2,4 Billion
Evan is 30 years old now, but in 2015 he became the youngest billionaire. He earned his wealth when he started a company called Snap Inc. Evan and his friends created Snapchat when they were still studying at Stanford University. Who knew you could become a multi-billionaire by creating a social media app that sends pictures that disappear after they’re viewed. It’s genius, but you never would’ve thought so before Snapchat became a thing.
8. Pedro De Godoy Bueno – $1,1 Billion
Pedro is 29 and he became a billionaire by inheriting shares of his father’s business. His father was one of the richest businessmen in Brazil, a so-called healthcare billionaire who was the owner of Diagnósticos da América SA, a medical diagnostic company. The company’s shares have been on the rise and doubled in the past years so we can be pretty sure Pedro is going to stay in the ranks of billionaires.