See the youngest billionaires in the world and their worth in Dollars.
See the youngest billionaires in the world and their worth in Dollars.
See the youngest billionaires in the world and their worth in Dollars.
There are 2095 billionaires in the world today, but only ten of those are 30years and below. These young billionaires are across the globe hailing from Brazil, the US, Hong Kong, Germany, Norway, and Ireland. Their source of wealth can be traced to inherited assets and been self-made.
Here are the 10 youngest billionaires in the world. Despite the global Corona Virus pandemic, these young people have continued adding to their wealth. Their net worths are calculated using the exchange rates and stock prices from April 2020.
1) Evan Spiegel
Age: 30
Networth: $4.2 billion
Source of wealth: Snap
Spiegel is a co-founder of Snapchat. Been one of the publicly-traded companies in the world, Snap stock moved down to 50% in 2019 since the beginning of the year. According to the French press, Spiegel became a dual American- Fresh citizen in 2018 even though he was born in the US.
2) John Collison
Age: 29
Net Worth: $3.2 billion
Source of wealth: Stripe
John Collision Is the richest young person in the world. His company, Stripe, is a payment company founded by himself and his older brother. They were able to raise $250milliom from investors at a valuation of $35billion in September 2019. Stripe has its headquarters in San Francisco, where John also lives.
3) Gustavo Magnar Witzoe
Age: 27
Net Worth: $3.1 billion
Source of Wealth: Fish Farming
Although his father still controls Salmar ASA, Witzoe holds ownership of about half of one of the biggest salmon producers in the world. The young Norwegian is into modeling as well as real estate investing and tech.
4) Jonathan Kwok
Age: 28
Net Worth: $2.1 billion
Source of Wealth: Real Estate
After the death of Kwok's father, He along with his older brother, Geoffrey, inherited their late father's stake in Sun Hung Kai Properties, which is Hong Kong's largest developer. Although, the shared of Hong Kong-listed SHKP has declined below 18% since the outbreak of Coronavirus at the beginning of the year.
5) Elizabeth FURTWAENGER
Age: 28
Networth: $1.2 billion
Source of wealth: Publishing
Elizabeth became a billionaire after she inherited their father's 37.4% stake, along with her brother, Jacob, in the family's German media company. Currently, Furtwaenger and her brother serve on the board of directors.
6) Katharina Andressen
Age: 25
Networth: $1.1 billion
Source of wealth: Investment Firm
Katharina inherited 42% of the family-owned investment company, Ferd, in 2007.
7) Alexander Andresson
Age: 24
Networth: $1.1 billion
Source of Wealth: Investment Firm
Like her sister, Katharina, Alexander also inherited a 42% share of the family-owned investment company. However, their father, Johan still runs Ferd and controls 70% of the voting rights via a dual-class share structure.
8) Pedro Bueno
Age: 29
Networth: $1.1 billion
Source of Wealth: Diagnostic Services
Pedro is a newcomer to the billionaire cadre. He is the son of the late Edson Bueno, who was once Brazil's richest healthcare billionaire. Pedro is the CEO and holds the largest share in Diagnostics da América SA, a laboratory services firm. The firm has almost triple it's shares over the past year.
9) Lisa Draexlmaier
Age: 29
Networth: $ 1 billion
Source of wealth: Auto Parts
Liza and her father, fritz, are joint CEOs of Fritz Draexlmaier Holdings GmbH. Liza who also recently became a billionaire is the sole owner of the holding company of auto parts maker.
10) Kylie Jenner
Age: 23
Networth: $1 billion
Source of Wealth: Cosmetics
Kylie Jenner is the youngest self-made billionaire. She is a celebrity, who is also a makeup mogul. In November 2019, she agreed on a deal to sell off 51% stake worth $600 million, in Kylie Cosmetics to beauty giant Coty Inc.
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