The Lehmann family is well-known in Germany for its retail and business ventures. Livia amassed her fortune through her family’s major electrical motor manufacturer company, WEG. The company was founded by her grandpa, Werner Ricardo Voigt along with the late billionaires Eggon Joao da Silva and Geraldo Werninghaus. After inheriting a 50% stake in dm-drogerie markt, Germany’s largest drugstores company, founded by his father, Guenther Lehmann. This company was started top 10 youngest billionaires in the world by his father in 1973, and presently, it generates revenue of over $14 billion in a year and operates over 3,700 stores across Europe. He is the only child of Guenther Lehmann, and despite his significant wealth, he still maintains a low public profile and is not involved in the company’s daily operations.
Kevin David Lehman
Alexandra Andresan with a net worth of $1.4 billion, inherited 42% of her father’s investment company, Ferd, in 2007. The Norweigan heiress became the world’s youngest billionaire at 19 in 2016 and retained the position of the youngest billionaire on Forbes list for three consecutive years. The world is replete with young people who have amassed significant fortune, some of whom have earned it on their own and others who have inherited it from their families. Starting and running a business requires a lot of effort, therefore becoming one of the world’s youngest billionaires is an incredible accomplishment!
Their father, Johan Andersen is still running the Ferd, a multibillion-dollar investment company. Moreover, she inked a deal to sell a 51% stake in Kylie Cosmetics to beauty giant Coty Inc. for $600 million that helped her to be a billionaire and today she is the youngest billionaire in the world. Her wealth comes primarily from Kylie Cosmetics and also her own spin-off show Life of Kylie. Recently, she has opened a clothing line with her sister Kendall Jenner and earns millions through endorsement via Instagram.
Leonardo Maria Del Vecchio, 28
- This globally renowned energy drink has amplified his wealth and made him a pioneering beverage industry figure.
- Sophie’s roughly one-third share gives her a fortune of about $2.7 billion.
- Just like his brother he inherited a 12.5% stake in the Luxembourg based holding company Delfin.
- The world got a new teenage billionaire when Leonardo Del Vecchio died in June 2022.
- WEG Industries is one of the major makers of electrical motors and industrial automation equipment in Latin America.
She, just like her sister, owns a 30.78% stake in NXC, placing fourth in our list of youngest billionaires. Luca Del Vecchio is one of six children of Leonardo Del Vecchio, the late chairman of EssilorLuxottica. He inherited a 12.5 percent stake in his father’s company after the latter’s death in 2022.
Kim Jung-min – Age 23, South Korea, Net Worth: $1.3 Billion
Luca’s net worth is approximately $6.6 billion, reflecting the value of those holdings. Unlike Clemente, Luca does take an active role in the family business – he serves as Chief Strategy Officer at Delfin’s operations in Milan. At 23, Kim Jung-min is the elder sister of Kim Jung-youn (#4) and likewise an heiress to the Nexon online gaming fortune. She and her sister each hold roughly one-third ownership of NXC, the holding company that controls Nexon, after inheriting their late father’s shares. Kim Jung-min’s net worth is about $1.3 billion (very similar to her younger sister’s).
- You may have heard or read this quote “Money is not important but a lot of money is important”.
- Clemente, the youngest Del Vecchio heir, is not known to have a role at Luxottica, which owns Sunglass Hut, Ray-Ban and Oakley, among others.
- Weg’s move into renewable energy and industry has strengthened Voigt’s profile as an emerging international business player.
- Katharina is a 25-year young lady from Norway with having a net worth of $1.4 billion.
While the majority hail from dynastic families, some—particularly in technology and games—are self-made or have increased inherited wealth through business skills. Most young billionaires inherit substantial fortunes from family businesses, but some, like Alexandr Wang, have built their wealth through innovative startups. The majority of these young billionaires come from Europe and Asia, highlighting the economic power of these regions in creating the next generation of wealthy entrepreneurs. Additionally, industries like pharmaceuticals, luxury goods, tech, and gaming dominate this list, reflecting the sectors most likely to produce youthful billionaires. Many of these young billionaires have deep family ties to their industries, ensuring generational wealth and long-term influence within their markets.
Young Billionaires in India
Similar to Clemente, Luca is also a Luxottica eyewear heir, privileged by the large holding of shares from his family upon the death of their father. He is the son of late founder Leonardo Del Vecchio of Italy’s eyewear empire Luxottica. Luxottica is the globe’s biggest eyewear manufacturer of brands such as Ray-Ban and Oakley. Blecharczyk was once Airbnb’s first engineer and remains the “head of all things technical.” During her acceptance speech at the WSJ Magazine Innovator 2025 Awards, Billie Eilish urged billionaires to «give your money away.» Zohran Mamdani’s mayoral candidacy in New York has infuriated American billionaires who were willing to spend tens of millions of dollars to thwart his ambitions.
At an age when most people are trying to stabilize their career paths, Michal Strnad manages a leading European defense industry business. As a majority owner and CEO of CSG (Czechoslovak Group), he manifests how innovation can translate into profitability in any field. He founded Gymshark out of his bedroom when he was 19 years old with a budget of merely £1,000 from savings and a student loan! Today, his fitness apparel brand has become one of Britain’s fastest-growing companies. Clemente Del Vecchio, heir to the Luxottica fortune, is currently considered the youngest billionaire in the world. Luxottica is a market leader in designing, manufacturing, and distributing fashion, luxury, sports, and performance eyewear.
Best Startup Story
Clemente Del Vecchio, is the youngest billionaire in the world at just 20 years old. He inherited 12.5% of Delfin, the Luxembourg-based holding company controlling EssilorLuxottica, a global eyewear giant. His late father, Leonardo Del Vecchio, was one of the wealthiest men in Italy before his passing in 2022. Despite inheriting his fortune, Clemente has expressed interest in science and technology and is considering pursuing higher education in those fields. Among the Youngest Billionaires in the World, Remi Dassault’s fortune originates from the Dassault family empire, which encompasses everything from aerospace to software and even wine production. After his father’s passing, Remi inherited significant stakes in Dassault Aviation and Dassault Systèmes, valued at around $2.5 billion.
Online gaming and inherited wealth are two major sources of wealth for young billionaires, as per recent statistics. Upon his father’s decision to transfer his wealth to Kevin when he was still a child, he instantly became one of the world’s youngest billionaires. Luca Del Vecchio, younger brother of Clemente and the second child of Leonardo Del Vecchio, also shares his family’s billion-dollar eyewear empire.
Luca Del Vecchio – Following Family Legacy
This Californian lad is in the 5th spot among the top 10 youngest billionaires in the world list of 2022. Katharina Andresen is the older sister of Alexandra Andresen and daughter of Johan H. Andresen Jr., owner of Ferd AS. Ferd is involved in various financial ventures like managing hedge funds, private equity investment, investing in stock exchange, etc. She is currently eight on our list of youngest billionaires with a net worth of $ 1.5 billion.
Becoming a billionaire at a young age is a remarkable achievement, reflecting not just wealth but also entrepreneurial drive, family legacies, and smart investments. In 2025, a new generation of young billionaires is reshaping the global wealth landscape, spanning continents from Europe and Asia to the Americas. In this article, we explore the Top 10 Youngest Billionaires in the World and the industries that propelled them to incredible wealth at such a young age. Zuckerberg’s year has been defined by upheaval, both in his reorganization of Meta’s leadership and in the company’s quest for AI dominance. In June he spent $14 billion to buy 49% of Scale AI and installed its cofounder and former CEO as head of Meta’s new AI lab. He also reportedly granted $1 billion pay packages to two high profile AI hires and poached 18 employees from OpenAI, some of whom have already left Meta.