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Top 10 Youngest Billionaires in the World

Being a billionaire is an important hit for everybody, but have you ever wondered how it is to be a billionaire when you're in your teens or twenties?

wealthydev by wealthydev
December 13, 2021
in Wealth
Reading Time: 4 mins read
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10 Youngest Billionaires in the World
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Everyone understands what it means to be a billionaire because everyone aspires to be one. Nobody, however, considers the challenges that must be overcome in order to achieve that level of riches. The road to becoming a billionaire is not smooth, and this is especially true at such a young age. The sheer effort and odds that must be overcome are incredibly inspiring. These are some of the people who become billionaires while still in their teens and twenties.

Table of Contents

  • Here is a list of the Youngest Billionaires in the world, which will undoubtedly surprise you.
    • 1. Kevin David Lehmann
    • 2. Wang Zelong
    • 3. Alexandra Andresen
    • 4. Katharina Andresen
    • 5. Austin Russel 
    • 6. Gustav Magnar Witzoe
    • 7. Andy Fang
    • 8. Stanley Tang
    • 9. Sam Bankman-Fried
    • 10. Jonathan Kwok

Here is a list of the Youngest Billionaires in the world, which will undoubtedly surprise you.

1. Kevin David Lehmann

Age: 18

Net Worth: $3.3 Billion

Source of Wealth: Drugstore

Country: Germany

Kevin David Lehmann, the world’s youngest billionaire, was born at a young age and became the world’s youngest billionaire. Kevin David Lehmann was 14 years old when his father sold a half-share in a German drugstore called Drogerie Markt (DM).

2. Wang Zelong

Age: 24

Net Worth: $1.5 Billion

Source of Wealth: Pigment Production

Country: China

Wang Zelong inherited a share in CNNC Hua Yuan Titanium Dioxide Co., a Shenzhen-listed chemical business. Titanium dioxide pigment, a white pigment that can be utilized in coatings, plastics, ink, and other materials, is produced by the company.

10 Youngest Billionaires in the World
Image Source: nairametrics.com

Also read – 10 Richest Families In The World 2021

3. Alexandra Andresen

Age: 24

Net Worth: $1.4 Billion

Source of Wealth: Investment Firm

Country: Norway

Alexandra Gamlemshaug Andresen is an heiress from Norway. At the age of 19, she became one of the world’s youngest billionaires. Alexandra Andresen and her one-year-old sister Katharina each inherited 42% of the family-owned investment firm Ferd. Ferd manages hedge funds, participates in the Nordic stock exchange, and invests in private equity.

10 Youngest Billionaires in the World
Image Source: forbes.com

Also read – Top 12 Richest Rappers in the World 2021

4. Katharina Andresen

Age: 25

Net Worth: $1.4 Billion

Source of Wealth: Investment Firm

Country: Norway

Katharina Gamlemshaug Andresen is an heiress from Norway. She and her one-year-younger sister Alexandra each inherited 42 percent of the family-owned investment firm Ferd. Ferd manages hedge funds, participates in the Nordic stock exchange, and invests in private equity.

10 Youngest Billionaires in the World
Image Source: money.com

Also read – Top 10 Highest Paid Footballers in the World (2021)

5. Austin Russel 

Age: 26

Net Worth: $2.4 Billion

Source of Wealth: Autonomous Car Tech

Country: United States of America

Austin Kingsley Russell is a Newport Beach, California-based entrepreneur and the founder and CEO of Luminar Technologies Inc. Luminar competes with laser lidar manufacturers such as Velodyne and Aeva, who produce high-tech sensors to enable self-driving cars “see” their surroundings.

10 Youngest Billionaires in the World
Image Source: wikipedia.org

6. Gustav Magnar Witzoe

Age: 27

Net Worth: $4.5 Billion

Source of Wealth: Fish Farming

Country: Norway

Gustav Magnar Witze is a Norwegian billionaire and a major shareholder in Salmar ASA, a salmon fish farming enterprise. He is one of the youngest billionaires in the world. Salmar has been in the forefront of Norway’s industrialization of fish farming, refining the product into more refined cuts with better margins.

10 Youngest Billionaires in the World
Image Source: businessinsider.com

7. Andy Fang

Age: 28

Net Worth: $2.8 Billion

Source of Wealth: Doordash

Country: United States of America

Andy Fang is a tech billionaire who is Chinese-American. He is most known for co-founding and serving as the Chief Technology Officer of DoorDash, which he co-founded in 2013 with Stanley Tang, Tony Xu, and Evan Moore. DoorDash, which has already benefited from food delivery trends, is now expanding into the delivery of alcoholic beverages.

10 Youngest Billionaires in the World
Image Source: cnbc.com

8. Stanley Tang

Age: 28

Net Worth: $2.8 Billion

Source of wealth: Doordash

Country: United States of America

Stanley Tang is a tech billionaire from Hong Kong. Tang owns around 4% of DoorDash, which went public on the New York Stock Exchange in early December 2020, making him one of the world’s youngest billionaires. More than 18 million clients use the service, and 1 million “dashers” bring food from 390,000 retailers.

10 Youngest Billionaires in the World
Image Source: incomediary.com

9. Sam Bankman-Fried

Age: 29

Net Worth: $22.5 Billion

Source of Wealth: Crypto Trading

Country: United States of America

The founder and CEO of FTX, a cryptocurrency exchange, is Sam Bankman-Fried. The 29-year-old Hong Kong native is regarded as the crypto industry’s wealthiest individual. He also manages assets through Alameda Research, a quantitative bitcoin trading firm. His crypto-currency business, Alameda Research, now generates $2 billion in day revenue, demonstrating crypto’s growing market strength.

10 Youngest Billionaires in the World
Image Source: forbes.com

10. Jonathan Kwok

Age: 29

Net Worth: $2.4 Billion

Source of Wealth: Real Estate

Country: Hong Kong

Jonathan Kwok is the younger son of the late Walter Kwok, the former chairman of Sun Hung Kai Properties, Hong Kong’s largest developer. Walter passed away on October 20, 2018, at the age of 68. In 2008, he was forced to resign as chairman of the company due to a conflict with his two brothers, Thomas and Raymond. Jonathan and his brother, Geoffrey, took over Empire Group Holdings.

10 Youngest Billionaires in the World
Image Source: tatlerasia.com
Tags: Alexandra AndresenAndy FangAustin RusselGustav Magnar WitzoeJonathan KwokKatharina AndresenKevin David LehmannSam Bankman-FriedStanley TangWang ZelongYoungest Billionaires
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