He inherited 49% of Red Bull when his father Dietrich Mateschitz, who founded the business in 1984, died in 2022. Red Bull generated $11.6 billion in revenue last year and sold 12.1 billion cans, enough for each person on earth to pep up with 1.5 energy drinks. Leonardo Maria is his father’s only child with Zampillo and heads strategy for Luxottica. She and her sister Jung-youn each own approximately 9% of the South Korean-Japanese online gaming publisher Nexon, founded by their late father Kim Jung-ju in 1994. Nexon’s hit role-playing video game MapleStory, released in 2003, helped popularize the free-to-play model whereby users paid only for cosmetic, nonessential accessories for their characters. At the age of 20, she became a major individual shareholder in WEG, the leading manufacturer of electric motors in Latin America, which was co-founded by her late grandfather.
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Despite the fact that her family business has inherited the majority of her money, she has been on the cover of Forbes for three years in a row. She was given 42 percent of her father’s investment firm, Ferd, in 2007, just like her sister, and currently has a net worth of $1.4 billion. The majority of today’s youngest billionaires are in their mid- to late-twenties and have already achieved success in their fields. This article will go through the world’s youngest billionaires, the source of their wealth and their net worths. The list includes a wide background of young people who have a lot more to give to the world, from Stanford dropouts who founded a business to cryptocurrency gurus and food delivery magnates. So, without further ado, here are the world’s top 14 youngest billionaires.
His father, Leonardo Del Vecchio, led EssilorLuxottica, a huge company that makes eyeglasses. When his father passed away in 2022, Luca inherited 12.5% of Delfin, a big company based in Luxembourg. This company has large shares in major businesses like Generali insurance, Mediobanca and UniCredit banks, and Covivio, a real estate developer. Remi owns an estimated 4.1% stake in that business, which he inherited upon his father’s death in 2021, as well as an estimated 2.5% stake in the software firm Dassault Systèmes. Mistry’s father’s death left him and his brother (Firoz, above) with 4.6% stakes in Tata Sons.
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He is the chief strategy officer of EssilorLuxottica, the largest eyeglasses company in the world and the owner of Ray-Ban, which his father chaired until his death in June 2022. Del Vecchio, his mother and his six half-siblings all inherited a 12.5% stake in the family’s Luxembourg-based holding company Delfin, which owns nearly a third of EssilorLuxottica. Clemente Del Vecchio, a citizen of Italy, is the son of Leonardo Del Vecchio, the late chairman of EssilorLuxottica, the world’s largest eyeglasses firm. Clemente acquired 12.5% ownership in the Luxembourg based holding company Delfin, making him a billionaire at the young age of 18 placing him on the top of our list of youngest billionaires. Clemente is in second place on the list of the top ten youngest billionaires in the world.
Let’s look at the list of the top ten youngest billionaires in the world and see how these people amassed their great wealth. Most of the youngest billionaires inherit wealth from their families. In contrast, most older crowd have built their fortunes from scratch.
Age: 22 Citizenship: Germany Source of Wealth: Drugstores Net Worth: $3.6 Billion
Jonathan has been in charge of the company since then, and he has become the 8th world’s youngest billionaire. At the age of 30, his net worth is believed to be approximately $2.4 billion. He is a Hong Kong citizen who studied business administration at Cornell University. Like her sister Kim Jung-youn, Kim Jung-min also owns 9% of NXC. This gaming company, Nexon, was founded by her late father and has some popular games such as MapleStory, which was released in 2023. Clemente Del Vecchio is the third child of Leonardo Del Vecchio, who inherited a 12.5% stake in Delfin when his father died in 2022.
Age: 32 Citizenship: Hong Kong Source of Wealth: Real Estate Net Worth: $2.4 Billion
He started learning laptop programming when he was quite young, which helped him and his younger brother establish Stripe. Infusion and injection solutions for surgical equipment are the company’s specialty, and it presently employs over 60,000 people worldwide. Ludwig Theodor Braun is 29 years old and has a $1 billion net worth. John Collision, 28, grew up in the Irish countryside near Limerick with his older brother, Patrick Collison, a co-founder of Stripe. Forbes estimates John Collison’s net worth to be around $3.2 billion in 2021, and he is a self-made billionaire. Several well-known entrepreneurs topped the list of the richest people in the world in the first month of 2025.
She is also one of the largest individual shareholders of WEG, the largest manufacturer of electrical motors in Latin America. Like her sister, she doesn’t hold any executive position at WEG. 22-year-old Kim Jung-min, sister to Kim Jung-youn, shares a $1.4 billion net worth with her sister. Their money comes from their shares in Nexon, given to them by their father, Kim Jung-ju.
Back in 2021, a $7.3 billion valuation of the company gave Wang his first go at a three-comma fortune, but he dropped off the Forbes list in 2023 amid a swath of plummeting private tech valuations. Now, thanks to a May funding round that valued Scale AI at $13.8 billion, the company—and Wang—are back. The vast majority of the billionaire youths—15 of them—are from Europe. Germany has the most on the continent, with the four von Baumbachs as well as the heirs Sophie Luise Fielmann (age 30; eyeglasses), Kevin David Lehmann (22; drugstores) and Maxim Tebar (23; chainsaws).
WEG works in more than ten countries and made about $6 billion in 2022. Dora’s training as an architect and her big shares in WEG show her influence in both culture and business. Tebar owes his fortune to a stake in Stihl, one of the world’s leading manufacturers of chainsaws and other handheld power equipment.
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- Clemente is interested in science and technology and is focusing on his studies while staying away from the business world.
- These individuals come from diverse backgrounds and industries and showcase a wide range of accomplishments.
- Craven is now worth $2.8 billion (P160 billion), with Stake generating $4.7 billion (P268 billion) in the past year.
Kim Jung-youn became a billionaire at the young of 19 rightly placing her top 10 youngest billionaires in the world second in our list of youngest billionaires. She inherited a 30.78% stake in NXC, her father’s personal holding company after his passing in 2022. She is based in South Korea currently with a net worth of $ 1.7 billion.
- Palantir Technologies cofounder and CEO Alexander Karp ($8.4 billion) and Nigerian businessman Mike Adenuga ($6.8 billion) round out the top five.
- Neither Jung-youn nor her sister has been actively engaged in Nexon’s day-to-day operations, and they maintain a low public profile.
- At just 27 years old, Leonardo Maria Del Vecchio oversees strategy at Luxottica, an Italian eyewear conglomerate.
- One is Australia’s Ed Craven (29), who cofounded Stake.com, thought to be the world’s biggest crypto-backed online casino, with $4.7 billion in revenue last year.
That goes for the world’s youngest billionaire, Johannes von Baumbach (age 19), heir to Germany’s Boehringer Ingelheim, the world’s largest privately-owned pharmaceutical company. He and three siblings—ages 23, 25 and 27—are each worth an estimated $5.4 billion thanks to a stake in the drugmaker. Livia Voigt is heavily involved in WEG, the biggest electrical motor producer in Latin America. Together with late billionaires Eggon Joao da Silva and Geraldo Werninghaus, her grandfather, Werner Ricardo Voigt co-founded the corporation. Operating factories all over more than 10 countries, WEG is a worldwide company listed openly.
This year, the 25 youngest people on the Forbes’ World’s Billionaires list are all 33 or younger. A few are self-made, having built notable companies like Snap (Evan Spiegel, 33), Gymshark (Ben Francis, 31) and Oculus VR (Palmer Luckey, 31). The youngest daughter of the late Kim Jung-ju, who founded Nexon, South Korea’s top gaming firm. The family has strong ties to the worldwide gaming and technology industries.
Twenty-year-old Kim Jung-youn from South Korea and her sister Kim Jung-min own a big part of Nexon, a top online gaming company. They inherited about 18% of NXC, the company that owns Nexon, after their father died in 2022. So once again, the third youngest billionaire on this list has made it to this list because of inheritance. Despite their big wealth, neither sister takes part in running Nexon and they keep a very private life. She and her sister (below) inherited approximately 9% stakes in Nexon, a South Korean-Japanese online gaming company, after the 2022 death of their father, company founder Kim Jung-ju. Nexon was a pioneer of the free-to-play gaming model and is also an industry leader of massively multiplayer online role-playing games, or MMORPGs.