The Youngest Billionaires In The World

1. Kevin David Lehmann - $1.5bn

imagesource/apnewscornerSource of Wealth & Country: Drugstores/GermanyLehmann is the youngest billionaire in the world, at the age of 18 he owns 50% of Germany's leading drugstore chain, DM (drogerie market) which brings in over $12 billion in annual revenue. He inherited stakes in the German drugstore chain from his father when he was 14.

2. Wang Zelong - $1.5 bn

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Pigment production/ChinaWang inherited a stake worth more than $1.3 billion in CNNC Hua Yuan Titanium Dioxide Co, which trades on the Shenzhen stock exchange. The company produces the white pigment that is used in coating plastics, ink and other materials.

3. Pedro Franceschi - $1.5bn

imagesource/entrepreneurSource of Wealth & Country: 

Fintech/BrazilPedro is co-CEO of Brex, a fintech startup aiming to overhaul the corporate credit card. After meeting co-founder Henrique Dubugras in 2012 on Twitter, they launched a startup the following year before selling it to a larger rival in 2015.

4. Alexandra and Katharina Andresen - $1.3bn

imagesource/businessinsiderSource of Wealth & Country: 

Investment Firm/NorwayThe Anderesen sisters inherited 42% of Ferd, a Bærum, Norway-based investment company that brings in $2 billion in annual revenue. Ferd runs hedge funds, private equity investments and is an active investor on the Nordic stock exchange.

5. Henrique Dubugras - $1.5bn

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Fintech/BrazilDubugras became a billionaire in January 2022, when Brex, based in California, raised money from private investors. He and Pedro have worked together since 2012 and have gone through the entire process together.

6. Ryan Breslow - $2bn

imagesource/techcrunchSource of Wealth & Country: 

E-Commerce/USABreslow is the founder and CEO of Bolt, the company brings one-click checkout to the world, this tech company that secured an $11 billion valuation from investors in January. An anonymous user disclosed that he also owns a 25% stake that's worth around $2.75bn - the young founder declined to comment.

7. Austin Russell - $1.6bn

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Autonomous Car TechRussell actually dropped out of Stanford in 2012 after receiving a $100,000 Thiel Fellowship to start Luminar Technologies. The 25-year-old founded Luminar - which makes LIDAR sensors for self-driving cars, with claims to have functioning LIDAR that works at 250 meters, which is a breakthrough.

8. Gary Wang - $5.9bn

imagesource/thecoinrepublicSource of Wealth & Country: 

Cryptocurrency/USAWang is the co-founder and the chief technology officer of cryptocurrency exchange FTX, he owns 16% of the exchange, which raised $400 million at a $32 billion valuation early 2022. Cryptocurrency seems to be the way forward for many young billionaires.

9. Gustav Magnar Witzoe - $4.5bn

imagesource/salmonbusinessSource of Wealth & Country: 

Fish Farming/NorwaySalMar ASA is a Norwegian salmon producer that was founded by Gustav Witzoe's father in 1991. Gustav's fortune doubled last year thanks to the company's strong market performance. Witzoe is also a technology startup and property investor.

10. Andy Fang - $1.1bn

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DoorDash/USAChinese-American billionaire tech entrepreneur is best known for co-founding DoorDash, which he started alongside Stanley Tang, Tony Xu and Evan Moore in 2013. Tang owns around 4% of DoorDash, which listed it's shares on the New York Exchange in December 2020.

11. Stanley Tang - $1.2bn

imagesource/upswingpokerSource of Wealth & Country: 

DoorDash/USAFang and Tang both co-founded this business in 2013 which became more prevalent than ever during the Pandemic as restaurants as customers needed everything delivered. Tang also owns a 4% stake of DoorDash.

12. Sam Bankman-Fried - $24bn

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Crypto Trading/USABeing one of the youngest billionaires in the world, Bankman-Fried has an estimated worth of $8.7 billion after he built his massive crypto fortune. The empire grew at an astonishing speed after having launched both trading firm Alameda Research and crypto trading platform FTX.

13. Jonathan Kwok - $2.2bn

imagesource/toptenfamousSource of Wealth & Country: 

Real Estate/Hong KongJonathon and his older brother, Geoffrey, 35, each inherited their late father Walter Kwok's portion of his stake in Sun Hung Kai Properties. Walter Kwok was outed as chairman in 2008 as a result of a feud with his brothers - he then started Empire Group Holdings, which Geoffrey and Jonathan now run.

14. Alex Atallah - $2.2bn

imagesource/devpostSource of Wealth & Country: 

OpenSea/USAAlex Atallah is the Chief Technology Officer of OpenSea, he co-founded the company with CEO Devin Finzer in 2018 and the pair became billionaires after a funding rounded valued their company at $13.3 billion.

15. Elisabeth Furtwaengler - $1bn

imagesource/gettotextSource of Wealth & Country: 

Publishing/GermanyElisabeth Furtwaengler is the daughter of publishing magnate Hubery Burda and doctor and actress, Maria Furtwaegler who owns 25% of Burda Media group.Elisabeth is a member of the board of directors, alongside her brothers Jacob.

16. John Collison - $9.5bn

imagesource/wikipediaSource of Wealth & Country: 

Stripe/IrelandJohn Collinson, is co-founder and President of Stripe, which he co-founded in 2010 with his brother Patrick. The online payments company is expanding internet commerce by making it easy to make transactions everywhere.

17. Devin Finzer - $2.2bn

imagesource/forbesSource of Wealth & Country: 

OpenSea/USAOpenSea is a marketplace from nonfungible tokens - digital assets that represents real-world objects like art. Alongside Alex Atallah, Devin founded OpenSea in 2018 with each of them now owning 18% of the company. Finzer was the first NFT billionaire in 2021.

18. Lisa Draexlmaier - $1.4bn

imagesource/corriereSource of Wealth & Country: 

Automobile/GermanyLisa and her father, Fritz, preside over auto parts maker Fritz Draexlmaier Holding GmbH - which Lisa is sole owner of. The company counts it's customers Audi, BMW, Cadillac, Land Rover, Maserati, Mercedes-Benz. Porsche and Tesla.

19. Evan Thomas Spiegel - $7.1bn

imagesource/CNBCSource of Wealth & Country:

Snapchat/USAEvan Spiegel is co-founder and CEO of social media company snap inc, which he created with Bobby Murphy and Reggie Brown, while they were students at Stanford University. Evan became a billionaire at the age of 25.

20. Perenna Kei - $1.4bn

imagesource/mintiandiSource of Wealth & Country: 

Logan Property Holdings/ChinaChinese billionaire businesswoman, Perenna Kei, has an estimated net worth of $1.4 billion. She was named the youngest billionaire in the world in 2014 by Forbes and she holds 85% of her father's company, Logan Property Holdings.

21. Pedro de Godoy Bueno - $1.2bn

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Health Insurance/BrazilPedro de Godoy Bueno is Brazil's youngest billionaire with a net worth of $1.3billion. HI late father, Edson, was Brazil's richest healthcare billionaire before he passed away in 2017 from a heart attack leaving most of his fortune to his children.

22. Joseph Lau - $2.4bn

imagesource/forbesSource of Wealth & Country: 

Alchemy/USAAlchemy, whose software powers thousands of blockchain based Web3 companies, was founded in 2020. The company was valued by private investors at $10.2bn in February 2022.

23. Bobby Murphy - $7.5bn

imagesource/architecturaldigestSource of Wealth & Country: 

Snapchat/USAMurphy is the Cheif Technology Officer at Snapchat, which he built with Evan Spiegel, his Stanford University friend. The pair both own 30% of Snap but his voting shares give them control over the board. Snapchat has invested around $30 million into real estate and still owns 18% on Snap Chat Inc.

24. Patrick Collison - $9.5bn

imagesource/gentlemensjournalSource of Wealth & Country: 

Stripe/IrelandThe online payment gateway lets businesses and individuals accept payments over the internet. Founders Patrick and John came up with the idea for Stripe while both in college in Cambridge at MIT. Stripe's first payment was processed while the Collinson brothers were on vacation in South America.

25. Nikil Viswanathan - $2.4bn

imagesource/WIREDSource of Wealth & Country: 

Alchemy/USAThe other co-founder of Alchemy, whose software powers thousands of blockchain based Web3 companies, was founded in 2020 and valued at around $10.2 billion. Viswanathan owns around a 26% stake of the business.

26. Fred Ehrsam - $2.2bn

imagesource/CNBCSource of Wealth & Country: 

Cryptocurrency exchangeMost people have heard of Coinbase, Fred Ehrsam is the co-founder of the cryptocurrency exchange which was founded in 2012. The platform has grown to the largest US crypto brokerage and although Ehrsam left the company in 2017, he still remains on the board and still owns 6% of its stock.

27. Said Gutseriev - $1.2bn

imagesource/marieclaireSource of Wealth & Country: 

Fortheinvest JS, Safmar JSC/RussiaSaid Gutseriev is a Russian entrepreneur and CEO of the oil holding ForteInvest JSC, co-owner of the Industrial and Financial Group SAFMAR which includes assets in construction, real estate, and various industrial sectors. He also became the first investor in cryptocurrency exchange Currency.com in 2019.

28. Eva Maria Braun-Luedicke - $1.2bn

imagesource/oldestSource of Wealth & Country: 

Medical Technology/GermanyEva owns 12% of the medical device company B. Braun Melsungen, which began as a small pharmacy that sold herbal remedies The company today has over 60,000 employees and manufactures products ranging from infusion and injection solutions to surgical instruments.

29. André Kasprzak - $1.46bn

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Shoes/DenmarkDanish businessman, André Kasprzak owns a large number of shares in ECCO. He joined ECCO's supervisory board in 2017 after his father stepped down as CEO. Before this, he served in the military and played golf professionally in the Nordic League.

30. Lukas Walton - $17.6bn

imagesource/waltonfamilyfoundationSource of Wealth & Country: 

Walmart/USALukas Walton is an American billionaire heir and grandson of Sam Walton, the founder of Walmart. He's part of one of the richest families in the world and after his father died in the plane crash in 2005, he received one-third of his father's estate. Lukas Walton owns stakes in Walmart, First Solar and Arvest Bank.