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Top 10 Youngest Billionaires in the World

The World's Billionaires is an annual ranking by recorded net worth of the world's wealthiest billionaires, compiled by the American business magazine Forbes and published in March each year. The list was first published in March 1987. The total net worth of each individual on the list is estimated and quoted in US dollars, based on their recorded assets and debt accounting and other factors. Royals and dictators who derived their wealth from their positions were excluded from this list. This ranking is an index of the wealthiest individuals on record. Join us to learn about the world's youngest billionaires in the article below!

1. Kevin David Lehmann

Inheriting 50% of the shares in the dm-drogerie markt pharmaceutical empire from his father, Kevin David Lehmann is currently the youngest billionaire on the list of world billionaires recently published by Forbes Magazine. This young man just turned 18 years old this year. Currently, Kevin David Lehmann owns assets worth $3.3 billion, ranking 35th in Forbes' billionaire ranking. Dm-drogerie markt is the leading drug store chain in Germany, founded in 1973. According to Dm-drogerie markt's website, this company currently has more than 3,400 stores with more than 41,000 throughout Germany. This company earns about 12 billion USD per year. In 1974, Mr. Guenther Lehmann, Kevin David Lehmann's father, who was then running the family's Pfannkuch grocery store chain, decided to invest capital in dm-drogerie markt. As of 2017, Mr. Guenther Lehmann holds 50% of the shares in this drug store chain.
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2. Wang Zelong

Wang Zelong grew up in a family environment that was in the chemical business. His father, Mr. Wang Deliang, built the family business and inspired his son about the business model and high profits of this manufacturing industry. Growing up in ideal development conditions, not yet 25 years old, Wang Zelong took actual control of a listed company with a scale of hundreds of millions of dollars. In December 2019, China Nuclear Titanium Dioxide announced that Wang Zelong purchased 431 million shares of Li Jianfeng, the company's original controller, for 1.636 billion Yuan, accounting for 27.05% of the total share capital. Upon completion of the transaction, the actual controller of China Nuclear Titanium Dioxide was changed to Wang Zelong. For a while, a series of articles with the titles "9X businessman takes control of class A listed company", "23 years old with a net worth of 3 billion" and compliments flooded the media. media.

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3. Alexandra Andresen

Alexandra Gamlemshaug Andresen was born on July 23, 1996, and is a Norwegian heiress. She became the world's youngest billionaire at the age of 19 in 2016 and held the position of youngest billionaire on Forbes' list for three consecutive years. As of 2020, Andresen is the world's second youngest billionaire and her net worth is estimated at US$1.1 billion. Andresen is the daughter of Norwegian industrialist Johan H. Andresen Jr, owner of Ferd AS, who in 2007, transferred ownership shares of 42.2% each to Alexandra and her sister Katharina (although although their father insisted that he would not force his daughters to join the family company if they did not want to). She is the niece of Johan H. Andresen, the niece of Johan Henrik Andresen and Anton Klaveness and the niece of Nicolai Andresen. Johan Henrik is the brother of Nicolay August Andresen and uncle of Nils August Andresen Butenschøn. Andresen has won many awards and titles in horse dressage competitions and has modeled many times for the equestrian clothing company KingsLand.

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4. Katharina Andresen

Katharina Gamlemshaug Andresen was born on May 21, 1995, and is a Norwegian heiress and the world's third youngest billionaire ($1.1 billion) as reported by Forbes in 2020. She is the daughter of Johan H. Andresen Jr, owner of Ferd AS, who, in 2007, transferred 42.2% shares each to Katharina and her sister Alexandra. She is the niece of Johan H. Andresen, the niece of Johan Henrik Andresen and Anton Klaveness and the niece of Nicolai Andresen. Johan Henrik is the brother of Nicolay August Andresen and uncle of Nils August Andresen Butenschøn. In November 2017, Andresen was fined 250,000kr ($27,000) for drunk driving. Andresen's blood alcohol level was three times the legal limit. Along with the fine, the sentence includes a 13-month license suspension.

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5. Austin Russell

Austin Russell is an American businessman, founder and CEO of Luminar Technologies. Luminar specializes in machine and lidar sensing technology, primarily used in self-driving cars. Luminar went public in December 2020, making him the world's youngest self-made billionaire. Although Luminar's stock price has fallen steadily since its listing, Russell made $220 million by selling 10.5 million shares at $21 each six months after its listing. A child prodigy, Russell memorized the periodic table of elements at the age of two. At age 13, Russell registered his first patent for a groundwater recycling system to reuse water from fountains.

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6. Gustav Magnar Witzoe

Gustav Magnar Witzoe was born on February 8, 1993, is a Norwegian billionaire and a significant shareholder of the salmon farming company Salmar ASA. He is one of the youngest billionaires in the world. Witzøe was born in Frøya, Trøndelag, to parents Gustav and Oddny Witzøe. His father founded SalMar, one of the world's largest producers of farmed salmon. SalMar also owns a significant stake in Scottish Sea Farms, the UK's second largest salmon farm.

When he was 19, Gustav Magnar Witzoe spent two weeks in jail after being caught driving 180 km/h in a 60 km/h zone and allegedly avoiding a large inheritance tax bill but being quick enough to pay it. for the guards. Witzoe joined the family business and worked as a milkmaid at SalMar's fish farms in Frøya. As of 2021, his net worth is $4.3 billion. Witzoe is also a tech startup and real estate investor. He previously worked for MGM Property and invested in both Gopi and Keybutler.

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7. Andy Fang

Achieving billionaire status is no easy feat, and only a handful of us can achieve ten-figure wealth (USD) under the age of 30. Some are self-made billionaires. , they became rich through their startups, mainly in the technology sector, while others inherited their fortunes. Life is not just about winning prizes, nor about winning competitions or anything else, but about their own real efforts.


Andy Fang was born in 1992 and is a Chinese-American technology business billionaire. He is best known as the co-founder and Chief Technology Officer at DoorDash which he started with Stanley Tang, Tony Xu and Evan Moore in 2013. DoorDash had its IPO in December 2020, making Fang's net worth is estimated at $2.2 billion as of December 2020.

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8. Stanley Tang

The World's Billionaires is an annual ranking by recorded net worth of the world's wealthiest billionaires, compiled by the American business magazine Forbes and published in March each year. The list was first published in March 1987. The total net worth of each individual on the list is estimated and quoted in US dollars, based on their recorded assets and debt accounting and other factors. Royals and dictators who derived their wealth from their positions were excluded from this list.


Stanley Tang was born in 1992 and is a billionaire technology entrepreneur from Hong Kong. He is best known as the co-founder and Chief Product Officer at DoorDash which he started with Tony Xu, Andy Fang and Evan Moore in 2013. DoorDash had its IPO in December 2020 making it worth Tang's net worth is estimated at $2.2 billion as of December 2020. Tang holds a bachelor's degree in Computer Science from Stanford University. He grew up in Hong Kong and now lives in San Francisco, California.
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9. Sam Bankman-Fried

Samuel Bankman-Fried was born on March 6, 1992, also known by the abbreviation SBF, is an American businessman. He is the founder and CEO of FTX, a cryptocurrency exchange. He also manages assets through Alameda Research, a quantitative cryptocurrency trading firm he founded in October 2017. He is ranked 32nd on the 2021 Forbes 400 list with a net worth of 22.5 billion US dollars. Bankman-Fried was born in 1992 on the campus of Stanford University, the son of Barbara Fried and Joseph Bankman, both law professors at Stanford Law School. When he was about 14 years old, his mother noticed that he had spontaneously developed an interest in utilitarianism. He then attended Mathcamp Canada/USA, a summer program for mathematically talented high school students. From 2010 to 2014, Bankman-Fried studied at the Massachusetts Institute of Technology. Here, he lives in a group house called Epsilon Theta. In 2012, he blogged about utilitarianism, baseball, and politics. In 2014, he graduated with a bachelor's degree in physics and majored in mathematics.
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10. Jonathan Kwok

Jonathan Kwok, 28 years old, is the son of real estate tycoon Walter Kwok, currently director of Empire Group Holdings real estate company. Mr. Walter Kwok founded Empire Group Holdings after being kicked from the chairmanship of Sun Hung Kai Properties (SHKP), Hong Kong's largest real estate group. However, he still kept shares in SHKP and left it to his two sons Jonathan and Geofrey Kwok. The two brothers also inherited a portion of shares from their grandmother Kwong Siu-hing. Jonathan Kwok owns assets worth $2 billion. Jonathan's father passed away in 2018 at the age of 68. Previously in 2008, he was ousted as chairman in a disagreement with his two brothers, Thomas and Raymond.


After his father died, Jonathan Kwok and his brother took over Empire Group Holdings - the company built by his father after leaving Sun Hung Kai Properties. Empire Group Holdings is a privately held real estate investment and development company headquartered in Hong Kong. Since 2010, the group has invested more than HK$20 billion in real estate projects in many places. The two Jonathan brothers inherited Mr. Walter's shares at Sun Hung Kai Properties and enjoyed 1/3 of the five large family trust funds held by Jonathan's grandmother. Jonathan Kwok is one of the youngest billionaires in Asia according to Forbes list.
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