TOP 15 youngest billionaires in the world: how they made their fortune
5 April 2024 09:46
In 2024, Forbes’ global ranking of dollar billionaires included 15 people under the age of 30, all of whom inherited their fortune. Forbes writes about this, Komersant ukrainskyi 
reports.
This year, not only has the number of young billionaires in the Forbes global ranking remained unchanged, but also the composition of the participants has remained largely unchanged. However, a few people dropped out, including Wang Zelong, who inherited a stake in the Chinese chemical company CNNC Hua Yuan Titanium Dioxide Co. and Ryan Breslow, co-founder of the fintech startup Bolt, which has severely declined in value due to disputes with investors who accused the entrepreneur of embezzlement.
Instead, the list of young billionaires has been expanded to include six newcomers. They include 19-year-old Livia Voight, who inherited a stake in WEG, one of the world’s largest electric motor manufacturers, and brothers Zahan and Firoz Mistry, heirs to one of India’s richest men. All 15 young billionaires on the 2024 list received their wealth from older generations.
According to The Guardian, a study by Forbes magazine showed that the number of such rich people will increase dramatically in the near future, as the elderly super-rich prepare to pass on their wealth to their children.
In the first wave of major wealth transfers, more than a thousand wealthy people are expected to pass more than $5.2 trillion to their heirs.
Top 15 young billionaires in the world:
Clemente del Vecchio, co-owner of Ray Ban and Oakley eyewear company
- Age: 19 years old
- Net worth: $4.7 billion
- Clemente del Vecchio became a young billionaire in 2022 after the death of his father, Leonardo del Vecchio, founder of the world’s largest eyewear and lens manufacturer Luxottica.
Livia Voight, co-owner of the electric motor manufacturer WEG
- Age: 19 years old
- Net worth: $1.1 billion
- Livia Voigt is the youngest granddaughter of Werner Voigt, who founded WEG with his partners in 1961, which became the largest electric motor manufacturer in Latin America. Voight died in the summer of 2016 at the age of 86. Livia inherited a stake in the company along with other relatives.
Kim Jun-young, co-owner of online game developer Nexon
- Age: 20 years old
- Net worth: $1.4 billion
- Kim Jun-young inherited a stake in her father Kim Jun-joo’s holding company NXC. He died in the spring of 2022 at the age of 54. In 1994, Kim Jun-joo founded the online game development company Nexon, almost half of which is now owned by NXC.
Kevin David Lehmann, co-owner of the dm (Drogerie Markt) cosmetics chain
- Age: 21 years old
- Net worth: $3.3 billion
- in 2017, 14-year-old Kevin David Lehmann received a 50% stake in the German cosmetics and healthcare chain dm (Drogerie Markt) from his father.
Luca del Vecchio, co-owner of the Ray Ban and Oakley eyewear company
- Age: 22 years old
- Net worth: $4.7 billion
- Luca is another son of Leonardo del Vecchio, the founder of Luxottica, the world’s largest eyewear and lens manufacturer.
Remy Dassault, co-owner of the Dassault Aviation holding
- Age: 22 years old
- Net worth: $2.5 billion
- Rémy is the great-grandson of French aviation engineer Marcel Bloch (who changed his name to Dassault after 1945). Remy’s father, businessman and politician Olivier Dassault, died in a plane crash in 2021.
Kim Jung-min, co-owner of online game developer Nexon
- Age: 22 years old
- Net worth: $1.4 billion
- Kim Jun-min is the second daughter of Korean billionaire Kim Jun-joo, who inherited a stake in her father’s holding company NXC. He died in the spring of 2022 at the age of 54. In 1994, Kim Jun-joo founded the online game development company Nexon, almost half of which is now owned by NXC.
Zahan Mistri, top manager of the construction holding company Shapoorji Pallonji Group
- Age: 25 years old
- Net worth: $4.9 billion
- Zahan Mistri, the son of Cyrus Mistri, an Irish businessman of Indian descent who died in a car accident in September 2022, has been appointed a director at SC Finance.
Dora Voight de Assis, co-owner of the electric motor manufacturer WEG
- Age: 26 years old
- Net worth: $1.1 billion
- Dora Voight de Assis is the eldest granddaughter of Werner Voight, co-founder of the world’s leading electric motor manufacturer WEG, who died in 2016.
Firoz Mistri, top manager of the construction holding company Shapoorji Pallonji Group
- Age: 27 years old
- Net worth: $4.9 billion
- Firoz Mistri is the eldest son of businessman Cyrus Mistri, who died in 2022.
Alexandra Andresen, co-owner of the investment company Ferd
- Age: 27 years old
- Net worth: $1.6 billion
- Back in 2007, Alexandra Andresen and her older sister Katarina received 42% of the Norwegian investment company Ferd from their father.
Leonardo Maria del Vecchio, co-owner of the Ray Ban and Oakley eyewear company
- Age: 28 years old
- Net worth: $4.7 billion
- Leonardo Maria is the only child of the late Leonardo del Vecchio and his second wife, Nicoletta Zampillo. He is in charge of the strategic development of Luxottica, a company founded by his father that produces eyewear under the well-known brands Ray Ban, Oakley, etc.
Katarina Andresen, co-owner of the investment company Ferd
- Age: 28 years old
- Net worth: $1.7 billion
- Katarina Andresen, like her younger sister Alexandra, owns 42% of the investment company Ferd.
Sophie Louise Fielmann, co-owner of the eyewear manufacturer Fielmann Group
- Age: 29 years old
- Net worth: $2.7 billion
- Sophie Louise Fielmann is the daughter of the founder of the eyewear company Fielmann Group, Günter Fielmann, who died in 2024 at the age of 84.
Gustav Magnar Witso, co-owner of the world’s largest fish farm Salmar ASA
- Age: 30 years old
- Net worth: $4.2 billion
- Since 2013, Gustav Magnar Vitzo has owned almost half of Salmar ASA, one of the world’s largest salmon farming companies. He inherited the stake from his father Gustav Vitzo, who founded the company in 1991.
