Top 10 World’s Youngest Billionaires

At a time when the majority of us are pondering what classes to take, what positions to apply for, and how to make just enough money, some people seem to be a couple of dozen steps ahead. And a few exceptionally fortunate individuals are, well, a million steps ahead. They’ve either found out how to make a lot of money or have been given the best of all life has to bring, at least financially.

Jonathan Kwok

Jonathan Kwok is a director at Empire Group Holdings, where he oversees the group’s real estate acquisitions, project growth, and asset management activities. He is the younger son of late property tycoon Walter Kwok. Walter Kwok created the property developer after being fired as chairman of Hong Kong’s largest developer, Sun Hung Kai Properties (SHKP). However, the former chairman’s stakes in SHKP were passed down to Jonathan and his brother Geoffrey. Their grandmother Kwong Siu-hing, the widow of SHKP co-founder Kwok Tak-seng, has listed the brothers as beneficiaries of one-third of five family trusts.

Sam Bankman-Fried

Sam Bankman-Fried, a former ETF trader at Jane Street, amassed a net worth of $9 billion in three and a half years by trading cryptocurrency. He clarified that his popularity stems from lucrative crypto arbitrage opportunities. In 2017, Bankman-Fried founded Alameda Research, a crypto-trading company. The company currently has over $100 million in digital assets under management. Bankman-Fried became a self-made billionaire at the age of 29 thanks to the firm’s large-scale trades. He’s also the founder and CEO of the FTX Exchange, which trades cryptocurrency derivatives

Stanley Tang

Stanley Tang is a Co-Founder and the Head of DoorDash Labs, which focuses on robotics, self-driving cars, and the future of last-mile distribution. From May 2013 to November 2017, he was the Chief Product Officer of DoorDash. Mr Tang worked as a Software Engineer at Facebook, Inc., a social media and social networking firm, from June to September 2012. He has a bachelor’s degree in computer science.DoorDash went public on the New York Stock Exchange in early December 2020, and Tang owns about 4% of the company.

Andy Fang

Andy Fang is the co-founder and CTO of DoorDash, a technology company that links consumers with their favourite local and national businesses in over 850 cities throughout the United States and Canada. Andy is in charge of the technical team and is in charge of the DoorDash platform’s overall product vision, technology roadmap, and design direction.

Gustav Magnar Witzoe

He’s 26 years old, a glamorous international fashion model, and the heir to a vast fortune. Gustav Magnar Witzoe’s billions are spent in the following ways. Gustav Magnar Witzoe is one of the world’s youngest billionaires and one of Norway’s wealthiest individuals. But, in addition to his staggering $4.5 billion fortune derived from his family’s salmon farming empire, Salmar ASA, he’s also forging a successful career in the pharmaceutical industry.

Austin Russell

With his company, Luminar Technologies, a startup focusing on developing and commercialising technology for autonomous vehicles, the Californian has become the world’s youngest new billionaire at the age of 25. Luminar’s founder and CEO are one of the few people who has made a fortune in the self-driving car industry. The Wall Street Journal reported that Luminar’s stock rose nearly 28% to nearly $ 23 at the close of trading on Thursday, following its initial public offering. As a result, the company’s market cap was estimated to be about $ 7.8 billion. Austin owns 104.7 million Luminar shares or around a third of the company’s total stock. They were worth $ 2.4 billion at the close of trade on the Nasdaq on Thursday.

Katharina Andresen

Katharina Andresen, one of the world’s youngest billionaires, was born in 1995. She and her one-year-younger sister Alexandra each inherited 42 per cent of the family-owned investment firm Ferd. Johan, the sisters’ boss, still runs the business and has a dual-class share structure that gives him 70 per cent of the votes. Ferd manages hedge funds, invests in the Nordic stock market, and owns private equity.

Alexandra Andresen

Alexandra Andresen, the world’s youngest billionaire, is just 19 years old. She is the heir to a tobacco-based family fortune, and her stake in investment firm Ferd, valued at $1.2 billion by FORBES, puts her among the 2016 World’s Billionaires.

Wang Zelong

Wang Zelong, who is 24 years old, is the second-youngest billionaire on the Forbes World’s Billionaires List and the youngest in Asia. The billionaire’s wealth stems from his investments in CNNC Hua Yuan Titanium Dioxide Co., a chemical company listed on the Shenzhen stock exchange. He also owns shares in Lomon Billions Group, a Chinese titanium dioxide manufacturer. He has a net worth of $1.5 billion despite being just 24 years old.

Kevin David Lehmann

Kevin David’s full name is Kevin David Lehmann, and he is the World’s Youngest Billionaire. He has a net worth of $3.3 billion despite being just 18 years old. Guenther Lehmann, his father, is responsible for his entire fan base and fame. Yes, when Kevin was 14 years old, he transferred his 50% stake in the drugstore chain “dm-Drogerie Markt” to his account. His stake remained under trusteeship after he reached maturity in September 2020. He is now known as the World’s Youngest Richest Person as a result of this whole event.