BILLIONAIRE! This terms always excites young individuals. It acts as the driving factor in them to work hard to become a Billionaire!! It is never easy to get name and fame in the world. People put in a lot of effort to make themselves recognised. It is their zeal and passion which makes them achieve what they want. Some people are talented enough, but even they require immense hard work and dedication to become famous personalities.
There are many people who have received the recognition of being a billionaire when they turned sixty. It is the output of the work the have done in their whole life to achieve this. But do you know that there are young individuals as well who have turned into billionaires. The mix of several factors has made them what they are today. Technology, talent, hard work and dedication are the key elements for it. If you are intrigued by this fact and want to dig in deeper, this article contains it all.
Here are TOP 10 YOUNGEST BILLIONAIRES OF THE WORLD
KEVIN DAVID LEHMANN
Kevin David Lehmann is an eighteen year old youngest billionaire. He is a native of the country, Germany. He has officially inherited his father’s 50% stake in German drug store drogerie market. His net worth is $3.3 Billion. He was born in 2003 and his father’s name is Guenther Lehmann. He keeps a low profile on the internet and much information cannot be derived regarding him.
Wang Zelong is a 24 year old individual hailing from the country, China. His main source of income is pigment production. He inherits a stake in CNNC Hua Yuan Titanium Dioxide Co. worth more than $1.3 billion. The company primarily produces a white pigment known as titanium dioxide. It is basically used for plastics, inks, coatings, etc.
Alexandra Andresen is a 24 year old individual who comes under the list of youngest billionaire. She is the resident of the country, Norway. Her main source of income is from an investment firm. She has been in the Forbes list for three consecutive years. She was 19 years old when she turned into a billionaire. Her net worth is $1.4 billion.
Katharina Andresen is a 25 year old individual who has also made a place in the list of youngest billionaires. She hails from the country, Norway. Her main source of income is from an investment firm. She was born on 21 May, 1995. She is the daughter of the owner of Ferd AS. His name is Johan H Andresen Jr. She has been living in London, England since 2019. Her net worth is $1.4 billion.
Austin Russell is a 26 year old individual from the United States of America. His net worth is $2.4 billion. The main source of income is Autonomous Car Technology. He dropped out of Stanford in 2012. He received $100,000 Thiel Fellowship to start Luminar Technologies. He owns one third of the company. The sensors of the vehicles produced bounces off the laser beams.
GUSTAV MAGNAR WITZOE
Gustav Magnar Witzoe is a 27 year old individual marking its presence in the list of youngest billionaires. He is a resident of the country, Norway. The source of wealth includes fish farming. He owns half of SalMar ASA. It is a Norwegian salmon producer. It was founded by his father who gifted it to him in 2013. This company has a strong market performance and has helped in receiving more profits. His net worth is $4.4 billion.
Andy Fang is 28 year old individual from the United States of America. The individual’s net worth is $2 billion. The main source of income is Doordash. He is an American entrepreneur who is the co founder and CTO at Doordash. He was born in 1992 and graduated from the Harker School. He also holds a bachelor’s degree from Stanford.
Stanley Tang is a 28 year old individual hailing from the United States of America. Net worth of this youngest billionaire is $2 billion. The mai source of wealth is Doordash. It is a food delivery app founded by Fang and Tang in 2013. It has been in demand even more during the Covid pandemic. Tang was the chief product officer previously.
Sam Bankman-Fried is a 29 year youngest billionaire from the United States of America. His net worth is $8.7 billion from the source of Crypto Trading. He launched a trading firm Alameda Research and crypto derivative trading platform FTX. Effective Altruism is the philosophy followed by him. He gave out $5 million to a pro biden super PAC in 2020.
Jonathan Kwok is a 29 year old individual from Hong Kong. He and his brother have inherited a portion from their father’s Hong Kong Property developer Sun Hung Kai Properties. Jonathan and Geoffrey run a property developer Empire Group Holdings. The net worth is $2.4 billionn received from the source of Real Estate.