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The 10 Youngest Billionaires In The World Right Now

The 10 youngest billionaires in the world right now range in age from 18 to 29. Among them, only four are self-made.

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The company’s founders, Fang and Tang, saw a significant surge in consumers during the pandemic, and DoorDash went public in December. Sam Bankman-Fried, who started and is the CEO of two cryptocurrency companies, is the fourth self-made billionaire on this list. The youngest billionaire in the planet is Kevin David Lehmann, who is 18 years old. His father transferred a large stake in the family’s chain of German drugstores to him when he was 14, but it remained in a trust until he turned 18.

Notably missing from this list are the Collison brothers John and Patrick (Stripe co-founders), Evan Spiegel (Snapchat), and Kylie Jenner. Spiegel and the Collison brothers are now in their 30s. A billionaire no longer exists in Jenner. This year, there are just ten billionaires who are under 30.

OLIVIER DOULIERY/AFP via Getty Images

Stanley Tang (#8) Net Worth: $2.8 billion
Age: 28
Source: DoorDash
nation: the United States

Seven. Andy Fang Value: $2.8 billion
Age: 28
from Door Dash
nation: the United States
Andy Fang and Stanley Tang, who co-founded DoorDash, each hold 4.2 percent of the business. Prior to going public, DoorDash received $400 million in operating capital in a fundraising round that valued the firm at $16 billion. DoorDash was expected to be valued between $23 billion and $32 billion at the time of the IPO. The company’s market capitalization is $46 billion as of this writing.

Gustav Magnar Witze, number six Age: 27; $3 billion in wealth
the farming of salmon
nation: Germany
Witzøe officially came into his wealth in 2013 when his father gifted him nearly half of the shares in his massively successful salmon company SalMar ASA, which is one of the biggest producers of salmon in the world. He now has the highest wealth in Norway thanks to the gift, but he prefers to pursue other forms of creative expression outside of the salmon industry. For instance, in his native Norway, he has a legitimate professional modeling contract with Next Models Worldwide. This is in addition to numerous other business ventures, such as his investments in startups like Snapchat alternative Gobi, and Key Butler, marketed towards heavy-use Airbnb landlords.

Number 5. Austin Russell Value: $2.4 billion
Age: 26
Source: Sensors from self-driving cars
nation: the United States
Russell founded self-driving car company Luminar Technologies when he was 17. At the age of 26, he has a $2.4 billion net worth.

3. Alex Andresen $1,2 billion in net worth
Age: 24
Source: Investment/Inheritance firm
Nation: Norway
In 2007, Alexandra and Katharina’s father, Johan Andresen, transferred his shares of Ferd Holdings, Norway’s biggest company, to his daughters. The tobacco industry was a huge source of wealth for the Andresen family. The largest cigarette firm in Norway was started by the great, great, great grandpa of Alexandra and Katharina. In 2005, that company was sold for $500 million, with the proceeds going into real estate and hedge funds. It goes without saying that those investments fared quite well.

Wang Zelong, #2 $1,5 billion in net worth
Age: 24
Source: Production of heirlooms and pigments
Chinese mainland
Wang inherited a $1.3 billion stake in CNNC Hua Yuan Titanium Dioxide Co, which produces titanium dioxide pigment, a white pigment used in plastics, coatings, ink, and other materials. The business is listed on Shenzhen’s stock exchange.

Kevin David Lehmann, first $3.3 billion in net worth
Age: 18
Source: German drugstores and inheritance
nation: Germany
Lehmann is officially the youngest billionaire in the world, a title once held by Alexandra Andresen and Kylie Jenner. On his 18th birthday, he became the legal owner of his father’s 50% interest in the family’s chain of drug stores.

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