With a net worth of USD 1.1 billion, his global ranking is 2396. In addition to age and nationality, the list showcases diversity in terms of industries these billionaires are involved in, spanning various sectors. At just 25, Spiegel co-founded Snapchat and quickly ascended to billionaire status. He now serves as CEO of Snap Inc., a publicly traded company valued at billions.
As the founder of Thrive Capital, he has backed successful tech startups like Instagram, Spotify, and Slack. Hailing from a prominent real estate family, Josh’s fortune is not just tied to his venture capital endeavors but is also bolstered by his family’s real estate empire. Kevin David Lehmann, who is 21 as of 2024, has a wealth of $3.3 billion.
Forbes recently released its list of 2025 World's Youngest Billionaires, featuring 21 of the richest people in the world under 30. They founded the company in 2013, while still at Stanford, and took it public in 2020. Remi inherited his fortune from his family's Dassault Group in France, which is a pioneer in the aviation and software industries. The family is well-known in France for their contributions to aircraft and engineering.
In 2023, Jordan sold his majority stake in the Charlotte Hornets in a deal that valued the NBA franchise at $3 billion. Today, he is one of just four Black Americans on The Forbes 400 ranking of the country’s richest people. Along with her younger sister Alexandra, Katharina is a sixth-generation owner of Ferd, the more than $4 billion (equity) investment company their father, Johan, runs.
His involvement in the defense industry has contributed significantly to his wealth. Spiegel has been a generous philanthropist, donating $65 million in Snap stock and promising to donate another 13 million shares with Bobby Murhpy to the Snap foundation. Brain who is 41, with a net worth of $8 billion, co-founded Coinbase. The crypto exchange’s valuation soared past $100 billion at its IPO, and although it has fluctuated since, it has boosted Armstrong’s wealth. As a co-founder of Facebook and the current head of Meta, Zuckerberg has seen his fortune surge by $75 billion in the past year alone, top 10 youngest billionaires in the world thanks to Meta’s impressive market performance. While the average age of individuals on this list stands at 70, with nearly two dozen aged in their 90s, a noteworthy group of younger entrepreneurs have amassed fortunes exceeding $3.3 billion each.
However, some self-made young billionaires have also had to navigate the complexities of entrepreneurship and innovation. Their journeys are characterised by determination, resilience, and the ability to seize opportunities. Craven and Bijan Tehrani cofounded the online casino Stake.com, which managed to generate $4.7 billion last year even though crypto gambling is generally unavailable in the UK, U.S. and parts of Europe. Stake’s popularity has blown up since the pandemic thanks in part to livestreamers filming themselves gambling on it. Now the company says it’s involved in some 2% to 4% of all Bitcoin transactions.
Dora also owns a sizable portion of WEG, the largest electrical motor manufacturer in Latin America. Fourth out of the ten youngest millionaires worldwide is Jung-min, Jung-youn’s sister. The sisters possess roughly 31 percent of NXC, the biggest shareholder in the well-known online gaming corporation Nexon taken together. Kevin David Lehmann controls half of Drogerie Markt, a business generating over $14 billion annually. Beginning in 1973 when Goetz Werner built the first store in Karlsruhe, Germany, Drogerie Markt, better known as dm, got underway. Kevin David Lehmann’s father, Guenther, manager of the family’s Pfannkuch food chain, made major investments in 1974.
His Czechoslovak Group is one of the biggest suppliers of ammunition, ground equipment and artillery equipment to the Ukrainian army, which has helped double sales to $620 million in the first half of 2022. He took full control of the business, founded by his father, in 2018. Young African billionaires who made their fortunes in modern sectors are more incentivized to reinvest in said sectors. While having old billionaires is not a phenomenon unique to Africa, the emergence of tech has ensured that younger people, some even below the age of 30, can become members of the coveted billionaire club. Globally, Elon Musk holds the title of the richest person, with a net worth of USD 243.4 billion.
Murphy has put about $30 million into real estate since Snap Chat’s success, and he still owns about 18 percent of Snap Chat Inc. He has a net worth of $2.1 billion and now resides in Venice, California. Kylie Cosmetics, as it is usually known, was valued at $900 million in 2019. Kylie made millions through her makeup line and brand endorsements, among other things; she rose to prominence after appearing in her family drama series, Keeping Up with the Kardashians.
Additionally, older billionaires in Africa have often depended on hierarchical, conventional business methods. For context, 10 of Africa’s billionaires are above the age of 72, with Nathan Kirsh, the oldest, being over 90 years old. Despite being a continent of young people, Africa’s wealthiest individuals are usually of advanced age. Eventually, he went to the Massachusetts Institute of Technology but dropped out a year later at 19 to start his own company, Scale AI, with Lucy Guo after an investment from YCombinator.
Clemente, the youngest Del Vecchio heir, is not known to have a role at Luxottica, which owns Sunglass Hut, Ray-Ban and Oakley, among others. They still have plenty of time to make a return—something that will be much more difficult for FTX cofounder Gary Wang, 29, who pleaded guilty to fraud charges in December. Nikhil Kamath tops the list of the youngest billionaires in India.
The majority of his fortune comes from a 60% ownership stake in life insurance company Equitrust, which has grown from $16 billion in assets under management to $27 billion since he took over in 2015. Johnson also owns small equity stakes in four sports teams, including the NFL’s Washington Commanders and the reigning World Series champion Los Angeles Dodgers. A native of Nigeria and now a U.S. citizen, Ogunlesi is the founding partner, chairman and CEO of New York-based private equity firm Global Infrastructure Partners (GIP). In October, GIP was acquired by BlackRock for $12.5 billion in cash and shares. Often considered the greatest basketball player of all time, Jordan won six NBA titles with the Chicago Bulls. His salary during his career totaled $90 million, but he has earned more than $2.4 billion (pretax) from such corporate partners as Nike, Hanes and Gatorade.
SalMar exports to over 50 countries and is Norway's fifth-richest person and largest taxpayer. He is the chief strategy officer of EssilorLuxottica, the world's largest eyeglass company, and the owner of Ray-Ban. He and his family inherited a 12.5% stake in Delfin, a Luxembourg-based holding company, which owns nearly a third of EssilorLuxottica.
He transformed the business into the $3.2 billion (2023 revenue) defense producer Czechoslovak Group, which Strnad has since taken over as owner and CEO. Aging billionaires like Charles Koch, 88, and Phil Knight, 86, are currently preparing to pass their inheritances on to their children. For the first time since 2009, every billionaire under 30 inherited his or her fortune—the result of some self-made entrepreneurs aging into their 30s, and a sign that the “great wealth transfer” has begun. Lee-Chin made his money investing in financial institutions including the National Commercial Bank Jamaica and AIC Limited. He sold AIC to Canadian financial services group Manulife in 2009 for an undisclosed price, but still owns 60% of National Commercial Bank Jamaica, which accounts for nearly half his fortune.
The world’s youngest billionaire is 19-year-old Livia Voigt, who is still in university. The Brazilian teenager is worth around US$1.1 billion as a result of her minority stake in the electrical equipment company WEG, co-founded by her late grandfather. Kim Jung-youn and her older sister, Jung-min, hold approximately 18 percent of NXC, the largest online gaming company Nexon shareholder. A substantial portion of their stakes has been passed down through their late father, Kim Jung-ju. Kim Jung-ju founded Nexon in 1994 and passed away at 54 in February 2022. Neither Jung-youn nor her sister has been actively engaged in Nexon's day-to-day operations, and they maintain a low public profile.
