The world of billionaires is often dominated by seasoned business magnates and industry veterans. However, a new generation of young entrepreneurs and innovators is rapidly climbing the ranks, creating immense wealth through technology, finance, and other sectors. Here, we explore the top 10 youngest billionaires of 2024, showcasing their remarkable journeys and achievements.
1. Kevin David Lehmann
- Age: 21
- Net Worth: $2.8 billion
- Industry: Retail
- Country: Germany
Kevin David Lehmann inherited his fortune from his father, Guenther Lehmann, who invested in Germany’s leading drugstore chain, dm (Drogerie Markt). Kevin’s stake in the company has propelled him to the top of the list of the youngest billionaires.
2. Wang Zelong
- Age: 26
- Net Worth: $1.5 billion
- Industry: Chemicals
- Country: China
Wang Zelong’s wealth comes from his substantial holdings in CNNC Hua Yuan Titanium Dioxide Co., a producer of titanium dioxide pigment. His investments in the chemical industry have solidified his status as one of the youngest billionaires in the world.
3. Alexandra Andresen
- Age: 27
- Net Worth: $1.3 billion
- Industry: Investment
- Country: Norway
Alexandra Andresen inherited her fortune from her family’s investment company, Ferd. Although her wealth is inherited, she plays an active role in managing and growing the family business.
4. Katharina Andresen
- Age: 29
- Net Worth: $1.3 billion
- Industry: Investment
- Country: Norway
Katharina Andresen, like her sister Alexandra, inherited her wealth through Ferd, the family’s investment company. Together, they continue to expand and manage their family’s financial legacy.
5. Austin Russell
- Age: 29
- Net Worth: $2.6 billion
- Industry: Autonomous Vehicles
- Country: USA
Austin Russell is the founder of Luminar Technologies, a company specializing in lidar technology for self-driving cars. His innovation in the autonomous vehicle sector has significantly increased his wealth.
6. Stanley Tang
- Age: 30
- Net Worth: $2.0 billion
- Industry: Food Delivery
- Country: USA
Stanley Tang is one of the co-founders of DoorDash, the popular food delivery service. DoorDash’s massive growth and successful IPO have made Tang one of the youngest billionaires.
7. Andy Fang
- Age: 30
- Net Worth: $2.0 billion
- Industry: Food Delivery
- Country: USA
Andy Fang, another co-founder of DoorDash, joins his colleague Stanley Tang on this list. The duo’s success with DoorDash has catapulted them to billionaire status.
8. Pedro de Godoy Bueno
- Age: 32
- Net Worth: $3.0 billion
- Industry: Healthcare
- Country: Brazil
Pedro de Godoy Bueno is the CEO of Diagnósticos da América SA, a major Brazilian medical diagnostics company. His leadership in the healthcare sector has driven significant growth and increased his net worth.
9. Evan Spiegel
- Age: 34
- Net Worth: $5.5 billion
- Industry: Social Media
- Country: USA
Evan Spiegel is the co-founder and CEO of Snapchat, the multimedia messaging app. His innovative contributions to social media and continued growth of Snapchat have sustained his billionaire status.
10. Gustav Magnar Witzoe
- Age: 31
- Net Worth: $4.4 billion
- Industry: Fish Farming
- Country: Norway
Gustav Magnar Witzoe owns nearly half of SalMar ASA, one of the world’s largest salmon producers. His significant stake in the company has made him one of the youngest billionaires in the world.
The youngest billionaires of 2024 represent a diverse range of industries and backgrounds, from retail and chemicals to autonomous vehicles and social media. Their remarkable achievements at such a young age highlight the potential for innovation and entrepreneurship in the modern world. As they continue to drive growth and change in their respective fields, these young billionaires are set to inspire future generations of entrepreneurs and business leaders.
