Spiegel, who became a billionaire at age 25, is Snap’s CEO; Murphy is its chief technology officer. Though Bobby Murphy serves as chief technology officer at Snap, he built wealth as a cofounder and stakeholder of the social media company he now helps to run. Snap shares have risen dramatically since it first went public in 2017. Witzoe inherited 47% of SalMar ASA – one of the world’s largest producers of farmed salmon – from his father in 2013. (Norway abolished its inheritance tax laws in 2014 – making it unlikely for other Norwegian billionaires to transfer ownership of family-owned corporations to their offspring to avoid hefty taxes).

Its sensors now help self-driving cars of such customers as Volvo, Toyota and Intel’s Mobileye see in 3D. The company listed via a SPAC merger in December 2020, catapulting him into the billionaire ranks overnight. At age 26, he is the world’s youngest self-made billionaire now that Kylie Jenner, 23, has fallen from the ranks. From an 18-year-old drugstore heir to founders of food delivery service DoorDash and electric vehicle parts maker Luminar, here are the ten billionaires still under the age of 30. That includes Ben Francis, who founded activewear maker Gymshark in 2012, when he was 19, and Palmer Luckey, who sold his first startup to Facebook and is back with a successful defense tech business.

The World’s Youngest Billionaires 2021 Include A Teenager From Germany, A Crypto Magnate And A Stanford Dropout

Some want to become singers, actors, doctors, engineers, or business moguls, and with the right education and investment, they can achieve their dreams. He graduated from IIT Delhi in Computer Science and Engineering. He is presently an anchor investor in the venture capital firm 021 Capital, which invests mostly in the internet, agrotech, and biotech sectors. Kevin David Lehmann was the youngest billionaire in the world in 2022, with a net worth of 2.4 billion U.S. dollars. With 25 years, the Norwegian Alexandra Andresen was the second youngest billionaire in the world with a net worth of 1.3 billion U.S. dollars as of April 2022. Chinese-American billionaire Andy Fang is best known as the co-founder and Chief Technology Officer at DoorDash, which he started along with Stanley Tang, Tony Xu and Evan Moore in 2013.

Along with her younger sister Alexandra, Katharina is a sixth-generation owner of Ferd, the more than $4 billion investment company their father, Johan, runs. Katharina is a sustainability officer at an Oslo-based construction firm. The net worth of Patrick Collison is estimated at $3.2 billion by Forbes. Patrick is the chief executive officer of Stripe and is also a co-founder of the same app. He learned laptop programming at a very young age which helped him to build Stripe with his younger brother.

Net worths were calculated using stock prices and currency exchange rates from March 11, 2022. The low profile of the current youngest billionaire in the world — who has no discernible presence on any major social platform — stands in stark contrast to the previous titleholder. In the 2020 edition of Forbes’ billionaire ranking, the title was held by reality TV star and fashion mogul Kylie Jenner.

Patrick dropped out of the Massachusetts Institute of Technology to pursue his entrepreneurial ambitions with his brother. Their company’s first payment was processed while both brothers were vacationing in South America. On 29 September 1916, John Davison Rockefeller was declared the world’s first billionaire.

Sam Bankman-Fried, crypto entrepreneur

In 2019, Said became one of the first people to invest in Currency.com, a cryptocurrency exchange in Belarus. The 34-year-old billionaire is currently a DJ in New York City and is worth $1.7 billion. Duncan and his three older siblings each inherited a stake in pipeline company Enterprise Products Partners after their father Dan Duncan’s death in 2010.

According to the list, there are now 2,755 billionaires in the world, more than there have ever been before. The net worth of John Collison is estimated at around $3.2 billion in 2021 by Forbes. John has completed his studies at Harvard University and is also known as the youngest billionaire in the world. Jonathan was a part of Forbes’s youngest billionaire list in 2020. He is Sun Hung Kai Properties’s son, and his father passed away in 2018. Since then, Jonathan is taking care of the business, and he became the youngest billionaire in the world.

Burda Media’s titles include the German editions ofElleandPlayboy.Furtwaenger and her brother Jacob serve on the board of directors. Elizabeth Furtwaenger, 28, is now worth $1.2 billion after her father Hubert Burda gave her a 37.4% stake in the family’s media empire. From makeup mogul Kylie Jenner to Hong Kong real estate heir Jonathan Kwok, these 10 billionaires are worth $15.9 billion combined. Along with her younger sister, Kim Jung-youn, Jung-min inherited around a third of their family’s assets—including a 15% stake each in game maker Nexon—after their father Kim Jung-ju died in February 2022.

• Forbes’ list pulls together information on the world’s wealthiest people using stock prices and exchange rates as of March 5 and only considers those individuals whose net worths are higher than $1 billion.
• Anna Kasprzak is the younger sister of André Kasprak and a large shareowner of ECCO, a Danish shoe manufacturer.
• After stepping down as GitHub’s CEO in 2018, he became a technical fellow at Microsoft.
• Alexandra Andresan with a net worth of $1.4 billion, inherited 42% of her father’s investment company, Ferd, in 2007.
• Although now coming upon his 30th birthday, he was just 19 years old when he and his brother began developing Stripe.

He and his three siblings inherited their wealth from their father, Dan, who founded gas and oil pipeline company Enterprise Products Partners. Along with being a Danish dressage rider who represented Denmark at two Summer Olympics , Anna Kasprzak owns large number of shares of ECCO, a Danish shoe manufacturer and has a net worth of $1 billion. Katharina Andresen and her sister Alexandra Andresen, each inherited 42% of the family-owned investment company Ferd. After working as an engineer at OPNET Technologies, he co-founded Airbnb with Brian Chesky and Joe Gebbia in 2008. He serves as the company’s chief strategic officer and the chairman of Airbnb China.

Success Strategies for Small Businesses in 2022

FTX caters to sophisticated derivatives traders looking to buy assets like bitcoin options and allows users to trade tokens pegged to traditional stocks. Stripe, the payments company founded by John and his older brother Patrick, raised $250 million from investors at a $35 billion valuation in September 2019. John, born and raised near Limerick, Ireland, now lives in San Francisco, where Stripe is headquartered. The world got a new teenage billionaire when Leonardo Del Vecchio died in June 2022. 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.

Owns nearly half of Salmar ASA, one of the world’s largest salmon producers, which is still run by his father. The Norwegian heir has dabbled in modeling as well as tech and real estate investing. One of two teenage billionaires on this year’s rankings, Kim Jung-youn inherited a stake in her late father’s holding company, which in turn holds approximately half of online gaming giant Nexon. Both Kim sisters keep a low profile and are not known to have an active role in the company. The youngest of this mostly lucky bunch are Clemente Del Vecchio and Kim Jung-youn, neither of whom have hit their 20s yet.

young billionaires in world and his older brother, Geoffrey, 35, each inherited from their late father Walter Kwok (d. 2018) a portion of his stake in Hong Kong property developer Sun Hung Kai Properties. Walter was ousted as chairman of Sun Hung Kai in 2008 as the result of a feud with his brothers Thomas and Raymond Kwok. He then started property developer Empire Group Holdings, which Jonathan and Geoffrey now run. An optics prodigy, Russell dropped out of Stanford in 2012 after receiving a $100,000 Thiel Fellowship to start Luminar Technologies, which makes sensors and other tech for autonomous vehicles. Its sensors now help self-driving cars of such customers as Volvo and Toyota by bouncing laser beams off nearby objects and vehicles’ surroundings. Here are the 10 youngest members of the 2021 World’s Billionaires list, starting with the youngest.

Even less is known about Kim, whose fortune lies in Japanese-South Korean online gaming giant Nexon. Forbes has ages for about 97% of the 2022 list members; this post is based on the ages that we’ve been able to confirm. Alongside Brian Chesky and Joe Gebbia, Nathan Blecharczyk is a cofounder of the wildly successful app-based hospitality company Airbnb. He currently serves as chief strategy officer, and helped lead the company through a massive business downturn caused by the global pandemic. Although now coming upon his 30th birthday, he was just 19 years old when he and his brother began developing Stripe.

NET WORTH: $2.3 BILLION

He donated $360,000 to Joe Biden’s presidential campaign and its joint fundraising committees in 2020. Meme stocks and cryptomania have helped a few new millennials debut on the list, including the richest person ever under 30 besides Mark Zuckerberg. Kwok, along with his older brother Geoffrey, inherited their late father Walter Kwok’s stake in Sun Hung Kai Properties, Hong Kong’s largest developer, in 2018. Shares of Hong Kong-listed SHKP have declined nearly 18% since the coronavirus outbreak at the start of the year.

As the co-founder and CTO of Snap Inc., Spiegel has 47% voting power and ownership of 18% of the company. Spiegel was born in California and grew up in an upper-middle-class family . While studying product design at Stanford University, he came up with the idea for Snapchat with classmates Bobby Murphy and Reggie Brown.

Jihan is the co-founder and co-CEO of Bitmain Technologies, which is a Chinese company that designs application-specific integrated circuit chips for Bitcoin mining. Coming in at number seventeen on our list, is cryptocurrency entrepreneur, Jihan Wu. The list of billionaires and figures mentioned below have been compiled from various sources around the web, such as Investopedia, The Street & Fox Business. Airbnb went public last December in the biggest IPO of 2020, surging past a $100 billion valuation in its first day of trading. Its $1.34 billion in second-quarter revenue was up nearly 300% year-over-year compared with the beginning of the pandemic.

Age: 26

Net worths were calculated using stock prices and exchange rates from March 5, 2021. Altogether Forbes found just ten billionaires under the age 30—the same number as a year ago, despite the fact that the number of total billionaires increased by a net of 660 to 2,755. These ten young billionaires are worth a collective $29.5 billion, $13 billion more than a year ago. Even after the pandemic year of 2020, the world’s billionaires are also richer than they’ve ever been, though estimates of their collective gains vary. Per Forbes, the collective fortunes of the world’s billionaires increased by $8 trillion to a whopping $13.1 trillion.

Adam’s father, Thomas Kwok, was the joint chairman and managing director of SHKP. After his father was jailed for bribing a government official in 2014, Adam began working as an executive director at the company. The net worth of those whose fortunes are significantly tied to private companies are updated once a day. Over the past decade, a growing number of young people have popped up on Forbes’ billionaire list.

• ThinkAdvisor sorted through Forbes’ Real-Time Billionaires ranking to find the youngest ones.
• He’s currently worth $2.1 billion and lives in Venice, California.
• As you might have guessed, Zuckerberg’s billions are tied to his partial ownership of Facebook — he owns around 13% of the social media conglomerate at this point.
• Lukas Walton is the son of John T. Walton, whose father is the owner and founder of the famous supermarket Walmart.
• Their stakes were each valued at over $2 billion when the company went public in 2020, and while the stock has dropped off since then, the two are still worth an estimated $1.2 and $1.1 billion, respectively.

According to the Forbes list of youngest rich people, she has secured 3rd place on the list. She is the elder sibling of Alexandra Andersen and also a Norwegian heiress. Her father runs the business, Katharina and Alexandra are both entitled to its wealth.

The company produces titanium dioxide pigment, a white pigment that can be used in coatings, plastics, ink and other materials. 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. Dm-drogerie markt, the source of Lehmann’s wealth, is the leading drugstore chain in Germany.