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The Youngest Billionaires In The World

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The Youngest Billionaires In The World

While there are two thousand billionaires in the world, only forty-seven are under the age of forty. Read on to find out who the ten youngest billionaires are.

According to Forbes magazine, there are 2,095 billionaires in the world. More than half are between 50 and 70 years old, but there are a handful that managed to wear their billions at a very young age. In fact, there are 47 billionaires in the world who are under the age of 40. Here are the youngest billionaires in the world, from the largest to the smallest: 10 of them:

10. Lukas Walton

#10 Lukas Walton

Walton inherited billions from John Walton, the son of Walmart’s founder Sam Walton. In 2015, John Walton was killed in a plane crash, after which his son Lukas reportedly inherited a third of his wealth. Lukas Walton is only 34 years old and his net worth is $ 18.8 billion.

9. Bobby Murphy

#9 Bobby Murphy

Murphy is the co-founder of a social media company Snap Inc., producer of the popular smartphone app Snapchat. On his way to Stanford University, he created the application with his brotherhood, Evan Spiegel. The native of California now serves as the company’s chief technology officer and has a net worth of $ 3.7 billion. He is only 32 years old.

8. Patrick Collison

#8 Patrick Collison

Collison is co-founder of Stripe, which manages online payments. Currently, the company’s CEO and net worth of $ 3.2 billion. Like Bobby Murphy and Evan Spiegal, Patrick Collison co-created Stripe while studying at university; MIT, to be precise. 32 years old.

7. Evan Spiegal

#7 Evan Spiegal

Spiegel is another co-founder of Snap Inc. Currently the CEO of the company. He is one of three self-made billionaires in the world at the age of 29, under the age of 30. Even before becoming a billionaire, Spiegel was no stranger to a rich lifestyle. She grew up in a $ 2 million house in Pacific Palisades, a wealthy neighborhood in Los Angeles. It seems that she will live better than her parents, as she has a net worth of $ 3.7 billion.

6. John Collison

#6 John Collison

John Collison is another founding partner of Stripe. He is also the brother of Patrick Collison. Although she is now on her 30th birthday, she was only 19 when her brother and brother started developing Stripe. At the age of 27, he was the youngest self-made billionaire in the world. Its net worth today is $ 3.2 billion.

5. Jonathan Kwok

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Jonathan Kwok inherited his fortune from his father, Walter, president of Sun Hung Kai Properties (SHKP), Hong Kong’s largest real estate developer. Jonathan and his brother Geoffrey also took over Empire Group Holdings, which he started before his father passed away in 2018. The net worth of Jonathan Kwok is $ 2.1 billion. He is only 28 years old.

4. Gustav Magnar Witzoe

#4 Gustav Magnar Witzoe

Witzoe earns his money with fish. More precisely, it is the owner of the company that has led to almost half of SalMar ASA, one of the world’s largest salmon producers, and the industrialization of salmon farming in Norway. He inherited his share from his father, Gustav Witzoe Sr., who was still in charge of carrying out the company’s daily operations. However, it intends to make its own heritage, invest in real estate and technology initiatives. He is now 27 years old and has a net worth of $ 2.3 billion.

3. Katharina Andresen

#3 Katharina Andresen

Katharina and her sister Alexandra are the daughters of Johan H. Andresen Jr., owner of Ferdina, a Norwegian investment company that manages hedge funds, actively invests in the Nordic Exchange and has a significant private equity portfolio. Katharina loves to use her Instagram page to display designer clothes that include expensive brands like Christian Louboutin and Rolex. Its net worth is $ 1.2 billion, and it’s only 25 years old.

2. Alexandra Andresen

#2 Alexandra Andresen

Alexandra is the sister of Katharina. Their father gave them most of their shares in Ferd in 2007. In addition to its investment portfolio, Alexandra is a competitive horse rider supported by equestrian brands, Kingsland and Samshield. He is only a year younger than Katharina and shares the same net worth of $ 1.2 billion.

1. Kylie Jenner

#1 Kylie Jenner

Jenner is now the youngest billionaire in the world. Recently, she is making her name as an entrepreneur, but before that, she became famous for her appearance in E! reality TV show, keeping up with the Kardashians. She and her sister Kendall were only 14 when she started her own clothing line Kendall & Kylie. In 2015, Kylie Jenner founded a cosmetic company Kylie Lip Kits, which she later re-branded under the name Kylie Cosmetics. Its net worth is $ 1 billion and it’s only 23 years old.

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