There arebillionaires in theworld today that have been alive for less than three decades. From business magnates to MIT dropouts, these young billionaires have amassed their fortunes in ways different from one another but resulted in similar financial statuses.
Elon Musk, Bill Gates and Jeff Bezos are household names when talking about the world's richest people. However, they're not the youngest billionaires that exist today. Here's a look atthe youngest billionaires in the world.
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Who is the youngest billionaire?
Kim Jung-Youn, the teenage daughter of Kim Jung-Ju whofounded theonline gaming company Nexon, is the youngest billionaire in the world as of November 2022. Nexon boastspopular interactiveonline games like MapleStory andKartRider.
In February, Jung-Ju died at the age of 54, leaving his two daughters with stakes in the company worth billions even after tax deductions. The youngest of the two, Kim Jung-Youn is 18 years old, and her share is worth $2.5 billion, according to Forbes.
The title for the youngest billionaire was previously held by Kevin David Lehmann, a leading German drugstore chain owner. Lehmann, 20, owns 50% of Drogerie Markt and makes $12 billion in annual revenue, Forbes reported.
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Who is the youngest self-made billionaire?
Alexandr Wang is the youngest self-made billionaire as of November 2022, according to Forbes. At the age of 25, Wang is estimated to have a net worth of $1 billion.
His San Francisco-based artificial intelligence company, Scale AI was valued at $7.3 billion earlier this year. Dropping out of Massachusetts Institute of Technology, Wang started the company at 19 years old with co-founder Lucy Guo. In 2018, Wang made the “Forbes 30 under 30 Enterprise Technology” list with his company.
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Top 5 youngest billionaires
Here are the top five youngest billionaires as of November 2022, according to Forbes:
- Kim Jung-Youn, 18
- Kevin David Lehmann, 20
- Alexandr Wang, 25
- Pedro Franceschi, 25
- Wang Zelong, 25
