The World’s 10 Youngest Billionaires Amass a Collective Net Worth of $64.5 Billion

By The Inspirer.

According to Forbes, the 10 youngest billionaires globally have accumulated a staggering combined net worth of $64.5 billion as of the latest report.

The youngest among them, 19-year-old Clemente Del Vecchio, leads the pack with a net worth of $4.1 billion. Inheriting a 12.5% stake in a holding company from his late father, Leonardo Del Vecchio, former chairman of Essilor Luxottica, the world’s largest eyeglasses firm renowned for brands like Ray-Ban, Clemente claimed the title of the youngest billionaire at the age of 18 in 2022. His siblings, Luca (22) and Leonardo Maria (28), share the same net worth and stake in Delfin, with the latter serving as Luxottica’s chief strategy officer.

The second-youngest billionaire on the list is Kevin David Lehmann, 21, boasting a net worth of $2.5 billion. In 2017, Lehmann inherited 50% of dm-drogerie markt, a prominent German drugstore chain with 3,700 outlets, from his father.

At 27, Alexandra Andresen, with a net worth of $1.5 billion, and her sister Katharina inherited 42% of Ferd, a family-owned investment company. Their father, Johan, maintains control of the company with a 70% voting share.

Ryan Breslow, a 29-year-old U.S. citizen, left Stanford in 2014 to establish Bolt, a payment startup now valued at $5 billion. Advocating for a four-day work week, Breslow has seen his net worth rise to $1.1 billion.

Gustav Magnar Witzoe, 28, possessing nearly half of Salmar ASA, a leading salmon producer, received gifted shares from his father, the company’s founder. With a net worth of $3.7 billion, Witzoe diversifies his investments into real estate and tech startups.

Mark Mateschitz, the wealthiest on the list, inherited a 49% stake in Red Bull from his late father, Dietrich Mateschitz. Stepping down from his operational role, he focuses on shareholder responsibilities, amassing a colossal net worth of $39.3 billion.

Following his father Walter Kwok’s demise in 2018, Jonathan Kwok, based in Hong Kong, assumed control of Empire Group Holdings with his brother Geoffrey. Inheriting Walter’s stake in Sun Hung Kai Properties, they are beneficiaries of family trusts, accumulating assets worth $2.2 billion.

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