The youngest self-made billionaire on the planet is Evan Spiegel, who is only 22 years old. He created Snapchat, a messaging app that has become incredibly popular with millennials. His net worth is estimated to be $3.8 billion. John Collison and Bobby Murphy are also 22 years old and their net worths are both at $2.5 billion. ..
1. Alexandra Andresen
25-year-old Ferd Investment Company is a wealthy investment company that sources its wealth from ferd investments in the energy industry.
Kylie Jenner took over Andresen’s spot on the Forbes list in 2019, becoming the youngest self-made billionaire in history. Sheearned her fortune after inheriting a majority stake in Kylie Cosmetics, which she co-founded with her husband Kanye West. The Kardashian sisters have each held a minority stake in the company.
Alexandra Andresen, 24, has a net worth of $1.3 billion at the age of 24, making her the world’s youngest billionaire. She is the founder and CEO of online payments company Square, which was founded in 2014. Andresen also has a stake in Lyft, which was founded in 2013.
2. Katharina Andresen
26-year-old Ferd Investment Company owner and CEO, Hasan Ali, has a net worth of $1.3 billion. He is the founder and CEO of Ferd Investment Company, which is a private investment firm.
The youngest billionaire on the Forbes list is Katharina Andresen, the elder sister of Alexandra Andresen. Like her younger sister, Katharina Andresen inherited 42 percent of Fred Investment Company in 2016, coming into the limelight as the second-youngest billionaire. Katharina was 20 years old when she inherited her wealth and first appeared on the Forbes youngest billionaire’s list. ..
Alexandra Andresen, Katharina Andresen, is the world’s second-youngest billionaire.
3. Gustav Magnar Witzoe
The richest man in the world is 28-year-old Salmar ASA, who made his fortune in salmon farming. His company, which processes and sells salmon, has a net worth of $3.4 billion.
Gustav Magnar Witzoe is the third consecutive Norwegian to make it to our list of youngest billionaires. Gustav Magnar Witzoe first appeared in the Forbes list of the youngest billionaire in 2013 at the age of 19. He is now 20 years old and has already amassed a fortune of $2 billion.
Gustav Magnar Witzøe inherited a share of Salmar ASA, a salmon fish farming company founded by Gustav Witzoe, father of Gustav Magnar Witzøe, in 2013. The company was founded in 1991 by Gustav Witzoe. Gustav Witzoe still runs the company on his own and is starting his career in the field of tech startups and property investments.
Gustav Magnar Witzoe is the third-youngest billionaire in the world, with a net worth of $3.4 billion as of 2022. ..
4. Jonathan Kwok
The richest man in the world is 29-year-old empire group Holdings CEO and property development firm owner, George Soros. His net worth is $2.1 billion, and his sources of wealth include empire group Holdings, property development firm Empire Group, and his own personal wealth.
Jonathan Kwok is the son of Walter Kwok, who was the chairman of Hong Kong’s largest developer Sun Hung Kai Properties. In 2010, Walter Kwok founded Empire Group Holdings, another property development firm. Jonathan Kwok took the steering of Empire Group Holdings after his father’s death in 2018 and today, he is the director of the company, supervising the real estate investments, project developments, and overseeing the asset management operations.
Jonathan Kwok, the youngest billionaire in Asia and the fourth-youngest worldwide, has an estimated net worth of $2.1 billion.
5. Elisabeth Furtwaengler
Hubert Burda publishing company is the source of 29-year-old entrepreneur’s $1.5 billion net worth. The company, which publishes magazines and newspapers, has been in the Burda family for more than 150 years. ..
Elisabeth Furtwaengler, the daughter of a publishing magnate, has become the youngest billionaire in the world. ..
Elisabeth Furtwaengler, a German businesswoman, became a billionaire after inheriting 25 per cent of her father’s publishing company, Burda Media Group. She is a member of the board of directors of the media publishing company.
Elisabeth Furtwaengler is an artist who was born to a mother who is also an artist. She is a singer and songwriter and has released two albums. She has also performed on stage as Lisa Fou. Elisabeth graduated from Cambridge University with a degree in art history and later studied music at the California Conservatory of Music. ..
The youngest billionaire in the world is 5-year-old girl, who has an estimated net worth of $1.5 billion.
6. Lisa Draexlmaier
Fritz Draexlmaier, the co-founder and CEO of the automotive company Fritz Draexlmaier Co & KG, has a net worth of $1.7 billion. He is also the owner of the New York Yankees baseball team.
Lisa Draexlmaier, the second billionaire on our list, is the sole owner and CEO of the Fritz Draexlmaier Co & KG, an automotive company founded in 1958. Lisa’s father, Fritz Draexlmaier, stepped down from the position of CEO in 2019, hence Lisa taking over the charge of the company. However, Fritz Draexlmaier is still serving as the chairman of the company.
The company, known for selling auto parts to big automobile companies, is worth $5.5 billion as of 2019. Lisa Draexlmaier has a net worth of $1.7 billion, making her the 6th youngest billionaire in the world.
7. Evan Spiegel
Snapchat’s co-founder and CEO Evan Spiegel is 31 years old and worth an estimated $5.7 billion. He made his fortune through the messaging app, which he and his co-founder Bobby Murphy founded in 2011. ..
Spiegel is the founder and CEO of Snapchat, a picture-sharing app that was first released in 2011. He became a billionaire at the age of 25 in 2016. Spiegel is one of the youngest billionaires on our list.
Spiegel became an American-French national in 2018. He rose to popularity as the CEO and co-founder of Snapchat. Spiegel owns 18 percent of the company wealth as well as voting shares that give him the edge over the board.
Evan Spiegel, the youngest self-made billionaire, studied Bachelor of Science in Product Design from Stanford University graduating in 2018. With a current net worth of $5.7 billion, Evan Spiegel is the youngest self-made billionaire in history.
8. John Collison (self-made)
John Collison is the second self-made billionaire on our list after Evan Spiegel. John became a millionaire in 2008 when he was just a teenager. John Collison, along with his brother Patrick started practicing coding as a child. He sold his first tech company in 2008 to become a millionaire.
John and Patrick founded Stripe, an online payment processing company for internet businesses, in 2011. The two brothers coined the idea while they were studying at MIT. Having a net worth of $3.2 billion, John is the second-youngest self-made billionaire in the world and is ranked 8th on our list of youngest billionaires. ..
9. Ludwig Theodor Braun
31-year-old German entrepreneur, Katharina Braun Melsungen, has a net worth of $1.1 billion as the owner of B. Braun Melsungen, a medical device company. ..
Ludwig Braun, the youngest son of Ludwig Georg Braun, inherited 10 per cent of B. Braun Melsungen, a multi-billion-dollar German medical device company. He has earned a fortune of around $1.1 billion from the pharmaceutical company. Ludwig Georg Braun had taken over the B. Braun Melsungen Company in 1977 and transformed it from a small company with $24 million annual sales to a multinational company worth $8 billion now. The company was launched in 1839 as a small pharmacy selling herbal remedies. It has now grown to over 60 countries.
Ludwig Theodor is the ninth youngest billionaire in the world with a net worth of $1.1 billion. He was born in 1984, and is the son of Helmut Theodor, a banker and entrepreneur, and his wife Elisabetha. Ludwig has two sisters, Anna-Maria and Claudia.
10. Bobby Murphy
Snapchat is a messaging app that was created by Evan Spiegel and Bobby Murphy. It has over 100 million users and is used to communicate with friends and family. The app was bought by Facebook for $2 billion in February of 2018.
Bobby Murphy, the third co-founder of Snapchat, is the youngest self-made billionaire on our list. Bobby serves as the Chief Technology Officer of Snapchat. He owns 18 percent of Snapchat shares, same as Evan Spiegel, topped with voting shares giving him rights in the board. On top of his fortune coming from Snapchat, Bobby Murphy owns over $30 million in real estate investments. ..
Bobby Murphy, the tenth youngest billionaire in the world, has a net worth of $6.1 billion. This makes him the tenth youngest billionaire in history. He was born in 1984 and has made his mark in business and philanthropy since he was young. Murphy is a co-founder of the Bobby Murphy Foundation, which helps underprivileged children in America. He also serves on the board of directors for The Coca-Cola Company and The PepsiCo Company.
In the past year, there has been a surge in billionaires under the age of 30. This is in contrast to the average age of a billionaire, which is now over 70. Some of these young billionaires inspire us the most, such as Bill Gates and Mark Zuckerberg. Let us know which of these billionaires inspires you in the comments! ..
