The 10 Youngest Billionaires in the World

At just 22 years of age, Kylie Jenner is one of the youngest billionaires in the world. She’s worth an estimated $1 billion. Despite being younger than most of us, she was not born rich, she’s self-made. Jenner is the world’s youngest self-made billionaire followed by John Collison (28).

In the 2019 rankings of the world’s wealthiest individuals by Forbes magazine, out of 2,153 billionaires in the world, 71 are aged 40 and below. 42 of these 71 are self-made billionaires with the rest inheriting their fortunes.

Below is a complete list of the 10 youngest billionaires in the world along with their sources of wealth.

10. Patrick Collison

Age: 30

Wealth: $2.1 B

Source of Wealth: Stripe, Self-Made

Country: Ireland

Residence: San Francisco, California

World’s Richest: #1116

world-youngest-billionaires-patrick-collison

Patrick Collison is an Irish technology entrepreneur. He’s the co-founder and CEO of Stripe, a payment software he founded together with his brother John Collison in 2010.

Stripe allows businesses and individuals to make and accept payments over the internet. In 2016, Patrick and his brother John became the youngest self-made billionaires, being worth over $1.1 billion after an investment in Stripe.

Patrick dropped out of the Massachusetts Institute of Technology.

9. Jonathan Kwok

Age: 30

Wealth: $2.5 B

Source of Wealth: Real Estate, Inherited

Country: China

Residence: Hong Kong, China

World’s Richest: #916

Jonathan Kwok is a Chinese heir to the fortune of his late father, Walter Kwok. Walter is a former chairman of Sun Hung Kai Properties (SHKP), the largest property developer in Hong Kong.

Jonathan and his brother Geoffrey inherited their father’s stake in SHKP after he died in October 2018. The brothers also inherited Empire Group Holdings, a property developer started by their father.

Also Read: The 20 youngest billionaires in America right now

8. Anna Kasprzak

Age: 29

Wealth: $1 B

Source of Wealth: shoes, Inherited

Country: Denmark

Residence: Haderslev, Denmark

World’s Richest: #2057

anna-kasprzak

Anna is a Danish billionaire, dressage rider and daughter to Hanni Toosbuy Kasprzak. Hanni Toosbuy is the owner and chairperson of ECCO.

ECCO is a family-owned Danish shoe manufacturer and retailer founded in 1963 by Anna’s grandfather, Karl Toosbuy. The company produces footwear, leather products, and accessories that are sold in over 90 countries. It employs 21, 300 people all over the world.

Anna Kasprzak, 29, is one of the youngest billionaires in the world with an estimated fortune of $1 billion.

7. Ludwig Theodor Braun

Age: 29

Wealth: $1 B

Source of Wealth: Medical device company, Inherited

Country: Germany

Residence: Melsungen, Germany

World’s Richest: #2057

He is a German billionaire and shareholder of B. Braun Melsungen, a German pharmaceutical and medical device company based in Melsungen, Germany. Ludwig Theodor has a 10% stake in the firm.

The company has offices and facilities in over 50 countries and is still owned by the Braun family. It has over 60,000 employees worldwide and makes products such as surgical instruments, injection and infusion solutions.

6. Evan Spiegel

Age: 29

Wealth: $2.3 B

Source of Wealth: Snap, Self-Made

Country: United States

Residence: Los Angeles, California, U.S

World’s Richest: #1116

evan-spiegel

Evan Spiegel is an American billionaire businessman, the co-founder, and CEO of Snap Inc (formerly Snapchat). Evan created Snapchat together with Reggie Brown and Bobby Murphy while they were students at Stanford University.

Snap is an American international social media and technology company with millions of users worldwide. It was founded in 2011 and is based in Santa Monica, California. Snap Inc. includes Snapchat, Spectacles, Bitmoji and Zenly.

Evan Spiegel has an estimated net worth of $2.3 billion and was the world’s youngest billionaire in 2015.

Also Read: The Richest People in the World

5. John Collison

Age: 28

Wealth: $2.1 B

Source of Wealth: Stripe, Self-Made

Country: Ireland

Residence: San Francisco, California, U.S

World’s Richest: #1116

world-youngest-billionaires-john-collison

With a fortune of $2.1 B and at the age of 28, John Collison is one of the youngest billionaires in the world.

Collison is an Irish billionaire and technology entrepreneur. He is the co-founder and president of Stripe Inc., a company he founded together with his brother Patrick Collison in September 2011.

Stripe allows businesses and individuals to make and accept payments over the internet. It provides the technical, fraud prevention and banking infrastructure needed to operate online payment systems. It is based in San Francisco, California and employs more than 1500 people.

Stripe is valued at over $20 billion.

4. Gustav Magnar Witzoe

Age: 26

Wealth: $3 B

Source of Wealth: Fish farming, Inherited

Country: Norway

Residence: Kverva, Norway

World’s Richest: #745

gustav-magnar-witzoe

Gustav is a Norwegian native and the world’s 4th youngest billionaire. He is the main shareholder of Sal Mar ASA, a salmon fish farming company founded by his father. It is one of the largest salmon fish producers in the world.

Magnar owns 47% of the company which was transferred to him by his father in 2013. He is the director of strategic projects at the firm.

Sal Mar is based in Froya, Norway and sells salmon in Norway, Russia, Asia, and the United States. It also has a  50% stake in Scottish Sea Firms, the 2nd largest salmon farmer in the UK.

Also Read: The Richest Rappers in the World

3. Katharina Andresen

Age: 24

Wealth: $1.4 B

Source of Wealth: Investments, Inherited

Country: Norway

Residence: Oslo, Norway

World’s Richest: #1605

katharina-andresen

Born on 21 May 1995, Katharina Andresen is a Norwegian heiress and the sister to Alexandra Andresen. She’s one of the youngest billionaires in the world.

Katharina is worth $1.4 billion, a fortune largely contributed to inheritance from her father. She holds a 42% stake in Ferd AS, a Norwegian holding company owned by her father.

2. Alexandra Andresen

Age: 23

Wealth: $1.4 B

Source of Wealth: Investments, Inherited

Country: Norway

Residence: Oslo, Norway

World’s Richest: #1605

alexandra-andresen

In 2016 Alexandra Andresen was named the youngest billionaire in the world by Forbes, a position she held until 2019 when Kylie Jenner became the youngest billionaire. Consequently, Alexandra is the second world’s youngest billionaire.

She is the daughter of Johan H. Anderson, Jr., the owner of Ferd AS. Both Alexandra and her sister Katharina received a 42% stake each in Ferd AS from their father.

Ferd AS is a Norwegian holding firm that has partial ownership in companies within real estate, finance, and industry.

She is the girlfriend of Joachin Tollefsen.

1. Kylie Jenner

Age: 22

Wealth: $1 B

Source of Wealth: Cosmetics, Self-Made

Country: United States

Residence: Hidden Hills, California

World’s Richest: #2057

kylie-jenner

At just 22 years of age and being worth $1 billion, Kylie Jenner is the world’s youngest billionaire. She’s an American model, media icon, socialite and businesswoman. She is the founder, CEO, and owner of Kylie Cosmetics, a cosmetic company.

Her company which was formerly known as Kylie Lip Kits and has more than 12 employees. As of March 2019, Kylie Cosmetics is valued at $900 million according to Forbes.

Kylie Jenner is a member of the Kardashian family and is the girlfriend of Travis Scott.


That’s the End. Feel free to leave a comment below.

Related Posts

Add Comment