In the world today, there are many young billionaires and many are still in the making. For some, their wealth maybe as a result of extravagant inheritances, family business empires, or their own entrepreneurial successes.
The world’s 10 youngest billionaires include four women and six men, and they come industries such as finance, technology, food production, and medical supplies.
Kylie Jenner tops our list of the youngest billionaire in the world after her breakthrough in 2019, find out the other young billionaires in the world currently.
Youngest Billionaires in the World
Kylie Jenner – Net worth: $1 Billion
The founder and owner of cosmetic company Kylie Cosmetics, Kylie Jenner is the number one on our list. Since 2007, she has starred in the E! Reality television series Keeping Up with the Kardashians.
In 2012 at the age of 14, she teamed up with her sister and created a line of clothing, “Kendall & Kylie. Jenner launched her own cosmetics line called Kylie Lip Kits in 2015, which was later renamed Kylie Cosmetics in 2016.
Alexandra Andresen – Net worth: $1.4 Billion
At 19, Alexandra Andresen became the world’s youngest billionaire in 2016. She and her sister have the same net worth of 1.4billion dollars each after they both received a 42.2% ownership stake in the company.
Katharina Andreson – Net worth: $1.4 Billion
Katharina Anderson has the same net worth with her sister Alexandra Anderson after they both received a 42.2% stake from Ferd, a Norwegian investment company that manages hedge funds, actively invests in the Nordic Stock Exchange and boasts a substantial private equity portfolio.
Gustav Magnas Witzoe – Net worth: $3 Billion
Gustav Witzoe, is the fourth-youngest billionaire on our list. He has a large stake in salmon fish farming company Salmar ASA, owing to Witzoe’s father transferred 47% of the company to him in 2013.
Evan Speigel – Net worth: $2.1 Billion
The alma mater of Stanford is the co-founder and CEO of Snapchat Inc., the camera company that operates vanishing photo app Snapchat. In 2015, Speigel was named the youngest billionaire in the world in 2015, and in 2018, he received French citizenship.
John Collison – Net worth: $2.1 Billion
John Collison is the younger brother of Patrick Collison. They both co-founded Stripe, a company that builds software helping businesses facilitate online credit card payments. The alma mater of Harvard University is a Pilot and also a pianist.
Ludwig Theodor Braun – Net worth: $1 Billion
Ludwig Theodor Braun is into medical technology, owns 10% of the medical device company B. Braun Melsungen, which began in 1839 as a small pharmacy that sold herbal remedies. His father Ludwig Georg Braun took the reins in 1977 when the company had just $24 million in annual sales.
Anna Kasprzak – Net worth: $1 Billion
Anna Kasprzak is a partial owner of Danish shoe manufacturer ECCO, whose products are sold in 90 countries. She is a Danish dressage rider and has represented Denmark at two Summer Olympics (in 2012 and 2016).
Johnathan Kwok – Net worth: $2.2 Billion
The number 9th on our list of the youngest richest billionaires in the world is the Son of the late Walter Kwok, former chairman of Sun Hung Kai Properties, Hong Kong’s largest real estate developer, Jonathan Kwok. Jonathan along with his father’s brother inherited Walter’s direct stake in SHKP.
Patrick Collison – Net worth: $2.1 Billion
Patrick Collison is the co-founder and CEO of Stripe which he started in 2010 with his brother. The MIT alumnus won the 41st Young Scientist and Technology Exhibition in 2005 at the age of sixteen, BT Young Scientist of the Year in 2006.