There are about 3,279 Billionaires in the world, 167 of them or 5% increase from the year 2023. China even after losing 155 billionaires from the previous year still tops the list with  814 billionaires. Next is the U.S. with 800 billionaires and then comes India with 271 billionaires.

You will be excited to find out people as young as 18 years of age have become billionaires. There are so many billionaires who gained their wealth before turning 30. We have created this article to list the youngest billionaires as per Forbes List.

Top 10 Youngest Billionaires Dominating 2024’s Forbes List of Youngest Billionaires

Below table gives us the list of the 10 Youngest Billionaires in 2024, their current wealth and their age.

1. Clemente Del Vecchio

Clemente Del Vecchio, a citizen of Italy, is the son of Leonardo Del Vecchio, the late chairman of EssilorLuxottica, the world’s largest eyeglasses firm. Clemente acquired 12.5% ownership in the Luxembourg based holding company Delfin, making him a billionaire at the young age of 18 placing him on the top of our list of youngest billionaires. His current net worth is $ 4 billion.

2. Kim Jung-youn

Kim Jung-youn became a billionaire at the young of 19 rightly placing her second in our list of youngest billionaires. She inherited a 30.78% stake in NXC, her father’s personal holding company after his passing in 2022. She is based in South Korea currently with a net worth of $ 1.7 billion.

3. Kevin David Lehmann

Kevin David Lehmann, a citizen of Germany, is next in our list of youngest billionaires. Kevin became billionaire when his father transferred his 50% ownership in Drogerie markt to Kevin David in 2017. Currently he has a net worth of $ 2.5 billion.

4. Kim Jung-min

Kim Jung-min the older sister of Kim Jung-youn who became a billionaire at the age of 21. She, just like her sister, owns a 30.78% stake in NXC, placing fourth in our list of youngest billionaires.

5. Luca Del Vecchio

Luca Del Vecchio is the fifth youngest billionaire in our list. He is the older brother of Clemente Del Vecchio. Just like his brother he inherited a 12.5% stake in the Luxembourg based holding company Delfin. He is an Italian citizen and  currently owns a net worth is $ 4 billion.

6. Alexandra Andresen

Alexandra Andresen inherited a 42% ownership stake in her family-owned investment firm Ferd. Ferd is involved in various financial ventures like managing hedge funds, private equity investment, investing in stock exchange, etc. She is based in Norway.

7. Leonardo Maria Del Vecchio

Seventh in our list is Leonardo Maria Del Vecchio, he just like his younger brothers inherited 12.5% of his father shares. He is the CEO of eyeglasses retailer Salmoiraghi & Viganò, acquired by EssilorLuxottica in 2016. His current net worth is around $3.9 billion.

8. Katharina Andresen

Katharina Andresen is the older sister of Alexandra Andresen and daughter of Johan H. Andresen Jr., owner of Ferd AS. She owns 42% of Ferd. Ferd is involved in various financial ventures like managing hedge funds, private equity investment, investing in stock exchange, etc. She is currently eight on our list of youngest billionaires with a net worth of $ 1.5 billion.

9. Ryan Breslow

Ryan Breslow is the co-founder and chairman of Bolt. He has also co-founded many other companies like Eco and Love. He is based in the US and has a net worth of $1.1 billion. He holds the ninth position in our list of youngest billionaires.

10. Gustav Magnar Witzøe

Finally, the last person to be on our list is Gustav Magnar Witzøe, a citizen of Norway. He owns 50 percent of Salmar ASA, one of the world’s largest salmon producers. An advancing fish farming company in Norway. He received his stake in the year 2013 from his father, Gustav Witzøe, who founded the company in 1991.

FAQ

1.   Who is the youngest billionaire in the world?

Clemente Del Vecchio is the youngest billionaire in the world?

2.   Who are the top three richest billionaires in the world?

The top three richest billionaires in the world are

• Bernard Arnault & family with a current net worth of $226.6 B
• Jeff Bezoswith a current net worth of $198.4 B
• Elon Musk with a current net worth of $195.3 B

3.   Which are the top three largest companies in the world?

The top three largest companies in the world are

• Microsoft  with a market cap of $3.1 trillion
• Apple with a market cap of $2.68 trillion
• Nvidia with a market cap of$2.21 trillion

4.   Who is the richest woman in the world?

Francoise Bettencourt Meyers, the French heiress is the richest woman in the world. Her net worth is estimated to be around $99.5 billion.