Do you want to discover who the top 10 youngest billionaires in the world 2022? If so, keep an eye on this list of the world’s top ten youngest billionaires.
“Money is not important, but a lot of money is important,” you may have heard or read. Nobody can stop you from becoming a successful person but you. It is your ideas and commitment that matter, not your age. The following young millionaires are perfect instances of it who are a source of inspiration for the rest of the globe. They have been named the world’s youngest billionaires for the year 2021, according to Forbes.
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This 29-year-old Hong Kong real estate magnate has a net worth of $2.4 billion. Walter Kwok, his father, was also a real estate magnate. Jonathan, along with his other brothers, acquired the fortune from him.
Sun Hung Kai Properties’ chairman was his father. However, he was fired from the corporation due to a conflict with his brothers. Fortunately, Jonathan’s grandmother was a co-founder of the company and named him as a beneficiary.
Jonathan is currently the director of empire Group Holdings, where he is responsible for property purchases, project expansion, and asset management activities.
9. Sam Bankman-Fried
Fried, who is 29 years old, is a well-known figure in the cryptocurrency trading world in the United States. It’s worth noting his meteoric climb in the field. His current net worth is $8.7 billion dollars. Alameda Research and FTX are the names of his trading firms.
Fried follows a mystical philosophy known as Effective Altruism, which states that if you make a lot of money, you should give a lot of it away. For three and a half years, he made $9 million through crypto trading. He is a self-made man who carved his own path to success. The majority of his fortune is in the form of FTX tokens and stock. He was the leading donor to pro-Biden super PAC giving away $ 5 million.
8. Stanley Tang
This Hong Kong-born entrepreneur is the co-founder and Chief Product Officer of Doordash, the most popular food delivery service in the United States. The 28-year-old entrepreneur has a $ 2 billion net worth. He is a resident of San Francisco, California.
His responsibilities at the corporation include robotics, self-driving cars, and the future of last-mile delivery. He worked as a software developer at Facebook before founding this company in 2013. Andy Fang, his business partner, is also on the list of the World’s Youngest Billionaires for 2021.
Tang’s enthusiasm for assisting small business owners through his app is admirable. He raised about $57 million for Doordash through startup funding. At the age of fourteen, he was the best-selling author on Amazon. He has also begun working in the article writing area.
7. Andy Fang
Andy Fang, a 28-year-old Chinese-American entrepreneur, is currently ranked eighth among the world’s youngest billionaires in the year 2021. His innovative startup, Doordash, has given him a net worth of $ 2 billion.
The company acts as a conduit between customers and local and national enterprises. Around 850 cities in the United States and Canada are covered by the network. The largest food delivery service in the United States is Doordash.
He is currently the CTO of Doordash, a company he co-founded in 2013. He is a Stanford University graduate. Andy is in charge of product vision, a technological strategy, and architecture. Doordash’s stock market performance is consistently positive and lucrative. According to the New York Stock Exchange, Andy owns a 4% stake in the company.
6. Gustav Magnar Witzoe
Gustav is a successful model, entrepreneur, and heir to a large fortune. On the World’s Youngest Billionaire Index, he is ranked sixth. His total net worth is $4.4 billion, which he acquired through fish farming.
His father gave him a 47 percent interest in the SalMAR ASA company. The billionaire is Norwegian. In addition, he has a successful career in the pharmaceutical industry. He is currently 28 years old. His company is the world’s largest salmon producer. He has turned fish farming into a viable enterprise in Norway.
Scottish Sea Farms, situated in the United Kingdom, holds a significant investment in SalMAR. He is an astute investor who has placed his bets on Gopi and Keybutler. He is also a frequent traveler, fashionista, and golf enthusiast.
5. Austin Russel
The owner and CEO of an autonomous vehicle sensor and software startup is a 25-year-old Stanford dropout. This Californian is ranked 5th among the world’s top 10 youngest billionaires in 2021. His net worth is $2.4 billion dollars.
He is one of the few people in the self-driving car industry that has achieved this level of success. This young billionaire owns 104.7 million shares of Luminar Technologies. This accounts for almost a third of the company’s shares. According to Wall Street, their Nasdaq trading is on the higher side.
As a child, he was a curious and self-taught student. He has a patented groundwater recycling system at the age of thirteen. With the help of a fellowship from billionaire financier Peter Thiel, he founded Luminar Technologies. The sensors use LIDAR technology, which uses light pulses to produce a 3D map of the car’s route.
4. Katharina Andresen
Katharina is a 25-year-old Norwegian lady with a net worth of $1.4 billion. Her father had left her a sizable fortune. Ferd, a multibillion-dollar investment firm, is her source of fortune.
In Forbes’ 35th annual billionaires list, her one-year younger sibling is ranked third. She and her younger sister own 42 percent of the stock in the company. Jonas, their father, is in charge of the company and operates it alone. He has a dual-class share basis, allowing him to receive 70% of the vote.
Ferd works with hedge funds, stocks, and the Nordic stock exchange.
3. Alexandra Anderson
In 2021, a 24-year-old Norwegian lass is ranked third among the world’s youngest millionaires. Her net worth is $ 1.4 billion dollars. Ferd, an investment firm she inherited, is the source of her wealth. The annual revenue is estimated to be around $ 2 billion.
She was named the world’s first female billionaire earlier this year. Her sister was given a 42 percent interest in the investing firm as well. Ferd is situated in Oslo and specializes in private equity holdings, real estate, and Nordic stock exchange transactions. However, their father, Johan, is in charge of the company, and he has 70 percent of the votes.
2. Wang Zelong
This 24-year-old Chinese entrepreneur has been named the world’s second-youngest billionaire. His net worth is estimated to be around $1.5 billion, according to Forbes. He is a titan in the titanium dioxide pigment industry.
Wang Zelong is a shareholder in Lomom Billions Group and received a fortune from CNCC Hua Yuan Titanium Dioxide Co. Coatings, plastics, medicines, ceramics, hygiene goods ink, and other applications benefit from this pigment. The Shenzhen Stock Exchange is where the company is listed. He is also Asia’s youngest billionaire.
1. Kevin David Lehman
At the age of 18, Germany’s Lehman is the youngest billionaire in the year 2021. According to Forbes’ 35th annual billionaires list, his net worth is $3.3 billion. Kevin inherited a half-share in his father’s Drogerie Markt drugstore chain. On his 14th birthday, he received the fortune and was placed under protection until September 2020.
His drugstore business is called DM (Drogerie Markt), and it has a $12 billion yearly revenue. The business dates back to 1973, and there are about 3700 locations in Germany. A total of 41000 people work for the pharmacy company.
In Germany, his father owned the Pfannkuch supermarket business. He went on to invest in DM chains afterwards. Despite the fact that this was a well-known emblem, Lehman elected to keep it hidden. He isn’t one to boast or reveal much on social media.
If we go through the rankings of the youngest billionaries person, We can find fluctuation in the rankings. Rankings get changed every second. So we look to the overall average in a ranking of a month. We promise our visitors that we will be providing you more reliable and accurate rankings.
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