Age is no barrier to success, and the Top 25 Youngest Billionaires of 2024 prove just that. These young entrepreneurs and visionaries have already amassed fortunes beyond most people’s wildest dreams. Some built their wealth from scratch and some inherited it, they’re reshaping industries and leaving a lasting impact on the world.
In this article, we’ll take a closer look on the stories of these remarkable individuals, exploring how they achieved billionaire status and what makes them stand out in today’s competitive landscape.
Evan Spiegel was born on June 4, 1990, in Los Angeles, California. Today, he has an estimated net worth of $3.1 billion. As the co-founder and CEO of Snapchat, Spiegel has transformed social media by introducing the concept of disappearing messages, changing how people communicate and share moments.
Starting the platform as a student project while studying at Stanford University, Spiegel envisioned a way for users to communicate with greater authenticity and less permanence. Snapchat quickly gained a large, young user base, leading to its eventual IPO and propelling Spiegel to billionaire status.
Known for his bold vision and hands-on leadership, Spiegel has maintained Snapchat’s unique appeal amid stiff competition from other platforms, continually innovating to stay relevant.
John Collison was born on August 6, 1990, in Limerick, Ireland. Today, he has an estimated net worth of $7.2 billion. Along with his brother Patrick, Collison co-founded Stripe, one of the most transformative companies in online payment processing.
ecognizing the difficulties businesses face with online transactions, the Collison brothers developed a platform that simplified and secured payment processing for millions of companies globally, from small startups to large enterprises.
John’s foresight and dedication to solving a key business pain point have made Stripe a major player in fintech, revolutionizing the way e-commerce operates and establishing him as a leading figure in financial innovation.
Shunsaku Sagami was born on January 9, 1991, in Japan. Today, he has an estimated net worth of $1.9 billion. Sagami carved his niche in the high-stakes world of mergers and acquisitions, founding a brokerage that has overseen some of Japan’s most significant corporate deals.
Known for his exceptional strategic insights and sharp negotiation skills, Sagami has facilitated mergers that have propelled Japanese companies into global markets.
His ability to identify and capitalize on growth opportunities has earned him a reputation as a leading force in Japanese business, and his contributions to the corporate landscape continue to influence the industry.
Jonathan Kwok was born on March 19, 1992, in Hong Kong. Today, he has an estimated net worth of $2.5 billion. Kwok inherited much of his wealth from his family’s real estate empire, but he has demonstrated a keen business sense, expanding and diversifying his holdings.
As the youngest son of the late Kwok Tak-seng, a renowned property tycoon, Jonathan has continued his father’s legacy, strengthening his family’s influence in the Asian property market. He is respected for his forward-thinking approach to real estate, making strategic investments that ensure the sustainability and growth of his family’s portfolio.
Selena Gomez was born on July 22, 1992, in Grand Prairie, Texas. Today, she has an estimated net worth of $1.3 billion. Known initially for her acting and singing career, Gomez has evolved into a multifaceted entrepreneur. With successful ventures in music, acting, and business, Gomez has expanded her brand globally.
Her beauty line, Rare Beauty, has been a commercial success, and her influence as a philanthropist and mental health advocate continues to resonate with fans around the world. Gomez’s journey from child star to global icon showcases her resilience and business acumen.
Mark Mateschitz was born on May 7, 1993, in Salzburg, Austria. Today, he has an estimated net worth of $39.6 billion. As the heir to the Red Bull empire, Mateschitz inherited his wealth from his father, Dietrich Mateschitz, the founder of the iconic energy drink brand.
Mark has not only continued his father’s legacy but has also been involved in expanding the brand’s reach, especially in extreme sports and media ventures.
Red Bull’s global popularity has made Mateschitz one of the wealthiest young billionaires, with a net worth that continues to grow as the brand explores new markets and sponsorship opportunities.
Ben Francis was born on June 4, 1993, in Worcestershire, England. Today, he has an estimated net worth of $1.3 billion. Francis founded Gymshark, a fitness apparel brand that has become a phenomenon among young, health-conscious consumers.
Starting the business from his garage while working as a pizza delivery driver, Francis’s dedication and understanding of fitness culture helped Gymshark grow rapidly.
The brand’s unique marketing approach, particularly its strong presence on social media, has attracted a massive following and transformed Gymshark into a global brand. Francis’s journey from a young entrepreneur to a billionaire is a testament to his relentless work ethic and vision.
Andy Fang was born on August 1, 1993, in California. Today, he has an estimated net worth of $1.4 billion. Fang co-founded DoorDash, a food delivery service that revolutionized how people order food.
Recognizing the potential of a platform that could connect customers with local restaurants, Fang and his team built DoorDash from the ground up, rapidly scaling it to become one of the largest delivery services in North America.
Fang’s technical expertise and dedication to customer experience have been crucial to DoorDash’s success, making him a prominent figure in the tech and food delivery sectors.
Michal Strnad was born on October 3, 1993, in Prague, Czech Republic. Today, he has an estimated net worth of $4.4 billion. As the head of Czechoslovak Group, Strnad oversees a wide range of industries, including military and defense manufacturing.
Strnad’s business empire spans Central Europe, where he supplies specialized equipment to various countries. His commitment to the defense industry and his ability to navigate complex international markets have solidified his position as a leading young billionaire and a key player in global defense.
Palmer Luckey was born on September 19, 1993, in Long Beach, California. Today, he has an estimated net worth of $2.4 billion. As the founder of Oculus VR, Luckey has been a pioneer in the virtual reality industry.
His passion for VR led to the development of Oculus Rift, a device that transformed the gaming and tech landscape, eventually catching the attention of Facebook, which acquired the company.
Luckey’s innovative spirit continues to drive him, his current work focuses on defense technology with his new company, Anduril Industries, where he’s applying his expertise to national security.
Stanley Tang was born on March 20, 1993, in Hong Kong. Today, he has an estimated net worth of $1.3 billion. As a co-founder of DoorDash, Tang’s expertise in technology and operations helped propel the platform to its dominant position in the food delivery market.
With a focus on customer experience and convenience, Tang and his team built a seamless system that allows users to order food from their favorite restaurants at the click of a button. Tang’s success with DoorDash underscores the power of innovation in meeting consumer needs.
Gustav Magnar Witzøe was born on February 8, 1993, in Frøya, Norway. Today, he has an estimated net worth of $3.4 billion. He inherited a large portion of SalMar ASA, one of the world’s largest salmon producers, from his father, Gustav Witzøe Sr.
Although Gustav Jr. holds ownership stakes in SalMar, he is exploring other avenues of entrepreneurship and investment, focusing on real estate and tech startups. His dual interests in innovation and his family’s successful fish farming business make him a unique player in both traditional and modern industries.
Sophie Luise Fielmann was born on January 5, 1994, in Germany. Today, she has an estimated net worth of $2.8 billion. Fielmann’s fortune stems from her family’s optometry business, Fielmann AG, one of Germany’s largest eyewear chains.
The company’s customer-centric model and commitment to affordable, quality eyewear have driven its growth across Europe. Sophie’s involvement in the company continues to expand as she brings a fresh perspective to Fielmann AG’s future direction, emphasizing sustainability and innovation in an industry that is both traditional and ever-evolving.
Leonardo Maria Del Vecchio was born on March 29, 1995, in Milan, Italy. Today, he has an estimated net worth of $5.1 billion. As the son of the late Leonardo Del Vecchio, founder of Luxottica, the world’s largest eyewear company, Leonardo inherited a significant portion of his father’s empire.
Luxottica, known for brands like Ray-Ban and Oakley, has revolutionized eyewear as a fashion accessory. Leonardo continues to explore opportunities within the eyewear industry, balancing the legacy of Luxottica with a focus on modernization and expanding into new markets.
Katharina Andresen was born on May 21, 1995, in Oslo, Norway. Today, she has an estimated net worth of $1.6 billion. She and her younger sister, Alexandra, inherited substantial wealth through their family’s investment company, Ferd AS, one of Norway’s most influential investment firms.
Katharina is recognized for her interest in sustainable investments and corporate responsibility, guiding Ferd towards projects that not only yield profits but also contribute positively to society. Her approach to balancing wealth with social impact has made her a respected figure among Norway’s young elite.
Alexandra Andresen was born on July 23, 1996, in Oslo, Norway. Today, she has an estimated net worth of $1.6 billion. Like her sister Katharina, Alexandra inherited her wealth through Ferd AS, a major Norwegian investment company that focuses on private equity, real estate, and investments in Nordic stocks.
Alexandra’s dedication to philanthropy and sustainable business practices reflects her forward-thinking approach, and she remains actively involved in managing Ferd’s investments. Her commitment to family and community has distinguished her as one of Europe’s most responsible young billionaires.
Kylie Jenner was born on August 10, 1997, in Los Angeles, California. Today, she has an estimated net worth of $1.1 billion. Jenner initially gained fame through her family’s reality television show, Keeping Up with the Kardashians, but she found her entrepreneurial success with Kylie Cosmetics.
Her lip kits, which sparked a social media sensation, led to a thriving beauty brand known for its high-quality products and limited edition releases. Jenner’s savvy use of social media to build a loyal customer base has made her one of the world’s youngest self-made billionaires.
Firoz Mistry was born on September 14, 1996, in Ireland. Today, he has an estimated net worth of $4.9 billion. As a member of one of the most prominent business families in Ireland, Mistry has diversified his investments across sectors such as real estate, energy, and finance.
Known for his analytical skills and financial acumen, he manages an extensive portfolio, focusing on sustainable growth and long-term profitability. Firoz’s business strategies have garnered respect in Ireland’s business community and made him one of the wealthiest young billionaires in Europe.
Dora Voigt de Assis was born on October 15, 1997, in São Paulo, Brazil. Today, she has an estimated net worth of $1.3 billion. As a leader in Brazil’s industrial machinery sector, Voigt de Assis has leveraged her company’s innovative technology and manufacturing processes to drive its growth.
Her focus on quality and efficiency has positioned the company as a key supplier in Brazil’s booming manufacturing industry. Voigt de Assis’s strong leadership and keen business sense have secured her a prominent role in a traditionally male-dominated industry.
Zahan Mistry was born on December 8, 1998, in Ireland. Today, he has an estimated net worth of $4.9 billion. With a family legacy of success in diverse industries, Mistry has made his mark by carefully expanding the family’s investment portfolio.
Known for his meticulous approach to deal-making, he has directed funds into sectors that align with global trends, such as renewable energy and technology. His commitment to creating a sustainable business model has made him one of Ireland’s most influential young investors.
Remi Dassault was born on February 13, 2002, in Paris, France. Today, he has an estimated net worth of $2.5 billion. As a descendant of the Dassault family, known for their contributions to aviation and aerospace, Remi inherited substantial wealth and a legacy of innovation.
Although he is still young, Dassault is expected to play a pivotal role in the future of the family’s business interests. He has shown a strong interest in continuing his family’s legacy in cutting-edge technology and engineering, with a focus on maintaining Dassault’s reputation for excellence.
Luca Del Vecchio was born on March 10, 2002, in Milan, Italy. Today, he has an estimated net worth of $5.1 billion. As the youngest member of the Del Vecchio family, Luca inherited his stake in the Luxottica empire, a global leader in eyewear.
Following in the footsteps of his father, Leonardo Del Vecchio, Luca is focused on sustaining and expanding Luxottica’s global presence. His commitment to innovation and quality ensures that Luxottica remains at the forefront of the eyewear industry, providing iconic brands to customers worldwide.
Kim Jung-min was born on April 5, 2002, in Seoul, South Korea. Today, he has an estimated net worth of $1.5 billion. As a co-founder of an online gaming company that has grown rapidly, Kim has tapped into South Korea’s thriving tech and gaming industry.
His contributions to online gaming and his focus on creating immersive, innovative experiences have attracted a massive user base. Jung-min is a major figure in Asia’s booming digital entertainment industry, setting trends that resonate globally.
Kevin David Lehmann was born on September 19, 2003, in Germany. Today, he has an estimated net worth of $3.4 billion. He inherited his wealth from his father’s stake in the German drugstore chain dm-drogerie markt.
Kevin’s fortune has made him one of the youngest billionaires globally, though he keeps a low profile and is not publicly involved in the family business. His wealth is a testament to the success of dm-drogerie markt, a company celebrated for its accessibility and affordability across Europe.
Kim Jung-youn was born on November 12, 2003, in Seoul, South Korea. Today, she has an estimated net worth of $1.5 billion. She is a co-founder and key figure in the rapidly growing South Korean online gaming industry, which is known for its innovative game designs and immersive experiences.
Her company has attracted millions of gamers across Asia, making Kim one of the youngest and wealthiest billionaires in the world. Despite her success at such a young age, Kim maintains a relatively private life, with most of her public appearances focused on promoting new games and innovations within the digital entertainment space.
Kim’s contributions to online gaming and her drive to push the boundaries of digital entertainment have made her a role model for young entrepreneurs worldwide.
In the following table, you’ll find a summarized view of the Top 25 Youngest Billionaires of 2024, including their names, estimated net worth, ages, countries, and primary sources of wealth. This concise reference provides a snapshot of the global youth entrepreneurs and heirs making waves across various industries.
No. | Net Worth | Age | Name | Source | Country |
---|---|---|---|---|---|
25. | $3.1 Billion | 33 Years | Evan Spiegel | Snapchat | United States |
24. | $7.2 Billion | 33 Years | John Collison | Stripe | Ireland |
23. | $1.9 Billion | 33 Years | Shunsaku Sagami | M&A Brokerage | Japan |
22. | $2.5 Billion | 32 Years | Jonathan Kwok | Real Estate | Hong Kong |
21. | $1.3 billion | 32 Years | Selena Gomez | Singer, Actress | United States |
20. | $39.6 Billion | 31 Years | Mark Mateschitz | Red Bull | Austria |
19. | $1.3 Billion | 31 Years | Ben Francis | Gymshark | United Kingdom |
18. | $1.4 Billion | 31 Years | Andy Fang | DoorDash | United States |
17. | $4.4 Billion | 31 Years | Michal Strnad | Weapons | Czech Republic |
16. | $2.4 Billion | 31 Years | Palmer Luckey | Virtual Reality | United States |
15. | $1.3 Billion | 31 Years | Stanley Tang | DoorDash | United States |
14. | $3.4 Billion | 30 Years | Gustav Magnar Witzøe | Fish farming | Norway |
13. | $2.8 Billion | 29 Years | Sophie Luise Fielmann | Optometry | Germany |
12. | $5.1 Billion | 28 Years | Leonardo Maria Del Vecchio | Eyeglasses | Italy |
11. | $1.6 Billion | 28 Years | Katharina Andresen | Investments | Norway |
10. | $1.6 Billion | 27 Years | Alexandra Andresen | Investments | Norway |
9. | $1.1 Billion | 27 Years | Kylie Jenner | Cosmetics | United States |
8. | $4.9 Billion | 27 Years | Firoz Mistry | Diversified | Ireland |
7. | $1.3 Billion | 26 Years | Dora Voigt de Assis | Industrial Machinery | Brazil |
6. | $4.9 Billion | 25 Years | Zahan Mistry | Diversified | Ireland |
5. | $2.5 Billion | 22 Years | Remi Dassault | Inherited | France |
4. | $5.1 Billion | 22 Years | Luca Del Vecchio | Eyeglasses | Italy |
3. | $1.5 Billion | 22 Years | Kim Jung-min | Online gaming | South Korea |
2 | $3.4 Billion | 21 Years | Kevin David Lehmann | Drugstores | Germany |
1. | $1.5 Billion | 20 Years | Kim Jung-youn | Online gaming | South Korea |
Check out our detailed video on the Top 25 World’s Youngest Billionaires in 2024! In this video, we dive deeper into the lives, careers, and achievements of these remarkable young individuals who are reshaping industries and creating empires at an incredibly young age. Watch now to learn more about how they earned their wealth and where they are headed next!
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This concludes the list of the Top 25 Youngest Billionaires of 2024, showcasing the diverse industries, innovative mindsets, and family legacies that have propelled these young individuals to extraordinary wealth. Each of these individuals is carving their own path, whether by inheriting wealth or building successful companies from scratch, and they continue to shape the future of their respective industries.