Kevin became billionaire when his father transferred his 50% ownership in Drogerie markt to Kevin David in 2017. He also inherited part of his family’s 18.4 percent stake in Tata Sons after their father, Cyrus Mistry, died in 2022. He has sharp entrepreneurial and business acuity and strategic foresight.

• Marc co-led the company with his dad starting in 2018 and fully took over the following year.
• He and his brother Luca (above) are the two children his late father had with the company’s former head of investor relations, Sabina Grossi.
• According to Forbes’ real-time billionaires list, Clemente Del Vecchio tops the list of youngest billionaires in the world.
• He’s now Norway’s fifth-richest person and its biggest taxpayer, having given the government NOK 292.4 million—the equivalent of about $29.6 million—in 2022.
• He transformed the business into the $3.2 billion (2023 revenue) defense producer Czechoslovak Group, which Strnad has since taken over as owner and CEO.
• His Czechoslovak Group is one of the biggest suppliers of ammunition, ground equipment and artillery equipment to the Ukrainian army, which has helped double sales to $620 million in the first half of 2022.

Delfin controls EssilorLuxottica, the world’s largest eyewear company, known for brands such as Ray-Ban, making Clemente another young billionaire worldwide. 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. 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. Kevin David Lehmann, a citizen of Germany, is next in our list of youngest billionaires.

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The richest Black American cofounded World Wide Technology, which provides IT solutions to customers like Citi and Verizon, in 1990. He still serves as chairman of the private company, which now has nearly 10,000 employees and generates $20 billion in annual revenue. The founder and CEO of Dangote Group began the painful process of building Africa’s largest oil and gas refinery in 2013. After 11 years, $23 billion in investment and innumerable headaches, the Dangote Refinery finally began operating in early 2024, helping boost Dangote’s fortune by $10.5 billion since last year’s list. The world got a new teenage billionaire when Leonardo Del Vecchio died in June 2022.

Top 10 Youngest Billionaires In The World 2025

He has also invested in real estate and technology startups, diversifying his portfolio and securing his position as one of the youngest billionaires on the planet. The world of billionaires has expanded dramatically, and top 10 youngest billionaires in the world among these elite individuals are the young and innovative minds who have achieved extraordinary financial success at a remarkably tender age. This article presents a list of the top 10 youngest billionaires in the world as of 2023, highlighting their achievements, business ventures, and the sources of their vast fortunes.

Firoz also acquired a fraction of their family’s 18.4% investment in Tata Sons upon the death of Cyrus Mistry in 2022. About 25% of the Shapoorji Pallonji Group he owns is large chunk. In 2017, he founded the defense technology company Anduril, which has been sending drones to Ukraine. A newcomer to this year’s list, Tabuteau founded Axsome Therapeutics in 2012 with the goal of developing life-changing treatments for the millions of patients living with brain disorders. Prior to founding the company, Tabuteau worked in healthcare finance, including as a partner at hedge fund Healthco/S.A.C. Following his retirement from the NBA in 1996, Johnson began investing, opening movie theaters and Starbucks franchises, often in Black communities.

The company uses AI to advise small- and medium-scale enterprises with aging owners who have no one lined up to take over. He became a billionaire last April, when M&A Research Institute Holdings’ share price skyrocketed thanks to spiking revenues and a surge of M&A activity in Japan. Dora Voigt is an elder sister to Livia Voigt, who inherited her wealth from her family’s company WEG, a major electrical motor manufacturer company just like Livia Voigt does. At the top of our list is Mark Mateschitz, aged 30, with a staggering net worth of $34.7 billion. Mark inherited 49% of the iconic energy drink company Red Bull, propelling him to the peak of the youngest billionaire rankings. The success of Red Bull has been fueled by its strategic marketing and sponsorship deals, making it a global phenomenon.

Age: 19 Citizenship: Brazil Source of Wealth: Industrial Machinery Net Worth: $1.1 Billion

To help with debt reduction, the family’s business, Shapoorji Pallonji Group, intends to list another company they own, Afcons Infrastructure, on the public market. When Günther Fielmann, the entrepreneur known for bringing cheap eyeglasses to Germany, died in January at the age of 84, he left much of his fortune to his two children, Sophie and Marc. While Marc, age 34, has helmed Fielmann AG since 2019, Sophie has no role in the eyeglasses company but still owns about a third of its stock. He became a billionaire last April, when M&A Research Institute Holdings’ share price skyrocketed thanks to spiking revenues and a surge of M&A activity in Japan.

From Red Bull to pharmaceuticals, salmon farming to retail, these young billionaires have demonstrated their business acumen, vision, and dedication, inspiring generations to come. Edeh Samuel Chukwuemeka, ACMC, is a lawyer and a certified mediator/conciliator in Nigeria. He is also a developer with knowledge in various programming languages. Samuel is determined to leverage his skills in technology, SEO, and legal practice to revolutionize the legal profession worldwide by creating web and mobile applications that simplify legal research. Sam is also passionate about educating and providing valuable information to people. Jensen Huang, CEO of NVIDIA, a leading graphics chip manufacturer, has made an entry into the top 10 richest people in the world at the end of 2024.

Age: 31 Citizenship: Czech Republic Source of Wealth: Weapons Net Worth: $4.4 Billion

It remained under a trusteeship until his 18th birthday, when he became a billionaire. Neither Lehmann nor his father is operationally involved in the $14 billion (revenue) company. Like his brother Clemente, Luca, along with his siblings, inherited a stake in Luxottica, the world’s largest eyewear company, founded by their father, Leonardo Del Vecchio.

They eventually launched Stake, which would end up being the “largest offshore crypto casino in the world,” as per Forbes. Inheriting a significant stake in Red Bull, Mateschitz oversees the renowned energy drink company, which boasts billions in revenue annually. Jagran English brings you all the latest and breaking news from India and around the world. Get live English news from India, World, Politics, Entertainment, Lifestyle, Business, Education, Sports, Technology, and much more. Follow english.jagran.com to stay updated with the latest English news. Startup Insider is a prominent news website which deals with startup news, stories, interview tips, gives the latest update about events and conferences.

Zahan Mistry is actively involved in the family’s construction empire and owns a 25 percent stake in Shapoorji Pallonji Group. As part of its debt reduction strategy, the group intends to list Afcons Infrastructure, a privately held construction and engineering company, for an eye-watering $850 million. Also 19 years old, Clemente Del Vecchio from Italy is a billionaire who got his money by inheriting part of his family’s wealth, just like Livia Voigt. But, his wealth, about $4.7 billion, comes from owning 12.5% of Delfin, the family company that owns EssilorLuxottica, the biggest eyewear company in the world.

Her hit talk show ran for 25 years, until 2011, and she reinvested the profits from the program and films such as The Color Purple and Selma into a media and business empire. In 2011, she launched cable channel OWN and sold most of her stock toWarner Bros. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate.

• He is the CEO of eyeglasses retailer Salmoiraghi & Viganò, acquired by EssilorLuxottica in 2016.
• Wang, however, was able to prove that he was qualified for the job with his technical skills.
• John Collision, 28, grew up in the Irish countryside near Limerick with his older brother, Patrick Collison, a co-founder of Stripe.
• He also inherited part of his family’s 18.4 percent stake in Tata Sons after their father, Cyrus Mistry, died in 2022.
• 22-year-old Kim Jung-min, sister to Kim Jung-youn, shares a $1.4 billion net worth with her sister.

Del Vecchio, who turns 19 in May, gets his fortune from a share of his father’s holding company Delfin, which has a stake in eyewear giant Luxottica (known for brands such as Ray-Ban and Sunglass Hut). Not much is known about the young heir, whose six siblings (two of whom are also under 30) and stepmother also make their debut. Even less is known about Kim, whose fortune lies in Japanese-South Korean online gaming giant Nexon. At just 22 years old, Luca Del Vecchio is one of the youngest billionaires.

From family inheritances to corporate legacies to technology startups, there are now more young billionaires than ever. Masiyiwa founded Econet Group in 1993 and built it into a telecom conglomerate with operations and investments throughout Africa, South America and Asia. He still serves as chairman of the company and also sits on the boards of the Gates Foundation and Netflix. In 2022, James became the first active basketball player to become a billionaire, having earned more than $900 million (pretax) from endorsements and business ventures.

Katharina Andresen, 27, belongs to the sixth generation of the Andresen family, who owns Ferd, a Norwegian investment company. She has a strong focus on sustainability and socially responsible investments, making her one of the youngest billionaires with a purpose-driven approach to wealth management. The Dassault family owns several vineyards, a private aeronautic company, and daily news publisher Le Figaro. Zahan Mistry, 25, became a billionaire through his family’s connection to Tata Group, one of India’s biggest business groups. His father, Cyrus Mistry, was the leader of Tata Sons when he died, and Zahan inherited part of the family’s 18.4% share in the group.

He owns parts of Dassault Aviation and has investments in media (including Le Figaro), vineyards, and private flying businesses. His wealth is now $2.3 billion, showing his family’s long success and his own business skills. Andresen sits with her sister (above) on the board of the investment company Ferd, which is based in the Oslo suburb of Bærum, and also owns a 42% stake.

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Her father is the owner of the company, and Katharina and Alexandra are equally entitled to its profits. Johan Andreson, the company’s founder, still oversees it and owns 70 percent of the votes thanks to a dual-class share structure. This article unveils the richest person in Asia ranked by Forbes, featuring business moguls.