Young And Rich
Imagine being worth a billion dollars. Now imagine being worth a billion dollars and being under 35 years old. For the 25 people on this list—according to Forbes—they don't have to imagine it, because they are actually living it.
Self-Made?
There are some self-made billionaires on this list, but for the first time in 15 years they are all over 30. Yup, for the first time since 2009 there are no self-made billionaires under 30 (they all inherited their wealth). So, let's get into it...
Evan Spiegel (33)
Net Worth: $3.1 Billion
As a co-founder of Snapchat, Spiegel is one of the self-made billionaires on the list, a title he has held since he was 25. He currently serves as CEO of the company and owns about 25% of the stocks—along with fellow co-founder Bobby Murphy.
John Collison (33)
Net Worth: $7.2 Billion
Irish-born Collison sold his first company for $5 million when he was still in secondary school. A few years later (after dropping out of Harvard) he, and his brother Patrick founded the payment software company Stripe which was valued around $9 billion in 2016—making the then 26-year-old the youngest self-made billionaire in the world at the time.
Shunsaku Sagami (33)
Net Worth: $1.9 Billion
Yet another 33-year-old self-made billionaire on the list—Sagami launched M&A Research Institute Holdings in 2018 and became a billionaire in 2023.
Jonathan Kwok (32)
Net Worth: $2.4 Billion
Kwok is the youngest billionaire in Hong Kong—a title he earned thanks to his stake in the property development firm Sun Hung Kai Properties (a stake he inherited after the passing of his father in 2018).
Mark Mateschitz (31)
Net Worth: $39.6 Billion
Red Bull doesn't just give you wings. If you're the son of the company's founder, it also gives you billions of dollars. When Dietrich Mateschitz passed in 2022, his son Mark inherited a 49% stake in the company.
Ben Francis (31)
Net Worth: $1.3 Billion
Have you heard of GymShark? Well, Ben Francis co-founded the company with his friend Lewis Morgan, and he still owns 70% and is the CEO.
Andy Fang (31)
Net Worth: $1.2 Billion
Fang and a couple other Stanford students founded DoorDash in 2013. The company went public in 2020.
Stanley Tang (31)
Net Worth: $1.2 Billion
Speaking of those other students, Fang founded DoorDash with—Stanley Tang was one of them.
Michal Strnad (31)
Net Worth: $4.4 Billion
Strnad's father turned his scrapyard business into the billion-dollar Czechoslovak Group defense producer. Michal took over the business when he was 27.
Palmer Luckey (31)
Net Worth: $2.3 Billion
Luckey built a VR headset when he was 16 and, in 2014, sold Oculus VR to Facebook for $2 billion. But that wasn't it for Luckey. In 2017, he founded Anduril—a defense technology company that, in 2022, was valued at $8.5 billion.
Gustav Magnar Witzøe (30)
Net Worth: $4.2 Billion
While SalMar might not ring any bells to folks in North America, the company is the second largest salmon farmer in the world and at 19 years old, Gustav was given almost half the company by his father.
Sophie Luise Fielmann (29)
Net Worth: $2.7 Billion
Entrepreneur Günther Fielmann passed away at the age of 84. He'd made his fortune providing cheap eyeglasses to the German people and when he passed, his fortune was split between his two kids. One of whom is Sophie Luise Fielmann, who doesn't work for the company in any way but has a nice 33% of the stock.
And while we're on the subject of eyeglasses...
Leonardo Maria Del Vecchio (28)
Net Worth: $4.7 Billion
EssilorLuxottica is the largest eyeglasses company in the world and Leonardo Maria Del Vecchio is its chief strategy officer. He also owns Ray-Ban—all of which came to him after his father's passing.
Luca Del Vecchio (22)
Net Worth: $4.7 Billion
Another of the Del Vecchio siblings.
Clemente Del Vecchio (19)
Net Worth: $4.7 Billion
And the third sibling.
Katharina Andresen (28)
Net Worth: $1.7 Billion
Andresen and her sister each own 42% stakes in the family's investment firm, Ferd. She is also on the company's board.
Alexandra Andresen (27)
Net Worth: $1.6 Billion
She's on the Ferd board, just like her sister.
Firoz Mistry (27)
Net Worth: $4.9 Billion
Firoz is one of the two richest people under 30 years old on the planet. It's an honor that came to him amidst great tragedy when, in 2022, he lost both his grandfather and his father. Those horrible losses lead to his inheriting 4.6% of the Tata Sons conglomerate.
Who is the other richest under-30?
Zahan Mistry (25)
Net Worth: $4.9 Billion
Firoz's brother, Zahan Mistry, also received a 4.6% stake.
Remi Dassault (22)
Net Worth: $2.5 Billion
When his father lost his life in a helicopter accident in 2021, Remi inherited an estimated 2.5% stake in the French software company Dassault Systèmes as well as an estimated 4.1% stake in Dassault Aviation.
Kim Jung-min (22)
Net Worth: $1.4 Billion
Kim Jung-min's fortune comes from her 9% stake in Nexon—a South Korean-Japanese online gaming publisher. A stake she inherited upon her father's passing in 2022.
Kim Jung-youn (20)
Net Worth: $1.4 Billion
Kim Jung-min's younger sister got the same inheritance.
Kevin David Lehmann (21)
Net Worth: $3.3 Billion
When he was just 14 years old, Kevin David Lehmann's father gave him a 50% stake in dm-drogerie markt (Germany’s leading drugstore brand). The chain saw revenue of $17 billion in the 2023 fiscal year.
Dora Voigt De Assis (26)
Net Worth: $1.1 Billion
Dora and her sister are very, very rich because of their grandfather, Werner Ricardo Voigt—cofounder of Brazilian electrical equipment producer WEG. After Voigt's passing in 2016, both sisters inherited $3.1 of the company.
Livia Voigt (19)
Net Worth: $1.1 Billion
The other Voigt sister. At 19 years old, Livia is the youngest billionaire in the world.