Rising Stars – Meet 10 Youngest Billionaires All Set to Dominate in the World in 2023
Every year, Forbes releases the list of World’s Youngest billionaires. All of us wait for this list to know about the individuals who have achieved unimaginable financial success at a young age.
Today, we will discuss the World’s Top 10 Youngest Billionaires list for 2023. There are many surprising entries in this year’s list. The billionaire who tops this list is just 18 years old. So, let’s prepare to be inspired by the extraordinary stories and achievements of these young men and women who have taken the world by storm.
10 Youngest Billionaires in the World in 2023
S.No. | Name of the Billionaire | Age |
1 | Ryan Breslow | 28 Years |
2 | Leonardo Maria Del Vecchio | 27 Years |
3 | Katharina Andresen | 27 Years |
4 | Wang Zelong | 26 Years |
5 | Alexandra Andresen | 26 Years |
6 | Luca Del Vecchio | 21 Years |
7 | Kim Jung-min | 21 Years |
8 | Kevin David Lehmann | 20 Years |
9 | Kim Jung-youn | 19 Years |
10 | Clemente Del Vecchio | 18 Years |
List of World’s Top Ten Youngest Billionaires
10. Ryan Breslow
Ryan Breslow is an entrepreneur from the United States of America. He is the co-founder and current chairman of Bolt. Currently, Bolt has 800 employees with a value of more than $11 Billion. In the year 2021, Breslow was named as Entrepreneur Of The Year, Northern California. In 2022, Forbes named Ryan Breslow retail and e-commerce allstar.
Year of birth | 1994 |
Nationality | American |
Occupation | Entrepreneur |
Achievements | Co-founder and chairman of Bolt Financial and Co-founder of Eco |
Source of Wealth | E-Commerce |
Net Worth | $1.1 Billion |
9. Leonardo Maria Del Vecchio
Leonardo Maria Del Vecchio is the son of late Italian businessman Leonardo Del Vecchio. He is one of only two of his father’s heirs to work at his father’s company. Currently, he is EssilorLuxottica’s chief strategy officer. He is also the CEO of eyeglasses retailer Salmoiraghi & Vigano. EssilorLuxottica acquired Salmoiraghi & Vigano in 2016.
Year of birth | 1994 |
Nationality | Italy |
Occupation | Business |
Achievements | CEO of eyeglasses retailer Salmoiraghi & Viganò |
Source of Wealth | Eyeglass Business and 12.5% stakes in Delfin |
Net Worth | $3.9 Billion |
8. Katharina Andresen
Katharina Andresen, the older sister of Alexandra Andresen, is the next youngest billionaire on the list. After inheriting 42 percent of Fred Investment Company in 2016, Katharina Andresen became one of the richest women in the world.
Inheriting her fortune at the age of 20, Katharina was the youngest billionaire ever to appear on Forbes’ list at that time.
Date of birth | 21st May 1995 |
Nationality | Norwegian |
Occupation | Investor |
Source of Wealth | Inherited 42% of the family-owned investment company Ferd. |
Net Worth | $1.5 Billion |
7. Wang Zelong
Next on the list is Wang Zelong. Most of his money comes from his inherited stakes in CNNC Hua Yuan Titanium Dioxide Co. It is a chemical company listed on the Shenzhen Stock Exchange. Wang likes to keep a low profile and his life private.
Year of birth | 1996 |
Nationality | Chinese |
Occupation | Investor and Businessman |
Source of Wealth | Stakes CNNC Hua Yuan Titanium Dioxide |
Net Worth | $1.1 Billion |
6. Alexandra Andresen
For three straight years, Alexandra Andresen was the youngest billionaire on Forbes’ list of the world’s richest people until Kylie Jenner overtook Alexandra Andresen in 2019 as the youngest billionaire on the Forbes list
As the daughter of a wealthy Norwegian family, Alexandra inherited 42 percent of Ferd Investment Company, a company held by her ancestors. The now 26-year-old Norwegian heiress has three times been crowned Norwegian junior champion in dressage horse riding.
Date of birth | 23rd July 1996 |
Nationality | Norwegian |
Occupation | Investor |
Source of Wealth | Inherited 42% of the family-owned investment company Ferd. |
Net Worth | $1.5 Billion |
5. Luca Del Vecchio
Luca Del Vecchio is another son of Leonardo Del Vecchio who has made it to this list. While he comes from a family with a strong legacy in the eyewear industry, Luca has made a name for himself in other businesses as well. He owns shares in many other companies including insurer Generali, banks Mediobanca and UniCredit, and real estate developer Covivio.
Year of birth | 2001 |
Nationality | Italian |
Occupation | Investor |
Source of Wealth | Eyeglass Business, 12.5% stakes in Delfin and other investments. |
Net Worth | $3.9 Billion |
4. Kim Jung-Min
Kim Jung-Min owns 31% stakes in NXC. NXC is the largest shareholder in the online gaming giant Nexon. He got all his wealth through inheritance after the death of his father Kim Jung-ju. As per reports, Kim Jung-Min is not involved in the operations of Nexon’s operations.
Year of birth | 2002 |
Nationality | South Korean |
Occupation | Businessman |
Source of Wealth | Shares in NXC |
Net Worth | $1.1 Billion |
3. Kevin David Lehmann
Kevin David Lehmann is a German billionaire who has gained considerable wealth through his inheritance as the youngest son of Guenther Lehmann (the founder of the drugstore chain dm-drogerie markt). Despite his wealth, Kevin keeps a low profile, prioritizing his studies and personal endeavors while managing his significant inheritance.
Year of birth | 2003 |
Nationality | German |
Occupation | Business |
Source of Wealth | Owns 50% shares in DM (Drogerie Markt) |
Net Worth | $2.6 Billion |
2. Kim Jung-youn
Kim Jung-Youn is the daughter of Kim Jung-ju, founder of Nexon. Growing up in a family deeply involved in the gaming industry, Kim Jung-Young developed a passion for technology and entrepreneurship from an early age. However, she is not actively involved in the company’s operations. Just like her elder brother, she has 31% shares in NXC.
Year of birth | 2004 |
Nationality | South Korean |
Occupation | Student, Investor |
Source of Wealth | 31% stakes in NXC |
Net Worth | $1.1 Billion |
1. Clemente Del Vecchio
Clemente Del Vecchio is the youngest Billionaire in the world in 2023. He is the youngest son of Leonardo Del Vecchio. He inherited his fortune in 2022 when he was only 18 years old. Currently, he is not involved in the operation of Luxottica.
Date of birth | 14th May 2004 |
Nationality | Italian |
Source of Wealth | Eyeglass Business, 12.5% stakes in Delfin and other investments. |
Net Worth | $3.9 Billion |
Frequently Asked Questions
Clemente Del Vecchio
Alexandra and Katharina Andresen inherited their wealth from their father’s Norway-based investment company, Ferd.
As per the latest data from Forbes, Kylie Jenner is no longer a billionaire. Currently, her net worth is around $680 Million.
18 Years old
Ben Francis, Palmer Luckey, Mark Mateschitz, Michal Strnad, Gustav Magnar Witzoe, etc.