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 BillionaireAge
1Ryan Breslow28 Years
2Leonardo Maria Del Vecchio27 Years
3Katharina Andresen27 Years
4Wang Zelong26 Years
5Alexandra Andresen26 Years
6Luca Del Vecchio21 Years
7Kim Jung-min21 Years
8Kevin David Lehmann20 Years
9Kim Jung-youn19 Years
10Clemente Del Vecchio18 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 birth1994
AchievementsCo-founder and chairman of Bolt Financial and Co-founder of Eco
Source of WealthE-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 birth1994
AchievementsCEO of eyeglasses retailer Salmoiraghi & Viganò
Source of WealthEyeglass Business and 12.5% stakes in Delfin 
Net Worth$3.9 Billion

8. Katharina Andresen

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 birth21st May 1995
Source of WealthInherited 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 birth1996
OccupationInvestor and Businessman
Source of WealthStakes CNNC Hua Yuan Titanium Dioxide
Net Worth$1.1 Billion

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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 birth23rd July 1996
Source of WealthInherited 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 birth2001
Source of WealthEyeglass 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 birth2002
NationalitySouth Korean
Source of WealthShares 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 birth2003
Source of WealthOwns 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 birth2004
NationalitySouth Korean
OccupationStudent, Investor
Source of Wealth31% 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 birth14th May 2004
Source of WealthEyeglass Business, 12.5% stakes in Delfin and other investments.  
Net Worth$3.9 Billion

Frequently Asked Questions

Who is the youngest Billionaire in the World?

Clemente Del Vecchio

What is the source of wealth for Alexandra and Katharina Andresen?

Alexandra and Katharina Andresen inherited their wealth from their father’s Norway-based investment company, Ferd.

Why is Kylie Jenner not on this list?

As per the latest data from Forbes, Kylie Jenner is no longer a billionaire. Currently, her net worth is around $680 Million.

How old was Clemente Del Vecchio when he became a billionaire?

18 Years old

Who are some other notable young Billionaires?

Ben Francis, Palmer Luckey, Mark Mateschitz, Michal Strnad, Gustav Magnar Witzoe, etc.

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