Who is the youngest billionaire

So, you want to know who the youngest billionaire is? As of early 2024, that title belongs to Livia Voigt. She's a Brazilian heiress who just turned 19. Yeah, 19. She's even younger than the last record holders, like Clemente Del Vecchio from Italy and Kim Jung-youn from South Korea. Her money? It's all from her family's big stake in WEG, this massive industrial conglomerate in Brazil. But here's the thing – if we're talking about people who actually built their own fortune, that's a different story. The youngest self-made billionaire is Austin Russell, an American who hit that status at 25 with his company Luminar Technologies. Big difference.

How old is the youngest billionaire in 2024?

Livia Voigt is just 19 years old. Born in 2004. That's wild. When Forbes put out their World's Billionaires list for 2024, she was the youngest person on it. I mean, she's almost a decade younger than most of the other young billionaires out there. Makes you think about what you were doing at 19, right?

Who is the youngest self-made billionaire?

That's Austin Russell. He's the guy behind Luminar Technologies – they make lidar sensors for self-driving cars. He became a billionaire at 25 when his company went public through a SPAC merger back in December 2020. And he's still the youngest self-made billionaire in 2024. There are a few others worth mentioning too, like Ben Francis (he founded Gymshark) and Alexandr Wang (Scale AI). But they're all a bit older than Russell.

How did Livia Voigt become a billionaire?

Look, she didn't exactly earn it. It's inherited wealth. Livia has a minority stake in WEG, this Brazilian company her grandfather and great-uncle started ages ago. They make all sorts of electrical stuff – motors, transformers, that kind of thing. She and her sister Dora both got their shares through a family holding company. Their combined stake is worth over a billion dollars. That's how they ended up on the Forbes list. No startup hustle here.

Who is the youngest billionaire in the world by age in 2024?

By age, it's Livia Voigt. Brazil, 19 years old. Right behind her is Clemente Del Vecchio from Italy – also 19. He inherited from his dad, the late Leonardo Del Vecchio who founded Luxottica. Then there's Kim Jung-youn, from South Korea, she's 20. Her dad founded Nexon, a big video game company. These three are basically the youngest billionaires walking the planet right now. Crazy, huh?

Key Facts and Figures

What to Look for in a Young Billionaire Profile

• Age verification: Double-check the exact birth date against the latest Forbes list. Some sources get this wrong.
• Wealth source: Big difference between inherited and self-made. Don't confuse the two.
• Industry: Is it tech, manufacturing, finance, or something else entirely?
• Geography: These young billionaires tend to cluster in Brazil, Italy, South Korea, and the US.
• Net worth fluctuation: Stock prices change. Their status can shift pretty fast.

Frequently Asked Questions