SAN DIEGO, Calif. (KSWB/KUSI) — There are 2,781 names on the World’s Billionaires List for 2024, according to Forbes, and the youngest of the richest were born into wealth.
But who are these teenage billionaires and what empires are behind their names?
Below are the two youngest people on Forbes’ list — and the only ones under 20 years old.
Clemente Del Vecchio
Del Vecchio, 19, owes his net worth to his father Leonardo Del Vecchio, the founder of EssilorLuxottica, the world’s largest producer and retailer of glasses and frames. The younger Del Vecchio currently owns a 12.5% stake in Delfin, a Luxembourg-based holding company, which he inherited upon his father’s death in 2022.
Delfin also owns shares in other large companies, including multiple banks.
Clemente was at one time the world’s youngest billionaire (at the age of 18), but he has since aged out of that title, which is now held by Livia Voigt.
Livia Voigt
Voigt, 19, is the leading shareholder of WEG Industries, a Brazil-based manufacturer of electric motors, according to Forbes. Her grandfather, Werner Ricardo Voigt, cofounded WEG in 1961.
Forbes’ profile of Voigt says she’s currently a student, and has no active role in the company.
Including Del Vecchio and Voigt, Forbes determined there to be 25 billionaires on the 2024 list ages 33 or younger, with a combined net worth of $110 billion. Very few, however, were self-made, aside from a handful over the age of 30, Forbes estimated.
A complete list of the youngest billionaires on Forbes’ list, and more on the methodology used to calculate their worth, can be found at Forbes’ official site.
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FAQs
Livia Voigt
Who is the 19 year old world's youngest billionaire? ›
Meet World's Youngest Billionaire: Livia Voigt
Holding the position of the largest individual shareholder at WEG, a company co-founded by her grandfather, Werner Ricardo Voigt, Livia's ascent to billionaire status has garnered attention.
Who is the richest 19 year old in the world? ›
The youngest billionaire in the world is Brazil's Livia Voigt. Just 19 years old and still in college, she's worth an estimated $1.1 billion thanks to her minority stake in the electrical equipment producer WEG, which her late grandfather cofounded.
Who is the youngest billionaire scale? ›
Scale AI Cofounder Alexandr Wang Regains World's Youngest Self-Made Billionaire Title. Wang is once again a billionaire after he announced his artificial intelligence unicorn raised $1 billion at a $13.8 billion valuation Tuesday. I write about the world's richest people and their businesses.
How did Clemente Del Vecchio make his money? ›
Clemente Del Vecchio is one of six children of Leonardo Del Vecchio, the late chairman (d. 2022) of EssilorLuxottica, the world's largest eyeglasses firm. He inherited a 12.5% stake in his father's Luxembourg-based holding company Delfin after his death, along with his stepmother and six siblings.
Who is the 19 year old millionaire girl? ›
Livia Voigt
WEG was was cofounded by her grandfather, Werner Ricardo Voigt, along with late billionaires Eggon Joao da Silva and Geraldo Werninghaus. As explained by Forbes, WEG had revenues of approximately $6 billion US dollars in 2022. It's publicly-traded and multinational with factories in over 10 countries.
Who is the number 1 youngest billionaire? ›
Dora Voigt d Assis is the older sister of Livia Voigt de Assis, the youngest billionaire on this list. She is also one of the largest individual shareholders of WEG, the largest manufacturer of electrical motors in Latin America. Dora graduated from an architecture college in 2020.
Who is the 15 year old millionaire boy? ›
This 15 year old has $20 million?! I found a 15-year-old kid in SF who's playing with millions of dollars. He built a company in the bathroom of his high school, raised a $20m fund, and is now a CEO. This is the story of Eric Zhu!
What is the net worth of a 19 year old? ›
Early Adulthood. If you are between the ages of 18-24, the average net worth is approximately $28,707 and the median net worth is approximately $8,216. Even in this age group, the average net worth by age is skewed toward the high end.
Who is the 19 richest person in the world? ›
BI India Bureau
| Rank | Name | Company |
|---|
| 17 | Carlos Slim Helu | America Movil |
| 18 | Gautam Adani | Adani Enterprises |
| 19 | Jim Walton & family | Walmart |
| 20 | Rob Walton & family | Walmart |
16 more rowsJun 12, 2024
And now, as of February 2024? Bloomberg reported that Taylor's net worth is officially $1.1 billion.
Are all billionaires under 30 inherited? ›
The 25 youngest people on the Forbes' World's Youngest Billionaires of 2024 list are all 33 or younger and worth $110 billion together. Some are self-made, but for the first time in more than 15 years, every billionaire under 30 inherited their fortune.
Who is the youngest self-made billionaire in us? ›
Austin Russell of Luminar Technologies Remains the Youngest Self-Made Billionaire.
Was Roberto Clemente rich or poor? ›
Born in the San Anton barrio of Carolina, a small town on the island, Clemente grew up in a family that was relatively poor, at least based on the economic standards of today. The large-but-crowded wooden house included Clemente, who was one of eight children.
What is Clemente's net worth? ›
startupsmedia | At just 19 years old, Clemente has amassed a staggering net worth of $4 billion, making him the youngest billionaire to capture widespread...
Who is the youngest billionaire in Korea? ›
Meet the world's new youngest billionaire: South Korea's Kim Jung-youn, 18, overtook Kevin David Lehmann in net worth after the death of her dad Kim Jung-ju, founder of online gaming company Nexon. Gaming heiress Kim Jung-youn is officially the world's youngest billionaire.
How old was Mark Zuckerberg when he became a billionaire? ›
Zuckerberg took the company public in May 2012 with majority shares. In 2008, at age 23, he became the world's youngest self-made billionaire. He has since used his funds to organize multiple donations, including the establishment of the Chan Zuckerberg Initiative.
How many billionaires are there in 2024? ›
2024. The 38th annual Forbes list of the world's billionaires found a record 2,781 billionaires with a total net wealth of $14.2 trillion.
Who is the richest woman in the world? ›
Françoise Bettencourt Meyers
With an eye-watering net worth of $99 billion, Francoise Bettencourt Meyers, a French businesswoman and philanthropist, is the richest woman in the world.
