In this case, Braun inherited 10% of a medical device company called B. Braun Melsungen. But she narrowly missed out on the list because her current net worth is around $900 million. She is worth $1.4 billion and lives in Oslo. 42 of these 71 are self-made billionaires with the rest inheriting their fortunes. 4. Murphy and Stanford fraternity brother Evan Spiegel released Snapchat, the popular disappearing-photo-sharing app, in 2011. New to the 400 list this year is 37-year-old Ernest Garcia III, the cofounder of used-car e-commerce site Carvana. The brothers also inherited their father's stake in Sun Hung Kai Properties. Like his cofounder Gebbia, Chesky is a RISD grad. Get Forbes' daily top headlines straight to your inbox for news on the world's most important entrepreneurs and superstars, expert career advice, and success secrets. Julio Mario Santo Domingo, III, 34, owns a stake in Anheuser-Busch InBev He is worth $2.3 billion and lives in Hong Kong. He later returned to Stanford after dropping out to get his bachelorâs in 2018. The same day, Facebook reported second-quarter results showing that revenue had grown by 28%. (MORE: Kylie Jenner's just 20 and on her way to being the youngest self-made billionaire, Forbes says âI didnât expect anything. Eva Maria Braun-Luedicke, 32, has a 12% stake in B. Braun Melsungen, a medical device company. In 2012, he had the idea to sell cars online, but his bossâhis father, Ernest IIâhad his doubts. He is worth $1.7 billion and lives in New York City. Note: Net worths were calculated using stock prices from September 6, 2019. I'm a proud New Jersey native, Penn alumnus and New York Jets fan. A couple of weeks ago, we looked at the top ten youngest billionaires in the world. Follow me on Twitter @CarterCoudriet and email me tips at [email protected], © 2021 Forbes Media LLC. These rich youngsters are all no more than 30 years old and have gathered together a large fortune. Jonathan Kwok is the fourth-youngest billionaire ⦠Here are the top 20 youngest billionaires and their net worth, listed by age. That list was dominated by people who inherited their wealth. Ernie III âjust doesnât stop,â gushes Ron Josey, managing director at JMP Securities. Geoffrey Kwok, 34, is the oldest son of Walter Kwok, former chairman of Sun Hung Kai Properties a Hong Kong developer. Their home-sharing app sold an equity stake to private investors at a reported $35 billion valuation this year, and Airbnb is expected to IPO in 2020. André Kasprzak, 32, owns shares in ECCO, a Danish shoemaker with his family members, his mother, Hanni, and his sister, Anna. Of them, only 10 are 30 or younger. Black billionaires are individuals who have brown to dark brown skin with a net worth of at least US$1 billion. Family wealth and a surge in entrepreneurs, especially those who founded technology startups, has led to a spate of younger billionaires globally. She took over after the deaths of her father and uncle and has since expanded the California chain to Texas and Oregon. In 2007 Chesky needed money for rent, so he and Gebbia charged a few attendees of a San Francisco design conference to sleep on an air mattress on their apartment floor. Katharina Andresen, 23, also inherited 42% of Ferd, her family's investment company like her sister, Alexandra Andresen. Now, her estimated fortune is $1 billion, and she has replaced Mark Zuckerberg as the youngest self-made billionaire, as he was 23-years-old when earning that title. In the 2019 rankings of the worldâs wealthiest individuals by Forbes magazine, out of 2,153 billionaires in the world, 71 are aged 40 and below. He is worth $1 billion and is a citizen of Denmark. Forbes released its 2020 edition of the World's Billionaires List, which ranks the richest people in the world. Her sister, Katharina Andresen, also inherited an equal stake. I also work on Forbes' daily Alexa briefing. Finalized on March 18, 2020, it ranks the world's 2,095 billionaires by net worth. and all with time ahead to enjoy their fortune. Zuckerberg dropped out of Harvard the same year, though Harvard did award him an honorary doctorate in 2017. Four of those are heirs. He is the grandson of Sam Walton, the founder of Walmart After founding Didi Chuxing, he acquired Uber China in 2016. The two beer giants merged in 2016. Subscribe. The stock has more than doubled since January. Below is the list of the top 20 youngest billionaires and the figures mentioned in the section have been gathered from different sources or platforms around the web/internet, like Investopedia, etc. Two others with wealth tied to Facebook are also among the youngest on The Forbes 400: cofounder Dustin Moskovitz, born eight days after Zuckerberg, ⦠He is worth $3 billion and lives in Kverva, Norway. Heâs an early backer of Spotify and was one of the major forces behind the creation of Opportunity Zones. The richest of the under-40 set is 35-year-old Facebook CEO Mark Zuckerberg, whose fortune grew by $8.6 billion to $69.6 billion this year. With his Jewish ethnicity, he is also the youngest Jewish billionaire in the world along with a few others like Mark Zuckerberg, Nicholas Woodland and Dan Gertler. The computer science grad is now the house-rental platformâs chief strategy officer and the chairman of Airbnb China. He debuted on The Forbes 400 in 2015 at age 25. He inherited a stake in the company from his father. Though Parker left soon after after clashing with investors, he walked away with what later became very valuable stock in the social media firm. Facebook CEO Mark Zuckerberg had become a billionaire at 23 in 2006. He previously worked as an industrial designer in L.A. Garcia launched Carvana as a subsidiary of his dadâs used car retailer DriveTime Automotive, where he was a vice president. A former roommate of cofounder Gebbia, Blecharczyk was tapped to help build an early Airbnb site. Jonathan Kwok, 30, and his brother Geoffrey Kwok run Empire Group Holdings, a property developer in Hong Kong. (BUD) - Get Report . He is worth $1.3 billion and lives in Moscow. Jenner, age 21, is also the youngest billionaire on Earth, displacing Norwegian heiresses Alexandra Andresen, 22, and her sister Katharina, 23, who ⦠(FSLR) - Get Report . The brothers also inherited from their father, Walter, a stake in Sun Hung Kai Properties. Ages are as of October 31, 2019. In March 2019, Forbes estimated that there have been 2,153 billionaires within the world. . In November, John became the youngest billionaire with at least $ 1.1 billion in assets. Andresen, 20 - four before the Crown was taken over by Kylie in 2019. In the 34th annual Forbes list of the world's billionaires, the list included 2,095 billionaires with a total net wealth of $8 trillion, down 58 members and $700 billion from 2019; 51% of these billionaires had less wealth than they possessed last year. This is according to Forbes Billionaires latest rankings. 29-year-old Snap cofounder and CEO Evan Spiegel is the youngest billionaire in the U.S. for 2019. He is worth $2.1 billion and lives in Venice, Calif. Said Gutseriev, 31, has stakes in several coal, oil, retail and financial companies that he received from his father, Mikhail Gutseriev. The number of young billionaires is rising globally. Spiegel, who was born in the U.S., quietly became a dual American-French citizen in ⦠Duncan and his three older siblings, all in their fifties, are heirs to their late fatherâs oil and gas pipeline company, Enterprise Product Partners. The list was finalized as of 18 March, thus was already partially influenced by the COVID-19 pandemic. Santo Domingo is a DJ, spinning for Sheik âNâ Beik, a New York-based electronic music collective. Lukas Walton, Meet The Worldâs 10 Youngest Billionaires In 2020â2021. Thatâs even after Facebook got hit with a record-setting $5 billion fine from the U.S. Federal Trade Commission on July 24 for its treatment of user data. The number of those under 40 on the 2019 list is up one from last year, though still lower than the 23 who made the cut in 2000. You may opt-out by, Reporting on the world's richest movers and shakers. The youngest billionaire is ⦠H youngest billionaires in the World 2020 - one Alexandra Andresen. Heâs also had a hand in overhauling its hiring practices. Many are self-made, but nearly all of them are men. Lukas inherited his stake after his father died in a plane crash in 2005. Parker at 19 founded Napster, the free online music-sharing platform that later faced several copyright lawsuits. The youngest billionaire is only 21 years old, according to data compiled by Forbes. This year, in 2019, Kylie Jenner has usurped Mark Zuckerberg to become the youngest self-made billionaire ever at the age of 21. Santo Domingo now owns a stake in Anheuser-Busch InBev, which merged with SABMiller in 2016. Anna Kasprzak, 29, owns shares in ECCO, a Danish shoemaker with her family members, her mother, Hanni, and her brother, Andre. He is worth 2.9 billion and lives in Hong Kong. A situation many recent grads can relate to: Even after getting dual degrees in graphic design and industrial design from the prestigious Rhode Island School of Design, Gebbia struggled to find a job. Ernie III was able to persuade his father, and today Carvana is a publicly traded, nearly $2 billion-in-sales business. Two years later he cofounded Airbnb, where heâs now chief product officer. They belong on the list of the 10 youngest billionaires. She is worth $1 billion and owns a 100% stake in her cosmetics company, Kylie Cosmetics and lives in Hidden Hills, Calif. Alexandra Andresen, 23, inherited 42% of Ferd, her family's investment company. Airbnb cofounder Blecharczyk says he ran a software business in high school that sold to clients in over 20 countries. Other black billionaires on the 2019 Forbes list included Nigerian businessman Mike Adenuga with ⦠Three of I am a reporter on the Forbes wealth team, covering the world's richest people. Christopher Kwok, 33, and his brother, Jonathan Kwok, run Empire Group Holdings, a property developer in Hong Kong. It would be even better to be a billionaire before the age of 30. Evan Spiegel, 28, is the founder of Snapchat In high school, Spiegel promoted Red Bull as an intern. Top 10 Youngest Billionaire In The World 2020- Currently, there are over 2,000 billionaires according to Forbes magazine.In this article, we take a look at the Youngest Billionaires in The World 2020. Jihan Wu, 33, is the co-founder and co-CEO of Bitmain Technologies, a Chinese mining-chip behemoth. She is worth $1 billion and lives in Haderslev, Denmark. Ludwig Theodor Braun, 29, has a 10% stake in B. Braun Melsungen, a medical device company. He scored a meeting with Mark Zuckerberg in 2004 and became Facebookâs first president, though he didnât stay long. He is worth $17.8 billion and lives in Jackson, Wyoming. Jonathan Kwok. He inherited the company after his father, Vichai Srivaddhanaprabha, died. Jenner is the worldâs youngest self-made billionaire followed by John Collison (28). He is worth $2.1 billion and lives in Los Angeles. I'm a proud New Jersey native, Penn alumnusâ¦, I am a reporter on the Forbes wealth team, covering the world's richest people. The other nine launched companies that operate digitallyâtransforming activities such as how we communicate with friends and the way to buy a used car. (SNAP) - Get Report , a social media company. All Rights Reserved, This is a BETA experience. According to the 2019 Forbes 2019 ranking of the world's billionaires, Nigerian business magnate Aliko Dangote had a net worth of $10.9 billion and was the world's richest black man. Albert von Thurn und Taxis, the 12 th prince in his family line, inherited his fortune in 2001 but first appeared on Forbesâ billionaire list at the age of eight after his father Johannes died in 1990. (WMT) - Get Report . She is worth $1.2 billion and lives in Melsungen, Germany. She is the youngest daughter of Johan Henrik Andresen, who is one of the richest men in Norway. The Snapchat cofounder is one of the youngest CEOs of a publicly-traded company in the world. Bobby Murphy, 31, is a co-founder of Snapchat, a social media company. Aiyawatt Srivaddhanaprabha, 34, is CEO of King Power, an airport duty-free empire in Thailand. I also work on Forbes' daily Alexa briefing. Prior to that he did a short stint in investment banking. Patrick Collison, 30, is co-founder of Stripe, a payments company. She was the reigning billionaire for three years since And to top that she was just 19 years old at that time. There are 2,095 billionaires in the world this year. Sheâs been president since 2010 and has stuck to In-N-Outâs classic menuâother than adding hot chocolate in 2018. The number ⦠Born to a Jewish family in the United States, Dustin Moskovitz is the youngest self-made billionaire on Earth. TV star Kylie Jenner, who is just 21, was on the cusp of becoming the worldâs youngest self-made billionaire. âThat we didnât ever look to the left and the right to see what everyone else is doing, cut corners or change things drastically or compromise.â. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Net Worth: $1.7 Billion The first youngest billionaire in the world to be featured on our list is Julio Mario Santa Domingo, III. 19/20 Ludwig Theodor Braun - 29 years old. âI wasnât sure people would buy a used car online without seeing it,â Ernie II says. Now Forbes has released its 2019 Billionaires List, and it has crowned entrepreneur and celebrity Kylie Jenner as the worldâs youngest âself-madeâ billionaire. He studied environmentally sustainable business at Colorado College, then joined the family foundation, where he heads up its environment program committee. He is worth $1.5 billion and lives in Beijing. Family wealth and a surge in entrepreneurs, especially those who founded technology startups, has led to a spate of younger billionaires globally. Jonathan Kwok â 30 years old The 10 billionaires under 30 have a collective net worth of $16.3 billion. Two others with wealth tied to Facebook are also among the youngest on The Forbes 400: cofounder Dustin Moskovitz, born eight days after Zuckerberg, and 39-year-old Sean Parker, who at 24 became Facebookâs founding president. The 28-year-old is another blessed child to receive an inheritance worth over a billion. For the second year in a row, Spiegel is the only Forbes 400 member in his 20s. 2020. He is worth $1 billion and lives in Melsungen, Germany. It would be great to be a billionaire. and Ernie has surrounded himself with a group of really smart operators.â, Another trio of thirtysomething tech mogulsâAirbnb cofounders Nathan Blecharczyk, Brian Chesky and Joe Gebbiaâappear on The Forbes 400 for the fifth time. Walmart heir Lukas Walton is the richest billionaire under age 35, with a net worth of $18.4 billion. After rallying in 2019, Snap stock is down 50% since the start of the year. Duncan is not involved with the firm; his eldest sister, Randa Duncan Williams, chairs the publicly traded company. The 21-year-old Kylie Cosmetics mogul was estimated to surpass Facebookâs Mark Zuckerberg as the youngest self-made billionaire ever in ⦠Alexandra Gamleshauh Andresen was born in 1996 and she is the youngest billionaire 2020 in the world with net worth of $1.2 billion. . The ultimate dorm-room entrepreneur launched Facebook in 2004. She became the worldâs youngest billionaire at age 19 in 2016 and held the position of youngest billionaire on Forbes list for three consecutive years. Lukas Walton also owns stakes in Arvest Bank and First Solar One month in, the social network expanded to Stanford, Yale and Columbia; by the end of the year, it had one million users. âI felt a deep call to make sure that I preserve those things that [my family] would want,â she told Forbes. Andresen is the daughter of Norwegian industrialist Johan H. 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