Forbes has released its 2024 World’s Billionaires List, featuring 2,781 names. Among them are some of the youngest billionaires in the world, all born into wealth. Below are the youngest individuals on this list, all under the age of 20.
Clemente Del Vecchio is a 19-year-old billionaire who inherited his wealth from his father, Leonardo Del Vecchio, who founded EssilorLuxottica. Clemente owns a 12.5% stake in Delfin, a holding company based in Luxembourg that he inherited from his father after his passing in 2022. Delfin also has shares in various large companies, including banks. Clemente was previously the youngest billionaire at just 18 years old but lost that title to Livia Voigt.
Livia Voigt is also just 19 years old and is the main shareholder of WEG Industries, a Brazilian company known for manufacturing electric motors. The company was founded by her grandfather Werner Ricardo Voigt in 1961 and has since grown into one of Brazil’s largest companies. Despite being so young, Livia has already made a significant impact on her family business and is set to inherit an enormous fortune when she takes over as CEO later this year.
Forbes reports that there are currently 25 billionaires on their list who are aged between 33 and under, with a collective net worth of $110 billion. Most of these young billionaires did not create their wealth themselves but instead inherited it from their families or were lucky enough to be born into it. However, there are a few exceptions to this rule – some older than 30 who created their own fortunes through hard work and dedication.
More information about the youngest billionaires on Forbes’ list and the methodology used to calculate their net worth can be found on Forbes’ official website.
In conclusion, while many young people dream of becoming successful entrepreneurs or business leaders someday, being born into wealth can significantly increase one’s chances of achieving such dreams at an early age