Nineteen-year-old Livia Voigt is the youngest billionaire. This Brazilian teenager's substantial wealth, estimated at around US$1.1 billion, stems from her minority stake in WEG, an electrical equipment company co-founded by her late grandfather. She is currently a university student.
Who Holds the Title and How?
Multiple sources, including Forbes, confirm Livia Voigt as the youngest billionaire as of late 2024. Her wealth is not self-made in the traditional sense, but rather inherited through family holdings in a successful business. This differs from previous "youngest billionaire" titles held by individuals who built their fortunes themselves, such as Kylie Jenner.
While various lists of "youngest billionaires" exist, many of these include individuals in their twenties and thirties, differentiating the ranking from the singular focus on the absolute youngest. Some articles highlight other young billionaires, such as Clemente Del Vecchio, who briefly held the title before being surpassed by Livia Voigt due to a small age difference.
Notable Mentions: Other Young Billionaires
Several other young individuals maintain billionaire status. These lists frequently change due to fluctuating net worths and new entrants. However, some consistently mentioned names include:
- Clemente Del Vecchio: Previously held the title of youngest billionaire.
- Kim Jung-youn: A notable young billionaire on various "youngest" lists.
- Firoz and Zahan Mistry: Sons of the former Tata Group chairperson, Cyrus Mistry.
It's important to note that the precise rankings can shift based on the source and the date of publication, as financial situations are dynamic.