Business
Youngest Billionaires in the World in 2023 Forbes[Latest list]
Everyone in the world has a special gift. While some learn about it when they’re young, others learn about it later. In some cases, people aspire to be musicians, actresses, surgeons, engineers, or business titans, and with the right support and training, they can reach their potential.
Wealth can be achieved in a few years or for a lifetime for some people. Young people around the world have amassed substantial fortunes; some independently, while others inherited them.
Below is a list of the top 10 youngest billionaires in the world with their current net worth on Forbes in 2023
10. Alexandr Wang
Net Worth: $1B
Age: 26
Source of Wealth: artificial intelligence, Self Made
Alexandr Wang is the CEO and co-founder of Scale AI, a startup that helps companies use their raw data for AI and machine learning.
At 25, Wang became the youngest self-made billionaire in the world.
His company, Space AI provides services for top clients like General Motors and Flexport.
9. Katharina Gamlemshaug Andresen
Net Worth: $1.2B
Age: 27
Source of Wealth: investments
Kathrina is the daughter of Johan H. Andresen Jr., owner of Ferd AS. In 2017, Kathrina and her sister, Alexandra, received enormous wealth from the ownership stake transfer to them by Johan.
As of 2020, Kathrina became the world’s third-youngest billionaire.
8. Alexandra Andresen
Net Worth: $1.2B
Age: 26
Source of Wealth: investments
Alexandra Gamlemshaug Andresen is a 26 years old Norwegian heiress billionaire. She became a billionaire at 19 when she and her sister Kathrina got a share of their inheritance from their family company, Ferd.
According to Forbes, Alexandra held the position of the world’s youngest billionaire for three years in a row.
7. Henrique Dubugras
Net Worth: $1.5B
Age: 27
Source of Wealth: fintech, Self Made
Henrique Dubugras is co-CEO of Brex. He met Pedro Franceschi, the co-founder of Brex, through a Twitter argument in 2012.
His company, Brex, is responsible for overhauling corporate credit cards.
Henrique, alongside Pedro, launched another startup, Pagar.me, in 2013
6. Wang Zelong
Net Worth: $1.5B
Age: 26
Source of Wealth: chemicals
Wang is the youngest billionaire in Asia. The young billionaire inherited stakes in CNNC Hua Yuan Titanium Dioxide and Lomon Billions Group; both produce titanium dioxide in China.
Wang’s company produces titanium dioxide pigment, a white pigment used in coatings, plastics and ink.
Despite his wealth, Wang has kept a very low profile.
5. Pedro Franceschi
Net Worth: $1.5B
Age: 26
Source of Wealth: fintech, Self Made
Pedro is the cofounder of Brex alongside Henrique Dubugras, whom he met through an argument on Twitter.
As of January 2022, Brex is valued at $12.3 billion.
4. Ryan Breslow
Net worth: $2B
Age: 28
Source of Wealth: e-commerce software, Self Made
Ryan, a dropout student at Stanford, sits in the fourth spot of the youngest billionaires in the world, with a net worth of $2 billion.
He amasses his wealth from Bolt, a company he cofounded
His company provided services for top companies like BlackRock, General Atlantic and SAP.
As of 2022, his company is valued at $11 billion.
3. Kevin David Lehmann
Net worth: $2.4B
Age: 20
Source of Wealth: drugstores
Kevin amasses his wealth from his 50% share in drogerie markt (dm), a leading German drugstore. He generates annual revenue of about $12 billion.
The drugstore has outlets in about 3,700 locations.
2. Gustav Magnar Witzoe
Net Worth: $3.1B
Age: 29
Source of Wealth: fish farming
Gustav is a Norwegian billionaire and a shareholder of salmon fish farming company SalMar ASA, one of the world’s largest salmon producers.
When Witzoe Junior was barely 19, his father granted him a 47% interest in the fishing company SalMar ASA, turning him into one of the world’s youngest billionaires.
1. Gary Wang
Net worth: $4.2B
Age: 29
Source of Wealth: cryptocurrency exchange, Self Made
Gray Wang is the cofounder of Alameda and crypto exchange FTX, a leading marketplace for buying and selling crypto derivatives.
Despite his enormous wealth of about $4.2billion net worth, Gary has kept a very low profile and shied away from the press.
Wang’s fortune is tied to a 16% stake in FTX and a share of its FTT tokens.
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The information in this article was curated from online sources. NewsWireNGR or its editorial team cannot independently verify all details.
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