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, the world's youngest billionaire, has surpassed Clement Del Vecchio, heir to EssilorLuxottica, who is only two months older than her. – Livia Voigt's wealth comes from being one of the largest individual shareholders of WEG, the largest manufacturer of electrical motors in Latin America.
Who is the youngest billionaire in the world at 19 years old? ›
Livia Voigt: A 19-year-old college student
This 19-year-old Brazilian college student isn't your typical teen. She's the youngest billionaire in the world.
Who is the richest 19-year-old in the world? ›
Synopsis. A 19-year-old Brazilian student, Livia Voigt, claims the title of the world's youngest billionaire, surpassing Italian teen Clemente Del Vecchio. Voigt, heiress to a major electrical motors manufacturer, holds a net worth of $1.1 billion.
Who is the youngest kid billionaire? ›
Clemente Del Vecchio
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.
Who is the billionaire age 19? ›
Who is the youngest billionaire in the world? Livia Voigt and Clemente del Vecchio.
Who is the 20 year old billionaire? ›
Top ten youngest billionaires in the world
| Global Rank | Name | Age |
|---|
| 2159 | Kim Jung-youn | 20 |
| 1097 | Kevin David Lehmann | 21 |
| 682 | Luca Del Vecchio | 22 |
| 2159 | Kim Jung-min | 22 |
6 more rowsMay 7, 2024
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Back in August 2017, Forbes reported that Taylor was worth $280 million. Then in June 2023, Forbes revealed that her net worth had increased to $740 million—up from $365 million in 2020. And now, as of February 2024? Bloomberg reported that Taylor's net worth is officially $1.1 billion.
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Research by Forbes magazine found there were 15 billionaires aged 30 or under but that none had created their own wealth, instead benefitting from huge inheritances.
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Who is the youngest female billionaire? ›
Livia Voigt, a 19-year-old Brazilian psychology student with a net worth of US$1.1 billion as of April 10, is the world's youngest billionaire, according to Forbes.
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.
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