Who Are the Youngest Billionaires?
The world is made up of a variety of people, and among them are the extremely wealthy. They come from different backgrounds and have achieved success in various endeavors. But, who are the youngest billionaires in the world? Let’s take a closer look at some of the most successful and youngest individuals who are enjoying the billionaire status.
Kylie Jenner – Making History at Age 21
Kylie Jenner is famously known for being part of the Kardashian-Jenner clan, but she has also made a name for herself as the world’s youngest billionaire in March 2019. Jenner is a reality TV star and model, and she is the youngest of all the siblings in the family. She is currently almost 22 and currently has a net worth of 1.3 billion according to Forbes.
Jenner achieved her billionaire status through her own cosmetics brand, Kylie Cosmetics. She started up the brand in 2015 and has since received an incredible amount of success. Within five years, Kylie’s net worth has increased from nothing to 1.3 billion thanks to this endeavor.
Alexandra Andresen – Largest Ever Payment to a Minor
Alexandra Andresen is at the age of 22 and is the daughter of Norwegian billionaire, Johan Andresen. She is currently the co-owner of the Ferd Holding Company alongside her sister. Currently, she has an impressive net worth of 1.4 billion and she achieved this when she was just 19.
When her father retired, she was gifted an incredible stake of Ferd holdings and this made her one of the world’s youngest billionaires ever. This made her the youngest billionaire in the world and also made history when it became the largest ever payment to a minor at the age of 19.
John Collison – Brilliant Co-Founder of Stripe
John Collison is the co-founder of Stripe, a billion-dollar payment processing firm. He is the world’s youngest self-made billionaire at the age of 29 and has a net worth of 2.1 billion. Born into an Irish family, Collison was tutored at the level of genius during his childhood.
His first business success was when he and his brother created a business website for auctions called Shuppa and eventually sold it for 5 million dollars. He then used that money as capital to start Stripe in 2011, and it has since become one of the world’s fastest-growing companies.
Gustav Magnar Witzoe – Norwegian Fishing Magnate
Gustav Magnar Witzoe is a Norwegian billionaire and the youngest of all the existing billionaires. He comes from a family that owned Viking Salmon, a fish-farming and fishing business. Gustav’s father gave away almost half of the family’s shares in the business, and this resulted in a net worth of 2.3 billion for his son.
At just 26 years old, Gustav has been noted as the youngest person to join the ranks of billionaires in the world. He is currently focusing on developing projects to reduce the effects of climate change and he contributes large sums of money to philanthropic initiatives.
The Future of the World’s Youngest Billionaires
We can see that the world’s youngest billionaires come from a variety of backgrounds and have achieved their status in different ways, whether through their own businesses, massive inheritances, or entrepreneurial skills. As the world’s youngest billionaires, we can only guess at the incredible things they may be doing in the future. For now, let’s enjoy the success stories of Kylie Jenner, Alexandra Andresen, John Collison and Gustav Magnar Witzoe and celebrate their achievements in becoming billionaires at such a young age.
