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One person works all his life for his pension, the other is a billionaire before he understands anything about life. These are the world’s youngest billionaires and their net worth.
What is immediately noticeable in the top 5, which is compiled based on estimated assets by a business magazine Forbes, are two South Korean girls. These are the Kim Jung sisters, who owe their wealth to their father Kim Jung-ju, founder of Nexon.
The youngest billionaires in the world
But the world’s youngest billionaire is Italian. Clemente Del Vecchio also owes his insane wealth to his father. A top 5. They are all very careful with their portrait rights, so you just have to google for photos to which we have no rights.
1. Clemente Del Vecchio
Age: 19 years
Assets: 3.8 billion euros
Italian Clemente Del Vecchio is the youngest of six children of Italian businessman Leonardo Del Vecchio. Leonardo is a self-made man. After spending his childhood in an orphanage, he managed to set up the world’s largest eyewear industry company with Luxottica. He left his fortune of 26 billion euros to his children, of which Clemente is the youngest. Read more about Clemente Del Vecchio here.
2. Kim Jung Youn
Age: 20 years
Assets: 1.6 billion euros
Kim Jung-youn is the 20-year-old daughter of Kim Jung-ju, founder of Nexon, South Korea’s largest gaming company. Like her sister two years older, Kim Jung-youn inherited according to Forbes a 30.78% stake in NXC, her father’s personal holding company. South Korea-based NXC is the largest shareholder of Japan-listed Nexon, with a stake of almost 48%. Read more about Kim Jong-youn here.
3. Kevin David Lehmann
Age: 21 years
Assets: 2.3 billion euros
His father, Guenther Lehmann, was one of the first investors in DM, a chain of drugstores à la Kruidvat. He invested in the drugstore in 1974, one year after the first DM opened. At the time he was running his own supermarket chain. The investment earned him billions.
Father Lehmann transferred 50 percent of his shares to Kevin when he was 14 years old. That may seem a bit young, but until Kevin David Lehmann came of age, he couldn’t get his hands on these shares. When the boy finally turned 18 in 2020, he became an instant billionaire. Read more about Kevin David Lehmann here.
4. Kim Jung Min
Age: 22 years
Assets: 1.6 billion euros
Kim Jung-min is the older sister of the number two on the list of youngest billionaires in the world, Kim Jung-youn. She inherited exactly the same amount, but is simply slightly older.
5. Luca Del Vecchio
Age: 22 years
Assets: 3.8 billion euros
Luca Del Vecchio is the older brother of the world’s youngest billionaire, Clemente Del Vecchio. He inherited exactly the same amount, but is simply slightly older.
The top 5 youngest billionaires in the world are compiled based on the real-time Forbes Billionaires List.
