Who are the top 10 youngest billionaires in the world in 2024? Clemente Del Vecchio of Italy is the youngest richest person in the world at just 19 years old. His 22-year-old brother Luca Del Vecchio is also included in this list of top 10 young billionaires.
In addition, the list of top 10 youngest billionaires in the world includes people who have inherited a lot of wealth or who have made their fortunes through entrepreneurship. Check out the list of top 10 youngest billionaires in 2024 here!
10. Firoz Mistry – $4.9 billion
Age: 27 years
- Net Worth: $4.9 billion
- Country: Ireland
Firoz Mistry is a 27-year-old billionaire from Ireland with a net worth of $4.9 billion. He inherited his wealth from his father Cyrus Mistry, who was the former chairman of Tata Sons. Cyrus Mistry died in a car accident in 2022, after which Firoz and his brother Zahan acquired an 18.4% stake in Tata Sons.
In addition, the company’s stake gives them the power to make important decisions in many subsidiaries of the Tata Group, allowing them to influence the strategic direction of the group. Firoz and his brother are among the youngest and wealthiest people in the world in 2024.
Firoz Mistry is actively involved in his family business and is also playing an important role in the operations of the Shapoorji Pallonji Group. The Shapoorji Pallonji Group is a leading construction and engineering company with a major influence globally.
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09. Dora Voigt de Assis – $1.1 billion
Age: 26 years
- Net Worth: $1.1 billion
- Country: Brazil
Dora Voigt de Assis is a young Brazilian billionaire with a net worth of $1.1 billion. She derives her wealth from her family stake in WEG, a leading electrical equipment manufacturer.
Additionally, WEG was founded by her grandfather Werner Ricardo Voigt, and the company is considered the largest electrical motors manufacturer in Latin America. Also, WEG’s steady growth and international expansion have put Dora on the billionaires list, keeping her financial position strong.
Dora Voigt de Assis is not only a major shareholder of WEG, but she also has a significant role in the company’s operations. Dora’s wealth symbolizes WEG’s global presence and stability, and shows how the legacy of a family business can bring financial and business success to the next generation.
08. Zahan Mistry – $4.9 billion
Age: 25 years
- Net Worth: $4.9 billion
- Country: Ireland
Zahan Mistry, a 25-year-old billionaire from Ireland, has a net worth of $4.9 billion making him one of the youngest richest person in the world in 2024. He inherited his wealth from his father Cyrus Mistry, who was the former chairman of Tata Sons. Cyrus Mistry died in a car accident in 2022, after which Zahan acquired an 18.4% stake in Tata Sons.
Apart from this, Zahan also holds a significant stake in the Shapoorji Pallonji Group, which is a leading company in the field of construction and engineering. Also, Zahan Mistry is not only actively involved in his family business, but he is also playing a key role in the growth and expansion of the Shapoorji Pallonji Group.
The company plans to take Afcons Infrastructure public, which is expected to raise $850 million. Zahn’s wealth is the result of his family inheritance and his active management, making him and his brother among the youngest and wealthiest people in the world.
07. Kim Jung-min – $1.4 billion
Age: 22 years
- Net Worth: $1.4 billion
- Country: South Korea
Kim Jung-min is a 22-year-old South Korean billionaire with a net worth of $1.4 billion. She is the seventh youngest richest person in the world in 2024. Along with her sister Kim Jung-youn, she has also inherited his wealth from his father Kim Jung-joo, who was the founder of the Nexon company.
In addition, Kim Jung-min owns an 18% stake in Nexon, which has put her on the list of young billionaires. Also, Kim Jung-min owns high-level wealth despite her youth, but she is not directly involved in the daily operations of the company.
Nexon has developed and published several popular online games, including MapleStory and Dungeon Fighter Online. Kim Jung-min’s wealth symbolizes his family’s legacy and Nexon’s global success, and shows that the younger generation is now also playing an important role in large-scale industries.
06. Remi Dassault – $2.5 billion
Age: 22 years
- Net Worth: $2.5 billion
- Country: France
22-year-old Remy Dassault is the sixth youngest richest person in the world in 2024. He was born in France and is a fourth-generation member of the Dassault family, whose wealth came from Dassault Aerospace and software companies.
Remy’s father Olivier Dassault was a famous politician and entrepreneur who died in a helicopter crash in 2021. Remy has inherited a huge fortune from his father, including a stake in Dassault Aerospace.
In addition, Remy’s wealth includes his family’s various business stakes and investments, making his net worth $2.5 billion. Also, Remy’s family does big business not only in the aerospace industry but also in media and vineyards.
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05. Luca Del Vecchio – $4.7 billion
Age: 22 years
- Net Worth: $4.7 billion
- Country: Italy
One of the youngest billionaires in the world, Luca Del Vecchio inherited his wealth from his late father Leonardo Del Vecchio. His father was the founder and chairman of EssilorLuxottica, the world’s largest eyewear company.
He also inherited a 12.5% stake in his father’s holding company Delfin in June 2022, following the death of his father Leonardo Del Vecchio. Along with this, he also got shares in other companies like insurer Generali, banks Mediobanca and UniCredit and real estate developer Covivio.
At just 22 years old, Luca Del Vecchio is not only one of the youngest billionaires in the world but is also actively involved in business. Unlike his younger brother Clemente, who has a keen interest in science and technology, Luca holds the position of Chief Strategy Officer at EssilorLuxottica.
04. Kevin David Lehmann – $3.3 billion
Age: 21 years
- Net Worth: $3.3 billion
- Country: Germany
Kevin David Lehmann is a 21-year-old German billionaire with a net worth of $3.3 billion. He inherited his wealth from his father, Gunther Lehmann, who owned a 50% stake in Germany’s leading drugstore chain, Drogerie Markt (DM).
DM is one of the largest drugstore chains in Europe and has annual revenues of over $14 billion. Kevin inherited his father’s stake at the age of 18, making him one of the youngest billionaires in the world.
Moreover, Kevin David Lehmann owns a high-profile fortune despite his youth, but he is not directly involved in the company’s daily operations. Kevin’s story demonstrates how family business legacy and good management can make young people extremely wealthy.
03. Kim Jung-youn – $1.4 billion
Age: 20 years
- Net Worth: $1.4 billion
- Country: South Korea
Kim Jung-youn is South Korea’s youngest billionaire with a net worth of $1.4 billion according to Forbes. She inherited her wealth from her father Kim Jung-joo, who was the founder of the Nexon company. Also, Nexon is a leading video game company, which was founded in South Korea but is now headquartered in Japan.
After Kim Jung-joo’s death in 2022, Kim Jung-eun and her sister Kim Jung-min received a large portion of their father’s wealth. Which has made Kim Jung-youn the third youngest richest person in the world in 2024. Also, the success and global presence of the Nexon company has made Kim Jung-eun a part of this young billionaire list.
In addition, the Nexon company has developed and published many popular online games, including MapleStory and Dungeon Fighter Online. Kim Jung-youn’s wealth symbolizes her family’s legacy and Nexon’s global success.
02. Livia Voigt – $1.1 billion
Age: 19 years
- Net Worth: $1.1 billion
- Country: Brazil
Livia Voet, a 19-year-old Brazilian, has become one of the youngest billionaires in the world, with a net worth of $1.1 billion. She inherited her wealth from her family stake in WEG, a leading electrical equipment company based in Brazil.
Livia Voet’s significant stake in this successful company has put her on the billionaires list. Also, despite her young age, Livia Voet’s involvement in her family business shows that young billionaires are taking on important roles in large companies.
Furthermore, the growth and expansion of WEG has played a significant role in Livia Voet’s financial position. Founded in 1961, the company has constantly innovated and expanded its range of products to include automation and control products, power transmission and distribution equipment, and industrial coatings.
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01. Clemente Del Vecchio – $4.7 billion
Age: 19 years
- Net Worth: $4.7 billion
- Country: Italy
Heir to the Luxottica empire, Clemente Del Vecchio is set to become the youngest richest person in the world in 2024, with a net worth of $4.7 billion. He inherited a 12.5% stake in his father’s holding company Delfin in June 2022, following the death of his father Leonardo Del Vecchio.
His father Leonardo Del Vecchio founded Luxottica, which owns brands such as Ray-Ban, Oakley, and Persol, as well as retail chains such as Sunglass Hut and Lenscrafters. In 1961, he founded Luxottica, which later acquired several major eyewear brands and retailers.
Also, Leonardo Del Vecchio’s journey from poverty to building one of the world’s largest eyewear companies is extremely inspiring. Upon his death, his $25.5 billion fortune was distributed among his six children and his second wife, making Clemente and his brother Luca among the world’s youngest billionaires.
