Then there’s Sophie Luise Fielmann, 29, German heiress to Fielmann AG, an eyeglasses fortune left by her father, Günther Fielmann, who died in January at age 84. Kim Jung-youn, the younger daughter of Kim Jung-ju, the founder of Nexon, the global gaming giant, is next on the list. After inheriting a 9% stake in NXC, the parent company of Nexon, she became the fourth youngest billionaire in the world. She is not actively involved in the company’s operations, and not much information about her private lifestyle is known because of her low public profile.
Clemente Del Vecchio – Net Worth: $6.1 billion
Continue reading this blog and check the latest list of Top 10 Youngest billionaires in the world 2025. Alexandr Wang stands out as a self-made billionaire, having built his fortune through his artificial intelligence startup Scale AI, demonstrating that not all young billionaires inherit their wealth. Young billionaires often inherit substantial fortunes but many also expand their wealth through innovative ventures, technological breakthroughs, and strategic investments. These young tycoons come from diverse backgrounds, with industries ranging from pharmaceuticals and tech to luxury goods and gaming. Despite their age, they are already making a significant impact on the global economy, shaping industries and defining future business trends.
Age: 33 Citizenship: Ireland Source of Wealth: Stripe Net Worth: $7.2 Billion
We have covered some of the Best Startup Stories in Dubai, UAE for you to inspire. She and her sister Jung-youn each own approximately 9% of the South Korean-Japanese online gaming publisher Nexon, founded by their late father Kim Jung-ju in 1994. Nexon’s hit role-playing video game MapleStory, released in 2003, helped popularize the free-to-play model whereby users paid only for cosmetic, nonessential accessories for their characters.
- They paid a hefty inheritance tax after their father’s 2022 death in the form of NXC shares that gave the government a 29.3% stake in the company.
- He and his brother Geoffrey, 38, owe their fortunes to the family’s Hong Kong real estate empire.
- By expanding its operations in over 160 countries, the company has reinforced its position as the world’s best-selling chainsaw brand.
- Those assets, plus millions in dividends, make up the bulk of their fortunes.
- SalMar’s share price has soared 800% over the past decade, inflating the younger Witzøe’s wealth along with it.
- Just like his younger brother, he has maintained a low public profile, and his involvement in the company’s business operations is also private.
He was only 19 when his father gifted him nearly half of the fish farming behemoth SalMar. Eleven years later, his dad continues to operate the company while Gustav focuses on real estate and tech startup investments. SalMar’s share price has soared 800% over the past decade, inflating the younger Witzøe’s wealth along with it. He’s now Norway’s fifth-richest person and its biggest taxpayer, having given the government NOK 292.4 million—the equivalent of about $29.6 million—in 2022. Exporting to over 50 countries, SalMar is the world’s second largest salmon farmer.
Trillions are expected to change hands every year as the affluent elderly pass away and leave their fortunes to descendants. Aging billionaires like Charles Koch, 88, and Phil Knight, 86, are currently preparing to pass their inheritances on to their children. Best Startup Story listened to every voice and stood by it, no matter what their position because their stories need to be told. Best Startup Story Dubai welcomes this brave new species of businessmen. It became the greatest platform to glorify entrepreneurship and invention, and encourage and designate the startup ecosystem of the country. As a matter of fact, Best Startup Story has established itself as one of the most significant, trusted, loved, and respected voices in the Dubai entrepreneurship space.
Sophie Luise Fielmann
- WEG exports to over 135 countries and is one of the world’s biggest electric motor manufacturers.
- It became the greatest platform to glorify entrepreneurship and invention, and encourage and designate the startup ecosystem of the country.
- Prior to his father’s death, he’d run the company’s organics division, but resigned because “I do not believe one should be both an employee and a shareholder of the same company,” according to a statement at the time.
- They’re far from the only young billionaires to have joined the list in the past three years due to a father’s passing.
- She and her sister Livia are the youngest granddaughters of Werner Ricardo Voigt, the billionaire cofounder of the Brazilian electrical equipment producer WEG, who died in 2016.
Like her sister Dora, she owns 3.1% of WEG and has pulled in millions from dividends. She is currently enrolled in university and is completing coursework in psychology. He and his Stanford freshman dormmate Stanley Tang teamed up with MBA student Tony Xu (now 39) to launch DoorDash after noticing that the only food delivery options in the area were a local Chinese joint and Domino’s. They founded the company in 2013, while still at Stanford, and took it public in 2020. The average billionaire is 66, and the oldest person in the ranks is 102.
In this article, we explore the Top 10 Youngest Billionaires in the World and the industries that propelled them to incredible wealth at such a young age. The self-taught software engineer made his first fortune when he launched the startup Oculus VR, selling a virtual reality headset he’d made at age 16, then cashed out top 10 youngest billionaires in the world to Facebook in 2014 in a $2 billion deal. In 2017, he founded the defense technology company Anduril, which has been sending drones to Ukraine. His father was a small town scrapyard owner who started out renovating ex-Soviet equipment at the end of the Cold War. He transformed the business into the $3.2 billion (2023 revenue) defense producer Czechoslovak Group, which Strnad has since taken over as owner and CEO.
Age: 33 Citizenship: Japan Source of Wealth: M&A Brokerage Net Worth: $1.9 Billion
In his spare time, Strnad collects art, sports cars and historic vehicles. Best Startup Story is a leading historian and promoter of positive change. We believe in the power of listening to people, and the power of stories to inspire and empower.
Maxim Tebar – Net Worth: $1.1 billion
Now he and Murphy, 35, together own about a quarter of publicly traded Snap Inc., which generated $4.6 billion in revenue last year. In 2022, he paid off the student loan debt for the entire graduating class of the Otis College of Art and Design, where he’d taken classes during high school. This year, the 25 youngest people on the Forbes’ World’s Billionaires list are all 33 or younger. A few are self-made, having built notable companies like Snap (Evan Spiegel, 33), Gymshark (Ben Francis, 31) and Oculus VR (Palmer Luckey, 31). Nineteen until July, and two months younger than Clemente Del Vecchio, she is the world’s youngest billionaire.
Just like her sister, she too has inherited a big stake in NXC after her father’s death. Despite her significant wealth, she enjoys a private lifestyle and not handle company operations directly. Nexon is leading the global online gaming industry and is generating massive wealth for its shareholders.
Just 19 years old and still in college, she’s worth an estimated $1.1 billion thanks to her minority stake in the electrical equipment producer WEG, which her late grandfather cofounded. She and her older sister, Dora Voigt de Assis, 26, are two of seven fresh faces among the 25 youngest billionaires, and two of 18 heirs among this set. For the first time since 2009, every billionaire under 30 inherited his or her fortune—the result of some self-made entrepreneurs aging into their 30s, and a sign that the “great wealth transfer” has begun. Becoming a billionaire at a young age is a remarkable achievement, reflecting not just wealth but also entrepreneurial drive, family legacies, and smart investments. In 2025, a new generation of young billionaires is reshaping the global wealth landscape, spanning continents from Europe and Asia to the Americas.
She and her sister hold 9% stakes in game developer Nexon, mostly through the holding company NXC as well as another called Wise Kids. Those assets, plus millions in dividends, make up the bulk of their fortunes. They paid a hefty inheritance tax after their father’s 2022 death in the form of NXC shares that gave the government a 29.3% stake in the company. Her great-great-great grandfather purchased the tobacco producer Tiedemanns Tobaksfabrik in 1849 and built it into a family cigarette empire that lasted until Andresen’s father sold it in 2005.
The company says it produces enough to feed every Norwegian a nightly fish dinner. They received their minority stakes in Tata after the 2022 death of their father, Cyrus Mistry, who died less than three months after their revered grandfather Pallonji Mistry. She and her sister Livia are the youngest granddaughters of Werner Ricardo Voigt, the billionaire cofounder of the Brazilian electrical equipment producer WEG, who died in 2016. They each own 3.1% of WEG, slightly less than the 3.9% stakes owned by their older cousins Eduardo and Mariana. WEG exports to over 135 countries and is one of the world’s biggest electric motor manufacturers. When they transitioned into sewing and screen printing fitness clothing in Francis’ parents’ garage, their sportswear brand was born.
Though he and his brothers are Irish citizens, they live in Mumbai, where both the SP Group and Tata are based. Maxim Tebar, the fourth-generation heir to the leading German chainsaw manufacturing company, Stihl, is next on the list. This company was founded in 1926 by his great-grandfather, Andreas Stihl, and today that small engineering venture has transformed into a global powerhouse. By expanding its operations in over 160 countries, the company has reinforced its position as the world’s best-selling chainsaw brand. He is the third Del Vecchio sibling and the fourth heir to an eyeglasses fortune among the 33-and-under set. Like his brothers, he owns 12.5% of the holding company Delfin, which has stakes in a range of companies that include the Ray-Ban producer EssilorLuxottica.