This is how the 5 youngest billionaires in America spend their time and money
Kylie Jenner, the world's youngest billionaire at 22, has a net worth of $1 billion. She spends much of her fortune on luxury cars, vacations with her daughter, Stormi Webster, and accessories like handbags.
According to E! News, the 22-year-old at one time owned four homes, including three in Hidden Hills, California.
Source: E! Online, Instagram
For her 22nd birthday, the makeup mogul chartered a $200 million yacht named Tranquility.
According to the charter listing, Tranquility costs €1.1 million (over $1.2 million) per week to rent.
Source: Instagram, Business Insider
Jenner also spends plenty of money doting on her 1-year-old daughter, Stormi Webster.
In November, Jenner gave fans a brief "tour" of Stormi's playroom, showing off the baby's monogrammed Louis Vuitton bag and set of decorative skateboards reportedly worth over $12,000.
More recently, Jenner posted about the Fendi stroller and matching Fendi diaper bag she'd bought for her daughter, both reportedly costing thousands of dollars.
Evan Spiegel, 29, has a net worth of $3.6 billion. He's the cofounder and CEO of Snap Inc., the company that owns wildly popular social media platform Snapchat.
According to Forbes, Spiegel is "one of only three self-made billionaires in the world under the age of 30."
Source: Business Insider, Forbes
Spiegel is married to model Miranda Kerr. The two live in a 7,164-square-foot $12.5 million home in Brentwood, California.
Source: Business Insider
They also reportedly own a 1,700-square-foot cottage in Malibu, which Kerr bought for $2.15 million after she first moved to Los Angeles.
The home is eco-friendly, and has a machine that produced sustainable water for the whole house.
Source: Hollywood Reporter, Business Insider, Instagram
Spiegel proposed to Kerr in 2016 with a 2.5 carat diamond ring that reportedly cost nearly $100,000. They married in 2017, and Kerr wore a custom made Christian Dior couture wedding gown.
Source: Business Insider, Instagram, Instagram
The pair reportedly had their honeymoon at a resort in Laucala, a private island in Fiji. One night at one of the 25 villas costs between $6,000 and $60,000, with a minimum stay of at least four nights.
Some sources, however, report that Spiegel and Kerr stayed at the owner's home instead.
Source: Business Insider, Instagram
After Snap went public, Spiegel took a "bro trip" on a superyacht that costs $967,415 per week. He reportedly sailed to Italy and Greece.
He also bought himself a Ferrari in 2015.
Source: Business Insider
Then there is 31-year-old Bobby Murphy, chief technology officer of Snap Inc. He has a net worth of $3.7 billion. Along with Spiegel, he cofounded Snapchat.
Source: Forbes
Forbes reports that Murphy has spent more than $30 million on real estate in Pacific Palisades and near Venice Beach, where Snap Inc.'s headquarters is located.
Source: Forbes
In 2018, he spent $19.5 million on a Palisades home once owned by actor Eddie Albert. A year later, he bought the 4,432-square-foot home next door for $9.5 million. According to Variety, sources say Murphy is hoping to build a bigger estate.
Source: Variety
Murphy also owns a $6 million home elsewhere in the Palisades, a $2.26 million home in Venice, a $2.1 loft near Venice, a $2.1 million home in Santa Monica, and a $5 million home in Venice.
Source: Variety
Lukas Walton, 33, has a net worth of $18.2 billion. He is a grandson of Sam Walton, best known as the founder of Walmart. He inherited his fortune after his father died in a plane crash.
Walton also owns stakes in First Solar and Arvest Bank. He is chair of the environmental program committee at his family's foundation, where he has donated nearly $149 million. He currently lives in Jackson, Wyoming.
Source: Forbes
Walton, like many of the other ultra-wealthy Walmart heirs, is pretty private about his life. A 2015 profile about him revealed he was raised in National City, California, where the median income is $30,000 per the 2000 census. He also attended Colorado College where he received a bachelor's in "environmentally sustainable business" — a major he created.
Despite his discrete personal life, according to New York Magazine, he has voting rights on his family's holding company board, Walton Enterprises, which still holds a 50.2% stake in Walmart.
Source: NYmag, Walton Family Foundation
Thirty-four-year-old Julio Mario Santo Domingo III has a net worth of $1.9 billion. He is a disc jockey, and formed Sheik n' Beik Entertainment in 2013 with Herve Larren.
His wealth comes from his grandfather, who once controlled the entire beer industry in Colombia.
Source: Page Six
In 2015, Larren sued Santo Domingo, claiming that Santo Domingo used him for business connections, then excluded him from the earnings for a Florida music festival. Larren filled a $37.8 million lawsuit in New York.
Source: Page Six
Larren alleged that Santo Domingo persuaded him to leave his job at LVMH to help launch Santo Domingo's DJ career.
According to Larren, Santo Domingo used Larren's connections from LVMH, as Larren helped Santo Domingo secure DJ jobs in Paris, London, Monaco and Ibiza.
Source: Page Six
Before the Florida music deal, Santo Domingo fired Larren, accusing him of embezzlement.
Santo Domingo had sued Larren, alleging that Larren took a $1.8 million loan from him (reportedly meant to help launch an online charity auction company), then spent it on his "extravagant lifestyle" instead.
Source: Page Six
Other than legal disagreements with his former business partner, Santo Domingo seems to live a pretty charmed, but otherwise private-from-the-public life.
His brother-in-law is Andrea Casiraghi, a Monegasque prince. His uncle is Alejandro Santo Domingo, chairman of the Santo Domingo Group, who has a net worth of nearly $4 billion.
In 2016, he married reporter Nieves Zuberbühler in a Halloween-themed wedding. The ceremony was held at the Visitation of the Blessed Virgin Mary Parish in Red Hook, Brooklyn.
He lives in New York City, while his wife is a working reporter. Her last Instagram posts show her traveling the world.
Source: Instagram
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