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Meet the youngest billionaires in the world

Apr 8, 2020, 22:14 IST
  • Forbes has released its 34th annual World's Billionaires List. Finalized on March 18, 2020, it ranks the world's 2,095 billionaires by net worth.
  • For the second year in a row, Kylie Jenner has the title of world's youngest billionaire.
  • Walmart heir Lukas Walton is the richest billionaire under age 35, with a net worth of $18.4 billion.
  • Of the 15 youngest billionaires, six are women, four are American, and nine are European. They span ages 22 to 33, and only four are under the age of 28.
  • Here are the 15 youngest billionaires in the world, from oldest to youngest.
  • Visit Business Insider's homepage for more stories.

15. Eva Maria Braun-Luedicke

Age: 33

Net worth: $1.2 billion

Country of residence: Germany

Source of wealth: Medical technology

Braun-Luedicke owns 12% of B. Braun Melsungen, a medical device company.

Source: Forbes

14. Lukas Walton

Age: 33

Net worth: $18.4 billion

Country of residence: United States

Source of income: Walmart fortune

Walton is a board member and the Environment Program Committee Chair of the Walton Family Foundation.

Source: Forbes

13. Bobby Murphy

Age: 31

Net worth: $1.9 billion

Country of residence: United States

Source of wealth: Snapchat

Murphy is the cofounder and CTO of multimedia messaging app Snapchat.

Source: Forbes

12. Patrick Collison

Age: 31

Net worth: $3.2 billion

Country of residence: Ireland

Source of wealth: Payment software

Collison is the cofounder and CEO of Stripe, an online payment processing platform for internet businesses.

Source: Forbes

11. Ludwig Theodor Braun

Age: 30

Net worth: $1 billion

Country of residence: Germany

Source of wealth: Medical technology

Braun, like his sister, owns 10% of B. Braun Melsungen, a medical device company.

Source: Forbes

10. Lisa Draexlmaier

Age: 29

Net worth: $1 billion

Country of residence: Germany

Source of weath: Auto parts

Draexlmaier is the sole owner of auto parts maker Fritz Draexlmaier Holding GmbH.

Source: Forbes

9. Pedro de Godoy Bueno

Age: 29

Net worth: $1.1 billion

Country of residence: Brazil

Source of wealth: Health insurance

Bueno is CEO of Diagnosticos da America SA, a Brazilian laboratory firm.

Source: Forbes

8. Evan Spiegel

Age: 29

Net worth: $1.9 billion

Country of residence: United States

Source of wealth: Snapchat

Spiegel is the cofounder and CEO of messaging app Snapchat.

Source: Forbes

7. John Collison

Age: 29

Net worth: $3.2 billion

Country of residence: Ireland

Source of wealth: Payments software

Collison is the cofounder and CEO of Stripe, an online payment processing platform for internet businesses.

Source: Forbes

6. Elisabeth Furtwaengler

Age: 28

Net worth: $1.2 billion

Country of residence: Germany

Source of wealth: Publishing

Furtwaengler owns 25% of Burda Media Group, which is owned by her father, Hubert Burda.

Source: Forbes

5. Jonathan Kwok

Age: 28

Net worth: $2 billion

Country of residence: Hong Kong

Source of wealth: Real Estate

Jonathan Kwok is a director at Empire Group Holdings, a property development and investment company.

Source: Forbes

4. Gustav Magnar Witzoe

Age: 26

Net worth: $2.3 billion

Country of residence: Norway

Source of wealth: Salmon farming

Witzoe owns close to half of SalMar ASA, one of the world's largest salmon producers.

Source: Forbes

3. Katharina Andresen

Age: 24

Net worth: $1.1 billion

Country of residence: Norway

Source of income: Investments

Andresen owns 42% of family-owned investment company Ferd.

Source: Forbes

2. Alexandra Andresen

Age: 23

Net worth: $1.1. billion

Country of residence: Norway

Source of wealth: Investments

Andresen owns 42% of family-owned investment company Ferd.

Source: Forbes

1. Kylie Jenner

Age: 22

Net worth: $1 billion

Country of residence: United States

Source of wealth: Cosmetics

Jenner is the founder of Kylie Cosmetics. The company was valued at $1.2 million when Jenner agreed to sell a 51% majority stake in it to beauty conglomerate Coty Inc. in 2019.

Source: Forbes

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