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The 25 youngest billionaires in the world - A German made it to number 1

2021-05-06T03:13:08.365Z

You are young and you certainly don't need any more money. We'll show you the youngest billionaires in the world.



You are young and you certainly don't need any more money.

We'll show you the youngest billionaires in the world.

25th place: Timur Turlov, Russia

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© Alexander Ryumin / Imago Images

Timur Turlov has reason to be happy.

He is the founder and CEO of the successful company Freedom Holding, which has several subsidiaries in Eastern Europe, Central Asia and the USA.

There the company offers its customers various financial services.

Freedom Holding: Trading on Nasdaq in New York

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© Alexander Ryumin / Imago Images

That seems to be worth it.

Forbes estimates Turlov's net worth at $ 2.1 billion thanks to the success of his company.

According to Turlov, he founded Freedom Holding in 2008, before he graduated from college.

He was born in 1987.

24th place: Wen Yilong, China

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© Mundl Richard / Imago Images

Wen Yilong is the co-founder of RLX Technology.

Before that he worked for Didi Chuxing - a company from China that provides driving services.

Yilong also worked for Uber's Chinese division.

Born in 1990, Yilong studied in both Shanghai and Michigan.

RLX Technology: e-cigarettes from China

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© Steven Senne / dpa

RLX Technology has existed since 2018 and offers models for e-cigarettes.

Yilong, about whom little is known to the public, currently heads the Research & Development division of the umbrella organization RELX Inc. - Forbes puts his assets at $ 1.5 billion.

23rd place: Said Guzerijew, Russia

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© MAXIM MARMUR / afp

Said Guzerijew, born in 1989, often follows in the footsteps of his father, the Russian oligarch Michail Guzerijew.

He worked in the London offices of the raw materials company Glencore - a partner in the oil company Russneft, which his father founded.

Said Guzeriev lived in London for 17 years, and on his return to Moscow he became CEO of the Forteinvest oil refinery, which belongs to his father's group of companies, the Safmar Group.

Michail Guzerijew: Russian oligarch and generous papa

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© Vyacheslav Prokofyev / Imago Images

According to Forbes, Said Guzeriev's asset is $ 1.7 billion.

His father is also involved in this.

Michail Guzerijew not only signed over shares of his oil, coal, retail and financial businesses to his son, but also

hosted

a wedding party with international pop stars, as

Focus.de

reported.

In 2016, the Russian oligarch engaged Jennifer Lopez as well as Enrique Iglesias and Sting for the gala in the Moscow restaurant “Safisa”, according to

Focus.de

, citing the Russian state agency

Ria Novosti

.

According to

Businessinsider.de

, the wedding should have cost a total of 880 million euros.

22nd place: Fred Ehrsam, USA

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© Political Moments / Imago

Fred Ernest Ehrsam II was born in Boston in 1988.

After studying computer science, he founded the cryptocurrency trading platform Coinbase together with Brian Armstrong.

Means of payment such as Bitcoins, XRP or Litecoin can be exchanged for official currencies there.

Coinbase is now the world's largest provider.

Coinbase and Paradigm: Money via cryptocurrency

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© John Angelillo / Imago Images

Ehrsam got his first contact with crypto currencies, which would later make him rich.

He was a passionate player in the online role-playing game "World of Warcraft".

With Paradigm, he later created a second pillar alongside Coinbase.

In total, Fred Ehrsam managed to get 1.9 billion dollars into his account.

21st place: Patrick Collison, Ireland

+

© Phillip Faraone / GETTY IMAGES NORTH AMERICA / Getty Images via AFP

Patrick Collison, too, got rich more or less thanks to financial transactions made by others.

In 2010 he founded

Stripe

with his younger brother

.

Patrick Collison has now brought in $ 3.2 billion.

He was born in 1988.

His company offers software for payment methods and applications for websites.

Elon Musk invested in Stripe: Irish brothers multiplied millions in budget

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© Imago / ZUMA Wire

The Irish brothers could look forward to prominent support.

Elon Musk * and Peter Thiel, among others, are investing heavily in

Stripe

.

Patrick and John Collison made the most of the $ 2 million budget.

Today the company is located in both San Francisco and Dublin.

20th place: Bobby Murphy, USA

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© Brad Barket / GETTY IMAGES NORTH AMERICA / Getty Images via AFP

Almost everyone knows his invention - at least among young people.

Not necessarily himself.

Bobby Murphy invented the Snapchat photo-sending app.

His net worth shot from $ 1.9 billion to $ 11.9 billion between 2020 and 2021.

Snapchat founder Bobby Murphy is the richest person under the age of 31

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© GETTY IMAGES / GETTY IMAGES NORTH AMERICA / Getty Images via AFP

Among the youngest billionaires, only one comes close to the American born in 1988.

Compared to the experienced business people, Murphy still has to place himself far behind.

Murphy will be able to cope with the fact that 184 people are richer than him.

19th place: Whitney Wolfe Herd, USA

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© Jerod Harris / GETTY IMAGES NORTH AMERICA / Getty Images via AFP

Whitney Wolfe Herd has made countless people happy and made themselves rich.

She co-founded the dating app Tinder.

In 2014 she left the company with a bang and several million dollars in compensation.

The American, born in 1989, sued several Tinder employees for sexual harassment.

Tinder termination for sexual harassment: Whitney Wolfe Herd founds dating app - optimized for women

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© John Angelillo / UPI Photo / Imago

Whitney Wolfe Herd was also dissatisfied with the platform and launched her own version.

Here, digital attacks by men are rigorously prevented.

The Bumble app is reminiscent of Tinder's layout.

The dating portal Badoo is also part of the portfolio.

Thanks to the apps, Wolfe Herd is around $ 1.3 billion today.

Speculation about an algorithm that helps business women to maximize profits rather than singles to find a partner can be found on both portals.

18th place: Anna Kasprzak, Denmark

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© Martin Sylvest / Imago

The young Danish woman belongs to the family business ECCO.

It is one of the world's largest shoe producers.

ECCO produces all imaginable types of shoes, the company is the world market leader in sports shoes.

The fashion empire Anna Kasprzak has already brought in 1.46 billion dollars.

Rich thanks to the shoe giant ECCO: Anna Kasprzak is also successful in sports

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© Stefan Lafrentz / Imago

However, shoes are not the only passion of the Danish born in 1989.

She is a successful dressage rider.

She has already competed twice for the national team at the Olympics (2012 and 2016).

She achieved her best placement at the Games in London and finished fourth with her team.

17th place: Ludwig Theodor Braun, Germany

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© Uwe Zucchi / dpa

His family's company has a long history, currently more than 64,000 employees in 64 countries and in 2020 posted annual sales of 7.426 billion euros.

Ludwig Theodor Braun has 1.08 billion euros (1.3 billion dollars) in his own account.

B. Braun Melsungen: Pharma giant with a long tradition - and a violent scandal

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© Uwe Zucchi / dpa

It was once the tranquil rose pharmacy.

Today Ludwig Theodor Braun (born 1989) is at the helm of a pharmaceutical giant.

B. Braun Melsungen is one of the world market leaders in pharmaceutical and medical supplies.

The company survived a tangible scandal.

In the 1990s it became known that Braun illegally obtained meninges from Berlin hospitals.

In addition, they were not adequately tested and some of them were infected with HIV.

The contaminated material presumably led to 120 people - mostly in Japan - being infected with Creutzfeld-Jakob disease.

16th place: Xu Yi, China

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© VGC / Imago

Xu Yi is a streaming billionaire.

His portal "Bilibili" deals with cartoons, manga comics and games.

The innovative live streaming function is what makes the provider so popular in China.

And its chairman is about $ 3.4 billion rich.

Bilibili: Manga comics and games turn Xu Yi into a young billionaire

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© VGC / Imago

Bilibili doesn't just focus on pure, conventional streaming.

The group has massively expanded the range.

Music, dance, entertainment, everyday life and also advertising films are part of the inventory.

So Xi Yu is young and innovative - and was born in 1990.

15th place: Lisa Dräxlmaier, Germany

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© Jan Woitas / dpa

Cheers to the daughter!

Lisa Dräxlmaier bites through a traditional male domain.

Keep it up!

Born in 1990 or 1991 in Lower Bavaria, she follows in the footsteps of her father Fritz (on the right next to Saxony's Prime Minister Michael Kretschmer).

She heads the Lower Bavarian family company "Dräxlmaier AG".

It produces and sells auto parts such as interior fittings, storage systems and electrics.

The company specializes in premium vehicles.

Dräxlmaier supplies auto parts for the finest brands: Now battery systems are being added

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© Jan Woitas / dpa

Dräxlmaier's customers include almost the entire who's who of the upscale automotive industry.

Audi, BMW, Mercedes-Benz, VW, Bugatti, Cadillac, Jaguar, Land Rover, Lamborghini, Maserati, Mini, Porsche and Tesla shop in Lower Bavaria.

In Lisa Dräxlmaier's account, this has now washed around 1.6 billion dollars (1.33 billion euros).

Now the company is expanding with a new battery systems plant in Leipzig.

14th place: Nick Molnar, Australia

+

© Screenshot Instagram / Nick Molnar

Together with Anthony Eisen, Nick Molnar founded the financial services company

Afterpay in

2015 at the age of just 24

.

In 2017 he merged with

Touchcorp

to form the

Afterpay Touch Group

.

The company is now active in Australia, Canada, Great Britain, the USA and New Zealand.

Pay later: Afterpay offers new shopping options

+

© Screenshot Instagram / Nick Molnar

Afterpay is

largely unknown

in Germany

.

This is probably due to the German aversion to credit cards.

Because Molnar has expanded this payment system.

With

Afterpay

, customers can shop in-store and simply pay for them later.

With $ 1.8 billion in assets, Molnar is unlikely to need a grace period.

13th place: Pedro de Godoy Bueno, Brazil

+

© Eugenio Savio / dpa

Diagnosticos da America SA, or DASA for short, is the largest clinical diagnosis company in Brazil.

It also operates food testing, advertising, human capital identification and research facility.

That and the work with health insurance made Pedro de Godoy Bueno, born in 1990 or 1991, the youngest billionaire in his country.

Healthcare in Brazil: DASA founder's assets more than doubled during Corona

+

© Marcelo Camargo / dpa

DASA is owned by Pedro de Godoy together with his former wife Dulce Pgliese de Godoy Bueno.

His fortune shot through the roof during the corona pandemic.

It has more than doubled in the past year.

The $ 1.1 billion became $ 3 billion.

The young billionaire holds back largely from the public.

12th place: John Collison, Ireland

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© Geoffroy van der Hasselt / AFP

Yes, you already know this last name from the list.

John Collison is the younger brother of Patrick Collison and is naturally higher up in the ranking.

He was born in 1990, two years younger than his brother and

Stripe

co-founder.

Stripe brothers appear to share fortunes fairly

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© Brian Ach / GETTY IMAGES NORTH AMERICA / Getty Images via AFP

The Irish brothers seem to have divided up the company shares in a brotherly fashion.

Patrick has $ 3.2 billion, so does John.

The payment system has paid off very well for both Irish billionaires.

11th place: Evan Spiegel, USA

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© Justin Sullivan / GETTY IMAGES NORTH AMERICA / Getty Images via AFP

Evan Spiegel is one of the most important people for Bobby Murphy (see number 20).

Internet entrepreneur Spiegel produces the Snapchat app.

Together with Murphy, he once founded the online portal

FutureFreshman

where students could apply for universities.

Innovative ideas have now earned him $ 11.1 billion.

This makes him the second richest billionaire in our ranking.

Snap founder has a famous wife

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© O'Connor / Imago

Since 2017 at the latest, Evan Spiegel has also been one of the most important people for “Victoria's Secret” model Miranda Kerr.

Spiegel and his wife, who is eight years older than him, have two children.

Another son, Flynn Christopher Bloom, Miranda Kerr brought into the marriage from her relationship with Hollywood star Orlando Bloom.

10th place: Jonathan Kwok, Hong Kong

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© Imaginechina-Tuchong / Imago

We get into the top ten and fall below the magical 30 mark.

Jonathan Kwok was born in 1993 and has already been through a violent up-and-down - and up - again.

In 2019, his fortune shrank by a fifth, now he's almost back in it.

Real estate mogul in China: Jonathan Kwok inherited from his famous father

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© VGC / Imago

Jonathan Kwok is the son of Walter Kwok (pictured above), one of the former largest entrepreneurs in China.

He died in 2018 as the 23rd richest man in the world.

The Kwok Tak-seng company remains family-owned.

Son Jonathan previously took over the management of the real estate business,

Sun Hung-kai Properties

.

After the 2019 drought, Jonathan Kwok is now back to $ 2.4 billion in assets.

9th place: Sam Bankman-Fried, USA

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© Screenshot / Facebook Sam Bankman-Fried

There are few public photos of Sam Bankman-Fried.

This selfie of his public Facebook profile shows him in 2015, two years before he founded his companies Alameda Research and FTX and earned billions.

The financial expert, born in 1991, who has a curly, curly head in more recent pictures, is considered a luminary in the field of crypto currencies.

Bankman-Fried surprised the scene with an unusual approach ...

BitMex: Crypto Trading Portal Turns Billions Every Day - Bankman-Fried Gets His Part

+

© bitmex.com

Traders actually prefer to stay under the radar, Bankman-Fried once told

Bloomberg News.

They hope that anonymity will provide the best protection against hackers or the exposure of their strategies.

Alameda Research takes a completely opposite path.

Company performance is recorded on a leaderboard at BitMex.

Billions of dollars are turned over here every day.

The principle is successful: it catapulted a spectacular $ 8.7 billion into the account of Sam Bankman-Fried and two of his assets in the top ten most successful trading investments.

8th place: Stanley Tang, USA

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© Instagram / Stanley Tang

Stanley Tang created the model for delivery services like Lieferando - in turbocapitalist North America with even less occupational safety.

With the

DoorDash

app, customers can order in almost any restaurant in their city.

Independent suppliers then bring the meal by car, bike or on foot.

The so-called

dashers

are then paid at the front door.

DoorDash

collects a commission.

DoorDash delivery app goes through the roof during Corona: IPO a mega success

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© John Marshall Mantel / Imago

Tang only recently got a lot of money in one fell swoop.

DoorDash

announced in February 2020 that it wanted to go public.

Then Corona came and brought the delivery app a crazy boom.

Due to the contact restrictions, the orders * increased enormously, of course.

The IPO followed in December and flushed 3.4 billion into the company's coffers.

Tang has two billion in his own account.

In the spring of 2021, however, many drivers began to protest in the USA.

Working conditions are unbearable for them during the pandemic.

7th place: Andy Fang, USA

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© Imago / ZUMA Wire

Andy Fang is the technical mastermind behind the success of

DoorDash

- speaking of behind (the camera): Pictures of Fang are hardly available.

As a lead developer, he was instrumental in making the app work so well.

He is only a few months younger than his co-founder Stanley Tang.

DoorDash makes Duo rich - how big is their part in the misery of the drivers: inside?

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© John Marshall Mantel / Imago

Auch ihn treffen also die Proteste der Fahrer und Fahrerinnen. Wobei das Unternehmen an einigen der großen Nöte der Dasher nicht mittelbar beteiligt ist. Sie fordern unter anderem mehr Sicherheit im Verkehr, Räume für Aufenthalt und Wartezeit sowie Zugang zu Hygieneprodukten. Fairness schreiben Stang und Fang auf jeden Fall zumindest untereinander offenbar groß. Beide Firmen-Gründer verfügen über gleich viel Eigenkapital.

Platz 6: Gustav Magnar Witzoe, Norwegen

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You have no idea how this young man with the model expression earns his money ... fish.

Gustav Magnar Witzoe is the largest shareholder in the

SalMar ASA

fish

farm.

The company is one of the largest farm salmon producers in the world.

The young entrepreneur was born in 1993 and is one of the youngest billionaires on the planet.

Very young billionaire through salmon farming: Controversial business model

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© Chromorange / Imago

Looks idyllic, but is highly controversial: salmon farming in aquaculture.

The fish need exercise and plenty of food.

They are fattened with soy, suffer from parasites and fungal infections.

The situation is not bad in every breed, but animal breeders protest vehemently against the keeping methods.

Entrepreneurs like Gustav Magnar Witzoe (the young Norwegian is worth $ 4.4 billion) will still get rich with it.

5th place: Austin Russell, USA

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© Screenshot Youtube / Luminar

Austin Russell is a self-made billionaire, allegedly a thorn in the side of Mercedes-Benz and Elon Musk.

All of this already in her mid-twenties.

Russell has developed a new sensor technology for self-driving cars * with which he wants to conquer the automotive market.

Daimler is convinced - Musk says it will fail.

Russell's company "Luminar Technologies" is currently cooperating with several large manufacturers.

Competitor for Elon Musk and Tesla: Luminar Technologies wants to revolutionize sensor technology

+

© Youtube / Yahoo Finance

Austin Russell is known as something of a genius.

The now 2.4-time billionaire allegedly learned the periodic table of the elements at the age of two, converted his Nintendo DS into a working cell phone in sixth grade and applied for his first patent at the age of 13.

It was a water recycling system that collects water from garden sprinkler systems.

His declared goal today is to make the world safer with self-driving cars.

The Californian, who was born in 1995, also earns good money.

4th place: Katharina Andresen, Norway

+

© Company logo Ferd Holdings (screenshot)

We are returning to more controversial wealth origins.

Johan F. Andresen bequeathed his shares in Ferd Holdings, Norway's largest family company, to his two daughters.

One of them is Katharina Andresen, born in 1995.

It is largely based on the tobacco industry.

Because Katharina's great-great-grandfather once founded the largest cigarette company in the country.

The family let the 447 million euros, which the sale later brought in, flow into real estate and hedge funds.

Tobacco legacy enables hedge funds and real estate: Katharina Andresen enjoys a luxury life

+

© Press photo Ferd Holdings

Katharina Andresen enjoys the comforts of an affluent life and likes to show them off.

You can see them on Instagram on luxurious vacations in London, New York and also on sinfully expensive yachts.

With $ 1.4 billion on the high edge, she can afford it.

3rd place: Alexandra Andresen, Norway

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© Screenshot Instagram / Alexandra Andresen

Her little sister Alexandra Andresen also apparently wants to get more involved in the family business "Ferd Holdings".

But she does not keep her wealth to herself.

She did not initially disclose how much of the $ 1.4 billion she plans to use for charity.

Alexandra Andresen is an animal lover

+

© Screenshot Instagram / king.kairo.the.dobermanns

In her private life, Alexandra Andresen seems to love animals more than anything.

She created her own Instagram page for her Dobermanns King and Cairo (pictured).

In terms of sport, she also has to do with four-legged friends: She is a passionate tournament rider.

2nd place: Wang Zelong, China

Second place went to Wang Zelong from China.

Zelong is not a self-made billionaire either.

The Chinese inherited company shares valued at US $ 1.3 billion in CNNC Hua Yuan Titanium Dioxide Co.

+

© CHTi company logo (screenshot)

As the name almost suggests, the company produces titanium dioxide pigments, a white pigment that can be used in coatings, plastics, inks, and other materials.

The company's products are marketed by CHTi.

As for the production of these pigments, CHTi is the second largest manufacturer in China.

In addition, little is known about Wang Zelong.

1st place: Kevin David Lehmann, Germany

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© Jochen Tack / Imago Images

Geboren im Jahr 2002, reich geworden im Jahr 2016. Denn schon mit 14 Jahren wurden Kevin David Lehmann die Anteile seines Vaters Günther Lehmann an der Drogeriemarke dm überschrieben. Er ist damit zwar der jüngste Milliardär der ganzen Welt, mit einem Vermögenswert von 3,3 Milliarden Dollar schafft er es auf der Forbes Liste der reichsten Milliardäre weltweit trotzdem nur auf Platz 925. Gleichzeitig hat er natürlich noch sein ganzes Leben vor sich, vielleicht klettert er also noch ein paar Plätze weiter nach oben. Bilder existieren von dem jungen Milliardär und seinem Vater nicht, die Lehmanns wollen privat bleiben*. Ganz zur Trauer zahlreicher amerikanischer Medien, die seit dem Erscheinen der Forbes-Liste 2021 versuchen, ein Interview mit dem jungen Milliardär zu ergattern...

Günther Lehmann: Well catered for thanks to the dm drugstore chain

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© Uli Deck / dpa

The also very discreet father of the youngest billionaire in the world had a good nose in the 1970s.

Lehmann acquired 50 percent of the shares in dm - a drugstore chain, of which the second branch was only opened at the time.

The founder Götz Werner lacked the capital for more.

So Lehmann, who was the head of the Karlsruhe food company Pfannkuch at the time, got on board and took care of his life and that of his son.

Want some more billionaires?

Then you shouldn't let this list of the richest Germans get on you.

Source: merkur

All news articles on 2021-05-06

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