Mark Zuckerberg
In 2007, Mark Zuckerberg, the founder of Facebook, now called Meta, became the world's youngest self-made billionaire at the age of 23.
Image Source: Agencies
FAQs
How many billionaires under 50? ›
Age distribution of billionaires globally in 2022
| Characteristic | Percent of billionaires |
|---|---|
| Less than 50 | 9.5% |
| 50 to 70 | 48.2% |
| Over 70 | 42.2% |
Jul 4, 2024
Clemente Del Vecchio
Clemente was at one time the world's youngest billionaire (at the age of 18), but he has since aged out of that title, which is now held by Livia Voigt.
Dora Voigt d Assis is the older sister of Livia Voigt de Assis, the youngest billionaire on this list. She is also one of the largest individual shareholders of WEG, the largest manufacturer of electrical motors in Latin America. Dora graduated from an architecture college in 2020.
How many billionaires are younger than 30? ›The 25 youngest people on the Forbes' World's Youngest Billionaires of 2024 list are all 33 or younger and worth $110 billion together. Some are self-made, but for the first time in more than 15 years, every billionaire under 30 inherited their fortune. We've highlighted the 14 billionaires under the age of 30 here.
How rich is the average 50 year old? ›Average net worth by age
| Age by decade | Average net worth | Median net worth |
|---|---|---|
| 40s | $740,646 | $126,126 |
| 50s | $1,345,922 | $290,271 |
| 60s | $1,654,961 | $446,703 |
| 70s | $1,600,801 | $371,603 |
The financial news outlet said she is the first artist to achieve billionaire status solely on the basis of her music, and estimated she has a $1.1 billion fortune.
Who is the 19 year old billionaire girl? ›Meet World's Youngest Billionaire: Livia Voigt
Despite her burgeoning wealth, the young entrepreneur remains focused on her academic pursuits, currently enrolled as a university student, as per reports by Forbes. With a net worth of $1.1 billion, Livia's trajectory into the world of business is undoubtedly noteworthy.
The youngest billionaire in the world is Brazil's Livia Voigt. 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.
Who is the 20 year old billionaire? ›Youngest billionaires in the world as of April 2023, based on net worth (in billion U.S. dollars)
| Characteristic | Wealth in billion U.S. dollars |
|---|---|
| Kevin David Lehmann, Germany (20 years) | 2.3 |
| Michal Strnad, Czechia (30 years) | 2 |
| Kim Jung-min, South Korea (21 years) | 1.7 |
| Kim Jung-youn, South Korea (19 years) | 1.7 |
Jul 4, 2024
The world's youngest billionaire is Livia Voigt, 19, who has a $1.1bn fortune thanks to a 3.1% stake in WEG Industries, a Brazilian electrical equipment producer co-founded by her grandfather Werner Ricardo. He died in 2016.
Who is the grandfather of the world's youngest billionaire? ›
Making the list this year, Livia Voigt is one of the largest individual shareholders of WEG, which Forbes said is the largest manufacturer of electrical motors in Latin America. WEG was was cofounded by her grandfather, Werner Ricardo Voigt, along with late billionaires Eggon Joao da Silva and Geraldo Werninghaus.
Who is the richest woman in the world? ›Françoise Bettencourt Meyers
With an eye-watering net worth of $99 billion, Francoise Bettencourt Meyers, a French businesswoman and philanthropist, is the richest woman in the world.
As of 2022, a majority of the world's billionaires had earned their wealth themselves. Nearly 2,000 of the total 3,194 billionaires worldwide that year had earned their fortune this way. Meanwhile, 317 billionaires had inherited their wealth.
At what age are you the richest? ›The average person's personal finances peak just before retirement age between 55 and 65. The real question for those of us focused on financial independence is how we shift that peak to an earlier age bracket – and ideally sustain our level of wealth, before utilising private pension wealth.
At what age do most billionaires start? ›The median age of a billionaire is 67 years old. “Young” billionaires are defined as those 50 years old or younger. This group accounts for only 10% of the billionaire population.
What percentage of 50 year olds are millionaires? ›Slightly over 20% of families aged 55-74 have net worths above $1 million, while well over 10% of those aged 45-54 and 75 and over millionaires, according to the Fed. Meanwhile, just 1% of those under 35 are millionaires.
How many billionaires are under 40? ›That helps explain why there are only four Forbes 400 members under the age of 40, down from ten a year ago, as four drop out and another three age up. It's the lowest number of under-40 billionaires on the list in at least two decades. They make up just 1% of the list.
How much wealth does the bottom 50% have? ›Averaging $51,000 in wealth, the bottom 50% make up the lowest share, accounting for 3% of the wealth distribution in America. Income growth across this bracket has increased by over 10% between 2020 and 2022, higher than all other brackets aside from the top 1%.
How many 50 billionaires are there in the world? ›Looking at wealth distribution among the world's billionaires, 15 persons had fortunes of 50 billion U.S. dollars or more. However, billionaires with fortunes between two and five billion U.S. dollars had the highest combined wealth in 2021.