Meet World's Youngest Billionaire: Brazilian Teen Who Has Skyrocketed To Riches
India also makes a splash on the Forbes list, with Zerodha founders Nithin and Nikhil Kamath, as well as Flipkart founders Sachin and Binny Bansal, securing spots this year. The tally of Indian individuals on the list has swelled to 200, a significant jump from last year's count of 169.
Becoming a billionaire at a young age is an extraordinary feat, one that few can claim on the world stage. While some of these young tycoons are self-made, others have had a helping hand along the way.
In Forbes' latest roundup of the planet's wealthiest individuals, the title of youngest billionaire belongs to none other than Livia Voigt, a 19-year-old college student hailing from Brazil. Livia's claim to fame? She holds the distinction of being the largest individual shareholder at WEG, a powerhouse in the electrical equipment manufacturing sector. WEG was co-founded by her late grandfather Werner Ricardo Voigt, along with billionaires Eggon Joao da Silva and Geraldo Werninghaus.
With an eye-popping net worth estimated at $1.1 billion (that's over Rs 9,100 crore!), Livia is still balancing her university studies while basking in the glow of her financial success. Despite her immense wealth, she has yet to secure a seat on WEG's board.
But the story doesn't end there. Livia's elder sister, Dora Voigt de Assis, also joins the ranks of the billionaire club with a net worth matching her sibling's at $1.1 billion. At 26 years old, Dora graduated with a degree in architecture in 2020, adding another feather to the family's cap.
Livia's ascent to billionaire status comes at the expense of the former titleholder, Italian teen Clemente Del Vecchio, who now takes the runner-up spot. Despite being just two months older than Livia, Clemente boasts a higher net worth of $4.8 billion. His fortune stems from his father Leonardo Del Vecchio, the mastermind behind EssilorLuxottica, the world's leading eyewear company. Following his father's passing in 2022, Clemente inherited a hefty 12.5% stake in the family business.
India also makes a splash on the Forbes list, with Zerodha founders Nithin and Nikhil Kamath, as well as Flipkart founders Sachin and Binny Bansal, securing spots this year. The tally of Indian individuals on the list has swelled to 200, a significant jump from last year's count of 169.