At an age when most of us are plodding through the regular stuff in life like what courses to study, what jobs to look for, and how to make just enough money, some people seem to be a couple of dozen steps ahead. And a few extremely lucky ones, well, are a million steps ahead.
Despite the pandemic, Forbes recorded 493 new billionaires added to the world’s wealthiest list this year. According to Forbes, a new billionaire was minted every 17 hours on average over the past year. Altogether, the world’s wealthiest are $5 trillion richer than a year ago. The list also included billionaires under 30, the youngest being an 18-year-old teenager from Germany.
We will look at the 5 youngest billionaires on Forbes under 30 list 2021.
Kevin David Lehmann ($3.3 billion)
The world’s youngest billionaire on the Forbes list of the world’s billionaires under 30 is an 18-year-old German Kevin David Lehmann. According to Forbes, Lehmann’s wealth is attributed to the stakes that he owns in his father’s drugstore chain DM-Drogery Market. Lehmann owns at least 50 per cent shares worth more than $ 3.3 billion, and the company has nearly 2,000 stores across Germany with 41,000 employees working under the brand name. Lehmann turned into a billionaire at a young age despite not being actively involved in the drugstore chain. Interestingly the child billionaire does not have a social media account and rarely makes an appearance in public.
Wang Zelong ($1.5 billion)
The second richest billionaire under 30 is Wang who inherited a stake worth more than $1.3 billion in CNNC Hua Yuan Titanium Dioxide Co., which trades on the Shenzhen stock exchange. The company produces titanium dioxide pigment, a white pigment that can be used in coatings, plastics, ink and other materials.
Alexandra And Katharina Andresen ($1.4 billion each)
The third and the fourth billionaire on the list is occupied by the Norwegian sisters Alexandra and Katharina Andresen, who are worth $1.4 billion as they each inherited shares in the firm Ferd, which is a multibillion-dollar Norwegian holding company and holds partial ownership in companies within industry and finance as well as a real estate portfolio.
Austin Russell ($2.4 billion)
An optics prodigy, Russell dropped out of Stanford in 2012 after receiving a $100,000 Thiel Fellowship to start Luminar Technologies, which makes sensors and other tech for autonomous vehicles. Its sensors now help self-driving cars of such customers as Volvo and Toyota by bouncing laser beams off nearby objects and vehicles’ surroundings. Luminar went public through a SPAC merger in December. Russell owns about a third of the company.
