According to the most recent Forbes’ World’s Billionaires, Brazilian student Livia Voigt, at the age of 19, has become the youngest billionaire in history.
At such a young age, to become a millionaire is truly an amazing accomplishment. When speaking of young billionaires worldwide, only few people come to mind. Many of them are self-made billionaires, but some require assistance from time to time. The youngest billionaire on Forbes’ most current list of World Billionaires is a 19-year-old college student. Livia Voigt is among the largest individual shareholders at WEG. She became the world’s youngest billionaire. Her wealth surpassed that of Clemente Del Vecchio of Brazil.
About the world’s youngest billionaire, Livia Voigt
WEG, an electrical equipment company, has a history of notable co-founders. Livia Voigt’s late grandfather, Werner Ricardo Voigt, was one of them. The late billionaires Geraldo Werninghaus and Eggon Joao da Silva also co-founded the company. Livia Voigt is the company’s largest individual shareholder.
The 19-year-old Livia Voigt, a stakeholder at WEG with an estimated net worth of $1.1 billion (more than Rs 9,100 crore), is still a student at the university and is not now on the board of the company.
Her older sister Dora Voigt de Assis, who also has a $1.1 billion net worth, is included on the same page. In 2020, 26-year-old Dora graduated with a degree in architecture.
Livia Voigt is employed by the global company WEG Legacy, which has facilities spread across more than ten nations. WEG reported over $6 billion in revenue in 2022.
Recently, a number of young heirs have become billionaires. Following their father’s passing in 2022, the Mistry brothers of Ireland, who are now 25 and 27, acquired substantial wealth from the Mumbai-based company Tata Sons. Their estimated net wealth is $4.9 billion apiece.
It is important to remember that Livia defeated Clemente Del Vecchio, an Italian youngster who is only two months older than Livia, to become the youngest millionaire.
World’s second youngest billionaire
With a net worth of $4.8 billion, Clemente is now the second youngest billionaire, but he has more assets than his rival. He is the son of EssilorLuxottica’s owner, Leonardo Del Vecchio, who runs the biggest eyewear firm in the world. Clemente got a 12.5% share in his father’s business following his passing in 2022.
India is featured on Forbes’ list of the wealthiest. This year, the list includes Sachin Bansal, the founder of Flipkart. It also includes Nikhil Kamath, the founder of Zerodha. From the 169 names tallied last year, a total of 200 Indian people have made it onto the list.
At 37 years old, Nikhil Kamath has a net worth of $3.1 billion, making him the youngest billionaire in India. At 41 years old, Binny Bansal has a net worth of $1.4 billion, making him the second-youngest billionaire in India. With a new net worth of $1.2 billion, his 42-year-old brother Sachin is ranked third on the list.
These businesspeople are well-represented on Forbes’ rich list for this year, demonstrating India’s thriving entrepreneurial culture.
Oprah Winfrey, JAY-Z, Kim Kardashian, Steven Spielberg, Taylor Swift, and Rihanna are just a few of the well-known names on the list.