10 youngest billionaires in the world 2021, Forbes ranking
Contents:
• Michael Bloomberg, Elton John, George Lucas, Jackie Chan are just some of the celebrities who have decided not to leave their entire fortune to their children and donate it to charity. In their opinion, if children are worthy of their parents, then in life they will achieve success and wealth themselves.
But in list of the world's youngest billionaires according to Forbes, we will see a completely different picture. Most of the rating participants are not self-made man, billions of dollars were inherited by them. Whether they will be able to save and multiply what they have received – time will tell and new Forbes ratings,
10. Jonathan Kwok
- Age: 29 years
- Condition: $ 2,4 billion
- Earned on: real estate
• Jonathan is the youngest son of the late Walter Kwok, former chairman of Hong Kong's largest property developer Sun Hung Kai Properties (SHKP). Along with his older brother Geoffrey, he headed Empire Group Holdings, another property development firm his father founded after leaving SHKP.
• Today, Jonathan serves as a director of the group, overseeing its real estate investments, project development and asset management.
9. Sam Bankman-Fried
- Age: 29 years
- Wealth: $8,7 billion
- Source: Cryptocurrency trading
• The MIT graduate and former Wall Street trader amassed a huge fortune managing billionaires through his cryptocurrency trading firm Alameda Research, which he founded in 2017.
• Two years later, one of the world's youngest billionaires launched FTX, a cryptocurrency derivatives trading platform (the right to execute a contract to buy or sell cryptocurrency at a specific price).
• In 2020, Bankman-Fried made a profitable investment in charity. He donated $5 million to the Biden support committee, becoming one of the biggest contributors to the current US president's campaign.
8. Stanley Tan
- Age: 28 years
- Capital: $2 billion
- Wealth source: DooDash food delivery app
• During the pandemic, food ordering and delivery services were in demand more than ever. And the DoorDash app, which was valued at $2018 billion in 1,4, was worth $16 billion by June. And its revenue soared 226% to nearly $2 billion.
• In December, the company went public on the New York Stock Exchange and raised $3,37 billion by selling 33 million shares. She plans to spend the money received on business modernization and other operating expenses.
7. Andy Fan
- Age: 28 years
- Capital: $2 billion
- Wealth source: DooDash food delivery app
• Co-founder and CTO of DoorDash, an American online food delivery service. As of December 31, the platform served 450 merchants, 000 consumers and 20 million couriers.
• In 2013, along with Stanley Tan, Tony Xu, and Evan Moore, Fan launched DoorDash (at the time called PaloAltoDelivery.com) in California. The first clients were mostly students from Stanford University.
• And five years later, DoorDash overtook Uber Eats to become second in total U.S. prepared food sales behind GrubHub. It has now become the largest food delivery service in the country.
6. Gustav Magnar Witze
- Age: 27 years
- Condition: $ 4,4 billion
- Source of wealth: fish farming
• Gustav Magnar became a billionaire at the age of 19 when he received a 47% stake in SalMar ASA, a salmon farming company, as a gift. His father, Gustav Witze, is the founder of the company and manages it to this day.
• However, the young Gustav is not sitting passively on the “parental gold”, but is forging his own path in the field of real estate investments and technology startups (Norwegian analogues of Snapchat and Airbnb). And also participates in the modeling business, having signed a contract with Team Models – the best agency in Norway.
5 Austin Russell
- Age: 26 years
- Condition: $ 2,4 billion
- Made a fortune thanks to: selling self-driving car gadgets
• Russell dropped out of prestigious Stanford University in 2012 with a $100 grant from the Peter Thiel Foundation.
• This money went to the creation of Luminar Technologies, which produces various devices for unmanned vehicles.
• Among the company's largest customers are such auto giants as Volvo, Geely, Volkswagen and Daimler. In 2022, Volvo plans to equip its production vehicles with Luminar lidars.
• Last year, Luminar Technologies entered the public stock market through a merger with a SPAC company. Austin Russell owns about a third of the company's shares.
4. Katharina Andresen
- Age: 25 years
- Condition: $ 1,4 billion
- Owner: investment firm
• Johan Andersen manages the Norwegian investment company Ferd, and his two daughters, Katarina and Alexandra, each own 42% of the company's shares. Katharina, who graduated from Amsterdam University College, now lives in London, where she studies at the university.
3. Alexandra Andresen
- Age: 24 years old
- Condition: $ 1,4 billion
- How He Got Rich: Investment Firm
• The youngest of the Andersen sisters received from her father, the owner of the investment firm Ferd, a 42% stake in the family business. 24-year-old Alexandra is not only a beauty, a billionaire, but also an athlete – a three-time Norwegian champion among juniors in horseback riding.
2. Wang Zelong
- Age: 24 years
- Condition: $ 1,5 billion
- Source of wealth: production of pigments
• Second on the overall Forbes list of the youngest rich and the youngest billionaire in all of Asia, he owns a stake in CNNC Hua Yuan Titanium Dioxide Co., a chemical company listed on the Shenzhen Stock Exchange.
• He also has stakes in Lomon Billions Group, another Chinese titanium dioxide company.
1. Kevin David Lehman
- Age: 18 years
- Capital: $3,3 billion
- Owner: Dm-drogerie markt
• The youngest billionaire in the world owns 50% of the German pharmacy chain DM Drogerie Markt. According to the company's website, it employs over 41 people at over 000 branches throughout Germany.
• According to Forbes, neither Kevin David Lehman nor his father are actively involved in the company's affairs and little is known about them.
