The Elite 21: World’s Youngest Billionaires 2025 Unveiled

Roughly half of the global population is 30 or younger, yet only 21 individuals among them have reached billionaire status. Amassing such wealth typically spans decades, if not a lifetime. The data underscores this: nearly three-quarters of the world’s billionaires fall between ages 50 and 79, with just 12% under 50. Rarer still are those who achieve this milestone by 30, and in 2025, just 21 young tycoons make the cut on the World’s Billionaires list.

Remarkably, all but two inherited their fortunes. Take Johannes von Baumbach, the world’s youngest billionaire at 19, who owes his $5.4 billion net worth to a stake in Germany’s Boehringer Ingelheim, the largest privately-owned pharmaceutical firm. Alongside his three siblings—aged 23, 25, and 27—he exemplifies the trend of generational wealth transfer.

Europe dominates this youthful elite, claiming 15 of the 21 spots. Germany leads with the four von Baumbachs, plus heirs like Sophie Luise Fielmann (30; eyeglasses), Kevin David Lehmann (22; drugstores), and Maxim Tebar (23; chainsaws). Italy follows, with the three Del Vecchio brothers riding a 40% fortune surge to $6.6 billion each, fueled by EssilorLuxottica’s stellar 2024 stock performance.

Beyond Europe, sibling pairs from South Korea and Brazil inherited riches from online gaming and industrial machinery, respectively. The exceptions to the inheritance rule are two self-made standouts: Australia’s Ed Craven (29), co-founder of Stake.com, the world’s top crypto-backed casino with $4.7 billion in 2024 revenue, and the U.S.’s Alexandr Wang (28), whose AI venture Scale AI hit a $13.8 billion valuation in May 2024, marking his second billionaire stint.

Below, meet the 21 youngest billionaires of 2025,

All 30 or under, ranked from oldest to youngest. Net worths reflect values as of March 7, 2025, with self-made fortunes denoted by an asterisk.

Sophie Luise Fielmann

Age: 30 | Citizenship: Germany | Source of Wealth: Optometry | Net Worth: $2.8 Billion
Sophie and her brother, Marc, inherited their late father, Günther Fielmann’s, eyeglass empire after his passing. Fielmann AG, founded in 1972 to democratize affordable eyewear in Germany, is now a third hers, though she holds no operational role—unlike Marc, who leads the firm.

Katharina Andresen

Age: 29 | Citizenship: Norway | Source of Wealth: Investments | Net Worth: $2 Billion
Her wealth traces back to a cigarette dynasty sold in 2005, now channeled through Ferd, the family’s investment firm. Katharina owns 42% and serves on its board, advocating for LGBTQ+ rights as an Oslo Pride advisor.

Ed Craven

Age: 29 | Citizenship: Australia | Source of Wealth: Online Casino | Net Worth: $2.8 Billion
Craven co-founded Stake.com with Bijan Tehrani, a crypto-gambling giant that raked in $4.7 billion in 2024. Despite restrictions in major markets, its popularity soared via live-streamed gambling, handling 2-4% of all Bitcoin transactions.

Leonardo Maria Del Vecchio

Age: 29 | Citizenship: Italy | Source of Wealth: Eyeglasses | Net Worth: $6.6 Billion
Post his father’s 2022 death, Leonardo and his six half-siblings each gained a 12.5% stake in the family holding company behind EssilorLuxottica. As chief strategy officer, he steers the world’s largest eyeglass firm, including Ray-Ban.

Alexandra Andresen

Age: 28 | Citizenship: Norway | Source of Wealth: Investments | Net Worth: $1.9 Billion
Like her sister Katharina, Alexandra holds a 42% stake in Ferd and sits on its board. A former junior dressage champion, she now runs Andresen Dressage, a horse-breeding stable in Oslo, sidelined from competition by spinal issues.

Firoz Mistry

Age: 28 | Citizenship: Ireland | Source of Wealth: Diversified | Net Worth: $4 Billion
Firoz and his brother inherited 4.6% of Tata Sons—a $165 billion conglomerate—after their father’s fatal 2022 car crash. The empire, founded in 1868, spans cars to jewelry across six continents.

Alexander Wang*

Age: 28 | Citizenship: United States | Source of Wealth: AI | Net Worth: $2 Billion
Wang’s Scale AI, co-founded in 2016 after leaving MIT, powers AI training for giants like Microsoft and Meta. A $1 billion raise in May 2024 valued it at $13.8 billion, cementing his status as the youngest self-made billionaire.

Dora Voigt de Assis

Age: 27 | Citizenship: Brazil | Source of Wealth: Industrial Machinery | Net Worth: $1.2 Billion
She and her sister hold 3.1% of WEG, a Brazilian motor manufacturer co-founded by their late grandfather in 1961. With no company role, Dora watches WEG export 21 million motors annually to 135+ countries.

Maximilian von Baumbach

Age: 27 | Citizenship: Germany | Source of Wealth: Pharma | Net Worth: $5.4 Billion
The eldest of four siblings tied to Boehringer Ingelheim, Maximilian’s fortune stems from a firm founded in 1885, with roots back to 1817—a pharmaceutical legacy now in its fifth generation.

Zahan Mistry

Age: 26 | Citizenship: Ireland | Source of Wealth: Diversified | Net Worth: $4 Billion
With his brother Firoz, Zahan inherited 4.6% of Tata Sons and 25% of the Shapoorji Pallonji Group. In 2025, they secured $3.3 billion in credit to refinance the latter’s debts.

Katharina von Baumbach

Age: 25 | Citizenship: Germany | Source of Wealth: Pharma | Net Worth: $5.4 Billion
The only female von Baumbach heir, Katharina shares in Boehringer Ingelheim’s storied wealth, though her personal involvement remains undisclosed.

Maxim Tebar

Age: 24 | Citizenship: Germany | Source of Wealth: Chainsaws | Net Worth: $1.1 Billion
Tebar’s stake in Stihl, a family-owned chainsaw leader since 1926, drives his fortune. The brand, born from Andreas Stihl’s two-person electric saw, now spans 160+ countries.

Remi Dassault

Age: 23 | Citizenship: France | Source of Wealth: Diversified | Net Worth: $2.8 Billion
Inheriting 4.1% of Dassault Aviation and 2.5% of Dassault Systèmes after his father’s 2021 death, Remi’s wealth traces to his great-grandfather’s WWI propeller innovation.

Luca Del Vecchio

Age: 23 | Citizenship: Italy | Source of Wealth: Eyeglasses | Net Worth: $6.6 Billion
Luca’s 12.5% stake in Delfin, tied to EssilorLuxottica and other ventures, makes him one of the richest under 30, though he’s not active in operations.

Kim Jung-min

Age: 23 | Citizenship: South Korea | Source of Wealth: Online Gaming | Net Worth: $1.3 Billion
She and her sister inherited 9% of Nexon, a gaming pioneer, after their father’s 2022 death. Nexon’s free-to-play model thrives across 80+ titles.

Franz von Baumbach

Age: 23 | Citizenship: Germany | Source of Wealth: Pharma | Net Worth: $5.4 Billion
The second-youngest von Baumbach, Franz shares in Boehringer Ingelheim’s legacy, though details of his role are scarce.

Kevin David Lehmann

Age: 22 | Citizenship: Germany | Source of Wealth: Drugstores | Net Worth: $3.6 Billion
At 14, Lehmann inherited 50% of dm-drogerie Markt from his father in 2017. The chain, launched in 1973, now boasts 4,120 European stores.

Kim Jung-Youn

Age: 21 | Citizenship: South Korea | Source of Wealth: Online Gaming | Net Worth: $1.3 Billion
With her sister, she holds 9% of Nexon, powering hits like MapleStory across 190+ countries, despite having no operational role.

Clemente Del Vecchio

Age: 20 | Citizenship: Italy | Source of Wealth: Eyeglasses | Net Worth: $6.6 Billion
Clemente’s 12.5% Delfin stake, inherited from his late father, ties him to EssilorLuxottica’s success, though he remains uninvolved in its management.

Lívia Voigt de Assis

Age: 20 | Citizenship: Brazil | Source of Wealth: Industrial Machinery | Net Worth: $1.2 Billion
A 3.1% WEG stake, inherited from her grandfather, fuels Lívia’s wealth. A psychology student, she shuns the spotlight.

Johannes von Baumbach

Age: 19 | Citizenship: Germany | Source of Wealth: Pharma | Net Worth: $5.4 Billion
The youngest billionaire globally, Johannes skis competitively while his family’s Boehringer Ingelheim thrives under his uncle’s leadership.