The 2021 Forbes Billionaires report shows that Kevin David Lehmann is the world's youngest billionaire at the age of 18. The German national has a net worth of US$3.3 billion, or approximately Rp 46.77 trillion (using an exchange rate of US$1 = Rp 14,173).
According to Forbes, Lehmann became a billionaire after officially inheriting a 50% stake in his father's German pharmacy chain, Drogerie Markt (DM). DM reportedly generates annual revenue exceeding US$12 billion.
The next youngest billionaire is 24-year-old Wang Zelong. Forbes reports his net worth at US$1.5 billion, derived from inherited shares in the pigment production company, CNNC Hua Yuan Titanium Dioxide Co.
Following are Alexandra Andresen and Katharina Andresen, aged 24 and 25 respectively. These Norwegian sisters inherited 42% of the investment firm, Ferd, and each has a net worth of US$1.4 billion.
Austin Russel, 26, also made the list. The American's US$2.4 billion fortune comes from the autonomous vehicle technology company, Luminar Technologies.
Below is a list of the 10 youngest billionaires in the world in 2021 and their wealth:
1. Kevin David Lehmann
* Age: 18 years
* Net Worth: US$ 3.3 billion
* Source of Wealth: Drugstores
* Country: Germany
2. Wang Zelong
* Age: 24
* Net Worth: US$ 1.5 billion
* Source of Wealth: Pigment Production
* Country: China
3. Alexandra Andresen
* Age: 24
* Net Worth: US$ 1.4 billion
* Source of Wealth: Investment Firm
* Country: Norway
4. Katharina Andresen
* Age: 25
* Net Worth: US$ 1.4 billion
* Source of Wealth: Investment Firm
* Country: Norway
5. Austin Russel
* Age: 26
* Net Worth: US$ 2.4 billion
* Source of Wealth: Autonomous Vehicle Technology
* Country: United States
6. Gustav Magnar Witzoe
* Age: 27
* Net Worth: US$ 4.4 billion
* Source of Wealth: Fish Farming
* Country: Norway
7. Andy Fang
* Age: 28
* Net Worth: US$ 2 billion
* Source of Wealth: Doordash
* Country: United States
8. Stanley Tang
* Age: 28
* Net Worth: US$ 2 billion
* Source of Wealth: Doordash
* Country: United States
9. Sam Bankman-Fried
* Age: 29
* Net Worth: US$ 8.7 billion
* Source of Wealth: Cryptocurrency Trading
* Country: United States
10. Jonathan Kwoko
* Age: 29
* Net Worth: US$ 2.4 billion
* Source of Wealth: Real Estate
* Country: Hong Kong