Man, it would be great to be a billionaire. It would be even better to be a billionaire before the age of 35. That's what these lucky people are – billionaires and still pretty young. Of course, tech gurus like Evan Spiegel and Bobby Murphy aside, many of these young billionaires have inherited their fortunes. Either way, their wealth allows them to do some pretty spectacular things, like buy an island and then a private jet to get to that island.
As of August 2019, the youngest billionaire in the world is 23-year-old Alexandra Andresen. Alexandra and her 24-year-old sister Katharina, who inherited their fortunes, each have a net worth of $1.4 billion. In 2007, their father, Johan Andresen, transferred his shares of Ferd Holdings, Norway's biggest company, to his daughters. The Andresen family made a massive fortune in the tobacco industry. Alexandra and Katharina's great, great, great grandfather founded Norway's biggest cigarette company. That company was sold for $500 million in 2005 and the money was invested in hedge funds and real estate. Needless to say, those investments did very, very well.
Many of these young billionaires are self made and almost all of them are men. There are currently 2,153 billionaires and only 71 of them are younger than 40.
Tommaso Boddi/Getty Images
Here are the 19 youngest billionaires and their net worth, listed by age.
Alexandra Andresen – 23
Net Worth: $1.2 billion
Source: inheritance
Katharina Andresen – 24
Net Worth: $1.2 billion
Source inheritence
Gustav Magnar Witzoe – 28
Net Worth: $3 billion
Source: salmon farming, inheritance
Evan Spiegel – 29
Net Worth: $2.5 billion
Source: Snap
John Collison – 28
Net Worth: $2.1 billion
Source: Stripe
Ludwig Theodor Braun – 29
Net Worth: $1 billion
Source: medical devices
Anna Kasprzak – 29
Net Worth: $1 billion
Source: Ecco shoes
Jonathan Kwok – 30
Net Worth: $2.3 billion
Source: Property development
Patrick Collison – 30
Net Worth: $2.1 billion
Source: Stripe
Bobby Murphy – 31
Net Worth: $2.3 billion
Source: Snap
Said Gutseriev – 31
Net Worth: $1.3 billion
Source: inheritance
Lukas Walton – 32
Net Worth: $12 billion
Source: Walmart
Eva Maria Braun-Luedicke – 32
Net Worth: $1.2 billion
Source: medical devices
André Kasprzak – 32
Net Worth: $1 billion
Source: Ecco shoes
Christopher Kwok – 33
Net Worth: $1.8 billion
Source: Property development
Jihan Wu – 33
Net Worth: $1.5 billion
Source: crypto currency
Julio Mario Santo Domingo, III – 34
Net Worth: $2.3 billion
Source: Anheuser-Busch InBev, inheritance
Geoffrey Kwok – 34
Net Worth: $2.9 billion
Source: Property development, inheritance
Aiyawatt Srivaddhanaprabha – 34
Net Worth: $1 billion
Source: duty free retail, inheritance
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