Youngest billionaire in the world is Brazilian, aged 19 and worth R$5.5 billion

The youngest billionaire in the world is Brazilian Livia Voigt, just 19 years old. She entered the Forbes list of youngest billionaires in 2024, released this Monday (1st).

She has a fortune of R$5.5 billion (US$1.1 billion), due to her minority stake in WEG, co-founded by her late grandfather. The company specializes in the manufacture and sale of electric motors, transformers, generators and paints.

According to Forbes, she and her older sister, Dora Voigt de Assis, 26, are two of the seven new faces among the 25 youngest billionaires and two of the 18 heiresses in this group.

The richest of the heirs are the Mistry brothers from Ireland, aged 25 and 27, who are worth around R$24.7 billion (US$4.9 billion) each, thanks to Mumbai-based conglomerate Tata Sons , which covers IT and communications, engineering and energy. They received their minority stakes in Tata following the death of their father, Cyrus Mistry, in 2022.

Richer

According to the ranking, almost all of the 25 who made the list are richer than last year.

The biggest year-on-year gain belongs to Red Bull heir Mark Mateschitz, whose fortune has increased by US$4.9 billion, followed by Michal Strnad, who inherited and now runs defense producer Czechoslovak Group, which is worth US$2.4 billion (R$12.1 billion) more than last year.

According to Forbes, 60% of billionaires are from Europe. The rest are from Brazil, South Korea, Japan and the United States.

Meet the 10 richest young people in the world in 2024

Livia Voigt

Age: 19
Citizenship: Brazil
Source of Wealth: Industrial Machinery – WEG
Net Worth: US$1.1 billion (R$5.5 billion)

Clemente Del Vecchio
Age: 19
Citizenship: Italy
Source of Wealth: Eyeglasses market
Net Worth: US$4.7 billion (R$23.7 billion)

Kim Jung-youn
Age: 20
Citizenship: South Korea
Source of Wealth: Online Games
Net Worth: US$1.4 billion (R$7 billion)

Kevin David Lehmann
Age: 21
Citizenship: Germany
Source of Wealth: Pharmacies
Net Worth: US$3.3 billion (R$16.6 billion)

Kim Jung-min
Age: 22
Citizenship: South Korea
Source of Wealth: Online Games
Net Worth: US$1.4 billion (R$7 billion)

Luca Del Vecchio
Age: 22
Citizenship: Italy
Source of Wealth: Eyeglasses market
Net Worth: US$4.7 billion (R$23.7 billion)

Remi Dassault
Age: 22
Citizenship: France
Source of Wealth: Inheritance
Net Worth: US$2.5 billion (R$12.6 billion)

Zahan Mistry
Age: 25
Citizenship: Ireland
Source of Wealth: Diversified
Net Worth: US$4.9 Billion (R$24.7 billion)

Dora Voigt of Assisi
Age: 26
Citizenship: Brazil
Source of Wealth: Industrial Machinery – WEG
Net Worth: US$1.1 billion (R$5.5 billion)

Firoz Mistry
Age: 27
Citizenship: Ireland
Source of Wealth: Diversified
Net Worth: US$4.9 billion (R$24.7 billion)