youngest billionaire in the world is Brazilian

youngest billionaire in the world is Brazilian
youngest billionaire in the world is Brazilian
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At 19, she is studying psychology at college and has no role in Weg’s operations. Livia’s sister, Dora Voigt de Assis, 26, also appeared among the ten richest young people in the world in 2024. Like her younger sister, she has a 3.1% stake and does not work for the company.

Split inheritance. Weg has 29 shareholders, most of whom are descendants of the founders — that is, they are part of the same family. Each of the members of the company’s founding family received a different share of participation in the company, according to Valor Investe, from the newspaper Valor Econômico.

Weg was founded in 1961, in the city of Jaraguá do Sul (SC), by Werner Ricardo Voigt —grandfather of Livia and Dora—, Eggon João da Silva and Geraldo Werninghaus.

In 2022, Weg had revenue of R$29.9 billion. The multinational’s first billion was earned in 2001. Each of the members of Weg’s founding family received a different share of participation in the company, according to Valor Investe, from the newspaper Valor Econômico.

In this year’s list, Livia beat Clemente Del Vecchio. The Brazilian is two months younger than the Italian, who is one of the six children of Leonardo Del Vecchio — president of EssilorLuxottica, the largest eyeglasses company in the world, owner of the Ray-Ban brand.

Also according to Forbes, the average age of the billionaires on the list is 66 years old. In this year’s ranking, the 25 youngest people cited by the magazine are up to 33 years old. The oldest person is 102 years old.

The article is in Portuguese

Tags: youngest billionaire world Brazilian

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