Published On October 10, 2021
Published By Chief Editor

There are many self-made billionaires on the youngest billionaires list

Becoming a billionaire in the world is a big feat that very few will achieve. It is difficult to maintain it during this pandemic and many businesses are struggling to be alive. Today I am going to take you through a bunch of youngsters who made it to billionaire status at a very young age. Surprisingly there are many self-made billionaires on this list. Information is coming from Forbes’ Real-Time Billionaire tracker data. These Billionaires are less than 30 years old.


Lisa Draexlmaier

  • Age: 30
  • Net worth: $1.7 billion
  • Source of wealth: Auto parts


Lisa presides over auto parts maker Fritz Draexlmaier Holding GmbH, of which Lisa is the sole owner. Their main customers are Audi, BMW, Cadillac, Land Rover, Maserati, Mercedes-Benz, Porsche, and Tesla.


Nick Molnar

  • Age: 30
  • Net worth: $1.9 billion
  • Source of wealth: Fintech


He is a self-made billionaire when he co-founded Afterpay which allows you to split up the cost of their purchases into installment plans. Nick listed Afterpay in April 2016 amass staggering capital in the Australian stock exchange, Share prices saw a huge gain in 2020 during the pandemic.


John Collison

  • Age: 30
  • Net worth: $9.5 billion
  • Source of wealth: Payments software


John Collison is the co-founder and president of Stripe, a popular payment gateway that helps businesses to receive payments online. He is also a self-made billionaire who had converted his idea into an actual product.


Evan Spiegel

  • Age: 30
  • Net worth: $11.8 billion
  • Source of wealth: Snapchat


Evan Spiegel, CEO of well-known Snap chat and had achieved the billionaire feat since the age of 25. Again he is also a self-made billionaire in the tech arena.


Jonathan Kwok

  • Age: 29
  • Net worth: $2.4 billion
  • Source of wealth: Real estate


Jonathan’s wealth is coming from the lucrative real estate business. His father is late Walter Kwok, former chairman of Hong Kong’s largest real estate developer, Sun Hung Kai Properties. He started a new property development company, Empire Group Holdings using funds received from Sun Hung Kai Properties.


Sam Bankman-Fried

  • Age: 29
  • Net worth: $8.7 billion
  • Source of wealth: Cryptocurrency


Sam Bankman-Fried is the founder of Alameda Research one of the largest research houses in the field of Cryptocurrency. He is also a self-made billionaire by turning his fortunes using digital currency.


Andy Fang

  • Age: 28
  • Net worth: $2.2 billion
  • Source of wealth: Food delivery app Door Dash


Andy Fang is the co-founder of the restaurant delivery app DoorDash, which has become a household name in the United States. He is a graduate of Stanford and also a self-made billionaire.


Stanley Tang

  • Age: 28
  • Net worth: $2.2 billion
  • Source of wealth: Food delivery app Door Dash


Stanley Tang is another of DoorDash’s founders. Stanley, Andy, and a few other friends got together formed Door dash after some less successful endeavors. Door dash bought them the entry ticket to billionaire status.


Gustav Magnar Witzoe

  • Age: 28
  • Net worth: $4.6 billion
  • Source of wealth: Fish farming


Gustav’s fortune is built with the money coming from Salmar ASA. Salmar ASA is a Norwegian fish farming company. It is one of the biggest salmon manufacturers in the world. He inherited the wealth from his father Gustav Witzoe.


Austin Russell

  • Age: 26
  • Net worth: $2.6 billion
  • Source of wealth: Sensors


Austin Russell is the owner of the automotive sensor firm Luminar Technologies. When it comes to self-made billionaires, This man holds a record for the youngest self-made billionaire at the age of 25. his company was listed on the Nasdaq.


Katharina Andresen

  • Age: 25
  • Net worth: $1.4 billion
  • Source of wealth: Investments


Two sisters Katharina Andresen and her sister Alexandra are the owners of a Norwegian investment firm called Ferd. Ferd has hedge funds, runs private equity investments, and is an active investor on the Nordic stock exchange.


Alexandra Andresen

  • Age: 24
  • Net worth: $1.4 billion
  • Source of wealth: Investments


Alexandra Andresen is the other sister running the Ferd. Her wealth is linked with a 42% stake in her company Ferd.


Wang Zelong

  • Age: 24
  • Net worth: $1.9 billion
  • Source of wealth: Chemicals


Wang Zelong is into Chemical produce. He inherited a stake in CNNC Hua Yuan Titanium Dioxide Co..C&G Pigment is a major marketing player for inorganic pigments being active throughout the whole world. His company is the second-largest in pigments produce in China. These pigments are supplied to use in ink, different coating products, plastics,


Kevin David Lehmann

  • Age: 18
  • Net worth: $3.3 billion
  • Source of wealth: Drugstores


Kevin David Lehmann tops the list of the world’s youngest billionaires thanks to his 50% stake in Germany’s leading drugstore chain, drogerie markt, which employs over 41,000 people with a $12 billion topline.

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