The Youngest Billionaire Is No Longer Kylie Jenner – It’s a 19-Year-Old From Germany
As of October 2020, Jenner’s net worth was listed at $700 million.
Last year, an 18-year-old from Germany displaced model and television personality Kylie Jenner as the world’s youngest billionaire, according to . Jenner, 23, was the youngest billionaire on 2020’s list, but did not make the last year — or this year. In 2019, she was controversially named the youngest self-made billionaire in 2019 following the success of Jenner’s brand Kylie Cosmetics, but as of May 2022, Forbes listed .
Little is known about Kevin David Lehmann, who inherited his father’s 50% stake in German drugstore chain dm-drogerie markt. According to Forbes, the chain brings in over $12 billion in annual revenue. The second-youngest billionaire is 25-year-old Alexandra Andresen from Norway, who inherited 42% of the family-owned investment company Ferd, and has a net worth of $1.2 billion.
Related: Kim Kardashian West Joins Estranged Husband Kanye West on Billionaires List
In fact, among those who were listed as billionaires and are in their 20s, just four were self-made. They include 26-year-old Austin Russell (a Stanford dropout who founded laser lidar startup Luminar technologies) and the 28-year-old DoorDash founders Stanley Tang and Andy Fang. Sam Bankman-Fried, 29, rounds out the exclusive list, making his $8.7 billion fortune as the founder of trading firm Alameda Research and crypto derivative trading platform FTX.
Last year, an 18-year-old from Germany displaced model and television personality Kylie Jenner as the world’s youngest billionaire, according to . Jenner, 23, was the youngest billionaire on 2020’s list, but did not make the last year — or this year. In 2019, she was controversially named the youngest self-made billionaire in 2019 following the success of Jenner’s brand Kylie Cosmetics, but as of May 2022, Forbes listed .
Little is known about Kevin David Lehmann, who inherited his father’s 50% stake in German drugstore chain dm-drogerie markt. According to Forbes, the chain brings in over $12 billion in annual revenue. The second-youngest billionaire is 25-year-old Alexandra Andresen from Norway, who inherited 42% of the family-owned investment company Ferd, and has a net worth of $1.2 billion.
Related: Kim Kardashian West Joins Estranged Husband Kanye West on Billionaires List
In fact, among those who were listed as billionaires and are in their 20s, just four were self-made. They include 26-year-old Austin Russell (a Stanford dropout who founded laser lidar startup Luminar technologies) and the 28-year-old DoorDash founders Stanley Tang and Andy Fang. Sam Bankman-Fried, 29, rounds out the exclusive list, making his $8.7 billion fortune as the founder of trading firm Alameda Research and crypto derivative trading platform FTX.
