It’s a rare feat to become a billionaire, especially at a young age. The average billionaire is 66, and the oldest person in the ranks is 102. Still

The World’s Youngest Billionaires 2024

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2024-09-29 14:30:19

It’s a rare feat to become a billionaire, especially at a young age. The average billionaire is 66, and the oldest person in the ranks is 102. Still, a select few have gotten super-rich super young.

This year, the 25 youngest people on the Forbes’ World’s Billionaires list are all 33 or younger. Together they are worth $110 billion. A few are self-made, having built notable companies like Snap (Evan Spiegel, 33), Gymshark (Ben Francis, 31) and Oculus VR (Palmer Luckey, 31).

Most had a lot of help. For the first time since 2009, every billionaire under 30 inherited his or her fortune—the result of some self-made entrepreneurs aging into their 30s, and a sign that the “great wealth transfer” has begun.

The youngest billionaire in the world is Brazil’s Livia Voigt. Just 19 years old and still in college, she’s worth an estimated $1.1 billion thanks to her minority stake in the electrical equipment producer WEG, which her late grandfather cofounded. She and her older sister, Dora Voigt de Assis, 26, are two of seven fresh faces among the 25 youngest billionaires, and two of 18 heirs among this set.

The wealthiest of the heirs are Ireland’s Mistry brothers, ages 25 and 27, who are worth an estimated $4.9 billion apiece thanks to the Mumbai-based conglomerate Tata Sons, which spans IT and communications, engineering and energy. They received their minority stakes in Tata after the 2022 death of their father, Cyrus Mistry, who died less than three months after their revered grandfather Pallonji Mistry.