The world's youngest billionaires: A fairytale fortune before the age of thirty!

How did they manage to get rich at such a young age?
07.Feb 2021
 
Homepage New articles

From a makeup magnate to a software founder

Youth, beauty and especially talent! The world's ten youngest billionaires of 2020 are missing none of those. Some of them were well-born, others worked hard or came up with brilliant business ideas. Will they be able to maintain their position, or will the ranking change again this year?

1. Kylie Jenner: 22 billion CZK (age 23)

Kylie Jenner
Kylie Jenner • Source: Profimedia.cz

For the second year in a row, the youngest billionaire is Kylie Jenner. The 23-year-old beauty has been in the public eye since she was a child, thanks to the family reality show "Keeping Up With The Kardashians". However, she built up her astronomical assets by founding the cosmetics brand Kylie Cosmetics in 2014. The value of this company was around 26 million CZK until 2019, but then Jenner agreed to sell a 51% majority stake to the cosmetic conglomerate Coty Inc. for 13.2 billion CZK.

2. and 3. the Andresen sisters: each 33 billion CZK (ages 24 and 26)

zleva: Alexandra a Katharina Andersenovy
zleva: Alexandra a Katharina Andersenovy • Source: Frédéric Boudin / Ferd

Norwegian sisters Alexandra (24) and Katharina (26) Andresen were well-born. The young sisters became billionaires very soon, both inheriting 42% of the family investment company Ferd.

Alexandra first appeared on the list of billionaires at the age of 18. Forbes declared her "the youngest billionaire in the world" at the time, but the title has since been taken over by Kylie Jenner with her fast-growing cosmetic empire.

While Jenner loves to show off her collection of luxury cars, the Andresen sisters live a little more modestly. In 2016, Katharina stated that she and her sister had been taught by their parents, since they were little, to avoid wasting money on luxury cars.

4. Gustav Magnar Witzøe: 83.6 billion CZK (age 28)

Gustav Magnar Witzøe
Gustav Magnar Witzøe • Source: Profimedia.cz

With a bit of an exaggeration, we could say that Norway seems to be full of young billionaires, because 28-year-old Gustav Magnar Witzøe also comes from this country. Witzøe owns almost half of SalMar ASA, one of the largest salmon producers in the world. In 2013, he received his share as a gift from his father, who had founded the company in 1991. SalMar led to the industrialization of fish farming in Norway, and thanks to the perfect cut, it was able to obtain a much larger margin.

Elder Witzøe continues to run the company, while Gustav Magnar is trying to push his investment into real estate and technology startups.

5. Elisabeth Furtwängler: 28.6 billion CZK (age 29)

Elisabeth Furtwängle s rodiči a bratrem.
Elisabeth Furtwängle s rodiči a bratrem. • Source: Profimedia.cz

Elisabeth Furtwängler and her brother Jacob acquired a nearly 76% stake in the family-owned media company Hubert Burda Media, based in Germany. Both now serve as members of the board of directors.

6. Jonathan Kwok: 48.4 billion CZK (29 years)

Jonathan Kwok
Jonathan Kwok • Source: Profimedia.cz

Jonathan Kwok inherited in 2018, together with his older brother Geoffrey, a share in Sun Hung Kai Properties, the largest developer in Hong Kong, after his late father Walter. The brothers inherited Walter's direct stake in SHKP and are the recipients of one-third of the five large family trusts owned by their grandmother.

7. John Collison: 70.4 billion CZK (age 30)

John Collison
John Collison • Source: Profimedia.cz

John Collison, a native of Ireland, is the co-founder and president of Stripe, a company that allows entrepreneurs to receive payments online. He and his brother came up with Stripe while studying at Cambridge College.

Since the company was founded in 2010, its value has been constantly increasing. In September 2019, it received funding in the amount of 5.5 billion CZK and was valued at an incredible 770 billion CZK.

8. Evan Spiegel: 259 billion CZK (age 30)

Evan Spiegel
Evan Spiegel • Source: Profimedia.cz

The seventh youngest billionaire in the world is the American Evan Spiegel, who became a billionaire at the age of 25. In 2011, he created the Snapchat app with his Stanford University classmate Bobby Murphy. The application for sending photos and videos is used by about 230 million users every day. Spiegel is also one of the youngest CEOs of a publicly-traded company in the world.

9. Pedro de Godoy Bueno: 74.8 billion CZK (age 30)

Pedro de Godoy Bueno is the youngest Brazilian billionaire. His late father, Edson de Godoy Bueno, was the richest Brazilian billionaire in health care. Edson died of a heart attack in 2017 at the age of 73, leaving most of his possessions to his children, Pedro and Camille. Pedro is the CEO of the laboratory company Diagnosticos da America SA.

10. Lisa Dräxlmaier: 46.2 billion CZK (age 30)

Lisa and her father Fritz are both CEOs of Fritz Dräxlmaier Holdings GmbH, the holding company controlling the automotive parts supplier of the same name. The company's customers include names such as Audi, BMW, Maserati or Tesla.

Luxusní vila na prodej v Šáreckém údolí
Luxusní vila na prodej v Šáreckém údolí, Praha 6

The net worth is listed according to Forbes magazine issue January 2021.

Luxury Prague Life

Share / become a fan

Photo gallery (0)

View photo gallery

About the author

Kateřina Ostrejšová
Luxury Real Estates
Luxusní rodinný dům Praha 6 - Ořechovka
Praha 6

Luxusní rodinný dům Praha 6 - Ořechovka

5 + 1 246 m²
46 900 000 CZK
Show property
Luxusní vila na prodej - Praha - západ - 632m
Okolí Prahy

Luxusní vila na prodej - Praha - západ - 632m

6 + KK 632 m²
price upon request
Show property
Luxusní vila na prodej v Průhonicích
Okolí Prahy

Luxusní vila na prodej v Průhonicích

4 + 1 500 m², ter. 200 m²
price upon request
Show property
Luxusní vila na prodej v Šáreckém údolí
Praha 6

Luxusní vila na prodej v Šáreckém údolí

7 + 2 440 m², bal. 5 m²
price upon request
Show property
Rodinný dům na prodej Praha 4 - Braník - 217m
Praha 4

Rodinný dům na prodej Praha 4 - Braník - 217m

5 + KK 217 m²
21 594 642 CZK
Show property
Luxusní penthaus na Praze 1 - 226m
Praha 1

Luxusní penthaus na Praze 1 - 226m

4 + 1 226 m², bal. 7 m², ter. 24 m²
price upon request
Show property
Luxusní byt na prodej Praha - 320m
Praha 5

Luxusní byt na prodej Praha - 320m

5 + KK 320 m², bal. 4 m², ter. 38 m²
price upon request
Show property
Luxusní kancelář s terasou Praha 1 - 321m
Praha 1

Luxusní kancelář s terasou Praha 1 - 321m

4 + KK 321 m², ter. 144 m²
38 256 000 CZK
Show property
Prodej luxusního bytu Praha 1- 212m
Praha 1

Prodej luxusního bytu Praha 1- 212m

4 + KK 212 m², ter. 7 m²
price upon request
Show property
Byt Smetanovo nábřeží 191m
Praha 1

Byt Smetanovo nábřeží 191m

4 + KK 191 m², bal. 3 m²
price upon request
Show property
Luxusní byt se zahradou na Praze 8 - 346m
Praha 8

Luxusní byt se zahradou na Praze 8 - 346m

4 + KK 146 m², ter. 27 m²
price upon request
Show property
Byt Malá Strana Magenta 31m
Praha 1

Byt Malá Strana Magenta 31m

1 + KK 31 m², bal. 3 m²
price upon request
Show property
Luxusní penthouse Troja 311m
Praha 7

Luxusní penthouse Troja 311m

4 + KK 311 m², ter. 95 m²
price upon request
Show property
Penthouse s výhledem na Hrad na prodej - 288m
Praha 1

Penthouse s výhledem na Hrad na prodej - 288m

5 + 1 288 m², ter. 42 m²
price upon request
Show property
Luxusní byt k prodeji - Praha 5 - 93m
Praha 5

Luxusní byt k prodeji - Praha 5 - 93m

3 + KK 93 m², ter. 11 m²
11 258 000 CZK
Show property
Pronájem bytu Praha 5 - Jinonice - 50m
Praha 5

Pronájem bytu Praha 5 - Jinonice - 50m

1 + KK 50 m², bal. 9 m²
16 000 CZK
Show property
Pronájem luxusního bytu s terasami Praha 4
Praha 4

Pronájem luxusního bytu s terasami Praha 4

3 + KK 137 m², ter. 17 m²
price upon request
Show property
Moderní kanceláře k pronájmu, Praha 1 - 721m
Praha 1

Moderní kanceláře k pronájmu, Praha 1 - 721m

Atypický 721 m²
price upon request
Show property
Pronájem luxusního bytu s terasami Praha 4
Praha 4

Pronájem luxusního bytu s terasami Praha 4

3 + KK 137 m², ter. 17 m²
price upon request
Show property
Prodej rodinného domu na Praze 5-191m
Praha 5

Prodej rodinného domu na Praze 5-191m

5 + KK 191 m²
19 850 000 CZK
Show property
Luxusní byt na prodej - Praha 2 - Vinohrady
Praha 2

Luxusní byt na prodej - Praha 2 - Vinohrady

2 + KK 62 m²
13 980 000 CZK
Show property
Luxusní byt na prodej - Praha 2 - Vinohrady
Praha 2

Luxusní byt na prodej - Praha 2 - Vinohrady

2 + KK 57 m²
11 920 000 CZK
Show property
Luxusní byt na prodej - Praha 2 - Vinohrady
Praha 2

Luxusní byt na prodej - Praha 2 - Vinohrady

2 + KK 53 m², bal. 3 m²
11 850 000 CZK
Show property
Luxusní byt na prodej - Praha 2 - Vinohrady
Praha 2

Luxusní byt na prodej - Praha 2 - Vinohrady

3 + KK 93 m², bal. 3 m²
19 453 408 CZK
Show property
Byt na prodej - Praha 6 - Liboc - 47m
Praha 6

Byt na prodej - Praha 6 - Liboc - 47m

2 + 1 49 m², bal. 2 m²
5 746 000 CZK
Show property
Byt na prodej - Praha 6 - Liboc - 53m
Praha 6

Byt na prodej - Praha 6 - Liboc - 53m

2 + 1 55 m², bal. 2 m²
6 198 000 CZK
Show property
Byt na prodej - Praha 6 - Liboc - 105m
Praha 6

Byt na prodej - Praha 6 - Liboc - 105m

3 + KK 105 m²
10 934 000 CZK
Show property
Byt na prodej - Praha 8 - Libeň - 60m
Praha 8

Byt na prodej - Praha 8 - Libeň - 60m

2 + 1 60 m²
6 457 000 CZK
Show property
Byt na prodej - Praha 8 - Libeň - 73m
Praha 8

Byt na prodej - Praha 8 - Libeň - 73m

2 + 1 73 m²
7 340 000 CZK
Show property
Luxusní penthouse na prodej Praha
Praha 6

Luxusní penthouse na prodej Praha

4 + 1 242 m², ter. 68 m²
price upon request
Show property
Luxusní byt na prodej - Praha 2 - Nové Město
Praha 2

Luxusní byt na prodej - Praha 2 - Nové Město

7 + KK 259 m², ter. 12 m²
price upon request
Show property
Vila na pronájem - Praha 6 - Hanspaulka - 256m
Praha 6

Vila na pronájem - Praha 6 - Hanspaulka - 256m

5 + KK 256 m², bal. 15 m², ter. 24 m²
price upon request
Show property
Luxusní byt na pronájem Na Hřebenkách - Praha
Praha 5

Luxusní byt na pronájem Na Hřebenkách - Praha

4 + KK 199 m², ter. 14 m²
85 500 CZK
Show property
Byt na prodej - Praha 4 - Záběhlice- 64m
Praha 4

Byt na prodej - Praha 4 - Záběhlice- 64m

2 + KK 64 m², bal. 6 m²
5 980 425 CZK
Show property
Byt na prodej - Praha 4 - Záběhlice - 85m
Praha 4

Byt na prodej - Praha 4 - Záběhlice - 85m

3 + KK 85 m², ter. 11 m²
7 811 050 CZK
Show property
Prodej rodinného domu Praha 5 - Malvazinky
Praha 5

Prodej rodinného domu Praha 5 - Malvazinky

5 + KK 156 m², ter. 21 m²
17 722 500 CZK
Show property
Prodej rodinného domu Praha 5 - Malvazinky
Praha 5

Prodej rodinného domu Praha 5 - Malvazinky

5 + KK 189 m², ter. 41 m²
16 995 750 CZK
Show property
Byt na prodej - Praha 9 - Kyje - 71m
Praha 9

Byt na prodej - Praha 9 - Kyje - 71m

1 + KK 39 m²
4 769 000 CZK
Show property
Luxusní kancelář na prodej, Praha 1 - 209m2
Praha 1

Luxusní kancelář na prodej, Praha 1 - 209m2

5 + 1 209 m²
price upon request
Show property
Byt na prodej - Praha 9 - Libeň - 49m
Praha 9

Byt na prodej - Praha 9 - Libeň - 49m

2 + KK 49 m², bal. 3 m²
5 874 300 CZK
Show property
Luxusní byt na pronájem Staré Město - 212m
Praha 1

Luxusní byt na pronájem Staré Město - 212m

6 + KK 212 m², bal. 5 m²
100 000 CZK
Show property
Luxusní byt s terasou Troja 152m
Praha 7

Luxusní byt s terasou Troja 152m

2 + KK 152 m²
32 400 000 CZK
Show property
Obchodní prostory k pronájmu, Praha 8 - 280
Praha 8

Obchodní prostory k pronájmu, Praha 8 - 280

Atypický 280 m²
price upon request
Show property
Obchodní prostory k pronájmu, Praha 8 - 70
Praha 8

Obchodní prostory k pronájmu, Praha 8 - 70

Atypický 70 m²
price upon request
Show property
Restaurace k pronájmu, Praha 8 - 519
Praha 8

Restaurace k pronájmu, Praha 8 - 519

Atypický 721 m², ter. 202 m²
price upon request
Show property
Moderní kanceláře k pronájmu, Praha 8 - 332
Praha 8

Moderní kanceláře k pronájmu, Praha 8 - 332

Atypický 332 m²
price upon request
Show property
Moderní kanceláře k pronájmu, Praha 8 - 446
Praha 8

Moderní kanceláře k pronájmu, Praha 8 - 446

Atypický 446 m²
price upon request
Show property
Moderní kanceláře k pronájmu, Praha 8 - 361
Praha 8

Moderní kanceláře k pronájmu, Praha 8 - 361

Atypický 361 m²
price upon request
Show property
Byt na prodej Praha 1 - Josefov - 125m
Praha 1

Byt na prodej Praha 1 - Josefov - 125m

3 + KK 125 m²
price upon request
Show property
Moderní kanceláře k pronájmu, Praha 8 - 483
Praha 8

Moderní kanceláře k pronájmu, Praha 8 - 483

Atypický 483 m²
price upon request
Show property
Moderní kanceláře k pronájmu, Praha 8 - 249
Praha 8

Moderní kanceláře k pronájmu, Praha 8 - 249

Atypický 249 m²
price upon request
Show property
Moderní kanceláře k pronájmu, Praha 8 - 490
Praha 8

Moderní kanceláře k pronájmu, Praha 8 - 490

Atypický 490 m²
price upon request
Show property
Luxusní kancelář na prodej Nové Město - 109 m²
Praha 1

Luxusní kancelář na prodej Nové Město - 109 m²

3 + KK 109 m²
17 995 000 CZK
Show property
Kanceláře k pronájmu, Praha 1 - 387m2
Praha 1

Kanceláře k pronájmu, Praha 1 - 387m2

Atypický 387 m²
155 000 CZK
Show property
Prodej luxusní administrativní budovy v Praze
Praha 6

Prodej luxusní administrativní budovy v Praze

966 m²
42 000 000 CZK
Show property
Obchodní prostor na prodej, Staré Město - 215

Obchodní prostor na prodej, Staré Město - 215

215 m²
price upon request
Show property
Supermakléřky - real estate comics