The World’s 10 Youngest Self-Made Billionaires


While many have questioned the criteria that make a ‘self-made’ billionaire, Forbes has continued to judge the most wealthy based on their companies’ profits, listing the youngest of the Kardashian–Jenner clan as the world’s youngest ever self-made billionaire, as of March 2019.

With Benjamin Franklin, Jack Ma, Oprah Winfrey and Mark Zuckerberg all having been listed among the world’s youngest self-made billionaires at one point or another, it’s most definitely a great honour for Kylie Jenner and her peers to follow in their footsteps.

So, who are the youngest self-made billionaires under 35?

Read on to find out for yourself and learn more about how these youngsters made their fortune and reached their billionaire status.

 

 

10. Patrick Collison

Patrick CollisonRecode

Industry: Technology

Age: 30

Net worth: $2.1 billion (£1.6 billion)

Patrick Collison is the cofounder and CEO of Stripe, an online payment software that he founded with his brother John. The purpose of their business is to allow consumers to make and accept payments with ease. The company is so successful that it powers many large companies and has high-profile investors including Elon Musk and Peter Thiel.

 

9. Jonathan Kwok

Jonathan Kwok and Vickie LiHong Kong Tatler

Industry: Real estate

Age: 30

Net worth: $2.5 billion (£1.9 billion)

Following the death of his late father Walter Kwok, Jonathan and his brother Geoffrey inherited a $3.1 billion (£2.4 million) stake in Hong Kong’s largest developer Sun Hung Kai Properties, effectively becoming one of the top 10 youngest self-made billionaires of 2019. Jonathan gained valuable experience working at Morgan Stanley prior to joining his father’s company; having worked on multiple transactions across various markets in Singapore, Hong Kong, China and Malaysia, he was able to apply his previous knowledge to help the family business grow.

 

8. Anna Kasprzak

Anna KasprzakKasprzak Dressage

Industry: Dressage

Age: 29

Net worth: $1 billion (£760.7 million)

While Anna Kasprzak’s primary source of income comes from her family-owned shoe manufacturing business ECCO, she also gains a vast amount of revenue from her dressage competitions. Her biggest competition yet was the 2016 Olympics, where she came in 14th place. To ensure she stays on her A-game, she operates a private dressage barn in Haderslev, Denmark.

 

7. Ludwig Theodor Braun

Ludwig Theodor BraunLOLWOT

Industry: Medicine

Age: 29

Net worth: $1 billion (£760.7 million)

Twenty-nine-year-old Ludwig Theodor Braun owns 10% of the medical device company B. Braun Melsungen. His father initially took control of the business in 1977 when he turned a small drugstore into a million-dollar company, turning over $24 million (£18.3 million) in annual sales. Today, the company’s sales equal to just over $8 billion (£6.1 billion), making the Braun Family one of the richest in Germany.

 

6. Evan Spiegel

Evan SpiegelBloomberg

Industry: Multinational technology and social media

Age: 28

Net worth: $2.1 billion (£1.6 billion)

Evan Spiegel is the cofounder and CEO of Snap Inc, the company behind social media app Snapchat. Like Mark Zuckerberg, Spiegel also developed his technology tool with his fraternity brother and co-partner Bobby Murphy. He first appeared on the list in 2017, when Snap began trading, setting a great example of what exactly is a self-made billionaire.

 

 

5. John Collison

John CollisonTechCentral

Industry: Technology

Age: 28

Net worth: $2.1 billion (£1.6 billion)

Along with his brother Patrick (who appears at Number 10 on the list), John Collison gained their fortune and success entirely through their own efforts. The brother billionaires surrounded themselves with renowned investors, giving them the ability and power to build a reliable online payment system which is currently valued at a whopping $20 billion (£15.2 billion).

 

4. Gustav Magnar Witzøe

Gustav Magnar WitzøeAdresseavisen

Industry: Fish farming

Age: 26

Net worth: $3 billion (£2.3 billion)

Gustav Magnar Witzøe’s main source of wealth was gifted to him by his father, who founded the salmon farming company Salmar ASA in 1991. In 2013, Gustav was given nearly half of the business and used his newfound authority to refine the products into more sophisticated cuts with higher margins. Since then, Gustav has used his money to finance real estate companies and tech startups, and also finds time to model on the side as he’s signed to Team Models in Norway.

 

3. Katharina Andresen

Katharina Andresennewsbeezer.com

Industry: Finance

Age: 23

Net worth: $1.4 billion (£1.1 billion)

One-half of the Andresen sisters, Katharina Andresen made it onto this list as she inherited 42% of her father’s investment firm company Ferd. To learn more about the equity business and stock exchange, Katharina bagged an internship at the accounting firm Ernst & Young to further expand her knowledge and gain some valuable experience that can be transferred to the family business.

 

2. Alexandra Andresen

Alexandra AndresenBusiness Insider

Industry: Finance

Age: 22

Net worth: $1.4 billion (£1.1 billion)

Alexandra Andresen also owns 42% of Fred but is mainly focused on her personal interests rather than those of the business. The youngest of the Andresen sisters has a passion for horses and competes as an equestrian. She recently moved to Florida to focus on her dressage riding and to be close to her fiancé Joachim Tollefsen, a professional MMA fighter.

 

1. Kylie Jenner

Kylie JennerHello!

Industry: Cosmetics

Age: 21

Net worth: $1 billion (£760.7 million)

Kylie Jenner has been earning a paycheque from the young age of 10 when she first appeared on the family reality TV show Keeping Up with the Kardashians. However, her wealth isn’t down to the show. Instead, Kylie invested the $250,000 (£190,170) she saved from modelling gigs into her very first lip kits, which sold out within seconds of being launched. In just three years, Kylie has turned a single lip kit into a million-dollar business worth over $900 million (£684.4 million), proving that, although she comes from a wealthy family, she used the platform she built (currently 177 million followers across social media) to market herself and her products, making her the world’s youngest ever self-made billionaire.

 

 

What are your thoughts about this list? Who do you believe is actually a self-made billionaire? Join in on the conversation below to let us know!

If you liked this list, check out our list of the 10 richest self-made women in America and find out how they gained their fortune and success!