While many people have questioned the criteria that create a ‘self-made’ billionaire, Forbes has continued to judge the most wealthy based on their companies’ profits, listing the world’s youngest ever self-made billionaire, as of March 2019.
With John Collison, Eva Maria Braun-Luedicke, Jack Ma, Oprah Winfrey, Bobby Murphy, Wang Han, and Mark Zuckerberg all having been listed among the world’s youngest self-made billionaires at one point or another, it’s a great honor for Kylie Jenner and her peers to follow in their footsteps.
So, who are the youngest self-made billionaires under 30? Let's 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
Industry: Technology
Age: 30
Net worth: $2.1 billion
Brother of John Collison, Patrick Collison is the co-founder and CEO of Stripe. The purpose of their business is to allow customers to make and accept payments with ease. The company is so successful that it powers many big companies and has high-profile investors including Elon Musk and Peter Thiel.
9. Jonathan Kwok
Industry: Real estate
Age: 30
Net worth: $2.5 billion
Age: 30
Net worth: $2.5 billion
Jonathan Kwok is the younger son of the late Walter Kwok, he was the former chairman of Hong Kong's largest developer, Sun Hung Kai Properties. Walter Kwok died on Oct. 20, 2018, at age 68. He had been ousted as company chairman in 2008 in a feud with his two brothers, names Thomas and Raymond. After his father died, Jonathan and his brother, Geoffrey, took over Empire Group Holdings, a property developer that Walter started after he left SHKP.
8. Anna Kasprzak
Industry: Dressage
Age: 29
Net worth: $1 billion
Anna Kasprzak is a Danish dressage rider. Her primary source of income comes from her family-owned shoe manufacturing business ECCO. Anna Kasprzak represented Denmark at two Summer Olympics. Her best competition was the 2012 Olympic, where she came in 4th place.
7. Ludwig Theodor Braun
Industry: Medicine
Age: 29
Net worth: $1 billion
A 29 years old Ludwig Theodor Braun owns 10% of the medical device company B. Braun Melsungen. His father initially took authority of the business in 1977 when he turned a tiny drugstore into a million-dollar company, turning over $24 million in annual sales. Today, the company’s sales equivalent to just over $8 billion, making the Braun Family one of the richest in Germany.
6. Evan Spiegel
Industry: Multinational technology and social media
Age: 28
Net worth: $2.1 billion
Evan Spiegel is the co-founder and CEO of Snap Inc, a camera company which leads Snapchat — a photo messaging service that gives temporary photos between friends. Evan Spiegel studied product design at Stanford University, where he met his co-founder and partner billionaire, Bobby Murphy. Evan Spiegel is only 28 years old and has a net worth of $4.1 billion.
5. John Collison
Industry: Technology
Age: 28
Net worth: $2.1 billion
John Collison is the owner and co-founder of Stripe, a company that creates software for businesses to plug into websites and apps to directly connect with the credit card and banking systems in order to receive payments. The Irish entrepreneur arranges the idea for Stripe with his brother, Patrick when they were both attending university in Boston. After a current round of funding, the company is valued at a whopping $20 billion, according to reports.
4. Gustav Magnar Witzoe
Industry: Fish farming
Age: 26
Net worth: $3 billion
Gustav Magnar Witzoe owns nearly half of SalMar ASA, he is one of the world's largest salmon producers. SalMar initiates the industrialization of salmon farming in Norway. This stake was conferred to him in 2013 by his father, Gustav Magar Sr., who founded the company in 1991. Just because Witzoe Sr. till now runs the company, Gustav invests in real estate and tech startups.
3. Katharina Andresen
Industry: Finance
Age: 23
Net worth: $1.4 billion
Katharina Gamlemshaug Andresen is a Norwegian heiress, and as of March 2019, she is the world's third-youngest billionaire as reported by Forbes. Katharina Andresen is the daughter of Johan H. Andresen Jr., owner of Ferd AS, who transferred 42.2% ownership stakes each to Katharina and her sister Alexandra in 2007.
2. Alexandra Andresen
Industry: Finance
Age: 22
Net worth: $1.4 billion
Born in 1996, Alexandra Andresen is the world's second-youngest billionaire. She also owns 42% of Fred but is mainly focused on her personal interests rather than those of the business. The Katharina Andresen younger sisters have a passion for horses and compete as an equestrian. She recently shifted to Florida to concentrate on her dressage riding and to be close to her fiancé Joachim Tollefsen, a professional MMA fighter.
1. Kylie Jenner
Industry: Cosmetics
Age: 21
Net worth: $1 billion
Born in 1997, Kylie Kristen Jenner is an American media personality, model, entrepreneur, and socialite. She has 1o years old when she first starred in a reality tv show Keeping Up with the Kardashians since 2007 and also, is the founder and owner of cosmetic company Kylie Cosmetics. However, her money isn’t down to the show. Instead, Kylie invested the $250,000, she saved from modeling gigs into her very first lip kits, which is sold out within seconds of being launched. In just 3 years, Kylie has turned a single lip kit into a million-dollar business worth over $900 million. Although she comes from a wealthy family, she used the social media platform she built to market herself and her products, making her the world’s no. 1 youngest self-made billionaire.
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