Who was the first 20 year old billionaire?

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By Nick

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Forbes has released its list of the world’s youngest billionaires, with the top five including South Korean messaging app founder Kim Jung-Youn, 18, worth $1.8bn; German drugstore chain inheritor Kevin David Lehmann, 20, worth $3.3bn; Chinese tech company founder Alexandr Wang, 25, worth $1.7bn; self-driving car lidar sensor developer Luminar Technologies CEO Austin Russell, 27, worth $2.4bn; and Snap Inc co-founder Evan Spiegel, 31, worth $10.5bn.

Who Was the First 20 Year Old Billionaire?

In the world of entrepreneurship, age is just a number. Many young entrepreneurs have made it big in the business world, becoming billionaires at a very young age. Over the years, Forbes has compiled a list of the youngest billionaires in the world. As of November 2022, here are the top five youngest billionaires according to Forbes:

1. Kim Jung-Youn, 18

Kim Jung-Youn is the youngest billionaire in the world, with a net worth of $1.8 billion. He is the founder and CEO of KakaoTalk, a popular messaging app in South Korea. Kim founded the company when he was just 15 years old, and it has since become one of the most successful tech companies in South Korea.

2. Kevin David Lehmann, 20

Kevin David Lehmann is the second youngest billionaire in the world, with a net worth of $3.3 billion. He inherited his wealth from his father, Guenther Lehmann, who is the founder of the German drugstore chain dm-drogerie markt. Kevin owns a 50% stake in the company, making him one of the richest people in Germany.

3. Alexandr Wang, 25

Alexandr Wang is a Chinese entrepreneur with a net worth of $1.7 billion. He is the founder and CEO of Anker Innovations, a tech company that specializes in portable charging devices. Wang founded the company when he was just 19 years old, and it has since become one of the most successful tech companies in China.

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4. Austin Russell, 27

Austin Russell is an American entrepreneur with a net worth of $2.4 billion. He is the founder and CEO of Luminar Technologies, a company that develops lidar sensors for self-driving cars. Russell founded the company when he was just 17 years old, and it has since become one of the most successful companies in the self-driving car industry.

5. Evan Spiegel, 31

Evan Spiegel is an American entrepreneur with a net worth of $10.5 billion. He is the co-founder and CEO of Snap Inc., the parent company of Snapchat. Spiegel co-founded the company when he was just 22 years old, and it has since become one of the most popular social media platforms in the world.

In conclusion, age is just a number when it comes to entrepreneurship. These young billionaires prove that with hard work, dedication, and a great idea, anyone can become successful regardless of their age. It’s inspiring to see so many young entrepreneurs making a difference in the world and changing the way we live our lives. Who knows, maybe the next young billionaire is reading this article right now.

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