Youth and wealth ...
is there a better combination? Historically, there have been those blessed with billionaire status at a very young age, either through inheritance or self-made ventures. However, for the first time in 15 years, there are no self-made billionaires under the age of 30 on Forbes’ World’s Youngest Billionaires 2024 – a sign that the “great wealth transfer” to the next generation has begun, according to the magazine. In other words, we’re truly in the era of the nepo baby.
The world’s youngest billionaire is 19-year-old Livia Voigt, who is still in university. The Brazilian teenager is worth around US$1.1 billion as a result of her minority stake in the electrical equipment company WEG, co-founded by her late grandfather.
{"@context":"https://schema.org","@type":"ImageObject","caption":"Hong Kong’s youngest billionaire, Jonathan Kwok. Photo: LinkedIn","url":"https://img.
i-scmp.com/cdn-cgi/image/fit=contain,width=1024,format=auto/sites/default/files/d8/images/canvas/2024/08/16/02491b9b-d7a7-4398-91eb-712c46ed1bc4_8242977a.jpg"} Hong Kong’s youngest billionaire, Jonathan Kwok.
Photo: LinkedIn Meanwhile, in Hong Kong, the youngest billionaire is 32-year-old Jonathan Kwok, who inherited stakes in Sun Hung Kai Properties and Empire Group Holdings after his father Walter Kwok’s death in 2018. Jonathan is now running Empire Group Holdings with his brother Geoffrey, 38. Meet the top eight youngest billionaires in the world, according to Forbes at t.