Style Living Self Celebrity Geeky News and Views
In the Paper BrandedUp Hello! Create with us Privacy Policy

12 billionaires under 30 that made it to Forbes 2022 list

By NICK GARCIA Published Apr 07, 2022 6:26 pm

Forbes just unveiled its World’s Billionaires list of 2022, and 12 individuals below 30 years old made it into the elite lineup—with the youngest one at 19.

In Forbes's billionaire list composed of 2,668 individuals, Kevin David Lehmann was named as the youngest three-comma club member for the second straight year, with a net worth of $2.4 billion.

Lehmann just inherited half of the stakes of Germany's largest drug store chain dm-drogerie markt from his father Guenther Lehmann. Founded in 1973, "DM" has over 3,700 branches and 62,000 employees and reportedly generates $12 billion in annual revenue.

The father and son, however, are neither involved in its daily operations.

Gary Wang, 28, is the richest among the list's twenty-something billionaires, with a net worth of $5.9 billion. Wang's the co-founder and chief technology officer of FTX, a cryptocurrency exchange based in the Bahamas.

Also joining Wang on the list are billionaire Stanford University dropouts Ryan Breslow (27) of Bolt, a one-click checkout payment software e-commerce company ($2 billion) as well as Pedro Franceschi (25) and Henrique Dubugras (26) who both founded corporate credit-card start-up Brex. The duo has a net worth of $1.5 billion each.

Here are all the 10-digit earners of Forbes's under-30 billionaire list, ranked from oldest to youngest. Altogether, they're worth $25.8 billion, which accounts for about 0.5% of the entire roster.

Andy Fang, 29 $1.1 billion

Forbes, courtesy of Doordash

Source: DoorDash, food delivery app

Country: United States

Stanley Tang, 29 $1.2 billion

Forbes, courtesy of Doordash

Source: DoorDash

Country: United States

Gustav Magnar Witzoe, 28 $4.5 billion

Gustav Magnar Witzoe's Instagram

Source of wealth: Salmar ASA, one of the world's largest salmon producers

Country: Norway

Gary Wang, 28 $5.9 billion

Source of wealth: FTX, cryptocurrency

Country: United States

Ryan Breslow, 27 $2 billion

Aaron Kotowski/Forbes

Source: Bolt, a one-click checkout payment software company

Country: United States

Austin Russell, 27 – $1.6 billion

Michael Prince/Forbes

Source: Luminar Technologies, autonomous car tech

Country: United States

Katharina Andresen, 26 – $1.3 billion

Forbes, courtesy of NTB Scanpix/Sipa USA

Source of wealth: Ferd AS, investment firm

Country: Norway

Henrique Dubugras, 26 – $1.5 billion

Forbes, courtesy of Brex

Source of Wealth: Brex, corporate credit-card start-up

Country: Brazil

Wang Zelong, 25 – $1.5 billion

Source of Wealth: CNNC Hua Yuan Titanium Dioxide and Lomon Billions Group, chemical production companies

Country: China

Pedro Franceschi, 25 – $1.5 billion

Forbes, courtesy of Brex

Source of Wealth: Brex

Country: Brazil

Alexandra Andresen, 25 – $1.3 billion

Forbes, courtesy of NTB Scanpix/Sipa USA

Source of wealth: Ferd AS

Country: Norway

Kevin David Lehmann, 19 – $2.4 billion

Source: dm-drogerie markt, drug store chain 

Country: Germany