According to Forbes Billionaires List 2024, a 19-year-old Brazilian student Livia Voigt was named the youngest billionaire. She took this title from an Italian teen, Clemente Del Vecchio, who is just two months older than her.
Livia Voigt is the heiress of Latin America’s one of the largest electrical motors manufacturers. Livia is the largest individual shareholder at WEG, a company her grandfather, Werner Ricardo Voigt, co-founded. As per the Forbes report, she is currently a university student and not even part of the company’s board. Her net worth is $1.1 billion.
For the first time since 2009, none of Forbes “World’s Youngest Billionaires” under 30 are self-made this year. The billionaires under 30 all inherited their wealth, which Forbes reported is due to the self-made ones aging into their 30s and the start of the “great wealth transfer.”
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