World's five youngest moguls control $12.3 billion fortune; Who are they?
Business Today Sri Lanka|November 2023
In an era where youthfulness and innovation are highly prized, a new breed of business tycoons has emerged globally. These individuals, barely into their 20s, have harnessed their entrepreneurial acumen, cutting-edge ideas, and support systems to amass a staggering fortune.
World's five youngest moguls control $12.3 billion fortune; Who are they?

Particularly, data acquired by Finbold indicates that as of Q3 2023, the world’s five youngest billionaires collectively control a staggering $12.3 billion in wealth as of September 21. At 22, Italy’s Luca Del Vecchio, a prominent figure in the eyeglasses industry, with links to the Luxottica Group leads the pack with a fortune valued at $3.9 billion. He owns eyewear brands like Armani Exchange, Burberry and Dolce. His brother, Clemente Del Vecchio, also active in the same industry, has amassed a wealth of $3.9 billion at the age of 19.

In third place is Germany’s Kevin David Lehmann, aged 21, who has made a mark in the drugstore industry, boasting a net worth of $2.5 billion. Lehman acquired his fortune through a stake in Germany’s leading drugstore chain, DM (Drogerie Markt).

Elsewhere, South Korea’s Kim Jung-youn, at 19 years old, secures the fourth position with an impressive fortune of $1 billion. Occupying the fifth spot is Kim Jung-min, aged 21, who shares a valuation of $1 billion with her compatriot. These South Korean siblings have accrued their wealth through their stake in the online gaming giant Nexon (NXC), founded by their late father, Kim Jung-Ju.

How the young billionaires are making money 

هذه القصة مأخوذة من طبعة November 2023 من Business Today Sri Lanka.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 2023 من Business Today Sri Lanka.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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