A common fantasy in young is getting rich to give yourself all the tastes. However, reaching this goal is not an easy task. In fact, there are few people who can at 20 years affirm that they have their future assured and much less those who can appear in a list of billionaires.
One of those few examples is Kevin David Lehmann, heir to Germany’s leading pharmacy chain, Dm-market) that with only 20 years ranked 1258 with a estimated net worth of $42.4 billion.
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In fact, only 6 names of the 2,640 that appear in the Forbes Magazine ranking are under 30 years old. Two sisters from Norway appear on the list, an American who put aside her studies to start a start-up, a Chinese man, and a salmon producer magnate.
Below, ages, nationalities and professions of a select group that made fantasy come true.
Gustav Magnar Witzoe – Rank 1000: $2.9 billion
This Norwegian boy from 29-year-old owns almost half of Salmar ASA, one of the world’s largest salmon producers. It should be noted that his share was given to him in 2013 by his father, Gustav Witzoe, who founded the company in 1991.
Salmar led the industrialization of fish farming in Norway, refining the product into more sophisticated cuts with higher margins. While his father still runs the company; Gustav is trying to make his own mark by investing in tech and real estate startups.
Kevin David Lehmann – Rank 1,258: $2.4 billion
This German boy is the youngest on the list with only 20 years. Es 50% owner of Germany’s leading pharmacy chain, DM (Drogerie Markt)which generates more than $14 billion in annual revenue.
The company got its start in 1973 when Goetz Werner opened its first store in Karlsruhe, Germany. In 1974, Kevin’s father, Guenther Lehman, who was then running the Pfannkuch supermarket chain, decided to invest in DM. Guenther quietly transferred ownership of her 50% interest from her to her son in 2017.
Neither Kevin David nor his father have been operationally involved in DM. Similarly, in the last two years his fortune has been reduced by one billion dollars, from US$3.3 billion to US$2.3 billion.
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Alexandra and Kataherina Andresen – Rank 1827: $1.6 billion
Las sisters of Norwegian origin are 26 and 27 years oldrespectively. They each inherited 42% of the family investment firm Ferd. His father, Johan, still runs the company and controls 70% of the votes through a two-class share structure.
Ferd manages hedge funds, is an active investor on the Nordic Stock Exchange and has private equity investments.
Wang Zelong – Rank 2071: $1.3 billion
This young Chinese man 26 years he has an estimated net worth of $1.3 billion. His fortune arises from a stake in CNNC Hua Yuan Titanium Dioxidewhich produces titanium dioxide in China.
Ryan Breslow – Rank 2,334: $1.1 billion
In 2014, Breslow dropped out of Stanford to launch payments startup Bolt. In January 2022, he stepped down as CEO to become CEO.
Breslow raised $1.3 billion for Bolt, including $355 million in January 2022, which valued the company at $11 billion. The firm lured investors including BlackRock, General Atlantic and SAP by promising Amazon-style payment to millions of online retailers.
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Within the ranking of the youngest billionaires on the planet is Sam Bankman-Friedfounder of FTX. It should be remembered that the businessman faces several criminal charges against him for the fall of FTX and Alameda Research. Among them, the payment of a million-dollar bribe to Chinese government officials.
The striking thing about the list is that his net worth includes $0 at rank 2455.
RM / ds
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