
<p><em>From makeup mogul Kylie Jenner to Hong Kong real estate heir Jonathan Kwok, these 10 billionaires are worth $15.9 billion combined.</em></p>



<p>Of the 2,095 billionaires in the world, only ten are 30 or younger. Together, this precocious bunch is worth $15.9 billion. They span the globe, hailing from the U.S., Brazil, Germany, Hong Kong, Ireland and Norway.</p>



<p>Despite the global markets falling in response to the COVID-19 pandemic,&nbsp;three&nbsp;people under 30 made the list for the first time this year.&nbsp;<a href="https://www.forbes.com/profile/pedro-de-godoy-bueno/#10a957165124">Pedro de Godoy Bueno</a>, age 29, inherited assets from his billionaire father, Edson de Godoy Bueno, who died in 2017. Pedro’s fortune rose in the past year to an estimated $1.1 billion as stock of Brazilian laboratory services firm Diagnósticos da América SA tripled. The second new entrant is&nbsp;<a href="https://www.forbes.com/profile/lisa-draexlmaier/#6d899607309c">Lisa Draexlmaier</a>, age 29, who owns and is co-CEO (with her father Fritz) of the holding company for German auto parts maker&nbsp;Fritz Draexlmaier Co &amp; KG.&nbsp;<a href="https://www.forbes.com/profile/elisabeth-furtwaengler/#5de9ffd82fe3">Elizabeth Furtwaenger</a>, 28, is now worth $1.2 billion after her father Hubert Burda gave her a 37.4% stake in the family’s media empire.</p>



<p>Just three of this elite cohort are <a href="https://www.forbes.com/sites/luisakroll/2019/04/08/in-defense-of-kylie-jenner-are-any-of-the-worlds-billionaires-entirely-selfmade/#7260729477b7">self-made</a> billionaires: Snap cofounder CEO <a href="https://www.forbes.com/profile/evan-spiegel/#494a4370529c">Evan Spiegel</a>, <a href="https://www.forbes.com/profile/john-collison/#67ba93f644f3">John Collison</a> of payments startup Stripe and, yes, makeup mogul <a href="https://www.forbes.com/profile/kylie-jenner/">Kylie Jenner</a>. In November, she inked a deal to sell a 51% stake in Kylie Cosmetics to beauty giant Coty Inc. for $600 million. Jenner recently donated $1 million to Cedars-Sinai Medical Center in Los Angeles, the hospital where she gave birth to daughter Stormi in 2018, to buy personal protective equipment such as masks and face shields.</p>



<p>Collison, born and raised in Limerick, Ireland, but now living in San Francisco, is the richest billionaire under 30, with a fortune of $3.2 billion. The value of his stake in privately held Stripe has nearly tripled in the past two years thanks to three nine-figure funding rounds. The most recent, a $250 million Series G in September, put Stripe’s valuation at $35 billion.</p>



<p>The seven others under 30 all inherited their wealth.&nbsp;<a href="https://www.forbes.com/profile/jonathan-kwok/#69b1a5157aef">Jonathan Kwok</a>, 28, first became a billionaire in his own right after his father, Hong Kong property mogul Walter Kwok, passed away in 2018.&nbsp;<a href="https://www.forbes.com/profile/alexandra-andresen/#7b2b64d9682a">Alexandra Andresen</a>, now 23, has been a billionaire since she was 19 thanks to her stake in Ferd, the Norwegian investment company her father still runs.</p>



<p><strong>Here are the 10 youngest members of the 2020 Billionaires list, starting with the youngest. Net worths were calculated using stock prices and exchange rates from March 18, 2020:</strong></p>



<figure class="wp-block-image"><img decoding="async" src="https://specials-images.forbesimg.com/imageserve/5e86a4380483f0000607a9d8/960x0.jpg?fit=scale" alt="1-LeftNumber960"/></figure>



<h2 class="wp-block-heading"><strong>KYLIE JENNER</strong></h2>



<h3 class="wp-block-heading">AGE:&nbsp;<strong>22</strong></h3>



<h3 class="wp-block-heading">NET WORTH:<strong>&nbsp;$1 BILLION</strong></h3>



<h3 class="wp-block-heading">SOURCE OF WEALTH:<strong> COSMETICS</strong></h3>



<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" src="https://www.forbesafrica.com/wp-content/uploads/2020/04/960x0.png" alt="" class="wp-image-44356" width="699" height="393" srcset="https://cms.forbesafrica.com/wp-content/uploads/2020/04/960x0.png 960w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/960x0-300x169.png 300w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/960x0-600x338.png 600w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/960x0-768x432.png 768w" sizes="(max-width: 699px) 100vw, 699px" /><figcaption>Image by JAMEL TOPPIN FOR FORBES</figcaption></figure>



<p>The celebrity-turned-makeup-mogul is the world’s youngest self-made billionaire ever. In November, she inked a deal to sell a 51% stake in Kylie Cosmetics to beauty giant Coty Inc. for $600 million.</p>



<figure class="wp-block-image"><img decoding="async" src="https://specials-images.forbesimg.com/imageserve/5e86a44aa1a0ef00060520d0/960x0.jpg?fit=scale" alt="2-LeftNumber960"/></figure>



<h2 class="wp-block-heading"><strong>ALEXANDRA ANDRESEN</strong></h2>



<h3 class="wp-block-heading">AGE:<strong>&nbsp;23</strong></h3>



<h3 class="wp-block-heading">NET WORTH:<strong>&nbsp;$1.1 BILLION</strong></h3>



<h3 class="wp-block-heading">SOURCE OF WEALTH:<strong>&nbsp;INVESTMENT FIRM</strong></h3>



<figure class="wp-block-image"><img decoding="async" src="https://specials-images.forbesimg.com/imageserve/5e86a45ea8396000070e786b/960x0.jpg?fit=scale" alt="3-LeftNumber960"/></figure>



<h2 class="wp-block-heading"><strong>KATHARINA ANDRESEN</strong></h2>



<h3 class="wp-block-heading">AGE:<strong>&nbsp;24</strong></h3>



<h3 class="wp-block-heading">NET WORTH:<strong>&nbsp;$1.1 BILLION</strong></h3>



<h3 class="wp-block-heading">SOURCE OF WEALTH:<strong>&nbsp;INVESTMENT FIRM</strong></h3>



<p>The Norwegian sisters each inherited 42% of the family-owned investment company Ferd in 2007. Their father Johan still runs Ferd and controls 70% of the voting rights via a dual-class share structure.</p>



<figure class="wp-block-image"><img decoding="async" src="https://specials-images.forbesimg.com/imageserve/5e86a47010005200067dea9a/960x0.jpg?fit=scale" alt="4-LeftNumber960"/></figure>



<h2 class="wp-block-heading"><strong>GUSTAV MAGNAR WITZOE</strong></h2>



<h3 class="wp-block-heading">AGE:<strong>&nbsp;26</strong></h3>



<h3 class="wp-block-heading">NET WORTH:<strong>&nbsp;$2.3 BILLION</strong></h3>



<h3 class="wp-block-heading">SOURCE OF WEALTH:<strong>&nbsp;FISH FARMING</strong></h3>



<p><a href="https://www.forbes.com/profile/gustav-magnar-witzoe/#287bc32e1fc0">Witzoe</a> owns nearly half of Salmar ASA, one of the world’s largest salmon producers, which is still run by his father. The Norwegian heir has dabbled in modeling as well as tech and real estate investing.</p>



<figure class="wp-block-image"><img decoding="async" src="https://specials-images.forbesimg.com/imageserve/5e86a484a8396000070e786e/960x0.jpg?fit=scale" alt="5-LeftNumber960"/></figure>



<h2 class="wp-block-heading"><strong>ELIZABETH FURTWAENGER</strong></h2>



<h3 class="wp-block-heading">AGE:<strong>&nbsp;28</strong></h3>



<h3 class="wp-block-heading">NET WORTH:<strong>&nbsp;$1.2 BILLION</strong></h3>



<h3 class="wp-block-heading">SOURCE OF WEALTH:<strong>&nbsp;PUBLISHING</strong></h3>



<p>Furtwaenger and her older brother Jacob were each given a 37.4% stake in the family’s German media company by their father, Hubert Burda, who is no longer a billionaire. Burda Media’s titles include the German editions of&nbsp;<em>Elle</em>&nbsp;and&nbsp;<em>Playboy.&nbsp;</em>Furtwaenger and her brother Jacob serve on the board of directors.</p>



<figure class="wp-block-image"><img decoding="async" src="https://specials-images.forbesimg.com/imageserve/5e86a4951ef5ae000679d5a1/960x0.jpg?fit=scale" alt="6-LeftNumber960"/></figure>



<h2 class="wp-block-heading"><strong>JONATHAN KWOK</strong></h2>



<h3 class="wp-block-heading">AGE:<strong>&nbsp;28</strong></h3>



<h3 class="wp-block-heading">NET WORTH:<strong>&nbsp;$2 BILLION</strong></h3>



<h3 class="wp-block-heading">SOURCE OF WEALTH:<strong>&nbsp;REAL ESTATE</strong></h3>



<p>Kwok, along with his older brother Geoffrey, inherited their late father Walter Kwok’s stake in Sun Hung Kai Properties, Hong Kong’s largest developer, in 2018. Shares of Hong Kong-listed SHKP have declined nearly 18% since the coronavirus outbreak at the start of the year.</p>



<figure class="wp-block-image"><img decoding="async" src="https://specials-images.forbesimg.com/imageserve/5e86a4a510005200067dea9d/960x0.jpg?fit=scale" alt="7-LeftNumber960"/></figure>



<h2 class="wp-block-heading"><strong>JOHN COLLISON</strong></h2>



<h3 class="wp-block-heading">AGE:<strong>&nbsp;29</strong></h3>



<h3 class="wp-block-heading">NET WORTH:<strong>&nbsp;$3.2 BILLION</strong></h3>



<h3 class="wp-block-heading">SOURCE OF WEALTH:<strong>&nbsp;STRIPE</strong></h3>



<p>Stripe, the payments company founded by John and his older brother Patrick, raised $250 million from investors at a $35 billion valuation in September 2019. John, born and raised near Limerick, Ireland, now lives in San Francisco, where Stripe is headquartered.</p>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="960" height="960" src="https://www.forbesafrica.com/wp-content/uploads/2020/04/960x0-1.png" alt="" class="wp-image-44357" srcset="https://cms.forbesafrica.com/wp-content/uploads/2020/04/960x0-1.png 960w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/960x0-1-300x300.png 300w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/960x0-1-100x100.png 100w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/960x0-1-600x600.png 600w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/960x0-1-150x150.png 150w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/960x0-1-768x768.png 768w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/960x0-1-80x80.png 80w" sizes="(max-width: 960px) 100vw, 960px" /><figcaption>Image by JAMEL TOPPIN FOR FORBES</figcaption></figure>



<figure class="wp-block-image"><img decoding="async" src="https://specials-images.forbesimg.com/imageserve/5e86a4b5a1a0ef00060520d3/960x0.jpg?fit=scale" alt="8-LeftNumber960"/></figure>



<h2 class="wp-block-heading"><strong>EVAN SPIEGEL</strong></h2>



<h3 class="wp-block-heading">AGE:<strong>&nbsp;29</strong></h3>



<h3 class="wp-block-heading">NET WORTH:<strong>&nbsp;$1.9 BILLION</strong></h3>



<h3 class="wp-block-heading">SOURCE OF WEALTH:<strong>&nbsp;SNAP</strong></h3>



<p>The Snapchat cofounder is one of the youngest CEOs of a publicly-traded company in the world. After rallying in 2019, Snap stock is down 50% since the start of the year. Spiegel, who was born in the U.S., quietly became a dual American-French citizen in 2018, according to reports in the&nbsp;<a href="https://www.lesechos.fr/tech-medias/hightech/exclusif-comment-le-pdg-de-snapchat-est-devenu-francais-1156728" target="_blank" rel="noreferrer noopener">French press</a>.</p>



<figure class="wp-block-image"><img decoding="async" src="https://specials-images.forbesimg.com/imageserve/5e886a4ab0a4e4000746bc7e/960x0.jpg?fit=scale" alt="Evan Spiegel"/><figcaption>Image by MICHAEL GRECO</figcaption></figure>



<figure class="wp-block-image"><img decoding="async" src="https://specials-images.forbesimg.com/imageserve/5e86a4c51ef5ae000679d5a4/960x0.jpg?fit=scale" alt="9-LeftNumber960"/></figure>



<h2 class="wp-block-heading"><strong>PEDRO DE GODOY BUENO</strong></h2>



<h3 class="wp-block-heading">AGE:<strong>&nbsp;29</strong></h3>



<h3 class="wp-block-heading">NET WORTH:<strong>&nbsp;$1.1 BILLION</strong></h3>



<h3 class="wp-block-heading">SOURCE OF WEALTH:<strong>&nbsp;DIAGNOSTIC SERVICES</strong></h3>



<p>A newcomer to the billionaire ranks, Pedro is the son of the late Edson de Godoy Bueno (d. 2017), once Brazil’s richest healthcare billionaire. Bueno is the CEO and largest shareholder of laboratory services firm Diagnósticos da América SA, which has seen its shares nearly triple over the past year.</p>



<figure class="wp-block-image"><img decoding="async" src="https://specials-images.forbesimg.com/imageserve/5e86a4d4a1a0ef00060520d6/960x0.jpg?fit=scale" alt="10-LeftNumber960"/></figure>



<h2 class="wp-block-heading"><strong>LISA DRAEXLMAIER</strong></h2>



<h3 class="wp-block-heading">AGE:<strong>&nbsp;29</strong></h3>



<h3 class="wp-block-heading">NET WORTH:&nbsp;<strong>$1 BILLION</strong></h3>



<h3 class="wp-block-heading">SOURCE OF WEALTH:<strong>&nbsp;AUTO PARTS</strong></h3>



<p>Draexlmaier and her father, Fritz, are co-CEOs of Fritz Draexlmaier Holdings GmbH, the holding company of the autoparts maker of the same name. Lisa, now the sole owner, joins the billionaires’ list for the first time.</p>



<p><em>Editor&#8217;s note: This post has been updated to include Elizabeth Furtwaenger.</em></p>



<p><em>&#8211;<a href="https://www.forbes.com/sites/hayleycuccinello/">Hayley C. Cuccinello</a>, Forbes Staff, <a href="https://www.forbes.com/worlds-billionaires">Billionaires</a></em></p>


kylie

Meet The World’s 10 Youngest Billionaires In 2020

<p><strong>Tanzanian entrepreneur Mohammed Dewji was abducted on Thursday morning on his way to a gym session at a luxury hotel in Oyster Bay, Dar es Salaam. </strong></p>
<p></p>
<p>According to reports emerging, masked gunmen in two cars ambushed the prominent businessman as he walked into the exclusive Colosseum Hotel and Fitness Club, where he is a member.</p>
<p>Three people have been arrested in connection with the incident and two of the abductors are believed to be foreign nationals, says a <em>BBC</em> report.</p>
<p>A <em>Reuters</em> report quotes Dar es Salaam regional commissioner Paul Makonda as saying the businessman was kidnapped by two men as he entered the hotel.</p>
<p>“They fired a gun and then they opened the gate,” Makonda said, adding that security personnel had started a search for Dewji.</p>
<p>Featured as a FORBES AFRICA cover in July 2013 and as FORBES AFRICA’s Person of The Year in 2016, the 43-year-old single-handedly turned his father’s trading business into Tanzania’s largest import-export group.</p>
<p><img loading="lazy" decoding="async" class="size-medium wp-image-37430 alignright" src="https://www.forbesafrica.com/wp-content/uploads/2018/10/use-200x300.jpg" alt="" width="200" height="300" srcset="https://cms.forbesafrica.com/wp-content/uploads/2018/10/use-200x300.jpg 200w, https://cms.forbesafrica.com/wp-content/uploads/2018/10/use-300x449.jpg 300w, https://cms.forbesafrica.com/wp-content/uploads/2018/10/use-600x899.jpg 600w, https://cms.forbesafrica.com/wp-content/uploads/2018/10/use-768x1151.jpg 768w, https://cms.forbesafrica.com/wp-content/uploads/2018/10/use-684x1024.jpg 684w, https://cms.forbesafrica.com/wp-content/uploads/2018/10/use.jpg 1367w" sizes="(max-width: 200px) 100vw, 200px" /></p>
<p>“Slowly, slowly, I am planning to take on the whole continent. I am very bullish,” he told FORBES AFRICA.</p>
<p><a href="http://www.forbesafrica.com/focus/2013/07/01/1-3-billion-tsar-dar/" target="_blank" rel="noopener">READ MORE: The $1.3 billion TSAR of Dar</a></p>
<p>Dewji is the CEO of MeTL active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa. He is also the main sponsor of football club Simba.</p>
<p>In September, he met with FORBES AFRICA editor Methil Renuka to talk about plans to expand his business into the rest of the continent.</p>
<p>“It was a brief meeting and he had breathlessly related his business plans for the next two years; the new industries in his pipeline, and his desire to develop Tanzania with every new technology and product on the market. He emphasized the value he places on Africa’s human capital, the role of the youth to steer the continent’s bright future, as he has done,” says Renuka.</p>
<p>News about the kidnapping has sent shockwaves on social media and across Africa.</p>
<p>According to FORBES’ Africa Billionaires list released earlier this year, Dewji is worth $1.5 billion.</p>
<p><strong>Update: Family issues reward after Africa’s youngest billionaire goes missing</strong><br />
The family of billionaire Mohammed Dewji has issued a reward for anyone with information on his whereabouts.<br />
Dewji’s family has offered 1 billion Tanzanian Shillings ($436,674) to anyone who can help them find the president of the MeTL Group.<br />
The Tanzanian entrepreneur was abducted last month on his way to a gym session at a luxury hotel in Oyster Bay in Dar es Salaam.<br />
Azim Dewji, a family spokesperson, said in a statement: “We would also like to show our sincere gratitude to everyone for their tremendous outpouring of love and support that we have received in the wake of such adversity. We urge you to continue keeping MO in your prayers as our nation continues the search for him.”<br />
Dewji was featured on the cover of FORBES AFRICA in July 2013 and was named FORBES AFRICA’s Person of The Year in 2016. The 43-year-old single-handedly turned his father’s trading business into Tanzania’s largest import-export group.<br />
Dewji’s personal networth is $1.5 billion, according to the Africa billionaires list released by FORBES earlier this year. He is also Africa’s youngest billionaire.</p>
<p>Read the Family&#8217;s Public notice here<a href="https://www.forbesafrica.com/wp-content/uploads/2018/10/Public-Notice-Dewji-Spokesperson-15-October-2018.pdf">:Public-Notice-Dewji-Spokesperson-15-October-2018</a></p>

Tag: Young Billionaire

FORBES AFRICA SOCIAL MEDIA

Meet The World’s 10 Youngest Billionaires In 2020

Update: Family issues reward after Africa’s youngest billionaire goes missing