New Delhi:
Forbes releases a list of billionaires every year, and this year, all eyes are on Clemente Del Vecchio. What's catching everyone's attention is that he is just 19 years old, making him the youngest billionaire to feature on the prestigious list.
Clemente's father, Italian billionaire Leonardo Del Vecchio, former chairman of EssilorLuxottica, the world's largest eyeglasses firm, passed away at 87 in June last year. His substantial $25.5 billion fortune was inherited by his wife and six children, including Clemente- who became the world's youngest billionaire in 2022.
Some facts about the youngest billionaire:
- Clemente Del Vecchio became a billionaire at the age of 18.
- He has inherited a 12.5% stake in his father's holding company, Delfin, based in Luxembourg.
- ClementeDel Vecchio's net worth currently stands at $4 billion, as perForbes.
- Clemente Del Vecchio, despite his substantial inheritance, is reportedly focused on his studies and personal interests. He has shown a keen interest in science and technology, expressing a desire to attend college and pursue a career in these fields.
- Clemente Del Vecchio reportedly owns several luxury properties in Italy, including a villa in Lake Como and an apartment in Milan.
Despite the vast family wealth stemming from Leonardo's leadership, which included the acquisition of major brands like Sunglass Hut and Ray-Ban, Clemente maintains a low profile and reportedly does not directly engage in his father's businesses.
Clemente Del Vecchio's oldest brother, Claudio, rose to prominence after his father sent him to the United States at 25 in 1982. For 15 years, he managed Luxottica in the US and made notable acquisitions like LensCrafters for $1.4 billion in 1995. In 2001, Claudio bought Brooks Brothers for $225 million, but it faced financial troubles and filed for bankruptcy in July 2020. Clemete's second-oldest brother, Leonardo Maria, is involved in the family business, leading Italian retail for Luxottica. Interestingly, not many know that Clemete Del Vecchio's grandfather worked as a vegetable peddler in Milan and passed away before he was born.
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Livia Voigt
Voigt, 19, is the leading shareholder of WEG Industries, a Brazil-based manufacturer of electric motors, according to Forbes. Her grandfather, Werner Ricardo Voigt, cofounded WEG in 1961.
Who is the youngest person to be a billionaire? ›
– Livia Voigt, the world's youngest billionaire, has surpassed Clement Del Vecchio, heir to EssilorLuxottica, who is only two months older than her. – Livia Voigt's wealth comes from being one of the largest individual shareholders of WEG, the largest manufacturer of electrical motors in Latin America.
Who is the youngest billionaire in 2024? ›
Dora Voigt d Assis is the older sister of Livia Voigt de Assis, the youngest billionaire on this list. She is also one of the largest individual shareholders of WEG, the largest manufacturer of electrical motors in Latin America.
Who is the 19 year old female millionaire? ›
Livia Voigt
WEG was was cofounded by her grandfather, Werner Ricardo Voigt, along with late billionaires Eggon Joao da Silva and Geraldo Werninghaus. As explained by Forbes, WEG had revenues of approximately $6 billion US dollars in 2022. It's publicly-traded and multinational with factories in over 10 countries.
Who is the richest kid in the world 2024? ›
1. Princess Charlotte of Cambridge: Topping the list with a colossal estimated net worth of $5 billion is the royal gem. As the second child of Prince William and Kate Middleton, her inheritance includes vast land holdings, priceless art collections, and future access to the Crown Estate.
Who is the richest 23-year-old? ›
The World's 10 Youngest Billionaires
Makeup mogul Kylie Jenner is No. 1: With $1 billion at 22 years old, she remains the world's youngest self-made billionaire. At No. 2 is 23-year-old Alexandra Andresen, worth $1.1 billion.
Who is the richest 19 year old? ›
Synopsis. A 19-year-old Brazilian student, Livia Voigt, claims the title of the world's youngest billionaire, surpassing Italian teen Clemente Del Vecchio. Voigt, heiress to a major electrical motors manufacturer, holds a net worth of $1.1 billion.
How much money does Clemente Del Vecchio have? ›
Who is the top youngest richest? ›
Livia Voigt
Voigt, 19, is the leading shareholder of WEG Industries, a Brazil-based manufacturer of electric motors, according to Forbes. Her grandfather, Werner Ricardo Voigt, cofounded WEG in 1961. Forbes' profile of Voigt says she's currently a student, and has no active role in the company.
Who is the billionaire of 102 years old? ›
George Joseph, 102, is currently the world's oldest billionaire, according to the Forbes Billionaire List 2024. 102-year-old George Joseph is currently the world's oldest billionaire, according to the Forbes Billionaire List 2024.
Austin Russell who is Florida's youngest self-made billionaire, is the founder of Luminar Technologies. If you have not heard of that company, their technology specializes in machine perception technologies which are mostly used to build autonomous cars.
Is there a 12 year old millionaire? ›
Pixie Curtis, the 12-year-old child millionaire, made a return to the entrepreneurial work just over a year after declaring her retirement in order to focus on “school work.” She became famous when as a pre-schooler she started her businesses and maintained a presence on social media platform Instagram.
Who is the richest girl in the world? ›
Since 2021, Francoise Bettencourt Meyers has been listed as the world's wealthiest woman.
How to date a super rich girl? ›
#1: Be romantic
- #2: Talk intelligently. Watch what you say on the first date. ...
- #3: Be honest. You don't have to impress a wealthy woman with outrageous claims because she needs your companion and love. ...
- #5: Take care of your appearance. ...
- #6: Be confident. ...
- #7: Do not talk about finances. ...
- #8: Offer to pay.
Synopsis. A 19-year-old Brazilian student, Livia Voigt, claims the title of the world's youngest billionaire, surpassing Italian teen Clemente Del Vecchio. Voigt, heiress to a major electrical motors manufacturer, holds a net worth of $1.1 billion.
How old was Mark Zuckerberg when he became a billionaire? ›
Sorry, young folks, but Mark Zuckerberg — Meta Platforms' co-founder and CEO who became the world's youngest self-made billionaire at 23 — is the exception to the rule, not the norm.
