Johannes von Baumbach, 19
Johannes is the youngest of the heirs to German pharmaceutical giant Boehringer Ingelheim, who are new to Forbes’ billionaire list this year.
Founded in 1885, the firm has deep entrepreneurial roots that trace back to 1817. It has been led by Johannes’ uncle, Hubertus von Baumbach, since 2015.
The von Baumbach family is known for their preference for privacy, making it unclear whether Johannes or his siblings play any role in the company.
Johannes is known to be a competitive skier in Austria.
His net worth stood at $5.4 billion as of March 7.
Livia Voigt, 20
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Livia Voigt. Photo from Instagram |
Livia Voigt is one of 18 heirs to the WEG electrical motor fortune and was last year’s youngest billionaire, according to The Sun.
She inherited a 3.1% stake in the Brazilian company after her grandfather Werner Ricardo Voigt, WEG’s billionaire co-founder, passed away in 2016.
WEG is a major player in the electric motor manufacturing industry, with operations in 41 countries and production facilities in 17, as per its website.
Voigt, who was named the world’s youngest billionaire last year, holds no active role in the company’s daily operations and is studying psychology.
Her net worth was estimated at $1.1 billion as of March 7.
Clemente Del Vecchio, 20
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Clemente Del Vecchio. Photo from Instagram |
Clemente Del Vecchio’s wealth stems from a 12.5% stake in Delfin, a holding company founded by his father, Leonardo Del Vecchio, who passed away in 2022.
Delfin boasts a diverse portfolio, with stakes in the eyeglasses giant EssilorLuxottica, renowned for its iconic Ray-Ban brand, as well as investments in major entities like insurer Generali and leading lender UniCredit.
The value of the Del Vecchio family’s Delfin holdings is around 40 billion euro (US$43.2 billion), having increased by 50% increase over the past two years, Bloomberg reported in January.
As of March 7, Del Vecchio’s net worth was estimated at $6.6 billion.
Kim Jung-youn, 21
Kim Jung-youn and her sister each inherited a 9% stake in South Korean-Japanese gaming publisher Nexon after their father, Kim Jung-ju, the company’s founder, passed away in 2022.
The inheritance made her the world’s youngest billionaire that year, South Korean newspaper The Chosun Daily reported.
Nexon is known for hit games such as “The Kingdom of the Winds,” “Kart Rider,” “Crazy Arcade,” and “MapleStory.”
Jung-youn had a net worth of $1.3 billion as of March 7.
Kevin David Lehmann, 22
Kevin David Lehmann holds a 50% stake in dm-drogerie markt, one of Germany’s largest drugstore chains with approximately 4,120 locations across Europe.
His father, Günther Lehmann, invested in the firm in 1974 and later transferred the stake to Kevin in 2017 when he was 14. Neither of them plays an active role in the business.
His fortune amounted to $3.6 billion as of March 7.
