World's Youngest Billionaires In 2023

WRITTEN BY SUMI DEKA

19-year-old Ben Francis is the youngest one on this list with a net worth of $1.2 billion. He is the owner of the Sportswear company Gymshark which earned revenue of around $500 million in 2021.

US-based Palmer Luckey’s net worth is reported to be around $1.7 billion. He established the VR headset manufacturer Oculus and is the owner of a defence technology company Anduril.

At the age of 30, Mark Mateschitz’s net worth is reported to be $34.7 billion. He was the chief of organics of the energy drink company Red Bull.

Michael Strnad is the head of the Czechoslovak Group which provides ammunition, ground equipment, and military device to the Ukrainian army. The company has earned profits of around $620 million.

With a net worth of $2.7 billion, Gustav Magnar Witzoe has been a shareholder in a fish farming company. He inherited half of the salmon farming company SalMar ASA from his father Gustav Witzoe.

Following Leonardo Del Vecchio’s death in June 2022, he left 12.5% of his wealth for his family. Leonardo Maria is Luxottica’s Head of Strategy and his net worth is around $3.5 billion.

Katharina Andresen’s net worth is estimated to be $1.5 billion. She is currently the sustainability manager for a building company in Oslo.

Jung-min Kim had a 15% stake in game developer Nexon after her father died in 2022. She is reportedly 21 years old with a net worth of $1.7 billion.

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