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Red Bull heir Marc Mateschitz has become the richest person in this category
Red Bull heir Mark Mateschitz became the richest person in the world at the age of 30, having inherited 49% of the energy drink company when his father died last October, according to the Forbes 2023 billionaires list.
Mateschitz has a net worth of $34.7 billion, but his dominance over this category of billionaires will not last long, as he will turn 31 next month.
His Austrian father, Dietrich Mateschitz, co-founded Red Bull in 1984. The company’s revenue rose by nearly a quarter in 2022 following it sold 11.6 billion cans of the energy drink globally, Bloomberg reported in January.
This year’s Forbes list, which used stock prices and exchange rates as of March 10 to calculate the personal wealth of the world’s richest people, includes 15 billionaires aged 30 or younger, who have a total net worth of $64 billion, according to Al Arabiya.net. .
11 of them have inherited their fortune, 4 are self-taught entrepreneurs, at least one is a college dropout and two are in their teens.
Together, the group represents just 0.6% of the 2,640 billionaires included in this years list, Forbes said.
The world’s newest teen billionaire – and the second richest on the Forbes list – is Clemente Del Vecchio, 18, who inherited $3.5 billion (along with two brothers) from his father Leonardo Del Vecchio, the billionaire founder of the Italian brand group Luxottica. Famous such as: “Sunglass Hut”, “Ray-Ban”, and “Oakley”.
Salmon magnate Gustav Magnar Witzu, 29, was the fourth richest person on the list with a net worth of $2.7 billion.
He inherited nearly half of his family’s Norwegian salmon farming company, Salmar, but is not involved in the business. Instead, he is a technology investor, according to Forbes.
German Kevin David Lehmann, 20, ranked fifth, with a fortune of $2.3 billion.
At the age of 14, Lehmann inherited a 50% stake in the chemistry chain “dm-drogerie” from his father, although it remained under guardianship until his 18th birthday.
Meanwhile, newcomers to the list include South Korean sisters Kim Young-min, 21, and Kim Young-eun, 19, both of whom inherited regarding a third of their family’s assets, including a 15% stake each in game maker Nexon.
Their net worth is $1.7 billion.
Other newcomers include Britain’s Ben Francis, 30, who founded $1.2 billion sportswear maker Gymshark, and Palmer Luckey, who sold his first startup — VR headset maker Oculus — to Facebook for a fee. Two billion dollars.
Loki, 30, has a net worth of $1.7 billion.
Businessman Ryan Breslow, 28, fell from fourth place in 2022 to last on the list this year. The Stanford dropout, who founded 3 startups, has a net worth of $1.1 billion, down from $2 billion last year.
While Norwegian twins Katarina and Alexandra Andersen, both 27, continue to appear on the list with personal fortunes of $1.3 billion, they rank 13th.
However, the biggest drop this year is the fall of FTX co-founder Gary Wang — who topped the list of youngest billionaires in 2022 at the age of 29 with a net worth of $5.9 billion.
The former CTO of collapsed cryptocurrency platform FTX pleaded guilty to fraud charges in December – and is not expected to appear on lists of the world’s richest people once more.
Here is a list of the 15 richest people in the world under the age of 30:
Mark Mateschitz – $34.7 billion
Clemente Del Vecchio – $3.5 billion
Luca Del Vecchio – $3.5 billion
Leonardo Maria Del Vecchio – $3.5 billion
Gustav Magnar Witzo – $2.7 billion
Kevin David Lehman – $2.3 billion
Michel Strnad – $2 billion
Kim Young Min – $1.7 billion
Kim Jong Un – $1.7 billion
Palmer Luckey – $1.7 billion
Katharina Andersen – $1.5 billion
Alexandra Andersen – $1.5 billion
Wang Zilong – $1.4 billion
Ben Francis – $1.2 billion
Ryan Breslow – $1.1 billion.