Youthful Billionaires: The Rise of the Super-Rich Under 33

Aging populations worldwide are poised to transfer trillions of wealth annually. In the United States alone, Baby Boomers and older generations hold a significant portion of household wealth and are expected to pass it down to descendants. In the list of the top 25 wealthiest, all individuals are 33 or younger with a combined net worth of $110 billion.

Among them are self-made entrepreneurs like Evan Spiegel (33) of Snap, Ben Francis (31) of Gymshark, and Palmer Luckey (31) of Oculus VR. However, the majority of these young billionaires inherited their wealth, marking a notable shift. For the first time since 2009, every billionaire under 30 inherited their fortune, signaling the onset of the “great wealth transfer.”  While most of the youngest billionaires are heirs, a notable exception comes from Japan. Shunsaku Sagami (33) is a self-made entrepreneur whose company, M&A Research Institute Holdings, propelled him into the billionaire ranks with an 800% stock surge.

Brazil’s Livia Voigt (19) emerges as the youngest billionaire globally, thanks to her stake in WEG, while Ireland’s Mistry brothers (ages 25 and 27) inherited significant wealth from Tata Sons. Several newcomers joined the list due to inheritances, including Italy’s Clemente Del Vecchio (19) and Germany’s Sophie Luise Fielmann (29). These inheritances signify the beginning of a long-anticipated generational wealth transfer.

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