In a recent revelation, 19-year-old Livia Voigt has claimed the title of the world’s youngest billionaire, as reported by the Forbes Billionaires List 2024.
With an astounding net worth of $1.1 billion, she has surged to the forefront of global wealth at a remarkably young age.
Livia Voigt’s unparalleled achievement is attributed to her status as the largest individual shareholder of WEG, the leading manufacturer of electrical motors in Latin America.
Founded by her grandfather, Werner Ricardo Voigt, along with late billionaires Eggon Joao da Silva and Geraldo Werninghaus, WEG stands as a cornerstone of industrial innovation, providing global solutions for electric motors, variable frequency drives, soft starters, controls, panels, transformers, and generators.
Despite her monumental wealth, Livia remains committed to her education, currently pursuing studies at a university in Brazil. Remarkably, she does not yet hold a board seat or executive position at WEG, underscoring her dedication to personal and academic growth.
Livia’s ascent to billionaire status places her among the ranks of the seven new faces on Forbes’ youngest billionaire list for 2024. Joining her is her older sister, Dora Voigt de Assis, who earned her architecture degree in 2020 at the age of 26.
Meanwhile, India boasts its own cohort of young billionaires making waves on the global stage. Notable among them are Nithin and Nikhil Kamath, founders of Zerodha, as well as Sachin and Binny Bansal, co-founders of Flipkart.
Nikhil Kamath, aged 37, emerges as India’s youngest billionaire with a net worth of $3.1 billion, followed closely by Binny Bansal, aged 41, with a net worth of $1.4 billion, and Sachin Bansal, aged 42, with a net worth of $1.2 billion.
eat the rich.