5 Youngest Billionaires of 2019 you should know

We all know that becoming a millionaire is not a quick process. It needs never-to-give up spirit, persistent efforts and uncountable sacrifices to reach to greatest heights. However, all such efforts require time to give positive results and people usually achieve it as they are growing older.

But this is not the case with our young champs who prove that there us no bar of age that will ever stop them to become a millionaire. Let’s take a look at some of the young talents who instead of planning to become richer have already achieved the heights at a very tender age.

1. Ludwig Theodor Braun, 28yrs

Ludwig Theodor Braun owns 10% stake with the net worth of $1 Billion in the company, B. Braun Melsungen. The company was started in 1839 with a small pharmacy shop that sold herbal remedies. In 1977, Ludwig’s father Ludwig George Braun took over the company. At that time, the annual sale of the company was just $24 million.

Presently, B. Braun is feeding more than 60,000 employees with its wide ranging products ranging from injection solution to surgical instruments.

Ludwig Theodor Braun
Ludwig Theodor Braun

2. Evan Spiegel, 28 years

The co-founder of Snapchat, Evan Spiegel own the asset value of $2.2 Billion at a very tender age. He studied the product design from Stanford University where he met  his other fraternity brother and co-founder of the company, Bobby Murphy .

Right now, more than 191 million people are using Snapchat in the competitive market of Facebook owned Instagram. Both Evan and Bobby owned 18% each in the company but they have voting rights too.

3. Gustav Magnar Witzoe, 26yrs

Gustav Magnar Witzoe is a  Norwegian billionaire and owns 47% stake in the largest Salmon producers, SalMar ASA. His father, Gustav Magnar Sr. founded the company in 1991 and transferred nearly half of the stake to his son in 2013.

While the father still have the control in the company, the son is more tilted towards the technology startup and property investors. He had also worked earlier for MGM property and has invested in both Gopi and Keybutler.

Gustav Magnar Witzoe
Gustav Magnar Witzoe

4. Katharina Andresen, 23yrs

Katharina Andresen is a Norwegian heiress and owner of 42.2% stake worth of $1.4 Billion in Ferd AS investment company. The company is involved in private equity investments and in Nordic stock exchange.

Katharina is the daughter of Johan H. Andersen Jr. and great-granddaughter of Johan H. Andersen. Katharina has a huge fan following on social media too.

5. Alexandra Andresen, 22yrs

Alexandra Andresen is another Norwegian heiress and the sister of Katharina Andresen. She also the 42.2% transferred stake worth of $1.4 Billion in Ferd AS. besides this,  Alexandra has won multiple awards and honors in horse dress competition.

In spite of being a rich family, she always made it a point to save enough money from her pocket money. With her mother advice, she had only used second-hand cars in teen years.

To know more about these young talented minds, you can also refer to:


2. https://en.wikipedia.org/wiki/Gustav_Magnar_Witz%C3%B8e

3. https://en.wikipedia.org/wiki/Katharina_Andresen

4. https://en.wikipedia.org/wiki/Alexandra_Andresen

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