Livia Voigt, 20, is the world’s youngest billionaire. The Brazilian is part of the ‘Forbes’ list of the 25 people under 33 years of age with the most money in the world.
According to the above-mentioned medium, Voigt’s fortune amounts to $1.1 billion, as it has a 3.1 percent stake in WEG, the Brazilian company of electrical engineering, energy and automation technology.
The company was co-founded in 1961 by Werner Ricardo Voigt, his grandfather. In this way, his sister, Dora Vogt de Assis, 26, is also part of the list of the younger billionaires of ‘Forbes’ and has the same percentage as Livia.
His older cousins, Eduardo and Mariana, have 3.9 percent of WEG’s shares. However, neither of Assis’s two sisters Voigt is involved in WEG’s operations.
According to local media, she was born on July 10, 2004, she is the youngest of three brothers and lives with her family in Florianópolis. Currently, he studies psychology at university.
About his personal interests, he says he likes to read sleeves (Japanese books), hazelnut pasta and the music of Bruno Mars and Katy Perry.
Livia does not hold any managerial or executive position at WEG and is ranked 2,545 on the list of ‘Forbes’ billionaires in 2024.
What is WEG?
WEG is one of the largest manufacturers of electric motors in the world and, according to its official portal, produces more than 21 million units a year.
Its name is based on the initials of its founders, Werner Ricardo Voigt, Eggon Joao da Silva and Geraldo Werninghaus. It currently offers a diverse and integrated product line that includes engines, variators, controls, panels, transformers, generators and custom solutions.
WEG is one of the largest companies in the world, according to Forbes.
According to ‘Forbes’, it ranks 1,106 on the ‘Global 2000’ list, which ranks the world’s largest companies using four metrics: sales, profits, assets and market value.
By 2024, WEG made profits of $6.7 billion, assets of $6.4 billion and profits of $1.2 billion.
Who are the youngest billionaires in the world?
According to ‘Forbes’, in 2024 there were no billionaires under 30 who have accumulated their fortune on their own. Therefore, these people are heirs.
Here are the 10 youngest members on the list, organized according to their age:
- Livia Voigt: 20 years, net worth of $1.1 billion.
- Clement of Vecchio: 20 years, net worth of $4.7 billion.
- Kim Jung-youn: 20 years, net worth of $1.4 billion.
- Kevin David Lehman: 21 years, net worth of $3.3 billion.
- Kim Jung-min: 22, net worth of $1.4 billion.
- Luca del Vecchio: 22 years, net worth of $4.7 billion.
- Remi Dassault: 22 years, net worth of $2.5 billion.
- Zahan Mistry: 25 years, net worth of $4.9 billion.
- Dora Voigt de Assis : 26 years, net worth of $1.1 billion.
- Firoz Mistry: 27 years, net worth of $4.9 billion.
This article has been translated after originally appearing in La Prensa Grafica