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10 of the world’s youngest billionaires in 2023, ranked: from Italian eyewear heirs Leonardo Maria, Luca and Clemente Del Vecchio, and China’s Wang Zelong to Bolt’s Ryan Breslow – but who’s No 1?

The world’s youngest billionaires Alexandra Andresen, Leonardo Maria Del Vecchio, Wang Zelong and Katharina Andresen. Photos: @alexandraandresen, @leonardo_mdv, @kgandresen/Instagram; Sohu
The world’s youngest billionaires Alexandra Andresen, Leonardo Maria Del Vecchio, Wang Zelong and Katharina Andresen. Photos: @alexandraandresen, @leonardo_mdv, @kgandresen/Instagram; Sohu

  • This year’s youngest billionaires list has been revealed and it includes self-made entrepreneurs like Gymshark’s Ben Francis and Oculus’ Palmer Luckey, who sold his VR headset maker to Facebook
  • Many of the youngest on the list inherited their wealth though – from Norway’s Katharina and Alexandra Andresen, to the Del Vecchios from Luxottica, the company behind Ray-Ban, Oakley and Sunglass Hut

Acquiring a comfortable fortune usually takes years, even for some of the most famous tycoons of our time. In fact, according to Forbes, the average billionaire today is 65 years old.

But that’s not always the case.

Norwegian heiress Katharina Andresen is worth US$1.5 billion – and she’s only 28. Photo: @kgandresen/Instagram
Norwegian heiress Katharina Andresen is worth US$1.5 billion – and she’s only 28. Photo: @kgandresen/Instagram
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On the latest Forbes list, 15 young people under 30 joined the billionaire club this year, with their wealth stemming from inheritances or self-started successful enterprises. Ben Francis made bank off Gymshark while Palmer Luckey sold Oculus, his VR headset maker, to Facebook, putting them both on the list.

We’ve zeroed in on the 10 youngest individuals with three-comma sums of 2023, from eldest to youngest, as per Forbes.

10. Ryan Breslow, 29

Net worth: US$1.1 billion

Ryan Breslow launched multiple successful business endeavours. Photo: Ryan Breslow/LinkedIn
Ryan Breslow launched multiple successful business endeavours. Photo: Ryan Breslow/LinkedIn

This American serial entrepreneur is only 29, but has already launched several successful companies in his lifetime and has earned a net worth of US$1.1 billion. After dropping out of Stanford, Breslow launched start-ups like payment platform Bolt, Love.com, Eco, Prism, The Movement and more. An advocate for wellness, Breslow said on Instagram that he builds “conscious companies” and initiated four-day work weeks for his 700 employees.

9. Leonardo Maria Del Vecchio, 28

Net worth: US$3.5 billion

Leonardo Maria Del Vecchio has billions from his late father. Photo: @leonardo_mdv/Instagram
Leonardo Maria Del Vecchio has billions from his late father. Photo: @leonardo_mdv/Instagram