Alexandr Wang
This 25-year-old American is the youngest self-made billionaire in the world. He founded Scale AI, an artificial intelligence company, when he was just 19 years old. An MIT dropout, Wang spend 2 years hammering away at his business to get to the Forbes 30 under 30 list. This year, his start-up is estimated at $7.3 billion, which makes him a billionaire. With an impressive $1 billion in his personal bank account, Wang takes fifth place in the ranking of the world's youngest super-rich.
Wang Zelong
This 26-year-old businessman is China’s richest millennial. According to the latest data, his fortune is estimated at $1.3 billion and comes from stakes in CNNC Hua Yuan Titanium Dioxide and Lomon Billions Group. Both produce titanium dioxide, used in paints, enamels, and varnishes as well as a great variety of other materials, including plastic, rubber, paper, etc. On the Forbes list of the world’s youngest billionaires, Zelong is ranked fourth.
Pedro Franceschi
This 26-year-old Brazilian joined the billionaire club in 2021 when his fintech start-up Brex received $12.3 billion in funding. Pedro Franceschi with his colleague Enrique Dubugras founded a corporate credit card company in 2017. In 5 years, Brex has become one of the leading firms in the industry. The fortune of its founder grows with the expansion of the start-up in the American market. The latest data shows that Francesca has more than $1.5 billion in his private bank account. He is Forbes’ third youngest billionaire in the world.
Kevin David Lehmann
When Kevin David Lehmann was only 14 years old, he received a very generous gift from his father – 50% of the shares of Germany's leading drugstore chain, dm-drogerie markt. Six years have passed and Lehmann is still the majority shareholder of the company with an annual income of over $12 billion. Today, dm-drogerie markt is one of Europe’s biggest retailers by revenue, bringing Lehmann a solid profit. The young businessman is worth some $2.1 billion and occupies second place on the Forbes list.
Kim Jeong Yoon
Kim Jeong Yoon, the 18-year-old daughter of late Nexon founder Kim Jung Joo (in the photo) is the world’s youngest billionaire in the world, according to Forbes. When her father and CEO of a global video game publisher died at the age of 54 in February 2021, his wife inherited most of his assets. The IT entrepreneur’s youngest daughter received a whopping $2.5 billion. Notably, little is known about the world’s youngest billionaire.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
