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The world’s richest teen billionaire is only 19 years old

08 March 2016, 15:43 Chanté Petersen

Now here’s a depressing fact: 7 of the world’s youngest billionaires are under the age of 30, according to Forbes.

At just 19 years old Norwegian teenager Alexandra Andresen tops Forbes’ list of the youngest billionaires in the world. Forbes values Alexandra’s share at an astonishing R18.4 billion ($1.2 billion). Her sister, Katharina (20), is second wealthiest thanks to each of them owning a 42.2% stake in the investment company, Ferd, along with their heirship to a family fortune built on tobacco.

READ: South Africa's rich is getting richer by the minute

Fresh out of high school, we’re sure Alexandra is in no rush to get into a gruelling everyday 9-5 work cycle. Instead, she has taken an interest in horse-riding in which she competes regularly, having won a few medals in European championships.

READ: 5 of the best rags to riches stories ever

The co-founders of Snapchat also made the list: Evan Spiegel (25) ranks 6th and has a net worth of R32.2 billion ($2.1bn) while Bobby Murphy (27) ranks 4th and is worth R27.6 billion ($1.8 bn).  

Ludwig Theodore Braun (26), heir to one of the world’s largest medical products manufactured, is the 5th richest with a whopping R18.4 billion ($1.2 bn). Ranked 3rd is Gustav Wagnar Witzoe (22)  also from Norway, who inherited all of the equity, but none of the control of his parents’ salmon farming company.

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- Women24


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