The 2024 Forbes Billionaires List has a fresh look, with several young heirs who have recently joined the billionaire ranks. The list is dominated by youth, with the 25 youngest billionaires all aged 33 or younger, collectively holding $110 billion.
Among the young heirs who made it to the list is Livia Voigt, a 19-year-old Brazilian student who has claimed the title of the world’s youngest billionaire. Livia Voigt’s wealth comes from being one of the largest individual shareholders of WEG, the largest manufacturer of electrical motors in Latin America. Co-founded by her grandfather, Werner Ricardo Voigt, alongside late billionaires Eggon Joao da Silva and Geraldo Werninghaus, WEG is a multinational corporation with factories in over 10 countries.
While Livia Voigt currently attends university in Brazil and does not hold a seat on the board or an executive position at WEG, she is a part of the company’s legacy. With a net worth of $1.1 billion, Livia Voigt is among the seven new faces on the youngest billionaire list for 2024. Her older sister, Dora Voigt de Assis, who earned her architecture degree in 2020, also made it to the list.
Another set of young heirs on the list are the Mistry brothers from Ireland, aged 25 and 27. They inherited sizable fortunes from Tata Sons, a Mumbai-based conglomerate after their father’s death in 2022. Each brother holds an estimated net worth of $4.9 billion and contribute significantly to growing number of young billionaires around
