So long Kylie, with a networth of $3.3 billion a German teen is the youngest billionaire in the world


Some of us can never think of earning billions. But Kevin David Lehmann from Germany was destined to own that kind of money at the mere age of 18! The teen boasts a net worth of $3.3 billion and is currently the youngest billionaire in the world.

Lehmann accumulated his wealth in inheritance from his father, Guenther Lehmann. It comes from his stakes in leading German drugstore chain dm-drogerie markt. Founded in the year 1974, it boasts over 41,000 employees across more than 2,000 stores throughout the country at present.

Also read -  German police raided Russian billionaire's $320 million megayacht for the second time in a month and seized artwork worth millions of dollars. The 378 feet long vessel is so massive that the police had to take the help of Navy experts to find hidden compartments and doors.

According to Forbes, Lehmann and his father are barely involved in the company’s affairs, and little is known about them. The teen is said to have received the shares through a trusteeship when he was just 14 while officially inheriting the amount at the age of 18.

In addition to Lehmann, 24-year-old Wang Zelong of China is the world’s second-youngest billionaire ( with a net worth of $1.5 billion), while Norwegian sisters Alexandra Andresen (24) and Katharina Andresen (25) hold 3rd and 4th spot on the list with a net worth of $1.4 billion each.

Also read -  A full kitchen, marble countertops, motorized TV and a hidden supercar garage - This is not a home but a villa on wheels - Take a closer look at this $2 million motorhome from Germany.


Early last year, Forbes declared Kylie Jenner as the youngest self-made billionaire in the world. However, her title was soon taken away on the basis of forged tax documents. Despite that, Jenner went on to buy a $36.5 million home in LA in 2020 (in addition to her four pre-existing mansions) and is currently recognized as one of the wealthiest personalities across the globe!

Looks like it’s raining billions – at least for some!

[Via: Forbes]

Tags from the story