But old age is not a requirement for amassing great wealth. In fact, there are 15 people around the globe who boast a three-comma fortune despite being 30 years old or younger. The youngest of this mostly lucky bunch are Clemente Del Vecchio and Kim Jung-youn, neither of whom have hit their 20s yet.
Austin Russell, the 28-year-old CEO of California-based Luminar Technologies, remains the world's youngest self-made billionaire, with a net worth of US$1.
At 15, Valentina Pinault is the richest teen on this list if not the world -- although her net worth is based on her parents' net worth. Not only is she the daughter of actress Salma Hayek, but her dad is Francois-Henri Pinault -- a literal billionaire. And that means the sky's the limit for this teen.
Mompha Junior – claimed to be the world's youngest billionaire – owned his first mansion aged six and travels the globe by private jet. The pint-sized pre-teen influencer – real name Muhammed Awal Mustapha – shows off his blingtastic lifestyle to his 29.7k followers on Instagram.
Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown as the richest person in the world. According to Forbes, Arnault has a fortune of $234.5 billion.
Consider Princess Charlotte, who is believed to be the richest child in the world, with a reported net worth of $5 billion.
Stormi Webster: $410 Million
Five-year-old Stormi Webster is the eldest child of makeup magnate Kylie Jenner and rapper Travis Scott.
Tesla CEO Elon Musk, whose recent business ventures include continued negotiations to purchase Twitter for $44 billion and opening a Tesla gigafactory in Austin, could become the world's first trillionaire as early as 2024, according to a report from software company Tipalti Approve.
1. What is Rich The Kid's net worth? According to website Celebrity Net Worth, Rich The Kid is currently worth around $2 million.
Here are the top five youngest billionaires as of November 2022, according to Forbes: Kim Jung-Youn, 18. Kevin David Lehmann, 20. Alexandr Wang, 25.
Princess Charlotte has been refered as "the richest kid in the world" due to her status as a member of the British royal family, which is one of the wealthiest and most prominent royal families in the world.
Isabella Barrett
After making a name for herself on the show Toddlers and Tiaras, Isabella Barrett launched her own jewelry and clothing lines – Glitzy Girl and Bound by the Crown Couture. Yep. She's a nine year-old self-made millionaire.
At 14 years old, Mia Talerico has more than $1 million to her name. The actress is best known for starring in the TV series “Good Luck Charlie,” which she started working on at just 11 months old.
quadrillionaire (plural quadrillionaires) Somebody whose wealth is greater than one quadrillion units of the local currency. quotations ▼ (by extension) An extremely wealthy person.
In 1916, John D. Rockefeller became the world's first billionaire, and in the hundred years since we haven't had a trillionaire. And today, not only do we have a trillionaire, we also have the world's first quadrillionaire.
A trillion is such a huge number, followed by twelve zeros. That is one thousand times a billion (nine zeros followed by 1). Do you know that only 6 trillionaires ever lived on the face of earth? As of today, there are no trillionaires who live on earth.
Françoise Bettencourt Meyers – US$80.5 billion
The richest woman in the world this year hails from France, just like the richest man, Bernard Arnault.
Hailing from Lagos, Nigeria, Mompha Junior, is the son of multimillionaire Nigerian internet celebrity Ismailia Mustapha, Muhammed Awal Mustapha. The young influencer boasts 29,800 followers on his Instagram account, where he posts photos of his grand lifestyle.
Top 5 richest rappers
Here's where the top five richest rappers stood in 2022, according to a report from former Forbes editor Zack O'Malley Greenburg: Jay-Z: $1.5 billion (October 2022) Diddy: $1 billion (October 2022) Ye: $500 million (October 2022)
rich kid (plural rich kids) (US, informal, somewhat derogatory) A child, adolescent or young adult from a wealthy family, especially one who flaunts his or her wealth or privilege.