Wealth
Ranked: The World’s 25 Richest Millennial Billionaires
Ranked: The World’s 25 Richest Millennial Billionaires
There are 2,755 billionaires globally—and combined, they are worth over $13 trillion.
Of these ultra wealthy individuals, just over 100 are millennials, born between the years 1981 and 1996. This young generation represents around 3.8% of all billionaires on a global basis with a combined net worth of $573.1 billion.
This visualization, using data from Forbes, ranks the richest 25 millennial billionaires and details their source of wealth, total net worth, nationality, and age.
Note: Forbes categorized billionaires by current age (2021). For those slightly over or under the age range of Millennials, meaning those who are currently 24 or 40 years old (i.e. they could have been born in either 1996/1997 or 1980/1981), if their birth year could not be accurately determined, they were left out of this ranking.
Who are the Millennial Billionaires?
The oldest millennials will be turning 40 in 2021, while the youngest are just turning 25. This means that millennial billionaires are generally the youngest billionaires in the world, save two Gen Zers: Wang Zelong of China, 24, and Kevin David Lehmann of Germany, 18.
Name | Age | Net Worth | Country | Industry |
---|---|---|---|---|
Mark Zuckerberg | 36 | $97.0 B | U.S. | Tech |
Zhang Yiming | 37 | $35.6 B | China | Tech |
Yang Huiyan & family | 39 | $29.6 B | China | Real Estate |
Dustin Moskovitz | 36 | $17.8 B | U.S. | Tech |
Su Hua | 39 | $17.8 B | China | Media & Entertainment |
Pavel Durov | 36 | $17.2 B | Russia | Tech |
Lukas Walton | 34 | $15.6 B | U.S. | Fashion & Retail |
Eduardo Saverin | 39 | $14.6 B | Brazil | Tech |
Cheng Yixiao | 37 | $14.1 B | China | Media & Entertainment |
Brian Chesky | 39 | $13.7 B | U.S. | Tech |
Nathan Blecharczyk | 37 | $12.4 B | U.S. | Tech |
Joe Gebbia | 39 | $12.4 B | U.S. | Tech |
Bobby Murphy | 32 | $11.9 B | U.S. | Tech |
Evan Spiegel | 30 | $11.1 B | U.S. | Tech |
Guillaume Pousaz | 39 | $9.0 B | Switzerland | Finance & Investments |
Sam Bankman-Fried | 29 | $8.7 B | U.S. | Finance & Investments |
Agnete Kirk Thinggaard | 37 | $8.7 B | Denmark | Manufacturing |
Dmitry Bukhman | 35 | $7.9 B | Russia | Media & Entertainment |
Igor Bukhman | 39 | $7.9 B | Russia | Media & Entertainment |
Ernest Garcia, III. | 38 | $7.4 B | U.S. | Automotive |
Brian Armstrong | 38 | $6.5 B | U.S. | Finance & Investments |
Wang Ning & family | 34 | $6.3 B | China | Media & Entertainment |
Scott Duncan | 38 | $6.0 B | U.S. | Energy |
David Velez | 39 | $5.2 B | Colombia | Finance & Investments |
Kate Wang | 39 | $5.0 B | China | Manufacturing |
Daniel Ek | 38 | $4.6 B | Sweden | Technology |
Gustav Magnar Witzoe | 27 | $4.4 B | Norway | Food & Beverage |
Steven Meng Yang & family | 38 | $4.2 B | China | Technology |
Li Xiang | 39 | $4.0 B | China | Automotive |
Ben Silbermann | 38 | $3.9 B | U.S. | Technology |
Lynsi Snyder | 38 | $3.6 B | U.S. | Food & Beverage |
Apoorva Mehta | 34 | $3.5 B | Canada | Technology |
Franco Bittar Garcia | 37 | $3.5 B | Brazil | Fashion & Retail |
Xu Yi | 31 | $3.4 B | China | Media & Entertainment |
RJ Scaringe | 38 | $3.4 B | U.S. | Automotive |
Patrick Collison | 32 | $3.2 B | Ireland | Technology |
John Collison | 30 | $3.2 B | Ireland | Technology |
Pedro de Godoy Bueno | 30 | $3.0 B | Brazil | Healthcare |
Geoffrey Kwok | 35 | $3.0 B | Hong Kong | Real Estate |
Yin Xin | 36 | $3.0 B | China | Media & Entertainment |
Huang Jinfeng | 38 | $3.0 B | China | Fashion & Retail |
Cameron Winklevoss | 39 | $3.0 B | U.S. | Finance & Investments |
Tyler Winklevoss | 39 | $3.0 B | U.S. | Finance & Investments |
Paul Sciarra | 40 | $2.9 B | U.S. | Technology |
Chen Tianshi | 36 | $2.8 B | China | Technology |
Tony Xu | 36 | $2.8 B | U.S. | Technology |
Victor Jacobsson | 39 | $2.7 B | Sweden | Fiannce & Investments |
Caroline Hagen Kjos | 37 | $2.6 B | Norway | Diversified |
Adam Kwok | 38 | $2.6 B | Hong Kong | Real Estate |
André Street | 36 | $2.5 B | Brazil | Finance & Investments |
Chang Jing | 38 | $2.5 B | China | Technology |
Byju Raveendran and Divya Gokulnath | 39 | $2.5 B | India | Technology |
Austin Russell | 26 | $2.4 B | U.S. | Automotive |
Jonathan Kwok | 29 | $2.4 B | Hong Kong | Real Estate |
David Chen | 40 | $2.4 B | Singapore | Media & Entertainment |
Tom Persson | 36 | $2.3 B | Sweden | Fashion & Retail |
Jared Isaacman | 38 | $2.3 B | U.S. | Technology |
Andrew Paradise | 38 | $2.3 B | U.S. | Media & Entertainment |
Sebastian Siemiatkowski | 39 | $2.2 B | Sweden | Finance & Investments |
Timur Turlov | 33 | $2.1 B | Russia | Finance & Investments |
Gong Yingying | 36 | $2.1 B | China | Healthcare |
Katarina Martinson | 39 | $2.1 B | Sweden | Diversified |
Andy Fang | 28 | $2.0 B | U.S. | Technology |
Stanley Tang | 28 | $2.0 B | U.S. | Technology |
Christopher Kwok | 35 | $1.9 B | Hong Kong | Real Estate |
Ipek Kirac | 36 | $1.9 B | Turkey | Diversified |
Kevin Systrom | 37 | $1.9 B | U.S. | Technology |
Fred Ehrsam | 32 | $1.9 B | U.S. | Finance & Investments |
Nick Molnar | 30 | $1.8 B | Australia | Finance & Investments |
Joachim Ante | 38 | $1.8 B | Germany | Technology |
Drew Houston | 38 | $1.8 B | U.S. | Technology |
Said Gutseriev | 32 | $1.7 B | Russia | Energy |
Ginia Rinehart | 34 | $1.7 B | Australia | Metals & Mining |
Hope Welker | 35 | $1.7 B | Australia | Metals & Mining |
Bill Liu | 38 | $1.7 B | China | Technology |
Peter Szulczewski | 39 | $1.7 B | Canada | Technology |
Lisa Draexlmaier | 30 | $1.6 B | Germany | Automotive |
Eva Maria Braun-Luedicke | 34 | $1.6 B | Germany | Healthcare |
Heikki Herlin | 34 | $1.6 B | Finland | Manufacturing |
Ryan Cohen | 35 | $1.6 B | Canada | Fiannce & Investments |
Friederike Braun-Luedicke | 37 | $1.6 B | Germany | Healthcare |
Wen Yilong | 32 | $1.5 B | China | Manufacturing |
Zeng Chaolin | 38 | $1.5 B | China | Metals & Mining |
Alexandra Andresen | 24 | $1.4 B | Norway | Diversified |
Katharina Andresen | 25 | $1.4 B | Norway | Diversified |
Karl Friedrich Braun | 38 | $1.4 B | Germany | Healthcare |
Trevor Milton | 39 | $1.4 B | U.S. | Automotive |
Ludwig Theodor Braun | 31 | $1.3 B | Germany | Healthcare |
Anna Kasprzak | 31 | $1.3 B | Denmark | Fashion & Retail |
Whitney Wolfe Herd | 31 | $1.3 B | U.S. | Technology |
André Kasprzak | 34 | $1.3 B | Denmark | Fashion & Retail |
Hakan Koc | 36 | $1.2 B | Germany | Automotive |
Nik Storonsky | 36 | $1.2 B | UK | Technology |
Christian Bertermann | 37 | $1.2 B | Germany | Automotive |
Ryan Graves | 37 | $1.2 B | U.S. | Technology |
Cheng Wei | 38 | $1.2 B | China | Service |
Lu Zhilin | 38 | $1.2 B | China | Manufacturing |
Sachin Bansal | 39 | $1.2 B | India | Fashion & Retail |
Huang Yimeng | 39 | $1.2 B | China | Media & Entertainment |
Wang Han | 33 | $1.1 B | China | Diversified |
Anne Werninghaus | 35 | $1.1 B | Brazil | Manufacturing |
Binny Bansal | 38 | $1.1 B | India | Technology |
Sanjit Biswas | 39 | $1.1 B | U.S. | Technology |
Vlad Tenev | 34 | $1.0 B | U.S. | Fiannce & Investments |
Baiju Bhatt | 36 | $1.0 B | U.S. | Finance & Investments |
Hou Jianbin | 39 | $1.0 B | China | Service |
The U.S. is home to the most millennial billionaires at 33 total, with China coming in second at 23—most other countries fall far behind.
In the U.S., millennial billionaires are often associated with notable tech companies like Snapchat, Airbnb, and Facebook. Others are heirs of massive family fortunes like Lukas Walton—grandson of Sam Walton, the founder of Walmart and the original head of America’s richest family.
In China, some millennial billionaires really stand out, like Relx founder, Kate Wang. The 39-year-old started her e-cigarette and vape company only three years ago, at age 36, and is expected to soon be vying for the title of richest woman in China.
Billionaire Growth
Overall, billionaires were up $8 trillion in combined net worth compared to 2020 with around 493 new people added to the list in 2021.
In fact, 86% of all billionaires are richer than a year ago. But let’s look at how wealth changed for the millennials in the billionaires club. Here’s a look at the difference in net worth from 2020 to 2021 for the top five richest millennials:
- Mark Zuckerberg: +$35 Billion
- Zhang Yiming: +$19.4 Billion
- Yang Huiyan: +$9.3 Billion
- Dustin Moskovitz: +$8.5 Billion
- Su Hua: +$14.9 Billion
For each of the top 25 millennial billionaires, net worth either increased or was unchanged (or they were new to the title of billionaire). This is true for all except one person—Lukas Walton, whose net worth decreased by almost $3 billion from 2020 to 2021.
The Average Millennial
While there are around 106 millennial billionaires worldwide, their combined net worth is only a fraction of total billionaire wealth. So how much economic power and influence does this generation really hold?
When looking at the average American millennial’s wealth, the Generational Power Index has determined that this young generation only holds 9.6% of economic power in the U.S. Here’s a quick look at millennial wealth metrics in the U.S.:
- Millennials only make up 7% of American business leaders
- They own $73 billion in equities and mutual fund shares
- They represent 13% of small business leaders
- They make up 7% of American billionaire wealth
Globally, there are an estimated 1.8 billion millennials. Among that cohort, there are just over 100 people worth billions—and given that many are still in the early part of their careers, there is likely to be many millennial billionaires yet to come.
Wealth
Mapped: Where Do the Wealthiest People in the World Live?
There are over 600,000 individuals worldwide with a net worth surpassing $30 million, representing the wealthiest people on the planet. Here’s where they live.
Where Do the Wealthiest People in the World Live?
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Investors didn’t expect 2023 to be the bumper year for returns it ended up being. Despite tightening monetary policies and surging bond yields, equities continued their strong performance (helped hugely by enthusiasm around the potential of artificial intelligence).
This has boosted wealth creation, and the growth of ultra high net worth individuals (UHNWIs) in the world.
We map out where the 600,000+ UHNWIs reside, as of the end 2023. To be categorized as such, a person’s net worth needs to be higher than $30 million. This map uses data from the Knight Frank Wealth Report 2024.
It’s worth noting that some countries that are known hotspots for the wealthy—including Belgium, Saudi Arabia, the UAE, and Russia—do not have specified numbers in the source report and have not been covered in this map and article.
Ranked: Countries By Number of Ultra Wealthy Individuals
At the top of the ranks, accounting for more than one-third of the wealthiest in the world, the U.S. is home to 225,000 UHNWIs, more than double the number of 99,000 UHNWIs in China.
Together, the world’s two largest economies are home to 50% of the world’s wealthiest.
Rank | Territory | UHNWI Population | YoY Growth | % of World UHNWIs |
---|---|---|---|---|
1 | 🇺🇸 U.S. | 225,077 | +7.9% | 35.9% |
2 | 🇨🇳 China | 98,551 | +3.3% | 15.7% |
3 | 🇩🇪 Germany | 29,021 | +1.1% | 4.6% |
4 | 🇨🇦 Canada | 27,928 | +2.0% | 4.5% |
5 | 🇫🇷 France | 24,941 | +0.2% | 4.0% |
6 | 🇬🇧 UK | 23,072 | +3.1% | 3.7% |
7 | 🇯🇵 Japan | 21,710 | +0.3% | 3.5% |
8 | 🇮🇹 Italy | 15,952 | +3.8% | 2.5% |
9 | 🇦🇺 Australia | 15,347 | +2.9% | 2.4% |
10 | 🇨🇭 Switzerland | 14,734 | +5.2% | 2.4% |
11 | 🇮🇳 India | 13,263 | +6.1% | 2.1% |
12 | 🇪🇸 Spain | 10,149 | +1.7% | 1.6% |
13 | 🇳🇱 Netherlands | 8,390 | +0.2% | 1.3% |
14 | 🇹🇼 Taiwan | 7,640 | -0.3% | 1.2% |
15 | 🇰🇷 South Korea | 7,310 | +5.6% | 1.2% |
16 | 🇭🇰 Hong Kong | 5,957 | +2.5% | 1.0% |
17 | 🇸🇬 Singapore | 4,783 | +4.0% | 0.8% |
18 | 🇸🇪 Sweden | 4,125 | +2.5% | 0.7% |
19 | 🇳🇿 New Zealand | 2,587 | +2.9% | 0.4% |
20 | 🇳🇴 Norway | 2,276 | +1.1% | 0.4% |
21 | 🇦🇹 Austria | 2,167 | +0.3% | 0.3% |
22 | 🇹🇷 Türkiye | 1,932 | +9.7% | 0.3% |
23 | 🇮🇪 Ireland | 1,890 | +0.4% | 0.3% |
24 | 🇮🇩 Indonesia | 1,479 | +4.2% | 0.2% |
25 | 🇫🇮 Finland | 1,269 | +4.1% | 0.2% |
26 | 🇹🇭 Thailand | 889 | +0.8% | 0.1% |
27 | 🇿🇦 South Africa | 835 | -1.3% | 0.1% |
28 | 🇵🇹 Portugal | 800 | +3.0% | 0.1% |
29 | 🇲🇾 Malaysia | 754 | +4.3% | 0.1% |
30 | 🇻🇳 Vietnam | 752 | +2.4% | 0.1% |
N/A | 🌐 Other | 51,039 | +0.1% | 8.1% |
N/A | 🌍 World | 626,619 | +4.2% | N/A |
Note: The organization uses a dynamic proprietary wealth-sizing model created by their data engineering team to arrive at these figures. Exact numbers may change between different editions of this report.
Ranked third, Germany, has close to 30,000 UHNWIs, following the pattern of the biggest economic powerhouses having the highest share of the wealthy.
This correlation remains generally constant outside the top three as well, even if exact positions aren’t quite maintained:
- Canada, 10th largest economy, 4th in share of wealthiest people.
- Australia, 14th largest economy, 9th in wealthiest people.
- Switzerland, 20th largest economy, 10th in wealthiest people.
- India, 6th largest economy, 11th in wealthiest people.
Together, these top countries by share of UHNWIs account for 92% of all individuals with a net worth greater than $30 million.
Other countries, not specifically mentioned in the report, have 59,039 UHNWIs, or 8.1% of the world’s total.
Ranked: Regions By Number of Ultra Wealthy Individuals
Unsurprisingly, buoyed by the U.S. and China, North America and Asia are the top two regions by wealthiest individuals.
Europe is close behind Asia however; a reminder of the region’s collective economic might.
Rank | Region | UHNWI Population | YoY Growth |
---|---|---|---|
1 | North America | 253,066 | +7.2% |
2 | Asia | 165,442 | +2.6% |
3 | Europe | 155,232 | +1.8% |
4 | Middle East | 18,790 | +6.2% |
5 | Oceania | 17,934 | +2.9% |
6 | South America | 13,159 | -3.6% |
7 | Africa | 2,996 | +3.8% |
The oil-rich Middle East also outperforms on the wealthy individuals metric and saw the highest YoY growth in the ultra-wealthy after North America.
The world as a whole grew its UHNWI population by 4.2% and only South America saw a contraction in numbers between 2022 and 2023.
Where Does This Data Come From?
Source: Knight Frank Wealth Report 2024.
Note: Some countries that are known hotspots for the wealthy, including Belgium, Saudi Arabia, the UAE, and Russia have not been specified by the source report, and thus do not appear on this map.
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