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Ranked: The World’s 25 Richest Millennial Billionaires

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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.

NameAgeNet WorthCountryIndustry
Mark Zuckerberg36$97.0 BU.S.Tech
Zhang Yiming37$35.6 BChinaTech
Yang Huiyan & family39$29.6 BChinaReal Estate
Dustin Moskovitz36$17.8 BU.S.Tech
Su Hua39$17.8 BChinaMedia & Entertainment
Pavel Durov36$17.2 BRussiaTech
Lukas Walton34$15.6 BU.S.Fashion & Retail 
Eduardo Saverin39$14.6 BBrazilTech
Cheng Yixiao37$14.1 BChinaMedia & Entertainment
Brian Chesky39$13.7 BU.S.Tech
Nathan Blecharczyk37$12.4 BU.S.Tech
Joe Gebbia39$12.4 BU.S.Tech
Bobby Murphy32$11.9 BU.S.Tech
Evan Spiegel30$11.1 BU.S. Tech
Guillaume Pousaz39$9.0 BSwitzerlandFinance & Investments
Sam Bankman-Fried29$8.7 BU.S.Finance & Investments
Agnete Kirk Thinggaard37$8.7 BDenmarkManufacturing
Dmitry Bukhman35$7.9 BRussiaMedia & Entertainment
Igor Bukhman39$7.9 BRussiaMedia & Entertainment
Ernest Garcia, III.38$7.4 BU.S.Automotive
Brian Armstrong38$6.5 BU.S.Finance & Investments
Wang Ning & family34$6.3 BChinaMedia & Entertainment
Scott Duncan38$6.0 BU.S.Energy
David Velez39$5.2 BColombiaFinance & Investments
Kate Wang39$5.0 BChinaManufacturing 
Daniel Ek38$4.6 BSwedenTechnology
Gustav Magnar Witzoe27$4.4 BNorwayFood & Beverage
Steven Meng Yang & family38$4.2 BChinaTechnology
Li Xiang39$4.0 BChinaAutomotive
Ben Silbermann38$3.9 BU.S.Technology
Lynsi Snyder38$3.6 BU.S.Food & Beverage
Apoorva Mehta34$3.5 BCanadaTechnology
Franco Bittar Garcia37$3.5 BBrazilFashion & Retail 
Xu Yi31$3.4 BChina Media & Entertainment
RJ Scaringe38$3.4 BU.S.Automotive
Patrick Collison32$3.2 B Ireland Technology
John Collison30$3.2 BIrelandTechnology
Pedro de Godoy Bueno30$3.0 BBrazil Healthcare
Geoffrey Kwok35$3.0 BHong KongReal Estate
Yin Xin36$3.0 BChinaMedia & Entertainment
Huang Jinfeng38$3.0 BChinaFashion & Retail
Cameron Winklevoss39$3.0 BU.S.Finance & Investments
Tyler Winklevoss39$3.0 BU.S.Finance & Investments
Paul Sciarra40$2.9 BU.S. Technology
Chen Tianshi36$2.8 BChinaTechnology
Tony Xu36$2.8 BU.S.Technology
Victor Jacobsson39$2.7 BSwedenFiannce & Investments
Caroline Hagen Kjos37$2.6 BNorwayDiversified
Adam Kwok38$2.6 BHong KongReal Estate
André Street36$2.5 BBrazilFinance & Investments
Chang Jing38$2.5 BChinaTechnology
Byju Raveendran and Divya Gokulnath39$2.5 BIndiaTechnology
Austin Russell26$2.4 BU.S.Automotive
Jonathan Kwok29$2.4 BHong KongReal Estate
David Chen40$2.4 BSingaporeMedia & Entertainment
Tom Persson36$2.3 BSwedenFashion & Retail
Jared Isaacman38$2.3 BU.S. Technology
Andrew Paradise38$2.3 BU.S. Media & Entertainment
Sebastian Siemiatkowski39$2.2 BSwedenFinance & Investments
Timur Turlov33$2.1 BRussiaFinance & Investments
Gong Yingying36$2.1 BChinaHealthcare
Katarina Martinson39$2.1 BSwedenDiversified
Andy Fang28$2.0 BU.S.Technology
Stanley Tang28$2.0 BU.S. Technology
Christopher Kwok35$1.9 BHong KongReal Estate
Ipek Kirac36$1.9 BTurkeyDiversified
Kevin Systrom37$1.9 BU.S.Technology
Fred Ehrsam32$1.9 BU.S. Finance & Investments
Nick Molnar30$1.8 BAustraliaFinance & Investments
Joachim Ante38$1.8 BGermanyTechnology
Drew Houston38$1.8 BU.S. Technology
Said Gutseriev32$1.7 BRussiaEnergy
Ginia Rinehart34$1.7 BAustraliaMetals & Mining
Hope Welker35$1.7 BAustraliaMetals & Mining
Bill Liu38$1.7 BChinaTechnology
Peter Szulczewski39$1.7 BCanadaTechnology
Lisa Draexlmaier30$1.6 BGermanyAutomotive
Eva Maria Braun-Luedicke34$1.6 BGermanyHealthcare
Heikki Herlin34$1.6 BFinlandManufacturing
Ryan Cohen35$1.6 BCanadaFiannce & Investments
Friederike Braun-Luedicke37$1.6 BGermanyHealthcare
Wen Yilong32$1.5 BChinaManufacturing
Zeng Chaolin38$1.5 BChinaMetals & Mining
Alexandra Andresen24$1.4 BNorwayDiversified
Katharina Andresen25$1.4 BNorwayDiversified
Karl Friedrich Braun38$1.4 BGermanyHealthcare
Trevor Milton39$1.4 BU.S.Automotive
Ludwig Theodor Braun31$1.3 BGermanyHealthcare
Anna Kasprzak31$1.3 BDenmark Fashion & Retail
Whitney Wolfe Herd31$1.3 BU.S.Technology
André Kasprzak34$1.3 BDenmarkFashion & Retail
Hakan Koc36$1.2 BGermanyAutomotive
Nik Storonsky36$1.2 BUKTechnology
Christian Bertermann37$1.2 BGermanyAutomotive
Ryan Graves37$1.2 BU.S.Technology
Cheng Wei38$1.2 BChinaService
Lu Zhilin38$1.2 BChinaManufacturing
Sachin Bansal39$1.2 BIndiaFashion & Retail
Huang Yimeng39$1.2 BChinaMedia & Entertainment
Wang Han33$1.1 BChinaDiversified
Anne Werninghaus35$1.1 BBrazil Manufacturing
Binny Bansal38$1.1 BIndiaTechnology
Sanjit Biswas39$1.1 BU.S.Technology
Vlad Tenev34$1.0 BU.S.Fiannce & Investments
Baiju Bhatt36$1.0 BU.S.Finance & Investments
Hou Jianbin39$1.0 BChinaService

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.

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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.

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A cropped map of the world showing where the wealthiest people live in 2024.

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.

RankTerritoryUHNWI
Population
YoY Growth% of World
UHNWIs
1🇺🇸 U.S.225,077+7.9%35.9%
2🇨🇳 China98,551+3.3%15.7%
3🇩🇪 Germany29,021+1.1%4.6%
4🇨🇦 Canada27,928+2.0%4.5%
5🇫🇷 France24,941+0.2%4.0%
6🇬🇧 UK23,072+3.1%3.7%
7🇯🇵 Japan21,710+0.3%3.5%
8🇮🇹 Italy15,952+3.8%2.5%
9🇦🇺 Australia15,347+2.9%2.4%
10🇨🇭 Switzerland14,734+5.2%2.4%
11🇮🇳 India13,263+6.1%2.1%
12🇪🇸 Spain10,149+1.7%1.6%
13🇳🇱 Netherlands8,390+0.2%1.3%
14🇹🇼 Taiwan7,640-0.3%1.2%
15🇰🇷 South Korea7,310+5.6%1.2%
16🇭🇰 Hong Kong5,957+2.5%1.0%
17🇸🇬 Singapore4,783+4.0%0.8%
18🇸🇪 Sweden4,125+2.5%0.7%
19🇳🇿 New Zealand2,587+2.9%0.4%
20🇳🇴 Norway2,276+1.1%0.4%
21🇦🇹 Austria2,167+0.3%0.3%
22🇹🇷 Türkiye1,932+9.7%0.3%
23🇮🇪 Ireland1,890+0.4%0.3%
24🇮🇩 Indonesia1,479+4.2%0.2%
25🇫🇮 Finland1,269+4.1%0.2%
26🇹🇭 Thailand889+0.8%0.1%
27🇿🇦 South Africa835-1.3%0.1%
28🇵🇹 Portugal800+3.0%0.1%
29🇲🇾 Malaysia754+4.3%0.1%
30🇻🇳 Vietnam752+2.4%0.1%
N/A🌐 Other51,039+0.1%8.1%
N/A🌍 World626,619+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.

RankRegionUHNWI PopulationYoY Growth
1North America253,066+7.2%
2Asia165,442+2.6%
3Europe155,232+1.8%
4Middle East18,790+6.2%
5Oceania17,934+2.9%
6South America13,159-3.6%
7Africa2,996+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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