From textbooks to tycoons, this teenager from Brazil has already become a billionaire while still pursuing her education. The younger generations of modern times are already becoming billionaires holding important shares in large companies. One such name is Livia Voigt from Brazil University. Livia Voigt, a 19-year-old student, is shaking up the Forbes Billionaires List, claiming the title of the world's youngest billionaire. Voigt surpasses the previous record holder, 19-year-old Clemente Del Vecchio of Italy, heir of EssilorLuxottica who was just 2 months older than Voigt when she held the title.
Who Is Livia Voigt?
Voigt's path to billionaire status follows her status as she is an heir of a major electrical motors manufacturer in Latin America, WEG, a company founded by Voigt's grandfather.
Voigt became one of the largest shareholders of the company paving her path to the youngest billionaire with a net worth of $1.1 billion, a staggering sum for someone so young. While Voight is still pursuing her degree from Brazil University, she does not yet hold a seat on the board of members of the company.
Several young heirs have recently joined the list of billionaires including Voigt's sister Dora Voigt de Assis who graduated in architecture in 2020, also making it into the top seven of the list. While the legacy of any of the two sisters in WEG is unknown, being a shareholder of a company with factories in over 10 other countries and an approximate revenue of $6 billion at a young age sets a solid path for them in the world of business.
Inheriting her wealth, Voigt's position as the world's youngest billionaire is sure to generate headlines and inspire future generations of entrepreneurs.
With Voigt's entry in the young billionaires list, one thing remains clear, the world of business is about to get a whole lot younger.