Mark Mateschitz tops the ranking of the world's youngest billionaires

In March, media company Bloomberg published its ranking of billionaires, with Mark Mateschitz becoming the richest Austrian. With a distance.

Forbes' ranking of the top 25 young billionaires is here. At the top sits the only son of Red Bull co-founder Dietrich Mateschitz, who died in 2022. Origins Mark Mateschitz Forbes estimates its size at about $39.6 billion. But that's not all: with an increase of US$4.9 billion compared to the previous year, the 31-year-old, who is in a relationship with Victoria Swarovski, also tops the ranking of the biggest increases in wealth.

Who are the others? At just 19 years old and worth an estimated $1.1 billion, Brazilian Livia Voigt is the youngest member of the illustrious circle. Her money comes from a minority stake in electrical appliance manufacturer WEG, which her late grandfather co-founded. Seven of the twenty-five young billionaires made their fortunes on their own. According to Forbes, there is only one self-made newcomer appearing in the rankings for the first time this year – Japanese Shunsaku Sagami. The 33-year-old founded the Holding Mergers and Acquisitions Research Institute. It uses artificial intelligence to bring companies together for mergers and acquisitions.