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

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.

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