For more than three decades, there has been a sort of race among millionaires to reach the astronomical figure of one billion dollars at a younger age. Names such as Bill Gates, Steve Jobs, Mark Zuckerberg or the late Sam Bankman-Fried have occupied their rightful place in the list of millionaires under 30 who made their fortune by founding large companies.

But for the first time since 2009, no young millionaires under 30 have become members of Forbes’ exclusive millionaires club. created his own fortune. They are all the result of their parents’ or grandparents’ inheritance.

As analysts predicted Cerulli Partners‘Massive transfer of wealth’ baby boom generation to your children millennial generation And generation z This has already begun, and we are seeing the first generational shift among billionaires, no matter how hard some resist aging.

Entrepreneurs leave their positions to wealthy heirs

by list ForbesThe average age of the billionaires list is 66 years old, with the oldest person being 102 years old. Among the 25 youngest people on the billionaires list this year, important names such as Snapchat founder Evan Spiegel, Gymshark’s Ben Francis or Oculus VR founder Palmer Luckey stand out. But they all have one thing in common: They are millionaires who have founded their own companies and accumulated huge fortunes with them, but none of them are under 30 years old.

For example, Mark Zuckerberg was on this list when he was 23 years old and made a huge fortune with his company. Steve Jobs achieved this at the age of 27, and Bill Gates at just 30; Google’s founders were the same age when they became billionaires (in reality, Page achieved it at 31, but Brin was 30).

The biggest difference between the young entrepreneurs who took their place among the richest people in the world like a storm and the new 15 billionaires under the age of 30 who are currently included in the Forbes list is this: none of them became the creators of their wealth. These 15 new heirs under the age of 30 have a combined net worth of $25 billion, and unlike the majority of the millionaires on the list, most of them come from Europe.

For the first time in the last 15 years, new millionaires under the age of 30 become the heirs of huge fortunes, leaving evidence of the aging that the creators of huge fortunes suffer, turning attention to entrepreneurs who amaze the world, but especially those who, according to investors, are already over 33 years old and There is no one to replace a young man who became a self-made millionaire in 2024.

New rich among the rich

The youngest billionaire on the list is Brazilian Livia Voigt, who, at the age of 19, inherited $1.1 billion in the form of shares in WEG, the electric motor company founded by her grandfather and which she now inherits along with her sister Dora. 26 years old.

Clemente del Vecchio is also 19 years old, the younger brother of three children. Heirs under 30 who made it to the millionaires listFollowing the death of Leonardo Del Vecchio, founder and chairman of EssilorLuxottica and Ray-Ban, in 2022. The three heirs to the optical empire founded by their father Leonardo María (28), Luca (22) and Clemente Del Vecchio (19) received a fortune of $ 4.7 billion each.

Something similar happened after the death of Indo-Irish businessman Cyrus Pallonji Mistry, chairman of the Tata Group automobile group and one of its main investors. Their two sons, 25-year-old Zahan and 27-year-old Firoz, inherited $4.9 billion of their father’s estimated $29 billion fortune. This wealth makes the Mistry brothers the richest people under 30 in the world, although the credit goes to their late father.

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Image | Leonardo Maria, Ferd