Riches from their parents: World’s youngest billionaires all inherited their wealth

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This is the first time in 15 years there is no self-made billionaire under age 30.

SINGAPORE – Being born with a silver spoon helps. All the better if it is made of platinum. According to a list by American business magazine Forbes in April, every one of the world’s 15 youngest billionaires is an heir.

If anyone can pass off as a modern Disney prince, it would be Mr Gustav Magnar Witzoe. His father Gustav Witzoe founded SalMar, one of the world’s largest producers of farmed salmon. He appears to have picked himself up after his brush with the law and, at one point, dabbled in real estate investments.

Mr Kevin David Lehmann’s father, Mr Guenther Lehmann, made a good call in the early 1970s when he invested in dm-drogerie markt, a pharmacy chain which is now the largest pharmacy group in Germany. At the time of his death at age 87, the senior Del Vecchio was the second-richest person in Italy, with an estimated net worth of US$24.1 billion. With his first wife, he had a son – Claudio, 67 – and two daughters – Marisa, 65, and Paola, 63. His second marriage yielded a son, Leonardo Maria, and his third marriage resulted in two sons, Luca and Clemente.

Mention the surname Andresen in Norway and you are bound to get nods of recognition. After all, the Andresen family was known for its cigarette empire. then 21-year-old had failed a roadside breathalyser test while on her way to the family chalet in a ski resort in Norway, and her blood-alcohol content was allegedly three times over the legal limit.

 

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