Livia Voigt, a Brazilian student, has captured global attention by becoming the youngest billionaire worldwide, as revealed by the latest Forbes Billionaires List of 2024. With a staggering net worth of $1.1 billion at the tender age of 19, Voigt has earned the prestigious title of the world’s youngest billionaire.
Remarkably, Voigt’s wealth stems from her status as the largest individual shareholder of WEG, the leading manufacturer of electrical motors in Latin America. Her extraordinary achievement underscores both her entrepreneurial acumen and the immense potential of youth in today’s business landscape.
Livia Voigt’s remarkable ascent to becoming the world’s youngest billionaire at the age of 19 is intertwined with the legacy of WEG, a company co-founded by her grandfather, Werner Ricardo Voigt, along with late billionaires Eggon Joao da Silva and Geraldo Werninghaus. Established as a powerhouse in the field of electric motors, WEG’s global footprint spans solutions ranging from electric motors to generators, showcasing a commitment to innovation and excellence.
As the largest individual shareholder of WEG, Livia Voigt’s net worth of $1.1 billion underscores her exceptional position in the business world. Despite her astronomical wealth, Livia remains grounded in her pursuit of education, currently engaged in university studies in Brazil. Her decision not to hold a board seat or executive position at WEG reflects a dedication to personal growth and academic excellence.
Notably, Livia’s journey to billionaire status is not solitary; her older sister Dora Voigt de Assis, aged 26 and an architecture degree holder since 2020, shares in this remarkable achievement. Together, they represent a new generation of wealth and influence, contributing to the evolving narrative of entrepreneurship and success.
In the context of India’s entrepreneurial landscape, luminaries such as Nithin and Nikhil Kamath, the visionary minds behind Zerodha, and Sachin and Binny Bansal, the dynamic duo behind Flipkart, stand out as beacons of innovation and leadership. Their transformative ventures have not only reshaped industries but have also propelled India onto the global stage of entrepreneurship.
At just 37 years old, Nikhil Kamath holds the title of India’s youngest billionaire, boasting a net worth of $3.1 billion. Close behind, Binny Bansal, aged 41, commands a net worth of $1.4 billion, while his brother Sachin, aged 42, follows suit with a net worth of $1.2 billion, securing a prominent place on Forbes’ rich list.
These entrepreneurs, alongside Livia Voigt, exemplify the spirit of determination, resilience, and innovation that characterizes the modern business landscape. Their achievements serve as a testament to the boundless possibilities inherent in the pursuit of entrepreneurship, driving economic growth and shaping the future of industries worldwide.