Can Kids Legally Have Jobs?
It may surprise you that most kids can legally have jobs at a young age.
Although some countries and municipalities have stricter rules about the ages an adolescent can work, most countries allow children to begin working as early as 12 years old or even younger, depending on the profession.
Some parents opt to let their children start working while still in school, so they develop essential skills like teamwork and problem-solving alongside academics.
Many celebrity parents choose to put their kids to work as a natural consequence of being born into the celebrity lifestyle as a child of the world's rich and most famous people.
In most cases, the most affluent kids in the world usually inherit a lot of money.
Some of the wealthiest kids in the world include the children of Microsoft founder Bill and Melinda Gates, celebrities like Kim Kardashian, and the children of members of the Royal Family.
Below we provide a brief overview of 15 of the richest kids in the world. We delve into who their famous parents are, how they got rich, and their estimated net worth. We'll also discover their rich siblings and learn more about their families.
How Did The Richest Kids in the World Get So Rich?
Modeling: Many kids become famous models to make money from modeling. To become a model, you typically need natural beauty, good physical condition, and the talent for posing. Models often receive training in how to pose and perform for photographers. Some parents may help their children land modeling jobs by assisting with networking or introducing them to agents or casting directors.
YouTube – Online Celebrities: Ryan Guan became famous as an online star after filming himself playing video games and making funny comments.
He now has a large following on YouTube, where he posts videos about his life and gaming adventures. To make money from his channel, Ryan sells advertising space to companies that want to promote their products or services through his videos.
Ryan’s channel is an excellent resource for parents looking to teach their children about money, entrepreneurship, and wealth.
In addition, Ryan has also spoken publicly about the importance of setting financial goals for himself and achieving them. To learn more about Ryana his journey to becoming rich, check out his YouTube channel!
Inherited Wealth: The majority of rich kids became wealthy by default. Being born to the Hollywood elite, the rich and famous, and as a member of the Royal Family has its perks.
These million-dollar kids are born with all the expected luxuries and comforts of the wealthy. Although some of the children of the rich, famous, and ultra-wealthy grow up to work as entrepreneurs or celebrity influencers themselves, many of these rich kids will never have to work a day in their lives as a result.
Celebrity Appearances: Many of the world's rich kids earn a steady paycheck alongside their parents, who are influential public figures, actors, actresses, musicians, and celebrity influencers.
Some media outlets will pay exorbitant amounts for images and videos of celebrity kid firsts.
People magazine is one of the well-known celebrity media outlets that post the first pregnancy announcements and pictures of newborn celebrity family members online.
Entrepreneurship: Some of the world's wealthiest kids have always made their own money. Young entrepreneurs like Aksay Ruparelia are examples of kids who become millionaires by creating valuable products or inventions that turn into million or billion-dollar financial empires.
Retail Sales: Kids can become rich by selling their retail clothing line in various ways. The first option is to create a brand that is unique and different from the competition.
It's essential to develop an original design idea, develop marketable products, and find the right wholesale partners who will distribute your clothes worldwide.
Another way kids can make money through their clothing line is to sell online. This can be done through website design and development as well as online marketing campaigns that target potential buyers in cities all over the world.
Children can also participate in fashion shows, or trunk shows where they display their clothes on model bodies while accepting bids from interested customers.
When starting a business of any kind, the most important thing is to have conviction and stay true to your vision no matter what happens along the way.
Following these simple tips, kids can turn their dream into reality without ever leaving home!
15 Richest Kids in The World
The richest kids in the world come from a wide variety of backgrounds. Some inherited their wealth from celebrity parents or royal lineage — others made their own way.
#1. – Akshay Ruparelia – Real Estate Mogul
Akshay Ruparelia earned his million-dollar net worth by creating a unique idea and becoming one of Britain's youngest real estate entrepreneurs.
He founded an online real estate company in Britain that became popular with the British public and is still generating massive amounts of income in real estate each year.
#2. – Blue Ivy Carter – Daughter of Jay-Z and Beyonce
Blue Ivy has inherited and earned wealth, making her one of the richest kids on earth. Many outlets list Beyonce and Jay-Z's oldest daughter as the richest kid on earth, with an estimated net worth of over 1 billion dollars.
Beyonce's daughter isn't the only rich kid in her talented and world-famous family. She shares her family wealth with siblings Rumi Carter and Sir Carter, who also belong to the famed power couple with a combined net worth of over one billion dollars.
#3. – Dannielynn Birkhead – Daughter of Anna Nicole Smith
Dannielynn Birkhead inherited her wealth from her famous mother, Anna Nicole Smith. She is a third-generation American heiress who inherited a fortune from her mother which was reported to be around $150 million when she died on March 19th, 2016.
Anna Nicole Smith was an American former supermodel and actress. She won many beauty contests and had a successful career on television.
Smith hosted several shows, such as The Howard Stern Show, Divorce Court with Maury Povich, and The Anna Nicole Show. She also starred in a number of films, such as Johnny Handsome and Sons of Anarchy.
#4. – Jackie Evancho
Jackie Evancho is a popular singer and songstress born in Pittsburgh, Pennsylvania, with an estimated net worth of around $4 million.
After training as a classical violinist, she made her professional debut at 10 with the Philadelphia Orchestra. She rose to fame after winning season 5 of America's Got Talent in 2010, performing renditions of “Somewhere” and “Sunday Morning.”
After becoming an international sensation thanks to her performances on AGT, Evancho released her self-titled album in 2011, which peaked at number 2 on the Billboard 200 chart.
Her follow-up album, Every Eye Open (2012), debuted at number 1 on the same chart and achieved Gold certification from the Recording Industry Association of America (RIAA).
In 2013, Evancho won two Grammy Awards for Best Classical Album for Both Sides Now: Songs From My New York Trilogy and Best Traditional Pop Vocal Album for Lullaby: A Collection Of Christmas Classics.
In 2014, she received five BRIT Awards nominations, including Video Star winner for performance on The Tonight Show Starring Jimmy Fallon featuring Coldplay's “Christmas Lights.”
#5. – North West – Daughter of Kim Kardashian and Kanye West
North West is the daughter of Kim Kardashian and Kanye West. She has a net worth of $100 million. North was born in October 2013.
Her father, Kanye, is an entrepreneur and rapper, while her mother, Kim Kardashian, is a reality television personality and model.
North began modeling as young as three years old for her parents' cosmetics line, KARDASHIAN Kollection.
In addition to modeling and making appearances alongside her world-famous parents, North has appeared in commercials for a wide variety of children's products as a paid model for popular brands, including the following.
- Adidas
- Athletica
- Nike
- Lululemon
#6. – Phoebe Adele Gates – Daughter of Bill and Melinda Gates
Bill and Melinda announced that their three kids would get a minuscule amount of his total wealth of just $10 million each. This is done purposely to encourage the kids to accomplish on their own.
The Gates are among the wealthiest couples in the world, thanks to their extensive investment career. They first got involved in the business as young adults and founded Microsoft Corporation in 1975.
Microsoft became one of the largest information technology providers in the world and was worth an estimated $345 billion at its peak.
Since then, they have poured their wealth into various philanthropic initiatives focusing on improving global health, reducing poverty across developing countries, advancing education opportunities worldwide, fighting climate change through energy conservation efforts, etc.
The Gates Foundation is ranked number two on Forbes’ list of billionaires who give back most generously, with donations totaling over $45 billion.
#7. – Princess Charlotte of Wales – Member of the British Royal Family
Princess Charlotte of Wales was born on May 2, 2015 and is the daughter of Prince Harry and Meghan Markle. She is fifth in line to the British throne and has been widely reported as a highly-loved member of her family.
Princess Charlotte has made headlines for several reasons, most notably when she was pictured crying while visiting a London hospital with her mother.
She also won many hearts when she attended an Easter egg hunt at Kensington Palace wearing a bright pink Bunny HTM suit designed by Australian fashion designer Neville Westwood .
In addition, it was recently announced that she will join her father during his royal tour of Africa next year, where he will focus on youth education programs.
#8. – Prince George of Wales – Member of the British Royal Family
Prince George of Wales was born on July 22, 2013, and is the second child and first son of Prince William, Duke of Cambridge, and Catherine Middleton.
Born at St Mary's Hospital in London after a 9-hour labor with his siblings Princess Charlotte (then two years old) and Prince Harry (then one year old), he had been expected to be christened within days, but that did not happen due to early publicity surrounding his birth.
He has made several public appearances since then, including attending the Invictus Games in Toronto and an extended tour of Australia.
#9. – Ryan Guan – YouTube Influencer
Ryan Guan is an influencer known for his YouTube videos that focus on social media marketing. He has over 2 million subscribers, and his videos have been viewed over 500 million times.
Ryan's content is typically very engaging, informative, and entertaining, making it a great resource for anyone looking to learn more about online marketing. Online financial reports list his earnings from YouTube and his self-named product line at between $26 and $32 million dollars.
#10. – Rory John Gates
Rory John Gates is the son of Bill and Melinda Gates. He was born in 2000, and his father is a co-founder of Microsoft Corporation. As of February 2019, Forbes reports that Ryan’s net worth is $1 billion.
The Gates Foundation is likely the world's largest philanthropic organization, with over $40 billion in assets. The foundation focuses on improving global health, education, and agricultural development.
#11. – Rumi Carter – Sibling of Blue Ivy Carter
Rumi Carter is the daughter of Jay-Z and Beyonce. Her father is one of the most successful musicians in the world and has a net worth of over a billion dollars. Rumi's mother, Beyonce, has a staggering net worth estimated at around $500 million.
Rumi has appeared in several music videos and tours with her mother, including Bey’s 2016 residency at Madison Square Garden. The combined net worth of Rumi's parents makes her and her siblings one of the 15 wealthiest kids in the world.
#12. – Saint West – Son of Kanye West and Kim Kardashian
Saint West is the son of Kim Kardashian and Kanye West. He was born in 2015, and his father has over $1 billion net worth. Saint West's mother also has a fortune of her own, which makes him one of the wealthiest children in the world.
This Kardashian kid shares his wealth with three other rich siblings, Chicago West, Psalm West, and North West, who have all managed to amass their million and billion-dollar fortunes before they have even become teenagers.
#13. – Sir Carter – Sibling of Blue Ivy and Rumi Carter
Sir Carter is the son of Jay-Z and Beyonce. His father has a net worth of over $1 billion, making him one of the richest people in the world. He was born in 2017 as a twin to mega-rich brother Rumi Carter.
Beyonce's worldwide fan base has earned her a fortune of around 500 million. The combined net worth of their famous parents places the Carter kids, Sir, Blue Ivy, and Rumi, near the top of the list of the 15 wealthiest kids in the world.
#14. – Syed Sumail Hassan
When Syed Sumil Hassan was featured in Time Magazine's Most Influential Teen of the year in 2016, he had already achieved great success as a computer scientist and entrepreneur. Born to Bangladeshi refugee parents who fled to Canada when he was just three years old, his journey has been one of overcoming obstacles.
From a young age, he knew he wanted to be an engineer and started learning about computers at home. After building his first website at 14, he rapidly progressed through high school while founding two tech startups.
In 2014, at 17 years old, Syed Sumail Hassan won the prestigious Google Science Fair with his project ‘Building Intelligent Robotic Agents That Learn'.
Since then, Syed has continued to achieve significant academic and professional success. He is now a graduate student at Stanford University, studying machine learning and data science while pursuing a Ph.D. in Computer Science Engineering under Professor Andrew Ng.
#15. – Valentina Paloma Pinault – Daughter of Salma Hayek and Billionaire Francois Henri Pinault
Valentina Paloma Pinault is the daughter of actress Salma Hayek and billionaire CEO François Henri Pinault.
Salma Hayek became rich through her various acting and television roles. Her wealth increased exponentially when she married Francois Henri Pinault, a French businessman who was the CEO of the luxury goods company Kering.
FrançoisHenri was previously married to Eva Longoria, with whom he also has two children.
After divorcing Eva Longoria, Salma and Francois Henri met and started dating in 2003. The couple got married and had two children due to their union. Valentina Paloma was born in 2004, and her sibling Maximilian Genesis was born in 2006.
Ten-year-old Valentina Paloma Pinault and her younger sibling are expected to get an inheritance valued at around $12 million dollars.
This number is only an estimate based on available financial data, and it is rumored that Valentina and her younger sibling may stand to inherit even more than the estimated 12 million dollar amount.
How Old Are the Richest Kids in the World?
The most affluent kids in the world are all under 18 years old. Some are as young as a few months and were recently born this year. The richest kids in the world come from various backgrounds around the globe.
Most have inherited their wealth from world-famous parents, including A-list celebrities, kings, queens, and leaders of multinational corporations like Bill and Melinda Gates.
