Making it big as a successful business woman in a world where 80% of American billionaires are male is no easy feat. But through a combination of hard work and, in some cases, being born into success and wealth, several young women have achieved millionaire and billionaire status while still in their twenties.
The twenty-first century has brought many opportunities to make money at an incredibly young age, with the power of social media propelling today’s youth forward into fame and wealth. So, who is the youngest richest woman in the world? Keep reading to find out!
The Youngest Richest Woman in the World: Kylie Jenner
Net worth: $750 million
Even though Kyle Jenner is reportedly not worth the $1 billion that Forbes magazine initially claimed, the youngest sister of Kim Kardashian is estimated to be worth $750-$900 million. While 25-year-old Kylie Jenner is famous for Keeping Up With the Kardashians and its numerous spinoffs, she has amassed most of her fortune through her cosmetics line, Kylie Cosmetics. However, her partnership with Coty Inc. officially made her the richest youngest woman in the world when she sold 51% of Kylie Cosmetics for $600 million.
While Forbes did name Kyle Jenner as the youngest self made billionaire in 2019, the magazine revealed in 2020 that she had not achieved billionaire status just yet. Kylie and her manager mom, Kris Jenner, came under fire for reportedly lying about her billionaire status, which they thoroughly deny. The coronavirus had taken a massive hit on Kylie Cosmetics, with her projected earnings being far below what they once were. While she may not have reached billionaire status as of 2022, it is safe to say that Kylie Jenner will continue to amass an extraordinary amount of wealth into the remainder of her twenties and beyond.
Caroline Hagen Kjos
Net worth: $2.6 billion
With a whopping net worth of $2.6 billion, 38-year-old Caroline Hagen Kjos is the richest woman in Norway and one of the richest women in the world. This Norwegian businesswoman inherited her fortune through her father, Stein Erik Hagen, who was previously the majority shareholder in the family business, Canica. Caroline is now chairman of the Canica holding company and the majority shareholder as of 2014.
Rihanna (Robyn Rihanna Fenty)
Net worth: $1.7 billion
34-year-old Robyn Fenty, publicly known as Rihanna, is the richest female musician in the world and one of the youngest female billionaires. While Rihanna grew to massive success through her music career, becoming the second best-selling female artist of all time, most of her financial success comes from her beauty line, Fenty Beauty. While Fenty Beauty is valued at $1.4 billion, Rihanna’s lingerie company, Savage x Fenty, is estimated to be worth an additional $270 million.
Eva Maria Braun-Luedicke
Net worth: $1.5 billion
This 35-year-old female billionaire owns 12% of B. Braun Melsungen, a medical device company. This German company dates back to 1839 and has grown to hire more than 63,000 employees and has offices and production facilities in over 60 countries. Eva Maria Braun-Luedicke works as Communications Manager for B. Braun Melsungen, previously owned by Ludwig Georg Braun, her mother’s cousin.
Whitney Wolfe Herd
Net worth: $1.5 billion
If you’ve been single in the twenty-first century, then odds are you’ve heard of the Bumble dating app. What you may not be aware of is that 33-year-old Whitney Wolfe Herd launched Bumble after leaving her job as Vice President of Tinder. This female billionaire once carried the title of the youngest self-made female billionaire and further added to her immense wealth by marrying oil heir, Michael Herd.
Elisabeth Furtwängler
Net worth: $1.3 billion
Germany’s Elisabeth Furtwaengler was born into immense wealth thanks to her father, billionaire Hubert Burda. His company, Burda Media Group, has earned him a net worth of $2.9 billion, with Elisabeth owning a cool 25% of it. While the 29-year-old is effortlessly wealthy, she sits on Burda Media’s board of directors.
Lisa Draexlmaier
Net worth: $1.2 billion
This female billionaire also hails from Germany and has gained immense wealth in the family business, Dräxlmaier Group. Lisa’s grandmother co-founded the auto parts maker, leading to Draexlmaier and her father overseeing operations for Dräxlmaier Group at age 31. With lucrative contracts with auto luxury brands such as BMW, Cadillac, and Audi, Dräxlmaier Group was able to bring in $5.5 billion in just one year.
Alexandra Andresen and Katharina Andresen
Net worth: $1.1 billion
While you may not have heard of these Norwegian heiresses, 26 and 27-year-old Alexandra and Katharina Andresen are each worth an estimated $1.1 billion. Each Andresen sister inherited 42% of Ferd, the family-owned investment company, which is still run by their father, Johan. While Alexandra is noted for winning several awards in horse dressage competitions and modeling for Kingsland, an equestrian clothing company, her sister has a more negative image in the media. Katharina was fined $250,000 in 2017 for drunk driving, which resulted in a suspended license for 13 months.
Anna Kasprzak
Net worth: $1 billion
While 32-year-old Anna Kasprzak was born into wealth, she made a name for herself, representing Denmark at the Summer Olympics in 2012 and 2016, competing in dressage riding. This female billionaire is the daughter of Hanni Toosbuy Kasprzak, the owner, and CEO of the shoe company ECCO, one of the most successful European brands of all time.
