Following the release of Hong Kong's Richest 2021, Forbes has just unveiled the 2021 edition of the World's Billionaires List. Despite the global pandemic, the rich are getting richer and some even amassing fortune well very early on in their life.
Over the years, a handful of billionaires have debuted on the list while still a teenager. German heir Kevin David Lehmann is currently the youngest billionaire in the world at 18 but there's no shortage of young billionaires in Asia. The youngest this year, Wang Zelong is only 24 years old, four years younger than last year's youngest Jonathan Kwok who was 28 years old.
1. Wang Zelong
Wang Zelong makes his debut as the second-youngest in the overall Forbes World's Billionaires List, and the youngest in all of Asia, at 24 years old. The billionaire's fortune arises from the stakes in CNNC Hua Yuan Titanium Dioxide Co., a chemical company that trades on the Shenzhen stock exchange. He also has stakes in Lomon Billions Group, another company that produces titanium dioxide in China.
Net worth: US$1.5 billion