How old is the youngest millionaire?

The youngest millionaire depends on whether wealth is inherited or self-made; as of late 2025/early 2026, Johannes von Baumbach (19, heir) and the 22-year-old Mercor founders (Foody, Hiremath, Midha) are contenders for youngest billionaire, while Jackie Coogan (actor) holds the historical record for youngest non-inherited millionaire (at 13), and Jaden Ashman (gamer) became a millionaire at 15, showing varied paths to wealth in the millionaire/billionaire brackets.

Who was the youngest millionaire?

The youngest millionaire depends on whether it's inherited or self-made, with child actor Jackie Coogan being the youngest known millionaire in the 1920s (around age 13) for earned wealth. For recent self-made billionaires, Alexandr Wang, Lucy Guo, and others co-founding tech companies like Scale AI and Mercor, achieved this status in their early 20s, while young heirs like Germany's Johannes von Baumbach (age 19 in 2025) are the youngest billionaires overall through inheritance.
 

Is there a 15 year old millionaire?

Yes, there are definitely 15-year-old millionaires, often achieving this status through online ventures, content creation, investments, or innovative businesses like apps, gaming, and fashion, with examples including Isabella Barrett, David Ghiyam, and Jack Doherty, showcasing that youth isn't a barrier to significant wealth in the digital age. 

Why are suddenly so many self-made billionaires under 30?

Fueled by AI, prediction markets and online gambling, there are more self-made billionaires under 30 than ever before, 13 up from a previous record of 7.

How many millionaires are under 30?

While precise global figures vary, there are millions of millionaires under 30 worldwide, though they represent a small fraction (around 1-2%) of all millionaires, with many young billionaires inheriting fortunes, while a growing number of younger millionaires build wealth through tech, finance, and entrepreneurship, often in the US. For instance, in the US, there are hundreds of thousands of younger millionaires, but estimates suggest only about 1% of those in their 20s reach millionaire status, making it rare. 

Asking Hong Kong Millionaires How They Got RICH!

What do 90% of millionaires do?

The famed wealthy entrepreneur Andrew Carnegie famously said more than a century ago, “Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined.

Who is the richest kid billionaire?

The title of "richest kid" often goes to Princess Charlotte of Wales, estimated to be worth billions due to her royal status and influence on fashion, though this is projected economic value, not liquid cash. Other incredibly wealthy young individuals include heirs like Johannes von Baumbach (German pharma fortune) or Kim Jung-Youn (Korean gaming) for self-made wealth, while celebrity kids like Blue Ivy Carter and Stormi Webster have substantial trust funds and media influence. 

At what age did Elon Musk become a billionaire?

Some top tech execs reached billionaire status in their early twenties, like Mark Zuckerberg at 23, while others, including Larry Ellison, did not achieve it until their late forties. Musk became a self-made billionaire in 2012 at age 41 as Tesla's stock value surged, according to Forbes.

Who is the 19 year old AI billionaire?

Alexandr Wang. Alexandr Wang (Chinese: 汪滔; pinyin: Wāng Tāo; born January 1997) is an American entrepreneur who has been Meta's chief AI officer since 2025, leading the Meta Superintelligence Labs.

Who is the youngest rich girl?

Lucy Guo. Lucy Guo is an American entrepreneur and engineer who co-founded Scale AI. In 2022, she founded her second start-up, known as Passes. As of 2025, Guo is the world's youngest female self-made billionaire, due to her stake in Scale AI.

At what age did Mark Zuckerberg became a billionaire?

Mark Zuckerberg was 23 years old when he became a billionaire in 2008, making him the world's youngest self-made billionaire at the time, with his wealth stemming from Facebook (now Meta Platforms)'s rising value before its eventual 2012 IPO.
 

What careers create billionaires?

20 Money-Raking Jobs that Can Make You a Billionaire

• Investment banker. There's plenty of confusion about what investment bankers actually do. ...
• Author. ...
• Athlete. ...
• Entrepreneur. ...
• Lawyer. ...
• Real estate developer. ...
• Surgeon. ...
• Inventor.

Is $50,000 saved by 30 good?

Is $50k saved at 30 good? Yes, saving $50,000 by age 30 is quite good. According to one rule of thumb, you should save the equivalent of your annual salary by age 30. The latest data from the Bureau of Labor Statistics shows that the annual average salary of a 30 year-old is approximately $54,080.

What is the $27.40 rule?

The $27.40 Rule is a personal finance strategy to save $10,000 in one year by consistently setting aside $27.40 every single day ($27.40 x 365 days = $10,001). It's a simple way to reach a large financial goal by breaking it down into small, manageable daily habits, making saving feel less intimidating and more achievable by cutting small, unnecessary expenses like daily coffees or lunches.
 

Is 100k saved at 33 good?

Kevin O' Leary Says By 33, You Should Have $100,000 Saved 'Somewhere' — 'That's the Age When it's Really Time to Start Getting Focused'

Who is world's no. 1 richest actor?

The Top 10 Richest Actors in the World

• Arnold Schwarzenegger. $1.2 Billion. ...
• Jerry Seinfeld. $1.2 Billion. ...
• Dwayne “The Rock” Johnson. $1.19 Billion. ...
• Tom Cruise. $891 Million. ...
• George Clooney. $742.8 Million. American.
• Robert De Niro. $735.35 Million. American.
• Brad Pitt. $594.23 Million. American.
• Jack Nicholson. $590 Million. American.

How rare is a millionaire?

How many millionaires are there in America? According to Swiss bank USB's 2025 Global Wealth Report, there were 23,831,000 millionaires in the United States in 2024. Compared to other countries, this is by far the largest number of millionaires, comprising nearly 40% of millionaires worldwide.

What do millionaires buy for fun?

Millionaires buy extravagant items for fun, including art, rare collectibles, exotic cars, private jets, and mega-yachts, alongside unique experiences like world travel, high-stakes poker, or owning private islands. Hobbies often involve luxury purchases like vintage wine collections, high-end electronics, or even bespoke items like gold-plated toilet paper, while many focus on accumulating experiences and unique assets. 

What job makes $1,000,000 a year?

Entrepreneurship, Healthcare and CEOs

About 1% of U.S. small business owners, roughly 300,000, achieve this annually, per IRS data. Healthcare, especially highly specialized medicine, enables seven-figure incomes, with top neurosurgeons and cardiac surgeons often exceeding $1 million in private practice.