Top 10 Youngest Female Billionaires in The World - Breaking Barriers
by B Kishwar
Updated Dec 01, 2023
Top 10 Youngest Female Billionaires in The World
Caroline Hagen Kjos
Whitney Wolfe Herd
Eva Maria Braun-Luedicke
Youngest Female Billionaires
Caroline Hagen Kjos
Whitney Wolfe Herd
Eva Maria Braun-Luedicke
Youngest Female Billionaires in The World
The world of billionaires is not only dominated by men, as a new generation of young and successful female entrepreneurs is making waves across industries. In this exclusive list, we delve into the lives of the youngest female billionaires who have not only shattered glass ceilings but have also amassed immense fortunes at a remarkably early age. From tech innovators to heirs of family empires, these women showcase the diverse paths to success and serve as inspirations for aspiring entrepreneurs worldwide. Let's explore the stories and achievements of the top 10 youngest female billionaires in the world, each bringing a unique blend of vision, determination, and business acumen to the global stage.
1. Caroline Hagen Kjos
Caroline Hagen Kjos, at the age of 37, stands as the youngest female billionaire with a remarkable net worth of $2.1 billion. She assumed the role of chairman at Canica AS, a prominent holding company, where she holds a significant stake, contributing substantially to her wealth. The company, having recently entered mergers with both the ICA group and a Dutch retailer, has further propelled Caroline's financial standing.
Her astute business decisions and leadership have solidified her position at the forefront of the world's youngest female billionaires. Caroline's success not only exemplifies her entrepreneurial prowess but also serves as an inspiration for aspiring young women globally.
2. Lisa Draexlmaier
Lisa Draexlmaier, aged 30, emerges as a notable figure in the billionaire landscape with a substantial net worth of $1.7 billion. Coordinating with her father, she oversees the operations of Fritz Draexlmaier, the largest auto-parts manufacturing company. As the sole owner, Lisa's strategic decisions impact major automotive brands such as BMW, Audi, Cadillac, Porsche, Tesla, Maserati, and Mercedes-Benz.
The company, named after Lisa's late grandmother, owes its success to her visionary leadership. Lisa Draexlmaier's journey to becoming one of the youngest female billionaires underscores the significance of family legacy and individual dedication in achieving extraordinary entrepreneurial feats, particularly in the competitive automotive industry.
3. Whitney Wolfe Herd
Whitney Wolfe Herd, at the age of 31, stands as a prominent figure among the youngest female billionaires globally. Co-founder of the popular dating app Bumble, Wolfe Herd's entrepreneurial journey has been nothing short of remarkable. Bumble, known for its innovative approach of empowering women in the realm of online dating, gained immense popularity, ultimately becoming a publicly traded company.
Wolfe Herd's leadership not only brought financial success but also transformed societal norms by providing women with the agency to control their online interactions. With a net worth of $1.5 billion, Whitney Wolfe Herd continues to make strides not only as a businesswoman but also as an advocate for gender equality in the tech industry.
4. Elisabeth Furtwaengler
At the age of 29, Elisabeth Furtwaengler has etched her name among the youngest female billionaires, showcasing a unique blend of business acumen and artistic talent. As the daughter of publishing magnate Hubert Burda and actress Dr. Maria Furtwaengler, Elisabeth holds a 25% stake in the Burda Media Group, a renowned media conglomerate with a portfolio spanning over 600 products across 24 countries.
Beyond her business pursuits, Elisabeth has showcased her artistic side as a singer, even studying at the Music Conservatory in California. Her multifaceted approach to success places her in a distinctive position among young billionaires, bridging the worlds of media, art, and business with finesse.
5. Eva Maria Braun-Luedicke
Eva Maria Braun-Luedicke, aged 34, has emerged as a notable figure in the world of billionaires through her leadership in the medical technology sector. Together with her sister Friederike, Eva owns a significant 12% share in a global medical technology devices company. What began as a small pharmacy herbal selling group has evolved into a major player with 64,000 employees globally, manufacturing a range of products from injections to surgical instruments.
Eva's strategic prowess in steering the company has resulted in a net worth of $1.3 billion. Beyond her business endeavors, her family legacy and involvement in the pharmaceutical industry underscore the diverse paths young female billionaires are taking to leave an indelible mark on the business landscape.
6. Friederike Braun-Luedicke
Friederike Braun-Luedicke, at 37 years old, has firmly secured her place among the youngest female billionaires in the world. Alongside her sister, Eva Maria Braun-Luedicke, Friederike holds a notable 12% share in a prominent medical device company. Together, they efficiently manage and steer the company's operations, particularly specializing in the production of surgical instruments. This venture has propelled Friederike to amass a considerable fortune, estimated at $1.3 billion.
The success of the medical technology devices company, which originated as a small pharmacy herbal selling group, is now a global player with approximately 64,000 employees. Friederike's strategic leadership and business acumen have not only contributed to the company's financial success but have also solidified her status as one of the world's youngest female billionaires.
7. Alexandra Andresen
At the age of 25, Alexandra Andresen has not only entered the ranks of the youngest billionaires globally but has done so through her strategic investments in the family company. The company, primarily owned by her father Johan Andresen, encompasses diverse holdings in finance, Scandinavian manufacturing, and technology firms. Alexandra, along with her sister, inherited a significant share of the family investment company, Ferd, and now holds an estimated net worth of $1.2 billion.
Her involvement in the business world at such a young age is further emphasized by her father's prominent role and ownership of around 70% of Ferd. This investment firm's success has allowed Alexandra to carve her path as one of the youngest female billionaires, showcasing her financial prowess and entrepreneurial spirit.
8. Katharina Andresen
At just 24 years old, Katharina Andresen has already established herself as one of the youngest female billionaires globally. Alongside her sister Alexandra, she runs an investment firm that inherited approximately 42% of the shares of her family's investment company. This company, managed by their father, holds a substantial 70% of total voting rights and operates under a dual-class share structure, contributing significantly to the sisters' overall wealth. Katharina's involvement in the financial sector at such a young age underscores the changing landscape of female empowerment in business, proving that age is no barrier to success.
Beyond her financial endeavors, Katharina Andresen is part of a new generation of influential young women making their mark. Her foray into the investment world aligns with a broader trend of young entrepreneurs shaping industries traditionally dominated by older counterparts. As a dynamic force in both business and societal expectations, Katharina Andresen represents the evolving face of female leadership in the modern era.
9. Kylie Jenner
At the age of 22, Kylie Jenner has not only become a household name but has also solidified her status as the youngest self-made female billionaire in the world. Renowned for her cosmetics empire, Kylie Cosmetics, she made headlines by selling a 51% stake in the company, a deal that significantly contributed to her billion-dollar fortune. Beyond her entrepreneurial success, Kylie has positioned herself as a cultural icon and trendsetter, dominating the beauty and fashion industries.
Kylie Jenner's journey to becoming a billionaire is characterized by her strategic use of social media, especially through platforms like Instagram and Snapchat, where she has amassed millions of followers. Her ability to leverage her personal brand and connect with a massive audience has redefined the concept of celebrity entrepreneurship. Kylie's impact extends beyond business, as she continues to influence beauty standards and redefine perceptions of success for young women globally, making her a symbol of empowerment and achievement in the digital age.
10. Anna Kasprzak
Anna Kasprzak, at 32 years old, stands out as a notable figure in the world of billionaires, not only for her wealth but also for her diverse pursuits. Running a shoe business alongside her mother and brother, Anna has contributed to the success of the Danish shoe manufacturer ECCO, which boasts a significant global presence. The company, founded by her grandfather, Late Karl Toosbuy, has become a major player in the industry, with over 2,200 stores worldwide, including online platforms.
Which Industry Dominates the Ventures of These Young Female Billionaires?
The ventures of these young female billionaires span across a wide array of industries, showcasing their versatility and impact on diverse sectors. Here's an in-depth look at the industries that dominate the endeavors of these successful women:
Caroline Hagen Kjos:
Industry: Business and Retail
Caroline became the chairman of the Canica AS holding company. She holds a significant number of stakes in the company, which recently signed up for a merger with the ICA group and a Dutch retailer, solidifying her position in the retail industry.
Lisa, at the age of 30, controls one of the biggest auto-parts maker companies, Fritz Draexlmaier. The company serves major automotive brands such as MBW, Audi, Cadillac, Porsche, Tesla, Maserati, and MercedesBenz, establishing Lisa's dominance in the automotive industry.
Whitney Wolfe Herd:
Industry: Technology and Social Media
Whitney is the co-founder of Bumble, a popular dating app that has gained massive popularity. As a tech entrepreneur, she has made a significant impact on the social media and technology industry, providing a platform that empowers women in the dating landscape.
Industry: Media and Publishing
Elisabeth, daughter of publishing magnate Hubert Burda, is actively involved in the media industry. She owns 25% of the shares of the Burda Media Group, which encompasses a portfolio of around 600 media products in more than 24 countries, including popular titles like Elle, Bunte, Focus, and Harper’s Bazaar.
Eva Maria Braun-Luedicke and Friederike Braun-Luedicke:
Industry: Medical Technology
Both sisters, at ages 34 and 37 respectively, collectively own a 12% share in a medical technology devices company. The company, which started as a small pharmacy herbal selling group, has grown to have a global presence, manufacturing products ranging from injections to surgical instruments and infusions.
Alexandra Andresen and Katharina Andresen:
Industry: Investment and Finance
The Andresen sisters are involved in their family's investment firm, which owns various finance, Scandinavian manufacturing, and tech firms. This places them in the realm of finance and investment, showcasing their influence in the financial sector.
Industry: Cosmetics and Fashion
Kylie Jenner, at the age of 22, is renowned for her cosmetics empire, Kylie Cosmetics. She achieved billionaire status through her contributions to the beauty and fashion industries, making a significant impact with her brand and reshaping beauty standards.
Industry: Footwear and Sports
Anna, aged 32, is engaged in the shoe business alongside her family. Her company, ECCO, is a major player in the footwear industry with a global presence. Additionally, Anna's pursuits as a dressage rider bring a sports dimension to her multifaceted career.
These young female billionaires exemplify the breadth of industries they've successfully navigated, demonstrating their influence and leadership across various sectors.
Youngest Female Billionaires in The World - FAQs
According to the provided information, Caroline Hagen Kjos holds the title of the youngest female billionaire at the age of 37 with a net worth of $2.1 billion.
Lisa Draexlmaier, at 30 years old, controls the biggest auto-parts maker company, Fritz Draexlmaier, with her father. The company is a significant player in the automotive industry, serving brands such as MBW, Audi, Cadillac, Porsche, Tesla, Maserati, and MercedesBenz.
Whitney Wolfe Herd, aged 31, is the co-founder of Bumble, a dating app that gained massive popularity and recently went public. Her net worth is estimated at $1.5 billion.
Kylie Jenner, at 22, achieved her billionaire status through her cosmetics empire, Kylie Cosmetics. She made headlines by selling a 51% stake in the company, contributing significantly to her net worth of $1 billion.
Anna Kasprzak, aged 32, not only runs a successful shoe business but also competes as a dressage rider. Her family's shoe company, ECCO, is a major player with a global presence, and Anna adds a sporting dimension to her multifaceted career.