Most 20-year-olds nowadays are gearing up for what life will throw them – perhaps, landing their dream job, saving up for their first house, and making sure their meek salary is sufficient up to the end of the month – all while paying for student loan debts.
However, not people of that age are in the same situation. The youngest billionaires spend their money and time differently:
Makeup maven Kylie Jenner is arguably the most popular among this bunch precisely because she is a celebrity, thanks to her early start (9 years old) in show business via her clan’s E! reality show, Keeping Up With The Kardashians. In case you live under the rock, the mother of one stole the title of the youngest self-made billionaire when she was 21 from Facebook founder Mark Zuckerberg, who surpassed the billion mark at 23.
Kylie Jenner has a lot of luxury rides
Although naysayers had a lot to say about Kylie being crowned with such a title, it is worth noting that her namesake beauty line has been nothing but booming. The majority of her $1.1-billion fortune came from her business and she had since been making smart money moves.
The most recent was selling a 50-percent stake of the company to Coty Inc. for $600 million IN CASH.
The social media superstar is a known fan of luxury cars that may, altogether, be worth millions. These sweet rides are presumably neatly parked in the garage of her Hidden Hills mansion that she purchased for a whopping $12 million three years ago.
John Collinson developed Stripe with his brother
Following Kylie as the youngest self-made billionaire is John Collinson, who made his fortune through Stripe, a payment company that he and his brother founded nine years ago. The 29-year-old entrepreneur was a student at Harvard when the siblings’ masterpiece went live.
He immediately left school once Stripe became popular and after sealing a big deal three years ago, John and his brother instantly became billionaires. Now, the man is enjoying the fruit of his labor by traveling, trekking, and staying active.
Gustav Magnar Witzoe
One of the youngest billionaires in Norway is Gustav Magnar Witzoe, who has an estimated net worth of $3 billion. Unlike the two, he gets money from his father Gustav Witzoe’s company, SalMar, wherein the 26-year-old has a 47-percent stake.
Gustav Magnar Witzoe is a model
Plus, he is also a model, which highlights his love for fashion. From his Instagram account, he also likes traveling and watching concerts.