The world's youngest billionaire, Livia Voigt, is primarily a university student. Her substantial wealth, estimated at US$1.1 billion, does not stem from active employment or running a business, but rather from an inherited minority stake in a major electrical equipment company.
Livia Voigt: A Snapshot of the Youngest Billionaire
Livia Voigt, a 19-year-old from Brazil, holds the distinction of being the world's youngest billionaire. Unlike many self-made billionaires, her impressive net worth is a result of a generational inheritance.
Here's a quick overview of her profile:
Aspect | Detail |
---|---|
Name | Livia Voigt |
Age | 19 years old |
Nationality | Brazilian |
Net Worth | Approximately US$1.1 billion |
Primary Role | University student |
Source of Wealth | Inherited minority stake in WEG |
Source of Wealth: An Inherited Fortune
Livia Voigt's billionaire status comes from her ownership stake in WEG, a prominent Brazilian electrical equipment company.
- Company Connection: WEG was co-founded by her late grandfather, Werner Ricardo Voigt.
- Nature of Stake: Her wealth is derived from a minority stake in this company, meaning her fortune is largely passive, accumulated through ownership rather than direct daily management or employment within the business.
- Industry: WEG is a key player in the electrical equipment industry, producing a wide range of products including electric motors, generators, transformers, and industrial coatings.
Current Activities
While being a billionaire might suggest a life immersed in business ventures, Livia Voigt's primary reported activity is her studies. She is currently still in university, focusing on her education. This indicates that at present, she is not actively managing her inherited assets or holding a specific job role that contributes to her "living" in the traditional sense of active income generation. Her wealth is a result of her family's legacy and her ownership position.