5 April 2024 – At the tender age of 19, a psychology student from Brazil has shaken the world by becoming the youngest billionaire on Forbes’ esteemed list. Despite her youth, Livia Voigt de Assis has amassed a jaw-dropping net worth of $1.1 billion, catapulting her into the spotlight of global wealth.
Livia’s journey to billionaire status is intertwined with her family’s legacy and the success of WEG, a company founded by her grandfather in 1961. Specializing in the production and trade of various capital goods, including electric motors and transformers, WEG has propelled Livia and her sister Dora Voigt de Assis into the ranks of the world’s wealthiest individuals.
Forbes’ list of the 25 youngest billionaires features Livia and Dora among seven newcomers, representing a new generation of heirs and entrepreneurs. Their inclusion highlights the enduring influence of family wealth and business acumen in today’s economic landscape.
Remarkably, Livia’s ascent to billionaire status surpasses that of Clemente Del Vecchio of Italy, who is just two months older and worth $4 billion. While Clemente inherited his wealth from his late father’s eyeglasses empire, Livia’s success is rooted in her family’s industrial legacy.
Despite her newfound wealth, Livia remains committed to her academic pursuits, currently studying Psychology at a university in Brazil. Her remarkable achievement serves as a testament to the potential for entrepreneurial success and generational wealth transfer, even at a remarkably young age.
