Related: How Advisors Land Young, Wealthy Clients: Advisors’ Advice
Over the past decade, a growing number of young people have popped up on Forbes’ billionaire list. ThinkAdvisor sorted through Forbes’ Real-Time Billionaires ranking to find the youngest ones.
The wealth-tracking platform provides ongoing updates of the net worth and ranking of each individual that researchers confirm is a billionaire. The value of each person’s public holdings are updated every five minutes when stock markets are open.
The net worth of those whose fortunes are significantly tied to private companies are updated once a day.
If an individual owns a stake in a private company that accounts for 20% or more of his or her net worth, the company’s value is adjusted according to an industry- or region-specific market index provided by FactSet Research Systems when available.
See the gallery for the 17 youngest billionaires in the world.
— Related on ThinkAdvisor:
- Democrats’ Billionaire Tax Plan Puts About 700 People in Sights
- Wealthy Investors Seek Purpose-Driven Investments After Pandemic
- Wealthy Americans Reveal How They’ve Picked Advisors, Investments in the Pandemic
(Photo: Adobe Stock)