The youngest billionaire in Asia is just 25 years old, according to Forbes’ World’s Billionaires List 2022
Forbes’ 2022 list of the World’s Billionaires has just been released. This year, 12 people under the age of 30 have made the list.
In Asia, 25-year-old Wang Zelong retains his spot from last year as the youngest billionaire across the continent, with an estimated net worth of US$1.5 billion.
Two female self-made billionaires, Lu Yiwen and Miranda Qu, made the list this year. The former is the youngest female billionaire in Asia and the fourth-youngest female billionaire in the world. The latter is the tenth richest female billionaire in Asia.
The top spot worldwide goes to 19-year-old German heir Kevin David Lehmann, whose net worth is estimated to be US$2.4 billion. He is the only teen on the list.
Read on to find out more about the young Asian scions and entrepreneurs who made the list.
Don’t miss: Hong Kong’s Richest 2022: 10 Billionaires Who Topped the Forbes List
1. Wang Zelong
For the second year in a row, 25-year-old Wang Zelong, who is based in China, is the youngest billionaire in Asia. This year, he is listed as the fourth-youngest billionaire in the world.
His fortunes are from stakes in Chinese chemical companies CNNC Hua Yuan Titanium Dioxide and Lomon Billions group. His net worth, estimated to be US$1.5 billion, remains the same as last year.
Age: 25
Location: China
Net worth: US$1.5 billion
Industry: Chemicals
2. Jonathan Kwok
Hong Kong’s Jonathan Kwok is the second-youngest billionaire in Asia, with an estimated net worth of US$2.2 billion.
Kwok is the younger son of late property tycoon Walter Kwok. He and his elder brother Geoffrey Kwok (see below) took over property development firm Empire Group Holdings after the death of their father in 2018.
The brothers also inherited their father’s shares in Sun Hung Kai Properties, the largest property developer in Hong Kong.
Age: 30
Location: Hong Kong
Net worth: US$2.2 billion
Industry: Real estate
