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Top 10 Youngest Female Billionaires

May 3, 2020

In the United States today there are 2,095 billionaires,  and we are happy that many female billionaires make that list; but Who are they and  how did they obtain their female billionaire status? Well, today you will find out the top 10 youngest female billionaires and how they acquired their wealth. In today’s decade, it has been a lot easier to become an entrepreneur than ever! There are so many resources and ways to make money. Through providing products and services, one can become a millionaire or even billionaire. You add value to the economy when you start creating jobs and solving other people’s problems. Wealth has no mistakes.

Below are the top 10 youngest female billionaires in the United States

Kylie Jenner

Age: 22

Net Worth: $1 billion

Source of Wealth: Cosmetics

As we all know Ms. Jenner was born out of the Jenner/ Kardashian clan which helped obtain her female billionaire status. Whether or not she is “Self-Made” she accumulated assets worth 1 billion dollars. Billion. She gained her wealth by starting Kylie Cosmetics. She transformed the rhetoric she received from having paper thin lips into a million dollar company. She sold the sensation that using  Kylie Lip Kit can help plump your lips. At 17 years old, she launched Kylie Cosmetics. In 2015, Kylie sold her Lip Kits for $29.00 each.  Within 18  months, her company made $420 million in sales. When she launched her business she did not use any investors, she owned 100% of her stake. In 2019, Kylie sold 51% of her company  to Coty Inc. Today, she is still making marvelous strides in our economy. You go Kylie!

Alexandra Andresen

Age: 23

Net Worth: $1.2 billion

Source of Wealth: Investments

It’s hard to imagine becoming a billionaire as a teenager, but that was the reality for a Norwegian heiress who inherited a fortune that’s currently estimated at $1.4 billion, well before her 20th birthday. In 2007 her father, Johan Andresen, transferred 42% of the stock in Ferd to his daughters.  Alexandra first appeared on Forbes’ billionaires list in 2016, when she was just 19. Forbes declared her “the youngest billionaire in the world” at the time, until  reality beauty mogul  Kylie Jenner has now taken the place of youngest billionaire.  While empowering the economy with her female billionaire status, Alexandra competes as an equestrian.

Katharina Andresen

Age: 25

Net Worth: $1.3 billion

Source of Wealth: Investments  

Big sister to Alexandra, she is a female billionaire who stated that her father taught her and her sister not to flaunt their wealth, but to make a difference with it.  In 2014, Katharina enrolled at Amsterdam University College where she is a freshman studying social science.In 2018, Katharina was interning at EY in the accounting department. The Andresen family fortune dates back to 1849, when the sisters’ great-great-great grandfather Johan Henrik Andresen bought a tobacco factory and grew it into the top cigarette manufacturer in Norway, according to the company’s website. In 2005, however, the family sold its share of the cigarette company for almost $500 million, eliminating tobacco from the Ferd portfolio. By then, Ferd had expanded to other ventures like real estate.

 

Elisabeth Furtwaengler

Age: 28

Net Worth: $1.3 billion

Source of Wealth: Media & Entertainment

Elisabeth Furtwaengler, daughter of publishing magnate Hubert Burda and doctor and actress Maria Furtwaengler is another female billionaire worh mentioniong. Elisabeth owns 25% of Burda Media Group The company is valued at $2.66 billion dollars. Burda Media Group owns shares in some of the biggest magazines and products; including Focus, Bunte, and the German editions of Elle and Harper’s Bazaar. Talk about Wealth. Elisabeth studied at a music conservatory in California then went on to study art history at Cambridge University. Beauty and Brains.

Lisa DraexlMaier

Age: 29

Net Worth: $1 billion

Source of Wealth: Automotive Parts

Lisa and her father, Fritz Draexlmaier, own auto parts. Holding GmbH, of which Lisa is sole owner. In 1958, the DRÄXLMAIER company was created  in Germany. The first order of DRÄXLMAIER parts  was 50,000 cable sets that were used for automobiles. In 1960 DRÄXLMAIER installed the first lines for the high-frequency welding of door panels. Six Years later it goes on to installing auto parts for BMW.  In 2019 the company’s revenue was 4.6 billion dollars. With Lisa DraexlMaier being born into that empire her net worth sits at an outstanding 1.2 billion dollars.

Today the company customers are Audi, BMW, Cadillac, Land Rover, Maserati, Mercedes-Benz, Porsche and Tesla. Lisa´s grandmother,  co founded the Draexlmaier empire group.

Eva Maria Braun

Age: 33

Net Worth: $1.3 billion

Source of Wealth: Medical technology

Eva Maria is one of eight lucky children of Ludwig Georg Braun, who are all in line to get a slice of the gigantic pie. B. Braun Melsungen AG,  is a A German based medical and pharmaceutical company with facilities in over 50 countries. Eva  owns 12% stake in the company, which currently amounts to a net worth of $1.3 billion. The company has 4 divisions: Hospital Care, Aesculap, OPM, and Avitum. The company currently has 63,000 employees globally.

The Company’s 2018 revenue was reported to be $6.9 billion. With  Eva Maria 12% stake in her family’s fortune she receives $828 million per year. Not bad for an annual salary.

 

Agnete Kirk Thinggard

Age: 36

Net Worth: $6.2 billion

Source of Wealth: Lego & Manufacturing

 

A fourth-generation owner of Lego, Agnete Kirk Thinggaard is a female billionaire splits ownership of the toy company her great-grandfather built. She owns 75% of the company. Kjeld Kirk Kristiansen, her father, is the former president and CEO of The Lego Group. According to Forbes, Kristiansen is the third richest Dane, with a net worth of $4.7 billion as of February 2020.[ He is the grandson of Lego founder Ole Kirk Christiansen.

Angnete stays involved in her family’s business. She currently is a member of the board of the Lego Foundation. Aside from her business ventures, Agnete is an  equestrian. In 2016, she competed at the 2016 Summer Olympics representing Denmark where she finished 26th in the individual and 6th in the team competition.

Caroline Hagen Kjos

Age: 36

Net Worth: $2.3 billion

Source of Wealth: Diversified

Daughter of Norwegian  billionaire Stein Erik Hagen,  her father founded discount supermarket Rimi with his father in the 1970s. It merged with Sweden’s ICA group in 1998 and later with Dutch retailer Ahold; Hagen is a female billionaire, who eventually sold his stake, forming Canica AS with the proceeds. In 2016 she was elected to the board of members.

She obtained a Bachelor of Business Administration from Parsons The New School for Design in New York. Ms. Hagen Kjos, currently works as Project Manager in Canica International AG, Switzerland, where she shares responsibility for investments and strategy with the Managing Director. She has previously been employed as Project Manager in marketing and purchasing in Jernia Gruppen. Talk about beauty, brains, and making a difference!

 

Lynsi Snyder

Age: 37

Net Worth: $3.6 billion

Source of Wealth: Food & Beverage

Lynsi, a female billionaire, and the owner and heiress of the In-N-Out Burger company. She is the only child of Lynda and Harry Guy Snyder and the only grandchild of Harry and Esther Snyder, who founded In-N-Out in 1948. As the sole beneficiary of family trusts, she is currently In-N-Out’s majority owner and ultimately received control of the company’s stock in its entirety on her 35th birthday, becoming the sole owner. She’s not all about the business and  burgers, Lynsi funds Healing Hearts & Nations (HHN), a non-profit corporation that provides counseling to the underprivileged in Africa and India. She is also actively involved with the In-N-Out Burger Foundation, which supports abused and neglected children.It’s a fast food chain, but it has created many jobs.  Way to go Lynsi!!!!

 

Yang Huiyan

Age: 38

Net Worth: $24.4 billion

Source of Wealth: Real Estate

Yang is a female billionaire, who inherited her father’s stake in the company in 2005, after her older brother died. She was 23 and two years out of Ohio State University, where she earned a degree in Marketing and Logistics. Her father hired her as his personal assistant, where she worked on development strategies, investment planning, and project planning. Yang became China’s richest woman at age 25, after Country Garden raised $1.65 billion in a Hong Kong initial public offering in April 2007. The share sale attracted several billionaire investors, including Lee Shau Kee, Cheng Yu-Tung and Robert Kuok.

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