Mar 13 β€’ 14:01 UTC πŸ‡©πŸ‡ͺ Germany FAZ

Forbes Billionaires Ranking: One Billion at 20 Years Old

20-year-old Amelie Voigt Trejes has been named the youngest billionaire on Forbes' latest list, primarily due to inheritance.

The latest Forbes billionaires list features one young individual who has become the youngest billionaire at the age of 20. Amelie Voigt Trejes, with a net worth of approximately $1.1 billion, has not earned this wealth through personal effort but has instead inherited it. This situation highlights the contrast between those who accumulate wealth through hard work and those who receive substantial inheritances, a common theme among young billionaires.

Amelie has a notable background, being the granddaughter of Werner Ricardo Voigt, who co-founded the electric motor manufacturer WEG in southern Brazil in 1961. Under his leadership, WEG has grown to be one of the leading electric motor manufacturers today. Amelie's significant shareholding in the company is complemented by her twin brothers, Pedro and Felipe, who are also financially benefitted from their grandfather’s success, although none of the siblings hold a position within the company.

This emergence of young billionaires raises questions about wealth distribution and the role of inheritance in maintaining economic inequality. While figures like Amelie signify the rapid accumulation of wealth, they also evoke discussions on the meritocracy of wealth generation and whether it reflects genuine entrepreneurial spirit or the advantages of familial wealth.

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