Youngest billionaire Clemente Del Vecchio leads Forbes' elite list; here's who else is on the list
Forbes' annual billionaire list always draws attention, and this year, the spotlight is on 19-year-old Clemente Del Vecchio, the youngest billionaire on the prestigious list. Clemente inherited a substantial fortune from his father, the late Italian billionaire Leonardo Del Vecchio, former chairman of EssilorLuxottica, the world's leading eyeglasses firm.
With a net worth of $4 billion, Clemente holds a 12.5% stake in his father's holding company, Delfin, making him the youngest billionaire worldwide.
Clemente, despite his vast wealth, prioritizes education and personal interests, expressing a passion for science and technology. He owns luxury properties in Italy but maintains a low profile, steering clear of direct involvement in his father's businesses.
The Del Vecchio family's story of wealth doesn't end with Clemente.
His oldest brother, Claudio, made significant acquisitions for Luxottica in the US, while Leonardo Maria, another brother, actively engages in the family's eyeglasses business. Interestingly, the family's lineage includes humble beginnings, with Clemente's grandfather working as a vegetable peddler in Milan.
Billionaires often fall into two categories: those who inherit wealth and those who build it from the ground up.
However, the youngest billionaires exemplify determination and opportunity. They aren't just amassing fortunes; they're shaping the future through entrepreneurship and innovation, reminding us that dreams can indeed become reality with passion and persistence.
Forbes' Top 10 youngest billionaires
Forbes' top ten youngest billionaires, with Clemente leading the pack, present an intriguing mix of backgrounds and industries.
