4 Richest Gen Zers and How They Grew Their Wealth

Rawpixel / iStock.com

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.

20 Years
Helping You Live Richer

Reviewed
by Experts

Trusted by
Millions of Readers

Just because you’re young, doesn’t mean you can’t be rich. But the stark reality is the richest young people in the world mostly inherited their wealth.

According to the latest billionaires list from Forbes, no one under the age of 30 is self-made. This means all of the richest Gen Zers have inherited their wealth from wealthy parents.

Still, you can study both younger generations and their parents to find out how they built their wealth. They say “success leaves clues” — so why not learn from the most successful people in the world.

Here’s a list of how the wealthiest Gen Zers each built over a $1 billion net worth:

Clemente Del Vecchio

• Net Worth: $4,700,000,000.00
• Age: 19
• Country: Italy
• Source of Wealth: Eyeglasses, Fashion & Retail

Clemente Del Vecchio is one of the heirs of Ray-Ban (a company of EssilorLuxottica) and received a stake in the company after the 2022 death of Leonardo Del Vecchio. Leonardo Del Vecchio was an Italian businessman who founded Luxottica, the largest producer and retailer of glasses and frames in the world.

Vecchio started out selling parts for assembling eyeglass frames in 1967, and 1971 exclusively focused on selling fully assembled eyeglass frames, according to The Guardian. The business grew until Vecchio had amassed a fortune of over $24 billion at the time of his death in 2022. Clemente is an heir to that vast fortune, inheriting a $4.7 billion stake as the youngest of six siblings. 

Zahan Mistry

• Net Worth: $4,900,000,000.00
• Age: 25
• Country: Ireland
• Source of Wealth: Diversified

Zahan Mistry is the heir of businessman Cyrus Mistry, who lived in Ireland but was part of the Indian business conglomerate Tata Group. Cyrus Mistry was the son of Indian construction billionaire Pallonji Mistry.

Both Cyrus and his father Pallonji owned substantial shares in Tata Group worth over $20 billion each, and the inheritance passed down to their heirs upon both of their deaths in 2022. Zahan Mistry received his stake in the Tata Group (worth almost $5 billion) as an inheritance.

Kevin David Lehmann

• Net Worth: $3,300,000,000.00
• Age: 21
• Country: Germany
• Source of Wealth: Drugstores, Fashion & Retail

Kevin David Lehmann became a billionaire at the young age of 14. His father gifted him a 50% stake in Germany’s leading drugstore brand, dm-drogerie markt. Now, at age 21, Lehmann is worth over $3 billion but is not operationally involved in the drugstore business. The Lehmann’s keep a low profile, and there is very limited information available about either family member.

The vast fortune was built by Kevin’s grandfather, Gerhard Lehmann, who acquired a 50% stake in the Pfannkuch Group all the way back in 1933. This investment paid off, and he eventually received 50% of the ownership shares of dm, which grew to the massive drugstore company that is worth billions today.

Remi Dassault

• Net Worth: $2,500,000,000.00
• Age: 22
• Country: France
• Source of Wealth: Inherited, Diversified

Remi Dassault inherited his wealth back in 2021 when his father died in a helicopter crash (at just 69 years of age). The family fortune was actually built when his grandfather invented an airplane propeller for French airplanes that was used in World War I. His grandfather them started Dassault Aviation, which became a prominent aerospace company in France.

Remi Dassault now owns a stake in both software company Dassault Systèmes and Dassault Aviation, now worth about $2.5 billion.

Share This Article: