Kevin David Lehmann : The Youngest Richest Person in the World

Who is Kevin David Lehmann?

The DROGERIE MARKET  heir Kevin David Lehmann is the youngest billionaire in the world.

Lifestyle Desk, Delhi – Magazie: The youngest billionaire in the world comes from Germany, as the current “Forbes” ranking has shown . This is the barely 18-year-old Kevin David Lehmann, whose fortune is estimated at 3.3 billion dollars (the equivalent of 2.8 billion euros). That makes him richer than Donald Trump, for example.

Media like “Business Insider” are now biting their teeth to be able to speak to the super-rich “Teenager from Germany” – but he, like his father, is keeping a low profile.

He couldn’t be further from his predecessor, who topped the list of the youngest billionaires last year: Social media star and entrepreneur Kylie Jenner, 23. In contrast to her, Lehmann is an invisible one: no social media profile, not even Forbes could find a picture of him.

Lehmann is one of “only a handful of billionaires” who were able to integrate into the ranks of the super-rich as a teenager, as “Forbes” reports. However, this should not come as a surprise to anyone: his father, Gunther Lehmann, had already transferred his shares in the drugstore brand Drogerie Market  to his son when he was 14 years old. Until he came of age, the assets were managed by a trustee – but Kevin David Lehmann celebrated his 18th birthday in September 2020.

Little is known about Lehmann or his father. Also in 2017 Günther Lehmann did not want to comment on the “Wirtschaftswoche” on the transfer of shares. Neither father nor son are actively involved in the company’s business, it is said.

In 1974 Gunther Lehmann had acquired 50 percent of the shares in the drugstore chain. At that time, founder Gotz Werner was just opening his second branch, but he still lacked the money to expand. Lehmann, who at the time was a partner in the Karlsruhe grocery chain Pfannkuch, got involved as a financier. In contrast to Lehmann’s son, Christoph Werner is involved in the company’s business. The 44-year-old is the other Drogerie Market  heir and a member of the management.

Kevin David Lehmann is 19 years old. But his life is probably not the same as that of other 19-year-olds. While many at this age have to cope with an apprenticeship salary or a part-time job after school, money problems are a foreign word for Lehmann. The Drogerie Market -Erbe has assets of 3.3 billion US dollars (2.8 billion euros) – and has now been named the youngest billionaire in the world by the business magazine ” Forbes “.

Youngest billionaire in the world

Lehmann has been a billionaire since he was 14. His father Günther Lehmann had given him his shares in the Karlsruhe drugstore chain in 2017. The assets were managed by a trustee until his 18th birthday. Kevin David Lehmann has been in control of wealth since his

His company has more than 2000 stores across the country and more than 41000 employees. Forbes has described Kevin as the richest youth on this earth. China’s Wang Zelong is at number two after Lehman. 24-year-old Wang Zelong has a net worth of $1.5 billion.

The US business magazine “Forbes” has been ranking the richest people in the world for decades. In 2021, the list will include $ 2,755 billionaires. Far from the top, where Amazon founder Jeff Bezos once again overtook Tesla mastermind Elon Musk in this year’s ranking , Kevin David Lehmann is also a young German on the list.

The 3.3 billion dollars on which “Forbes” estimates the assets of the heir of the drugstore chain Drogerie Market  put him in the middle of the field, at 925th. But that makes the 18-year-old the youngest billionaire in the world. And that is now attracting international attention to him and his family of entrepreneurs, who are considered secretive.

Kevin David lehmann

As the youngest super-rich, he replaced a world-famous influencer, Kylie Jenner.

At first glance, Kylie Jenner and Kevin David Lehmann don’t have much in common. One is a world star with 224 million Instagram followers, most of whom have never heard the name of the other. But there is one thing in common: Both are almost immeasurably rich, the 18-year-old German Lehmann is even so rich that he has now made it onto the “Forbes” list of billionaires as the youngest person in the world . The US magazine puts his fortune at 3.3 billion US dollars.

Lehmann is the heir to the drugstore chain Drogerie Market , in 2017 his father Günther transferred his shares to the then 14-year-old relatively unnoticed – he owns 50 percent of the drugstore chain. However, the assets were managed by a trustee until his 18th birthday on September 20, 2020. According to Forbes, Kevin David Lehmann is no longer involved in the operational business of Drogerie Market .

In second place among the youngest billionaires is the 24-year-old Chinese Wang Zelong, who has inherited a valuable share of 1.3 billion euros in an industrial company. Third and fourth place are shared by the Norwegian siblings Alexandra (24) and Katharina Andresen (25). Both own shares in the family firm Ferd, an investment firm, and are worth $ 1.4 billion each.

According to the report, his net worth is $ 3.3 billion – the equivalent of around 2.8 billion euros.

But how does Lehmann get all that money? Apparently his father Günther Lehmann transferred shares in the drugstore brand Drogerie Market  to his son . Already when he was 14 years old. In the meantime, however, the youngster is allowed to dispose of all shares.

Kylie Jenner, on the other hand, is considered a so-called “self-made” billionaire . So, the two young billionaires got their money in different ways.

 

Source of income/ How they become super rich

Almost nothing is known about the young billionaire – he is not active on social media, there is not even a photo. Public reluctance seems to be in the genes. The Lehmanns do not appear in public and, according to Stern, are not involved in the company’s business.

Drogerie Market -market

The drugstore chain Drogerie Market  is the largest and most successful in all of Germany. The empire based in Karlsruhe has been growing since 1973.

Drogerie Market – Drogerie Market is a German drugstore chain based in Karlsruhe and was founded in 1973 by Götz Werner. Today Drogerie Market  has around 3,700 branches and 62,000 employees. This made the chain the largest drugstore group in Europe in 2019. The managing director is Christoph Werner, the son of the founder Gotz Werner. Half of the company belongs to 18-year-old Kevin David Lehmann, who received the company shares from his father Gunther Lehmann.

                             Personal details of Kevin David Lehmann

Father name: Gunther Lehmann

Mother Name : Not known

Zodiac Sign: Virgo

Known for: youngest billionaire in the world

Date of Birth: 20 September, 2002.

Age: 19

Nationality: German

Marital status: Unmarried

Girlfriend Name: Not Known

Net worth: $ 3.3 billion

The is an another person with the same name. He is youtuber Kevin David Lehmann. But the yongest super rich Kevin David Lehmann and Youtuber Kevin David lehmann both are different person.

Delhi Magazine Team

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