World’s youngest billionaire? 9-year-old boy owns mansions, travels in private jet (2024)

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World’s youngest billionaire? 9-year-old boy owns mansions, travels in private jet? ›

A nine-year-old African kid is reportedly the world's youngest billionaire, who travels around the world in his private jet and has several mansions to his name. Mompha Junior from Lagos, Nigeria became the owner of his first mansion at the age of just six. He has an entire fleet of supercars.

The wealthiest, and youngest, among the list is Clemente Del Vecchio, one of the six children of Leonardo Del Vecchio, the chairman of EssilorLuxottica who died in 2022. Clemente is just 19 but has a net worth of $4.1 billion.

9 year old Mompha Junior, nicknamed the world's 'youngest billionaire' already has a mansion and an array of glamorous sports cars which have been by his Nigerian internet celebrity father. Mompha Junior owned his first mansion aged six, and travels around the world by private jet.

Clemente Del Vecchio

Delfin also owns shares in other large companies, including multiple banks. Clemente was at one time the world's youngest billionaire (at the age of 18), but he has since aged out of that title, which is now held by Livia Voigt.

Estimates by the CEO of a Lagos Bureau De Change put Mompha's reported net worth at just under $15 million. When converted into Nigeria Naira, that does make Mompha Junior a billioniare, however.

Estimated Net Worth in 2024: £3.9 billion

Eight-year-old Charlotte is the wealthiest royal grandchild and the richest child in the world, with an estimated net worth of £3.9 billion ($5 billion).

Livia Voigt

Including Del Vecchio and Voigt, Forbes determined there to be 25 billionaires on the 2024 list ages 33 or younger, with a combined net worth of $110 billion.

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This is the life of Mompha Junior, the world's youngest billionaire. All of nine, the kid is a real-life Richie Rich owned his first mansion at age six.

Mompha Junior from Lagos, Nigeria became the owner of his first mansion at the age of just six. He has an entire fleet of supercars. However, he is too young to drive them and he is not tall enough to reach the pedals of cars. The real name of Mompha junior is Muhammed Awal Mustapha.

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Some facts about the youngest billionaire: Clemente Del Vecchio became a billionaire at the age of 18. He has inherited a 12.5% stake in his father's holding company, Delfin, based in Luxembourg.