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Top 4 Youngest Billionaires In The World

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Top 4 Youngest Billionaires In The World,Startup Stories,Youngest Billionaires,World Youngest Billionaires,Top Youngest Billionaires 2020,Youngest Billionaires 2020,Kylie Jenner,Investment Company Ferd,Gustav Magnar Witzoe,Evan Spiegel

It is not easy to become  a billionaire overnight, as a lot of sweat, blood, tears and dedication go towards achieving this feat.  Becoming a billionaire can happen with inheriting assets/properties or building a product/service and painstakingly dedicate effort and time towards earning the first billion.

In this era of fast paced technology, startups are most often seen as one of the ways to earn the tag of a billionaire so much so that startups which are valued over a billion dollars are termed as Unicorns.

While some people become billionaires after a couple of decades, some of them were able to achieve this feat at quite a young age.  Let us take a look at four of the youngest billionaires in the world.

Kylie Jenner- Net Worth: 1 billion Dollars

Kylie Jenner holds the top position of the youngest billionaire in the world along with the distinction of being the youngest selfmade billionaire as well.  Kylie was not new to being in the limelight due to the reality show Keeping Up With The Kardashians which became wildly popular, following which Kylie Jenner launched a cosmetics company Kylie CosmeticsKylie Jenner also boasts 150 million followers on Instagram.  At the age of 22, Kylie Jenner holds the title of the world’s youngest billionaire.  Kylie Jenner currently has a net worth of 1 billion Dollars.

Investment Company Ferd scions- Alexandra and Katharina Andresen 

Ferd is an investment and holding firm located in Norway. Ferd operated in several business areas including  investing in private and public companies mutual funds,hedge funds (pool of money from investors) and real estate among many others.  After inheriting a 42.2% ownership stake from their father and Ferd founder, Johan H. Andresen Jr., Alexandra and Katharina Andresen became billionaires at the ages of 23 and 24 respectively.  Alexandra and Katharina Andresen have a net worth of 1.4 billion Dollars each.

Gustav Magnar Witzoe

Gustav Magnar Witzoe is a significant shareholder in Salmar ASA, a Salmon fish farming company. Salmar ASA is one of the world’s largest producers of farmed Salmon.  After inheriting a stake in Salmar ASA, Gustav Magnar Witzoe became a billionaire at the age of 25.  Gustav Magnar Witzoe hails from Norway and has a net worth of 3.2 billion Dollars.

Evan Spiegel

Evan Spiegel is the founder and owner of one of the most popular social networking app Snapchat. Snapchat employs the use of pictures that ‘vanish’ or ‘disappear’ upon viewing by an individual.  A self made billionaire, Evan Spiegel was crowned as the world’s youngest billionaire in 2015. Evan Spiegel now sits at the fourth position and is 29 years old.  Evan Spiegel has a net worth of 3.4 billion Dollars.

It is truly an incredible achievement to become a billionaire at such a young age.  One can only wait and watch what these young people go on to achieve and how they would influence the world in the future.

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Tesla Secures Mumbai Facility as Key Step in India Market Entry

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Tesla has ramped up its India expansion by leasing a 24,565 sq ft warehouse at Lodha Logistics Park in Mumbai’s Kurla West. The five-year lease, registered on May 16, 2025, involves a total rent of over ₹24 crore, starting at ₹37.53 lakh per month with a 5% annual escalation. The facility includes two ground-floor units and 20 parking spots, with rent payments commencing June 1, 2025.

This warehouse will function as a key service center and garage for Tesla’s India operations, excluding bodywork and spray painting. The move supports Tesla’s preparations for its official market debut, expected in late 2025 or early 2026.

Tesla’s India rollout includes offices in Pune, flagship showrooms in Mumbai’s Bandra Kurla Complex (BKC) and Delhi-NCR, and co-working spaces in Mumbai. The new warehouse lease highlights Tesla’s commitment to building a robust infrastructure for sales, service, and delivery of electric vehicles and energy products across India.

While manufacturing plans are not yet confirmed, Tesla is reportedly exploring sites in Maharashtra for a potential assembly unit. The Mumbai warehouse lease marks a significant step in Tesla’s strategy to establish a strong presence in one of the world’s fastest-growing EV markets.

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Razorpay Partners with MeitY Startup Hub to Accelerate Deeptech Innovation in Tier II and III Cities

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Razorpay

MeitY Startup Hub (MSH), under the Ministry of Electronics and Information Technology, has partnered with fintech leader Razorpay to support the growth of deeptech and emerging tech startups across India, with a special focus on those in Tier II and III cities. Through this collaboration, early-stage startups will gain access to Razorpay’s fintech infrastructure, mentorship, and resources via the Razorpay Rize program.

Startups in areas like AI, blockchain, robotics, and IoT will benefit from streamlined company incorporation support, expert mentorship, product credits, and guidance for applying to global accelerators such as Y Combinator. Selected founders will also join the exclusive Rize Community, connecting with peer networks and attending masterclasses.

MSH CEO Panneerselvam Madanagopal emphasized that this partnership will help founders scale faster by providing vital support in mentorship, capital access, and digital infrastructure. As India’s startup ecosystem surpasses 159,000 DPIIT-recognised startups, this initiative aims to give deeptech entrepreneurs the tools and networks needed to innovate for India and expand globally.

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PixelSky Capital Unveils INR 400 Crore Secondaries Fund

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Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.

 

The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.

 

Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio

 

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