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This is how the 5 youngest billionaires in the world spend their money

Gustav Magner Witzoe is one of the youngest billionaires in the world.

James Devaney / Getty Images

For most people in their twenties, life is a constant balancing act. They have to take care of their studies or training and find ways to be financially independent. Nevertheless, the fun should not be neglected.

That doesn’t apply to Kylie Jenner and the rest of the world’s super-young, super-rich elite. In November, Kylie Jenner sold shares of her cosmetics company to beauty company Coty Inc. for $ 600 million. The deal valued Kylie Cosmetics at $ 1.2 billion. On Friday, however, the US magazine “Forbes” published a report, which shows that the value of Jenner’s cosmetic brand would apparently only be $ 900 million. “Forbes” also accuses the young entrepreneur of glossing over and exaggerating the value of her company. Jenner denies that she never lied to get a title and called Forbes’ claims “a series of incorrect statements and unproven assumptions”. Since it has not yet been proven with certainty whether Jenner is a billionaire or not, we have not yet excluded her from the following picture gallery.

From fast Ferraris to international dressage tournaments – we have a look at the lives of the five youngest billionaires in the world. They are all under 30 years old. See how they spend their time and spend their seemingly unlimited money here.

This is how the 5 youngest billionaires in the world spend their money

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