Youngest Billionaire of Germany

“Money makes the world go around.” Money has become a most powerful asset in today’s world that controls almost everything like markets, economies, status, global ranking, development rate, etc. In short, money is not the same as how it started, i.e., a medium of exchange. But today, money has evolved into such a significant factor capable of controlling almost everything.

Talking of money, according to the Forbes’ billionaire ranking 2021, the son of the owner of the largest drugstore chain operating in Germany, Kevin David Lehmann, is the new youngest billionaire. He is just 18 years old.

He attained this fortune as his father, owner of the drug chain market Drogerie Markt, transferred 50% of the stake to him when he was 14 years old, but it was under a trusteeship till he got 18.

Forbes annually declares the youngest billionaires on its list. Some of the most consistent rank holders are Wang Zelong, China, Norway sisters, etc. they have responsibilities of running international and even multinational companies on their shoulders.

Drogerie Markt, usually abbreviated as dm, is a chain of retail drugstores centered in Karlsruhe, Germany. Its founder Götz Werner is a very hardworking and gentle person. His concerning behavior towards his employees is always appreciated. The company has expanded worldwide, having a large number of international stores and partner shipping companies.

It is known that Kevin and his father Guenther are not active in the company. That’s why very little is known about them.

Former, this billionaire title was held by a reality TV star Kylie Jenner 23 years old. But unfortunately, she has fallen from the list now.

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