Who is Kevin David Lehmann? Interesting facts about the world's youngest billionaire

Who is Kevin David Lehmann? Interesting facts about the world's youngest billionaire

The world has many billionaires. Some are self-made, others divorced their billionaire husbands to become billionaires, and many inherited their fortunes. Kevin David Lehmann is a billionaire who inherited his wealth. As of 2022, he is the youngest known billionaire on the planet and has held the position for a second consecutive year.

New feature: Check out news exactly for YOU ➡️ find “Recommended for you” block and enjoy!

Kevin David Lehmann
Kevin David Lehmann. Photo: @AlwinTechnology on Twitter (modified by author)
Source: Instagram

Kevin David Lehmann is a German investor. He is best known as the son of German billionaire Guenther Lehmann, who made his fortune by investing in a drugstore. He first hit the headlines in 2021 when he turned 18 after Forbes listed him as the youngest billionaire worldwide.

Before then, nobody knew much about him. Furthermore, despite his father being a billionaire and owning shares in one of the largest drugstores globally, nothing much about him was available to the public.

Read also

Who is Imani Ayew: Everything you need to know about Abedi Pele's only daughter

Kevin David Lehmann’s profile summary

Full nameKevin David Lehmann
Date of birthSeptember 2002
Age19 (as of 2022)
Place of birthGermany
Current residenceKarlsruhe, Germany
Hair colourBrown
Eye colourBrown
Father Günther
Relationship statusSingle
Net worth$3.3 billion

PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app!

What are some interesting facts about Kevin David Lehmann?

What is Kevin David Lehmann’s age? He is 19 years as of 2022. The celebrity kid was born on September 2002. Here are some more interesting facts about him.

1. He is the youngest billionaire worldwide

What does Kevin David Lehmann do for a living? He owns 50% of Germany's leading drugstore chain. When he inherited his father’s stock in 2017 (he was 15), the celebrity kid was one of the youngest billionaires on earth. However, not many knew about him since he had not attained the legal age to own a business.

Read also

Who is Don Lemon's first wife? The woman behind his first "I Do"

When he turned 18 in 2020, some information about him sufficed online. In 2021, Forbes officially listed him as the youngest billionaire in the world, with an estimated net worth of $3.3 billion.

2. Kevin's father invested in dm-drogerie in 1973

Dm-drogerie is the company that has contributed to Kevin David Lehmann’s net worth of $3.3 billion. His father, Guenther, took a stake in the company in 1973 and acquired 50% of the company’s shares because the founder lacked capital. The drugstore only had two branches at that time. Guenther never sold his stake and turned him into a billionaire.

What does Kevin David Lehmann do for DM? He is only a shareholder at dm. He is not involved in the day-to-day operations of the company. Similarly, his father has never been operationally involved in the business. However, his wise investment in 1973 is what made him a billionaire.

Read also

Chris Paul's net worth 2021: salary, endorsements and lifestyle

3. He is the only son in his family

Kevin, one of the world's youngest billionaires, is the only child in his family. Thus, he does not have siblings and will enjoy his wealth. He does not have anyone to share the wealth with.

4. His father owned one of Germany’s leading food stores

Before taking 50% ownership of DM in 1973, Kevin David Lehmann’s father, Günther, headed the family business Pfannkuch. Pfannkuch was a group of companies focused on the food and retail sector. Its subsidiary was Pfannkuch GmbH & Co. supermarket KG which had over 200 branches in Karlsruhe, Germany.

Günther owned the company through his father. His father, Gerhard Lehmann, joined the company’s management in 1933 and acquired 50% of its shares. Then, in 1960, Günther took over and had the majority of shares in the company. Finally, in 1997, he sold the company to EDKA Group, later known as Spar Handelsgesellschaft.

Read also

David Gandy: 10 facts about the world's most recognisable male model

Kevin David Lehmann is one of the youngest billionaires on earth. He is 19 years old as of 2022 and has an estimated net worth of $3.3 billion. The personality became a wealthy individual in 2021 when his father transferred ownership of his 50% stake in a German company called dm (Germany’s leading drugstore chain with annual revenues of $12 billion) to him.

Yen.com.gh shared an interesting article about Captain Smart. The personality has made a name for himself in the media industry.

Captain's confidence, deep voice, and verbal prowess are admirable to many. He joined Adom FM in the year 2013 as a morning show host. What is he up to today after calling it quits?

Subscribe to watch new videos

New feature: Check out news exactly for YOU ➡️ find "Recommended for you" block and enjoy!

Source: YEN.com.gh

Online view pixel