Kevin David Lehmann is the youngest billionaire in the world according to Forbes’ 35th Annual Billionaires List. He has a net worth of $3.3 billion.
Kevin David Lehmann was born in 2003 (age 18 years; as of 2021) in Karlsruhe, Germany. He became the youngest billionaire in the world after his father handed over the stakes of the German drugstore chain dm (Drogerie Markt) to him.
Kevin Lehmann’s father’s name is Guenther Lehmann. He owned his family grocery chain Pfannkuch in Karlsruhe, Germany. In 1974, Guenther invested in the ‘dm’ drugstore making him the owner of 50% stakes in the store.
- Kevin inherited this wealth from his father when his father gave him a 50% stake in the German drugstore chain. The annual revenue generated by the drugstore clocks in at about $12 billion.
- In 1973, Goetz Werner opened the first ‘dm’ drugstore in Karlsruhe, Germany. According to the official website, there are more than 3,000 stores across Germany that employ over 40,000 people.
- Kevin David and his father have maintained a low profile on the internet as there is not much information available about them on the internet.