Have you heard about the youngest billionaire in the world? Kevin David Lehmann is a German heir who became the world’s youngest billionaire in 2021 at age 18, with a net worth of $3.3 billion at the time, according to Forbes. His fortune has since grown — Forbes listed him at approximately $4.4 billion as of late 2026.
There are many billionaires in the world that are taking over the internet, but most of them make their money later in life. When you look at the likes of Jeff Bezos and Elon Musk, they have been working on their passions for years – only when they became billionaires is when we come to know about them.
In this article, we take a closer look at how a privately held stake in a German drugstore chain made one young heir worth billions — and why almost nobody knew his name.
Kevin David Lehmann
Kevin David Lehmann is a German heir who built his billionaire status not through a startup or a career, but through an early inheritance. He holds a 50% ownership stake in dm-drogerie markt, one of Europe’s largest drugstore chains.
Headquartered in Karlsruhe, dm operates thousands of retail locations across Europe, selling healthcare products, cosmetics, household items and more.
Kevin David Lehmann Biography
Born on September 20, 2002, Kevin David Lehmann is a 24-year-old German heir. He keeps his personal life entirely private and has no known public social media presence.
| Full Name | Kevin David Lehmann |
| Date of Birth | September 20, 2002 |
| Current Age | 24 years old (as of 2026) |
| Nationality | German |
| Source of Wealth | Inheritance (50% stake in dm-drogerie markt) |
| Father | Guenther Lehmann |
| Forbes List Debut | 2021 (Age 18, valued at $3.3 Billion) |
| Current Net Worth | ~$4.4 Billion (Forbes, 2026) |
| Social Media Presence | None (No verified public accounts) |
dm-drogerie markt was founded in 1973 by Götz Werner, who opened the first shop in Karlsruhe. Guenther Lehmann invested in dm in 1974 and accumulated a 50% stake over time. In 2017, he transferred that stake to his son Kevin David. Neither Kevin David nor his father has been operationally involved in running the company, according to Forbes.
It was that 50% ownership stake that placed Kevin David Lehmann on the Forbes billionaires list in 2021 and made him, at the time, the youngest billionaire on the planet.
Kevin David Replaces Kylie Jenner As the Youngest Billionaire
At the time, Kylie Jenner had previously held the title of world’s youngest billionaire. Kevin David Lehmann displaced her when Forbes confirmed his billionaire status at age 18 in 2021. He no longer holds the youngest billionaire title as of 2026.
Why Do We Not Hear About Him?
Just like his father, Lehmann keeps a low profile. Despite owning a multi-billion dollar stake in one of Europe’s largest retail chains, he does not court media attention or flaunt his wealth publicly. He follows a tradition of quiet, private European wealth management rather than public celebrity.
He also has no verified social media presence. Any profiles that appear under his name on Instagram, TikTok or X are fan accounts. He has never maintained a public-facing online identity, which is exceptionally rare for someone of his age and net worth.
When Did Kevin David Lehmann Become A Billionaire?
According to Forbes, Kevin’s father transferred his stake in dm to him in 2017, when Kevin was approximately 14 years old.
Those shares were worth more than a billion dollars by the time he turned 18 in 2020, making him the youngest billionaire in the world at that point per Forbes. Since turning 18 in September 2020, he has directly owned all assets transferred from his father. His assets, primarily the 50% ownership stake in dm, have grown to approximately $4.4 billion as of late 2026, according to Forbes.
Kevin is reported to be an only child, with no siblings publicly known.
Kevin David Lehmann Net Worth
According to Forbes, Kevin David Lehmann had a net worth of $3.3 billion when he topped the youngest billionaires list in 2021 at age 18. As of late 2026, Forbes tracks his net worth at approximately $4.4 billion. Because his wealth is tied to privately held retail equity rather than publicly traded stock, the figure fluctuates with corporate and market valuations.
FAQs-
How did Kevin David Lehmann become a billionaire?
He inherited a 50% ownership stake in dm-drogerie markt, Germany’s leading drugstore chain, which was transferred to him by his father Guenther Lehmann in 2017.
When did he become the world’s youngest billionaire?
Forbes officially confirmed his billionaire status in 2021 at age 18. His father transferred the stake in 2017, but it was held in trust until Kevin turned 18 in September 2020.
Does Kevin David Lehmann use social media?
No. He has no verified public accounts on any platform. Any profiles appearing under his name are fan-created.
Does he run dm-drogerie markt?
No. Neither Kevin David nor his father Guenther has ever held an operational or executive role in the company. They are financial stakeholders only.
Is Kevin David Lehmann still the world’s youngest billionaire?
No. That record has since passed to younger heirs. His 2021 debut on the Forbes list at age 18 remains historically significant, but as of 2026 he is no longer the youngest billionaire in the world.
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