Livia Voigt, at the youthful age of nineteen, holds the distinction of being the world's youngest billionaire, succeeding Clement Del Vecchio of EssilorLuxottica by a mere two months.
Her wealth stems from her significant stake in WEG, Latin America's leading electrical motor manufacturer. WEG, a multinational corporation with operations spanning over ten countries, was established by her grandfather, Werner Ricardo Voigt, alongside the late billionaires Eggon Joao da Silva and Geraldo Werninghaus.
Despite her immense wealth and familial ties to the company, Livia maintains a low profile within WEG's ranks. Instead, she is currently pursuing her education at university, opting not to hold any formal executive or board positions within the company. Nevertheless, her influence as a major shareholder underscores her significance in the company's trajectory.
With revenues exceeding $6 billion USD in 2022, WEG's prominence in the electrical motor industry is undeniable, a testament to the vision and entrepreneurial spirit of its founders. As Livia continues to navigate her path through academia and the business world, her role within WEG and her impact on the global business landscape are sure to be closely watched.
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