Overview
- The 2025 Forbes billionaire rankings report a record 3,000+ billionaires worldwide, with combined wealth totaling $16.1 trillion.
- Germany ranks fourth globally with 171 billionaires, including 19-year-old Johannes von Baumbach, the youngest billionaire with a fortune of 5.4 billion euros.
- Von Baumbach's wealth comes from inherited stakes in Boehringer Ingelheim, a family-owned pharmaceutical company led by his uncle since 2015.
- The von Baumbach family is known for its privacy, with no public photos of Johannes or details about his role in the business.
- The report underscores the growing influence of inherited wealth, particularly in Germany, as calls for wealth taxes to address inequality persist.