Lívia Voigt de Assis

Lívia Voigt de Assis, one of the world's youngest billionaires, is one of the largest individual shareholders of WEG, the largest manufacturer of electrical motors in Latin America.

At twenty years old, she is the world's second-youngest billionaire, behind nineteen-year-old German pharmaceuticals heir Johannes von Baumbach.

WEG was cofounded by her grandfather Werner Ricardo Voigt along with late billionaires Eggon Joao da Silva and Geraldo Werninghaus.

A publicly-traded multinational with factories in over ten countries, WEG has annual revenue of approximately $7 billion.

Lívia does not hold a board seat or any executive position at WEG; she is currently attending university.