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He is the youngest billionaire in the country – and comes from Baden-Württemberg

The gift Kevin David Lehmann received for his 18th birthday is hard to beat. The son of the entrepreneur Günther Lehmann, who helped the drugstore chain dm to its current success and grandson of Gerhard Lehmann, who owned the Karlsruhe grocery chain Pfannkuch group, became a billionaire when he came of age in 2020 – and the youngest in the world.

In the meantime, the now 22-year-old is “only” in fourth place worldwide behind the 20-year-old Italian Clemente del Vecchio, the Brazilian Linda Voigt and the South Korean Kim Jung-youn. In Germany, Lehmann is still the youngest billionaire, ahead of the optician heiress Sophie-Luise Fielmann.

Lehmann replaced Kyle Jenner

His father’s shares in the drugstore company were transferred to Lehmann when he was just 14 years old; However, these were still managed by a trustee until he came of age.

By Lehmann’s 18th birthday, social media star Kyle Jenner had topped the Forbes list of youngest billionaires. In contrast to her, Lehmann – like his father – stays very much out of the public eye.

Alleged photos are based on mix-ups

Not even Forbes has a picture of the young billionaire. The only supposed photos that exist of him are based on confusion: In some media reports Lehmann is shown with a photo. However, the man in the photo is not Lehmann, but rather the American Austin Russell, who became the world’s youngest self-made billionaire in 2020 at the age of 25.

That one in the photo is not Kevin David Lehmann. The report by the Swiss news portal 20 Minutes incorrectly uses a photo of US billionaire Austin Russell. Recognizable by the image source “Luminar” – that’s the name of Russell’s technology company. (Photo: Screenshot/20 minutes)

What Kevin David Lehmann really looks like is probably only known to those close to him. Like his father, he is not involved in the operational business of dm. His father Günther Lehmann joined the drugstore as a sponsor in 1974, when its founder Götz Werner was just opening the second branch and there was no money for further expansion. At that time, Lehmann acquired 50 percent of the drugstore chain’s shares.

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