L ívia Voigt de Assis gained international attention as one of the world's youngest billionaires. Her immense wealth stems from an inherited minority stake in WEG S.A., a Brazilian multinational corporation and a global leader in the manufacturing of electric motors and other industrial equipment. She is the youngest granddaughter of Werner Ricardo Voigt, a German-Brazilian electrician who co-founded WEG in 1961 alongside Eggon João da Silva and Geraldo Werninghaus.

Under the leadership of its founders and their successors, WEG grew from a small workshop in southern Brazil into a global powerhouse, producing everything from tiny electric motors to massive industrial generators, transformers, and automation systems. Lívia, who is a university student and not involved in the company's day-to-day operations, owes her fortune to the foresight and hard work of her grandfather. Her status as a teenage billionaire, alongside her older sister Dora, highlights the multi-generational wealth created by the enduring success of the publicly traded industrial giant.