Lilly Krug was born in Munich, Germany to actress Veronica Ferres and marketing manager Martin Krug. After her parents had divorced and her mother remarried, the entrepreneur Carsten Maschmeyer became her stepfather.
In 2019, Krug graduated from the Bavarian International School in Munich with the International Baccalaureate.
She is currently studying psychology and acting at the University of Southern California.
Krug, who currently resides in Los Angeles, followed her mother's footsteps and began working as an actress. She has been featured in movies alongside Michael Shannon, Casey Affleck and Gael García Bernal.

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