According to Forbes, Lucy Guo, founder and co-founder of Scale AI, surpasses Taylor Swift as the world’s youngest self-made billionaire.
Forbes have revealed the world’s youngest self-made woman billionaire in the world as American entrepreneur and tech founder, Lucy Guo, 30. Her current net worth is $1.3billion (£958million).
The publication released their 10th Anniversary list of America’s Richest Self-Made Women, highlighting previous title holders including Taylor Swift, Oprah Winfrey, Sheryl Sandberg and Kim Kardashian.
Guo knocks Swift off the top spot, as the two-time founder made her wealth through entrepreneurial endeavours in the artificial intelligence and creator spaces. Guo was a co-founder of the artificial intelligence company, Scale AI, which was valued at USD$14billion in a funding round in 2024.
Guo’s net worth increased to over $ 10 billion as a result of her retained interest in the business, which is just under 5%, after Guo left the company in 2018. A new potential tender offer has propelled the business to its current level of $ 25 billion.
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Commenting on her new self-made billionaire-title, Guo shared with the Los Angeles Business Journal: “To be very frank, I think there are people that are self-made where their parents really gave them nothing. I’m not as self-made as someone that grew up in the hood, but society defines self-made as just, you didn’t get it from a trust fund. But that doesn’t mean that I didn’t have support.”
Two years after leaving Carnegie Mellon University as a computer science student, Guo and Alexander Wang co-founded Scale AI. However, she leaves the prestigious institution for a fairly unusual reason.
After receiving a grant of $100, 000 (raised since Guo’s time), Guo left school in her senior year to pursue her original ideas. The Thiel Fellowship’s main flaw is that its recipients must abandon school. aiming for those who “want to construct new things rather than spend time in a classroom.”
Guo left Scale AI in 2018 for ambiguous reasons despite her claim that her departure was caused by “differences in product vision and road map.” Guo has not said whether she would sell her stake in Scale AI as part of a potential new agreement.
Guo’s main focus right now is Passes, the platform she founded in 2022, despite the fact that she has pursued a few projects since then.
Passes was created to enable all different types of content creators to manage subscriptions, provide exclusive services, and communicate more directly with their communities. According to Guo, “I wanted to build a platform where creators can actually monetize their brand in the ways that make sense for them.”
Source: Mirror
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