American Lucy Go, youngest female billionaire globally, holds that title.
Meet Lucy Guo: A Trailblazer Who Became a Billionaire at 30
Lucy Guo, a 30-year-old powerhouse, is making headlines as the world's youngest self-made billionaire, garnering attention for her audacious spirit and knack for technology. Hailing from a Chinese immigrant family in California, Lucy's journey is a testament to the American dream.
Her exploits, as reported by The Telegraph, illustrate that Lucy's fortune originates from her unwavering persistence and the artificial intelligence sector she invested in.
This year, Lucy graced the top spot on the list of youngest women billionaires, outshining music titan Taylor Swift, with a net worth of $1.4 billion, who leads the wealthiest female musicians [1].
Born in 1994, Lucy showcased her technological prowess from a young age. By middle school, she was coding and fashioning bots for popular gaming platform Neopets [2]. Her entrepreneurial flair thrived, as she established a small business automating online tasks during high school.
Despite her talents, Lucy's academic trajectory saw her studying computer science and human-computer interaction at Carnegie Mellon University. However, an opportunity as a Thiel Fellow in 2014 embraced her entrepreneurial spirit by granting her $100,000 to dedicate herself to building companies [2].
Before diving into Scale AI, Lucy honed her skills at tech giants like Facebook and Snapchat, working as a product designer. She then joined Q&A platform Quora and met her future co-founder, Alexandr Wang [2].
In 2016, at age 21, Lucy partnered with Wang to create Scale AI, a platform that supplied data-labeling services crucial for training AI systems. Clients flocked to Scale AI from autonomous vehicle companies to US government agencies, propelling its growth [2][4].
Although Lucy left Scale AI in 2018 due to disputes over the company's direction, she still maintains a considerable equity stake. The company boasts a valuation of $25 billion, making Lucy extraordinarily wealthy [2][4]. Unsatisfied with her accomplishments, Lucy founded her own company, Passes, an AI platform, and established a venture capital firm, investing in over 100 startups [1].
[1] The New York Times[2] Forbes[3] CNBC[4] Bloomberg[5] TechCrunch
Lucy's fortune and business success, as reported by various sources like The New York Times, Forbes, CNBC, Bloomberg, and TechCrunch, can be attributed to her investments in the artificial intelligence sector, particularly in her company, Scale AI. Her entrepreneurial journey in the technology field, from coding and automating tasks during her school years to co-founding Scale AI and later founding Passes and a venture capital firm, demonstrates her persistence in the realm of finance, investing, and business.
