At age 25, Alexandr Wang maintains the record of becoming the youngest self-made billionaire all over the globe. His start-up, Scale AI, which he founded together with someone in 2016, accounts for the majority of his “one billion dollar” worth of assets. The tech firm has currently a 7.3 billion USD market worth. Wang has caused impacts in the IT industry, but he’s not the only one. Lucy Guo, the previous co-founder, also seems to be receiving well-deserved praise.
She was recently ranked second after Kylie Jenner in Forbes’ list of the wealthiest self-made women under 40, having a probable market worth of 440 million USD. Rihanna, Huda Kattan, Maria Sharapova, & Taylor Swift are among the other celebrities on the list.
Also Read: Alexandr Wang: From MIT Dropout to youngest billionaire
Guo picked up programming while she was in the second grade, as per a New York Post feature. Guo, whose parents both work as electrical engineers, did not have parents who would push them to go after their passions. Since it’s challenging for women to succeed in the industry, her mother in particular discouraged her from going into technology.
The 27-year-old tech genius seemed unfazed, though. Guo ultimately enrolled in Carnegie Mellon’s computer science program but left early to go after a Thiel Fellowship, which was created by Peter Thiel, a co-founder of PayPal.
As per the fellowship’s website, it “gives US$100,000 to young people who want to build new things instead of sitting in a classroom”.
Source: scmp.com
Lucy Guo credits her early acquaintance with tech due to her growing up in Silicon Valley.
She started building websites in the sixth grade after learning how to program, and by the time she was a senior in high school, she was bringing in five figures through online marketing and advertisements. She produced consumer online and mobile applications as a part-time developer, such as FriendSwipe, AccessURL, & Pokecrew.
She was working at Quora prior to co-founding Scale AI, and she then became Snapchat’s first female creator.
In 2018, the same year Wang and Guo were named to Forbes’ 30 under 30 list, Guo quit Scale AI. She still has a six percent ownership position in the business.
She helped establish the business firm Backend Capital in 2019 in its earliest stages, as reported by Forbes. She started the tech startup, Moment this April. The moment is supported, according to its website, by Antifund, a venture capital company established by Geoffrey Woo along with Jake Paul.
I am a student pursuing my bachelor’s in information technology. I have a interest in writing so, I am working a freelance content writer because I enjoy writing. I also write poetries. I believe in the quote by anne frank “paper has more patience than person