Who is Lucy Guo? AI startup founder becomes youngest self-made woman billionaire, dethrones Taylor Swift

Scale AI, an artificial intelligence firm, is currently wrapping up a tender that allows early employees and initial investors to sell their shares of the 9-year-old private company to new or returning investors. Lucy Guo holds a stake in the startup



Lacy Guo, an Artificial Intelligence entrepreneur, has become the youngest self-made woman billionaire at the age of just 30. She dethrones pop icon Taylor Swift to earn the title.

Lucy Guo net worth

As per Forbes estimates, Lucy Guo has a net worth of about $1.25 billion. 




How did Lucy Guo earn so much wealth?

According to the report by Forbes, even though Lucy Guo left Scale AI, she held on to about 5 per cent stake in the company. Scale AI, a buzzy artificial intelligence firm, is currently wrapping up a tender that allows early employees and initial investors to sell their shares of the nine-year-old private company to new or returning investors.



As per a source quoted by Forbes, the deal is scheduled to be closed by June 1 and will “go ahead provided the sky doesn’t fall down”.

This deal now values the company at $25 billion, according to sources quoted by Forbes, which is an 80 per cent jump since last May.

This puts Lucy Guo's net worth through a multifold jump, to about $1.2 billion. Adding to this is her holding in her second startup Passes, which puts her net worth at $1.25 billion, according to Forbes.

Comments

Post a Comment

Popular posts from this blog

Uddhav and Raj Thackeray reunion on the cards?

As Maharashtra watched, one Thackeray broke away while the other chose to stay and steer the Sena through stormy waters NEW DELHI: In what was a defining moment for Maharashtra politics, the winter of 2005 witnessed a rift that split not just a party but a powerful political family. As Raj Thackeray formally announced his resignation from Shiv Sena — the party once helmed by his uncle and political idol Bal Thackeray — it sent shockwaves through the state’s political landscape. According to a TOI article, at a packed press conference held at Shivaji Park Gymkhana — barely metres from the very ground where Balasaheb founded the Sena in 1966 — Raj laid bare his disappointment. Choked with emotion, he told reporters that all he ever asked for from ‘Matoshree’ was respect. “All I got in return was humiliation,” he said, visibly hurt. “I wouldn’t wish a day like this even on my worst enemy.” Outside the venue, a massive crowd of supporters, drums in hand, gathered to show solidarity. Some c...
Read more