The Remarkable Rise of Lucy Guo, Young Millionaire Under 30 Years Old
Rewritten Article:
Meet Lucy Guo, the youngest self-made female billionaire, who recently dethroned Taylor Swift. Hailing from humble beginnings in the San Francisco Bay Area, this Sino-American entrepreneur is shaking up Silicon Valley with her innovative approach to technology.
Born to immigrant Chinese parents who were electrical engineers, Lucy Guo learned the value of hard work from a young age. Financial struggles during her childhood motivated her to pursue entrepreneurial ventures, selling Pokémon cards and creating fake streaming sites to generate income. Her resourcefulness and creativity paved the way for her first online revenues through platforms like PayPal and virtual games.
As she grew older, Lucy Guo developed a passion for coding and mastered it quickly. Disenchanted with traditional education, she left her studies at the prestigious Carnegie-Mellon University to join the Thiel Fellowship, a program that offers financial support to young people aged 22 and under pursuing innovative projects. This decision proved to be a turning point in her career, leading her to internships at tech giants like Facebook and Snapchat.
Fast forward to 2016, Lucy co-founded Scale AI, one of the leading startups in the field of generative AI, alongside entrepreneur Alexandr Wang. In 2018, following disagreements with her partner, Lucy left the company but retained a 5% stake, now valued at over $1.2 billion. Afterward, she co-founded Backend Capital, a venture capital firm focused on supporting promising engineers, and Passes, a platform designed to help creators monetize their relationship with fans by integrating AI at its core.
From 2022 to 2024, Lucy Guo raised $50 million, valuing Passes at $150 million according to Forbes magazine. She now ranks among the six women under 40 who are billionaires worldwide.
However, her newest venture, Passes, is currently embroiled in a class action lawsuit alleging that it profited from explicit content of minors, a claim that Lucy Guo's company denies.
At the tender age of 30, Lucy Guo has become a leading figure in AI and entrepreneurship, proving that with ambition, determination, and a dash of risk-taking, anyone can make their mark on the tech industry.
- Lucy Guo, the youngest self-made female billionaire, initially honed her entrepreneurial skills by selling items like Pokémon cards and creating fake streaming sites during her childhood, demonstrating an early aptitude for personal-finance management and business.
- In pursuit of her passion for coding, Lucy Guo left her studies at the prestigious Carnegie-Mellon University to join the Thiel Fellowship, a program focusing on finance for innovative projects, marking a significant step forward in her entrepreneurship journey.
- With a 5% stake in Scale AI, one of the leading startups in artificial-intelligence, Lucy Guo amassed considerable wealth, demonstrating her shrewd approach to wealth-management in the technology sector.
- In 2022, Lucy Guo co-founded Passes, a platform combining technology and entrepreneurship to help creators monetize their relationships with fans, bolstered by AI integration and backed by significant finance, with the company valued at $150 million in 2024.
