Particle.news

Download on the App Store

Lucy Guo Becomes Youngest Self-Made Female Billionaire at Age 30

The Scale AI co-founder surpasses Taylor Swift with a $1.25 billion net worth, driven by an 80% surge in her former company's valuation.

Image
From coder to $1.25 bn: Scale AI co-founder Lucy Guo snatches youngest female billionaire title from Taylor Swift
Image

Overview

  • Lucy Guo, co-founder of Scale AI, has been declared the youngest self-made female billionaire by Forbes at age 30.
  • Her net worth, approximately $1.25 billion, is largely tied to her nearly 5% equity stake in Scale AI, now valued at $25 billion.
  • Scale AI's valuation saw an 80% increase from $13.8 billion in May 2024 to $25 billion, ahead of a June 1 tender offer for early stakeholders.
  • Guo left Scale AI in 2018 but retained her equity, later founding Backend Capital and Passes, a creator-focused platform launched in 2022.
  • Raised in the San Francisco Bay Area, Guo's entrepreneurial journey began with coding in middle school and a Thiel Fellowship after leaving Carnegie Mellon University.