There’s A New Youngest Self-Made Billionaire, And He Got Rich Working With The Government

“I told my parents it was just going to be a thing I did for the summer,” Wang says. “Obviously, I never went back to school.”

Alexandr Wang, a Massachusetts Institute of Technology dropout whose business Scale was named to Forbes’ 30 Under 30 Enterprise Technology list in 2018, utilizes artificial intelligence to automate processes like picture identification and voice transcription. Customers included GM Cruise, Alphabet, Uber, P&G, and others at the time.

Wang, who is 25, is now the world’s youngest self-made millionaire. While he still works with high-profile corporations, he now has $350 million in federal military contracts. This has helped Scale reach a valuation of $7.3 billion, giving Wang a net worth of $1 billion (as he owns 15 percent of the company).

Leave a reply

Please enter your comment!
Please enter your name here