Tech entrepreneur Lucy Guo has surpassed pop superstar Taylor Swift to become the world’s youngest self-made female billionaire under the age of 30, as reported by international media.
According to a report by a foreign news agency and renowned magazine Forbes, Lucy Guo’s total assets have exceeded $1.2 billion, while the valuation of her former company, Scale AI, surged to $25 billion following a recent deal.
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Lucy Guo co-founded Scale AI in 2016 with Alexandr Wang. The San Francisco-based firm specializes in data labeling for artificial intelligence systems and serves major clients, including the U.S. government and OpenAI.
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Although Lucy Guo left the company in 2018, she retained her equity, which has now transformed into billions of dollars due to the company’s soaring valuation. Raised in California by Chinese immigrant parents, Lucy began coding in middle school. She studied briefly at Carnegie Mellon University before joining the Thiel Fellowship in 2014.
Before founding Scale AI, she worked at Snapchat and Quora in the early stages of her career. After leaving Scale AI, Lucy Guo founded a venture fund called Backend Capital and later launched “Passes,” a subscription-based platform similar to OnlyFans.
Since its launch in 2022, Passes has raised $50 million and is currently valued at $150 million. However, the platform is currently facing legal action related to a case of child sexual exploitation. Despite the legal challenges, Lucy Guo has joined the select group of fewer than 10 self-made female billionaires globally under the age of 40, half of whom are American citizens.
